NOT LISTED FOR SALE

7022 San Marcus St Paramount, CA 90723

Estimated Value: $618,000 - $649,257

4 Beds
1 Bath
806 Sq Ft
$781/Sq Ft Est. Value

Last Sold August 03, 2023

Last sale price $560,000 $695 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,868/month

138 Days on Market

Highlights

  • Main Floor Bedroom
  • No HOA
  • Laundry Room
  • Bonus Room
  • Park

About This Home

As of August 2023

DUE TO HIGH DEMAND ON THE PROPERTY, OFFERS WILL BE PRESENTED TOMORROW 6/26/23 TO CLIENT AT 2PM SHARP, OFFERS SUBMITTED WITHOUT PROOF OF FUNDS WILL NOT BE CONSIDERED, PER CLIENT.

Back on the market due to Buyers inability to perform! Fresh paint through out, please see new pictures of property. This home is located in the great city of Paramount ! Centrally located to South Gate and Downey and not far from Long beach. Home has 4 bedrooms and 1 bath with 5,828 square feet lot ! The property has potential for an ADU. The fruit trees in the back yard include an avocado tree, guava tree and lemon tree. It is just 3 minutes from the top rated Historic Steam Engine park. 7 Minutes from Paramount High school and 8 minutes from Paramount park Middle school and for the little ones, Roosevelt Elementary school just 9 minutes away. Shopping at the Paramount town center is 7 minutes and the close by freeways are the 91 and the 5 FWY making this home is a gem for a your family !

WONT LAST, SEE YOU IN ESCROW !

Last Agent to Sell the Property

Sonia Aldana

RE/MAX Select One License #01519162 Listed on: 02/09/2023

RE/MAX Select One

Last Buyer's Agent

Randy Hill

First Team Real Estate License #01854837

First Team Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1932

Lot Details

  • 5,829 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned PAR2YY

Parking

  • 1 Car Garage

Interior Spaces

  • 806 Sq Ft Home
  • 2-Story Property
  • Bonus Room
  • Laundry Room

Bedrooms and Bathrooms

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

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 384 / 47
  • Tax Tract Number 6251
  • Assessor Parcel Number 6237002025
  • $504 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Home Details

Home Type

Single Family

Year Built

Built in 1932

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Zoning: PAR2YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6237002025
  • Year Built: 1932
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 806.00 Square Feet
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 1
  • Total Bedrooms: 4
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 694.79
  • Room Type: Bonus Room, Main Floor Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5829.00
  • Lot Size Acres: 0.1338

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5829.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 47
  • Tax Census Tract: 5537.01
  • Tax Lot: 384
  • Tax Tract Number: 6251
  • TaxOtherAnnualAssessmentAmount: 504.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2023
Closed on
Aug 1, 2023
Sold by
Cabrera Jonathan Christian Ramos
Bought by
Ramirez Andrea Y Villa
Seller's Agent
Sonia Aldana
RE/MAX Select One
Buyer's Agent
Randy Hill
First Team Real Estate
List Price
$548,000
Sold Price
$560,000
Premium/Discount to List
$12,000
2.19%
Views
816
Current Estimated Value
$629,814

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$69,814
Avg. Annual Appreciation
4.89%
Original Mortgage
$540,038
Outstanding Balance
$526,320
Interest Rate
6.67%
Mortgage Type
FHA
Estimated Equity
$103,494

Purchase Details

Listed on
Feb 9, 2023
Closed on
Jul 14, 2023
Sold by
Giang Quyen
Bought by
Ramirez Andrea Y Villa
Seller's Agent
Sonia Aldana
RE/MAX Select One
Buyer's Agent
Randy Hill
First Team Real Estate
List Price
$548,000
Sold Price
$560,000
Premium/Discount to List
$12,000
2.19%
Views
816

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,038
Outstanding Balance
$526,320
Interest Rate
6.67%
Mortgage Type
FHA
Estimated Equity
$103,494

Purchase Details

Listed on
Nov 2, 2017
Closed on
Feb 15, 2018
Sold by
Orellana Omar Alexander and Orellana Guadalupe
Bought by
Giang Quyen
Seller's Agent
Marina Ramirez-Lomeli
eXp Realty of Southern Ca, Inc
Buyer's Agent
Marina Ramirez-Lomeli
eXp Realty of Southern Ca, Inc
List Price
$325,000
Sold Price
$325,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.66%
Original Mortgage
$172,500
Interest Rate
5.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 20, 2006
Sold by
Orellana Omar Alexander and Orellana Guadalupe
Bought by
Orellana Omar Alexander and Orellana Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,000
Interest Rate
9.15%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2004
Sold by
Abrego Jesus
Bought by
Orellana Omar

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
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 2004
Sold by
Orellana Omar and Orellana Lupe
Bought by
Orellana Omar

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
5.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ramirez Andrea Y Villa -- Fidelity National Title
Ramirez Andrea Y Villa $560,000 Fidelity National Title
Giang Quyen $345,000 Fidelity National Title Comp
Orellana Omar Alexander -- Accommodation
Orellana Omar -- Orange Coast Title
Orellana Omar $250,000 Lawyers Title Company
Orellana Omar -- Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Andrea Y Villa $540,038
Previous Owner Giang Quyen $172,500
Previous Owner Orellana Omar $374,000
Previous Owner Orellana Omar $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/03/2023 08/03/23 Sold $560,000 +2.2% $695 / Sq Ft
06/27/2023 06/27/23 Pending -- -- --
06/23/2023 06/23/23 For Sale $548,000 -2.1% $680 / Sq Ft
06/16/2023 06/16/23 Off Market $560,000 -- --
06/16/2023 06/16/23 Price Changed $548,000 0.0% $680 / Sq Ft
06/16/2023 06/16/23 For Sale $548,000 +0.7% $680 / Sq Ft
03/30/2023 03/30/23 Pending -- -- --
02/09/2023 02/09/23 For Sale $544,000 +67.4% $675 / Sq Ft
03/23/2018 03/23/18 Sold $325,000 0.0% $403 / Sq Ft View Prior Sale
12/19/2017 12/19/17 Pending -- -- --
12/06/2017 12/06/17 Off Market $325,000 -- --
12/06/2017 12/06/17 For Sale $325,000 0.0% $403 / Sq Ft
11/08/2017 11/08/17 Off Market $325,000 -- --
11/02/2017 11/02/17 For Sale $325,000 -- $403 / 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 $7,298 $571,200 $456,960 $114,240
2024 $7,298 $560,000 $448,000 $112,000
2023 $5,083 $377,303 $301,844 $75,459
2022 $4,947 $369,906 $295,926 $73,980
2021 $4,836 $362,654 $290,124 $72,530
2019 $4,958 $351,900 $281,520 $70,380
2018 $1,740 $115,300 $76,987 $38,313
2016 $1,570 $110,825 $73,999 $36,826
2015 $1,491 $109,161 $72,888 $36,273
2014 $1,524 $107,024 $71,461 $35,563
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23022576

California Regional Multiple Listing Service (CRMLS)

APN: 6237-002-025