NOT LISTED FOR SALE

15000 Downey Ave Unit 263 Paramount, CA 90723

Estimated Value: $338,000 - $382,000

1 Bed
1 Bath
632 Sq Ft
$353/mo HOA Fee

Last Sold September 18, 2024

Last sale price $370,000 $585 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $2,574/month

53 Days on Market

Highlights

  • In Ground Pool
  • 3.5 Acre Lot
  • Traditional Architecture
  • Gated Community
  • Open Floorplan
  • Built-In Features

About This Home

As of September 2024

Welcome to 15000 Downey Ave in Paramount! This move-in-ready condo is the perfect entry-level home within the Somerset Condo Complex, featuring a community pool and spa. The property includes 1 bedroom and 1 bathroom, complemented by recessed lighting, a washer & dryer, stove, microwave, dishwasher, crown molding, and central air and heating. Plus, glass sliding doors from the living room to a private balcony to soak in the SoCal sunshine. Enjoy 2 parking spaces for added convenience. Centrally situated, this condo provides easy access to schools, shopping, restaurants, transportation, and freeways.

Last Agent to Sell the Property

Melissa Urena

Real Broker License #01900591 Listed on: 06/20/2024

Real Broker

Last Buyer's Agent

JC Arceo

eXp Realty of Greater Los Angeles License #02174564

eXp Realty of Greater Los Angeles

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1991

Lot Details

  • 3.5

HOA Fees

  • $353 Monthly HOA Fees

Home Design

  • Traditional Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 632 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Recessed Lighting
  • Family Room
  • Dining Area
  • Laminate Flooring

Kitchen

  • Oven or Range
  • Microwave
  • Freezer
  • Dishwasher

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • 2 Covered Spaces
  • Covered Parking
  • Assigned Parking

Pool

  • In Ground Pool
  • Spa

Additional Features

  • Gated Home
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 6268-006-195

Community Details

Overview

  • 182 Units
  • Association Phone (562) 346-0439

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1991

Lot Details

0

HOA Fees

$353 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Traditional
  • Levels: Three Or More
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: Embrace the charm of 15000 Downey Ave in Paramount! This charming condo boasts 632SqFt of living space within the Somerset Condo Complex, featuring a community pool and spa. The property includes 1 bedroom and 1 bathroom, complemented by recessed lighting, a washer & dryer, stove, microwave, dishwasher, crown molding, and central air and heating. Notably, it offers 2 parking spaces for added convenience. Centrally situated, this condo provides easy access to schools, shopping, restaurants, transportation, and freeways.
  • Complex Name: Somerset Condo Complex
  • Entry Floor: 2
  • Living Area: 632
  • Lot Acreage: 3.5033
  • Planned Urban Dev: 0
  • Year Built: 1991
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Interior Amenities: Recessed Lighting, Built-Ins, Crown Moldings, Open Floor Plan
  • Flooring: Laminate
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area, In Kitchen
  • Laundry: In Kitchen
  • Total Bathrooms: 1.00
  • Equipment: Built-Ins, Dishwasher, Microwave, Dryer, Washer, Refrigerator, Freezer, Range/Oven
  • Inclusions: Stove, refrigerator, washer, and dryer
  • Price Per S Q F T: 601.27

Exterior Features

  • Pool Description: Community
  • Pool: Yes
  • Spa: Community
  • Spa Yn: Yes
  • View: No

Garage/Parking

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

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Gated

Association/Amenities

  • Amenities: Pool, Spa
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 353.00
  • Phone: 5623460439|
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 6268-006-195
  • Lot Description: Sidewalks, Storm Drains, Street Lighting, Gated Community
  • Lot Size Area: 152547

Rental Info

  • Land Lease Purchase Yn: No

Multi Family

  • Number Of Units: 182

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 20, 2024
Closed on
Aug 15, 2024
Sold by
Zamora Yvette
Bought by
Zhang Shawn
Seller's Agent
Melissa Urena
Real Broker
Buyer's Agent
JC Arceo
eXp Realty of Greater Los Angeles
List Price
$400,000
Sold Price
$370,000
Premium/Discount to List
-$30,000
-7.5%
Views
56
Current Estimated Value
$361,824

