NOT LISTED FOR SALE

16619 Virginia Ave Paramount, CA 90723

Estimated Value: $820,000 - $1,007,000

4 Beds
2 Baths
1,449 Sq Ft
$616/Sq Ft Est. Value

Last Sold May 25, 2021

Last sale price $720,000 $497 Per Sq Ft

Est. 24% increase in value since last sale

Current estimated payment $5,537/month

6 Days on Market

Highlights

  • Traditional Architecture
  • Vinyl Flooring
  • 1-Story Property
  • Laundry Room

About This Home

As of May 2021

Welcome Home!! This Duplex is perfect starter home with rental income or great investment property. FRONT UNIT has 3 bed 1 bath and BACK UNIT - 1 bed 1 bath. Ready to move in, 2 Brand fully remodeled units. Walking distance to Downtown Paramount, Iceland and close to freeways. Location, Location, Location!! 2 new kitchens, 2 new bathrooms, ALL New Windows, New appliances, Front Unit has a Brand New HVAC, Back unit has a brand new wall heater, New Flooring in both units, New Electrical Panel, Wiring and Outlets in Both Units. All new paint, design, doors, hardware and lighting. This is perfect to rent out or move in one and rent the other. Don't miss out!!

Last Agent to Sell the Property

Moises Arroyo

The Core Agency License #01853838 Listed on: 04/15/2021

Last Buyer's Agent

Terry Avendano

Elite Homes Realty License #01207004

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,837

Year Built

  • Built in 1948

Lot Details

  • 4,500

Home Design

  • Traditional Architecture

Interior Spaces

  • 1,449 Sq Ft Home
  • 1-Story Property
  • Vinyl Flooring

Kitchen

  • Oven or Range
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Gas Dryer Hookup

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Driveway

Additional Features

  • 4,500 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 7103-028-014

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,837

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Street Number Display: Yes
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1449
  • Lot Acreage: 0.1033
  • Stories: 1
  • Year Built: 1948
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl
  • Appliances: Microwave, Gas
  • Bedrooms: 4
  • Laundry: In Kitchen, Laundry Area
  • Total Bathrooms: 2.00
  • Equipment: Gas Dryer Hookup, Microwave, Range/Oven
  • Price Per S Q F T: 482.40

Exterior Features

  • Other Structures: None

Garage/Parking

  • Other Spaces: 4
  • Parking Garage: Driveway
  • Total Parking: 4

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 52.52
  • Assessed Improvement Value: 21041
  • Assessed Land Percent: 47.48
  • Assessed Land Value: 19025
  • Total Assessed Value: 40066
  • Assessor Parcel Number: 7103-028-014
  • Lot Size Area: 4500

Rental Info

  • Land Lease Type: Fee

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: Attached
  • Vacancy Rate: Vacant

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 15, 2021
Closed on
May 3, 2021
Sold by
Moiyo Properties Llc
Bought by
Chavez Francisco and Moratoya Brianca Emily
Seller's Agent
Moises Arroyo
The Core Agency
Buyer's Agent
Terry Avendano
Elite Homes Realty
List Price
$699,000
Sold Price
$720,000
Premium/Discount to List
$21,000
3%
Current Estimated Value
$893,129

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$173,129
Avg. Annual Appreciation
4.62%
Original Mortgage
$706,959
Outstanding Balance
$643,398
Interest Rate
3.1%
Mortgage Type
FHA
Estimated Equity
$232,081

Purchase Details

Listed on
Jun 24, 2020
Closed on
Jul 28, 2020
Sold by
King Dillon Blair and Estate Of Blair R King
Bought by
Moiyo Properties Llc
Seller's Agent
Alexander Yu
First Team Real Estate
Buyer's Agent
Alexander Yu
First Team Real Estate
List Price
$389,000
Sold Price
$407,000
Premium/Discount to List
$18,000
4.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
102.23%

Purchase Details

Closed on
Oct 14, 2019
Sold by
King David B
Bought by
King David B and David King Trust

Purchase Details

Closed on
Mar 6, 2003
Sold by
King Blair R
Bought by
King Blair R and King David B

Purchase Details

Closed on
Mar 30, 1998
Sold by
Graham Marvin
Bought by
Graham Marvin and Graham Sharon L
Source: Public Records

Range of Values:

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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
Chavez Francisco $720,000 Fidelity National Title Co
Moiyo Properties Llc $407,000 Fidelity National Title
King David B -- None Available
King Blair R -- --
Graham Marvin -- --
Graham Marvin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chavez Francisco $706,959
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/25/2021 05/25/21 Sold $720,000 0.0% $497 / Sq Ft
04/21/2021 04/21/21 Pending -- -- --
04/20/2021 04/20/21 Off Market $720,000 -- --
04/15/2021 04/15/21 For Sale $699,000 +71.7% $482 / Sq Ft
08/04/2020 08/04/20 Sold $407,000 +4.6% $281 / Sq Ft
07/17/2020 07/17/20 Pending -- -- --
06/24/2020 06/24/20 For Sale $389,000 -- $268 / Sq Ft
Source: The MLS

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 $9,837 $779,348 $389,674 $389,674
2024 $9,837 $764,068 $382,034 $382,034
2023 $9,649 $749,088 $374,544 $374,544
2022 $9,388 $734,400 $367,200 $367,200
2021 $5,509 $407,000 $326,000 $81,000
2020 $1,021 $40,066 $19,025 $21,041
2019 $1,034 $39,281 $18,652 $20,629
2018 $958 $38,512 $18,287 $20,225
2017 $934 $37,758 $17,929 $19,829
2016 $875 $37,019 $17,578 $19,441
2015 $846 $36,463 $17,314 $19,149
2014 $862 $35,749 $16,975 $18,774
Source: Public Records

Agents Affiliated with this Home

  • Moises Arroyo

    Seller's Agent in 2021

    Moises Arroyo

    The Core Agency

    (818) 723-0816

    1 in this area

    83 Total Sales

    Moises Arroyo
    Section Image
  • Terry Avendano

    Buyer's Agent in 2021

    Terry Avendano

    Elite Homes Realty

    (562) 547-1778

    1 in this area

    78 Total Sales

    Terry Avendano
    Section Image
  • Alexander Yu

    Seller's Agent in 2020

    Alexander Yu

    First Team Real Estate

    (949) 759-5747

    356 Total Sales

    Alexander Yu
    Section Image
  • Carlos Elizalde

    Buyer Co-Listing Agent in 2020

    Carlos Elizalde

    Real Broker

    (714) 389-8310

    60 Total Sales

    Carlos Elizalde
    Section Image
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Map

Source: The MLS

MLS Number: 21-719864

The MLS

APN: 7103-028-014

California Los Angeles County Paramount 90723

16619 Virginia Ave, Paramount, CA

This home is located at 16619 Virginia Ave, Paramount, CA 90723 since 15 April 2021 and is currently estimated at $893,129, approximately $616 per square foot. This property was built in 1948. 16619 Virginia Ave is a home located in Los Angeles County with nearby schools including Major Lynn Mokler School, Alondra Middle School, and Paramount High School.

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