NOT LISTED FOR SALE

16211 Downey Ave Unit 93 Paramount, CA 90723

Paramount Area

Estimated Value: $426,766

1 Bed
1 Bath
776 Sq Ft
7.57 Acre Lot

Sale Details

Date Sold: August 31, 2018

Last sale price $281,000 $362 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $3,105 / mo

9 Days on Market

Highlights

  • Spa
  • Gated Community
  • 7.57 Acre Lot
  • Primary Bedroom Suite
  • Pond View
  • Open Floorplan

About This Home

As of August 2018

Don't miss out on this light-filled condo in the wonderful Lake Terrace complex filled with streams, trees, a pool, a tennis court and so much more. This condo is the spacious upstairs 1 bedroom floor plan that has vaulted ceilings and a wrap-around patio. The living room has large windows and a sliding glass door that leads to the patio and private laundry room. It also has a fireplace, beautiful carpet, built-in bookcase and opens to the kitchen. The kitchen has a ton of cabinets, a dishwasher, stove and a new faucet. The master bedroom also has the vaulted ceilings, 2 cedar lined closets and a private bathroom. What is so nice about this end unit is the amount of light that fills all the rooms. This condo complex is busy updating the patios and rails with weather resistant materials and is always maintaining the grounds beautifully. This unit has one covered parking space and one uncovered parking space. Located close to shopping, schools, restaurants and freeways, it is a highly desirable complex to live in. These units do not last!! Come and see quickly!!

Last Agent to Sell the Property

Gretta Sheffer Minnema

College Park Realty, Inc License #00981062 Listed on: 07/11/2018

College Park Realty, Inc

Last Buyer's Agent

Gretta Sheffer Minnema

College Park Realty, Inc License #00981062 Listed on: 07/11/2018

College Park Realty, Inc

Range of Values:

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Value Increase
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Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 1981

Lot Details

  • 7.57

HOA Fees

  • $345 Monthly HOA Fees

Property Views

  • Pond
  • Neighborhood

Home Design

  • Turnkey

Interior Spaces

  • 776 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Cathedral Ceiling
  • Window Screens
  • Entryway
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Breakfast Bar
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Tile Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 1 Bedroom
  • Primary Bedroom Suite
  • 1 Full Bathroom
  • Makeup or Vanity Space
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer Hookup

Home Security

Parking

  • 1 Open Parking Space
  • 2 Parking Spaces
  • 1 Carport Space
  • Parking Available
  • Automatic Gate
  • Guest Parking
  • Parking Lot
  • Assigned Parking

Outdoor Features

  • Spa
  • Wood Patio
  • Terrace
  • Exterior Lighting
  • Wrap Around Porch

Location

  • Property is near park and public transit
  • Urban Location

Additional Features

  • 1 Common Wall
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 7371
  • Assessor Parcel Number 7103016102

Community Details

Overview

  • 132 Units
  • Lake Terrace Community Association

Amenities

  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1981

Lot Details

7.57 Acres

HOA Fees

$345 per month

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • View: Yes
  • Zoning: PARM*
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7103016102
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 776.00 Square Feet
  • Interior Amenities: Built-in Features, Cathedral Ceiling(s), Open Floorplan, Tile Counters, Two Story Ceilings
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Area, Breakfast Counter / Bar, In Living Room
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 362.11
  • Room Type: Entry, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite
  • Spa Features: Association
  • Window Features: Screens
  • Bathroom Features: Bathtub, Shower In Tub, Exhaust Fan(s), Vanity Area
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • View: Neighborhood, Pond
  • Patio And Porch Features: Enclosed, Terrace, Wood, Wrap Around
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Guest, Parking Space
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Range Hood
  • Heating Type: Central
  • Laundry Features: Common Area, In Closet, Individual Room, Outside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 345.00
  • Association Fee Frequency: Monthly
  • Association Name: Lake Terrace Community
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit, Park Nearby, Walkstreet
  • 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: 7371

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

Listed on
Jul 11, 2018
Closed on
Jul 31, 2018
Sold by
Lee Ronald Dongill
Bought by
Seller's Agent
Gretta Sheffer Minnema
College Park Realty, Inc
Buyer's Agent
Gretta Sheffer Minnema
College Park Realty, Inc
List Price
$279,000
Sold Price
$281,000
Premium/Discount to List
$2,000
0.72%
Current Estimated Value
$426,766

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$145,766
Avg. Annual Appreciation
5.33%

Purchase Details

Closed on
Jun 9, 2010
Sold by
Walker Robyn
Bought by
Louzy Lorie M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,907
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 25, 2006
Sold by
Williams Eiko
Bought by
Walker Robyn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 31, 2003
Sold by
Martiaro Michael R
Bought by
Williams Eiko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,991
Interest Rate
5.54%
Mortgage Type
FHA
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
-- Lawyers Title
Louzy Lorie M $122,000 Fidelity National Title Co
Walker Robyn $265,000 Lawyers Title
Williams Eiko $126,000 Lawyers 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 $25,132
Open Hernandez Elizabeth $273,700
Closed Louzy Lorie M $127,000
Previous Owner Louzy Lorie M $118,907
Previous Owner Walker Robyn $265,000
Previous Owner Williams Eiko $116,991
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
08/31/2018 08/31/18 Sold $281,000 +0.7% $362 / Sq Ft
07/20/2018 07/20/18 Pending -- -- --
07/11/2018 07/11/18 For Sale $279,000 -- $360 / 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
2026 $4,210 $319,722 $180,455 $139,267
2025 $4,210 $313,454 $176,917 $136,537
2024 $4,072 $307,309 $173,449 $133,860
2023 $3,996 $301,285 $170,049 $131,236
2022 $3,887 $295,378 $166,715 $128,663
2021 $3,797 $289,588 $163,447 $126,141
2020 $3,712 $286,620 $161,772 $124,848
2019 $3,889 $281,000 $158,600 $122,400
2018 $2,042 $137,365 $27,471 $109,894
2016 $1,841 $132,033 $26,405 $105,628
2015 $1,744 $130,051 $26,009 $104,042
2014 $1,786 $127,504 $25,500 $102,004
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS18166817

California Regional Multiple Listing Service (CRMLS)

APN: 7103-016-102

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