NOT LISTED FOR SALE

7051 Somerset Blvd Paramount, CA 90723

Estimated Value: $613,247

3 Beds
2 Baths
893 Sq Ft
$687/Sq Ft Est. Value

Last Sold February 14, 2020

Last sale price $435,000 $487 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $3,697/month

85 Days on Market

Highlights

  • Updated Kitchen
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • No HOA
  • Park
  • 4-minute walk to Salud Park

About This Home

As of February 2020

This is it. The home you have been looking for. Bring your table and chairs because this home offers plenty of party space in the back and side yard for any quinceanera, baby shower or birthday party. This home is perfectly placed south west of the property giving you full advantage of the back and side yard. This 3 bedroom 2 full bathroom is the perfect starter home for anyone looking to grow their family. Home is remodeled and move in condition. Call today for an appointment, home will not last.

Last Agent to Sell the Property

Nick Jenkins

Faith Real Estate, Inc. License #01851941 Listed on: 10/11/2019

Last Buyer's Agent

Maria Garcia

Big Block Powerhouse Realty License #01242856

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1940 | Remodeled

Lot Details

  • 5,445 Sq Ft Lot
  • Property fronts an alley
  • Wrought Iron Fence
  • Wood Fence
  • Back and Front Yard
  • Property is zoned PAC3*

Home Design

  • Raised Foundation
  • Asphalt Roof

Interior Spaces

  • 893 Sq Ft Home
  • Family Room
  • Dining Room
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Gas Oven

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 8 Parking Spaces
  • 8 Carport Spaces
  • Parking Available
  • Driveway

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Water Heater

Listing and Financial Details

  • Legal Lot and Block 460 / 53
  • Tax Tract Number 6251
  • Assessor Parcel Number 6237001053

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Home Details

Home Type

Single Family

Year Built

Built in 1940 | Remodeled

Lot Details

5,445 Sq Ft Lot

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: PAC3*
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6237001053
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 893.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 487.12
  • Room Type: All Bedrooms Down, Family Room
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Foundation: Raised
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Pool Private: No
  • Roof: Asphalt

Garage/Parking

  • Carport Spaces: 8.00
  • Parking: Yes
  • Parking Features: Carport, Driveway
  • Total Parking Spaces: 8.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5445.00
  • Lot Size Acres: 0.1250

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5445.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 53
  • Tax Census Tract: 5537.01
  • Tax Lot: 460
  • Tax Tract Number: 6251

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2019
Closed on
Feb 4, 2020
Sold by
Ramirez Antonio and Lacerda Daniel
Bought by
Duarte Alexis and Gonzalez Edgar
Seller's Agent
Nick Jenkins
Faith Real Estate, Inc.
Buyer's Agent
Maria Garcia
Big Block Powerhouse Realty
List Price
$394,900
Sold Price
$435,000
Premium/Discount to List
$40,100
10.15%
Current Estimated Value
$613,247

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$178,247
Avg. Annual Appreciation
5.82%
Original Mortgage
$413,250
Outstanding Balance
$366,872
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$246,461

Purchase Details

Listed on
Oct 11, 2019
Closed on
Feb 3, 2020
Sold by
Castaneda Nora
Bought by
Lacerda Daniel
Seller's Agent
Nick Jenkins
Faith Real Estate, Inc.
Buyer's Agent
Maria Garcia
Big Block Powerhouse Realty
List Price
$394,900
Sold Price
$435,000
Premium/Discount to List
$40,100
10.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$413,250
Outstanding Balance
$366,872
Interest Rate
3.74%
Mortgage Type
New Conventional
Estimated Equity
$246,461

Purchase Details

Closed on
Jul 11, 2019
Sold by
Ramirez Antonio
Bought by
Ramirez Antonio and Lacerda Daniel

Purchase Details

Closed on
May 27, 2005
Sold by
Ramirez Antonio and Tellez Felicitas
Bought by
Ramirez Antonio and Tellez Felicitas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.72%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 28, 2001
Sold by
Nunez Silvestre and Morales Jose A
Bought by
Tellez Felicitas and Ramirez Antonio

Purchase Details

Closed on
May 22, 1996
Sold by
Kasten Herb J and Kasten Maydean J
Bought by
Nunez Silvestre and Morales Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$75,060
Interest Rate
8.09%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 14, 1995
Sold by
Kasten Herb J and Kasten Maydean
Bought by
Kasten Herb J and Kasten Maydean J
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
Duarte Alexis $435,000 Westminster Title
Lacerda Daniel -- Westminster Title
Duarte Alexis -- Westminster Title Company
Ramirez Antonio -- Accommodation
Ramirez Antonio -- Stewart Title
Tellez Felicitas $9,500 --
Nunez Silvestre $83,500 Chicago Title
Morales Jose A -- Chicago Title
Nunez Silvestre -- Chicago Title Insurance Co
Kasten Herb J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Duarte Alexis $413,250
Previous Owner Ramirez Antonio $100,000
Previous Owner Nunez Silvestre $75,060
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/14/2020 02/14/20 Sold $435,000 +10.2% $487 / Sq Ft
10/11/2019 10/11/19 For Sale $394,900 -- $442 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,495 $475,731 $366,368 $109,363
2024 $6,495 $466,404 $359,185 $107,219
2023 $6,378 $457,260 $352,143 $105,117
2022 $6,212 $448,295 $345,239 $103,056
2021 $6,512 $439,506 $338,470 $101,036
2020 $2,500 $114,799 $60,777 $54,022
2019 $2,578 $112,549 $59,586 $52,963
2018 $2,577 $110,343 $58,418 $51,925
2016 $1,837 $106,059 $56,150 $49,909
2015 $1,754 $104,467 $55,307 $49,160
2014 $2,016 $102,422 $54,224 $48,198
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19240233

California Regional Multiple Listing Service (CRMLS)

APN: 6237-001-053

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