Check Availability

10540 Western Avenue

10540 Western Avenue, Downey, CA 90241
Property in Downey
Sold May 09, 2005
$375,000
$300,000 by Americas Wholesale Lender
Mortgage Due May 01, 2035
Sold Mar 06, 2003
$196,000
$156,800 by Franklin Financial
Mortgage Due Aug 01, 2032
Local assessors in Downey, CA have categorized 10540 Western Avenue as a residential type of property. The home was built in 1948 and is 76 years old. It was most recently renovated and altered in 1950. The property's lot size has been calculated to be 4,022 square feet. The linear feet between the front and back of the lot was measured at 500 ft and the front of the lot was measured at 800 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There is a single bedroom in the home. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 10540 Western Avenue has a total of 940 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of composition shingle. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 10540 Western Avenue was last sold in Apr 21, 2005 for $375,000. According to our calculations, that's $398.94 per sqft. Prior to that sales transaction, the property was sold for $196,000 in Jun 25, 2002. Current property owners are expected to pay $5,946 in taxes per year. The property on 10540 Western Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $502,404. To break that down further, the land itself was valued at $401,929. While improvements to the property were assessed at a total of $100,475. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1948
  • Effective Year Built: 1950
  • Building Count: 1
  • Total Rooms: 5
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 4,022
  • Lot Size Depth Feet: 500
  • Lot Size Frontage Feet: 800
  • Total Building Area: 940
  • Building Area: 940
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 940
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DOWNEY HOME TRACT
  • Land Acres: 0.092
  • Standard Land Use Code: Single family residential
  • Legal Description 1: DOWNEY HOME TRACT NW 50 FT OF LOT 16 AND NE 20 FT OF NW 50 FT OF LOT/SEC 17 BLK/DIV/TWN 7

Ownership

  • Current Owner : GOMEZ GILBERT
  • Previous Owner : SANTANA ARMANDO
  • Previous Owner 2: SANTANA JANE
  • Owner Before Previous Owner: KAWAKITA MAMIKO
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Downey Unified School District
  • Census Tract: 550902

Zoning

  • Zoning: DOR3*

Geography

  • Assessors Map Reference: 60-B3
  • Parcel: 6252-026-020
  • Block: 7
  • Lot: 16
  • Municipality: SOUTH /NO. DOWNEY
  • Latitude: 33.9477
  • Longitude: -118.131

    Address

  • Full Address: 10540 Western Ave
  • Address - House Number: 10540
  • Address - Street Name: Western
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Downey
  • Carrier Code: C003
  • 4-Digit Zip Code: 2413
  • Zip Code: 90241

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,946
  • Tax Rate Code Area: 03-967

    Appraisal Valuation

  • Standard Deviation: 0.2297
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 68
  • Final Value: 821,260
  • High Value: 1,009,964
  • Low Value: 632,556

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $400,000
  • First Open Lien Mortgage Lender: AMERICAS WHOLESALE LENDER
  • First Open Lien Mortgage Recording Date: May 09, 2005
  • First Open Lien Mortgage Financing Type: Fixed Rate
  • First Open Lien Mortgage Loan Amount: $300,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2035
  • Second Open Lien Mortgage Lender: WASHINGTON MUTUAL BANK FA
  • Second Open Lien Mortgage Recording Date: Dec 29, 2005
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $100,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $502,404
  • Assessed Land Value: $401,929
  • Assessed Improvements Value: $100,475

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 21, 2005
  • Current Sale Recording Date: May 09, 2005
  • Current Sale Transaction ID: 1016721076
  • Current Sale Price: $375,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 05-1081186
  • Previous Sale Recording Date: Mar 06, 2003
  • Previous Sale Contract Date: Jun 25, 2002
  • Previous Sale Amount: $196,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: AMERICAS WHOLESALE LENDER
  • First Mortgage Transaction Date: May 09, 2005
  • First Mortgage Loan Amount: $300,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2035
  • Second Mortgage Loan Amount: $56,250

    Financing

  • First Mortgage Financing Type: Fixed Rate

    Previous Mortgages

  • Previous Mortgage Lender: FRANKLIN FINANCIAL
  • Previous Mortgage Transaction Date: Mar 06, 2003
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $156,800
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Aug 01, 2032

About Downey



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at 8117 2nd Street, Downey, CA, 90241

$3,950 /mo

  • 3 Beds
  • 3.5 Baths
  • 1,850 ft²
8117 2nd Street #103, Downey, CA, 90241 Listing by Jamie Kim

Frequently Asked Questions

What neighborhood is 10540 Western Avenue located in?
The 10540 Western Avenue is a located in the neighborhood of Downey in Downey, Downey.
What is the average sales price for listings in 10540 Western Avenue?
The average sales price for units in 10540 Western Avenue is $0 currently.

Quantcast