$455,000
SOLD AUG 16, 2016

7029 San Luis St Paramount, CA 90723

2 Beds
1 Bath
1,687 Sq Ft
6,440 Sq Ft Lot

Recently Sold

$270 Per Sq Ft

1% Above List Price

24 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Tile Flooring
  • Private Yard
  • Bungalow

About This Home

As of August 2016

WOW!!! WOW!!! WOW!!! 2 HOUSES ON A LOT, LIVE IN ONE AND RENT THE OTHER, OR RENT BOTH. FRONT UNIT, SPACIOUS 2 BEDROOM 1 BATH (VERY SPACIOUS BATHROOM), TILE FLOORS THROUGHOUT THE HOUSE, FIREPLACE IN LIVING ROOM. STORAGE ROOM BETWEEN FRONT UNIT AND BACK UNIT. BACK UNIT, SPACIOUS 1 BEDROOM 1 BATH, ALSO TILE FLOORS THROUGHOUT THE HOUSE. BOTH UNITS HAVE BEEN PAINTED ON THE EXTERIOR, NICE FRONT YARD, LONG DRIVEWAY WITH PLENTY OF PARKING. CENTRALLY LOCATED, FREEWAYS NEAR BY.. GREAT OPPORTUNITY!!

Last Agent to Sell the Property

Carlos Valencia

Century 21 Allstars License #01328618 Listed on: 01/29/2016

Last Buyer's Agent

Carlos Valencia

Century 21 Allstars License #01328618 Listed on: 01/29/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,220

Year Built

  • Built in 1945

Lot Details

  • 6,440 Sq Ft Lot
  • Two or More Common Walls
  • Block Wall Fence
  • Private Yard
  • Front Yard

Parking

  • 6 Parking Spaces

Home Design

  • Bungalow
  • Property Attached
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,687 Sq Ft Home
  • Living Room with Fireplace
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 1 Bathroom

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 401
  • Tax Tract Number 6251
  • Assessor Parcel Number 6237002017

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,220

Year Built

Built in 1945

Lot Details

0

Listing Details

  • Property Attached: Yes
  • View: No
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Parcel Number: 6237002017
  • Year Built: 1945
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Entry Location: Ground Level No Steps
  • Common Walls: 2+ Common Walls
  • Flooring: Tile
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 269.71
  • Room Type: All Bedrooms Down

Exterior Features

  • Fencing: Block
  • Pool Private: No
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: No
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard, Yard
  • Lot Size Sq Ft: 6440.00
  • Price Per Lot Square Foot: 70.65
  • Lot Size Acres: 0.1480

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Lot Size Area: 6440.0000 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
  • Rent Control: No

Tax Info

  • Tax Lot: 401
  • Tax Tract Number: 6251

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 23, 2016
Sold by
Huerta Rafael and Huerta Alejandra
Bought by
Palencia Carlos R
Current Estimated Value
$825,389

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$416,666
Interest Rate
3.25%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 7, 2007
Sold by
Huerta Rafael
Bought by
Huerta Rafael and Huerta Alejandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.15%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Feb 3, 2005
Sold by
Huerta Alejandra
Bought by
Huerta Rafael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,000
Interest Rate
5.95%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 16, 2004
Sold by
Huerta Rafael and Huerta Alejandra
Bought by
Huerta Rafael and Huerta Alejandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5.69%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 28, 2002
Sold by
Villalvazo Timoteo and Villalvazo Margarita
Bought by
Huerta Rafael and Huerta Alejandra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,141
Interest Rate
7.13%
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 Type Sale Price Title Company
Grant Deed $455,000 Old Republic Title Company
Interfamily Deed Transfer -- Stewart Title
Interfamily Deed Transfer -- United Title
Interfamily Deed Transfer -- Stewart Title Of California
Interfamily Deed Transfer $185,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $416,666 FHA
Previous Owner $365,679 New Conventional
Previous Owner $50,000 Credit Line Revolving
Previous Owner $360,000 New Conventional
Previous Owner $325,000 Purchase Money Mortgage
Previous Owner $188,000 New Conventional
Previous Owner $182,141 FHA
Previous Owner $182,141 FHA
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/09/2019 09/09/19 Rented $1,500 0.0% --
08/30/2019 08/30/19 For Rent $1,500 0.0% --
08/16/2016 08/16/16 Sold $455,000 +1.1% $270 / Sq Ft
02/22/2016 02/22/16 Pending -- -- --
01/29/2016 01/29/16 For Sale $449,900 -- $267 / 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 $7,220 $528,061 $295,947 $232,114
2024 $7,220 $517,708 $290,145 $227,563
2023 $7,089 $507,557 $284,456 $223,101
2022 $6,906 $497,606 $278,879 $218,727
2021 $6,750 $487,850 $273,411 $214,439
2020 $6,606 $482,849 $270,608 $212,241
2019 $6,912 $473,382 $265,302 $208,080
2018 $6,425 $464,100 $260,100 $204,000
2016 $3,616 $254,691 $113,702 $140,989
2015 $3,428 $250,867 $111,995 $138,872
2014 $3,512 $245,954 $109,802 $136,152
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16019094

California Regional Multiple Listing Service (CRMLS)

APN: 6237-002-017