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8510 Cole Street

8510 Cole Street, Downey, CA 90242
Property in Downey
Sold Jan 03, 2014
$350,000
$543,413 by Jpmorgan Chase Bank Na
Mortgage Due Jan 01, 2037
8510 Cole Street in Downey, CA was first built in 1959 and is 65 years old. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 8510 Cole Street has 2,890 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 970 ft and the linear feet between the front and back of the lot is 1,800. In total, the area measurement of the land is 17,452 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. As for heating, the home 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, 8510 Cole Street sold most recently in Dec 30, 2013 for a total of $350,000. If you work out the math, that's approximately a cost of $121.11 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 $7,112 in taxes each year. 8510 Cole Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $508,211. If we break it down further, the land itself was valued at $271,605. Improvements to the property, however, were assessed at a total of $236,606. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1959
  • Building Count: 3
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 17,452
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 970
  • Total Building Area: 2,890
  • Building Area: 2,890
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 2,890
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: DOWNEY VILLA TRACT #2
  • Land Acres: 0.401
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: DOWNEY VILLA TR NO 2 SE 97.15 FT EX OF ST OF LOT 8

Ownership

  • Current Owner : GARCIA FERNANDO MEDINA
  • Current Owner 2: MILLAN LOPEZ SARA
  • Previous Owner : PR PRESICCI MICHAEL P
  • Previous Owner 2: PR MICHAEL P PRESICCI SEPARATE
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: DOR1&HFB*

Geography

  • Assessors Map Reference: 60-B5
  • Subdivision Tract Number: 2
  • Parcel: 6258-001-017
  • Lot: 8
  • Municipality: SOUTH /HOLY/DOWN/BEL G
  • Latitude: 33.9292
  • Longitude: -118.136

    Address

  • Full Address: 8510 Cole St
  • Address - House Number: 8510
  • Address - Street Name: Cole
  • Address - Suffix Type: St
  • State: CA
  • City Name: Downey
  • Carrier Code: C028
  • 4-Digit Zip Code: 2526
  • Zip Code: 90242

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $7,112
  • Tax Rate Code Area: 03-271

    Appraisal Valuation

  • Standard Deviation: 0.226
  • Valuation Date: Dec 20, 2023
  • Confidence Score: 68
  • Final Value: 1,062,571
  • High Value: 1,302,815
  • Low Value: 822,326

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $543,413
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Feb 11, 2022
  • First Open Lien Mortgage Loan Amount: $543,413
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2037

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $508,211
  • Assessed Land Value: $271,605
  • Assessed Improvements Value: $236,606

    Sales

  • Current Sale Contract Date: Dec 30, 2013
  • Current Sale Recording Date: Jan 03, 2014
  • Current Sale Transaction ID: 1033695755
  • Current Sale Price: $350,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 14-0005331

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Jan 03, 2014
  • First Mortgage Loan Amount: $343,660
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: FHA
  • First Mortgage Loan Due Date: Feb 01, 2044

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Frequently Asked Questions

What neighborhood is 8510 Cole Street located in?
The 8510 Cole Street is a located in the neighborhood of Downey in Downey, Downey.
What is the average sales price for listings in 8510 Cole Street?
The average sales price for units in 8510 Cole Street is $0 currently.

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