NOT LISTED FOR SALE

15000 Downey Ave Unit 240 Paramount, CA 90723

Estimated Value: $323,000 - $359,513

1 Bed
1 Bath
624 Sq Ft
3.5 Acre Lot

Sale Details

Date Sold: July 30, 2021

Last sale price $330,000 $529 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $2,478 / mo

10 Days on Market

Highlights

  • 24-Hour Security
  • 3.5 Acre Lot
  • Mountain View
  • In Ground Pool
  • Open Floorplan
  • Property is near public transit

About This Home

As of July 2021

Welcome home! Enjoy this naturally light filled 1 bedroom/ 1 bath condo in the wonderful gated community of Somerset Paramount. This unit, which overlooks a private courtyard, is in close proximity to the community pool & has a modern open-concept floor plan. Kitchen has been newly remodeled with new granite countertops, all new wood cabinetry, newer drop down light fixtures, built in dishwasher, stackable washer & dryer....plenty of cabinet & counter space for entertaining. Cook up a storm in the kitchen while entertaining guests sitting at the bar height counters. Unit freshly painted with modern tiled flooring throughout. Spacious bedroom & spacious closet with a courtyard view. Full bathroom with newer vanity & granite counter tops w plenty of cabinet space. 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 community has it all! 24-hour guard & gated community! Public transportation a plus as the community is close to several Metro Local Lines incl: 22, 266, 127 & 125. Conveniently located near the 105, 710 & 91 fwys. Nearby parks include Progress Park, Pequino Park and Paramount Park. This is your opportunity to stop paying high rent and instead, invest your hard earned dollars in real estate. What are you waiting for? :)

Last Agent to Sell the Property

Jennifer Avellan

Keller Williams SELA License #01468000 Listed on: 04/11/2021

Keller Williams SELA

Last Buyer's Agent

Paola Melendez

Century 21 Allstars License #01779654

Century 21 Allstars

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1991 | Remodeled

Lot Details

  • 3.5

HOA Fees

  • $245 Monthly HOA Fees

Parking

  • Subterranean Parking
  • Parking Available
  • Automatic Gate

Property Views

  • Mountain
  • Courtyard

Interior Spaces

  • 624 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Family Room Off Kitchen
  • Living Room
  • Tile Flooring

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

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

Laundry

  • Laundry in Kitchen
  • Stacked Washer and Dryer

Home Security

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Additional Features

  • Two or More Common Walls
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 50432
  • Assessor Parcel Number 6268006172

Community Details

Overview

  • 181 Units
  • Somerset Paramount Association, Phone Number (562) 531-1955
  • Donna Farley HOA

Recreation

  • Community Pool
  • Community Spa

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1991 | Remodeled

Lot Details

3.5 Acres

HOA Fees

$245 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: 24 Hour Security, Gated with Attendant, Automatic Gate, Gated Community, Gated with Guard, Resident Manager, Smoke Detector(s)
  • View: Yes
  • Zoning: PAM1
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6268006172
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 624.00 Square Feet
  • Interior Amenities: Granite Counters, Open Floorplan
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Tile
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Area, Family Kitchen
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 528.85
  • Room Type: Living Room
  • Spa Features: Association, Community, Heated, In Ground
  • Bathroom Features: Shower In Tub, Granite Counters
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • View: Courtyard, Mountain(s)
  • Pool Features: Association, Community, In Ground
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Subterranean
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Kitchen, Inside, Stackable
  • Sewer: Unknown
  • Water Source: Other
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 244.55
  • Association Fee Frequency: Monthly
  • Association Name: Somerset Paramount
  • Phone: 562.531.1955
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: Donna Farley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • 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: 181
  • Number Of Units Total: 181

Tax Info

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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 29, 2018
Closed on
Aug 23, 2018
Sold by
Bought by
Seller's Agent
Maria Palacios
Coldwell Banker Envision
Buyer's Agent
Maria Palacios
Coldwell Banker Envision
List Price
$220,000
Sold Price
$220,000
Current Estimated Value
$341,312

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$121,312
Avg. Annual Appreciation
5.51%

Purchase Details

Closed on
Oct 9, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 1998
Sold by
Bought by

Purchase Details

Closed on
Jan 29, 1998
Sold by
Bought by

Purchase Details

Closed on
Dec 6, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$220,000 Orange Coast Title Company
$125,000 Fidelity
$43,000 --
$121,258 Fidelity National Title Ins
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $125,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/30/2021 07/30/21 Sold $330,000 0.0% $529 / Sq Ft
05/01/2021 05/01/21 Off Market $330,000 -- --
05/01/2021 05/01/21 For Sale $299,800 -9.2% $480 / Sq Ft
04/23/2021 04/23/21 Off Market $330,000 -- --
04/11/2021 04/11/21 For Sale $299,800 +36.3% $480 / Sq Ft
08/30/2018 08/30/18 Sold $220,000 0.0% $353 / Sq Ft View Prior Sale
08/29/2018 08/29/18 For Sale $220,000 -- $353 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $4,685 $350,196 $235,056 $115,140
2024 $4,551 $343,331 $230,448 $112,883
2023 $4,466 $336,600 $225,930 $110,670
2022 $4,675 $330,000 $221,500 $108,500
2021 $3,087 $226,724 $122,946 $103,778
2020 $3,019 $224,400 $121,686 $102,714
2019 $3,162 $220,000 $119,300 $100,700
2018 $2,162 $156,182 $83,839 $72,343
2016 $1,945 $150,120 $80,585 $69,535
2015 $1,840 $147,866 $79,375 $68,491
2014 $1,747 $133,000 $71,300 $61,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21075010

California Regional Multiple Listing Service (CRMLS)

APN: 6268-006-172

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