NOT LISTED FOR SALE

16211 Downey Ave Unit 7 Paramount, CA 90723

Estimated Value: $504,000 - $587,000

2 Beds
2 Baths
1,082 Sq Ft
$345/mo HOA Fee

Last Sold March 25, 2022

Last sale price $460,000 $425 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $3,690/month

5 Days on Market

Highlights

  • Spa
  • 7.57 Acre Lot
  • Granite Countertops
  • Gated Community
  • Contemporary Architecture
  • Tennis Courts

About This Home

As of March 2022

Enjoy your morning coffee on the patio watching the ducks swim by in the pond. Welcome to Lakeview Terrace gated community. Enjoy the coming summer months by the pool or playing tennis at the nearby tennis court. This charming lower-level unit features a living room with a tile floor, recess lighting, a gas fireplace, and a separate view of your own private patio. The patio area has a separate room for a washer and dryer and you will enjoy having outdoor seating to watch the ducks wading in the pond. Have a big family?? Just outside the kitchen, you have a dining area for family gathers or to enjoy family dinner. The kitchen features granite countertops, plenty of cabinets, a pantry cabinet, and a section that is currently being used as a breakfast nook. The front patio is accessible from the kitchen. Your primary bedroom features laminate wood floors and its own private patio with a pond. There is also a full bathroom with a shower/tub combination, a separate private bathroom, and 2 full-size sliding closets. The front bedroom also features laminate wood floors and a view of the private front patio. There is a full bathroom with a tub/shower combination located in the main hallway for visitors. Need more storage there is a storage closet located in the main hallway. Guest parking is located thru-out the complex and at the main entrance. Come and see this charming unit today!

Last Agent to Sell the Property

Leesa Hammond

Real Brokerage Technologies License #01305811 Listed on: 02/10/2022

Last Buyer's Agent

Katherine Johnston

eXp Realty of Greater Los Angeles License #01321933

eXp Realty of Greater Los Angeles

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1981

Lot Details

  • Two or More Common Walls
  • Landscaped
  • Sprinkler System

HOA Fees

  • $345 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Parking Available

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,082 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Bay Window
  • Living Room with Fireplace
  • Storage
  • Security Lights

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Formica Counters In Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer Hookup

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • Spa
  • Concrete Porch or Patio

Utilities

  • Cooling System Powered By Gas
  • Central Heating and Cooling System
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 39226
  • Assessor Parcel Number 7103016016

Community Details

Overview

  • 224 Units
  • Lakeview Terrace Association, Phone Number (562) 433-0934
  • Action Management HOA

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • Security Service
  • Controlled Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1981

Lot Details

0

HOA Fees

$345 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Gated Community, Security Lights, Smoke Detector(s)
  • View: No
  • Zoning: PARM*
  • Architectural Style: Contemporary
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7103016016
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1082.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Granite Counters, Pantry, Storage
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 425.14
  • Room Type: Kitchen, Laundry, Living Room, Main Floor Master Bedroom
  • Spa Features: Association, Community
  • Window Features: Bay Window(s)
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Formica Counters, Granite Counters
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Concrete, Patio Open
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Water Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Water Heater
  • Heating Type: Central
  • Laundry Features: Individual Room, Outside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Tennis Court(s), Electricity, Gas, Trash, Utilities, Water, Security, Controlled Access
  • Association Fee: 345.00
  • Association Fee Frequency: Monthly
  • Association Name: Lakeview Terrace
  • Phone: 562-433-0934
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Action Management

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Sprinkler System
  • 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: 224
  • Number Of Units Total: 224

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2024
Sold by
Lloyd Evelyn
Bought by
Katherine Johnston Revocable Trust and Johnston
Current Estimated Value
$540,389

Purchase Details

Closed on
Jan 24, 2024
Sold by
Johnston Katherine
Bought by
Katherine Johnston Revocable Trust and Johnston

Purchase Details

Listed on
Feb 10, 2022
Closed on
Mar 15, 2022
Sold by
Natasha Francis Wendella
Bought by
Johnston Katherine and Lloyd Evelyn
Seller's Agent
Leesa Hammond
Real Brokerage Technologies
Buyer's Agent
Katherine Johnston
eXp Realty of Greater Los Angeles
List Price
$455,000
Sold Price
$460,000
Premium/Discount to List
$5,000
1.1%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.38%

Purchase Details

Closed on
Jul 30, 2021
Sold by
Francis Wendella Natasha and Trotman Kenrick Oliver
Bought by
Francis Wendella Natasha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 28, 2005
Sold by
Kada Marketing Inc
Bought by
Francis Wendella

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 12, 2005
Sold by
Tinsley Keith
Bought by
Kada Marketing Inc

Purchase Details

Closed on
Jan 28, 1999
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Tinsley Keith A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,663
Interest Rate
6.5%
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
Katherine Johnston Revocable Trust -- None Listed On Document
Katherine Johnston Revocable Trust -- None Listed On Document
Johnston Katherine $460,000 Priority Title
Francis Wendella Natasha -- Lawyers Title Company
Francis Wendella $340,000 Lawyers Title Company
Kada Marketing Inc -- --
Tinsley Keith A $98,500 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Francis Wendella Natasha $167,000
Previous Owner Francis Wendella $272,000
Previous Owner Tinsley Keith A $68,663
Closed Tinsley Keith A $24,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2022 03/25/22 Sold $460,000 +1.1% $425 / Sq Ft
02/15/2022 02/15/22 Pending -- -- --
02/10/2022 02/10/22 For Sale $455,000 -- $421 / 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 $6,166 $511,826 $268,072 $243,754
2024 $6,166 $478,583 $250,632 $227,951
2023 $6,134 $469,200 $245,718 $223,482
2022 $5,044 $383,000 $245,000 $138,000
2021 $5,018 $383,000 $245,000 $138,000
2020 $4,951 $383,000 $245,000 $138,000
2019 $4,949 $356,000 $228,000 $128,000
2018 $3,818 $282,000 $181,000 $101,000
2016 $3,246 $255,000 $164,000 $91,000
2015 $3,104 $255,000 $164,000 $91,000
2014 $2,730 $210,000 $135,200 $74,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB22026757

California Regional Multiple Listing Service (CRMLS)

APN: 7103-016-016