8248 Lankin St Downey, CA 90242

$618,000 Sold Price as of 01/31/2019

2 Beds
3 Baths
1,380 Sq.Ft.

Off Market

$618,000 Sold Price as of 01/31/2019 Refinance Your Mortgage

Map preview of 8248 Lankin St, Downey, CA 90242

Property Overview: 8248 Lankin St Downey, CA has 2 bedrooms, 3 bathrooms, 1,380 living square feet and 6,672 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

8248 Lankin 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 $930,000. The median price per/sqft for Downey is $549. 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 $186,000 for the down payment and will need roughly $18,600 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 8248 Lankin St

Last sold for $618,000 on January 31st, 2019

January, 2019
Jan 31, 2019

Date

Sold (Public Records)

Public Records

$618,000

Price
December, 2018
Dec 27, 2018

Date

Canceled

CRMLS: PW18208665

$629,888

Price
Oct 18, 2018

Date

Price Change

CRMLS: PW18208665

$629,888

Price
Oct 10, 2018

Date

Price Change

CRMLS: PW18208665

$629,999

Price
Sep 21, 2018

Date

Price Change

CRMLS: PW18208665

$639,900

Price
Sep 16, 2018

Date

Price Change

CRMLS: PW18208665

$659,900

Price
Aug 29, 2018

Date

Active

CRMLS: PW18208665

$675,000

Price
Listing provided courtesy of CRMLS

OVER $100,000 IN UPGRADES, ENTERTAINER'S DELIGHT, BEAUTIFUL SPACIOUS 3 BEDROOM 3 BATH HOME. MAIN HOUSE IS 1380 SQFT, AND FEATURES HIGH POWERED CENTRAL A/C. SPACIOUS KITCHEN WITH LARGE ISAND, MARBLE COUNTERTOP, CUSTOM BACK SPLASH, FORMAL DINING AREA, DUAL PAIN WINDOWS, TILE FLOORS, DOUBLE OVEN, CUSTOM CABINETS, RECESSED LIGHTING, MASTER BEDROOM COMES WITH BUILT IN TV, AND BATH. OVER POWERED SOLAR SYSTEM THAT PUTS ENERGY BACK ON THE GRID, LOWEST ELECTRICITY BILLS, CAN RUN A/C WITHOUT WORRIES, SELLER'S AVERAGE BILL BEFORE SOLAR WAS CLOSE TO $400 PER MONTH NOW ITS $0-30 PER MONTH SOMETIMES NEGATIVE. BUY THIS HOUSE AND YOU COULD SAVE $400 A MONTH IN ELECTRIC BILLS ALONE. LONG DRIVEWAY WITH RV PARKING (CAN FIT 5 CARS) LEADS TO REAR STRUCTURES WHICH IS NEARLY 1000 [(SQFT 980.) THE ULTIMATE MAN CAVE, $15,000 WORTH OF CUSTOM BOOKSHELVES, 420 SQFT GAME ROOM, 160 SQFT LAUNDRY ROOM, AND 400 SQFT GARAGE, CAN SQUEEZE 3 CARS INSIDE, ALSO INCLUDES FIRE SPRINKLERS SEE ATTACHED APPROVED CITY SKETCH] BIG BACKYARD, PLENTY OF ROOM TO ENTERTAIN KIDS TO PLAY, OR TO ADD A POOL. BUILT-IN BBQ INCLUDED W/ GAZEBO COVER, GAS POWERED CONVERSATION PIT. HUGE ATTIC STORAGE IN GARAGE, ALSO FEATURES A COLTEK WATER DISBURSEMENT SYSTEM ** WORK DONE WITH CITY PERMITS**

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July, 1995
Jul 20, 1995

Date

Sold (Public Records)

Public Records

$165,000

Price

Tax History for 8248 Lankin St

Assessed Value (2020): $630,360

Year	Land Value	Improved Value	Assessed Value
2020	$377,400	$252,960	$630,360

About 8248 Lankin St

Detailed summary of property

8248 Lankin St is a single family home in Downey, CA 90242 and last sold on January 31, 2019 for $618,000. This house has 2 bedrooms, 3 bathrooms, roughly 1,380 living square feet, and sits on an approximately 6,672 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 30.95% lower than the current median priced home. 8248 Lankin St was last sold on January 31, 2019 for $618,000. Local nearby listings include 7604 Stewart And Gray Rd #D, 12913 Whitewood Ave and 8224 Arnett St. The average home in Downey, CA is selling in 56 days. There are currently 98 homes for sale in the Downey real estate market and 83 of them are single family homes while 12 of them are condos and 3 are townhomes. If you are the homeowner and looking to sell the home at 8248 Lankin 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 8248 Lankin St

Public county record property details

Beds: 2
Baths: 3
Year built: 1942
Sq. Ft.: 1,380
Lot Size: 6,672
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Los Angeles
Lot#: 81
APN: 6259-015-058

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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