Seller's Agent in 2019
Ruben Martinez
Fiduciary Real Estate Services
(714) 371-3269
164 Total Sales
16428 Georgia Ave Paramount, CA 90723
Estimated Value: $790,000 - $1,063,000
4
Beds
2
Baths
1,587
Sq Ft
$585/Sq Ft
Est. Value
About This Home
As of January 2019Take advantage of this investment opportunity in Paramount. Two units occupy a sizable 7,501 square foot lot. Ideal for homeowner to live in one unit and rent the other. Both units are 2 bed/1 bath, with the front unit having an attached garage and the back unit having a carport with alley access. The backyards for each property are separated so each tenant has maximum privacy and enjoyment. Both units have washer and dryers hook ups and separate meters. This property is conveniently located off the 91 and is adjacent with the cities of Long Beach and Bellflower. Don't let this property pass you by!
Last Agent to Sell the Property
Fiduciary Real Estate Services License #01027549 Listed on: 12/10/2018
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1941
Lot Details
- 7,501 Sq Ft Lot
- No Common Walls
- Private Yard
- Lawn
Parking
- 1 Car Garage
- 2 Carport Spaces
Home Design
- 1,587 Sq Ft Home
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
- Laundry in Kitchen
Additional Features
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Tax Lot 3
- Assessor Parcel Number 7103021007
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Gardener Expense $2,100
- Insurance Expense $1,215
- Maintenance Expense $2,554
- Trash Expense $435
- New Taxes Expense $7,601
- Operating Expense $13,905
- Gross Income $21,600
- Net Operating Income $14,112
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Dec 10, 2018
Closed on
Jan 7, 2019
Sold by
Stone Donna Kay and The Trent Family Living Trust
Bought by
Navarro Oen and Navarro Elizabeth
Seller's Agent
Ruben Martinez
Fiduciary Real Estate Services
Buyer's Agent
Wendy Tejeda
Century 21 Allstars
List Price
$625,000
Sold Price
$620,000
Premium/Discount to List
-$5,000
-0.8%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$308,615
Avg. Annual Appreciation
5.98%
Original Mortgage
$608,770
Outstanding Balance
$534,140
Interest Rate
4.5%
Mortgage Type
FHA
Estimated Equity
$394,475
Purchase Details
Closed on
Jun 14, 2018
Sold by
Trent Doyle Glendon and Trent Annie Korean
Bought by
Stone Donna Kay
Purchase Details
Closed on
Dec 11, 1996
Sold by
Trent Doyle G and Trent Annie Korean
Bought by
Trent Doyle G and Trent Annie K
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Navarro Oen | $620,000 | Fidelity National Title | |
| Stone Donna Kay | -- | None Available | |
| Trent Doyle G | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Navarro Oen | $608,770 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/23/2019 01/23/19 | Sold | $620,000 | -0.8% | $391 / Sq Ft |
| 01/02/2019 01/02/19 | Pending | -- | -- | -- |
| 12/10/2018 12/10/18 | For Sale | $625,000 | -- | $394 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $8,919 | $691,617 | $484,133 | $207,484 |
| 2024 | $8,919 | $678,057 | $474,641 | $203,416 |
| 2023 | $8,754 | $664,763 | $465,335 | $199,428 |
| 2022 | $8,521 | $651,729 | $456,211 | $195,518 |
| 2021 | $8,411 | $638,951 | $447,266 | $191,685 |
| 2020 | $8,224 | $632,400 | $442,680 | $189,720 |
| 2019 | $1,391 | $50,496 | $19,749 | $30,747 |
| 2018 | $1,199 | $49,507 | $19,362 | $30,145 |
| 2016 | $1,094 | $47,586 | $18,611 | $28,975 |
| 2015 | $1,054 | $46,872 | $18,332 | $28,540 |
| 2014 | $1,078 | $45,954 | $17,973 | $27,981 |
Source: Public Records
Agents Affiliated with this Home
-
Ruben Martinez
-
Logan Martinez
Seller Co-Listing Agent in 2019
Logan Martinez
Fiduciary Real Estate Services
(949) 273-8169
165 Total Sales
-
Wendy Tejeda
Buyer's Agent in 2019
Wendy Tejeda
Century 21 Allstars
(323) 383-3299
23 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC18290346
APN: 7103-021-007
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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