NOT LISTED FOR SALE

16601 Lake Ave Paramount, CA 90723

Estimated Value: $702,000 - $910,000

5 Beds
2 Baths
1,348 Sq Ft
$591/Sq Ft Est. Value

Last Sold July 10, 2015

Last sale price $418,000 $310 Per Sq Ft

Est. 91% increase in value since last sale

Current estimated payment $4,732/month

50 Days on Market

Highlights

  • Private Yard
  • Living Room
  • Central Heating
  • No HOA

About This Home

As of July 2015

Perfect Home for a BIG FAMILY ....5 bedroom/2bath home. This lovely 2 story home features 2 of the bedrooms & 1 full bath downstairs. With wood laminate flooring throughout the living room & dining area. Also, has newer double pane windows in the home. Kitchen has tile, newer custom cabinets & granite counter tops. Most of the bedrooms feature ceiling fans & newer carpet. Backyard has plenty of space for entertaining and with fruit trees. Detached garage and driveway entry. This home is located in a highly desirable area of Paramount near Civic Center, downtown, shopping, parks, school, freeways & public transportation. This home will not last...

Last Agent to Sell the Property

Tina Louise Sanchez

Century 21 Allstars License #01783329 Listed on: 04/30/2015

Century 21 Allstars

Last Buyer's Agent

Diana Hernandez

Century 21 Allstars License #01814655

Century 21 Allstars

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1913

Lot Details

  • 5,402 Sq Ft Lot
  • Private Yard

Parking

  • 2 Car Garage

Interior Spaces

  • 1,348 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 47
  • Tax Tract Number 7811
  • Assessor Parcel Number 7102029015

Home Details

Home Type

Single Family

Year Built

Built in 1913

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7102029015
  • Year Built: 1913
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1348.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Levels: Two
  • Price Per Square Foot: 310.09
  • Room Type: Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 5402.00
  • Price Per Lot Square Foot: 77.38
  • Lot Size Acres: 0.1240

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5402.0000 Square Feet
  • Number Of Units In Community: 1

Tax Info

  • Tax Lot: 47
  • Tax Tract Number: 7811

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2015
Closed on
May 29, 2015
Sold by
Patel Bharatbhai
Bought by
Manzo Arturo Yepez and Rodriguez Josephine
Seller's Agent
Tina Louise Sanchez
Century 21 Allstars
Buyer's Agent
Diana Hernandez
Century 21 Allstars
List Price
$435,000
Sold Price
$418,000
Premium/Discount to List
-$17,000
-3.91%
Current Estimated Value
$796,299

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,299
Avg. Annual Appreciation
6.35%
Original Mortgage
$410,428
Outstanding Balance
$318,792
Interest Rate
3.83%
Mortgage Type
FHA
Estimated Equity
$477,507

Purchase Details

Listed on
Nov 4, 2013
Closed on
Dec 16, 2013
Sold by
Patel Hiralben
Bought by
Patel Rakesh
Seller's Agent
Jesse Reyes
Re/Max Top Producers
Buyer's Agent
Jesse Reyes
Re/Max Top Producers
List Price
$340,000
Sold Price
$355,000
Premium/Discount to List
$15,000
4.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.12%
Original Mortgage
$284,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 4, 2013
Closed on
Nov 14, 2013
Sold by
Christensen Jay D
Bought by
Patel Bharatbhai and Patel Nirmalaben
Seller's Agent
Jesse Reyes
Re/Max Top Producers
Buyer's Agent
Jesse Reyes
Re/Max Top Producers
List Price
$340,000
Sold Price
$355,000
Premium/Discount to List
$15,000
4.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
4.32%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 2, 2013
Closed on
Jul 31, 2013
Sold by
Lozano Ruben
Bought by
The Christensen & Auer 401K Trust
Seller's Agent
Jesse Reyes
Re/Max Top Producers
Buyer's Agent
Christian Fuentes
RE/MAX TOP PRODUCERS
List Price
$175,000
Sold Price
$190,000
Premium/Discount to List
$15,000
8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
441.65%

Purchase Details

Closed on
Feb 27, 2007
Sold by
Hernandez Cindy M
Bought by
Lozano Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 2006
Sold by
Hernandez Cindy M and Hernandez Nicholas R
Bought by
Hernandez Cindy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
7.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2005
Sold by
Hernandez Nicholas R and Hernandez Maria H
Bought by
Hernandez Cindy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$277,500
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2004
Sold by
Hernandez Nicholas R and Hernandez Maria H
Bought by
Hernandez Nicholas R
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
Manzo Arturo Yepez $445,000 Pacific Coast Title Company
Patel Rakesh -- First American Title
Patel Bharatbhai $355,000 First American Title
The Christensen & Auer 401K Trust $190,000 Fnt Ie
Lozano Ruben $445,000 North American Title Co
Hernandez Cindy M -- Alliance Title Company
Hernandez Cindy M -- First Southwestern Title Ca
Hernandez Nicholas R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Manzo Arturo Yepez $410,428
Previous Owner Patel Bharatbhai $284,000
Previous Owner Lozano Ruben $356,000
Previous Owner Hernandez Cindy M $348,000
Previous Owner Hernandez Cindy M $277,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/10/2015 07/10/15 Sold $418,000 -3.9% $310 / Sq Ft
06/19/2015 06/19/15 Pending -- -- --
06/13/2015 06/13/15 For Sale $435,000 0.0% $323 / Sq Ft
05/28/2015 05/28/15 Pending -- -- --
04/30/2015 04/30/15 For Sale $435,000 +22.5% $323 / Sq Ft
12/20/2013 12/20/13 Sold $355,000 +4.4% $263 / Sq Ft View Prior Sale
11/11/2013 11/11/13 Pending -- -- --
11/04/2013 11/04/13 For Sale $340,000 -4.2% $252 / Sq Ft
10/30/2013 10/30/13 Off Market $355,000 -- --
10/30/2013 10/30/13 For Sale $340,000 +78.9% $252 / Sq Ft
08/08/2013 08/08/13 Sold $190,000 +8.6% $141 / Sq Ft View Prior Sale
03/26/2013 03/26/13 Pending -- -- --
03/26/2013 03/26/13 For Sale $175,000 -7.9% $130 / Sq Ft
03/22/2013 03/22/13 Off Market $190,000 -- --
03/22/2013 03/22/13 For Sale $175,000 -- $130 / 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 $6,719 $526,780 $306,481 $220,299
2024 $6,719 $516,452 $300,472 $215,980
2023 $6,592 $506,327 $294,581 $211,746
2022 $6,414 $496,400 $288,805 $207,595
2021 $6,265 $486,668 $283,143 $203,525
2019 $6,426 $472,236 $274,746 $197,490
2018 $5,995 $462,977 $269,359 $193,618
2016 $5,373 $445,000 $258,900 $186,100
2015 $4,313 $362,091 $208,789 $153,302
2014 -- $355,000 $204,700 $150,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV15091494

California Regional Multiple Listing Service (CRMLS)

APN: 7102-029-015