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$8,176
Avg. Annual Appreciation
-1.73%
Original Mortgage
$11,100
Outstanding Balance
$5,774
Interest Rate
6.47%
Mortgage Type
FHA
Estimated Equity
$356,050

Purchase Details

Closed on
May 15, 2019
Sold by
Parra Ltzel
Bought by
Zamora Yvette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,550
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 16, 2008
Sold by
Lasalle Bank Na
Bought by
Parra Itzel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,373
Interest Rate
6.41%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 14, 2008
Sold by
Smith Shannon
Bought by
Lasalle Bank Na and Mlmi Trust Series 2006-Wmc2

Purchase Details

Closed on
Dec 18, 2007
Sold by
First Capital Equities Llc
Bought by
Smith Shannon

Purchase Details

Closed on
Oct 10, 2007
Sold by
Smith Shannon
Bought by
First Capital Equites Llc

Purchase Details

Closed on
Aug 10, 2004
Sold by
Vu Cynthia N
Bought by
Smith Shannon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,750
Interest Rate
3.81%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2000
Sold by
Hud
Bought by
Vu Cynthia N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,500
Interest Rate
8.16%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 21, 1999
Sold by
Countrywide Home Loans Inc
Bought by
Hud

Purchase Details

Closed on
Jul 30, 1993
Sold by
Triangle Development
Bought by
Madero Xavier

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,550
Interest Rate
6.88%
Mortgage Type
FHA
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
Zhang Shawn $370,000 Monarch Title
Zamora Yvette $270,000 Fidelity National Title Co
Parra Itzel $170,000 Lsi Title Fnds Division
Lasalle Bank Na $145,643 None Available
Smith Shannon -- Chicago Title Company
First Capital Equites Llc -- Accommodation
Smith Shannon $185,000 First American Title
Vu Cynthia N $50,000 United Title
Hud -- Landsafe Title
Countrywide Home Loans Inc $111,601 Landsafe Title
Madero Xavier $111,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Shawn $11,100
Open Zhang Shawn $210,000
Previous Owner Zamora Yvette $260,550
Previous Owner Parra Itzel $167,373
Previous Owner Smith Shannon $175,750
Previous Owner Vu Cynthia N $48,500
Previous Owner Madero Xavier $107,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
09/18/2024 09/18/24 Sold $370,000 -2.6% $585 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
07/29/2024 07/29/24 Price Changed $380,000 -5.0% $601 / Sq Ft
06/20/2024 06/20/24 For Sale $400,000 +48.1% $633 / Sq Ft
07/15/2019 07/15/19 Sold $270,000 0.0% $427 / Sq Ft View Prior Sale
03/29/2019 03/29/19 For Sale $270,000 -- $427 / 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 $3,900 $370,000 $235,700 $134,300
2024 $3,900 $289,490 $176,804 $112,686
2023 $3,827 $283,815 $173,338 $110,477
2022 $3,724 $278,251 $169,940 $108,311
2021 $3,640 $272,796 $166,608 $106,188
2019 $863 $196,240 $97,542 $98,698
2018 $2,688 $192,393 $95,630 $96,763
2016 $2,261 $171,000 $85,200 $85,800
2015 $1,992 $155,000 $77,200 $77,800
2014 $1,831 $133,400 $66,400 $67,000
Source: Public Records

Agents Affiliated with this Home

  • Melissa Urena

    Seller's Agent in 2024

    Melissa Urena

    Real Broker

    (562) 287-4944

    4 in this area

    138 Total Sales

    Melissa Urena
    Section Image

  • J

    Buyer's Agent in 2024

    JC Arceo

    eXp Realty of Greater Los Angeles

    (310) 766-0377

    1 in this area

    2 Total Sales

    JC Arceo
    Section Image
  • Mario Zavala

    Seller's Agent in 2019

    Mario Zavala

    Century 21 Allstars

    (562) 205-3566

    27 Total Sales

    Mario Zavala
    Section Image
  • Ray Miramontes

    Buyer's Agent in 2019

    Ray Miramontes

    Circle Real Estate

    (562) 343-3099

    95 Total Sales

    Ray Miramontes
    Section Image
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Map

Source: The MLS

MLS Number: 24-406495

The MLS

APN: 6268-006-195

California Los Angeles County Paramount 90723

15000 Downey Ave Unit 263, Paramount, CA

Not Listed for Sale

Condos

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