8440 Otto St Downey, CA 90240

$610,000 Sold Price as of 04/04/2017

4 Beds
3 Baths
1,538 Sq.Ft.

Off Market

$610,000 Sold Price as of 04/04/2017 Refinance Your Mortgage

Map preview of 8440 Otto St, Downey, CA 90240

Property Overview: 8440 Otto St Downey, CA has 4 bedrooms, 3 bathrooms, 1,538 living square feet and 12,278 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

8440 Otto 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 $905,000. The median price per/sqft for Downey is $533. 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 $181,000 for the down payment and will need roughly $18,100 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 8440 Otto St

Last sold for $610,000 on April 4th, 2017

April, 2017
Apr 4, 2017

Date

Sold (Public Records)

Public Records

$610,000

Price
February, 2017
Feb 6, 2017

Date

Sold (Public Records)

Public Records

$520,000

Price

Tax History for 8440 Otto St

Assessed Value (2020): $647,335

Year	Land Value	Improved Value	Assessed Value
2020	$514,260	$133,075	$647,335

About 8440 Otto St

Detailed summary of property

8440 Otto St is a single family home in Downey, CA 90240 and last sold on April 4, 2017 for $610,000. This house has 4 bedrooms, 3 bathrooms, roughly 1,538 living square feet, and sits on an approximately 12,278 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 33.33% lower than the current median priced home. 8440 Otto St was last sold on April 4, 2017 for $610,000. Local nearby listings include 8010 Cherry Ln, 7835 Irwingrove Dr and 7845 Coolgrove Dr. The average home in Downey, CA is selling in 47 days. There are currently 91 homes for sale in the Downey real estate market and 79 of them are single family homes while 5 of them are condos and 7 are townhomes. If you are the homeowner and looking to sell the home at 8440 Otto St Downey, CA 90240 contact Ardent Real Estate Group and we will put you in touch with one of our Downey agents.

Public Facts for 8440 Otto St

Public county record property details

Beds: 4
Baths: 3
Year built: 1948
Sq. Ft.: 1,538
Lot Size: 12,278
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Los Angeles
Lot#: --
APN: 6362-016-014

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

$1,175,000

Median List Price/Sq.Ft.

$533

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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