NOT LISTED FOR SALE

17003 Passage Ave Paramount, CA 90723

Estimated Value: $986,971 - $1,288,000

8 Beds
4 Baths
3,547 Sq Ft
$330/Sq Ft Est. Value

Last Sold February 28, 2014

Last sale price $500,000 $141 Per Sq Ft

Est. 134% increase in value since last sale

Current estimated payment $6,912/month

78 Days on Market

About This Home

As of February 2014

**STANDARD SALE** legal 4 units in rental potential area, Right at border of Long Beach and Bellflower. 4 separate houses in huge lot, large accessible driveway, individually parking spaces, Ideal opportunity for investors, fully occupied with long stay tenants. Very accessible commute.

Last Agent to Sell the Property

Jim Suos

First American Team Realty Inc License #01240200 Listed on: 09/23/2013

Last Buyer's Agent

Jim Suos

First American Team Realty Inc License #01240200 Listed on: 09/23/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,735

Year Built

  • Built in 1962

Lot Details

  • 0.28 Acre Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • 4 Car Garage

Home Design

  • 3,547 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 5539
  • Assessor Parcel Number 7107003030

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,735

Year Built

Built in 1962

Lot Details

0

Parking

4

Listing Details

  • Ad Number: 5628840892
  • Other Phone Description: 5628840892
  • Other Phone Number: 5628840892
  • Price Per Unit: 187250
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 7107003030
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 140.96

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Urban

Lot Info

  • Lot Features: Level with Street
  • Lot Size Sq Ft: 12297.00
  • Lot Size Acres: 0.2820

Multi Family

  • Gross Scheduled Income: 54000.00
  • Lot Size Area: 12297.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • Tax Lot: 22
  • Tax Tract Number: 5539

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2013
Closed on
Feb 28, 2014
Sold by
Covarrubias Miguel
Bought by
Chau Janice
Seller's Agent
Jim Suos
First American Team Realty Inc
Buyer's Agent
Jim Suos
First American Team Realty Inc
List Price
$749,000
Sold Price
$500,000
Premium/Discount to List
-$249,000
-33.24%
Current Estimated Value
$1,169,993

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$669,993
Avg. Annual Appreciation
7.57%
Original Mortgage
$375,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 23, 2013
Closed on
Jan 27, 2014
Sold by
Chum Narith and Chum Christine
Bought by
Chau Janice
Seller's Agent
Jim Suos
First American Team Realty Inc
Buyer's Agent
Jim Suos
First American Team Realty Inc
List Price
$749,000
Sold Price
$500,000
Premium/Discount to List
-$249,000
-33.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
4.38%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Chau Janice -- North American Title Company
Chau Janice $500,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chau Janice $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/28/2014 02/28/14 Sold $500,000 -33.2% $141 / Sq Ft
12/10/2013 12/10/13 Pending -- -- --
09/23/2013 09/23/13 For Sale $749,000 -- $211 / 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 $8,735 $612,923 $376,336 $236,587
2024 $8,735 $600,906 $368,957 $231,949
2023 $8,582 $589,124 $361,723 $227,401
2022 $8,367 $577,574 $354,631 $222,943
2021 $8,173 $566,250 $347,678 $218,572
2020 $8,004 $560,444 $344,113 $216,331
2019 $8,358 $549,456 $337,366 $212,090
2018 $7,608 $538,683 $330,751 $207,932
2016 $6,843 $517,766 $317,908 $199,858
2015 $6,547 $509,989 $313,133 $196,856
2014 $5,300 $374,903 $184,378 $190,525
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jim Suos

    First American Team Realty Inc

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13198653

California Regional Multiple Listing Service (CRMLS)

APN: 7107-003-030

California Los Angeles County Paramount 90706

17003 Passage Ave, Paramount, CA

This home is located at 17003 Passage Ave, Paramount, CA 90723 since 23 September 2013 and is currently estimated at $1,169,993, approximately $329 per square foot. This property was built in 1962. 17003 Passage Ave is a home located in Los Angeles County with nearby schools including Major Lynn Mokler School, Alondra Middle School, and Buena Vista High School.

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California Regional Multiple Listing Service (CRMLS) 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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