NOT LISTED FOR SALE

16211 Downey Ave Unit 17 Paramount, CA 90723

Paramount Area

Estimated Value: $522,657

2 Beds
2 Baths
1,082 Sq Ft
7.57 Acre Lot

Sale Details

Date Sold: September 19, 2019

Last sale price $386,000 $357 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,870 / mo

118 Days on Market

Highlights

  • Spa
  • Gated Community
  • Traditional Architecture
  • Panoramic View
  • 7.57 Acre Lot
  • Main Floor Primary Bedroom

About This Home

As of September 2019

Great new price!! NEW CABINET DOORS BEING INSTALLED: 54 pieces in total -- new cabinet doors, drawer fronts and melamine drawers. Hardwood door frames and MDF panels -- paintgrade TO BE FINISHED BY 04/15/2019. Absolutely gorgeous remodeled ground level condo overlooking serene community lake and waterfall. Great view and the arguably the best location in this development! The best of the best here with this two bedroom open floor plan with plenty of natural light and tall cathedral ceilings. Kitchen is remodeled with granite slab counters, new laminate floors, new sink, new faucet, new fixtures and much more! Two remodeled bathrooms with granite slab counters, new sinks, new faucets, new laminate floor, new fixtures and new lighting! Enjoy the beautiful waterfall view from this spacious formal living room with fireplace. Two spacious bedrooms complete with adjoining balcony’s. Includes all new carpet, new interior paint, new fixtures and more! All of this in the gated community Lake Terrace. Which includes the following awesome amenities, pool, spa, water trails, community lake, waterfall and lush green belts.

Last Agent to Sell the Property

Scott Arnott

Coldwell Banker Realty License #01217842 Listed on: 04/10/2019

Coldwell Banker Realty

Last Buyer's Agent

Brandie Jones

Keller Williams Realty License #01499526

Keller Williams Realty

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 1981

Lot Details

  • Two or More Common Walls
  • No Landscaping

HOA Fees

  • $345 Monthly HOA Fees

Property Views

  • Lake
  • Pond
  • Panoramic
  • City Lights
  • Pool

Home Design

  • Traditional Architecture
  • Turnkey
  • Slab Foundation
  • Wood Siding

Interior Spaces

  • 1,082 Sq Ft Home
  • Sliding Doors
  • Entryway
  • Living Room with Fireplace
  • Dining Room
  • Breakfast Area or Nook
  • Laundry Located Outside

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Granite Bathroom Countertops

Parking

  • 2 Parking Spaces
  • 2 Detached Carport Spaces
  • Parking Available
  • Automatic Gate
  • Assigned Parking

Outdoor Features

  • Spa
  • Patio
  • Exterior Lighting
  • Rain Gutters

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 39226
  • Assessor Parcel Number 7103016026

Community Details

Overview

  • 132 Units
  • Lake Terrace Action Management Association, Phone Number (562) 433-0934

Recreation

  • Community Pool
  • Community Spa

Additional Features

  • Laundry Facilities
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1981

Lot Details

7.57 Acres

HOA Fees

$345 per month

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: Automatic Gate, Gated Community
  • View: Yes
  • Zoning: PARM*
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7103016026
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1082.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 356.75
  • Room Type: Entry, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom
  • Spa Features: Association
  • Bathroom Features: Granite Counters, Remodeled, Upgraded

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: City Lights, Lake, Panoramic, Pond, Pool
  • Patio And Porch Features: Patio
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes
  • Construction Materials: Wood Siding

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Detached Carport
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet, Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 345.00
  • Association Fee Frequency: Monthly
  • Association Name: Lake Terrace Action Management
  • Phone: (562) 433-0934
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights, Suburban
  • Association Management: Lake Terrace Action Management

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: No Landscaping
  • Lot Size Sq Ft: 329662.00
  • Lot Size Acres: 7.5680

Multi Family

  • Lease Considered: No
  • Lot Size Area: 329662.0000 Square Feet
  • Number Of Units In Community: 132
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5539.02
  • Tax Lot: 1
  • Tax Tract Number: 39226

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

Closed on
Nov 21, 2024
Sold by
Jones Brian Jamaal and Odom Whitney Maurielle
Bought by
Current Estimated Value
$522,657

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Outstanding Balance
$284,121
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$238,536

Purchase Details

Closed on
Sep 12, 2024
Sold by
Shirley A Jones Living Trust and Jones Shirley A
Bought by
Jones Brian Jamaal and Odom Whitney Maurielle

Purchase Details

Closed on
Sep 6, 2022
Sold by
Jones Shirley A
Bought by
Shirley A Jones Living Trust and Jones

Purchase Details

Listed on
Apr 10, 2019
Closed on
Sep 17, 2019
Sold by
Koretoff Industrial Complex Lp
Bought by
Jones Shirley A and Jones Carl F
Seller's Agent
Scott Arnott
Coldwell Banker Realty
Buyer's Agent
Brandie Jones
Keller Williams Realty
List Price
$389,900
Sold Price
$386,000
Premium/Discount to List
-$3,900
-1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.42%
Original Mortgage
$308,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 19, 2019
Sold by
Koretoff Allen J and Koretoff Sandra A
Bought by
Koretoff Industrial Complex Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 8, 2019
Sold by
Koretoff Ryan J and Koretoff Jonathan A
Bought by
Koretoff Allen J and Koretoff Sandra A

Purchase Details

Closed on
Dec 4, 2009
Sold by
Koretoff Allen J
Bought by
Koretoff Allen J
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Paramount, CA

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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
-- Pacific Coast Title
Jones Brian Jamaal -- --
Shirley A Jones Living Trust -- None Listed On Document
Jones Shirley A $386,000 Equity Title Company
Koretoff Industrial Complex Lp $386,500 Equity Title Company
Koretoff Allen J -- Equity Title Company
Koretoff Allen J -- None Available
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 $290,000
Previous Owner Jones Shirley A $308,000
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
09/19/2019 09/19/19 Sold $386,000 -0.9% $357 / Sq Ft
07/23/2019 07/23/19 Price Changed $389,500 -2.3% $360 / Sq Ft
05/24/2019 05/24/19 Price Changed $398,800 +2.3% $369 / Sq Ft
04/10/2019 04/10/19 For Sale $389,900 -- $360 / 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
2026 $6,890 $535,500 $331,500 $204,000
2025 $6,890 $525,000 $325,000 $200,000
2024 $5,467 $413,866 $225,053 $188,813
2023 $5,366 $405,752 $220,641 $185,111
2022 $5,221 $397,797 $216,315 $181,482
2021 $5,102 $389,998 $212,074 $177,924
2020 $4,986 $386,000 $209,900 $176,100
2019 $1,945 $119,701 $58,389 $61,312
2018 $1,816 $117,355 $57,245 $60,110
2016 $1,636 $112,800 $55,023 $57,777
2015 $1,553 $111,107 $54,197 $56,910
2014 $1,590 $108,932 $53,136 $55,796
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19080750

California Regional Multiple Listing Service (CRMLS)

APN: 7103-016-026

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