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$1,525,000

Beds
5
Baths
2.5
sq ft
2,669

9538 Lubec St, Downey, CA 90240

9538 Lubec St

Downey, CA 90420

  • 12 days on market
Step into a world of opulence at this stunning Northeast Downey Estate! From the moment you approach the elegant glass and iron front doors, you'll be greeted with an nice open court yard! This property boasts distinctive upgrades such as paid off SOLAR PANELS, newer pavers in the front yard and court yard, two fireplaces—one with a custom marble mantel and raised hearth. Upgraded travertine tile floor on the hallway. Plus plantation shutters in the bedrooms. The master suite features a serene private bathroom with a step-down tub and shower combination, complemented by a secluded garden. The backyard showcases a sparkling pool, a custom koi pond with a waterfall feature, and blooming water lilies. For ultimate comfort, the home is equipped with two separate air conditioning units—5 tons and 3 tons. Beautiful Stacked Stone on the front side of the exterior wall. Set on an expansive 11,400-square-foot corner lot with a circular driveway, this home is truly a must-see! Come and take a look at this beautiful home and make it yours today!

Details

Property type

Single Family Residence

Est. home value

$1,480,538

Property condition

Updated/Remodeled

Lot size

0.2617 acres

Price per sq ft

$572

Year built

1962

HOA

No

Price History

01/10/2025
CRMLS

CRMLS #PW25002658

Listed
$1,525,000
+32.61%
04/23/2021
CRMLS

CRMLS #DW20189919

Sold
$1,150,000

Schools & Community

Elementary school: 

Rio San Gabriel

Middle school: 

Unknown

High school: 

Downey

Community features: 

Curbs

High school district: 

Downey Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$716,779
Asking price
$1,525,000
Closing costs (~8% of asking)
-$122,000
Est. remaining loan balance
-$686,221
Cash to seller
$716,779

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Wells Fargo Bank Na

Loan start date

March 2021

Original loan amount

$750,000

Est. remaining balance

$686,221

Interest rate

2.73%

Loan type

New Conventional, 30 year

Seller

Kenneth Jolley and Evelyn Jolley

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 01/21/2025 at 11:05 PM

Listing updated: 01/19/2025 at 3:45 AM

Listed by: Rachel Turner, Coldwell Banker Realty Phone #: (714) 832-0020

MLS: CRMLS #PW25002658

CRMLS logo

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