NOT LISTED FOR SALE

15000 Downey Ave Unit 255 Paramount, CA 90723

Estimated Value: $340,000 - $431,000

1 Bed
1 Bath
624 Sq Ft
$244/mo HOA Fee

Last Sold January 31, 2024

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

Est. 6% decrease in value since last sale

Current estimated payment $2,516/month

29 Days on Market

Highlights

  • In Ground Pool
  • 3.5 Acre Lot
  • Traditional Architecture
  • City Lights View
  • Clubhouse
  • Air Conditioning

About This Home

As of January 2024

Discover an exceptional opportunity to own a beautifully renovated 1-bedroom, 1-bathroom condo situated in the desirable Somerset Paramount gated community, right at the heart of Paramount. This unit, boasting 624 square feet of living space, underwent a remarkable transformation in 2020, featuring newly installed laminate flooring, updated kitchen cabinets, a stainless steel double sink, refrigerator, and opulent quartz countertops.Impeccably maintained by its current owner, this move-in-ready gem is an ideal choice, particularly for first-time buyers seeking a stylish yet comfortable living space. The unit also has in unit washer and dryer for added convenience and 2 dedicated covered parking spaces. Its strategic location provides easy access to parks, schools, shopping destinations, a variety of dining options, metro lines, and major freeways. Embrace the opportunity to live in comfort and style within Paramount's vibrant community.

Last Agent to Sell the Property

Brad Hansen

ENRG Realty, Inc License #02107751 Listed on: 11/14/2023

Co-Listed By

Sunny Narang

Real Brokerage Technologies Inc License #01966332

Last Buyer's Agent

Bryan Avila

First Team Real Estate License #02182470

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1991

Lot Details

  • 3.5

HOA Fees

  • $244 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 624 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Dining Room
  • Laminate Flooring
  • City Lights Views
  • Laundry closet

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Parking

  • 2 Covered Spaces
  • Covered Parking
  • Assigned Parking

Pool

  • In Ground Pool
  • Spa

Utilities

  • Air Conditioning
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 6268-006-187

Community Details

Overview

  • Association fees include building and grounds, clubhouse, maintenance paid, insurance, water and sewer paid, security
  • 182 Units
  • Maintained Community

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1991

Lot Details

0

HOA Fees

$244 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: Somerset Paramount
  • Entry Floor: 2
  • Living Area: 624
  • Lot Acreage: 3.5033
  • Planned Urban Dev: 0
  • Year Built: 1991
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Flooring: Laminate
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Closet Stacked
  • Total Bathrooms: 1.00
  • Equipment: Microwave, Dishwasher, Freezer, Refrigerator, Range/Oven
  • Price Per S Q F T: 623.40

Exterior Features

  • Pool Description: Association Pool, Community
  • Pool: Yes
  • Spa: Association Spa
  • Spa Yn: Yes
  • View: City Lights
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Covered Parking
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Smoke Detector

Association/Amenities

  • Amenities: Spa, Pool, Assoc Pet Rules, Assoc Maintains Landscape, Clubhouse, Controlled Access
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Building and Grounds, Clubhouse, Maintenance Paid, Insurance, Water and Sewer Paid, Security
  • HOA Fees: 244.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 6268-006-187
  • Lot Size Area: 152602

Multi Family

  • Number Of Units: 182

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 14, 2023
Closed on
Dec 18, 2023
Sold by
Tawfik Enas R
Bought by
Contreras Miguel Juan Alan
Seller's Agent
Brad Hansen
ENRG Realty, Inc
Buyer's Agent
Bryan Avila
First Team Real Estate
List Price
$389,000
Sold Price
$400,000
Premium/Discount to List
$11,000
2.83%
Views
123
Current Estimated Value
$374,769

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$25,231
Avg. Annual Appreciation
-3.32%
Original Mortgage
$14,000
Outstanding Balance
$5,403
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$369,366

Purchase Details

Listed on
Jan 20, 2020
Closed on
Feb 19, 2020
Sold by
Ortega Juan Carlos and Ortega Virginis Girardi
Bought by
Tawflk Enas R
Seller's Agent
John Torres
Excellence- The Real Estate Center
Buyer's Agent
Maher Halim
US Realty and Loans
List Price
$269,900
Sold Price
$260,000
Premium/Discount to List
-$9,900
-3.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.87%
Original Mortgage
$188,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 14, 2018
Sold by
Ortega Juan Carlos and Ortega Virginia Girardi
Bought by
Ortega Juan Carlos and Ortega Virginia Girardi

