NOT LISTED FOR SALE

7221 Petrol St Unit 16 Paramount, CA 90723

Paramount Area

Estimated Value: $475,691

2 Beds
2 Baths
1,061 Sq Ft
1.93 Acre Lot

Sale Details

Date Sold: July 31, 2019

Last sale price $322,000 $303 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $3,276 / mo

6 Days on Market

Highlights

  • No Units Above
  • Peek-A-Boo Views
  • Cathedral Ceiling
  • Updated Kitchen
  • 1.93 Acre Lot
  • 5-minute walk to Salud Park

About This Home

As of July 2019

Step inside your beautiful 2 bedroom, 2 bathroom home. This fantastic 2-story Corner unit on the upper floor is a rare gem with an open-concept layout, high ceilings and a spacious loft on the second floor. Truly unique, it is one of the few larger floorplans in the complex. Features incredible upgrades throughout the home including newer laminate flooring, carpet, and interior paint. Open-concept living room boasts a Gas Fireplace for those cozy nights. Upgraded kitchen with quartz countertops, soft-closing cabinets with ample storage, and in-home laundry. Balcony off the living room perfect for you to sit and enjoy a cup of coffee and book. Open-concept continues up to the second-story loft that could be used for office space, additional living room, or possible additional bedroom. Master bedroom features upgraded bathroom and private balcony. Upgraded full bathroom adjacent to second bedroom. Close to multiple parks, Located near the 105 and 710 FWY, recreation parks and schools.

Last Agent to Sell the Property

Eric Minters

Seven Gables Real Estate License #01987572 Listed on: 06/11/2019

Seven Gables Real Estate

Last Buyer's Agent

Marcos Avalos

Circle Real Estate License #01943023

Circle Real Estate

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 1989 | Remodeled

Lot Details

  • No Units Above
  • End Unit
  • 1 Common Wall
  • Density is 6-10 Units/Acre

HOA Fees

  • $240 Monthly HOA Fees

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • 2 Carport Spaces
  • Parking Available
  • Automatic Gate
  • Parking Lot
  • Assigned Parking

Property Views

  • Peek-A-Boo
  • Park or Greenbelt
  • Neighborhood

Home Design

  • Turnkey

Interior Spaces

  • 1,061 Sq Ft Home
  • Cathedral Ceiling
  • Gas Fireplace
  • Sliding Doors
  • Living Room with Fireplace
  • Bonus Room
  • Storage

Kitchen

  • Updated Kitchen
  • Water Line To Refrigerator
  • Granite Countertops
  • Quartz Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry in Kitchen
  • Washer and Gas Dryer Hookup

Home Security

Outdoor Features

  • Living Room Balcony
  • Concrete Porch or Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Standard Electricity
  • Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 553601
  • Assessor Parcel Number 6241024079

Community Details

Overview

  • 89 Units
  • Paramount Emerald Court Association, Phone Number (562) 375-2145
  • Accord Managment Group HOA

Amenities

  • Laundry Facilities

Recreation

  • Park

Security

  • On-Site Manager or Management
  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1989 | Remodeled

Lot Details

1.93 Acres

HOA Fees

$240 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System
  • View: Yes
  • Zoning: PARM*
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6241024079
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1061.00 Square Feet
  • Interior Amenities: Balcony, Cathedral Ceiling(s), Granite Counters, High Ceilings, Living Room Balcony, Storage, Two Story Ceilings
  • Common Walls: 1 Common Wall, End Unit, No One Above
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 303.49
  • Room Type: Bonus Room, Kitchen, Living Room, Main Floor Bedroom, Main Floor Master Bedroom
  • Bathroom Features: Shower, Shower In Tub, Remodeled, Upgraded
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Neighborhood, Park/Greenbelt, Peek-A-Boo
  • Patio And Porch Features: Concrete
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Parking Space, Uncovered
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater, Water Line to Refrigerator
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Kitchen, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Call for Rules, Management, Controlled Access
  • Association Fee: 240.00
  • Association Fee Frequency: Monthly
  • Association Name: Paramount Emerald Court
  • Phone: 562-375-2145
  • Senior Community: No
  • Community Features: Curbs, Park, Sidewalks, Street Lights
  • Association Management: Accord Managment Group

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 84239.00
  • Lot Size Acres: 1.9339

Multi Family

  • Lease Considered: No
  • Lot Size Area: 84239.0000 Square Feet
  • Number Of Units In Community: 89
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 553601

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 11, 2019
Closed on
Jun 24, 2019
Sold by
Gomez Cesar
Bought by
Seller's Agent
Eric Minters
Seven Gables Real Estate
Buyer's Agent
Marcos Avalos
Circle Real Estate
List Price
$310,000
Sold Price
$322,000
Premium/Discount to List
$12,000
3.87%
Current Estimated Value
$475,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$153,691
Avg. Annual Appreciation
5.62%
Original Mortgage
$312,340
Interest Rate
3.82%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 20, 2015
Sold by
Sandoval Marcos
Bought by
Gomez Cesar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2011
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Sandoval Marcos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,708
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 11, 2010
Sold by
Gmac Mortgage Llc
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Feb 10, 2010
Sold by
Shi Hao
Bought by
Gmac Mortgage Llc and Gmac Mortgage Corporation

Purchase Details

Closed on
Dec 21, 2004
Sold by
Galvan Juan C
Bought by
Shi Hao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$7,200
Interest Rate
5.69%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 16, 2002
Sold by
Galvan Juan C and Vasquez Guadalupe E
Bought by
Galvan Juan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$12,000
Interest Rate
6.78%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Apr 5, 2000
Sold by
Secretary Of Housing And Urban Dev
Bought by
Galvan Juan C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$69,640
Interest Rate
8.08%
Mortgage Type
FHA
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Paramount, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$322,000 Chicago Title Company
Gomez Cesar $205,000 Usa National Title Co
Sandoval Marcos $120,000 First American Title Ins Co
The Secretary Of Housing & Urban Develop -- None Available
Gmac Mortgage Llc $233,327 Accommodation
Shi Hao -- Natc
Shi Hao $240,000 Natc
Galvan Juan C -- Southland Title
Galvan Juan C $71,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $306,500
Closed Garcia Ramon $312,340
Previous Owner Gomez Cesar $164,000
Previous Owner Sandoval Marcos $118,708
Previous Owner Shi Hao $75,000
Previous Owner Shi Hao $53,000
Previous Owner Shi Hao $7,200
Previous Owner Shi Hao $232,800
Previous Owner Galvan Juan C $96,000
Previous Owner Galvan Juan C $12,000
Previous Owner Galvan Juan C $96,000
Previous Owner Galvan Juan C $31,300
Previous Owner Galvan Juan C $69,640
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/31/2019 07/31/19 Sold $322,000 +3.9% $303 / Sq Ft
06/17/2019 06/17/19 Pending -- -- --
06/11/2019 06/11/19 For Sale $310,000 -- $292 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $4,784 $359,192 $181,269 $177,923
2025 $4,784 $352,150 $177,715 $174,435
2024 $4,617 $345,246 $174,231 $171,015
2023 $4,532 $338,477 $170,815 $167,662
2022 $4,410 $331,841 $167,466 $164,375
2021 $4,308 $325,335 $164,183 $161,152
2019 $3,170 $217,546 $64,945 $152,601
2018 $2,970 $213,281 $63,672 $149,609
2016 $2,668 $205,000 $61,200 $143,800
2015 $1,722 $127,918 $25,583 $102,335
2014 $1,763 $125,413 $25,082 $100,331
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19130994

California Regional Multiple Listing Service (CRMLS)

APN: 6241-024-079

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