12020 Rives Ave Downey, CA 90242

$495,000 Sold Price as of 05/08/2002

3 Beds
2 Baths
1,921 Sq.Ft.

Off Market

$495,000 Sold Price as of 05/08/2002 Refinance Your Mortgage

Map preview of 12020 Rives Ave, Downey, CA 90242

Property Overview: 12020 Rives Ave Downey, CA has 3 bedrooms, 2 bathrooms, 1,921 living square feet and 28,495 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

12020 Rives Ave is currently an off market home in the city of Downey. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Downey has a median list price of $945,000. The median price per/sqft for Downey is $551. With those numbers in mind, if you are looking to purchase a median priced home in Downey, CA and put 20% down you will need to save up $189,000 for the down payment and will need roughly $18,900 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Downey the commission could be as much as $44,750. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 12020 Rives Ave

Last sold for $495,000 on May 8th, 2002

March, 2024
Mar 25, 2024

Date

Withdrawn

CRMLS: DW24013058

$2,200,000

Price
Jan 22, 2024

Date

Active

CRMLS: DW24013058

$2,200,000

Price
Listing provided courtesy of CRMLS

Great opportunity to build a huge dream home or a multifamily. Initial construction plans for a multifamily have been approved by the planning dept. Pending review and approval with Building & Safety in order for final permits to be issued. Current submitted plans allows for 2 large homes with 2 ADU's that are currently approved with the planning dept. Potential to build an additional 2 JR ADUs are possible - with resubmission.

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July, 2023
Jul 1, 2023

Date

Expired

CRMLS: DW23032341

$2,200,000

Price
Feb 25, 2023

Date

Active

CRMLS: DW23032341

$2,800,000

Price
Listing provided courtesy of CRMLS

Investors Opportunity!! Great opportunity to build a huge dream home or a multifamily or live in the current home! Plans for multifamily have been submitted to the city of Downey, but have not been approved yet. Currently in the process and waiting for approval.

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September, 2022
Sep 13, 2022

Date

Canceled

CRMLS: OC22186028

$1,950,000

Price
Aug 23, 2022

Date

Active

CRMLS: OC22186028

$1,950,000

Price
Listing provided courtesy of CRMLS

2 lots abutted. approx. 30, 000 square foot. Get the country feel in this gated California ranch style house. All bedrooms have walk-in closets. Master bedroom has 3 walk-in closets. laminate floors. RV parking and appx 8 car parking. Property includes an 18x38 rustic brick Patio, 9 Avocado trees, 9 Citrus trees and others, rose garden, 3 fireplaces (one outside wood burning) and 4 car garage with 3/4 bath. Dad's wood work shop. New 5 ton central air system. New electric gate motor. Gated 2 Lots, spacious country living home. Fruit tees include: 9 avocado, 9 citrus and many more. Includes a 4 car garage with workshop, 3/4 bathroom (would convert easily to guest house) and laundry room. Patio is a rustic 18 x 38' and includes outdoor wood burning fireplace plus 2 additional fireplaces in the home. House includes a new 5 ton central air system. Property sold "as is".

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July, 2018
Jul 26, 2018

Date

Canceled

CRMLS: SR18003087

$1,250,000

Price
May 7, 2018

Date

Price Change

CRMLS: SR18003087

$1,250,000

Price
May 7, 2018

Date

Price Change

CRMLS: SR18003087

$1,300,000

Price
Jan 5, 2018

Date

Active

CRMLS: SR18003087

$1,350,000

Price
Listing provided courtesy of CRMLS

Downey!

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September, 2017
Sep 27, 2017

Date

Canceled

CRMLS: SR17087437

$1,350,000

Price
Sep 27, 2017

Date

Price Change

CRMLS: SR17087437

$1,350,000

Price
Sep 1, 2017

Date

Price Change

CRMLS: SR17087437

$1,299,999

Price
Aug 25, 2017

Date

Price Change

CRMLS: SR17087437

$1,289,999

Price
May 5, 2017

Date

Price Change

CRMLS: SR17087437

$1,299,999

Price
Apr 24, 2017

Date

Active

CRMLS: SR17087437

$1,350,000

Price
Listing provided courtesy of CRMLS

Downey!

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May, 2002
May 8, 2002

Date

Sold (Public Records)

Public Records

$495,000

Price
December, 2000
Dec 28, 2000

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 12020 Rives Ave

Assessed Value (2020): $668,627

Year	Land Value	Improved Value	Assessed Value
2020	$466,015	$202,612	$668,627

About 12020 Rives Ave

Detailed summary of property

12020 Rives Ave is a single family home in Downey, CA 90242 and last sold on May 8, 2002 for $495,000. This house has 3 bedrooms, 2 bathrooms, roughly 1,921 living square feet, and sits on an approximately 28,495 square foot lot. Homes in Downey are selling for a median price of $895,000 and a median price per square foot of $582. Based on Ardent Real Estate Group's Downey Market Data, this home is sold 44.69% lower than the current median priced home. 12020 Rives Ave was last sold on May 8, 2002 for $495,000. Local nearby listings include 8024 Devenir Ave, 10248 Pangborn Ave and 12268 Samoline Ave. The average home in Downey, CA is selling in 57 days. There are currently 96 homes for sale in the Downey real estate market and 82 of them are single family homes while 12 of them are condos and 2 are townhomes. If you are the homeowner and looking to sell the home at 12020 Rives Ave Downey, CA 90242 contact Ardent Real Estate Group and we will put you in touch with one of our Downey agents.

Public Facts for 12020 Rives Ave

Public county record property details

Beds: 3
Baths: 2
Year built: 1938
Sq. Ft.: 1,921
Lot Size: 28,495
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Los Angeles
Lot#: 15,16
APN: 6246-003-024

The source for these homes facts are from public records.

90242 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$805,000

Median List Price/Sq.Ft.

$526

Median Sold Price

$705,000

Median Sold Price/Sq.Ft.

$590

Total Inventory

Median Sale to List Price %

100.74%

Avg Days on Market

Loan Type

Conventional (50%), FHA (0%), VA (0%), Cash (25%), Other (0%)

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(714) 706-1823

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