NOT LISTED FOR SALE

15000 Downey Ave Unit 257 Paramount, CA 90723

Estimated Value: $422,000 - $511,000

2 Beds
2 Baths
928 Sq Ft
$274/mo HOA Fee

Last Sold October 14, 2020

Last sale price $350,000 $377 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,091/month

29 Days on Market

Highlights

  • Guarded Parking
  • Updated Kitchen
  • Cathedral Ceiling
  • Auto Driveway Gate
  • 3.5 Acre Lot
  • Main Floor Primary Bedroom

About This Home

As of October 2020

Nicely upgraded end unit, located in quiet area with north and east facing exposure. Gated & secured community with 24 hour guard on duty. Association is very well maintained with grassy areas, clubhouse with meeting room, pool, spa and BBQ units throughout the complex. Home includes custom trim decor and lighting, remodeled kitchen featuring a breakfast bar, custom counter tops, quality cabinets, stainless steel appliances including recently upgraded stove/oven, newer refrigerator and stackable washer and dryer. Large dramatic vaulted angular windows accentuate the main living area. Custom laminate wood flooring throughout and newer paint. Very nice living arrangement with separated spaces for the two bedrooms. Popular community centrally located to shopping, restaurants, elementary and high schools within walking distance and transportation with several freeways close by. HOA covers water, trash, blanket fire insurance, exterior maintenance, guard, pool, spa and other common areas.

Last Agent to Sell the Property

Ben Corbett

Sharp Homes License #01221540 Listed on: 08/12/2020

Last Buyer's Agent

Diana Gonzalez

Rodeo Realty, Inc. License #01986076

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1991

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $274 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Side Facing Garage
  • Shared Driveway
  • Auto Driveway Gate
  • Guest Parking
  • Parking Lot
  • Guarded Parking
  • Community Parking Structure

Home Design

  • Concrete Roof
  • Cement Siding

Interior Spaces

  • 928 Sq Ft Home
  • Cathedral Ceiling
  • Living Room
  • Laminate Flooring

Kitchen

  • Updated Kitchen
  • Breakfast Bar
  • Electric Oven
  • Electric Range
  • Free-Standing Range
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Stone Bathroom Countertops
  • Bathtub

Laundry

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

Location

  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System
  • Central Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 50432
  • Assessor Parcel Number 6268006189

Community Details

Overview

  • 181 Units
  • Somerset Paramount Association, Phone Number (888) 991-1500
  • Coast Management HOA
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Meeting Room

Recreation

  • Community Pool
  • Community Spa

Security

  • Security Guard

Property Details

Home Type

Condominium

Year Built

Built in 1991

Lot Details

0

HOA Fees

$274 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Subdivision Name Other: Somerset Paramount
  • View: No
  • Zoning: PAM1
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6268006189
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 928.00 Square Feet
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 377.16
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom
  • Bathroom Features: Bathtub, Remodeled, Stone Counters
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Pool Features: Association
  • Pool Private: No
  • Roof: Concrete
  • Construction Materials: Cement Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Auto Driveway Gate, Community Structure, Covered, Direct Garage Access, Driveway, Concrete, Garage Faces Side, Gated, Guarded, Guest, Parking Space, Shared Driveway, Subterranean
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range, Free-Standing Range, Disposal, Water Heater Central
  • Heating Type: Central
  • Laundry Features: In Kitchen, Inside, Stackable
  • Sewer: Public Sewer
  • Water Source: Other, Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Barbecue, Meeting Room, Maintenance Grounds, Trash, Water, Guard, Security, Hot Water
  • Association Fee: 274.00
  • Association Fee Frequency: Monthly
  • Association Name: Somerset paramount
  • Phone: 18889911500
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Urban
  • Association Management: Coast Management

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • 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

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 12, 2020
Closed on
Sep 10, 2020
Sold by
Parrel Mark and Parrel Vivian
Bought by
Gaxiola Gabriela Jovana
Seller's Agent
Ben Corbett
Sharp Homes
Buyer's Agent
Diana Gonzalez
Rodeo Realty, Inc.
List Price
$339,000
Sold Price
$350,000
Premium/Discount to List
$11,000
3.24%
Current Estimated Value
$459,512

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$109,512
Avg. Annual Appreciation
5.36%
Original Mortgage
$315,000
Outstanding Balance
$279,542
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$179,970

Purchase Details

Closed on
Mar 18, 2008
Sold by
Afana Edward
Bought by
Parrel Mark and Parrel Vivian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 25, 2003
Sold by
Afana Edward
Bought by
Afana Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 5, 1999
Sold by
Afana Vivian
Bought by
Afana Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
6.73%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 11, 1998
Sold by
Ocwen Federal Bank Fsb
Bought by
Afana Edward and Afana Edward

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,000
Interest Rate
6.73%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 23, 1998
Sold by
Smith Felicia
Bought by
Ocwen Federal Bank Fsb

Purchase Details

Closed on
Dec 2, 1993
Sold by
Triangle Development
Bought by
Smith Felicia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
7.24%
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
Gaxiola Gabriela Jovana $350,000 Progressive Title Company
Parrel Mark $250,000 Multiple
Afana Edward -- Gateway Title Company
Afana Edward -- Chicago Title Co
Afana Edward $76,000 Chicago Title Co
Ocwen Federal Bank Fsb $54,012 Chicago Title Co
Smith Felicia $135,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gaxiola Gabriela Jovana $315,000
Previous Owner Parrel Mark $200,000
Previous Owner Afana Edward $110,000
Previous Owner Afana Edward $69,000
Previous Owner Smith Felicia $130,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/14/2020 10/14/20 Sold $350,000 +3.2% $377 / Sq Ft
09/10/2020 09/10/20 Pending -- -- --
09/01/2020 09/01/20 For Sale $339,000 -3.1% $365 / Sq Ft
08/17/2020 08/17/20 Off Market $350,000 -- --
08/15/2020 08/15/20 Pending -- -- --
08/12/2020 08/12/20 For Sale $339,000 0.0% $365 / Sq Ft
04/28/2015 04/28/15 Rented $1,500 0.0% --
03/29/2015 03/29/15 Under Contract -- -- --
03/10/2015 03/10/15 For Rent $1,500 0.0% --
04/01/2014 04/01/14 Rented $1,500 +3.4% --
04/01/2014 04/01/14 For Rent $1,450 -- --
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 $4,911 $378,847 $231,638 $147,209
2024 $4,911 $371,420 $227,097 $144,323
2023 $4,820 $364,139 $222,645 $141,494
2022 $4,689 $357,000 $218,280 $138,720
2021 $4,582 $350,000 $214,000 $136,000
2019 $4,031 $294,000 $95,400 $198,600
2018 $3,272 $246,000 $79,800 $166,200
2016 $2,614 $208,000 $67,500 $140,500
2015 $2,199 $180,000 $58,400 $121,600
2014 $1,817 $138,000 $44,800 $93,200
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2020

    Ben Corbett

    Sharp Homes

    (714) 374-3181

    Ben Corbett
    Section Image

  • D

    Buyer's Agent in 2020

    Diana Gonzalez

    Rodeo Realty, Inc.

  • N

    Buyer Co-Listing Agent in 2020

    Neema Bardi

    Atllas, Inc.

    (310) 953-1240

    1 Total Sale

    Neema Bardi
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20162767

California Regional Multiple Listing Service (CRMLS)

APN: 6268-006-189

California Los Angeles County Paramount 90723

15000 Downey Ave Unit 257, Paramount, CA

Not Listed for Sale

Condos

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