NOT LISTED FOR SALE

15000 Downey Ave Unit 212 Paramount, CA 90723

Estimated Value: $322,000 - $364,148

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

Last Sold March 20, 2024

Last sale price $350,000 $561 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,319/month

3 Days on Market

Highlights

  • 24-Hour Security
  • Gated Parking
  • Community Pool
  • Active Adult
  • 3.5 Acre Lot
  • Open to Family Room

About This Home

As of March 2024

Welcome home to this 1bdrm 1bath 2nd floor condo situated in the desirable Somerset Paramount gated community, right at the heart of Paramount. This unit boasting 624 square feet of cozy living space has all appliance included even a stackable washer and dryer for added convenience. Includes 1 assigned parking space with plenty of guest parking. HOA amenities include pool, club house and plenty of BBQ grills throughout. The Association pays for the water/trash and provides security 24/7. It's strategic location provides easy access to parks, schools, shopping destinations, a variety of dining options, metro lines, and major freeways.
Don't miss out on a great starter home and opportunity to live in comfort and style within Paramount's vibrant community. This one will go fast.....

Last Agent to Sell the Property

Willie Henderson

Willie Gene Henderson Brokerage Email: willie@williehenderson.com License #01091997 Listed on: 02/05/2024

Last Buyer's Agent

Gloria Bradley

Vylla Home, Inc. License #01968856

Vylla Home, Inc.

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1991

Lot Details

  • 3.5

HOA Fees

  • $293 Monthly HOA Fees

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Parking Available
  • Gated Parking
  • Parking Lot
  • Assigned Parking

Home Design

  • Stucco

Interior Spaces

  • 624 Sq Ft Home
  • 3-Story Property
  • Family Room Off Kitchen
  • Living Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Breakfast Bar

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

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

Outdoor Features

  • Patio
  • Exterior Lighting

Additional Features

  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 50432
  • Assessor Parcel Number 6268006144
  • $382 per year additional tax assessments

Community Details

Overview

  • Active Adult
  • 183 Units
  • Somerset HOA, Phone Number (562) 531-1955
  • California Condo Management HOA

Recreation

  • Community Pool

Additional Features

  • Community Barbecue Grill
  • 24-Hour Security

Property Details

Home Type

Condominium

Year Built

Built in 1991

Lot Details

0

HOA Fees

$293 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Security: 24 Hour Security, Gated Community, Gated with Guard
  • View: No
  • Zoning: PAM1
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6268006144
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 624.00 Square Feet
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Area, Breakfast Counter / Bar
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 560.90
  • Room Type: Kitchen, Living Room, Primary Bedroom
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Pool Features: Association
  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Gated, Parking Space
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • 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, Barbecue, Sewer, Water, Guard
  • Association Fee: 293.46
  • Association Fee Frequency: Monthly
  • Association Name: SOMERSET HOA
  • Phone: 562-531-1955
  • Senior Community: Yes
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: CALIFORNIA CONDO MANAGEMENT

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 152602.00
  • Lot Size Acres: 3.5033

Multi Family

  • Lease Considered: No
  • Lot Size Area: 152602.0000 Square Feet
  • Number Of Units In Community: 183
  • Number Of Units Total: 183

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
Feb 5, 2024
Closed on
Mar 11, 2024
Sold by
Letitia R Smith Revocable Family Trust
Bought by
Coronado Laura Helen
Seller's Agent
Willie Henderson
Willie Gene Henderson
Buyer's Agent
Gloria Bradley
Vylla Home, Inc.
List Price
$325,000
Sold Price
$350,000
Premium/Discount to List
$25,000
7.69%
Views
39
Current Estimated Value
$343,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$6,213
Avg. Annual Appreciation
-0.96%
Original Mortgage
$100,000
Outstanding Balance
$97,958
Interest Rate
6.4%
Estimated Equity
$245,829

Purchase Details

Closed on
Sep 14, 2017
Sold by
Smith Letitia R
Bought by
The Letitia R Smith Revocable Family Tru
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Coronado Laura Helen $350,000 Equity Title Company
The Letitia R Smith Revocable Family Tru -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Coronado Laura Helen $100,000
Open Coronado Laura Helen $228,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2024 03/20/24 Sold $350,000 +7.7% $561 / Sq Ft
02/09/2024 02/09/24 Pending -- -- --
02/05/2024 02/05/24 For Sale $325,000 -- $521 / 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 $2,427 $357,000 $221,748 $135,252
2024 $2,427 $174,861 $29,044 $145,817
2023 $2,382 $171,433 $28,475 $142,958
2022 $2,316 $168,072 $27,917 $140,155
2021 $2,262 $164,777 $27,370 $137,407
2019 $2,308 $159,892 $26,559 $133,333
2018 $2,169 $156,758 $26,039 $130,719
2016 $1,952 $150,673 $25,029 $125,644
2015 $1,846 $148,411 $24,654 $123,757
2014 $1,747 $133,000 $22,100 $110,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24016745

California Regional Multiple Listing Service (CRMLS)

APN: 6268-006-144