$382,000 - $570,000
RENTED JAN 13, 2025

16211 Downey Ave Unit 41 Paramount, CA 90723

2 Beds
2 Baths
1,082 Sq Ft
7.57 Acres

Last Sold April 15, 2013

Last sale price $139,500 $129 Per Sq Ft

Est. 251% increase in value since last sale

Current estimated payment $2,815/month

Highlights

  • Primary Bedroom Suite
  • Creek or Stream View
  • Community Pool
  • 7.57 Acre Lot
  • Traditional Architecture
  • Tennis Courts

About This Home

As of January 2025

Lease this beautiful 2 bedroom, perfect condo nestled in the serene Lake Terrace Community! Wake up to the beautiful view of ducks swimming in the pond from your private patio. This home offers a spacious living room with a gorgeous fireplace, and a dining area with an open floor plan. The large country kitchen is fully equipped with plenty of counter and cabinet spaces. The master suite has lots of natural lighting and plenty of closet space. Washer and dryer are also located in the patio area and tastefully tucked away. The unit has 2 assigned parking spaces. Take advantage of the community perks this summer at the picnic area, tennis courts, pool or spa! Centrally located only minutes away from freeways, schools, shopping and restaurants.

Last Agent to Rent the Property

Janet Yang

Harmon Homes Inc. Brokerage Phone: 562-677-4444 License #01326942 Listed on: 01/02/2025

Last Renter's Agent

Janet Yang

Harmon Homes Inc. Brokerage Phone: 562-677-4444 License #01326942 Listed on: 01/02/2025

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $2,431

Year Built

  • Built in 1981

Lot Details

  • 7.57

Property Views

  • Creek or Stream
  • Neighborhood

Home Design

  • Traditional Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,082 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms
  • Bathtub

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 1 Open Parking Space
  • 2 Parking Spaces
  • 1 Carport Space
  • Parking Available
  • Assigned Parking

Utilities

  • Central Heating and Cooling System
  • Standard Electricity
  • Sewer Paid

Additional Features

  • Balcony
  • Two or More Common Walls
  • Suburban Location

Listing and Financial Details

  • Security Deposit $2,500
  • Rent includes association dues
  • Available 1/4/25
  • Tax Lot 1
  • Tax Tract Number 39226
  • Assessor Parcel Number 7103016050

Community Details

Overview

  • Property has a Home Owners Association
  • 118 Units

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pet Size Limit

Condo Details

Home Type

Condominium

Est. Annual Taxes

$2,431

Year Built

Built in 1981

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2025-01-04
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 2500
  • Furnished: Unfurnished
  • Pets Allowed: Size Limit
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Multi Family
  • Property Attached: Yes
  • View: Yes
  • Zoning: PARM*
  • Architectural Style: Traditional
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 7103016050
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1082.00 Square Feet
  • Interior Amenities: Balcony
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Area
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2.40
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Primary Suite
  • Bathroom Features: Bathtub

Exterior Features

  • View: Creek/Stream, Neighborhood
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Assigned, Covered, Uncovered
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: In Closet, Outside
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Tennis Court(s)
  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Schools

  • School District: Paramount Unified

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 329662.00
  • Lot Size Acres: 7.5680

Multi Family

  • Insurance Water Furniture: Yes
  • Lot Size Area: 329662.0000 Square Feet
  • Number Of Units In Community: 118
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 2, 2013
Closed on
Mar 18, 2013
Sold by
Whiteman Stephanie A
Bought by
Dang Van D and Nguyen Vanessa T
Seller's Agent
Larry Harmon
Harmon Homes Inc.
Buyer's Agent
Larry Harmon
Harmon Homes Inc.
List Price
$139,500
Sold Price
$139,500
Current Estimated Value
$490,236

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$350,736
Avg. Annual Appreciation
11.12%
Original Mortgage
$101,000
Outstanding Balance
$71,537
Interest Rate
3.47%
Mortgage Type
New Conventional
Estimated Equity
$445,705

Purchase Details

Closed on
Mar 15, 2004
Sold by
Kesten Elizabeth
Bought by
Kesten Betty Lee and The G H Kesten Family Inter Vivos Revoca

Purchase Details

Closed on
Jul 23, 1997
Sold by
Kesten Gervis
Bought by
Kesten G H and Kesten Gervis Harland
Source: Public Records

Range of Values:

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List Price
Sold Price
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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
Dang Van D $135,000 North American Title Company
Kesten Betty Lee -- --
Kesten G H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dang Van D $101,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2025 01/13/25 Rented $2,600 +4.0% --
01/07/2025 01/07/25 Off Market $2,500 -- --
01/02/2025 01/02/25 For Rent $2,500 0.0% --
06/19/2023 06/19/23 Rented $2,500 0.0% --
06/10/2023 06/10/23 For Rent $2,500 0.0% --
04/15/2013 04/15/13 Sold $139,500 0.0% $129 / Sq Ft
04/03/2013 04/03/13 Pending -- -- --
04/02/2013 04/02/13 For Sale $139,500 -- $129 / 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 $2,431 $166,228 $33,241 $132,987
2024 $2,431 $162,970 $32,590 $130,380
2023 $2,388 $159,775 $31,951 $127,824
2022 $2,325 $156,643 $31,325 $125,318
2021 $2,271 $153,572 $30,711 $122,861
2019 $2,318 $149,019 $29,801 $119,218
2018 $2,165 $146,098 $29,217 $116,881
2016 $1,949 $140,428 $28,084 $112,344
2015 $1,846 $138,320 $27,663 $110,657
2014 $1,891 $135,612 $27,122 $108,490
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS25000724

California Regional Multiple Listing Service (CRMLS)

APN: 7103-016-050