NOT LISTED FOR SALE

16211 Downey Ave Unit 79 Paramount, CA 90723

Estimated Value: $430,288 - $470,000

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

Last Sold June 30, 2021

Last sale price $359,500 $447 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $3,121/month

5 Days on Market

Highlights

  • Unit is on the top floor
  • Automatic Gate
  • View of Trees or Woods
  • Heated In Ground Pool
  • Gated Community
  • 7.57 Acre Lot

About This Home

As of June 2021

Welcome Home to beautiful Lake Terrace. This one bedroom gem is an upstairs unit with no one above or below you. Enjoy your spacious living area with cathedral ceilings, stand alone fireplace, and a separate dining area. A slider and three additional windows gives these rooms lots of natural light. Your kitchen has granite counters, lots of cupboard space, newer black appliances, porcelain tile, another eating area that could be used as an office, and a slider to the patio. This home has a large master suite with a walk in closet with built in shelves and a separate vanity area with a large skylight in addition to a tub & shower combo. Your full size laundry room is located inside the home, off the kitchen area. Step outside to your large private semi covered patio and enjoy outdoor living at its best. You have room for a seating and eating area on the patio and you have access from the kitchen and the living room sliders. Lake Terrace is 7+ acres of meandering walkways, trees, streams, and waterfalls with a pool, spa, and tennis court for your enjoyment. Fantastic location close to shopping, restaurants, schools, and freeways.

Last Agent to Sell the Property

Robert Shanahan

Equity Union License #01315709 Listed on: 05/26/2021

Equity Union

Last Buyer's Agent

Jordan Kassis

Kassis Investment Company Inc License #01910122

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1981

Lot Details

  • End Unit
  • South Facing Home
  • Gated Home

HOA Fees

  • $345 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor
  • Wood Siding
  • Stucco

Interior Spaces

  • 804 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Cathedral Ceiling
  • Skylights
  • Track Lighting
  • Circular Fireplace
  • Wood Burning Fireplace
  • Free Standing Fireplace
  • Raised Hearth
  • Vertical Blinds
  • Window Screens
  • Living Room with Fireplace
  • Dining Area
  • Views of Woods

Kitchen

  • Galley Kitchen
  • Oven or Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • Walk-In Closet
  • 1 Full Bathroom
  • Low Flow Toliet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

Parking

  • 2 Parking Spaces
  • 1 Carport Space
  • Side by Side Parking
  • Automatic Gate
  • Guest Parking
  • Assigned Parking

Pool

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

Outdoor Features

  • Balcony
  • Open Patio

Location

  • Unit is on the top floor

Utilities

  • Central Heating and Cooling System
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 7103-016-088

Community Details

Overview

  • Association fees include trash, water and sewer paid
  • 132 Units
  • Action Property Management Association
  • Maintained Community
  • Community Lake

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Card or Code 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

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Levels: Top Level, One
  • Street Number Display: Yes
  • Complex Name: Lake Terrace
  • Entry Floor: 2
  • Living Area: 804
  • Lot Acreage: 7.5680
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 2
  • Year Built: 1981
  • Builders Tract Name: Lake Terrace
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Beamed Ceiling(s), Cathedral-Vaulted Ceilings, Track Lighting
  • Fireplace Rooms: Wood Burning, Raised Hearth, Living Room, Free Standing, Circular
  • Flooring: Carpet, Tile
  • Appliances: Gas
  • Bedrooms: 1
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Bedroom Features: WalkInCloset
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower Over Tub, Low Flow Toilet(s), Tile
  • Three Quarter Bathrooms: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Granite Counters, Galley Kitchen
  • Laundry: In Unit, Laundry Area
  • Total Bathrooms: 1.00
  • Equipment: Dishwasher, Garbage Disposal, Microwave, Range/Oven, Refrigerator, Gas Dryer Hookup
  • Fireplace: Yes
  • Price Per S Q F T: 407.34
  • Windows: Skylights, Screens, Vertical Blinds

Exterior Features

  • Direction Faces: South
  • Construction: Stucco, Wood Siding
  • Other Features: Balcony, High Ceilings (9 Feet+), End Unit
  • Tennis Court: North/South, Community
  • Tennis Court Y/N: Yes
  • Pool Description: Association Pool, Heated, In Ground, Fenced, Community
  • Pool: Yes
  • Spa: Association Spa, Community, In Ground, Heated
  • Spa Yn: Yes
  • View: Trees/Woods
  • View: Yes

Garage/Parking

  • Carport Spaces: 1
  • Covered Parking: 1
  • Parking Garage: Assigned, Carport, Covered Parking, Parking Space, Parking for Guests - Onsite, Side By Side
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Gated, Smoke Detector
  • Sewer: In Street

