NOT LISTED FOR SALE

16639 Lake Ave Paramount, CA 90723

Estimated Value: $709,000 - $871,000

4 Beds
2 Baths
1,712 Sq Ft
$447/Sq Ft Est. Value

Last Sold March 30, 2012

Last sale price $241,000 $141 Per Sq Ft

Est. 217% increase in value since last sale

Current estimated payment $4,365/month

16 Days on Market

About This Home

As of March 2012

TWO ON ONE LOT. FRONT HOUSE IS 2 BEDROOM 1 BATH WITH A LARGE KITCHEN AND LIVING ROOM. BACK HOUSE IS 1 BEDROOM, 1 BATH. LARGE YARD.

Last Agent to Sell the Property

Conde Montgomery

Coldwell Banker Realty License #00834125 Listed on: 02/08/2012

Last Buyer's Agent

Jorge Caceres

Realty World Experts License #01133237

Realty World Experts

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1952

Lot Details

  • 4,320

Parking

  • 2 Parking Spaces

Home Design

  • 1,712 Sq Ft Home
  • Contemporary Architecture
  • Stucco

Additional Features

  • 4,320 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Tract Number 7811
  • Assessor Parcel Number 7102029023

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Parcel Number: 7102029023
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 140.77

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 4320.00
  • Lot Size Acres: 0.0990

Multi Family

  • Lot Size Area: 4320.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Tax Info

  • Tax Area: 7273
  • Tax Lot: 0.
  • Tax Tract Number: 7811

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 8, 2012
Closed on
Mar 16, 2012
Sold by
The Bank Of New York Mellon
Bought by
Cobian Reveriano and Cobian Angelica
Seller's Agent
Conde Montgomery
Coldwell Banker Realty
Buyer's Agent
Jorge Caceres
Realty World Experts
List Price
$238,900
Sold Price
$241,000
Premium/Discount to List
$2,100
0.88%
Current Estimated Value
$764,478

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$523,478
Avg. Annual Appreciation
8.75%
Original Mortgage
$180,750
Outstanding Balance
$124,103
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$640,375

Purchase Details

Closed on
Dec 1, 2011
Sold by
Vallejos Clemente
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
May 18, 2005
Sold by
Padron Jorge Eduardo
Bought by
Vallejos Clemente

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.49%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 12, 2004
Sold by
Torres Eustacio and Arredondo Ramiro
Bought by
Padron Jorge Eduardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,500
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 2004
Sold by
Padron Rosa
Bought by
Padron Jorge Eduardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$274,500
Interest Rate
8.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 2002
Sold by
Moreno Carlos and Machuca Ahida
Bought by
Torres Eustacio and Arredondo Ramiro

Purchase Details

Closed on
Sep 7, 2001
Sold by
Machuca Juan Carlos
Bought by
Machuca Ahida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,373
Interest Rate
6.91%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 10, 2001
Sold by
Lizarraga Enrique and Lizarraga Virginia
Bought by
Moreno Carlos and Machuca Ahida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,373
Interest Rate
6.91%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 19, 1986
Sold by
Lizarraga Enrique and Lizarraga Virginia
Bought by
Lizarraga Enrique and Lizarraga Virginia
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
Cobian Reveriano $241,000 Landsafe
The Bank Of New York Mellon $229,050 Landsafe Title
Vallejos Clemente $450,000 Southland Title Corporation
Padron Jorge Eduardo $305,000 Southland
Padron Jorge Eduardo -- Southland
Torres Eustacio -- --
Machuca Ahida -- North American Title Co
Moreno Carlos $170,000 North American Title Co
Lizarraga Enrique -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cobian Reveriano $180,750
Previous Owner Vallejos Clemente $360,000
Previous Owner Padron Jorge Eduardo $274,500
Previous Owner Moreno Carlos $167,373
Closed Vallejos Clemente $90,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2012 03/30/12 Sold $241,000 +0.9% $141 / Sq Ft
02/24/2012 02/24/12 Pending -- -- --
02/08/2012 02/08/12 For Sale $238,900 -- $140 / 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 $4,312 $302,696 $226,084 $76,612
2024 $4,312 $296,761 $221,651 $75,110
2023 $4,236 $290,943 $217,305 $73,638
2022 $4,127 $285,240 $213,045 $72,195
2021 $4,030 $279,648 $208,868 $70,780
2020 $3,946 $276,782 $206,727 $70,055
2019 $4,120 $271,356 $202,674 $68,682
2018 $3,826 $266,036 $198,700 $67,336
2016 $3,442 $255,707 $190,985 $64,722
2015 $3,256 $251,867 $188,117 $63,750
2014 $3,336 $246,935 $184,433 $62,502
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2012

    Conde Montgomery

    Coldwell Banker Realty

  • J

    Buyer's Agent in 2012

    Jorge Caceres

    Realty World Experts

    (562) 419-4663

    4 Total Sales

    Jorge Caceres
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P811629

California Regional Multiple Listing Service (CRMLS)

APN: 7102-029-023

California Los Angeles County Paramount 90723

16639 Lake Ave, Paramount, CA

Not Listed for Sale

MultiFamily

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