7938 Cole St Downey, CA 90242

$648,000 Sold Price as of 03/23/2012

12 Beds
6 Baths
5,940 Sq.Ft.

Off Market

$648,000 Sold Price as of 03/23/2012 Refinance Your Mortgage

Map preview of 7938 Cole St, Downey, CA 90242

Property Overview: 7938 Cole St Downey, CA has 12 bedrooms, 6 bathrooms, 5,940 living square feet and 32,853 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

7938 Cole St 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 7938 Cole St

Last sold for $648,000 on March 23rd, 2012

March, 2012
Mar 23, 2012

Date

Sold (Public Records)

Public Records

$648,000

Price
July, 2011
Jul 29, 2011

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 7938 Cole St

Assessed Value (2020): $816,038

Year	Land Value	Improved Value	Assessed Value
2020	$458,099	$357,939	$816,038

About 7938 Cole St

Detailed summary of property

7938 Cole St is categorized with a use code of Apartment House (5+ Units) in Downey, CA 90242 and last sold on March 23, 2012 for $648,000. This property has 12 bedrooms, 6 bathrooms, roughly 5,940 living square feet, and sits on an approximately 32,853 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 27.6% lower than the current median priced home. 7938 Cole St was last sold on March 23, 2012 for $648,000. Local nearby listings include 7954 Lyndora St, 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 7938 Cole St Downey, CA 90242 contact Ardent Real Estate Group and we will put you in touch with one of our Downey agents.

Public Facts for 7938 Cole St

Public county record property details

Beds: 12
Baths: 6
Year built: 1958
Sq. Ft.: 5,940
Lot Size: 32,853
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 1
APN: 6246-011-001

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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