Association/Amenities

  • Amenities: Assoc Maintains Landscape, Assoc Pet Rules, Lake or Pond, Guest Parking, Gated Parking, Gated Community, Pool, Spa, Tennis Courts
  • Pet Rules: Assoc Pet Rules, Call, Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Trash, Water and Sewer Paid
  • HOA Fees: 345.00
  • Management Company: Action Property Management
  • Mgmt Co Phone: 5624330934|
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 7103-016-088
  • Lot Location: Corner Lot
  • Lot Size Area: 329662

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 132

MLS Schools

  • School District: Paramount Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 26, 2021
Closed on
Jul 30, 2021
Sold by
Natasha Francis Wendella and Olive Kenrick
Bought by
Francis Wendella Natasha
Seller's Agent
Robert Shanahan
Equity Union
Buyer's Agent
Jordan Kassis
Kassis Investment Company Inc
List Price
$327,500
Sold Price
$359,500
Premium/Discount to List
$32,000
9.77%
Current Estimated Value
$447,072

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,572
Avg. Annual Appreciation
4.98%

Purchase Details

Closed on
Mar 5, 2020
Sold by
Jaramillo John
Bought by
Jaramillo John R and The John R Jaramillo Revocable

Purchase Details

Listed on
Dec 4, 2011
Closed on
Dec 10, 2012
Sold by
Logan Warnetta N
Bought by
Jaramillo John
Seller's Agent
William Hayworth
Keller Williams Larchmont
Buyer's Agent
Sheila Duke
List Price
$99,000
Sold Price
$110,000
Premium/Discount to List
$11,000
11.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.35%

Purchase Details

Closed on
Apr 13, 2006
Sold by
Swain Smith Marvin and Swain Annette W
Bought by
Logan Warnetta N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,050
Interest Rate
6.35%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 30, 2003
Sold by
Eligan Richard and Eligan Delores
Bought by
Swain Smith Marvin

Purchase Details

Closed on
Jul 18, 2003
Sold by
Eligan Richard and Eligan Delores
Bought by
Eligan Richard

Purchase Details

Closed on
Apr 18, 2000
Sold by
Roberts Jim
Bought by
Eligan Richard
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Francis Wendella Natasha -- Lawyers Title
Jaramillo John R -- None Available
Jaramillo John $110,000 Stewart Title Of California
Logan Warnetta N $265,000 Commonwealth Land Title
Swain Smith Marvin -- --
Eligan Richard -- --
Eligan Richard -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Logan Warnetta N $257,050
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/30/2021 06/30/21 Sold $359,500 +9.8% $447 / Sq Ft
05/31/2021 05/31/21 Pending -- -- --
05/26/2021 05/26/21 For Sale $327,500 +197.7% $407 / Sq Ft
12/14/2012 12/14/12 Sold $110,000 +11.1% $137 / Sq Ft View Prior Sale
04/13/2012 04/13/12 For Sale $99,000 0.0% $123 / Sq Ft
04/13/2012 04/13/12 Price Changed $99,000 -10.0% $123 / Sq Ft
04/04/2012 04/04/12 Off Market $110,000 -- --
12/04/2011 12/04/11 For Sale $105,000 -- $131 / Sq Ft
Source: The MLS

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 $5,120 $381,502 $241,424 $140,078
2024 $4,966 $374,023 $236,691 $137,332
2023 $4,874 $366,690 $232,050 $134,640
2022 $4,743 $359,500 $227,500 $132,000
2021 $1,913 $125,132 $25,023 $100,109
2020 $1,874 $123,850 $24,767 $99,083
2019 $1,951 $121,423 $24,282 $97,141
2018 $1,820 $119,043 $23,806 $95,237
2016 $1,643 $114,423 $22,883 $91,540
2015 $1,558 $112,705 $22,540 $90,165
2014 $1,596 $110,498 $22,099 $88,399
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Robert Shanahan

    Equity Union

    (760) 774-7501

    2 in this area

    40 Total Sales

    Robert Shanahan
    Section Image

  • J

    Buyer's Agent in 2021

    Jordan Kassis

    Kassis Investment Company Inc

  • K

    Buyer's Agent in 2021

    Kristina Fruneaux

  • W

    Seller's Agent in 2012

    William Hayworth

    Keller Williams Larchmont

    Section Image

  • S

    Buyer's Agent in 2012

    Sheila Duke

See All Agents

Map

Source: The MLS

MLS Number: 21-736194

The MLS

APN: 7103-016-088

California Los Angeles County Paramount 90723

16211 Downey Ave Unit 79, Paramount, CA

Not Listed for Sale

Condos

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