NOT LISTED FOR SALE

15000 Downey Ave Unit 151 Paramount, CA 90723

Estimated Value: $344,000 - $454,000

1 Bed
1 Bath
632 Sq Ft
$293/mo HOA Fee

Last Sold July 17, 2023

Last sale price $400,000 $633 Per Sq Ft

Est. 3% decrease in value since last sale

Current estimated payment $2,740/month

11 Days on Market

Highlights

  • 24-Hour Security
  • Automatic Gate
  • 3.5 Acre Lot
  • In Ground Pool
  • Updated Kitchen
  • Quartz Countertops

About This Home

As of July 2023

Welcome home to this beautiful upgraded ground floor condo. The kitchen is immaculately designed with highly desirable white shaker style cabinets, quartz counter tops with stainless steel appliances. The open concept floor plan gives it a bright and spacious feel . Also as a bonus to the kitchen is a matching mini bar. This large one bedroom condo includes a custom designed walk in closet, a unique and one of a kind space. Enjoy the private patio for entertaining guests or the large pool on those summer days. This property has been completely upgraded in the last 3 years. The Association pays for the water/trash and provides security 24/7. All appliances are included even the washer/dryer. Don't' wait too long this one will go fast.....

Last Agent to Sell the Property

Socal Realty Services

Socal Realty Services License #01305558 Listed on: 06/01/2023

Last Buyer's Agent

Sam Najarian

Redfin Corporation License #01988623

Redfin Corporation

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1991 | Remodeled

Lot Details

  • 3.5

HOA Fees

  • $293 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Automatic Gate
  • Guest Parking
  • Parking Lot

Home Design

  • Entry on the 1st floor
  • Stucco

Interior Spaces

  • 632 Sq Ft Home
  • 3-Story Property
  • Recessed Lighting
  • Family Room Off Kitchen
  • Laminate Flooring

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Quartz Bathroom Countertops
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Stacked Washer and Dryer

Pool

  • In Ground Pool
  • Spa

Utilities

  • Central Heating and Cooling System
  • Natural Gas Not Available
  • Electric Water Heater

Additional Features

  • Patio
  • Two or More Common Walls

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 50432
  • Assessor Parcel Number 6268006107
  • $382 per year additional tax assessments

Community Details

Overview

  • Master Insurance
  • 182 Units
  • Somerset Paramount HOA, Phone Number (562) 531-1955
  • California Condo Management HOA
  • Maintained Community

Amenities

  • Banquet Facilities
  • Meeting Room
  • Community Storage Space

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed with Restrictions

Security

  • 24-Hour Security
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Year Built

Built in 1991 | Remodeled

Lot Details

0

HOA Fees

$293 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Stackable washer and dryer, stove, microwave, refrigerator, dishwasher
  • Property Attached: Yes
  • Security: 24 Hour Security, Automatic Gate, Gated Community, Gated with Guard
  • View: No
  • Zoning: PAM1
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6268006107
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 632.00 Square Feet
  • Interior Amenities: Quartz Counters, Recessed Lighting
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Area, Breakfast Counter / Bar
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 632.91
  • Room Type: All Bedrooms Down, Walk-In Closet
  • Spa Features: Association
  • Bathroom Features: Shower In Tub, Quartz Counters, Remodeled, Upgraded
  • Room Kitchen Features: Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio
  • Pool Features: Association, In Ground
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Gated, Guest, Parking Space, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Not Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Electric Cooktop, Electric Water Heater, Microwave
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Dryer Included, Electric Dryer Hookup, In Kitchen, Inside, Stackable, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Banquet Facilities, Meeting Room, Storage, Insurance, Maintenance Grounds, Trash, Water, Pet Rules, Pets Permitted, Management, Security
  • Association Fee: 293.46
  • Association Fee Frequency: Monthly
  • Association Name: Somerset Paramount HOA
  • Phone: (562)531-1955
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • 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: 182
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5535.02
  • Tax Lot: 1
  • Tax Tract Number: 50432
  • TaxOtherAnnualAssessmentAmount: 382.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 1, 2023
Closed on
Jul 6, 2023
Sold by
Orozco Tatiana
Bought by
Park Byungmin and Pak Soo Min
Seller's Agent
Socal Realty Services
Socal Realty Services
Buyer's Agent
Sam Najarian
Redfin Corporation
List Price
$399,900
Sold Price
$400,000
Premium/Discount to List
$100
0.03%
Views
99
Current Estimated Value
$387,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,784
Avg. Annual Appreciation
-1.28%
Original Mortgage
$320,000
Outstanding Balance
$312,050
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$75,166

