NOT LISTED FOR SALE

7126 San Luis St Paramount, CA 90723

Estimated Value: $771,521 - $938,000

6 Beds
2 Baths
1,428 Sq Ft
$580/Sq Ft Est. Value

Last Sold December 31, 2018

Last sale price $540,000 $378 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,105/month

16 Days on Market

Highlights

  • Park or Greenbelt View
  • Laundry Room
  • Converted Bedroom
  • Cooling System Mounted To A Wall/Window
  • Tile Flooring
  • 1-minute walk to Salud Park

About This Home

As of December 2018

Best deal of the year!! Hurry this is a great opportunity for a Duplex. Front house has 2 bedrooms 1 Bath on tax records, but has 4 bedrooms 1 bathroom currently. Rear Unit has 2 bedrooms 1 Bathroom, with remodeled kitchen and bathroom. Large lot size of 7091 with private driveway for each unit front and rear. Both units are have spacious bedrooms with closet space and private yards. Property is located close to Park, Schools, and freeways.

Last Agent to Sell the Property

Debbie Santiago

Re/Max Masters License #01390870 Listed on: 11/14/2018

Re/Max Masters

Last Buyer's Agent

Marisa Woods

Statewide Real Estate Co License #01156896

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,339

Year Built

  • Built in 1953

Lot Details

  • 7,091 Sq Ft Lot
  • No Common Walls

Home Design

  • Duplex
  • Cosmetic Repairs Needed

Interior Spaces

  • 1,428 Sq Ft Home
  • 1-Story Property
  • Park or Greenbelt Views
  • Laundry Room

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Converted Bedroom
  • 2 Bathrooms

Parking

  • Parking Available
  • Covered Parking

Location

  • Urban Location

Utilities

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

Listing and Financial Details

  • Legal Lot and Block 434 / 54
  • Tax Tract Number 6251
  • Assessor Parcel Number 6241030019

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,400
  • Fuel Expense $600
  • Insurance Expense $1,200
  • Trash Expense $225
  • Water Sewer Expense $960
  • New Taxes Expense $3,616
  • Operating Expense $8,001

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,339

Year Built

Built in 1953

Lot Details

0

Listing Details

  • Other Phone Description: 5626228899
  • Property Attached: No
  • View: Yes
  • Water Sewer Expenses: 960.00
  • Zoning: PAR2*
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 6241030019
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Levels: One
  • Price Per Square Foot: 378.15
  • Room Type: All Bedrooms Down, Converted Bedroom

Exterior Features

  • View: Park/Greenbelt
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Covered

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 225.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7091.00
  • Lot Size Acres: 0.1628

Multi Family

  • Electric Expense: 1400.00
  • Fuel Expense: 600.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7091.0000 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
  • Total Expenses: 8001.00

Tax Info

  • New Taxes Expense: 3616.00
  • Tax Block: 54
  • Tax Census Tract: 5537.01
  • Tax Lot: 434
  • Tax Tract Number: 6251

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2021
Sold by
Alvarez Andres D and Alvarez Marla M
Bought by
Alvarez Andres D and Alvarez Marla M
Current Estimated Value
$828,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$401,400
Outstanding Balance
$357,554
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$471,076

Purchase Details

Listed on
Nov 14, 2018
Closed on
Dec 19, 2018
Sold by
Barcenas Adela Veronica Sanchez
Bought by
Alvarez Andres D and Alvarez Maria M Moreno
Seller's Agent
Debbie Santiago
Re/Max Masters
Buyer's Agent
Marisa Woods
Statewide Real Estate Co
List Price
$489,900
Sold Price
$540,000
Premium/Discount to List
$50,100
10.23%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.52%
Original Mortgage
$405,000
Interest Rate
4.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 30, 2009
Sold by
Us Bank National Association
Bought by
Barcenas Adela Veronica Sanchez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,000
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 19, 2009
Sold by
Gonzalez Antonio
Bought by
Us Bank National Association

Purchase Details

Closed on
Aug 31, 2006
Sold by
Gonzalez Maria E
Bought by
Gonzalez Antonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$425,000
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 22, 2006
Sold by
Gonzalez Antonio and Ramos Gerardo
Bought by
Gonzalez Antonio

Purchase Details

Closed on
Mar 25, 2005
Sold by
Ramos Gerardo
Bought by
Gonzalez Antonio and Ramos Gerardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,800
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 14, 2005
Sold by
Gonzalez Refugio Q and Gonzalez Maria G
Bought by
Ramos Gerardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,800
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 1999
Sold by
Lenarduzzi Alicia L
Bought by
Gonzalez Refugio Q and Gonzalez Maria G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,700
Interest Rate
7.95%
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
Alvarez Andres D $201,000 Orange Coast Title
Alvarez Andres D $540,000 Orange Coast Title
Barcenas Adela Veronica Sanchez $220,000 First American Title
Us Bank National Association $265,000 Accommodation
Gonzalez Antonio -- Commonwealth Land American T
Gonzalez Antonio -- Commonwealth Land Title Co
Gonzalez Antonio -- None Available
Ramos Gerardo $391,000 United Title Company
Gonzalez Refugio Q $163,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Alvarez Andres D $401,400
Previous Owner Alvarez Andres D $405,000
Previous Owner Barcenas Adela Veronica Sanchez $154,000
Previous Owner Gonzalez Antonio $425,000
Previous Owner Ramos Gerardo $312,800
Previous Owner Gonzalez Refugio Q $146,700
Closed Ramos Gerardo $78,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2018 12/31/18 Sold $540,000 +10.2% $378 / Sq Ft
11/30/2018 11/30/18 Pending -- -- --
11/14/2018 11/14/18 For Sale $489,900 -- $343 / 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 $8,339 $640,759 $404,617 $236,142
2024 $8,339 $628,196 $396,684 $231,512
2023 $8,185 $615,879 $388,906 $226,973
2022 $7,968 $603,804 $381,281 $222,523
2021 $7,363 $556,506 $361,729 $194,777
2020 $7,199 $550,800 $358,020 $192,780
2019 $7,553 $540,000 $351,000 $189,000
2018 $3,616 $249,574 $136,132 $113,442
2016 $3,258 $239,885 $130,847 $109,038
2015 $3,083 $236,283 $128,882 $107,401
2014 $3,159 $231,656 $126,358 $105,298
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS18272621

California Regional Multiple Listing Service (CRMLS)

APN: 6241-030-019