NOT LISTED FOR SALE

15311 Minnesota Ave Paramount, CA 90723

Estimated Value: $1,018,000 - $1,193,000

6 Beds
4 Baths
2,398 Sq Ft
$468/Sq Ft Est. Value

Last Sold December 08, 2021

Last sale price $950,000 $396 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,790/month

14 Days on Market

Highlights

  • Laundry Room
  • Front Yard
  • 4-minute walk to Village Park

About This Home

As of December 2021

Great investment oportunity, two homes on a lot! Each features 3 bedrooms, 2 bathrooms and 1 car garage.

Last Agent to Sell the Property

Paulo Menezes

Addax Realty Co. License #01108766 Listed on: 10/15/2021

Last Buyer's Agent

Yehia Zakaria

Century 21 Jervis & Associates License #01943432

Century 21 Jervis & Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 7,501 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • 2,398 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Legal Lot and Block 2 / 24
  • Tax Tract Number 5538
  • Assessor Parcel Number 6240018002
  • $805 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,200
  • Trash Expense $480
  • Operating Expense $1,680
  • Gross Income $3,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: PAM2*
  • Property Type: Residential Income
  • Parcel Number: 6240018002
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 396.16

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 480.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 7501.00
  • Lot Size Acres: 0.1722

Multi Family

  • Gross Income: 3600.00
  • Gross Scheduled Income: 3600.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7501.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 1680.00
  • Rent Control: No
  • Total Expenses: 1680.00

Tax Info

  • Tax Block: 24
  • Tax Census Tract: 5538.01
  • Tax Lot: 2
  • Tax Tract Number: 5538
  • TaxOtherAnnualAssessmentAmount: 805.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 15, 2009
Sold by
Parreira Manuel F and Parreira Lucia M
Bought by
Parreira Manuel F and Parreira Lucia M
Current Estimated Value
$1,122,766

Purchase Details

Closed on
Feb 9, 2009
Sold by
Us Bank National Association
Bought by
Parreira Manuel F and Parreira Lucia M

Purchase Details

Closed on
Sep 25, 2008
Sold by
Orellana Mario
Bought by
Downey Sla Fa

Purchase Details

Closed on
Dec 27, 2006
Sold by
Orellana Mario R and Orellana Antonio J
Bought by
Orellana Mario A

Purchase Details

Closed on
Apr 10, 2006
Sold by
Orellana Yvette
Bought by
Orellana Mario R

Purchase Details

Closed on
Aug 19, 2004
Sold by
Dieguez Roger E
Bought by
Orellana Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2004
Sold by
Dieguez Roger E
Bought by
Dieguez Roger E and Orellana Mario

Purchase Details

Closed on
Dec 29, 2003
Sold by
Orellana Mario
Bought by
Dieguez Roger E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 17, 2003
Sold by
Orellana Hector G
Bought by
Orellana Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$305,000
Interest Rate
8.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 7, 2002
Sold by
Orellana Nora
Bought by
Orellana Hector G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,400
Interest Rate
8.5%

Purchase Details

Closed on
Mar 8, 2002
Sold by
Villasenor Julian and Villasenor Concepcion
Bought by
Orellana Hector G and Orellana Mario

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,400
Interest Rate
8.5%
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
Parreira Manuel F -- None Available
Parreira Manuel F $330,000 Lawyers Title
Downey Sla Fa $311,250 Landamerica
Orellana Mario A -- None Available
Orellana Mario R -- None Available
Orellana Mario A -- None Available
Orellana Mario -- Old Republic
Dieguez Roger E -- --
Dieguez Roger E $380,000 Gateway Title Company
Orellana Mario -- Fidelity National Title
Orellana Hector G -- --
Orellana Hector G $296,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Orellana Mario $392,000
Previous Owner Dieguez Roger E $304,000
Previous Owner Orellana Mario $305,000
Previous Owner Orellana Hector G $266,400
Closed Dieguez Roger E $76,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/08/2021 12/08/21 Sold $950,000 +3.0% $396 / Sq Ft
10/29/2021 10/29/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $922,000 -- $384 / Sq Ft
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 $11,099 $1,008,146 $636,724 $371,422
2024 $10,764 $988,380 $624,240 $364,140
2023 $10,630 $969,000 $612,000 $357,000
2022 $12,244 $950,000 $600,000 $350,000
2021 $5,512 $392,587 $267,676 $124,911
2020 $5,394 $388,563 $264,932 $123,631
2019 $5,642 $380,945 $259,738 $121,207
2018 $5,193 $373,477 $254,646 $118,831
2016 $4,660 $358,975 $244,758 $114,217
2015 $4,402 $353,584 $241,082 $112,502
2014 $4,512 $346,659 $236,360 $110,299
Source: Public Records

Agents Affiliated with this Home

  • Paulo Menezes

    Seller's Agent in 2021

    Paulo Menezes

    Addax Realty Co.

    (562) 865-9514

    2 in this area

    30 Total Sales

    Paulo Menezes
    Section Image
  • Yehia Zakaria

    Buyer's Agent in 2021

    Yehia Zakaria

    Century 21 Jervis & Associates

    (562) 244-3897

    3 in this area

    37 Total Sales

    Yehia Zakaria
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS21228817

California Regional Multiple Listing Service (CRMLS)

APN: 6240-018-002

California Los Angeles County Paramount 90723

15311 Minnesota Ave, Paramount, CA

Not Listed for Sale

MultiFamily

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