NOT LISTED FOR SALE

7221 Petrol St Unit 56 Paramount, CA 90723

Estimated Value: $445,000 - $494,422

2 Beds
3 Baths
898 Sq Ft
$240/ mo HOA Fee

Last Sold May 16, 2022

Last sale price $471,000 $524 Per Sq Ft

Current estimated payment $3,257/month

4 Days on Market

Highlights

  • 1.93 Acre Lot
  • 2 Detached Carport Spaces
  • Maintained Community
  • Laundry Room
  • Central Heating and Cooling System
  • 5-minute walk to Salud Park

About This Home

As of May 2022

YOUR BEAUTIFUL NEW HOME!! Great 2 Story Condo is located in the Great City of Paramount!! Your Condo Features plenty of space for family event with a sizeable living room and private balconies!! Your New Home Features 2 Master Bedrooms with each having their own Master Bathrooms!! Enjoy Your Brand New AC and Heating System just installed in 2021!! Park Located at the corner Great for Family Events!! You will be conveniently located near the 710, 105, and 91freeway!!

Last Agent to Sell the Property

Hani Awad

Embassy Financial Group Inc. License #01754357 Listed on: 03/10/2022

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1989

Lot Details

  • 1.93

HOA Fees

  • $240 Monthly HOA Fees

Interior Spaces

  • 898 Sq Ft Home
  • Family Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

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

Parking

  • 2 Parking Spaces
  • 2 Detached Carport Spaces
  • Parking Available

Additional Features

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

Community Details

  • 68 Units
  • Paramount Emerald Association, Phone Number (888) 959-7671
  • Accord Management HOA
  • Maintained Community

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 46929
  • Assessor Parcel Number 6241024119
  • $402 per year additional tax assessments

Property Details

Home Type

Condominium

Year Built

Built in 1989

Lot Details

1.93 Acres

HOA Fees

$240 per month

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: PARM*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6241024119
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 898.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 524.50
  • Room Type: All Bedrooms Up, Family Room, Kitchen, Master Bathroom, Master Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Detached Carport
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Trash, Water
  • Association Fee: 240.00
  • Association Fee Frequency: Monthly
  • Association Name: Paramount Emerald
  • Phone: 888-959-7671
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Accord Management

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • 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
  • TaxOtherAnnualAssessmentAmount: 402.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 10, 2022
Closed on
Mar 28, 2022
Sold by
Ong Calonzo Jonathan
Bought by
Brocato Frances
Seller's Agent
Hani Awad
Embassy Financial Group Inc.
List Price
$429,888
Sold Price
$471,000
Premium/Discount to List
$41,112
9.56%
Current Estimated Value
$472,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,856
Avg. Annual Appreciation
0.10%

Purchase Details

Listed on
Sep 11, 2016
Closed on
Sep 20, 2016
Sold by
Acevedo Rosa Delia
Bought by
Brocato Frances
Seller's Agent
Carla Dietz-Ledford
Elevate Real Estate Agency
Buyer's Agent
Josephine Velasco
Coldwell Banker Envision
List Price
$238,900
Sold Price
$241,000
Premium/Discount to List
$2,100
0.88%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.86%
Original Mortgage
$233,770
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 26, 2004
Sold by
Hawkins Marilyn Weathers
Bought by
Acevedo Rosa Delia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
4.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 4, 2001
Sold by
Cornejo Agustin E and Cornejo Augustin E
Bought by
Hawkins Marilyn Weathers

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,550
Interest Rate
6.73%
Mortgage Type
FHA

Purchase Details

Closed on
Nov 17, 1997
Sold by
Ocwen Federal Bank Fsb
Bought by
Cornejo Augustin E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$78,200
Interest Rate
7.23%
Mortgage Type
FHA

Purchase Details

Closed on
May 23, 1997
Sold by
Thorpe Darren M and Ocwen Federal Bank Fsb
Bought by
Ocwen Federal Bank Fsb

Purchase Details

Closed on
Dec 6, 1995
Sold by
Thorpe Darren M and Thorpe Cheryl A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Brocato Frances -- Chicago Title
Brocato Frances $241,000 Landwood Title Company
Acevedo Rosa Delia $200,000 Alliance Title
Hawkins Marilyn Weathers $124,000 Southland Title
Cornejo Augustin E $80,000 Chicago Title Co
Ocwen Federal Bank Fsb $55,500 Chicago Title Co
-- $2,293 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Brocato Frances $233,770
Previous Owner Acevedo Rosa Delia $160,000
Previous Owner Hawkins Marilyn Weathers $111,550
Previous Owner Cornejo Augustin E $78,200
Closed Hawkins Marilyn Weathers $6,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/16/2022 05/16/22 Sold $471,000 +9.6% $524 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
03/10/2022 03/10/22 For Sale $429,888 +78.4% $479 / Sq Ft
11/01/2016 11/01/16 Sold $241,000 +0.9% $268 / Sq Ft View Prior Sale
09/13/2016 09/13/16 Pending -- -- --
09/11/2016 09/11/16 For Sale $238,900 -- $266 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,358 $499,827 $311,676 $188,151
2024 $6,358 $490,027 $305,565 $184,462
2023 $6,239 $480,420 $299,574 $180,846
2022 $3,495 $263,564 $111,112 $152,452
2021 $3,413 $258,397 $108,934 $149,463
2019 $3,493 $250,735 $105,704 $145,031
2018 $3,271 $245,820 $103,632 $142,188
2016 $2,718 $210,000 $120,000 $90,000
2015 $2,352 $187,000 $107,000 $80,000
2014 $2,259 $170,000 $96,900 $73,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS22043932

California Regional Multiple Listing Service (CRMLS)

APN: 6241-024-119

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