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8324 Telegraph Road

8324 Telegraph Road, Downey, CA 90240
Property in Downey
Sold Nov 21, 2012
$315,000
$203,000 by Pmac Lending Services Inc
Mortgage Due Jul 01, 2051
Sold Apr 21, 2006
$679,000
$543,200 by Mega Capital Funding Inc
Mortgage Due May 01, 2036
8324 Telegraph 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 2006 and is 18 years old. The home has a total of 4 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. In addition, 8324 Telegraph Road has 1,997 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 140,410 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo 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 C by the local assessor. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. The property was last sold in Oct 2, 2012 for $315,000. That's $157.74 per sqft. Prior to that sales transaction, the property was also sold in Mar 13, 2006 for $679,000. 8324 Telegraph Road was last assessed in 2023. The total value of the property was assessed at $372,828. Specifically, the land the property is located on was valued at $94,211. While improvements on the property were assessed at a total of $278,617. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $4,563. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 140,410
  • Total Building Area: 1,997
  • Building Area: 1,997
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,997
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: BIRCHBARK VILLAS HOA
  • Land Acres: 3.223
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TR=54347 POR LOT 1 MODULE 2 CONDO UNIT 12 (AIRSPACE AND 1/24 INT IN C/A)

Ownership

  • Current Owner : LEE CHANG MO
  • Previous Owner : PATEL SURESH R
  • Previous Owner 2: PATEL HEMLATABEN SURESH
  • Owner Before Previous Owner: BIRCHBARK VILLAS LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Downey Unified School District
  • Census Tract: 550601

Geography

  • Subdivision Tract Number: 54347
  • Parcel: 6367-024-035
  • Lot: 1
  • Municipality: EAST /PICO RIVERA
  • Latitude: 33.9638
  • Longitude: -118.113

    Address

  • Full Address: 8324 Telegraph Rd
  • Address - House Number: 8324
  • Address - Street Name: Telegraph
  • Address - Suffix Type: Rd
  • State: CA
  • City Name: Downey
  • Carrier Code: C004
  • 4-Digit Zip Code: 2228
  • Zip Code: 90240

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $4,563
  • Tax Rate Code Area: 03-282

    Appraisal Valuation

  • Standard Deviation: 0.2218
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 69
  • Final Value: 683,737
  • High Value: 835,445
  • Low Value: 532,028

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $475,000
  • First Open Lien Mortgage Lender: PMAC LENDING SERVICES INC
  • First Open Lien Mortgage Recording Date: Jun 15, 2021
  • First Open Lien Mortgage Loan Amount: $203,000
  • 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: Jul 01, 2051
  • Second Open Lien Mortgage Lender: BBCN BANK
  • Second Open Lien Mortgage Recording Date: Jul 21, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $272,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: SBA Participation Trust Deed

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $372,828
  • Assessed Land Value: $94,211
  • Assessed Improvements Value: $278,617

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 02, 2012
  • Current Sale Recording Date: Nov 21, 2012
  • Current Sale Transaction ID: 1033817693
  • Current Sale Price: $315,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 12-1777662
  • Previous Sale Recording Date: Apr 21, 2006
  • Previous Sale Contract Date: Mar 13, 2006
  • Previous Sale Amount: $679,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Nov 21, 2012
  • First Mortgage Loan Amount: $252,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Dec 01, 2042

    Previous Mortgages

  • Previous Mortgage Lender: MEGA CAPITAL FUNDING INC
  • Previous Mortgage Transaction Date: Apr 21, 2006
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $543,200
  • Previous Mortgage Term: 360
  • Previous 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.)
  • Previous Mortgage Loan Due Date: May 01, 2036

About Downey



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Unit for rent at 11410 Brookshire Avenue, Downey, CA, 90241

$2,150 /mo

  • 1 Bed
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  • 571 ft²
11410 Brookshire Avenue #321, Downey, CA, 90241 Listing by Vivian Ayala

Frequently Asked Questions

What neighborhood is 8324 Telegraph Road located in?
The 8324 Telegraph Road is a located in the neighborhood of Downey in Downey, Downey.
What is the average sales price for listings in 8324 Telegraph Road?
The average sales price for units in 8324 Telegraph Road is $0 currently.

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