NOT LISTED FOR SALE

7221 Petrol St Unit 34 Paramount, CA 90723

Estimated Value: $476,000 - $490,000

2 Beds
2 Baths
1,064 Sq Ft
$240/mo HOA Fee

Last Sold May 21, 2019

Last sale price $305,000 $287 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $3,146/month

24 Days on Market

Highlights

  • Gated Community
  • Neighborhood Views
  • Controlled Access
  • 1.93 Acre Lot
  • Security Service
  • 5-minute walk to Salud Park

About This Home

As of May 2019

Calling ALL Investors! You won’t want to miss this OPPORTUNITY! Top floor condo in a gated community next to the recreation park. 2 bedrooms 2 bathrooms with an upstairs loft divided into a third bedroom/office.
Spacious living room with a cozy fireplace. Two balconies, one off the living room and other accessible from the master bedroom. Central heat and air. In unit washer/dryer hookups. Convenient Location near the 105 and 710 freeways. Open floorpan with High ceilings throughout home.

Last Agent to Sell the Property

Hannah Park

Keller Williams Realty Irvine License #02029205 Listed on: 04/06/2019

Keller Williams Realty Irvine

Last Buyer's Agent

Mario Acevedo

Acevedo Group License #01714944

Acevedo Group

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1989

Lot Details

  • 1.93

HOA Fees

  • $240 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Carport
  • Parking Available

Interior Spaces

  • 1,064 Sq Ft Home
  • Living Room with Fireplace
  • Neighborhood Views

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Carport
  • Laundry in Kitchen

Additional Features

  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 46929
  • Assessor Parcel Number 6241024097

Community Details

Overview

  • 68 Units
  • Accord Managment Group Association, Phone Number (888) 959-7671
  • Maintained Community

Amenities

  • Picnic Area

Security

  • Security Service
  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1989

Lot Details

0

HOA Fees

$240 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated Community
  • View: Yes
  • Zoning: PARM*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6241024097
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1064.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 286.65
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Carport, In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area, Maintenance Grounds, Trash, Water, Security, Controlled Access
  • Association Fee: 240.00
  • Association Fee Frequency: Monthly
  • Association Name: Accord Managment Group
  • Phone: 888-959-7671
  • Senior Community: No
  • Community Features: Sidewalks
  • Association Management: Accord Managment Group

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • 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: 68
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5536.01
  • Tax Lot: 1
  • Tax Tract Number: 46929

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2019
Closed on
May 3, 2019
Sold by
Sankari Family Trust
Bought by
Webb Ray and Davis Joycelyn
Seller's Agent
Hannah Park
Keller Williams Realty Irvine
Buyer's Agent
Mario Acevedo
Acevedo Group
List Price
$299,999
Sold Price
$305,000
Premium/Discount to List
$5,001
1.67%
Current Estimated Value
$484,778

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$179,778
Avg. Annual Appreciation
7.25%

Purchase Details

Closed on
Mar 23, 2017
Sold by
Sankari Faurum Mahendra
Bought by
Sankari Sami and Sankari Faurum

Purchase Details

Closed on
Oct 14, 2016
Sold by
Sankari Faurum Mahendra and Doshi Faurum
Bought by
Sankari Faurum Mahendra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$179,400
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 27, 2013
Closed on
Sep 24, 2013
Sold by
Jimenez Leticia
Bought by
Doshi Faurum
Seller's Agent
Alvaro Santillan
Century 21 Allstars
Buyer's Agent
Ignacio Gutierrez
Pak Home Realty
List Price
$159,000
Sold Price
$160,000
Premium/Discount to List
$1,000
0.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.54%
Original Mortgage
$128,000
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2002
Sold by
Varn Michael J
Bought by
Jimenez Leticia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,750
Interest Rate
6.78%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Webb Ray $305,000 Lawyers Title Company
Sankari Sami -- None Available
Sankari Faurum Mahendra -- Old Republic Title Company
Sankari Faurum Mahendra -- Old Republic Title Company
Doshi Faurum $160,000 Title 365
Jimenez Leticia $125,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sankari Faurum Mahendra $179,400
Previous Owner Doshi Faurum $128,000
Previous Owner Jimenez Leticia $118,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/21/2019 05/21/19 Sold $305,000 +1.7% $287 / Sq Ft
04/30/2019 04/30/19 Pending -- -- --
04/22/2019 04/22/19 For Sale $299,999 -1.6% $282 / Sq Ft
04/20/2019 04/20/19 Off Market $305,000 -- --
04/06/2019 04/06/19 For Sale $299,999 +87.5% $282 / Sq Ft
11/08/2013 11/08/13 Sold $160,000 +0.6% $150 / Sq Ft View Prior Sale
09/20/2013 09/20/13 Pending -- -- --
08/27/2013 08/27/13 For Sale $159,000 -0.6% $149 / Sq Ft
08/07/2013 08/07/13 Pending -- -- --
07/26/2013 07/26/13 Off Market $160,000 -- --
07/17/2013 07/17/13 For Sale $159,000 -- $149 / 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 $4,476 $340,227 $161,859 $178,368
2024 $4,476 $333,557 $158,686 $174,871
2023 $4,394 $327,018 $155,575 $171,443
2022 $4,275 $320,607 $152,525 $168,082
2021 $4,176 $314,322 $149,535 $164,787
2019 $1,571 $175,820 $35,162 $140,658
2018 $2,473 $172,373 $34,473 $137,900
2016 $2,223 $165,683 $33,136 $132,547
2015 $2,103 $163,196 $32,639 $130,557
2014 $2,313 $160,000 $32,000 $128,000
Source: Public Records

Agents Affiliated with this Home

  • Hannah Park

    Seller's Agent in 2019

    Hannah Park

    Keller Williams Realty Irvine

    (949) 656-0070

    42 Total Sales

    Hannah Park
    Section Image
  • Mario Acevedo

    Buyer's Agent in 2019

    Mario Acevedo

    Acevedo Group

    (562) 556-1965

    32 Total Sales

    Mario Acevedo
    Section Image
  • Alvaro Santillan

    Seller's Agent in 2013

    Alvaro Santillan

    Century 21 Allstars

    (323) 595-0798

    1 in this area

    15 Total Sales

    Alvaro Santillan
    Section Image

  • I

    Buyer's Agent in 2013

    Ignacio Gutierrez

    Pak Home Realty

    (562) 619-3302

    14 Total Sales

    Ignacio Gutierrez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19053215

California Regional Multiple Listing Service (CRMLS)

APN: 6241-024-097

California Los Angeles County Paramount 90723

7221 Petrol St Unit 34, Paramount, CA

Not Listed for Sale

Condos

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