Purchase Details

Listed on
Sep 24, 2018
Closed on
Oct 17, 2018
Sold by
Goettsch Bryan Matthew
Bought by
Mojica Catalina
Seller's Agent
Melinda Elmer
Century 21 Masters
Buyer's Agent
Jose Lopez
Century 21 Allstars
List Price
$230,000
Sold Price
$235,000
Premium/Discount to List
$5,000
2.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.01%
Original Mortgage
$188,000
Interest Rate
4.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 3, 2014
Closed on
Feb 11, 2014
Sold by
Martin Velma R
Bought by
Goettsch Bryan Matthew
Seller's Agent
David Guarino
First Team Real Estate
Buyer's Agent
Melinda Elmer
Century 21 Masters
List Price
$155,000
Sold Price
$145,000
Premium/Discount to List
-$10,000
-6.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.89%
Original Mortgage
$126,000
Interest Rate
4.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2010
Sold by
Hsbc Bank Usa National Association
Bought by
Martin Velma R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,600
Interest Rate
4.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2009
Sold by
Perez Martha
Bought by
Hsbc Bank Usa National Association

Purchase Details

Closed on
Jul 15, 2005
Sold by
Barragan Lisa
Bought by
Barragan Cesar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$44,600
Interest Rate
5.56%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Mar 30, 2005
Sold by
Barragan Cesar
Bought by
Perez Martha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,400
Interest Rate
6.3%
Mortgage Type
Balloon

Purchase Details

Closed on
Jan 6, 1999
Sold by
Barragan Lisa A
Bought by
Barragan Cesar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,400
Interest Rate
6.66%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 9, 1998
Sold by
Hud
Bought by
Barragan Cesar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,400
Interest Rate
6.66%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 6, 1998
Sold by
Mellon Mtg Company
Bought by
Hud

Purchase Details

Closed on
May 19, 1998
Sold by
Vaughn Chris E
Bought by
Mellon Mtg Company
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
Park Byungmin $400,000 Provident Title Company
Mojica Catalina $235,000 None Available
Goettsch Bryan Matthew $145,000 Western Resources Title Co
Martin Velma R $108,000 First American Title Company
Hsbc Bank Usa National Association $79,000 Accommodation
Barragan Cesar -- Fidelity National Title Co
Perez Martha $223,000 Fidelity National Title Co
Barragan Cesar -- Provident Title
Barragan Cesar $48,500 Provident Title
Hud -- First Southwestern Title Co
Mellon Mtg Company $111,834 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Park Byungmin $320,000
Previous Owner Mojica Catalina $188,000
Previous Owner Goettsch Bryan Matthew $126,000
Previous Owner Martin Velma R $102,600
Previous Owner Barragan Cesar $44,600
Previous Owner Perez Martha $178,400
Previous Owner Barragan Cesar $48,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/17/2023 07/17/23 Sold $400,000 0.0% $633 / Sq Ft
06/01/2023 06/01/23 For Sale $399,900 +8.7% $633 / Sq Ft
07/12/2021 07/12/21 Sold $368,000 +13.2% $582 / Sq Ft View Prior Sale
06/09/2021 06/09/21 Pending -- -- --
06/02/2021 06/02/21 For Sale $325,000 +38.3% $514 / Sq Ft
11/09/2018 11/09/18 Sold $235,000 +2.2% $372 / Sq Ft View Prior Sale
10/11/2018 10/11/18 Pending -- -- --
10/08/2018 10/08/18 For Sale $230,000 0.0% $364 / Sq Ft
10/06/2018 10/06/18 Pending -- -- --
10/05/2018 10/05/18 For Sale $230,000 0.0% $364 / Sq Ft
10/04/2018 10/04/18 Pending -- -- --
09/24/2018 09/24/18 For Sale $230,000 +58.6% $364 / Sq Ft
03/10/2014 03/10/14 Sold $145,000 -6.5% $229 / Sq Ft View Prior Sale
02/03/2014 02/03/14 For Sale $155,000 -- $245 / 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 $5,237 $408,000 $270,810 $137,190
2024 $5,237 $400,000 $265,500 $134,500
2023 $4,936 $375,360 $263,058 $112,302
2022 $4,801 $368,000 $257,900 $110,100
2021 $3,273 $242,182 $136,859 $105,323
2020 $3,200 $239,700 $135,456 $104,244
2019 $3,353 $235,000 $132,800 $102,200
2018 $2,163 $156,214 $58,175 $98,039
2016 $1,946 $150,150 $55,917 $94,233
2015 $1,840 $147,896 $55,078 $92,818
2014 $1,249 $88,800 $20,000 $68,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23091509

California Regional Multiple Listing Service (CRMLS)

APN: 6268-006-107