Karla Telleria
Keller Williams Realty
(424) 393-2593
45 Total Sales
1 in Paramount
$500,000 Price
16211 Downey Ave Unit 16 Paramount, CA 90723
Paramount AreaEstimated Value: $535,163
2
Beds
2
Baths
1,082
Sq Ft
7.57
Acre Lot
Highlights
- Primary Bedroom Suite
- 7.57 Acre Lot
- Pool View
- Gated Community
- High Ceiling
- Quartz Countertops
About This Home
As of June 2023Fall asleep to the soothing sound of a waterfall and wake up to the serenity of birds singing and the wind rustling through the tree leaves right outside your balcony! Enjoy your morning coffee and a great book in this peaceful space!
This exquisite 2 bedroom, 2 bath condo is highly sought after for its tranquil setting with stunning rock stream features and serene pond accents.
Walk into your “home sweet home” filled with abundant natural light that accentuates your living space, high ceilings, trees and a pool and waterfall view right off your back balcony. This upstairs unit has a spacious master bedroom with high ceilings, two closets, an oval soaking tub, and a large vanity with skylights that let sunshine in. The second bedroom also has high ceilings with access to the front balcony. The kitchen with new appliances is perfect for those that love cooking. It also offers a breakfast nook and balcony access!
Freshly painted walls, new carpeting, sleek vinyl plank flooring, white quartz countertops in the kitchen and bathrooms seamlessly blend sophistication with comfort, exuding a warm and inviting ambiance. There is also laundry in the closet on your balcony.
Lake Terrace Condo Community is gated. The HOA includes a community pool, jacuzzi, and a tennis court.
Don't miss out on your opportunity to reside in this warm and inviting place!
Some of the photos have been virtually enhanced.
Last Agent to Sell the Property
Erica Olsen
Realty One Group Homelink License #01911046 Listed on: 04/13/2023
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Property Details
Home Type
- Condominium
Year Built
- Built in 1981
Lot Details
- 7.57
HOA Fees
- $345 Monthly HOA Fees
Home Design
- Entry on the 2nd floor
Interior Spaces
- 1,082 Sq Ft Home
- 2-Story Property
- High Ceiling
- Living Room with Fireplace
- Living Room Balcony
- Dining Room
- Pool Views
- Laundry Located Outside
Kitchen
- Eat-In Kitchen
- Gas Oven
- Gas Range
- Range Hood
- Dishwasher
- Quartz Countertops
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- All Upper Level Bedrooms
- Primary Bedroom Suite
- 2 Full Bathrooms
- Bathtub with Shower
- Exhaust Fan In Bathroom
- Closet In Bathroom
Home Security
Parking
- Detached Carport Space
- Parking Available
- Assigned Parking
Utilities
- Central Heating and Cooling System
- Gas Water Heater
Additional Features
- Two or More Common Walls
- Suburban Location
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 39226
- Assessor Parcel Number 7103016025
- $444 per year additional tax assessments
Community Details
Overview
- 118 Units
- Lake Terrace Association, Phone Number (562) 433-0934
- Action Management HOA
Amenities
- Laundry Facilities
Recreation
- Tennis Courts
- Community Pool
- Community Spa
Security
- Gated Community
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 13, 2023
Closed on
May 5, 2023
Sold by
Bought by
Seller's Agent
Erica Olsen
Realty One Group Homelink
Buyer's Agent
Marvin Byrne
Keller Williams Realty
List Price
$499,999
Sold Price
$527,000
Premium/Discount to List
$27,001
5.4%
Views
121
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
$8,163
Avg. Annual Appreciation
0.49%
Original Mortgage
$504,000
Outstanding Balance
$484,454
Interest Rate
6.39%
Mortgage Type
New Conventional
Estimated Equity
$50,709
Purchase Details
Closed on
Jun 18, 2001
Sold by
Bought by
Purchase Details
Closed on
Aug 30, 1994
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Paramount, CA
-
Karla Telleria
-
Joshua Glaz
Joshua Glaz
The Ave
(657) 325-8448
255 Total Sales
5 in Paramount
$429K - $825K Price Range
-
Pablo Cornejo
Pablo Cornejo
KW The Lakes
(562) 418-5197
37 Total Sales
1 in Paramount
$615,000 Price
-
Luz Nunez
Luz Nunez
First Team Real Estate
(949) 373-4727
100 Total Sales
1 in Paramount
$530,000 Price
-
Harry Eaves
Harry Eaves
Keller Williams Coastal Prop.
(669) 208-7941
31 Total Sales
1 in Paramount
$475,000 Price
-
Jerusha Day
Jerusha Day
Coldwell Banker Envision
(818) 418-8890
24 Total Sales
1 in Paramount
$530,000 Price
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $527,000 | Old Republic Title Company | ||
| -- | -- | ||
| $116,500 | Continental Lawyers Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $504,000 | ||
| Previous Owner | $200,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/06/2023 06/06/23 | Sold | $527,000 | +5.4% | $487 / Sq Ft |
| 04/25/2023 04/25/23 | For Sale | $499,999 | -5.1% | $462 / Sq Ft |
| 04/22/2023 04/22/23 | Off Market | $527,000 | -- | -- |
| 04/22/2023 04/22/23 | For Sale | $499,999 | -5.1% | $462 / Sq Ft |
| 04/20/2023 04/20/23 | Off Market | $527,000 | -- | -- |
| 04/20/2023 04/20/23 | For Sale | $499,999 | -5.1% | $462 / Sq Ft |
| 04/17/2023 04/17/23 | Off Market | $527,000 | -- | -- |
| 04/15/2023 04/15/23 | Pending | -- | -- | -- |
| 04/13/2023 04/13/23 | For Sale | $499,999 | -- | $462 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $7,087 | $548,289 | $314,304 | $233,985 |
| 2024 | $6,879 | $537,540 | $308,142 | $229,398 |
| 2023 | $2,731 | $188,058 | $37,602 | $150,456 |
| 2022 | $2,658 | $184,371 | $36,865 | $147,506 |
| 2021 | $2,596 | $180,757 | $36,143 | $144,614 |
| 2020 | $2,541 | $178,905 | $35,773 | $143,132 |
| 2019 | $2,653 | $175,398 | $35,072 | $140,326 |
| 2018 | $2,480 | $171,960 | $34,385 | $137,575 |
| 2016 | $2,230 | $165,284 | $33,050 | $132,234 |
| 2015 | $2,110 | $162,802 | $32,554 | $130,248 |
| 2014 | $2,162 | $159,614 | $31,917 | $127,697 |
Source: Public Records
Agents Affiliated with this Home
-
E
Seller's Agent in 2023
Erica Olsen
Realty One Group Homelink
-
Marvin Byrne
Buyer's Agent in 2023
Marvin Byrne
Keller Williams Realty
(213) 247-6755
19 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC23060703
APN: 7103-016-025
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.
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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