NOT LISTED FOR SALE

15000 Downey Ave Unit 248 Paramount, CA 90723

Estimated Value: $361,000 - $402,000

1 Bed
1 Bath
624 Sq Ft
$352/ mo HOA Fee

Last Sold May 03, 2024

Last sale price $400,000 $641 Per Sq Ft

Est. 6% decrease in value since last sale

Current estimated payment $2,379/month

7 Days on Market

Highlights

  • Spa
  • 3.5 Acre Lot
  • Neighborhood Views
  • Gated Community
  • Quartz Countertops
  • Eat-In Kitchen

About This Home

As of May 2024

Nestled in the heart of Paramount, this charming 1-bedroom, 1-bathroom condo offers a cozy and modern living space! As you step inside, you're greeted by updated countertops in the kitchen, adding a touch of elegance to the kitchen space. The interior has been freshly painted, creating a bright and inviting atmosphere throughout. The vaulted ceiling in the living room adds to the sense of spaciousness and airiness, enhancing the overall ambiance of the home. Central air and heat ensures year-round comfort, while new flooring in the living room, bedroom, and kitchen adds to the fresh and contemporary feel of the condo. With a nice street view, this property offers both convenience and charm, providing the perfect place to call home in Paramount. Within the complex grounds, you have a beautifully maintained pool and jacuzzi, along with assigned subterranean parking and plenty of guest parking. Schedule your personal showing appointment today!

Last Agent to Sell the Property

Ray Duran

WEDGEWOOD HOMES REALTY Brokerage Phone: 323-401-7042 License #01947484 Listed on: 03/29/2024

WEDGEWOOD HOMES REALTY

Last Buyer's Agent

Daniela Rodriguez-Torres

Circle Real Estate License #02117091

Circle Real Estate

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1991 | Remodeled

Lot Details

  • 3.5

HOA Fees

  • $352 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Guest Parking
  • Assigned Parking

Home Design

  • Entry on the 2nd floor
  • Turnkey

Interior Spaces

  • 624 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Laminate Flooring
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Quartz Countertops

Bedrooms and Bathrooms

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

Outdoor Features

  • Spa
  • Patio

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 6268006180
  • $391 per year additional tax assessments

Community Details

Overview

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

Recreation

  • Community Pool
  • Community Spa

Additional Features

  • Community Barbecue Grill
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1991 | Remodeled

Lot Details

3.5 Acres

HOA Fees

$352 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated Community
  • View: Yes
  • Zoning: PAM1
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6268006180
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 624.00 Square Feet
  • Interior Amenities: Quartz Counters
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: No
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Area
  • Entry Level: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 641.03
  • Room Type: Kitchen, Living Room
  • Spa Features: Association
  • Bathroom Features: Bathtub, Shower In Tub

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Guest
  • Total Parking Spaces: 1.00

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Trash, Sewer, Water
  • Association Fee: 352.15
  • 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: 152602.00
  • Lot Size Acres: 3.5033

Multi Family

  • Lease Considered: No
  • Lot Size Area: 152602.0000 Square Feet
  • Number Of Units In Community: 182
  • Number Of Units Total: 182

Tax Info

  • Tax Census Tract: 5535.02
  • Tax Lot: 1
  • Tax Tract Number: 50432
  • TaxOtherAnnualAssessmentAmount: 391.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2024
Closed on
Apr 26, 2024
Sold by
Breckenridge Property Fund 201
Bought by
Leverett Quion La Tray
Seller's Agent
Ray Duran
WEDGEWOOD HOMES REALTY
Buyer's Agent
Daniela Rodriguez-Torres
Circle Real Estate
List Price
$375,000
Sold Price
$400,000
Premium/Discount to List
$25,000
6.67%
Views
166
Current Estimated Value
$374,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,167
Avg. Annual Appreciation
-3.57%
Original Mortgage
$325,000
Outstanding Balance
$319,531
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$55,302