Purchase Details

Listed on
Sep 8, 2011
Closed on
Jan 9, 2012
Sold by
U S Bank National Association
Bought by
Ortega Juan Carlos and Ortega Virginia Girardi
Seller's Agent
John Torres
Excellence- The Real Estate Center
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$90,000
Sold Price
$80,000
Premium/Discount to List
-$10,000
-11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.74%
Original Mortgage
$60,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2011
Sold by
Streeck Autri K
Bought by
Bank Of America National Association

Purchase Details

Closed on
Apr 8, 2005
Sold by
Monegan Edgar A
Bought by
Streeck Autri K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
6.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 14, 1998
Sold by
Hawthorne Svgs Bank Fsb
Bought by
Monegan Edgar A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$54,075
Interest Rate
6.61%
Mortgage Type
VA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Contreras Miguel Juan Alan $400,000 Chicago Title
Tawflk Enas R $260,000 Pacific Coast Title Company
Ortega Juan Carlos -- None Available
Ortega Juan Carlos $80,000 Ticor Title
U S Bank National Association -- Ticor Title
Bank Of America National Association $94,000 None Available
Streeck Autri K $225,000 North American Title Co
Monegan Edgar A $52,500 American Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Contreras Miguel Juan Alan $14,000
Open Contreras Miguel Juan Alan $392,755
Previous Owner Tawflk Enas R $188,000
Previous Owner U S Bank National Association $60,000
Previous Owner Streeck Autri K $172,000
Previous Owner Monegan Edgar A $54,075
Closed Streeck Autri K $43,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/31/2024 01/31/24 Sold $400,000 +2.8% $641 / Sq Ft
12/13/2023 12/13/23 Pending -- -- --
11/14/2023 11/14/23 For Sale $389,000 +49.6% $623 / Sq Ft
03/30/2020 03/30/20 Sold $260,000 -3.7% $417 / Sq Ft View Prior Sale
02/12/2020 02/12/20 Pending -- -- --
01/20/2020 01/20/20 For Sale $269,900 +237.4% $433 / Sq Ft
02/09/2012 02/09/12 Sold $80,000 -5.9% $128 / Sq Ft View Prior Sale
12/13/2011 12/13/11 Pending -- -- --
10/19/2011 10/19/11 Price Changed $85,000 -5.6% $136 / Sq Ft
09/08/2011 09/08/11 For Sale $90,000 -- $144 / Sq Ft
Source: The MLS

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 $3,769 $408,000 $272,748 $135,252
2024 $3,769 $278,770 $167,691 $111,079
2023 $3,700 $273,304 $164,403 $108,901
2022 $3,599 $267,946 $161,180 $106,766
2021 $3,518 $262,693 $158,020 $104,673
2020 $1,454 $91,875 $18,373 $73,502
2019 $1,510 $90,074 $18,013 $72,061
2018 $1,422 $88,309 $17,660 $70,649
2016 $1,286 $84,881 $16,975 $67,906
2015 $1,222 $83,607 $16,721 $66,886
2014 $1,251 $81,970 $16,394 $65,576
Source: Public Records

Agents Affiliated with this Home

  • Brad Hansen

    Seller's Agent in 2024

    Brad Hansen

    ENRG Realty, Inc

    (714) 697-3315

    2 in this area

    84 Total Sales

    Brad Hansen
    Section Image

  • S

    Seller Co-Listing Agent in 2024

    Sunny Narang

    Real Brokerage Technologies Inc

    (805) 636-1024

    1 in this area

    59 Total Sales

    Sunny Narang
    Section Image

  • B

    Buyer's Agent in 2024

    Bryan Avila

    First Team Real Estate

  • John Torres

    Seller's Agent in 2020

    John Torres

    Excellence- The Real Estate Center

    (562) 862-7341

    6 Total Sales

    John Torres
    Section Image
  • Maher Halim

    Buyer's Agent in 2020

    Maher Halim

    US Realty and Loans

    (661) 317-0299

    27 Total Sales

    Maher Halim
    Section Image

  • N

    Buyer's Agent in 2012

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    9 in this area

    6,215 Total Sales

    NoEmail NoEmail
    Section Image
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Map

Source: The MLS

MLS Number: 23-332379

The MLS

APN: 6268-006-187

California Los Angeles County Paramount 90723

15000 Downey Ave Unit 255, Paramount, CA

Not Listed for Sale

Condos

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