NOT LISTED FOR SALE

15000 Downey Ave Unit 165 Paramount, CA 90723

Estimated Value: $377,000 - $441,000

1 Bed
1 Bath
665 Sq Ft
$265/mo HOA Fee

Last Sold June 28, 2022

Last sale price $380,000 $571 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $2,898/month

56 Days on Market

Highlights

  • 24-Hour Security
  • 3.5 Acre Lot
  • Contemporary Architecture
  • In Ground Pool
  • Open Floorplan
  • Main Floor Bedroom

About This Home

As of June 2022

Don’t miss out on this well-maintained condo located in the guard-gated Somerset Paramount community! This ground level end-unit condo is located next to the pool area and features 1 bedroom and 1 bathroom with an open floorplan. Recent renovations include fresh interior paint throughout, new hardware, new blinds in the bedroom, new fixtures in the kitchen, reglazed tub & new exhaust fan. Your kitchen is fully equipped with stove & oven with vent hood, dishwasher, double sink, and a stacked washer & dryer that will stay. The spacious bedroom is a corner location with laminate+ flooring, two large windows to let in plenty of light plus a walk-in closet! The bathroom offers a full sized tub with shower and plenty of storage. There is additional secure storage space off your private patio area with access from the living room sliding door. This unit also comes with 2 assigned parking spaces located in the subterranean garage (spots 280 and 281). Community amenities include secure gated entry, sparkling pool, jacuzzi, picnic area, mailbox and beautifully maintained landscaping. Conveniently located to parks, schools, shopping, restaurants and easy access to 710, 105, 605 and 91 freeways. This is a great opportunity, don’t wait to make this condo yours!

Last Agent to Sell the Property

Gretta Sheffer Minnema

Re/Max College Park Realty License #00981062 Listed on: 04/08/2022

Re/Max College Park Realty

Last Buyer's Agent

Reina Sandoval

COMPASS License #02043223

COMPASS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,183

Year Built

  • Built in 1991

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $265 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • Contemporary Architecture
  • Turnkey
  • Stucco

Interior Spaces

  • 665 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Ceiling Fan
  • Living Room
  • Formal Dining Room
  • Storage

Kitchen

  • Electric Oven
  • Electric Range
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Slab Porch or Patio
  • Exterior Lighting

Utilities

  • Cooling Available
  • Heating Available

Additional Features

  • No Interior Steps
  • Suburban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 50432
  • Assessor Parcel Number 6268006121

Community Details

Overview

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

Amenities

  • Outdoor Cooking Area
  • Picnic Area

Recreation

  • Community Pool
  • Community Spa

Security

  • 24-Hour Security
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,183

Year Built

Built in 1991

Lot Details

0

HOA Fees

$265 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Security: 24 Hour Security, Gated with Attendant, Gated Community, Gated with Guard, Guarded
  • View: No
  • Zoning: PAM1
  • Architectural Style: Contemporary
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6268006121
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 665.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Open Floorplan, Storage, Unfurnished
  • Stories: 1
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Laminate, Tile
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Separated
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 571.43
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Bedroom, Walk-In Closet
  • Spa Features: Association, Community, Heated, In Ground
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Exhaust Fan(s), Linen Closet/Storage

Exterior Features

  • Patio: Yes
  • Exterior Features: Lighting
  • Patio And Porch Features: Concrete, Patio, Slab
  • Pool Features: Association, Community, In Ground
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Range Hood
  • Heating Type: Electric
  • Laundry Features: Dryer Included, Inside, Stackable, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Outdoor Cooking Area, Picnic Area, Maintenance Grounds, Trash, Guard, Security, Controlled Access
  • Association Fee: 265.00
  • Association Fee Frequency: Monthly
  • Association Name: Somerset Paramount
  • Phone: 562-531-1955
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights, Suburban
  • Association Management: California Condo Management

Schools

  • School District: Paramount Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 152564.00
  • Lot Size Acres: 3.5024
  • Latitude Manual: 33.89712300

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 8, 2022
Closed on
Jun 9, 2022
Sold by
Michele Christopher
Bought by
Solis Cesar
Seller's Agent
Gretta Sheffer Minnema
Re/Max College Park Realty
Buyer's Agent
Reina Sandoval
COMPASS
List Price
$370,000
Sold Price
$380,000
Premium/Discount to List
$10,000
2.7%
Current Estimated Value
$404,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$24,072
Avg. Annual Appreciation
2.17%
Original Mortgage
$314,500
Outstanding Balance
$300,169
Interest Rate
5.3%
Mortgage Type
Balloon
Estimated Equity
$106,384

Purchase Details

Closed on
Feb 27, 2017
Sold by
Christopher Michele and Caroline Mandel Revocable Trus
Bought by
Christopher Michele and Christopher Stephanie

Purchase Details

Closed on
Sep 11, 2004
Sold by
Mandel Caroline
Bought by
Mandel Caroline and The Caroline Mandel Revocable
Source: Public Records

Range of Values:

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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
Solis Cesar $380,000 Fidelity National Title
Christopher Michele -- None Available
Mandel Caroline -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Solis Cesar $314,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/28/2022 06/28/22 Sold $380,000 +2.7% $571 / Sq Ft
06/03/2022 06/03/22 Pending -- -- --
05/25/2022 05/25/22 Price Changed $370,000 0.0% $556 / Sq Ft
05/25/2022 05/25/22 For Sale $370,000 -2.6% $556 / Sq Ft
04/14/2022 04/14/22 Off Market $380,000 -- --
04/08/2022 04/08/22 For Sale $360,000 -- $541 / 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 $5,183 $403,257 $270,394 $132,863
2024 $5,183 $395,351 $265,093 $130,258
2023 $5,086 $387,600 $259,896 $127,704
2022 $2,248 $155,157 $43,273 $111,884
2021 $2,196 $152,116 $42,425 $109,691
2019 $2,874 $197,159 $46,326 $150,833
2018 $2,701 $193,294 $45,418 $147,876
2016 $770 $46,133 $29,177 $16,956
2015 $737 $45,441 $28,739 $16,702
2014 $751 $44,552 $28,177 $16,375
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS22071329

California Regional Multiple Listing Service (CRMLS)

APN: 6268-006-121