NOT LISTED FOR SALE

16211 Downey Ave Unit 75 Paramount, CA 90723

Paramount Area

Estimated Value: $431,707

1 Bed
1 Bath
776 Sq Ft
7.57 Acre Lot

Sale Details

Date Sold: November 14, 2022

Last sale price $415,000 $535 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,192 / mo

30 Days on Market

Highlights

  • 7.57 Acre Lot
  • Community Pool
  • Laundry closet
  • Creek or Stream View
  • Tennis Courts
  • Central Heating and Cooling System

About This Home

As of November 2022

Beautiful resort style second floor unit in the Lake Terrace Condo community. The community offers the soothing sounds of unique streams, water falls, ponds and serine walking paths. Perfect for that first time buyer that can't quite yet afford the payments of the higher priced single family homes in the area. HOA includes a community pool, jacuzzi, and a giant tennis court. The new owner will have 2 reserved parking spaces conveniently located near the condo entrance. Enjoy the benefits of Southern California weather while you relax on the spacious patio/deck located right next to the living room and dining area. Washer and dryer are also located in the patio area and tastefully tucked away, preventing any disturbance from the flow of the patio area.

Last Agent to Sell the Property

Maria Palacios

Coldwell Banker Envision License #01378393 Listed on: 10/03/2022

Coldwell Banker Envision

Last Buyer's Agent

Argenis Hernandez

Keller Williams Coastal Prop. License #02154683

Keller Williams Coastal Prop.
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 1981

Lot Details

  • 7.57

HOA Fees

  • $345 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 776 Sq Ft Home
  • 2-Story Property
  • Gas Fireplace
  • Entryway
  • Family Room
  • Living Room with Fireplace
  • Creek or Stream Views
  • Laundry closet

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Additional Features

  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 39226
  • Assessor Parcel Number 7103016084

Community Details

Overview

  • 118 Units
  • Lake Terrace Association, Phone Number (562) 433-0934
  • Action Management Lb HOA

Amenities

  • Laundry Facilities

Recreation

  • Tennis Courts
  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1981

Lot Details

7.57 Acres

HOA Fees

$345 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: PARM*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7103016084
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 776.00 Square Feet
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 534.79
  • Room Type: Entry, Family Room

Exterior Features

  • View: Creek/Stream
  • Pool Features: Association, Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Tennis Court(s), Trash, Water
  • Association Fee: 345.00
  • Association Fee Frequency: Monthly
  • Association Name: Lake Terrace
  • Phone: 562-433-0934
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Action Management LB

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: 118
  • Number Of Units Total: 118

Tax Info

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

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

Closed on
Sep 3, 2025
Sold by
Bought by
Current Estimated Value
$431,707

Purchase Details

Listed on
Oct 3, 2022
Closed on
Oct 20, 2022
Sold by
Bought by
Seller's Agent
Maria Palacios
Coldwell Banker Envision
Buyer's Agent
Argenis Hernandez
Keller Williams Coastal Prop.
List Price
$415,000
Sold Price
$415,000
Views
37

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.07%
Original Mortgage
$332,000
Interest Rate
6.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2011
Sold by
Bought by

Purchase Details

Closed on
Apr 17, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,600
Interest Rate
6.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 9, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,315
Interest Rate
6.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 5, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,315
Interest Rate
6.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 29, 1997
Sold by
Bought by

Purchase Details

Closed on
Oct 11, 1996
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Paramount, CA

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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
-- None Listed On Document
$415,000 Orange Coast Title
-- Title 365
$120,000 Lsi Title Company Inc
$84,000 None Available
-- Progressive Title
-- Commonwealth
-- Commonwealth
$62,500 Investors Title Company
$51,000 Stewart 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 $332,000
Previous Owner $332,000
Previous Owner $210,000
Previous Owner $30,000
Previous Owner $160,000
Previous Owner $136,000
Previous Owner $114,000
Previous Owner $165,600
Previous Owner $137,315
Previous Owner $137,315
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
11/14/2022 11/14/22 Sold $415,000 0.0% $535 / Sq Ft
11/02/2022 11/02/22 Pending -- -- --
10/03/2022 10/03/22 For Sale $415,000 -- $535 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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
2025 $5,638 $431,765 $279,035 $152,730
2024 $5,476 $423,300 $273,564 $149,736
2023 $5,373 $415,000 $268,200 $146,800
2022 $2,129 $142,024 $28,402 $113,622
2021 $2,081 $139,241 $27,846 $111,395
2019 $2,123 $135,113 $27,021 $108,092
2018 $1,982 $132,465 $26,492 $105,973
2016 $1,788 $127,323 $25,464 $101,859
2015 $1,694 $125,411 $25,082 $100,329
2014 $1,735 $122,955 $24,591 $98,364
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS22214395

California Regional Multiple Listing Service (CRMLS)

APN: 7103-016-084

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