NOT LISTED FOR SALE

16211 Downey Ave Unit 116 Paramount, CA 90723

Estimated Value: $448,000 - $520,615

2 Beds
2 Baths
1,082 Sq Ft
$375/mo HOA Fee

Last Sold January 26, 2016

Last sale price $235,000 $217 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $3,213/month

248 Days on Market

Highlights

  • In Ground Pool
  • All Bedrooms Downstairs
  • Landscaped
  • No Units Above
  • 7.57 Acre Lot
  • Central Heating and Cooling System

About This Home

As of January 2016

APPROVED SHORT SALE! INCREDIBLE OPPORTUNITY! HARD TO FIND LAKE TERRACE COMMUNITY CONDO. You will love this development with running streams, tennis courts and a community pool and spa this 2nd floor unit is just what you have been looking for! With convenient access to freeways, Downtown LA & Orange County, this is an ideal property! ***ATTENTION*** This property will not qualify for conventional, "traditional" FHA or VA. IT MUST BE CASH OR RENOVATION LOAN ONLY!!!

Last Agent to Sell the Property

Christopher Cervantez

eHomes License #01430875 Listed on: 10/01/2015

Last Buyer's Agent

Christopher Cervantez

eHomes License #01430875 Listed on: 10/01/2015

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1981

Lot Details

  • No Units Above
  • Two or More Common Walls
  • Landscaped

HOA Fees

  • $375 Monthly HOA Fees

Home Design

  • 1,082 Sq Ft Home
  • Entry on the 2nd floor

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • In Ground Spa

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 39226
  • Assessor Parcel Number 7103016125

Community Details

Overview

  • 126 Units

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Year Built

Built in 1981

Lot Details

0

HOA Fees

$375 per month

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7103016125
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1082.00
  • Common Walls: 2+ Common Walls, No One Above
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 2
  • Levels: One
  • Price Per Square Foot: 217.19
  • Room Type: All Bedrooms Down
  • Spa Features: In Ground, Private

Exterior Features

  • Pool Features: Association, Community, In Ground, Private
  • Pool Private: Yes
  • Spa: Yes

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 375.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Features: Landscaped
  • Lot Size Sq Ft: 329662.00
  • Price Per Lot Square Foot: 0.71
  • Lot Size Acres: 7.5680

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 126
  • Number Of Units Total: 126

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 39226

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2015
Sold by
Franco Albert
Bought by
Franco Rosa M
Current Estimated Value
$481,904

Purchase Details

Closed on
Nov 19, 2015
Sold by
Boutte Michael A
Bought by
Franco Rosa M

Purchase Details

Closed on
Jan 24, 1997
Sold by
Meyer Lowell H
Bought by
Boutte Michael A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,000
Interest Rate
7.85%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 12, 1996
Sold by
Prudential Home Mtg Company Inc
Bought by
Va

Purchase Details

Closed on
Feb 9, 1996
Sold by
Hogan John W and Prudential Home Mtg Company In
Bought by
Prudential Home Mtg Company Inc

Purchase Details

Closed on
May 12, 1992
Sold by
Clark Daniel
Bought by
Hogan John W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,300
Interest Rate
6.98%
Mortgage Type
Assumption
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Franco Rosa M -- Chicago Title
Franco Rosa M $235,000 Chicago Title
Boutte Michael A $110,000 United Independent Title Ins
Va -- Benefit Land Title Ins Co
Prudential Home Mtg Company Inc $100,366 Benefit Land Title Ins Co
Hogan John W -- South Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boutte Michael A $107,000
Previous Owner Hogan John W $142,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/26/2016 01/26/16 Sold $235,000 0.0% $217 / Sq Ft
11/08/2015 11/08/15 Pending -- -- --
10/01/2015 10/01/15 For Sale $235,000 0.0% $217 / Sq Ft
08/09/2015 08/09/15 Pending -- -- --
08/06/2015 08/06/15 For Sale $235,000 0.0% $217 / Sq Ft
08/06/2015 08/06/15 Price Changed $235,000 -6.0% $217 / Sq Ft
03/10/2015 03/10/15 Pending -- -- --
03/05/2015 03/05/15 For Sale $250,000 -- $231 / 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 $3,759 $278,185 $76,706 $201,479
2024 $3,759 $272,731 $75,202 $197,529
2023 $3,691 $267,384 $73,728 $193,656
2022 $3,592 $262,142 $72,283 $189,859
2021 $3,509 $257,003 $70,866 $186,137
2019 $3,594 $249,382 $68,765 $180,617
2018 $3,362 $244,493 $67,417 $177,076
2016 $2,072 $151,326 $30,259 $121,067
2015 $1,962 $149,054 $29,805 $119,249
2014 $2,009 $146,136 $29,222 $116,914
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV15047840

California Regional Multiple Listing Service (CRMLS)

APN: 7103-016-125

California Los Angeles County Paramount 90723

16211 Downey Ave Unit 116, Paramount, CA

Not Listed for Sale

Condos

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes