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8732 Fontana Street

8732 Fontana Street, Downey, CA 90241
Property in Downey
Sold Aug 24, 2021
$600,000
$570,000 by Ml Mortgage Corp
Mortgage Due Sep 01, 2051
Sold May 08, 2013
$275,000
$270,019 by Academy Mortgage Corp
Mortgage Due Jun 01, 2043
8732 Fontana Street 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 1953 and is 71 years old. However, we must point out that the home was most recently renovated and altered in 1954. The home has a total of 2 bedrooms. Residents will have access to one full bathroom. There is one partial bathroom in the home. In addition, 8732 Fontana Street has 945 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 7,115 square feet.

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. In terms of heating, it is utilizing a solar heating system and being fueled with solar energy. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 8732 Fontana Street was last sold in Jul 19, 2021 for $600,000. According to our calculations, that's $634.92 per sqft. Prior to that sales transaction, the property was sold for $275,000 in Mar 22, 2013. Current property owners are expected to pay $7,245 in taxes per year. The property on 8732 Fontana Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $612,000. To break that down further, the land itself was valued at $489,600. While improvements to the property were assessed at a total of $122,400. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1954
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,115
  • Total Building Area: 945
  • Building Area: 945
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Solar
  • Heated Square Feet: 945
  • Heating Fuel Type: Solar energy

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 13183
  • Land Acres: 0.163
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 13183 LOT COM AT MOST S COR OF LOT 8 TH N ON W LINE OF SD LOT TO S LINE OF FONTANA ST TH E THEREON TO NE LINE OF SD LOT TH SE ON SD NE LINE AND SE PROLONGATION THEREOF 65.25 FT TH S LOT/SEC 8

Ownership

  • Current Owner : SANCHEZ VICTOR H OCHOA
  • Current Owner 2: BORQUEZ MARISOL RUIZ
  • Previous Owner : AMEZQUITA CARLOS
  • Owner Before Previous Owner: BONA FIDE VENTURES LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Downey Unified School District
  • Census Tract: 551300

Zoning

  • Zoning: DOR2-R3*

Geography

  • Assessors Map Reference: 60-C5
  • Subdivision Tract Number: 13183
  • Parcel: 6255-024-065
  • Lot: 8
  • Municipality: SOUTH /DOWNEY EAST
  • Latitude: 33.9292
  • Longitude: -118.13

    Address

  • Full Address: 8732 Fontana St
  • Address - House Number: 8732
  • Address - Street Name: Fontana
  • Address - Suffix Type: St
  • State: CA
  • City Name: Downey
  • Carrier Code: C030
  • 4-Digit Zip Code: 5228
  • Zip Code: 90241

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $7,245
  • Tax Rate Code Area: 03-271

    Appraisal Valuation

  • Standard Deviation: 0.2272
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 663,097
  • High Value: 813,777
  • Low Value: 512,416

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $570,000
  • First Open Lien Mortgage Lender: ML MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Aug 24, 2021
  • First Open Lien Mortgage Loan Amount: $570,000
  • 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: Sep 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $612,000
  • Assessed Land Value: $489,600
  • Assessed Improvements Value: $122,400

    Sales

  • Current Sale Contract Date: Jul 19, 2021
  • Current Sale Recording Date: Aug 24, 2021
  • Current Sale Transaction ID: 11850333928
  • Current Sale Price: $600,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1295929
  • Previous Sale Recording Date: May 08, 2013
  • Previous Sale Contract Date: Mar 22, 2013
  • Previous Sale Amount: $275,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: ML MORTGAGE CORP
  • First Mortgage Transaction Date: Aug 24, 2021
  • First Mortgage Loan Amount: $570,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: ACADEMY MORTGAGE CORP
  • Previous Mortgage Transaction Date: May 08, 2013
  • Previous Mortgage Loan Amount: $270,019
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jun 01, 2043

About Downey



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Frequently Asked Questions

What neighborhood is 8732 Fontana Street located in?
The 8732 Fontana Street is a located in the neighborhood of Downey in Downey, Downey.
What is the average sales price for listings in 8732 Fontana Street?
The average sales price for units in 8732 Fontana Street is $0 currently.

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