NOT LISTED FOR SALE

16211 Downey Ave Unit 47 Paramount, CA 90723

Paramount Area

Estimated Value: $429,326

1 Bed
1 Bath
776 Sq Ft
7.57 Acre Lot

Sale Details

Date Sold: September 18, 2020

Last sale price $310,000 $399 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $3,149 / mo

92 Days on Market

Highlights

  • Spa
  • Pond View
  • End Unit
  • Gated Community
  • 7.57 Acre Lot
  • Community Pool

About This Home

As of September 2020

Welcome to this resort-style setting at the Lake Terrace Community. This home has a updated kitchen with new floors, counter tops, backsplash, appliances and paint. The master bedroom and living room share nice sized patios. The open floor plan offers a living room and dining room with large breakfast countertop bar. Master suite features great sized walk-in closet. Listen to the ponds and ducks while relaxing on your large private outdoor patio off the dining room\living room area, which blends indoor and outdoor living while offering views. Lake Terrace residents enjoy amenities such as including 24-hour gated entry, large pool, tennis court, a new community video surveillance system. What a great opportunity to own in one of the best locations in Paramount. The unit comes with two secured parking space, guest parking & individual laundry hook-ups.

Last Agent to Sell the Property

Michael Henderson

Redfin Corporation License #01787868 Listed on: 06/02/2020

Last Buyer's Agent

Robert Fuiava

Amberwood Real Estate, Inc. License #01940876

Amberwood Real Estate, Inc.

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 1981 | Remodeled

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $345 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 776 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Pond Views
  • Laundry closet

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Outdoor Features

  • Spa
  • Patio

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 39226
  • Assessor Parcel Number 7103016056

Community Details

Overview

  • 132 Units
  • Lake Terrace 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 | Remodeled

Lot Details

7.57 Acres

HOA Fees

$345 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Security: Gated Community
  • View: Yes
  • Zoning: PARM*
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7103016056
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 776.00 Square Feet
  • Stories: 2
  • Common Walls: 1 Common Wall, End Unit
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 399.48
  • Room Type: All Bedrooms Down
  • Spa Features: Association

Exterior Features

  • Patio: Yes
  • View: Pond
  • Patio And Porch Features: Patio
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet
  • 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
  • Phone: 562-433-0934
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Suburban
  • Association Management: Lake Terrace

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • 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: 131

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
Aug 16, 2021
Sold by
Craig Katherine
Bought by
Current Estimated Value
$429,326

Purchase Details

Listed on
Jun 2, 2020
Closed on
Sep 3, 2020
Sold by
Parran Yvette R
Bought by
Craig Katherine
Seller's Agent
Michael Henderson
Redfin Corporation
Buyer's Agent
Robert Fuiava
Amberwood Real Estate, Inc.
List Price
$295,000
Sold Price
$310,000
Premium/Discount to List
$15,000
5.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.58%

Purchase Details

Listed on
Feb 25, 2016
Closed on
Mar 7, 2016
Sold by
Ida West Inc
Bought by
Parran Yvette R
Seller's Agent
CHARLES KARICH
SOUTH HILLS PROPERTIES, INC.
Buyer's Agent
Robin Abbott
Robin Abbott Real Estate Services
List Price
$239,900
Sold Price
$205,000
Premium/Discount to List
-$34,900
-14.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.69%
Original Mortgage
$10,250
Interest Rate
3.72%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Nov 11, 2015
Sold by
Barnes Jonathan J
Bought by
Ida West Inc

Purchase Details

Closed on
Oct 7, 2011
Sold by
The Jonathan J Barnes Living Trust
Bought by
Lake Terrace Condominium Association

Purchase Details

Closed on
Oct 8, 2007
Sold by
Barnes Jonathan J
Bought by
The Jonathan J Barnes Living Trust

Purchase Details

Closed on
Sep 21, 2006
Sold by
Sa Pacific Investment Llc
Bought by
Barnes Jonathan J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,800
Interest Rate
6.43%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
May 23, 2006
Sold by
Martinez Lorenzo Rafael B
Bought by
Sa Pacific Investment

Purchase Details

Closed on
Feb 10, 2006
Sold by
Canal Hector
Bought by
Hernandez Elizabeth

Purchase Details

Closed on
Dec 30, 2005
Sold by
Martinez Lorenzo Rafael B
Bought by
Canal Hector

Purchase Details

Closed on
Dec 26, 2002
Sold by
Martinez Lorenzo Rafael B
Bought by
Martinez Lorenzo Rafael B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
5.96%

Purchase Details

Closed on
Oct 29, 1999
Sold by
Martinez Gloria Romero
Bought by
Martinez Lorenzo Rafael B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,100
Interest Rate
9.99%

Purchase Details

Closed on
Sep 24, 1999
Sold by
Faircloth Jeanelle
Bought by
Martinez Lorenzo Rafael B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$48,100
Interest Rate
9.99%
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
-- None Available
Craig Katherine $310,000 Stewart Title Of Ca Inc
Parran Yvette R $205,000 Orange Coast Title Co Socal
Ida West Inc $161,700 None Available
Lake Terrace Condominium Association $16,618 Accommodation
The Jonathan J Barnes Living Trust -- None Available
Barnes Jonathan J $269,000 First Southwestern Title
Sa Pacific Investment $105,100 None Available
Hernandez Elizabeth -- None Available
Canal Hector $18,000 --
Martinez Lorenzo Rafael B -- --
Martinez Lorenzo Rafael B -- --
Martinez Lorenzo Rafael B $74,000 Lawyers Title Company
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
Previous Owner $10,250
Previous Owner Parran Yvette R $201,286
Previous Owner Barnes Jonathan J $53,800
Previous Owner Barnes Jonathan J $215,200
Previous Owner Martinez Lorenzo Rafael B $16,000
Previous Owner Martinez Lorenzo Rafael B $108,800
Previous Owner Martinez Lorenzo Rafael B $72,000
Previous Owner Martinez Lorenzo Rafael B $48,100
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
09/18/2020 09/18/20 Sold $310,000 +5.1% $399 / Sq Ft
06/02/2020 06/02/20 For Sale $295,000 +43.9% $380 / Sq Ft
03/31/2016 03/31/16 Sold $205,000 -14.5% $264 / Sq Ft View Prior Sale
02/25/2016 02/25/16 Pending -- -- --
02/25/2016 02/25/16 For Sale $239,900 -- $309 / 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 $4,561 $342,260 $203,479 $138,781
2025 $4,561 $335,550 $199,490 $136,060
2024 $4,419 $328,972 $195,579 $133,393
2023 $4,338 $322,523 $191,745 $130,778
2022 $4,221 $316,200 $187,986 $128,214
2021 $4,126 $310,000 $184,300 $125,700
2020 $2,948 $221,896 $88,542 $133,354
2019 $3,082 $217,546 $86,806 $130,740
2018 $2,880 $213,281 $85,104 $128,177
2016 $2,497 $190,000 $56,000 $134,000
2015 $1,593 $116,004 $34,487 $81,517
2014 $1,631 $113,733 $33,812 $79,921
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20104813

California Regional Multiple Listing Service (CRMLS)

APN: 7103-016-056

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