Melissa Barlow
Responds Quickly
Elite Representation Real Estate
(424) 704-9071
43 Total Sales
1 in Paramount
$748,000 Price
16211 Downey Ave Unit 35 Paramount, CA 90723
Paramount AreaEstimated Value: $419,000 - $440,000
1
Bed
1
Bath
750
Sq Ft
7.57
Acre Lot
Highlights
- 7.57 Acre Lot
- Clubhouse
- End Unit
- Creek or Stream View
- Living Room with Attached Deck
- High Ceiling
About This Home
As of April 2025Beautiful, high-ceiling, one-bedroom condo in the Resort-Style, gated community of Lake Terrace in the City of Paramount. Enjoy the peaceful sound of running streams throughout the complex. This is a large top-floor condo with views of the greenery, streams, and pool. Upon entering the home, you step into the spacious living room, filled with natural light highlighted by panoramic windows and a warm, welcoming fireplace. The living room seamlessly flows into the formal dining area. The kitchen offers plenty of cabinetry, granite countertops, and a breakfast nook that opens to the living room, creating a seamless open floor plan. Direct access to the large balcony from the living room allows you to host and enjoy the outdoor space with family and friends. The master bedroom features high ceilings, ample storage including two closets, and private access to the bathroom. Washer and Dryer are located within the unit. The HOA is in the process of upcoming updates, including the renovation of the roof, stucco, and siding, as well as the installation of solar panel carports. Additional improvements include a full deck replacement, upgrades to all stairs and balconies, and fob access to both gates. This unit comes with two assigned parking spaces, one of which is covered, and additional guest parking is readily available. The sales price includes all appliances. Enjoy exclusive access to a key fob-entry mailroom and refreshing pool within the community. This condo has been meticulously maintained and is fully turn-key. Welcome home!
Last Agent to Sell the Property
Real Brokerage Technologies Brokerage Phone: 562-895-4151 License #02019628 Listed on: 03/13/2025
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Property Details
Home Type
- Condominium
Year Built
- Built in 1981
Lot Details
- End Unit
- 1 Common Wall
HOA Fees
- $414 Monthly HOA Fees
Parking
- 1 Open Parking Space
- 2 Car Garage
- 1 Carport Space
- Parking Available
Property Views
- Creek or Stream
- Park or Greenbelt
Home Design
- Entry on the 2nd floor
Interior Spaces
- 750 Sq Ft Home
- 2-Story Property
- Beamed Ceilings
- High Ceiling
- Living Room with Fireplace
- Living Room with Attached Deck
Kitchen
- Gas Range
- Dishwasher
Bedrooms and Bathrooms
- 1 Main Level Bedroom
- All Upper Level Bedrooms
- 1 Full Bathroom
- Granite Bathroom Countertops
- Bathtub with Shower
Laundry
- Laundry closet
- Dryer
- Washer
Outdoor Features
- Balcony
- Exterior Lighting
Location
- Suburban Location
Utilities
- Two cooling system units
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 39226
- Assessor Parcel Number 7103016044
- $432 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- Front Yard Maintenance
- Master Insurance
- 118 Units
- Lake Terrace Association, Phone Number (562) 531-1955
- A.R.K. Management HOA
- Maintained Community
Amenities
- Outdoor Cooking Area
- Community Barbecue Grill
- Clubhouse
- Laundry Facilities
Recreation
- Pickleball Courts
- Sport Court
- Community Pool
- Community Spa
Pet Policy
- Pets Allowed
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
Mar 13, 2025
Closed on
Mar 24, 2025
Sold by
Bought by
Seller's Agent
Ingrid Hooker
Real Brokerage Technologies
Buyer's Agent
Ana Bitolas
First Family Homes
List Price
$458,000
Sold Price
$440,000
Premium/Discount to List
-$18,000
-3.93%
Views
18
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
-$9,430
Avg. Annual Appreciation
-1.63%
Original Mortgage
$344,000
Outstanding Balance
$339,290
Interest Rate
6.65%
Mortgage Type
New Conventional
Estimated Equity
$91,280
Purchase Details
Listed on
Oct 19, 2023
Closed on
Dec 22, 2023
Sold by
Bought by
Seller's Agent
Maria Palacios
Coldwell Banker Envision
Buyer's Agent
Ingrid Hooker
Real Brokerage Technologies
List Price
$425,000
Sold Price
$424,000
Premium/Discount to List
-$1,000
-0.24%
Views
140
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.96%
Original Mortgage
$402,800
Interest Rate
7.03%
Mortgage Type
New Conventional
Purchase Details
Listed on
Oct 19, 2023
Closed on
Dec 21, 2023
Sold by
Bought by
Seller's Agent
Maria Palacios
Coldwell Banker Envision
Buyer's Agent
Ingrid Hooker
Real Brokerage Technologies
List Price
$425,000
Sold Price
$424,000
Premium/Discount to List
-$1,000
-0.24%
Views
140
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$402,800
Interest Rate
7.03%
Mortgage Type
New Conventional
Purchase Details
Listed on
Feb 1, 2018
Closed on
Feb 22, 2018
