NOT LISTED FOR SALE

15928 Georgia Ave Paramount, CA 90723

Estimated Value: $932,000 - $1,226,000

5 Beds
3 Baths
2,715 Sq Ft
$388/Sq Ft Est. Value

Last Sold July 30, 2013

Last sale price $420,000 $155 Per Sq Ft

Est. 151% increase in value since last sale

Current estimated payment $6,162/month

About This Home

As of July 2013

Two units in a great area of Paramount. Front unit features 3 bedrooms 2 bathrooms, family room with fireplace, large family kitchen, inside laundry, long driveway and , and individual back yard. Back unit features 1 bedroom 1 bathroom, and carport

Last Agent to Sell the Property

Maria Angel

National Homes & Investments License #00636194 Listed on: 07/15/2013

Last Buyer's Agent

Maria Angel

National Homes & Investments License #00636194 Listed on: 07/15/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 7,500 Sq Ft Lot
  • 1 Common Wall

Parking

  • 3 Parking Spaces

Home Design

  • 2,715 Sq Ft Home
  • Property Attached
  • Common Roof

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Central Heating

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 5539
  • Assessor Parcel Number 7103003007

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $380
  • Insurance Expense $820
  • Trash Expense $250
  • Water Sewer Expense $360
  • New Taxes Expense $4,987
  • Gross Income $2,500
  • Net Operating Income $5,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Maintained
  • Water Sewer Expenses: 360.00
  • Property Type: Residential Income
  • Parcel Number: 7103003007
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 154.70

Exterior Features

  • Pool Private: No
  • Roof: Common Roof

Garage/Parking

  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Central
  • Trash Expense: 250.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1720

Multi Family

  • Electric Expense: 380.00
  • Gross Income: 2500.00
  • Gross Scheduled Income: 30000.00
  • Insurance Expense: 820.00
  • Lot Size Area: 7500.0000 Square Feet
  • Net Operating Income: 5000.00
  • 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: 25000.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4987.00
  • Tax Lot: 3
  • Tax Tract Number: 5539
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 24, 2017
Sold by
Mercado Enrique
Bought by
Mercado Enrique and Enrique Mercado Living Trust
Current Estimated Value
$1,053,522

Purchase Details

Listed on
Jul 15, 2013
Closed on
Jun 28, 2013
Sold by
Tidwell Patricia A and The Derril W Tidwell & Patrici
Bought by
Mercado Enrique
Seller's Agent
Maria Angel
National Homes & Investments
Buyer's Agent
Maria Angel
National Homes & Investments
List Price
$399,000
Sold Price
$420,000
Premium/Discount to List
$21,000
5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.67%
Original Mortgage
$315,000
Outstanding Balance
$229,631
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$823,891

Purchase Details

Closed on
Oct 14, 2011
Sold by
Tidwell Derril W and Tidwell Patricia A
Bought by
Tidwell Derril W and Tidwell Patricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,000
Interest Rate
4.05%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 1, 2005
Sold by
Tidwell Derril W and Tidwell Patricia
Bought by
Tidwell Derril W and Tidwell Patricia A

Purchase Details

Closed on
Apr 16, 2002
Sold by
Tidwell Derril W and Tidwell Patricia Anne
Bought by
Tidwell Derril W and Tidwell Patricia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,950
Interest Rate
7.13%
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
Mercado Enrique -- None Available
Mercado Enrique $420,000 Lawyers Title Company
Tidwell Derril W -- Accommodation
Tidwell Derril W -- First American Title Company
Tidwell Derril W -- --
Tidwell Derril W -- Landsafe Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mercado Enrique $315,000
Previous Owner Tidwell Derril W $262,000
Previous Owner Tidwell Derril W $168,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/30/2013 07/30/13 Sold $420,000 +5.3% $155 / Sq Ft
07/15/2013 07/15/13 Pending -- -- --
07/15/2013 07/15/13 For Sale $399,000 -- $147 / 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 $7,899 $596,764 $283,169 $313,595
2024 $7,899 $585,064 $277,617 $307,447
2023 $7,756 $573,593 $272,174 $301,419
2022 $7,551 $562,347 $266,838 $295,509
2021 $7,371 $551,321 $261,606 $289,715
2020 $7,207 $545,669 $258,924 $286,745
2019 $6,737 $472,471 $253,848 $218,623
2018 $6,220 $463,208 $248,871 $214,337
2016 $5,574 $445,223 $239,208 $206,015
2015 $5,149 $428,391 $235,615 $192,776
2014 $5,356 $420,000 $231,000 $189,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS13138558

California Regional Multiple Listing Service (CRMLS)

APN: 7103-003-007