Purchase Details

Listed on
Mar 29, 2024
Closed on
Apr 17, 2024
Sold by
Breckenridge Property Fund 201
Bought by
Leverett Quion La Tray
Seller's Agent
Ray Duran
WEDGEWOOD HOMES REALTY
Buyer's Agent
Daniela Rodriguez-Torres
Circle Real Estate
List Price
$375,000
Sold Price
$400,000
Premium/Discount to List
$25,000
6.67%
Views
166

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Outstanding Balance
$319,531
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$55,302

Purchase Details

Closed on
Feb 1, 2024
Sold by
Clear Recon Corporation
Bought by
Breckenridge Property Fund 201

Purchase Details

Closed on
Nov 28, 2007
Sold by
Feng Rong Yu and Li Yi Qing
Bought by
Feng Rong Yu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,500
Interest Rate
4.55%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Mar 4, 2004
Sold by
Feng Rong Yu and Chang William Wei Li
Bought by
Feng Rong Yu and Li Yi Qing

Purchase Details

Closed on
Jul 18, 2001
Sold by
Feng Rong Yu
Bought by
Feng Rong Yu and Chang William Wei Li

Purchase Details

Closed on
Mar 5, 1999
Sold by
Ma Jeff Cheng Lin and Hsu Margaret
Bought by
Feng Rong Yu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,000
Interest Rate
6.76%

Purchase Details

Closed on
Aug 4, 1997
Sold by
Mdt Development Inc
Bought by
Hsu Margaret

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Interest Rate
10.99%

Purchase Details

Closed on
Jul 23, 1997
Sold by
Chu Chen Hua
Bought by
Mdt Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Interest Rate
10.99%

Purchase Details

Closed on
Jun 11, 1997
Sold by
Hud
Bought by
Chu Chen Hua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$31,500
Interest Rate
10.99%

Purchase Details

Closed on
Jul 3, 1996
Sold by
Prudential Home Mtg Company Inc
Bought by
Hud

Purchase Details

Closed on
Jun 6, 1996
Sold by
Reynolds Crystal S and The Prudential Home Mtg Compan
Bought by
The Prudential Home Mtg Company Inc

Purchase Details

Closed on
Jul 20, 1994
Sold by
Triangle Development
Bought by
Reynolds Crystal S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,000
Interest Rate
8.65%
Mortgage Type
FHA
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

Date Buyer Sale Price Title Company
Leverett Quion La Tray $400,000 Greenhedge Escrow
Leverett Quion La Tray $400,000 Greenhedge Escrow
Breckenridge Property Fund 201 $291,000 None Listed On Document
Feng Rong Yu -- Lenders Choice Title Company
Feng Rong Yu -- --
Feng Rong Yu -- --
Feng Rong Yu $45,000 Chicago Title Co
Hsu Margaret $45,000 California Counties Title Co
Mdt Development Inc $37,500 California Counties Title Co
Chu Chen Hua $36,500 California Counties Title Co
Hud -- Chicago Title Insurance Co
The Prudential Home Mtg Company Inc $111,095 Chicago Title Co
Reynolds Crystal S $104,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leverett Quion La Tray $325,000
Closed Leverett Quion La Tray $325,000
Previous Owner Feng Rong Yu $352,500
Previous Owner Feng Rong Yu $36,000
Previous Owner Hsu Margaret $31,500
Previous Owner Reynolds Crystal S $99,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/03/2024 05/03/24 Sold $400,000 +6.7% $641 / Sq Ft
04/05/2024 04/05/24 Pending -- -- --
03/29/2024 03/29/24 For Sale $375,000 -- $601 / 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 $1,148 $408,000 $272,748 $135,252
2024 $1,148 $69,135 $13,817 $55,318
2023 $1,127 $67,781 $13,547 $54,234
2022 $1,146 $66,453 $13,282 $53,171
2021 $1,069 $65,151 $13,022 $52,129
2019 $1,079 $63,221 $12,637 $50,584
2018 $1,016 $61,983 $12,390 $49,593
2016 $920 $59,578 $11,910 $47,668
2015 $878 $58,684 $11,732 $46,952
2014 $896 $57,536 $11,503 $46,033
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: MB24061087

California Regional Multiple Listing Service (CRMLS)

APN: 6268-006-180

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