NOT LISTED FOR SALE

16211 Downey Ave Unit 85 Paramount, CA 90723

Estimated Value: $439,148 - $468,000

1 Bed
1 Bath
804 Sq Ft
$375/mo HOA Fee

Last Sold March 25, 2022

Last sale price $405,000 $504 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $3,188/month

4 Days on Market

Highlights

  • 24-Hour Security
  • Gated Community
  • 7.57 Acre Lot
  • Heated In Ground Pool
  • City Lights View
  • High Ceiling

About This Home

As of March 2022

Beautiful 1 bedroom 1 bath condo in a beautiful community. Enter and notice how the natural light floods the entryway. Down the entryway and to the left you will find the kitchen which features recessed lighting, stainless steel appliances, tile flooring, and a breakfast bar that separates the kitchen from the living room in a way that still feels open and airy. The living room features high ceilings, a gas fireplace, 2 windows, and a sliding glass door for even more light, and access to the patio deck. Circling back towards the entrance of the unit, you will find the bedroom with an master bathroom. The condo community is a quiet oasis, who's trees, pond, and pool make you feel like you are somewhere far away, when in reality you are minutes away from freeway access, schools, and shopping. This property is a gem, don't miss out!

Last Agent to Sell the Property

George Guerrero

Advantage Real Estate License #01345388 Listed on: 02/05/2022

Last Buyer's Agent

Zaida Silva

PACIFIC REALTY CENTER

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1981

Lot Details

  • 7.57

HOA Fees

  • $375 Monthly HOA Fees

Parking

  • 1 Open Parking Space
  • 1 Car Garage
  • 1 Attached Carport Space
  • Parking Available
  • Automatic Gate
  • Assigned Parking

Home Design

  • Turnkey
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 804 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Room
  • City Lights Views

Kitchen

  • Eat-In Galley Kitchen
  • Built-In Range
  • Microwave
  • Ice Maker
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Tile Countertops

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom
  • Quartz Bathroom Countertops
  • Dual Sinks
  • Low Flow Toliet
  • Bathtub with Shower
  • Low Flow Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Washer Hookup

Home Security

Pool

  • Heated In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting
  • Front Porch

Additional Features

  • 1 Common Wall
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 39226
  • Assessor Parcel Number 7103016094
  • $412 per year additional tax assessments

Community Details

Overview

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

Amenities

  • Outdoor Cooking Area
  • Picnic Area

Recreation

  • Community Playground
  • Community Pool
  • Community Spa

Security

  • 24-Hour Security
  • Controlled Access
  • Gated Community
  • Carbon Monoxide Detectors

Property Details

Home Type

Condominium

Year Built

Built in 1981

Lot Details

0

HOA Fees

$375 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Security: 24 Hour Security, Automatic Gate, Carbon Monoxide Detector(s), Gated Community
  • View: Yes
  • Zoning: PARM*
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7103016094
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 804.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), High Ceilings, Stone Counters, Tile Counters
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 503.73
  • Room Type: Galley Kitchen, Kitchen, Laundry, Living Room
  • Spa Features: Private, Association, Community, In Ground
  • Bathroom Features: Bathtub, Low Flow Shower, Low Flow Toilet(s), Shower In Tub, Double Sinks In Bath(s), Exhaust Fan(s), Quartz Counters
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: City Lights
  • Patio And Porch Features: Patio, Front Porch
  • Pool Features: Association, Community, Heated, In Ground
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, ENERGY STAR Qualified Appliances, Ice Maker, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: In Closet, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Outdoor Cooking Area, Picnic Area, Playground, Trash, Security, Controlled Access
  • Association Fee: 375.00
  • Association Fee Frequency: Monthly
  • Association Name: Lake Terrace
  • Phone: 562-433-0934
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, 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
  • Latitude Manual: 33.88596100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 329662.0000 Square Feet
  • Number Of Units In Community: 225
  • Number Of Units Total: 134

Tax Info

  • Tax Census Tract: 5539.02
  • Tax Lot: 1
  • Tax Tract Number: 39226
  • TaxOtherAnnualAssessmentAmount: 412.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 5, 2022
Closed on
Feb 17, 2022
Sold by
Jamesa Lovett Lina and Jamesa Clydean
Bought by
Godinez Bradley Jules and Godinez Ines
Seller's Agent
George Guerrero
Advantage Real Estate
Buyer's Agent
Zaida Silva
PACIFIC REALTY CENTER
List Price
$399,999
Sold Price
$405,000
Premium/Discount to List
$5,001
1.25%
Current Estimated Value
$450,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$45,037
Avg. Annual Appreciation
2.84%
Original Mortgage
$384,750
Outstanding Balance
$358,836
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$91,201

Purchase Details

Closed on
Feb 9, 2006
Sold by
Johnson Robert Glen and Johnson Suzanne Marie
Bought by
Lovett Lina Jamesa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,255
Interest Rate
6.46%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Godinez Bradley Jules $405,000 First American Title Company O
Lovett Lina Jamesa $257,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Godinez Bradley Jules $384,750
Previous Owner Lovett Lina Jamesa $220,255
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2022 03/25/22 Sold $405,000 +1.3% $504 / Sq Ft
02/09/2022 02/09/22 Pending -- -- --
02/05/2022 02/05/22 For Sale $399,999 -- $498 / 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 $5,454 $429,787 $263,497 $166,290
2024 $5,454 $421,361 $258,331 $163,030
2023 $5,436 $413,100 $253,266 $159,834
2022 $3,932 $299,000 $58,200 $240,800
2021 $3,912 $299,000 $58,200 $240,800
2019 $3,929 $284,000 $55,300 $228,700
2018 $3,462 $261,000 $50,800 $210,200
2016 $2,351 $184,000 $35,800 $148,200
2015 $2,251 $184,000 $35,800 $148,200
2014 $2,086 $161,000 $31,300 $129,700
Source: Public Records

Agents Affiliated with this Home

  • George Guerrero

    Seller's Agent in 2022

    George Guerrero

    Advantage Real Estate

    (909) 702-3114

    2 in this area

    35 Total Sales

    George Guerrero
    Section Image

  • Z

    Buyer's Agent in 2022

    Zaida Silva

    PACIFIC REALTY CENTER

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR22023176

California Regional Multiple Listing Service (CRMLS)

APN: 7103-016-094

California Los Angeles County Paramount 90723

16211 Downey Ave Unit 85, Paramount, CA

Not Listed for Sale

Condos

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