NOT LISTED FOR SALE

10621 Paramount Blvd Downey, CA 90241

Estimated Value: $1,039,549 - $1,169,000

4 Beds
3 Baths
2,102 Sq Ft
$514/Sq Ft Est. Value

Last Sold February 29, 2020

Last sale price $780,000 $371 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $6,580/month

15 Days on Market

About This Home

As of February 2020

This property consists of one 2-bedroom 1- bath and two 1-bedroom 1- bath triplex in the heart of of Downey, CA. Centrally located, close to shopping, restaurants and transportation. Property has been kept in good condition with alley access and it's situated in a great rental area of Downey.

Last Agent to Sell the Property

Rene Cardona

SOUTHLAND Real Estate Service License #01033230 Listed on: 01/23/2020

SOUTHLAND Real Estate Service

Last Buyer's Agent

Rene Cardona

SOUTHLAND Real Estate Service License #01033230 Listed on: 01/23/2020

SOUTHLAND Real Estate Service

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,748

Year Built

  • Built in 1949

Lot Details

  • 5,006 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Garage

Home Design

  • 2,102 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 191
  • Tax Tract Number 8960
  • Assessor Parcel Number 6251024004

Community Details

Overview

  • 3 Units

Building Details

  • Rent Control
  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • Trash Expense $792
  • Water Sewer Expense $840
  • New Taxes Expense $9,375

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,748

Year Built

Built in 1949

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 840.00
  • Zoning: DOCP*
  • Property Type: Residential Income
  • Parcel Number: 6251024004
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 371.08

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 792.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5006.00
  • Lot Size Acres: 0.1149

Multi Family

  • Lot Size Area: 5006.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Units Total: 3
  • Rent Control: Yes

Tax Info

  • New Taxes Expense: 9375.00
  • Tax Census Tract: 5508.00
  • Tax Lot: 191
  • Tax Tract Number: 8960

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2020
Closed on
Mar 2, 2020
Sold by
Tenmill Properties Inc
Bought by
Donato Denisse
Seller's Agent
Rene Cardona
SOUTHLAND Real Estate Service
Buyer's Agent
Rene Cardona
SOUTHLAND Real Estate Service
List Price
$749,800
Sold Price
$780,000
Premium/Discount to List
$30,200
4.03%
Current Estimated Value
$1,080,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,637
Avg. Annual Appreciation
5.93%
Original Mortgage
$574,000
Outstanding Balance
$505,421
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$575,216

Purchase Details

Listed on
Jan 23, 2020
Closed on
Feb 10, 2020
Sold by
Bain John and Bain Shirley Yorba
Bought by
Tenmill Properties Inc
Seller's Agent
Rene Cardona
SOUTHLAND Real Estate Service
Buyer's Agent
Rene Cardona
SOUTHLAND Real Estate Service
List Price
$749,800
Sold Price
$780,000
Premium/Discount to List
$30,200
4.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$574,000
Outstanding Balance
$505,421
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$575,216

Purchase Details

Closed on
Mar 24, 2012
Sold by
Bain John and Bain Shirley Yorba
Bought by
Bain John and Bain Shirley Yorba

Purchase Details

Closed on
Sep 13, 2011
Sold by
Harvey Carrie
Bought by
Harvey Thomas E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2011
Sold by
Harvey Thomas E
Bought by
Bain John and Bain Shirley Yorba

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
3.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 27, 1996
Sold by
Harvey Thomas E and Harvey Charlotte S
Bought by
Harvey Thomas E
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Donato Denisse $780,000 Orange Coast Title Company
Tenmill Properties Inc $780,000 Orange Coast Title
Bain John -- None Available
Harvey Thomas E -- Chicago Title Company
Bain John $445,000 Chicago Title Company
Harvey Thomas E -- --
Harvey Thomas E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Donato Denisse $574,000
Previous Owner Tenmill Properties Inc $390,000
Previous Owner Bain John $245,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/29/2020 02/29/20 Sold $780,000 +4.0% $371 / Sq Ft
02/07/2020 02/07/20 Pending -- -- --
01/23/2020 01/23/20 For Sale $749,800 -- $357 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,748 $853,039 $341,215 $511,824
2024 $10,748 $836,314 $334,525 $501,789
2023 $10,383 $819,916 $327,966 $491,950
2022 $9,865 $803,840 $321,536 $482,304
2021 $9,621 $788,080 $315,232 $472,848
2020 $6,503 $511,079 $229,698 $281,381
2019 $6,434 $501,059 $225,195 $275,864
2018 $6,236 $491,235 $220,780 $270,455
2016 $6,044 $472,160 $212,207 $259,953
2015 $5,958 $465,069 $209,020 $256,049
2014 $5,640 $455,960 $204,926 $251,034
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2020

    Rene Cardona

    SOUTHLAND Real Estate Service

    (323) 563-8813

    18 Total Sales

    Rene Cardona
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS20017438

California Regional Multiple Listing Service (CRMLS)

APN: 6251-024-004

California Los Angeles County Downey 90241

10621 Paramount Blvd, Downey, CA

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