8311 Florence Ave Downey, CA 90240

$4,250,000 Sold Price as of 01/24/2003

-- Beds
-- Baths
25,442 Sq.Ft.

Off Market

$4,250,000 Sold Price as of 01/24/2003 Refinance Your Mortgage

Map preview of 8311 Florence Ave, Downey, CA 90240

Property Overview: 8311 Florence Ave Downey, CA has -- bedrooms, -- bathrooms, 25,442 living square feet and 55,103 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

8311 Florence 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 $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 8311 Florence Ave

Last sold for $4,250,000 on January 24th, 2003

January, 2003
Jan 24, 2003

Date

Sold (Public Records)

Public Records

$4,250,000

Price
June, 2002
Jun 11, 2002

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 8311 Florence Ave

Assessed Value (2020): $5,433,557

Year	Land Value	Improved Value	Assessed Value
2020	$1,010,317	$4,423,240	$5,433,557

About 8311 Florence Ave

Detailed summary of property

8311 Florence Ave is categorized with a use code of Medical Bldg/Clinic in Downey, CA 90240 and last sold on January 24, 2003 for $4,250,000. This property has -- bedrooms, -- bathrooms, roughly 25,442 living square feet, and sits on an approximately 55,103 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 364.48% higher than the current median priced home. 8311 Florence Ave was last sold on January 24, 2003 for $4,250,000. Local nearby listings include 7727 Suva St, 9117 Florence Ave #102 and 10542 Shellyfield Rd. 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 8311 Florence Ave Downey, CA 90240 contact Ardent Real Estate Group and we will put you in touch with one of our Downey agents.

Public Facts for 8311 Florence Ave

Public county record property details

Beds: --
Baths: --
Year built: 1981
Sq. Ft.: 25,442
Lot Size: 55,103
Stories: 2

Type: Medical Bldg/Clinic
Pool: No
Spa: No
County: Los Angeles
Lot#: --
APN: 6362-018-026

The source for these homes facts are from public records.

90240 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,099,000

Median List Price/Sq.Ft.

$550

Median Sold Price

$955,000

Median Sold Price/Sq.Ft.

$489

Total Inventory

Median Sale to List Price %

97.95%

Avg Days on Market

Loan Type

Conventional (66.67%), FHA (16.67%), VA (0%), Cash (0%), Other (16.67%)

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(714) 706-1823

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