h
Landlord's Agent in 2023
hamid Hashemian
Seven Skies R.E. Investment
(949) 394-4185
7 Total Sales
16211 Downey Ave Unit 118 Paramount, CA 90723
Estimated Value: $417,995 - $433,000
1
Bed
1
Bath
750
Sq Ft
7.57
Acres
Highlights
- Spa
- 7.57 Acre Lot
- Two Way Fireplace
- Gated Community
- Open Floorplan
- Pool View
About This Home
As of October 2023Beautiful One bedroom condo in Resort Like Gated Community of Lake Terrance in City of Paramount. Enjoy the peaceful sound of running streams all around the complex. This is a large Top Floor condo with view of pool and running water. Kitchen with plenty of cabinetry , granite counter tops, and breakfast nook , is open to Living room with high ceiling , abundant natural light and cozy double sided fireplace . Place to sit and relax during cold winter nights. Direct access to one balcony from living and also from master bedroom. Enjoy the view of trees , pool and stream from these balconies and have fun with your family and friends . Owner spent thousands of dollars to upgrade the bathroom; Jacuzzi Tub , glass shower door , decorative tiles and many more. Washer dryer is in the condo. There is two assigned parking for this unit which one of them is covered. Sales price includes all appliances and furniture . Community Pool , jacuzzi , tennis court is part of HOA facilities. Do not miss this opportunity to live in this beautiful property and peaceful area. Property is also for sale for $499,900
Last Agent to Rent the Property
Seven Skies R.E. Investment License #01015955 Listed on: 09/28/2023
Last Renter's Agent
Seven Skies R.E. Investment License #01015955 Listed on: 09/28/2023
Condo Details
Home Type
- Condominium
Est. Annual Taxes
- $3,973
Year Built
- Built in 1981
Lot Details
- 1 Common Wall
- Density is up to 1 Unit/Acre
Home Design
- Turnkey
- Fire Rated Drywall
Interior Spaces
- 750 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Furnished
- Two Way Fireplace
- Living Room with Fireplace
- Living Room Balcony
- Combination Dining and Living Room
- Carpet
- Pool Views
Kitchen
- Breakfast Area or Nook
- Free-Standing Range
- Microwave
- Dishwasher
- Granite Countertops
- Disposal
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- All Upper Level Bedrooms
- Remodeled Bathroom
- 1 Full Bathroom
- Makeup or Vanity Space
- Bathtub with Shower
- Walk-in Shower
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- Detached Carport Space
- Parking Available
- Assigned Parking
Accessible Home Design
- No Interior Steps
Outdoor Features
- Spa
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Cable TV Available
Listing and Financial Details
- Security Deposit $2,500
- Rent includes association dues, pool, sewer
- 12-Month Minimum Lease Term
- Available 11/1/23
- Tax Lot 1
- Tax Tract Number 39226
- Assessor Parcel Number 7103016127
Community Details
Overview
- Property has a Home Owners Association
- 118 Units
- Lake Terrace Association, Phone Number (562) 433-0934
- Action Management HOA
Recreation
- Tennis Courts
- Community Pool
- Community Spa
Pet Policy
- Call for details about the types of pets allowed
- Pet Deposit $250
Security
- Gated Community
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jul 1, 2017
Closed on
Jul 18, 2017
Sold by
Brooks Marlena
Bought by
Davari Ardavan
Seller's Agent
Magdy Hanna
Hanna Realty
Buyer's Agent
Salameh Younis
Keller Williams Pacific Estate
List Price
$254,999
Sold Price
$262,000
Premium/Discount to List
$7,001
2.75%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$164,999
Avg. Annual Appreciation
6.37%
Original Mortgage
$254,140
Interest Rate
3.88%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 23, 2001
Sold by
Brooks Marlena
Bought by
Brooks Marlena
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$85,000
Interest Rate
7.06%
Purchase Details
Closed on
Jun 4, 1996
Sold by
Union Planters National Bank
Bought by
Federal National Mortgage Association
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Davari Ardavan | $262,000 | Fidelity National Title Co | |
| Brooks Marlena | -- | American Title Co | |
| Federal National Mortgage Association | -- | Stewart Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Davari Ardavan | $258,000 | |
| Closed | Davari Ardavan | $257,000 | |
| Closed | Davari Ardavan | $254,140 | |
| Previous Owner | Brooks Marlena | $151,000 | |
| Previous Owner | Brooks Marlena | $154,000 | |
| Previous Owner | Brooks Marlena | $30,000 | |
| Previous Owner | Brooks Marlena | $70,000 | |
| Previous Owner | Brooks Marlena | $32,000 | |
| Previous Owner | Brooks Marlena | $19,000 | |
| Previous Owner | Brooks Marlena | $85,000 | |
| Previous Owner | Brooks Marlena | $25,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/03/2023 10/03/23 | Rented | $2,350 | -6.0% | -- |
| 09/28/2023 09/28/23 | Off Market | $2,500 | -- | -- |
| 09/28/2023 09/28/23 | For Rent | $2,500 | 0.0% | -- |
| 08/11/2017 08/11/17 | Sold | $262,000 | +2.7% | $349 / Sq Ft |
| 07/01/2017 07/01/17 | For Sale | $254,999 | -- | $340 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $3,973 | $298,104 | $163,844 | $134,260 |
| 2024 | $3,973 | $292,260 | $160,632 | $131,628 |
| 2023 | $3,900 | $286,531 | $157,483 | $129,048 |
| 2022 | $3,795 | $280,914 | $154,396 | $126,518 |
| 2021 | $3,710 | $275,407 | $151,369 | $124,038 |
| 2019 | $3,801 | $267,240 | $146,880 | $120,360 |
| 2018 | $3,556 | $262,000 | $144,000 | $118,000 |
| 2016 | $1,418 | $101,791 | $46,768 | $55,023 |
| 2015 | $1,346 | $100,263 | $46,066 | $54,197 |
| 2014 | $1,377 | $98,300 | $45,164 | $53,136 |
Source: Public Records
Agents Affiliated with this Home
-
hamid Hashemian
-
Magdy Hanna
M
Seller's Agent in 2017
Magdy Hanna
Hanna Realty
-
S
Buyer's Agent in 2017
Salameh Younis
Keller Williams Pacific Estate
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW23181532
APN: 7103-016-127
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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
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