NOT LISTED FOR SALE

7022 San Luis St Paramount, CA 90723

Estimated Value: $649,000 - $757,000

2 Beds
1 Bath
812 Sq Ft
$842/Sq Ft Est. Value

Last Sold July 31, 2023

Last sale price $615,000 $757 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,369/month

Highlights

  • Contemporary Architecture
  • No HOA
  • Eat-In Kitchen
  • Wood Flooring
  • 1 Car Direct Access Garage
  • Patio

About This Home

As of July 2023

This property offers a fantastic opportunity to own a piece of the American Dream right in the heart of the City of Paramount. With its convenient location in the suburbs of southeast Los Angeles, you can enjoy the comfort of suburban living while still being close to all the amenities and attractions of Southern California. The house itself is a charming 2 bedroom home with over 800 square feet of living space. The original hardwood flooring adds a touch of character and warmth to the interior. The floor plan is well-designed, providing a comfortable and functional layout for everyday living. One of the standout features of this property is the spacious lot, which measures 6,194 square feet. The lot is zoned R-2, allowing for the possibility of building a second home or an Accessory Dwelling Unit (ADU). This presents a great opportunity for those looking to expand their living space or generate rental income. While the house may require some cosmetic updates, it provides a blank canvas for you to personalize and transform into your dream home. With a little bit of creativity and some DIY skills, you can turn this lovely house into a beautiful and inviting space that reflects your unique style and taste. Don't miss out on this amazing opportunity to own a home in a desirable location at an affordable price. Bring your paintbrush and hammer, and let your imagination run wild as you create the home you've always dreamed of.

Last Agent to Sell the Property

Tony Lopez

Berkshire Hathaway HomeService License #01752038 Listed on: 06/28/2023

Berkshire Hathaway HomeService

Last Buyer's Agent

Tony Lopez

Berkshire Hathaway HomeService License #01752038 Listed on: 06/28/2023

Berkshire Hathaway HomeService

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,731

Year Built

  • Built in 1952

Lot Details

  • 6,198 Sq Ft Lot
  • Property fronts an alley
  • No Landscaping
  • Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned PAR2YY

Parking

  • 1 Car Direct Access Garage
  • Parking Available

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Fire Rated Drywall
  • Frame Construction
  • Stucco

Interior Spaces

  • 812 Sq Ft Home
  • 1-Story Property
  • Eat-In Kitchen

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 2 Bedrooms | 1 Main Level Bedroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Rain Gutters

Additional Features

  • Suburban Location
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 421 / 53
  • Tax Tract Number 6251
  • Assessor Parcel Number 6237001006
  • $543 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,731

Year Built

Built in 1952

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: PAR2YY
  • Architectural Style: Contemporary
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6237001006
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 812.00 Square Feet
  • Interior Amenities: Unfurnished
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Wood
  • Appliances: No
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: In Kitchen
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 757.39

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Pool Private: No
  • Spa: No
  • Construction Materials: Drywall Walls, Frame, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Sidewalks, Suburban

Schools

  • School District: Paramount Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, No Landscaping
  • Lot Size Sq Ft: 6198.00
  • Lot Size Acres: 0.1423

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6198.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 53
  • Tax Census Tract: 5537.01
  • Tax Lot: 421
  • Tax Tract Number: 6251
  • TaxOtherAnnualAssessmentAmount: 543.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 28, 2023
Closed on
Jul 3, 2023
Sold by
Negrete Jose Miguel Alcaraz and Garcia Jesus Flores
Bought by
Lopez Brenda and Delgado Rafael Antonio
Seller's Agent
Tony Lopez
Berkshire Hathaway HomeService
Buyer's Agent
Tony Lopez
Berkshire Hathaway HomeService
List Price
$615,000
Sold Price
$615,000
Views
4
Current Estimated Value
$684,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,110
Avg. Annual Appreciation
4.98%
Original Mortgage
$584,250
Outstanding Balance
$570,052
Interest Rate
6.69%
Mortgage Type
New Conventional
Estimated Equity
$114,058

Purchase Details

Listed on
Oct 15, 2021
Closed on
Dec 8, 2021
Sold by
Carrillo Maria G Garcia
Bought by
Negrete Jose Miguel Alcar
Seller's Agent
John Maseredjian
JohnHart Real Estate
Buyer's Agent
Manny Martinez
Berkshire Hathaway Home Services California Properties
List Price
$598,000
Sold Price
$581,000
Premium/Discount to List
-$17,000
-2.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.62%
Original Mortgage
$542,450
Interest Rate
2.98%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 16, 2021
Sold by
Smith Antoinette
Bought by
Zillow Homes Property Trust

Purchase Details

Closed on
Dec 21, 2007
Sold by
Salas Mejia J Oscar and Smith Antoinette
Bought by
Smith Antoinette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.21%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 1994
Sold by
Salas Mejia J Oscar and Munoz Roberto
Bought by
Salas Mejia J Oscar and Smith Antoinette

Purchase Details

Closed on
Feb 23, 1994
Sold by
Herman Marian D
Bought by
Salas Mejia J Oscar and Munoz Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,366
Interest Rate
7.79%
Mortgage Type
FHA
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
Lopez Brenda $615,000 Orange Coast Title Company
Negrete Jose Miguel Alcar -- None Listed On Document
Negrete Jose Miguel Alcar $581,000 None Listed On Document
Zillow Homes Property Trust -- None Listed On Document
Smith Antoinette -- Chicago Title
Salas Mejia J Oscar -- First American Title
Salas Mejia J Oscar $115,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Brenda $584,250
Previous Owner Negrete Jose Miguel Alcar $542,450
Previous Owner Negrete Jose Miguel Alcar $0
Previous Owner Smith Antoinette $200,000
Previous Owner Salas Mejia J Oscar $114,366
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/31/2023 07/31/23 Sold $615,000 0.0% $757 / Sq Ft
06/28/2023 06/28/23 Pending -- -- --
06/28/2023 06/28/23 For Sale $615,000 +5.9% $757 / Sq Ft
12/23/2021 12/23/21 Sold $581,000 -2.8% $716 / Sq Ft View Prior Sale
11/15/2021 11/15/21 Pending -- -- --
10/15/2021 10/15/21 For Sale $598,000 -- $736 / 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 $8,731 $627,300 $501,840 $125,460
2024 $8,731 $615,000 $492,000 $123,000
2023 $7,728 $592,620 $474,096 $118,524
2022 $7,520 $581,000 $464,800 $116,200
2021 $4,445 $299,586 $222,826 $76,760
2019 $4,557 $290,702 $216,218 $74,484
2018 $4,224 $285,003 $211,979 $73,024
2016 $3,814 $273,939 $203,749 $70,190
2015 $3,605 $269,825 $200,689 $69,136
2014 $3,676 $264,540 $196,758 $67,782
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS23115582

California Regional Multiple Listing Service (CRMLS)

APN: 6237-001-006