NOT LISTED FOR SALE

16211 Downey Ave Unit 74 Paramount, CA 90723

Estimated Value: $419,000 - $463,000

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

Last Sold March 08, 2021

Last sale price $337,000 $434 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,136/month

6 Days on Market

Highlights

  • River View
  • Community Lake
  • Community Pool
  • 7.57 Acre Lot
  • End Unit
  • Tennis Courts

About This Home

As of March 2021

This home is located at 16211 Downey Ave Unit 74, Paramount, CA 90723 since 28 January 2021 and is currently estimated at $431,862, approximately $556 per square foot. This property was built in 1981. 16211 Downey Ave Unit 74 is a home located in Los Angeles County with nearby schools including Lincoln Elementary School, Alondra Middle School, and Paramount High School.

Last Listed By

Aimee Chilton

eXp Realty of California Inc License #02081202 Listed on: 01/28/2021

eXp Realty of California Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,766

Year Built

  • Built in 1981

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $345 Monthly HOA Fees

Parking

  • 1 Open Parking Space
  • 1 Car Garage
  • 1 Carport Space
  • Parking Available
  • Assigned Parking

Property Views

  • River
  • Pond

Interior Spaces

  • 776 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Pest Guard System
  • Six Burner Stove
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Additional Features

  • Rain Gutters
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 39226
  • Assessor Parcel Number 7103016083

Community Details

Overview

  • 132 Units
  • Lake Terrace Association, Phone Number (562) 433-0934
  • Maintained Community
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,766

Year Built

Built in 1981

Lot Details

0

HOA Fees

$345 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: PARM*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7103016083
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 776.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall, End Unit
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 434.28
  • Room Type: Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom

Exterior Features

  • View: Pond, River, Water
  • Pool Features: Association, Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove
  • Heating Type: Central
  • Laundry Features: Individual Room
  • 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), Pest Control, Maintenance Grounds, Trash, Pets Permitted, Controlled Access
  • Association Fee: 345.00
  • Association Fee Frequency: Monthly
  • Association Name: Lake Terrace
  • Phone: 562-433-0934
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Gutters, Lake
  • Association Management: Lake Terrace

Schools

  • School District: Paramount Unified

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: 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

Listed on
Jan 28, 2021
Closed on
Feb 25, 2021
Sold by
Escueta Jesse Umali
Bought by
Dela Cruz Helen Marie Francisco
Seller's Agent
Aimee Chilton
eXp Realty of California Inc
List Price
$315,000
Sold Price
$337,000
Premium/Discount to List
$22,000
6.98%
Total Days on Market
6
Current Estimated Value
$431,862

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$94,862
Avg. Annual Appreciation
6.14%
Original Mortgage
$306,375
Outstanding Balance
$277,746
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$154,116

Purchase Details

Listed on
Oct 19, 2017
Closed on
Oct 27, 2017
Sold by
Austin Susan E
Bought by
Escueta Jesse Umali
Seller's Agent
Elaine King
First Team Real Estate
Buyer's Agent
Elaine King
First Team Real Estate
List Price
$255,000
Sold Price
$258,000
Premium/Discount to List
$3,000
1.18%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.40%

Purchase Details

Closed on
Oct 21, 2013
Sold by
Mcconnell Laura A
Bought by
Mcconnell Laura A and Laura A Mcconnell Living Trust

Purchase Details

Closed on
May 10, 2004
Sold by
Laws Richard L
Bought by
Mcconnell Laura A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 18, 2003
Sold by
Laws Richard L
Bought by
Laws Richard L and Laws Connie Irene

Range of Values:

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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
Dela Cruz Helen Marie Francisco $337,000 Clearmark Title
Escueta Jesse Umali $258,000 Western Resources Title Co
Mcconnell Laura A -- None Available
Mcconnell Laura A $175,000 First American Title Co
Laws Richard L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dela Cruz Helen Marie Francisco $306,375
Previous Owner Mcconnell Laura A $105,600
Previous Owner Mcconnell Laura A $125,000
Previous Owner Mcconnell Laura A $125,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/08/2021 03/08/21 Sold $337,000 +7.0% $434 / Sq Ft
02/04/2021 02/04/21 Pending -- -- --
02/04/2021 02/04/21 For Sale $315,000 -6.5% $406 / Sq Ft
02/01/2021 02/01/21 Off Market $337,000 -- --
01/28/2021 01/28/21 For Sale $315,000 +22.1% $406 / Sq Ft
11/15/2017 11/15/17 Sold $258,000 +1.2% $332 / Sq Ft
10/25/2017 10/25/17 Pending -- -- --
10/09/2017 10/09/17 For Sale $255,000 -- $329 / 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
2024 $4,766 $357,625 $226,567 $131,058
2023 $4,678 $350,614 $222,125 $128,489
2022 $4,552 $343,740 $217,770 $125,970
2021 $3,577 $271,201 $143,064 $128,137
2020 $3,497 $268,422 $141,598 $126,824
2019 $3,662 $263,160 $138,822 $124,338
2018 $3,509 $258,000 $136,100 $121,900
2017 $2,852 $214,373 $116,374 $97,999
2016 $2,339 $183,000 $99,300 $83,700
2015 $2,240 $183,000 $99,300 $83,700
2014 $2,063 $159,000 $86,300 $72,700
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21017880

California Regional Multiple Listing Service (CRMLS)

APN: 7103-016-083