NOT LISTED FOR SALE

16211 Downey Ave Unit 53 Paramount, CA 90723

Estimated Value: $403,000 - $466,000

1 Bed
1 Bath
750 Sq Ft
$345/mo HOA Fee

Last Sold October 11, 2017

Last sale price $265,000 $353 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $2,943/month

14 Days on Market

Highlights

  • In Ground Pool
  • No Units Above
  • Gated Community
  • Home fronts a creek
  • Primary Bedroom Suite
  • Pond View

About This Home

As of October 2017

Upper level unit with "prime view" of water features in the popular gated community of Lake Terrace. You'll love this spacious move-in ready one bedroom, one bath unit with soaring cathedral ceilings, remote controlled ceiling fans and gas fireplace. Kitchen has recessed lighting, nice crown molding and under cabinet lighting highlighting the tiled back splash. This unit features a large balcony with an outside patio perfect for entertaining, as well as its own laundry room. Two parking spaces included and plenty of visitor parking. Access to many streams & ponds, tennis court and a beautiful pool and spa. Located close to shopping centers, schools and major freeways. This home won't last long!

Last Agent to Sell the Property

Elaine King

First Team Real Estate License #02017378 Listed on: 07/12/2017

First Team Real Estate

Last Buyer's Agent

Thomas Applegate

Re/Max R. E. Specialists License #00606100

Re/Max R. E. Specialists

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1981

Lot Details

  • Home fronts a creek
  • No Units Above
  • Two or More Common Walls
  • No Sprinklers

HOA Fees

  • $345 Monthly HOA Fees

Property Views

  • Pond
  • Creek or Stream

Home Design

  • Traditional Architecture
  • Entry on the 2nd floor
  • Turnkey

Interior Spaces

  • 750 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Cathedral Ceiling
  • Gas Fireplace
  • Blinds
  • Family Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Ceramic Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Primary Bedroom Suite
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Gas Dryer Hookup

Parking

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

Pool

  • In Ground Pool
  • In Ground Spa
  • Fence Around Pool

Outdoor Features

  • Living Room Balcony
  • Deck
  • Wood Patio
  • Terrace

Schools

  • Lincoln Elementary School

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 53
  • Tax Tract Number 39226
  • Assessor Parcel Number 7103016062

Community Details

Overview

  • Hoag Property Management Association, Phone Number (562) 869-1556
  • Built by Lake Terrace

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1981

Lot Details

0

HOA Fees

$345 per month

Listing Details

  • Assessments: Yes
  • Inclusions: Washer, Dryer, New Refrigerator, Entertainment Unit, China Cabinet
  • Property Attached: Yes
  • Road Surface Type: Maintained, Paved
  • Security: Automatic Gate, Gated Community
  • View: Yes
  • Zoning: PARM*
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7103016062
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 750.00 Square Feet
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Ceramic Counters, Crown Molding, Living Room Balcony, Open Floorplan
  • Stories: 1
  • Common Walls: 2+ Common Walls, No One Above
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Area, Breakfast Counter / Bar
  • Entry Level: 2
  • Fireplace Features: Family Room, Gas
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 353.33
  • Room Type: Family Room, Kitchen, Master Suite
  • Spa Features: Association, In Ground
  • Window Features: Blinds
  • Bathroom Features: Bathtub, Shower In Tub
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • View: Creek/Stream, Pond
  • Builder Name: Lake Terrace
  • Patio And Porch Features: Deck, Terrace, Wood
  • Pool Features: Association, Community, In Ground, Fenced
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Covered
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, 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, Tennis Court(s), Controlled Access
  • Association Fee: 345.00
  • Association Fee Frequency: Monthly
  • Association Name: Hoag Property Management
  • Phone: 562-869-1556
  • Senior Community: No
  • Community Features: Suburban

Schools

  • Elementary School: Lincoln
  • Elementary School #2: LINCOL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 329662.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Waterfront Features: Creek

Tax Info

  • Tax Census Tract: 5539.02
  • Tax Lot: 53
  • Tax Tract Number: 39226

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2017
Sold by
Brazeal Glenn T
Bought by
Macdonald Thomas
Current Estimated Value
$432,047

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$209,600
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2010
Sold by
Brazeal Glenn T
Bought by
Brazeal Glenn T and The Glenn T Brazeal Trust

Purchase Details

Closed on
Oct 29, 1993
Sold by
Brazeal Glenn T
Bought by
Brazeal Glenn T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
6.97%
Source: Public Records

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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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
Macdonald Thomas $265,000 Lawyers Title Company
Brazeal Glenn T -- None Available
Brazeal Glenn T -- Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Macdonald Thomas $209,600
Previous Owner Brazeal Glenn T $80,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2017 10/11/17 Sold $265,000 0.0% $353 / Sq Ft
07/26/2017 07/26/17 Pending -- -- --
07/18/2017 07/18/17 Off Market $265,000 -- --
07/12/2017 07/12/17 For Sale $265,000 -- $353 / 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 $4,014 $301,518 $167,258 $134,260
2024 $4,014 $295,607 $163,979 $131,628
2023 $3,940 $289,812 $160,764 $129,048
2022 $3,834 $284,130 $157,612 $126,518
2021 $3,748 $278,560 $154,522 $124,038
2019 $3,840 $270,300 $149,940 $120,360
2018 $3,592 $265,000 $147,000 $118,000
2016 $2,092 $161,346 $80,851 $80,495
2015 $1,979 $158,923 $79,637 $79,286
2014 $2,026 $155,811 $78,078 $77,733
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17156797

California Regional Multiple Listing Service (CRMLS)

APN: 7103-016-062