8408 Florence Ave Downey, CA 90240

$1,070,000 Sold Price as of 02/04/2020

-- Beds
-- Baths
3,296 Sq.Ft.

Off Market

$1,070,000 Sold Price as of 02/04/2020 Refinance Your Mortgage

Map preview of 8408 Florence Ave, Downey, CA 90240

Property Overview: 8408 Florence Ave Downey, CA has -- bedrooms, -- bathrooms, 3,296 living square feet and 7,425 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

8408 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 $868,265. The median price per/sqft for Downey is $541. 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 $173,653 for the down payment and will need roughly $17,366 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 $41,000. 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 8408 Florence Ave

Last sold for $1,070,000 on February 4th, 2020

February, 2020
Feb 4, 2020

Date

Sold (Public Records)

Public Records

$1,070,000

Price
June, 2016
Jun 28, 2016

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 8408 Florence Ave

Assessed Value (2020): $719,877

Year	Land Value	Improved Value	Assessed Value
2020	$293,629	$426,248	$719,877

About 8408 Florence Ave

Detailed summary of property

8408 Florence Ave is categorized with a use code of Office Bldg (General) in Downey, CA 90240 and last sold on February 4, 2020 for $1,070,000. This property has -- bedrooms, -- bathrooms, roughly 3,296 living square feet, and sits on an approximately 7,425 square foot lot. Homes in Downey are selling for a median price of $820,000 and a median price per square foot of $540. Based on Ardent Real Estate Group's Downey Market Data, this home is sold 30.49% higher than the current median priced home. 8408 Florence Ave was last sold on February 4, 2020 for $1,070,000. Local nearby listings include 7845 Coolgrove Dr, 9339 Appleby St and 9003 Guatemala Ave.. The average home in Downey, CA is selling in 50 days. There are currently 84 homes for sale in the Downey real estate market and 71 of them are single family homes while 6 of them are condos and 7 are townhomes. If you are the homeowner and looking to sell the home at 8408 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 8408 Florence Ave

Public county record property details

Beds: --
Baths: --
Year built: 1982
Sq. Ft.: 3,296
Lot Size: 7,425
Stories: 1

Type: Office Bldg (General)
Pool: No
Spa: No
County: Los Angeles
Lot#: --
APN: 6252-013-005

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

$900,000

Median List Price/Sq.Ft.

$550

Median Sold Price

$893,435

Median Sold Price/Sq.Ft.

$537

Total Inventory

Median Sale to List Price %

99.94%

Avg Days on Market

Loan Type

Conventional (57.14%), FHA (14.29%), VA (0%), Cash (14.29%), Other (14.29%)

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Thinking of Selling?
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(714) 706-1823

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