NOT LISTED FOR SALE

7116 San Marcus St Paramount, CA 90723

Estimated Value: $783,986 - $914,000

5 Beds
3 Baths
2,200 Sq Ft
$386/Sq Ft Est. Value

Last Sold January 17, 2020

Last sale price $694,000 $315 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $5,493/month

42 Days on Market

Highlights

  • Detached Guest House
  • Private Yard
  • Living Room
  • Main Floor Bedroom
  • Cul-De-Sac
  • Recessed Lighting

About This Home

As of January 2020

Completely Remodeled units: 3 units (3 bedroom, 2 bedroom and a non conforming single excellent for extra rental income). All units are vacant with plenty of parking, 2 driveways! and a 2 car detached garage with new garage door! Awesome floor plan with new recess lighting, flooring, interior paint exterior paint. All units also consist of new windows, new kitchen cabinets and all bathrooms are completely remodeled!

Last Agent to Sell the Property

Max Gomez

Keller Williams Pacific Estates Cerritos License #01227498 Listed on: 09/16/2019

Last Buyer's Agent

Miguel Gonzalez

Century 21 Allstars License #01716213

Century 21 Allstars

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,679

Year Built

  • Built in 1948 | Remodeled

Lot Details

  • 5,751 Sq Ft Lot
  • 1 Common Wall
  • Cul-De-Sac
  • Wrought Iron Fence
  • Vinyl Fence
  • Wood Fence
  • Block Wall Fence
  • Fence is in good condition
  • Landscaped
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn
  • Back Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Front Facing Garage

Home Design

  • Property Attached
  • Fire Rated Drywall
  • Pre-Cast Concrete Construction
  • Partial Copper Plumbing
  • Stucco

Interior Spaces

  • 2,200 Sq Ft Home
  • Recessed Lighting
  • Living Room
  • Fire and Smoke Detector

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Main Floor Bedroom
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Exterior Lighting
  • Detached Guest House

Listing and Financial Details

  • Legal Lot and Block 395 / 48
  • Tax Tract Number 6251
  • Assessor Parcel Number 6241030004

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,679

Year Built

Built in 1948 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Security: Smoke Detector(s)
  • Zoning: PAR2*
  • Property Condition: Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 6241030004
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Copper Plumbing Partial, Recessed Lighting
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Price Per Square Foot: 315.45
  • Room Type: Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • Other Structures: Guest House Detached
  • Exterior Features: Lighting
  • Fence: Yes
  • Fencing: Block, Good Condition, Privacy, Vinyl, Wood, Wrought Iron
  • Pool Private: No
  • Construction Materials: Concrete, Drywall Walls, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Front, Private
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Cul-De-Sac, Landscaped, Lawn, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Yard
  • Lot Size Sq Ft: 5751.00
  • Lot Size Acres: 0.1320

Multi Family

  • Lot Size Area: 5751.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Block: 48
  • Tax Census Tract: 5537.01
  • Tax Lot: 395
  • Tax Tract Number: 6251

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 16, 2019
Closed on
Dec 27, 2019
Sold by
Diaz Maria G
Bought by
Torre Raul Diaz De La
Seller's Agent
Max Gomez
Keller Williams Pacific Estates Cerritos
Buyer's Agent
Miguel Gonzalez
Century 21 Allstars
List Price
$650,000
Sold Price
$694,000
Premium/Discount to List
$44,000
6.77%
Current Estimated Value
$848,497

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,497
Avg. Annual Appreciation
3.68%
Original Mortgage
$672,592
Outstanding Balance
$595,760
Interest Rate
3.62%
Mortgage Type
FHA
Estimated Equity
$252,737

Purchase Details

Closed on
Dec 19, 2018
Sold by
Angelo John
Bought by
Angelo Lynnda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 2018
Sold by
Angelo Lynnda
Bought by
Ecclesia Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
4.7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 1, 2002
Sold by
Quist Gordon W and Quist Donna M
Bought by
Quist Donna M and Angelo Lynnda
Source: Public Records

Range of Values:

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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
Torre Raul Diaz De La -- Lawyers Title Company
Torre Raul Diaz De La $694,000 Lawyers Title
Angelo Lynnda -- Orange Coast Title
Ecclesia Llc $417,000 Orange Coast Title Company
Quist Donna M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Torre Raul Diaz De La $672,592
Previous Owner Ecclesia Llc $430,000
Previous Owner Angelo Lynnda $130,000
Previous Owner Angelo Lynnda $60,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/17/2020 01/17/20 Sold $694,000 +6.8% $315 / Sq Ft
10/28/2019 10/28/19 Pending -- -- --
09/16/2019 09/16/19 For Sale $650,000 -- $295 / 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 $9,679 $758,986 $409,021 $349,965
2024 $9,679 $744,104 $401,001 $343,103
2023 $9,498 $729,515 $393,139 $336,376
2022 $9,243 $715,212 $385,431 $329,781
2021 $9,032 $701,189 $377,874 $323,315
2020 $7,099 $540,900 $378,420 $162,480
2019 $1,448 $58,482 $17,553 $40,929
2018 $1,294 $57,342 $17,209 $40,133
2016 $1,177 $54,829 $16,542 $38,287
2015 $1,132 $54,006 $16,294 $37,712
2014 $1,158 $52,949 $15,975 $36,974
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19220977

California Regional Multiple Listing Service (CRMLS)

APN: 6241-030-004