Sold by
Bought by
Seller's Agent
Maria Palacios
Coldwell Banker Envision
Buyer's Agent
Maria Palacios
Coldwell Banker Envision
List Price
$265,000
Sold Price
$265,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.44%
Original Mortgage
$212,000
Interest Rate
4.38%
Mortgage Type
New Conventional
Purchase Details
Listed on
Mar 22, 2016
Closed on
Mar 10, 2016
Sold by
Bought by
Seller's Agent
Maria Palacios
Coldwell Banker Envision
Buyer's Agent
Maria Palacios
Coldwell Banker Envision
List Price
$208,000
Sold Price
$208,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.81%
Original Mortgage
$204,232
Interest Rate
3.62%
Mortgage Type
FHA
Purchase Details
Listed on
Sep 18, 2012
Closed on
Oct 17, 2012
Sold by
Bought by
Seller's Agent
Maria Palacios
Coldwell Banker Envision
Buyer's Agent
Maria Palacios
Coldwell Banker Envision
List Price
$95,000
Sold Price
$90,000
Premium/Discount to List
-$5,000
-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
27.76%
Purchase Details
Closed on
Dec 3, 2003
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.65%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 31, 2000
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,910
Interest Rate
8.06%
Purchase Details
Closed on
Apr 14, 1993
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Paramount, CA
-
Melissa Barlow
-
Dennis Fulmore
Dennis Fulmore
Dennis Wayne Group
(424) 688-7260
19 Total Sales
1 in Paramount
$520,000 Price
-
Lupe Salazar
Lupe Salazar
EXCELLENCE RE REAL ESTATE
(562) 268-4995
48 Total Sales
2 in Paramount
$185,000 Price Range
-
Patricia Ramirez
Patricia Ramirez
Century 21 Allstars
(562) 526-0839
55 Total Sales
3 in Paramount
$440K - $540K Price Range
-
Monica Olmos
Monica Olmos
Century 21 Masters
(626) 986-7539
44 Total Sales
1 in Paramount
$250,000 Price
-
Alex Sanchez
Alex Sanchez
eXp Realty of Southern California, Inc.
(562) 261-0539
63 Total Sales
4 in Paramount
$521K - $600K Price Range
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 |
|---|---|---|---|
| $440,000 | Chicago Title Company | ||
| -- | Orange Coast Title Company | ||
| $424,000 | Orange Coast Title Company | ||
| -- | Orange Coast Title Company | ||
| $265,000 | Orange Coast Title Company | ||
| $208,000 | Orange Coast Title Co Socal | ||
| $90,000 | Orange Coast Title Company | ||
| -- | Fidelity National Title Co | ||
| $70,000 | Chicago 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 | $344,000 | ||
| Previous Owner | $402,800 | ||
| Previous Owner | $218,500 | ||
| Previous Owner | $212,000 | ||
| Previous Owner | $204,232 | ||
| Previous Owner | $224,000 | ||
| Previous Owner | $50,000 | ||
| Previous Owner | $140,000 | ||
| Previous Owner | $120,000 | ||
| Previous Owner | $62,910 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 04/25/2025 04/25/25 | Sold | $440,000 | -3.9% | $587 / Sq Ft | |
| 03/25/2025 03/25/25 | Pending | -- | -- | -- | |
| 03/13/2025 03/13/25 | For Sale | $458,000 | +8.0% | $611 / Sq Ft | |
| 01/19/2024 01/19/24 | Sold | $424,000 | +4.7% | $565 / Sq Ft | View Prior Sale |
| 12/02/2023 12/02/23 | Price Changed | $405,000 | -4.7% | $540 / Sq Ft | |
| 10/19/2023 10/19/23 | For Sale | $425,000 | +60.4% | $567 / Sq Ft | |
| 04/03/2018 04/03/18 | Sold | $265,000 | 0.0% | $353 / Sq Ft | View Prior Sale |
| 02/01/2018 02/01/18 | Pending | -- | -- | -- | |
| 02/01/2018 02/01/18 | For Sale | $265,000 | +27.4% | $353 / Sq Ft | |
| 04/01/2016 04/01/16 | Sold | $208,000 | 0.0% | $277 / Sq Ft | View Prior Sale |
| 03/22/2016 03/22/16 | Pending | -- | -- | -- | |
| 03/22/2016 03/22/16 | For Sale | $208,000 | +131.1% | $277 / Sq Ft | |
| 10/31/2012 10/31/12 | Sold | $90,000 | -5.3% | $120 / Sq Ft | View Prior Sale |
| 09/18/2012 09/18/12 | For Sale | $95,000 | -- | $127 / 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 | $5,727 | $432,480 | $284,376 | $148,104 |
| 2024 | $4,014 | $295,608 | $163,644 | $131,964 |
| 2023 | $3,940 | $289,813 | $160,436 | $129,377 |
| 2022 | $3,834 | $284,132 | $157,291 | $126,841 |
| 2021 | $3,748 | $278,561 | $154,207 | $124,354 |
| 2019 | $3,840 | $270,300 | $149,634 | $120,666 |
| 2018 | $3,001 | $216,402 | $92,283 | $124,119 |
| 2016 | $1,405 | $93,619 | $18,723 | $74,896 |
| 2015 | $1,335 | $92,213 | $18,442 | $73,771 |
| 2014 | $1,367 | $90,407 | $18,081 | $72,326 |
Source: Public Records
Agents Affiliated with this Home
-
Ingrid Hooker
Seller's Agent in 2025
Ingrid Hooker
Real Brokerage Technologies
(916) 848-7554
47 Total Sales
-
Ana Bitolas
Buyer's Agent in 2025
Ana Bitolas
First Family Homes
(562) 397-5017
26 Total Sales
-
Maria Palacios
Seller's Agent in 2024
Maria Palacios
Coldwell Banker Envision
(562) 883-1003
70 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25055909
APN: 7103-016-044
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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