See Home Value
Downey 90242 Downey
12103 Downey Avenue
$882,000 - $1,078,000
House - Off Market

12103 Downey Avenue

Downey, CA 90242
bedrooms
4 Beds
bathrooms
3 Baths
square feet
1559 Sqft
Sold Jan 25, 2000
$182,000
$275,000 by Chase Manhattan Mortgage Corp
Mortgage Due May 01, 2034
Sold Nov 14, 1995
$162,000
$155,790 by Finlay Fin Corp
Mortgage Due Dec 01, 2025

About This Property

Nestled in the heart of Downey, this charming home  with a legal ADU, offers unparalleled convenience with all the features you and your family will need. Location, location, location. Downey is famously renowned for its diverse culinary scene, offering an array of restaurants and eateries to satisfy every palate. From trendy cafes to upscale dining establishments, you'll never run out of options. A city with a private police department to keep the neighborhood safe and Downey has the best schools of all the surrounding cities.  Meticulously cared for, this home boasts modern amenities and updates throughout. From gleaming wood floors to air conditioning to keep you cool, or energy-efficient dual pane windows, every detail has been thoughtfully considered to provide comfort and style.  Step into the finished front porch that leads into the main entry the foyer is next to the large living rooms complimented by a fireplace and windows that bring in lots of natural light. The dining room is very well sized for great family dining meals that will create lifelong memories. This home's floor plan design is superb and places the bedrooms to the side of the home to separate them and create a peaceful oasis to sleep peacefully.  The large 4 bedroom, 3 bathrooms gives lots of room for personal time. This home has converted and enclosed a patio /sunroom with drywall, great flooring and lots of windows. This Bonus room adds an additional 325 feet to the floor plan and gives the home a great party room, game or movie room to have fun.  Escape to your own private backyard retreat, perfect for entertaining or unwinding after a long day. Enjoy the California sunshine in a serene setting, surrounded by lush greenery and tranquility

Easily step out to the backyard that is securely fenced to keep your family safe. The large lot size is just under 7000 ft and features 3 separate grassed areas, the front, middle and back grassed yard for hours of outdoor fun. In the large backyard, find the additional Unit: ADU (Accessory Dwelling Unit) for Extra Income Updated with wood floors, windows, and a modern bathroom. This ADU can be converted to a great retreat or a game room, currently being used as a bedroom. The structure is permitted  allowing rental income at $2,000 per month. Whether it's shopping, entertainment, or recreational activities, Downey has it all within reach. Say goodbye to long commutes easy access to major freeways, the 105, 5, 605, and 710 freeways.

The manager has listed the unit size as 1559 square feet.
Unit Size
1,559Ft²
Days on Market
-
Land Size
0.16 acres
Price per sqft
$629
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1953

Price History

Date / Event Date Event Price
Apr 18, 2024 No longer available -
No longer available
Mar 27, 2024 In contract -
In contract
Feb 27, 2024 Listed $980,000
Listed

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,868
  • Lot Size Depth Feet: 1,250
  • Lot Size Frontage Feet: 550
  • Total Building Area: 1,279
  • Building Area: 1,279
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,279
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 18390
  • Land Acres: 0.158
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 18390 LOT/SEC 6

Ownership

  • Current Owner : PALACIOS JAIME E
  • Current Owner 2: PALACIOS INES A
  • Previous Owner : RAMIREZ MARTIN
  • Owner Before Previous Owner: FEDERAL HOME LOAN MORTGAGE CORPORATION
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Downey Unified School District
  • Census Tract: 551201

Zoning

  • Zoning: DOR15000*

Geography

  • Assessors Map Reference: 60-B5
  • Subdivision Tract Number: 18390
  • Parcel: 6259-012-006
  • Lot: 6
  • Municipality: SOUTH /DOWNEY WEST
  • Latitude: 33.9294
  • Longitude: -118.141

    Address

  • Full Address: 12103 Downey Ave
  • Address - House Number: 12103
  • Address - Street Name: Downey
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Downey
  • Carrier Code: C007
  • 4-Digit Zip Code: 2533
  • Zip Code: 90242

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $3,442
  • Tax Rate Code Area: 03-266

    Appraisal Valuation

  • Standard Deviation: 0.2105
  • Valuation Date: Feb 28, 2024
  • Confidence Score: 71
  • Final Value: 764,272
  • High Value: 925,171
  • Low Value: 603,372

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $275,000
  • First Open Lien Mortgage Lender: CHASE MANHATTAN MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Apr 15, 2004
  • First Open Lien Mortgage Loan Amount: $275,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Unknown (DEFAULT)
  • First Open Lien Mortgage Loan Due Date: May 01, 2034

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $268,695
  • Assessed Land Value: $173,569
  • Assessed Improvements Value: $95,126

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jan 03, 2000
  • Current Sale Recording Date: Jan 25, 2000
  • Current Sale Transaction ID: 1037935727
  • Current Sale Price: $182,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 00-0111694
  • Previous Sale Recording Date: Nov 14, 1995
  • Previous Sale Contract Date: Oct 08, 1995
  • Previous Sale Amount: $162,000
  • Previous Sale Document Type: Corporation Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST MAGNUS FINANCIAL CORP
  • First Mortgage Transaction Date: Jan 25, 2000
  • First Mortgage Loan Amount: $178,804
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2030

    Previous Mortgages

  • Previous Mortgage Lender: FINLAY FIN CORP
  • Previous Mortgage Transaction Date: Nov 14, 1995
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $155,790
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Dec 01, 2025



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
2 Baths
1,628 ft²
$533/ft²
$868,265 Jan 17, 2024
-
-
House
3 Beds
1.5 Baths
1,408 ft²
$610/ft²
$859,000 Feb 27, 2024
-
-
House
3 Beds
2 Baths
1,361 ft²
$617/ft²
$839,900 Aug 2, 2023
-
-
House
3 Beds
2 Baths
2,279 ft²
$483/ft²
$1,100,000 Mar 28, 2024
-
-
House
2 Beds
2 Baths
1,512 ft²
$585/ft²
$885,000 Mar 12, 2024
-
-

About Downey


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Frequently Asked Questions

When was property at 12103 Downey Avenue built and last sold?
The property at 12103 Downey Avenue was built in 1953 and last sold on Jan 3, 2000 for $182,000.
How much is this home worth?
The estimated value of the home located at 12103 Downey Avenue is $981,637.
What are some comparable homes to 12103 Downey Avenue?
Homes that are comparable to 12103 Downey Avenue include a house property at 8702 Stewart And Gray Road, 8141 Conrad Street, 12005 Samoline Lane.

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