Scott Gunther
Coldwell Banker Realty
(657) 300-5995
27 Total Sales
2 in Paramount
$540,000 Price Range
16211 Downey Ave Unit 48 Paramount, CA 90723
Paramount AreaEstimated Value: $435,819
1
Bed
1
Bath
776
Sq Ft
7.57
Acre Lot
Highlights
- Unit is on the top floor
- Gated Parking
- View of Trees or Woods
- Heated In Ground Pool
- Gated Community
- 7.57 Acre Lot
About This Home
As of May 2022Welcome Home to beautiful Lake Terrace. This beautiful one bedroom home is an upstairs unit with no one above you. Enjoy your spacious living area with cathedral ceilings, brick fireplace, and a dining area with an alcove. A slider and two large windows gives these rooms lots of natural light. Your kitchen is open and bright with lots of cupboard space, black and stainless appliances, counter space for additional seating and a large window for natural light. This home has a large primary suite with a walk in closet with built in shelves and an additional wall closet. The bedroom has a slider that leads out to your large private balcony with a view of the pool. The bathroom has a separate vanity area with a mirrored wall that gives a feeling of additional space and a clerestory window for extra light. The tub and shower combo has been remodeled and has built in shelves. In addition, you have multiple closets and storage throughout the home. Step outside to your large private patio and enjoy outdoor living at its best. You have room for a seating and eating area on the patio with direct access from the living room slider. Your full size laundry room is also located on the main patio in a separate closet. This home comes with a covered carport space and a dedicated second parking space. Lake Terrace is 7+ acres of meandering walkways, trees, streams, and waterfalls with a pool, spa, and tennis court for your enjoyment. Fantastic location close to shopping, restaurants, schools, and freeways.
Last Agent to Sell the Property
Equity Union License #01315709 Listed on: 04/22/2022
Last Buyer's Agent
Rashawn Hollaway
Onyx Realty License #02085525
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Property Details
Home Type
- Condominium
Year Built
- Built in 1981
Lot Details
- Creek or Stream
- End Unit
- South Facing Home
- Gated Home
HOA Fees
- $345 Monthly HOA Fees
Property Views
- Woods
- Creek or Stream
- Pool
Home Design
- A-Frame Home
- Patio Home
- Entry on the 2nd floor
- Wood Siding
- Stucco
Interior Spaces
- 776 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Cathedral Ceiling
- Sliding Doors
- Living Room with Fireplace
- Dining Area
- Alarm System
Kitchen
- Open to Family Room
- Gas Oven
- Microwave
- Dishwasher
- Disposal
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 1 Bedroom
- Walk-In Closet
- 1 Full Bathroom
- Bathtub with Shower
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 2 Parking Spaces
- Detached Carport Space
- Gated Parking
- Guest Parking
- Assigned Parking
Pool
- Heated In Ground Pool
- Heated Spa
- In Ground Spa
- Fence Around Pool
- Spa Fenced
Outdoor Features
- Living Room Balcony
- Deck
Location
- Unit is on the top floor
Utilities
- Central Heating and Cooling System
- Property is located within a water district
- Sewer in Street
Listing and Financial Details
- Assessor Parcel Number 7103-016-057
Community Details
Overview
- Association fees include trash, water and sewer paid
- 132 Units
- Action Property Management Association, Phone Number (562) 433-0934
- Maintained Community
- Community Lake
Amenities
- Community Barbecue Grill
Recreation
- Tennis Courts
- Community Pool
- Community Spa
Pet Policy
- Pets Allowed
Security
- Gated Community
- 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 22, 2022
Closed on
May 3, 2022
Sold by
Leblanc Deborah
Bought by
Seller's Agent
Robert Shanahan
Equity Union
Buyer's Agent
Rashawn Hollaway
Onyx Realty
List Price
$424,900
Sold Price
$415,000
Premium/Discount to List
-$9,900
-2.33%
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
$20,819
Avg. Annual Appreciation
1.14%
Original Mortgage
$373,500
Outstanding Balance
$348,610
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$87,209
Purchase Details
Closed on
Jul 26, 2021
Sold by
Le Blanc Deborah
Bought by
Le Blanc Deborah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 26, 2002
Sold by
Perez Ricardo
Bought by
Leblanc Deborah
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
9%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Paramount, CA
-
Scott Gunther
-
Daniel Galan
Daniel Galan
eXp Realty of Southern Califor
(760) 576-2542
69 Total Sales
1 in Paramount
$655,000 Price
-
Jan Samano
Jan Samano
EXIT GULF COAST REALTY
(562) 451-0183
14 Total Sales
1 in Paramount
$745,000 Price
-
Latoria Williams
Latoria Williams
Bright Star Estates, Inc.
(657) 312-4531
39 Total Sales
1 in Paramount
$445,000 Price
-
Ivan Rodriguez
Ivan Rodriguez
ACTION MOBILE HOMES
(909) 490-3539
82 Total Sales
1 in Paramount
$92,000 Price
-
Alexander Varga
Alexander Varga
Norm Haley Real Estate
(626) 788-8434
31 Total Sales
1 in Paramount
$420,000 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 |
|---|---|---|---|
| $105,000 | Southland Title |
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 | $84,000 |
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 |
|---|---|---|---|---|
| 05/27/2022 05/27/22 | Sold | $415,000 | -2.3% | $535 / Sq Ft |
| 04/27/2022 04/27/22 | Pending | -- | -- | -- |
| 04/22/2022 04/22/22 | For Sale | $424,900 | -- | $548 / Sq Ft |
Source: The MLS
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 | $5,742 | $449,206 | $290,307 | $158,899 |
| 2025 | $5,742 | $440,399 | $284,615 | $155,784 |
| 2024 | $5,578 | $431,765 | $279,035 | $152,730 |
| 2023 | $5,558 | $423,300 | $273,564 | $149,736 |
| 2022 | $2,144 | $143,281 | $44,756 | $98,525 |
| 2021 | $2,012 | $140,473 | $43,879 | $96,594 |
| 2020 | $1,969 | $139,034 | $43,430 | $95,604 |
| 2019 | $2,049 | $136,309 | $42,579 | $93,730 |
| 2018 | $1,911 | $133,638 | $41,745 | $91,893 |
| 2016 | $1,721 | $128,451 | $40,125 | $88,326 |
| 2015 | $1,631 | $126,523 | $39,523 | $87,000 |
| 2014 | $1,668 | $124,045 | $38,749 | $85,296 |
Source: Public Records
Agents Affiliated with this Home
-
Robert Shanahan
RS
Seller's Agent in 2022
Robert Shanahan
Equity Union
(760) 774-7501
43 Total Sales
-
RH
Buyer's Agent in 2022
Rashawn Hollaway
Onyx Realty
Map
Source: The MLS
MLS Number: 22-146127
APN: 7103-016-057
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.
© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
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