8008 Olive Ln Downey, CA 90241

$575,000 Sold Price as of 11/28/2017

4 Beds
4 Baths
1,896 Sq.Ft.

Off Market

$575,000 Sold Price as of 11/28/2017 Refinance Your Mortgage

Map preview of 8008 Olive Ln, Downey, CA 90241

Property Overview: 8008 Olive Ln Downey, CA has 4 bedrooms, 4 bathrooms, 1,896 living square feet and 915 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

8008 Olive Ln 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 $895,000. The median price per/sqft for Downey is $543. 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 $179,000 for the down payment and will need roughly $17,900 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 $45,750. 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 8008 Olive Ln

Last sold for $575,000 on November 28th, 2017

November, 2017
Nov 28, 2017

Date

Sold (Public Records)

Public Records

$575,000

Price

Tax History for 8008 Olive Ln

Assessed Value (2020): $598,230

Year	Land Value	Improved Value	Assessed Value
2020	$280,908	$317,322	$598,230

About 8008 Olive Ln

Detailed summary of property

8008 Olive Ln is a planned unit development (pud) in Downey, CA 90241 and last sold on November 28, 2017 for $575,000. This planned unit development has 4 bedrooms, 4 bathrooms, roughly 1,896 living square feet, and sits on an approximately 915 square foot lot. Homes in Downey are selling for a median price of $915,000 and a median price per square foot of $533. Based on Ardent Real Estate Group's Downey Market Data, this home is sold 37.16% lower than the current median priced home. 8008 Olive Ln was last sold on November 28, 2017 for $575,000. Local nearby listings include 11523 Richeon Ave, 8353 Gainford St and 7956 De Palma St. The average home in Downey, CA is selling in 44 days. There are currently 92 homes for sale in the Downey real estate market and 80 of them are single family homes while 6 of them are condos and 6 are townhomes. If you are the homeowner and looking to sell the home at 8008 Olive Ln Downey, CA 90241 contact Ardent Real Estate Group and we will put you in touch with one of our Downey agents.

Public Facts for 8008 Olive Ln

Public county record property details

Beds: 4
Baths: 4
Year built: 2017
Sq. Ft.: 1,896
Lot Size: 915
Stories: 1

Type: Planned Unit Development (Pud) (Residential)
Pool: No
Spa: No
County: Los Angeles
Lot#: 53
APN: 6251-043-026

The source for these homes facts are from public records.

90241 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$899,900

Median List Price/Sq.Ft.

$528

Median Sold Price

$1,220,000

Median Sold Price/Sq.Ft.

$585

Total Inventory

Median Sale to List Price %

101.75%

Avg Days on Market

Loan Type

Conventional (70%), FHA (0%), VA (10%), Cash (20%), Other (0%)

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