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11005 Old River School Road

11005 Old River School Road, Downey, CA 90241
Property in Downey
Sold Mar 11, 2022
$1,050,000
$966,625 by Ocmbc Inc
Mortgage Due Apr 01, 2052
Sold Jan 05, 2018
$790,000
$632,000 by Mk Lending Corp
Mortgage Due Jan 01, 2048
Local assessors in Downey, CA have categorized 11005 Old River School Road as a residential type of property. The home was built in 1943 and is 81 years old. It was most recently renovated and altered in 1967. The property's lot size has been calculated to be 13,193 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 840 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 are 9 rooms in the home. Of these, 2 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. 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 11005 Old River School Road has a total of 2,388 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. There is only one available parking space, so if you need more, you may need to find some alternatives. 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 hip style roof that was made of wood shake/ shingles. 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. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 11005 Old River School Road sold most recently in Jan 31, 2022 for a total of $1,050,000. If you work out the math, that's approximately a cost of $439.70 per sqft. Before that, the property was also sold for $790,000 in Nov 13, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $10,320 in taxes each year. 11005 Old River School Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,071,000. If we break it down further, the land itself was valued at $743,274. Improvements to the property, however, were assessed at a total of $327,726. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1943
  • Effective Year Built: 1967
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 2
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 13,193
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 840
  • Total Building Area: 2,388
  • Building Area: 2,388
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,388
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 7028
  • Land Acres: 0.303
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 7028 LOTS 2 AND LOT/SEC 3

Ownership

  • Current Owner : GONZALEZ TERESA
  • Current Owner 2: VARELA JOSE R
  • Previous Owner : TAMADA MASANOBU I
  • Previous Owner 2: TAMADA ANGELICA I
  • Owner Before Previous Owner: CONTRERAS LOURDES DUMAS
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Downey Unified School District
  • Census Tract: 550802

Zoning

  • Zoning: DOR1&HFB*

Geography

  • Assessors Map Reference: 60-A3
  • Subdivision Tract Number: 7028
  • Parcel: 6229-011-002
  • Lot: 2
  • Municipality: SOUTH /NO. DOWNEY
  • Latitude: 33.9498
  • Longitude: -118.148

    Address

  • Full Address: 11005 Old River School Rd
  • Address - House Number: 11005
  • Address - Street Name: Old River School
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Downey
  • Carrier Code: C001
  • 4-Digit Zip Code: 4213
  • Zip Code: 90241

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,320
  • Tax Rate Code Area: 03-304

    Appraisal Valuation

  • Standard Deviation: 0.2145
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 1,130,862
  • High Value: 1,373,506
  • Low Value: 888,219

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $966,625
  • First Open Lien Mortgage Lender: OCMBC INC
  • First Open Lien Mortgage Recording Date: Mar 11, 2022
  • First Open Lien Mortgage Loan Amount: $966,625
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: FHA
  • First Open Lien Mortgage Loan Due Date: Apr 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,071,000
  • Assessed Land Value: $743,274
  • Assessed Improvements Value: $327,726

    Sales

  • Current Sale Contract Date: Jan 31, 2022
  • Current Sale Recording Date: Mar 11, 2022
  • Current Sale Transaction ID: 11881322277
  • Current Sale Price: $1,050,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 286749
  • Previous Sale Recording Date: Jan 05, 2018
  • Previous Sale Contract Date: Nov 13, 2017
  • Previous Sale Amount: $790,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: OCMBC INC
  • First Mortgage Transaction Date: Mar 11, 2022
  • First Mortgage Loan Amount: $966,625
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Apr 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: MK LENDING CORP
  • Previous Mortgage Transaction Date: Jan 05, 2018
  • Previous Mortgage Loan Amount: $632,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jan 01, 2048

About Downey



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

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  • 3.5 Baths
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Frequently Asked Questions

What neighborhood is 11005 Old River School Road located in?
The 11005 Old River School Road is a located in the neighborhood of Downey in Downey, Downey.
What is the average sales price for listings in 11005 Old River School Road?
The average sales price for units in 11005 Old River School Road is $0 currently.

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