8455 Otto St Downey, CA 90240

$610,000 Sold Price as of 07/01/2015

3 Beds
2 Baths
1,487 Sq.Ft.

Off Market

$610,000 Sold Price as of 07/01/2015 Refinance Your Mortgage

Map preview of 8455 Otto St, Downey, CA 90240

Property Overview: 8455 Otto St Downey, CA has 3 bedrooms, 2 bathrooms, 1,487 living square feet and 11,120 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

8455 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 $879,000. 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 $175,800 for the down payment and will need roughly $17,580 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 8455 Otto St

Last sold for $610,000 on July 1st, 2015

July, 2015
Jul 1, 2015

Date

Sold (Public Records)

Public Records

$610,000

Price

Tax History for 8455 Otto St

Assessed Value (2020): $660,281

Year	Land Value	Improved Value	Assessed Value
2020	$441,847	$218,434	$660,281

About 8455 Otto St

Detailed summary of property

8455 Otto St is a single family home in Downey, CA 90240 and last sold on July 1, 2015 for $610,000. This house has 3 bedrooms, 2 bathrooms, roughly 1,487 living square feet, and sits on an approximately 11,120 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. 8455 Otto St was last sold on July 1, 2015 for $610,000. Local nearby listings include 7845 Coolgrove Dr, 7727 Suva St and 10704 Paramount Blvd. The average home in Downey, CA is selling in 48 days. There are currently 87 homes for sale in the Downey real estate market and 74 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 8455 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 8455 Otto St

Public county record property details

Beds: 3
Baths: 2
Year built: 1941
Sq. Ft.: 1,487
Lot Size: 11,120
Stories: --

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

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

$1,049,000

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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