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12072 Patton Road

12072 Patton Road, Downey, CA 90242
Property in Downey
Sold Aug 25, 2005
$1,100,000
$735,000 by Bankerswest Funding Corp
Mortgage Due Sep 01, 2035
12072 Patton Road has been categorized by the local assessors in Downey, CA as a residential type of property. The building on the property was first built in 1986 and is 38 years old. The home has a total of 6 bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. In addition, 12072 Patton Road has 2,730 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,400 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 10,788 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a duplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of B by the local assessor. In terms of heating, it is utilizing floor/wall heating system. 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, 12072 Patton Road sold most recently in Jul 6, 2005 for a total of $1,100,000. If you work out the math, that's approximately a cost of $402.93 per sqft. 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 $10,405 in taxes each year. 12072 Patton Road was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $866,909. If we break it down further, the land itself was valued at $459,724. Improvements to the property, however, were assessed at a total of $407,185. 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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1986
  • Effective Year Built: 1986
  • Building Count: 2
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 10,788
  • Lot Size Depth Feet: 1,400
  • Lot Size Frontage Feet: 750
  • Total Building Area: 2,730
  • Building Area: 2,730
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 2,730
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 15560
  • Land Acres: 0.248
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: *TR=RANCHO SANTA GERTRUDES FINALLY CON- FIRMED TO J P MCFARLAND AND J G DOWNEY *THAT POR IN DOWNEY CITY LTG DIST ZONE 2-3 OF LOT COM AT MOST W COR OF LOT 10 SEE ASSESSOR MAPBOOK FOR MISSING PORTIONE

Ownership

  • Current Owner : ZACHMAN WANETA M
  • Previous Owner : GANSER TRUST
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Downey Unified School District
  • Census Tract: 551204

Zoning

  • Zoning: DOR1*

Geography

  • Assessors Map Reference: 60-B5
  • Subdivision Tract Number: 15560
  • Parcel: 6258-016-040
  • Lot: 10
  • Municipality: SOUTH /HOLY/DOWN/BEL G
  • Latitude: 33.9267
  • Longitude: -118.135

    Address

  • Full Address: 12072 Patton Rd
  • Address - House Number: 12072
  • Address - Street Name: Patton
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Downey
  • Carrier Code: C028
  • 4-Digit Zip Code: 2574
  • Zip Code: 90242

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,405
  • Tax Rate Code Area: 03-301

    Appraisal Valuation

  • Standard Deviation: 0.227
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 1,023,241
  • High Value: 1,255,618
  • Low Value: 790,864

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $735,000
  • First Open Lien Mortgage Lender: BANKERSWEST FUNDING CORP
  • First Open Lien Mortgage Recording Date: Aug 25, 2005
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $735,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2035

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $866,909
  • Assessed Land Value: $459,724
  • Assessed Improvements Value: $407,185

    Sales

  • Current Sale Contract Date: Jul 06, 2005
  • Current Sale Recording Date: Aug 25, 2005
  • Current Sale Transaction ID: 1016750137
  • Current Sale Price: $1,100,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 05-2045506

    Last Sale Mortgage

  • First Mortgage Lender: BANKERSWEST FUNDING CORP
  • First Mortgage Transaction Date: Aug 25, 2005
  • First Mortgage Loan Amount: $735,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • First Mortgage Loan Due Date: Sep 01, 2035

    Financing

  • First Mortgage Financing Type: Adjustable Rate

About Downey



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Frequently Asked Questions

What neighborhood is 12072 Patton Road located in?
The 12072 Patton Road is a located in the neighborhood of Downey in Downey, Downey.
What is the average sales price for listings in 12072 Patton Road?
The average sales price for units in 12072 Patton Road is $0 currently.

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