NOT LISTED FOR SALE

7203 Petrol St Paramount, CA 90723

Estimated Value: $814,000 - $925,678

4 Beds
2 Baths
1,500 Sq Ft
$565/Sq Ft Est. Value

Last Sold August 05, 2022

Last sale price $805,000 $537 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $5,603/month

11 Days on Market

Highlights

  • Park or Greenbelt View
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Corner Lot
  • Double Pane Windows
  • 3-minute walk to Salud Park

About This Home

As of August 2022

Looking for a great investment property or a place to call your own? Check out this fantastic duplex on a corner lot in Paramount! This property features two detached units, each with two bedrooms and one bathroom. Each unit has its own detached garage, perfect for extra storage or parking. The corner lot is located across the street from Salud Park, which features a track, sand volleyball court and large field. Unit 7207 features a large kitchen, inside laundry and an updated bathroom. Unit 7203 features a galley kitchen with laundry and a 2-car garage that is being used as an office. Both units have dual pane windows and a front and backyard space. Don't miss out on this great opportunity!

Last Listed By

Charisse Okamoto

Caliber Real Estate Group License #01865682 Listed on: 06/24/2022

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,852

Year Built

  • Built in 1948

Lot Details

  • 9,710 Sq Ft Lot
  • No Common Walls
  • Corner Lot
  • Back and Front Yard

Parking

  • 3 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,500 Sq Ft Home
  • Double Pane Windows
  • Park or Greenbelt Views
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 22 / C
  • Tax Tract Number 11345
  • Assessor Parcel Number 6241024032
  • $865 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,852

Year Built

Built in 1948

Lot Details

0

Parking

3

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: PARM*
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 6241024032
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1500.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 536.67
  • Room Type: All Bedrooms Down
  • Window Features: Double Pane Windows

Exterior Features

  • View: Park/Greenbelt
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: 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: Sidewalks

Schools

  • School District: Paramount Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard
  • Lot Size Sq Ft: 9710.00
  • Lot Size Acres: 0.2229

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9710.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: C
  • Tax Census Tract: 5536.01
  • Tax Lot: 22
  • Tax Tract Number: 11345
  • TaxOtherAnnualAssessmentAmount: 865.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 24, 2022
Closed on
Jul 29, 2022
Sold by
Daniel Rivera
Bought by
Saldana Gilbert
Seller's Agent
Charisse Okamoto
Caliber Real Estate Group
Buyer's Agent
Katiana Cadena
RE/MAX College Park Realty
List Price
$799,000
Sold Price
$805,000
Premium/Discount to List
$6,000
0.75%
Total Days on Market
11
Views
4
Current Estimated Value
$847,420

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$42,420
Avg. Annual Appreciation
1.43%
Original Mortgage
$785,510
Outstanding Balance
$758,460
Interest Rate
5.81%
Mortgage Type
FHA
Estimated Equity
$78,529

Purchase Details

Listed on
Jun 24, 2022
Closed on
Jul 8, 2022
Sold by
Gilbert Saldana
Bought by
Ruiz Rigoberto and Collazo Maria
Seller's Agent
Charisse Okamoto
Caliber Real Estate Group
Buyer's Agent
Katiana Cadena
RE/MAX College Park Realty
List Price
$799,000
Sold Price
$805,000
Premium/Discount to List
$6,000
0.75%
Views
4

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$785,510
Outstanding Balance
$758,460
Interest Rate
5.81%
Mortgage Type
FHA
Estimated Equity
$78,529

Purchase Details

Closed on
Jan 15, 2015
Sold by
Rivera Gabriel and Rivera Danny
Bought by
Rivera Daniel C and Rivera Concepcion

Purchase Details

Closed on
Jul 21, 2006
Sold by
Rivera Danny and Rivera Conception
Bought by
Rivera Gabriel and Rivera Danny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.64%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Jul 17, 2006
Sold by
Rivera Gabriel
Bought by
Rivera Danny and Rivera Conception

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.64%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 31, 2006
Sold by
Rivera Gabriel and Rivera Glenda Ann
Bought by
Rivera Gabriel and Rivera Danny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
7.64%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Mar 30, 2004
Sold by
Rivera Gabriel
Bought by
Rivera Gabriel and Rivera Danny

Purchase Details

Closed on
May 8, 2003
Sold by
Rivera Daniel C and Rivera Concepcion
Bought by
Rivera Gabriel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 6, 1996
Sold by
Suhrie George W and Suhrie Marion B
Bought by
Rivera Daniel C and Rivera Conception

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,500
Interest Rate
7.04%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jan 4, 1996
Sold by
Padilla Ruben and Padilla Virginia R
Bought by
Suhrie George W and Suhrie Marion B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,500
Interest Rate
7.04%
Mortgage Type
Seller Take Back

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 Buyer Sale Price Title Company
Ruiz Rigoberto $805,000 Lawyers Title
Cardenas Alicia Collazo -- Lawyers Title
Rivera Daniel C -- Accommodation
Rivera Gabriel -- None Available
Rivera Danny -- None Available
Rivera Gabriel -- Accommodation
Rivera Gabriel -- --
Rivera Gabriel -- Fidelity National Title Ins
Rivera Daniel C $160,000 --
Suhrie George W $133,628 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruiz Rigoberto $785,510
Previous Owner Rivera Daniel C $669,000
Previous Owner Rivera Gabriel $294,350
Previous Owner Rivera Danny $270,000
Previous Owner Rivera Gabriel $38,000
Previous Owner Rivera Gabriel $187,000
Previous Owner Rivera Daniel C $159,864
Previous Owner Rivera Daniel C $163,600
Previous Owner Rivera Daniel C $152,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2022 08/05/22 Sold $805,000 +0.8% $537 / Sq Ft
07/05/2022 07/05/22 Pending -- -- --
06/24/2022 06/24/22 For Sale $799,000 -- $533 / 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
2024 $10,852 $821,100 $530,400 $290,700
2023 $10,651 $805,000 $520,000 $285,000
2022 $4,590 $308,088 $242,519 $65,569
2021 $4,487 $302,048 $237,764 $64,284
2020 $4,396 $299,372 $235,327 $64,045
2019 $4,944 $293,511 $230,713 $62,798
2018 $6,106 $444,049 $272,515 $171,534
2016 $5,519 $426,404 $261,934 $164,470
2015 $3,615 $272,040 $214,142 $57,898
2014 $3,788 $284,959 $209,948 $75,011
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22128073

California Regional Multiple Listing Service (CRMLS)

APN: 6241-024-032