NOT LISTED FOR SALE

7031 Somerset Blvd Paramount, CA 90723

Estimated Value: $976,000 - $1,127,037

5 Beds
4 Baths
2,548 Sq Ft
$415/Sq Ft Est. Value

About This Home

This home is located at 7031 Somerset Blvd, Paramount, CA 90723 and is currently estimated at $1,056,259, approximately $414 per square foot. 7031 Somerset Blvd is a home located in Los Angeles County with nearby schools including Los Cerritos School, Frank J. Zamboni School, and Paramount High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 16, 2011
Sold by
Madrid Adriana Rodriguez
Bought by
Madrid Gerald R
Current Estimated Value
$1,056,259

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2011
Sold by
Hermosillo Miguel and Atilano Enrique
Bought by
Madrid Gerald R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 15, 2005
Sold by
Ahumada Yolanda
Bought by
Atilano Enrique

Purchase Details

Closed on
Nov 7, 2005
Sold by
Hermosillo Micaela
Bought by
Hermosillo Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,750
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 8, 2005
Sold by
Lopez Manuel and Lopez Helen
Bought by
Hermosillo Miguel and Atilano Enrique

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,750
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 3, 2005
Sold by
Lopez Manuel and Lopez Helen
Bought by
Lopez Manuel and Lopez Helen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,750
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 22, 2000
Sold by
Lopez Manuel and Lopez Helen
Bought by
Lopez Manuel and Lopez Helen
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Madrid Gerald R -- Ort
Madrid Gerald R $419,000 Ortc
Atilano Enrique -- Fidelity National Title Comp
Hermosillo Miguel -- Fidelity National Title Comp
Hermosillo Miguel $689,000 Fidelity National Title Comp
Lopez Manuel -- Fidelity National Title Co
Lopez Manuel -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Madrid Gerald R $300,000
Previous Owner Hermosillo Miguel $516,750
Previous Owner Lopez Manuel $250,000
Source: Public Records

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 $7,533 $526,278 $290,145 $236,133
2024 $7,533 $515,959 $284,456 $231,503
2023 $7,401 $505,843 $278,879 $226,964
2022 $7,214 $495,925 $273,411 $222,514
2021 $7,050 $486,201 $268,050 $218,151
2020 $6,905 $481,217 $265,302 $215,915
2019 $7,208 $471,782 $260,100 $211,682
2018 $6,664 $462,532 $255,000 $207,532
2016 $6,006 $444,573 $245,099 $199,474
2015 $5,682 $437,896 $241,418 $196,478
2014 $5,824 $429,319 $236,689 $192,630
Source: Public Records

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