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9620 Florence Avenue

9620 Florence Avenue, Downey, CA 90240
Property in Downey
Sold May 28, 2021
$2,100,000
$1,440,000 by Finance Of America Mortgage Ll
Mortgage Due Jun 01, 2051
Sold Feb 01, 2019
$1,300,000
$975,000 by United Wholesale Mortgage
Mortgage Due Feb 01, 2049
Local assessors in Downey, CA have categorized 9620 Florence Avenue as a residential type of property. The home was built in 1941 and is 83 years old. The property's lot size has been calculated to be 40,207 square feet. The linear feet between the front and back of the lot was measured at 2,870 ft and the front of the lot was measured at 1,400 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a unknown style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 10 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 9620 Florence Avenue has a total of 2,718 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. There is only one available parking space, so if you need more, you may need to find some alternatives. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - A. The building has a hip style roof that was made of wood shake/ shingles. The home's a central heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. The property was last sold in Apr 23, 2021 for $2,100,000. That's $772.63 per sqft. Prior to that sales transaction, the property was also sold in Dec 11, 2018 for $1,300,000. 9620 Florence Avenue was last assessed in 2023. The total value of the property was assessed at $2,184,840. Specifically, the land the property is located on was valued at $1,529,388. While improvements on the property were assessed at a total of $655,452. 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 $25,326. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry! 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: 1941
  • Effective Year Built: 1941
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Unknown
  • Roof Shape Type: Hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 40,207
  • Lot Size Depth Feet: 2,870
  • Lot Size Frontage Feet: 1,400
  • Total Building Area: 2,718
  • Building Area: 2,718
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,718
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RANCHO SANTA GERTRUDES
  • Land Acres: 0.923
  • Standard Land Use Code: Single family residential
  • Legal Description 1: RANCHO SANTA GERTRUDES SUB FOR THE SANTA GERTRUDES LAND ASSN AS PER BK 32 PG 18 OF M R LOT COM AT MOST N COR OF LOT 24 TR NO 16124 TH N 31 1315 E 287 FT TH S 58 4735 E 140 FT TH S 31 LOT/SEC R

Ownership

  • Current Owner : VARELA RAFAEL
  • Previous Owner : NARKAR SANJANA
  • Previous Owner 2: NARKAR SHREE
  • Owner Before Previous Owner: MARK ERIC
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Downey Unified School District
  • Census Tract: 551001

Zoning

  • Zoning: DOR17500*

Geography

  • Assessors Map Reference: 60-E4
  • Subdivision Tract Number: 16124
  • Parcel: 6287-005-032
  • Lot: 24,R
  • Municipality: SOUTH /NO. DOWNEY
  • Latitude: 33.9401
  • Longitude: -118.104

    Address

  • Full Address: 9620 Florence Ave
  • Address - House Number: 9620
  • Address - Street Name: Florence
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Downey
  • Carrier Code: C010
  • 4-Digit Zip Code: 3513
  • Zip Code: 90240

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $25,326
  • Tax Rate Code Area: 03-304

    Appraisal Valuation

  • Standard Deviation: 0.2192
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,880,791
  • High Value: 2,293,162
  • Low Value: 1,468,421

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,440,000
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: May 28, 2021
  • First Open Lien Mortgage Loan Amount: $1,440,000
  • 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: Jun 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,184,840
  • Assessed Land Value: $1,529,388
  • Assessed Improvements Value: $655,452

    Sales

  • Current Sale Contract Date: Apr 23, 2021
  • Current Sale Recording Date: May 28, 2021
  • Current Sale Transaction ID: 11836262411
  • Current Sale Price: $2,100,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0860075
  • Previous Sale Recording Date: Feb 01, 2019
  • Previous Sale Contract Date: Dec 11, 2018
  • Previous Sale Amount: $1,300,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: May 28, 2021
  • First Mortgage Loan Amount: $1,440,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Previous Mortgage Transaction Date: Feb 01, 2019
  • Previous Mortgage Loan Amount: $975,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Feb 01, 2049

About Downey



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Frequently Asked Questions

What neighborhood is 9620 Florence Avenue located in?
The 9620 Florence Avenue is a located in the neighborhood of Downey in Downey, Downey.
What is the average sales price for listings in 9620 Florence Avenue?
The average sales price for units in 9620 Florence Avenue is $0 currently.

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