NOT LISTED FOR SALE

16211 Downey Ave Unit 98 Paramount, CA 90723

Estimated Value: $542,184 - $619,000

2 Beds
2 Baths
1,102 Sq Ft
$345/mo HOA Fee

Last Sold June 23, 2023

Last sale price $510,000 $463 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,867/month

Highlights

  • Pond View
  • Main Floor Bedroom
  • Tennis Courts
  • 7.57 Acre Lot
  • Community Pool
  • Laundry Room

About This Home

As of June 2023

Resort like community in the city of Paramount! This stunning 2 bedrooms, 2 bathroom condo is perfect for its peaceful and tranquil pound and stream. This downstairs unit has a spacious master bedroom with access to the outside patio leading to the an amazing view of the pond and stream. The second bedroom is on the other side with access to the second bathroom perfect for guest or in-laws. The kitchen is a good size with plenty of cabinetry and space. Living room is very spacious has access to the outside patio with view of stream and pond. There are laundry hook-ups outside the patio in a closet. Lake Terrace Community is a gated community.

Last Agent to Sell the Property

Laura Villescaz

Century 21 Allstars License #01300395 Listed on: 04/30/2023

Century 21 Allstars

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1981

Lot Details

  • 7.57

HOA Fees

  • $345 Monthly HOA Fees

Property Views

  • Pond
  • Creek or Stream

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,102 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

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 7103016107
  • $446 per year additional tax assessments

Community Details

Overview

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

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Year Built

Built in 1981

Lot Details

0

HOA Fees

$345 per month

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: PARM*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7103016107
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1102.00 Square Feet
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 462.79
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom

Exterior Features

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet, Outside
  • 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)
  • 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, Street Lights
  • Association Management: Action

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
  • TaxOtherAnnualAssessmentAmount: 446.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 9, 2023
Sold by
Eason Rodney Deandre
Bought by
Rodney D Eason And Hania C Tovar Living Trust and Eason
Current Estimated Value
$569,853

Purchase Details

Listed on
Apr 30, 2023
Closed on
May 22, 2023
Sold by
Williams Floyd
Bought by
Eason Rodney D
Seller's Agent
Laura Villescaz
Century 21 Allstars
List Price
$505,000
Sold Price
$510,000
Premium/Discount to List
$5,000
0.99%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.22%
Original Mortgage
$331,500
Interest Rate
6.35%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 10, 2012
Closed on
Feb 11, 2013
Sold by
Williams Eloise
Bought by
Williams Eloise and Williams Floyd
Seller's Agent
Edwin Baloloy
Real Broker
Buyer's Agent
Annette Johnson
Keller Williams Realty
List Price
$139,990
Sold Price
$142,000
Premium/Discount to List
$2,010
1.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.92%

Purchase Details

Listed on
Oct 10, 2012
Closed on
Oct 30, 2012
Sold by
16211 Downey Ave #98 Trust
Bought by
Williams Eloise
Seller's Agent
Edwin Baloloy
Real Broker
Buyer's Agent
Annette Johnson
Keller Williams Realty
List Price
$139,990
Sold Price
$142,000
Premium/Discount to List
$2,010
1.44%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,000
Interest Rate
3.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2012
Sold by
Hernandez Rudy
Bought by
16211 Downey Ave #98 Trust

Purchase Details

Closed on
Mar 28, 2008
Sold by
Robles Manuel
Bought by
Hernandez Rudy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$261,000
Interest Rate
6.11%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 11, 2003
Sold by
Jasso Salvador
Bought by
Jasso Sandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2003
Sold by
Martinez Victoria
Bought by
Castillo Salvador Jasso

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 28, 2001
Sold by
Martinez Victoria
Bought by
Martinez Victoria and Castillo Salvador Jasso

Purchase Details

Closed on
Apr 19, 1999
Sold by
Castillo Salvador Jasso
Bought by
Martinez Victoria

Purchase Details

Closed on
Feb 16, 1999
Sold by
Heimbaugh Richard M
Bought by
Martinez Victoria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,856
Interest Rate
6.98%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Rodney D Eason And Hania C Tovar Living Trust -- None Listed On Document
Eason Rodney D $510,000 Wfg National Title
Williams Floyd -- Wfg National Title
Williams Eloise -- None Available
Williams Eloise $142,000 Ticor Title
16211 Downey Ave #98 Trust -- None Available
Hernandez Rudy $290,000 United Title Company
Jasso Sandra -- First American Title
Castillo Salvador Jasso -- Multiple
Martinez Victoria -- --
Martinez Victoria -- Orange Coast Title
Martinez Victoria $112,500 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Eason Rodney D $331,500
Previous Owner Williams Eloise $112,000
Previous Owner Hernandez Rudy $261,000
Previous Owner Castillo Salvador Jasso $120,000
Previous Owner Martinez Victoria $109,856
Closed 16211 Downey Ave #98 Trust $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/23/2023 06/23/23 Sold $510,000 +1.0% $463 / Sq Ft
04/30/2023 04/30/23 For Sale $505,000 +255.6% $458 / Sq Ft
04/28/2023 04/28/23 Pending -- -- --
12/19/2012 12/19/12 Sold $142,000 +1.4% $129 / Sq Ft View Prior Sale
10/18/2012 10/18/12 Pending -- -- --
10/10/2012 10/10/12 For Sale $139,990 -- $127 / 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 $6,756 $530,603 $292,352 $238,251
2024 $6,756 $520,200 $286,620 $233,580
2023 $3,761 $273,073 $119,469 $153,604
2022 $3,661 $267,720 $117,127 $150,593
2021 $2,367 $161,537 $32,303 $129,234
2020 $2,317 $159,881 $31,972 $127,909
2019 $2,417 $156,747 $31,346 $125,401
2018 $2,259 $153,675 $30,732 $122,943
2016 $2,032 $147,710 $29,540 $118,170
2015 $1,924 $145,492 $29,097 $116,395
2014 $1,971 $142,643 $28,528 $114,115
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW23072729

California Regional Multiple Listing Service (CRMLS)

APN: 7103-016-107