NOT LISTED FOR SALE

9312 Otto St Downey, CA 90240

Estimated Value: $1,669,000 - $1,961,365

5 Beds
5.5 Baths
4,251 Sq Ft
$435/Sq Ft Est. Value

Last Sold November 19, 2015

Last sale price $935,000 $220 Per Sq Ft

Est. 98% increase in value since last sale

Current estimated payment $10,670/month

86 Days on Market

Highlights

  • Guest House
  • Sound Studio
  • Open Floorplan
  • Downey High School Rated A-
  • Heated In Ground Pool
  • Deck

About This Home

As of November 2015

PRICE REDUCTION!! PRICED TO SELL!!

Fabulous Family Living on Estate Sized Lot. Conveniently close to all major freeways leading to Orange & Los Angeles Counties! This Property Has It ALL!! Main House has 5 Spacious Bedrooms & 4 Luxurious Bathrooms. Large Built-In Storage & Custom Closets. Grand Family Room with Fireside Seating & Towering Cathedral Ceilings. Gourmet Kitchen, Open to Dining Room & Family Room, with Stunning Spanish Saltillo Tile Flooring. Romantic Living Room with Elegant Marble Fireplace. Convenient Indoor Laundry. Wonderful Natural Light, Enhanced by Skylights and Beautiful Custom Stained Glass Windows. French Doors Open to a Resort-Like Backyard, with Sparkling Pool & Spa, 3 Covered Patios & Garden Fountain.

WAIT, THERE IS MORE! A Guest House re-purposed as a Music/Recording Studio. Upgraded sound insulation, complete with it's own Bathroom & Shower!

MORE! Includes a Long Paved Motor-Court Driveway that leads to a 3 Car Garage with a Workshop & Additional Bathroom.

This family and entertainer's dream is a MUST SEE! The main house, not including guest house is 4,251 SqFt on a 12,746 SqFt Lot!

Last Agent to Sell the Property

Helene Fasnacht

Team Fasnacht Realty License #01125292 Listed on: 07/16/2015

Last Buyer's Agent

Helene Fasnacht

Team Fasnacht Realty License #01125292 Listed on: 07/16/2015

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 0.29 Acre Lot
  • Landscaped
  • Paved or Partially Paved Lot
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn
  • Garden
  • Back and Front Yard

Parking

  • 3 Car Garage

Home Design

  • Shake Roof

Interior Spaces

  • 4,251 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Crown Molding
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Shutters
  • Stained Glass
  • Window Screens
  • French Doors
  • Entryway
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Sound Studio
  • Workshop
  • Storage
  • Laundry Room
  • Neighborhood Views

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Pool

  • Heated In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Additional Homes

  • Guest House
  • Fireplace in Guest House

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Satellite Dish

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 36
  • Tax Tract Number 17493
  • Assessor Parcel Number 6390016007

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

0.29 Acres

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Security System
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6390016007
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4251.00
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, High Ceilings, Open Floorplan, Recessed Lighting, Storage
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Door Features: French Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Guest House, Living Room
  • Levels: Two
  • Price Per Square Foot: 219.95
  • Room Type: Entry, Family Room, Living Room, Sound Studio, Workshop
  • Spa Features: Heated, In Ground
  • Window Features: Screens, Stained Glass, Shutters, Skylight(s)

Exterior Features

  • Patio: Yes
  • Other Structures: Guest House
  • Exterior Features: Lighting, Satellite Dish
  • View: Neighborhood
  • Patio And Porch Features: Brick, Covered, Deck, Wood
  • Pool Features: Heated, In Ground
  • Pool Private: Yes
  • Roof: Shake
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected, Phone Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Microwave, Trash Compactor
  • Electric: Electricity - On Property
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters

Lot Info

  • Lot Features: Back Yard, Front Yard, Garden, Lawn, Landscaped, Lot 10000-19999 Sqft, Paved, Sprinklers In Front, Sprinklers In Rear, Sprinkler System, Yard
  • Lot Size Sq Ft: 12746.00
  • Price Per Lot Square Foot: 73.36
  • Lot Size Acres: 0.2930

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12746.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 36
  • Tax Tract Number: 17493

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 16, 2015
Closed on
Oct 8, 2015
Sold by
Olds Melvin
Bought by
Ramirez Noe and Ramirez Brenda J
Seller's Agent
Helene Fasnacht
Team Fasnacht Realty
Buyer's Agent
Helene Fasnacht
Team Fasnacht Realty
List Price
$1,100,000
Sold Price
$935,000
Premium/Discount to List
-$165,000
-15%
Current Estimated Value
$1,848,091

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$913,091
Avg. Annual Appreciation
6.87%
Original Mortgage
$748,000
Outstanding Balance
$585,101
Interest Rate
3.71%
Mortgage Type
New Conventional
Estimated Equity
$1,262,990

Purchase Details

Closed on
Jan 20, 2000
Sold by
Kroener Family Trust Kroener Ernest C And Suz
Bought by
Olds Melvin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,800
Interest Rate
8.21%

Purchase Details

Closed on
Apr 19, 1994
Sold by
Kroener Ernest C and Kroener Suzanna Lee
Bought by
Kroener Ernest C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Ramirez Noe $935,000 Ticor Title Company
Olds Melvin $586,000 Fidelity National Title Co
Kroener Ernest C -- --
Kroener Ernest C -- --
Kroener Ernest C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Noe $748,000
Previous Owner Olds Melvin $318,800
Closed Olds Melvin $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2015 11/19/15 Sold $935,000 -1.5% $220 / Sq Ft
10/10/2015 10/10/15 Pending -- -- --
09/29/2015 09/29/15 Price Changed $949,000 -4.1% $223 / Sq Ft
09/04/2015 09/04/15 Price Changed $990,000 -10.0% $233 / Sq Ft
07/16/2015 07/16/15 For Sale $1,100,000 -- $259 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,789 $1,106,842 $527,141 $579,701
2024 $13,789 $1,085,140 $516,805 $568,335
2023 $13,319 $1,063,864 $506,672 $557,192
2022 $12,649 $1,043,005 $496,738 $546,267
2021 $12,394 $1,022,555 $486,999 $535,556
2019 $12,078 $992,227 $472,555 $519,672
2018 $11,677 $972,773 $463,290 $509,483
2016 $11,329 $935,000 $445,300 $489,700
2015 $9,089 $749,394 $231,081 $518,313
2014 $8,568 $734,715 $226,555 $508,160
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15155326

California Regional Multiple Listing Service (CRMLS)

APN: 6390-016-007

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