NOT LISTED FOR SALE

16615 Lake Ave Paramount, CA 90723

Estimated Value: $530,000 - $579,000

2 Beds
1 Bath
706 Sq Ft
$784/Sq Ft Est. Value

About This Home

This home is located at 16615 Lake Ave, Paramount, CA 90723 and is currently estimated at $553,524, approximately $784 per square foot. 16615 Lake Ave is a home located in Los Angeles County with nearby schools including Major Lynn Mokler School, Alondra Middle School, and Paramount High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 7, 2025
Sold by
Cervantes Rigoberto and Cervantes Maria Elena
Bought by
Cervantes
Current Estimated Value
$553,524

Purchase Details

Closed on
Oct 15, 2018
Sold by
Cervantes Roberto M and Cervantes Roberto M
Bought by
Cervantes Rigoberto and Cervantes Maria Elena Garcia De

Purchase Details

Closed on
Dec 9, 1997
Sold by
Needham John
Bought by
Cervantes Rigoberto M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$94,800
Interest Rate
7.16%

Purchase Details

Closed on
Aug 27, 1997
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Needham John and Needham Cheryl

Purchase Details

Closed on
May 29, 1997
Sold by
Pillow Donald R and Federal Home Loan Mortgage Cor
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Cervantes -- None Listed On Document
Cervantes Rigoberto -- None Available
Cervantes Rigoberto M $118,500 Chicago Title Co
Needham John $88,000 First American Title
Needham John $88,000 First American Title
Federal Home Loan Mortgage Corporation $97,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cervantes Rigoberto M $94,800
Source: Public Records

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 $2,777 $189,184 $104,255 $84,929
2024 $2,777 $185,475 $102,211 $83,264
2023 $2,728 $181,839 $100,207 $81,632
2022 $2,657 $178,275 $98,243 $80,032
2021 $2,599 $174,780 $96,317 $78,463
2019 $2,653 $169,598 $93,461 $76,137
2018 $2,430 $166,274 $91,629 $74,645
2017 $2,356 $163,015 $89,833 $73,182
2016 $2,192 $159,820 $88,072 $71,748
2015 $2,074 $157,421 $86,750 $70,671
2014 $2,124 $154,338 $85,051 $69,287
Source: Public Records

Map

California Los Angeles County Paramount 90723

16615 Lake Ave, Paramount, CA

Not Listed for Sale

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