NOT LISTED FOR SALE

16211 Downey Ave Unit 72 Paramount, CA 90723

Estimated Value: $591,000 - $644,000

2 Beds
1.5 Baths
1,332 Sq Ft
$345/mo HOA Fee

Last Sold April 27, 2022

Last sale price $555,000 $417 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,186/month

8 Days on Market

Highlights

  • Spa
  • View of Trees or Woods
  • Community Lake
  • No Units Above
  • 7.57 Acre Lot
  • Traditional Architecture

About This Home

As of April 2022

Welcome home to the serene community of Lakeview Terrace. As soon as you drive through the gated entrance, you will feel as if you just entered a different world. Wake up to the beautiful view of ducks swimming in the pond from your private patio or upstairs balcony. Walking into this charming two bedroom and one and one-half bathroom condo you’ll notice the natural light flooding into the home. The living room boasts high vaulted ceilings with rich vinyl-wood flooring and a cozy gas fireplace for the colder winter months. The kitchen features tile counters, plenty of wood cabinetry and an area that can be used as a breakfast bar. The dining area is right off the kitchen with views of your private, covered patio that can be accessed through the sliding door. Completing the main floor is a half bathroom just off the stairs and the attached 2-car garage with washer and dryer. Upstairs you will find two spacious bedrooms both with their own private balconies for you to enjoy your morning coffee taking in the peaceful views and sounds of the community pond and trees. The master suite has a full bathroom with a shower in tub combination, a separate private bathroom, 2 full-size sliding mirrored closets. Take advantage of the community perks this coming summer at the tennis courts, pool or spa! Centrally located only minutes away from freeways, schools, shopping and restaurants.

Last Agent to Sell the Property

Shaun Radcliffe

First Team Real Estate License #01923712 Listed on: 03/15/2022

First Team Real Estate

Co-Listed By

Jordan Kennedy

Real Broker License #02096810

Last Buyer's Agent

Phil Mazzocco

First Team Real Estate License #01775256

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1981

Lot Details

  • No Units Above
  • No Units Located Below
  • Two or More Common Walls

HOA Fees

  • $345 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Single Garage Door
  • Garage Door Opener

Property Views

  • Woods
  • Creek or Stream
  • Neighborhood

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,332 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Family Room with Fireplace
  • Dining Room

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Gas Range
  • Microwave
  • Tile Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

Outdoor Features

  • Spa
  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 39226
  • Assessor Parcel Number 7103016081

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Security

  • Card or Code Access
  • 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: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Card/Code Access, Smoke Detector(s)
  • View: Yes
  • Zoning: PARM*
  • Architectural Style: Traditional
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7103016081
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1332.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), High Ceilings, Tile Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Above, No One Below
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Family Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 416.67
  • Room Type: Family Room, Kitchen
  • Spa Features: Association
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • View: Creek/Stream, Neighborhood, Trees/Woods
  • Patio And Porch Features: Covered
  • Pool Features: Association
  • Pool Private: No
  • Roof: Asphalt, Shingle
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Single Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Oven, Gas Range, Microwave
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: In Garage
  • 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: Lakeview Terrace
  • Phone: 562-433-0934
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Lake, Sidewalks, Street Lights
  • Association Management: Action Management

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: 224
  • Number Of Units Total: 1

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
Dec 23, 2002
Sold by
Hare Daniel J and Hare Joanne
Bought by
Finkelstein Alice I
Current Estimated Value
$616,070

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
5.76%

Purchase Details

Closed on
Dec 24, 2001
Sold by
Hare Daniel J
Bought by
Hare Daniel J

Purchase Details

Closed on
Jun 15, 1993
Sold by
Ruthven Rosemary B
Bought by
Hare Edward R
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
Finkelstein Alice I $205,000 North American Title Co
Hare Daniel J -- --
Hare Edward R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Finkelstein Alice I $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2022 04/27/22 Sold $555,000 +11.2% $417 / Sq Ft
03/23/2022 03/23/22 Pending -- -- --
03/15/2022 03/15/22 For Sale $499,000 -- $375 / 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 $7,464 $588,969 $326,214 $262,755
2024 $7,464 $577,421 $319,818 $257,603
2023 $7,324 $566,100 $313,548 $252,552
2022 $3,821 $279,760 $80,513 $199,247
2021 $3,731 $274,276 $78,935 $195,341
2019 $3,821 $266,144 $76,595 $189,549
2018 $3,576 $260,927 $75,094 $185,833
2016 $3,209 $250,797 $72,179 $178,618
2015 $3,029 $247,030 $71,095 $175,935
2014 $2,617 $199,000 $57,300 $141,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22047897

California Regional Multiple Listing Service (CRMLS)

APN: 7103-016-081