NOT LISTED FOR SALE

15000 Downey Ave Unit 114 Paramount, CA 90723

Estimated Value: $319,000 - $364,000

1 Bed
1 Bath
624 Sq Ft
$291/ mo HOA Fee

Last Sold January 28, 2022

Last sale price $335,000 $537 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $2,519/month

6 Days on Market

Highlights

  • 24-Hour Security
  • 3.5 Acre Lot
  • Living Room
  • In Ground Pool
  • Clubhouse
  • Laundry Room

About This Home

As of January 2022

Lovely one bedroom unit in newer complex in the best part of Paramount in the gated community of Somerset Paramount. This unit has a modern open-concept floor plan. Complete with a built in dishwasher, stackable washer & dryer and plenty of cabinets and bar height counters. Unit has central heat/air. Home has 1 assigned subterranean parking space along with its own storage unit in the same area. Community has a pool, spa, BBQ areas & a community room that can be reserved for events and social gatherings. This gated community has a 24-hour guard. Metro Local Lines including the: 22, 266, 127 & 125 are close by and well as the 105, 710 & 91 freeways. Nearby parks include Progress Park, Pequino Park and Paramount Park.

Last Agent to Sell the Property

Elvia Lopez

Cogburn-Miller Realty License #00943287 Listed on: 11/21/2021

Last Buyer's Agent

Chad Robinson

Keller Williams Realty License #02046138

Keller Williams Realty

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1991

Lot Details

  • 3.5

HOA Fees

  • $291 Monthly HOA Fees

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Parking Available

Interior Spaces

  • 624 Sq Ft Home
  • Living Room
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

Additional Features

  • In Ground Pool
  • Two or More Common Walls
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 50432
  • Assessor Parcel Number 6268006070
  • $369 per year additional tax assessments

Community Details

Overview

  • 282 Units
  • Omerset Paramount Association, Phone Number (562) 531-1955
  • California Condo Management HOA

Amenities

  • Community Barbecue Grill
  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Security

  • 24-Hour Security
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1991

Lot Details

3.5 Acres

HOA Fees

$291 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Security: 24 Hour Security, Gated with Attendant, Gated Community, Gated with Guard, Smoke Detector(s)
  • View: No
  • Zoning: PAM1
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6268006070
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 624.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 536.86
  • Room Type: Living Room

Exterior Features

  • Pool Features: Association, In Ground
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Central
  • Laundry Features: In Closet, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Clubhouse
  • Association Fee: 291.00
  • Association Fee Frequency: Monthly
  • Association Name: omerset Paramount
  • Phone: (562) 531-1955
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Suburban
  • Association Management: California Condo Management

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 152564.00
  • Lot Size Acres: 3.5024

Multi Family

  • Lease Considered: No
  • Lot Size Area: 152564.0000 Square Feet
  • Number Of Units In Community: 282
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5535.02
  • Tax Lot: 1
  • Tax Tract Number: 50432
  • TaxOtherAnnualAssessmentAmount: 369.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2021
Closed on
Dec 13, 2021
Sold by
Cortez Glover 2008 Trust
Bought by
Corral Alexandra Segura
Seller's Agent
Elvia Lopez
Cogburn-Miller Realty
Buyer's Agent
Chad Robinson
Keller Williams Realty
List Price
$330,000
Sold Price
$335,000
Premium/Discount to List
$5,000
1.52%
Current Estimated Value
$350,304

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$15,304
Avg. Annual Appreciation
1.08%
Original Mortgage
$294,800
Interest Rate
3.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2008
Sold by
Glover Cortez
Bought by
Glover Cortez and Cortez Glover 2008 Trust

Purchase Details

Closed on
Jan 29, 2008
Sold by
Lewis Jock and Lewis Kindall C
Bought by
Glover Cortez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.6%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Feb 15, 2005
Sold by
Glover Cortez
Bought by
Glover Cortez and Lewis Jock

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$67,000
Interest Rate
6.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 17, 1998
Sold by
Hawthorne Svgs Fsb
Bought by
Glover Cortez and Lewis Jock

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,800
Interest Rate
7.07%

Purchase Details

Closed on
Jun 27, 1996
Sold by
Aquino Marwin P and Aquino Luis
Bought by
Countrywide Funding Corp

Purchase Details

Closed on
Jun 5, 1996
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Jul 6, 1995
Sold by
Aquino Luis
Bought by
Aquino Marwin P and Aquino Emily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000
Interest Rate
7.62%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Corral Alexandra Segura $335,000 Fidelity National Title
Glover Cortez -- None Available
Glover Cortez -- Fidelity National Title Co
Glover Cortez -- Investors Title
Glover Cortez -- Investors Title
Glover Cortez $52,500 American Coast Title
Countrywide Funding Corp $105,501 Landsafe Title
Hud -- Landsafe Title
Aquino Marwin P -- Mfi Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Corral Alexandra Segura $294,800
Previous Owner Glover Cortez $360,000
Previous Owner Glover Cortez $67,000
Previous Owner Glover Cortez $50,800
Previous Owner Aquino Marwin P $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2022 01/28/22 Sold $335,000 +1.5% $537 / Sq Ft
11/21/2021 11/21/21 For Sale $330,000 -- $529 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,614 $355,503 $218,714 $136,789
2024 $4,614 $348,533 $214,426 $134,107
2023 $4,528 $341,700 $210,222 $131,478
2022 $1,237 $78,216 $15,634 $62,582
2021 $1,207 $76,683 $15,328 $61,355
2019 $1,222 $74,410 $14,874 $59,536
2018 $1,150 $72,952 $14,583 $58,369
2016 $1,040 $70,121 $14,018 $56,103
2015 $990 $69,069 $13,808 $55,261
2014 $1,011 $67,717 $13,538 $54,179
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS21252468

California Regional Multiple Listing Service (CRMLS)

APN: 6268-006-070

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