NOT LISTED FOR SALE

7221 Petrol St Unit 8 Paramount, CA 90723

Paramount Area

Estimated Value: $465,065

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

Sale Details

Date Sold: March 4, 2020

Last sale price $355,000 $335 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $3,301 / mo

20 Days on Market

Highlights

  • 1.94 Acre Lot
  • Loft
  • Security Service
  • Multi-Level Bedroom
  • Neighborhood Views
  • 5-minute walk to Salud Park

About This Home

As of March 2020

Beautiful Condo in a quiet area of Paramount close to freeways, shopping centers, schools and park down the street just one block away. This condo features an open floor plan with high ceilings through out. Two bedrooms two Full bathrooms, living room has a gas chimney. Upgraded/remodeled kitchen with newer cabinets, quartz counter tops, breakfast bar, and laundry hook ups. There are 2 balconys one in the master bedroom and the other in the living room. Condo has central AC and heating. There is a bonus room, loft upstairs can be used as a THIRD bedroom office or playroom. This condo has lots of upgrades through out. This gated community has low Hoa fees and two convenient parking spaces for this unit just in the entrance of the complex.

Last Agent to Sell the Property

Carlos Herrera

Realty One Group United License #02003117 Listed on: 01/01/2020

Realty One Group United

Co-Listed By

Salomon Vargas

Realty One Group United License #02002950

Last Buyer's Agent

Leah Melika

Compass License #01472610

Compass

Range of Values:

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Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 1989

Lot Details

  • 1.94

HOA Fees

  • $240 Monthly HOA Fees

Interior Spaces

  • 1,061 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Loft
  • Bonus Room
  • Neighborhood Views
  • Laundry in Kitchen

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Multi-Level Bedroom
  • 2 Full Bathrooms

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 6241024071

Community Details

Overview

  • Master Insurance
  • 68 Units
  • Paramount Emerald Court Association, Phone Number (888) 959-7671
  • Maintained Community

Amenities

  • Laundry Facilities

Recreation

  • Dog Park

Security

  • Security Service
  • Controlled Access

Property Details

Home Type

Condominium

Year Built

Built in 1989

Lot Details

1.94 Acres

HOA Fees

$240 per month

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: PARM*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6241024071
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1061.00 Square Feet
  • Stories: 2
  • 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: 334.59
  • Room Type: Bonus Room, Loft, Master Bathroom, Master Bedroom, Multi-Level Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Maintenance Grounds, Trash, Water, Security, Controlled Access
  • Association Fee: 240.00
  • Association Fee Frequency: Monthly
  • Association Name: Paramount Emerald Court
  • Phone: 888-959-7671
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Dog Park, Sidewalks
  • Association Management: Paramount Emerald Court

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 84308.00
  • Lot Size Acres: 1.9354

Multi Family

  • Lease Considered: No
  • Lot Size Area: 84308.0000 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

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
Jan 1, 2020
Closed on
Feb 28, 2020
Sold by
Herrera Brenda
Bought by
Seller's Agent
Carlos Herrera
Realty One Group United
Buyer's Agent
Leah Melika
Compass
List Price
$350,000
Sold Price
$355,000
Premium/Discount to List
$5,000
1.43%
Current Estimated Value
$465,065

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$110,065
Avg. Annual Appreciation
4.20%
Original Mortgage
$215,000
Outstanding Balance
$186,248
Interest Rate
3.6%
Mortgage Type
New Conventional
Estimated Equity
$278,817

Purchase Details

Listed on
Nov 13, 2016
Closed on
Feb 27, 2017
Sold by
Gil Melisa
Bought by
Herrera Brenda
Seller's Agent
Alonso Rodriguez
AGR and Associates
Buyer's Agent
Carlos Herrera
Realty One Group United
List Price
$269,000
Sold Price
$270,000
Premium/Discount to List
$1,000
0.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.76%
Original Mortgage
$9,450
Interest Rate
4.16%
Mortgage Type
Negative Amortization

Purchase Details

Listed on
Aug 2, 2016
Closed on
Sep 6, 2016
Sold by
Campbell Latosha
Bought by
Gil Melisa
Seller's Agent
Steven Tobin
Modern Realtors Real Estate
Buyer's Agent
Angie Zecena
United Real Estate Pacific States
List Price
$180,000
Sold Price
$180,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
156.75%
Original Mortgage
$171,000
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 1, 2006
Sold by
White Michael J
Bought by
Campbell Latosha

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,400
Interest Rate
6.57%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jun 5, 1997
Sold by
White Elvira A
Bought by
White Michael J

Purchase Details

Closed on
May 16, 1997
Sold by
Countrywide Home Loans Inc
Bought by
White Michael

Purchase Details

Closed on
Jan 23, 1997
Sold by
Herweg Gregory M and Countrywide Home Loans Inc
Bought by
Countrywide Home Loans Inc and Countrywide Funding Corp
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
$355,000 Ticor Ttl Orange Cnty Branch
Herrera Brenda $270,000 Multiple
Gil Melisa $180,000 Provident Title Company
Campbell Latosha $332,000 Equity Title
White Michael J -- Landsafe Title
White Michael $77,000 Landsafe Title
Countrywide Home Loans Inc $40,000 Landsafe Title
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 $215,000
Previous Owner Herrera Brenda $7,857
Previous Owner Herrera Brenda $9,450
Previous Owner Herrera Brenda $261,900
Previous Owner Gil Melisa $171,000
Previous Owner Campbell Latosha $17,652
Previous Owner Campbell Latosha $66,400
Previous Owner Campbell Latosha $265,600
Previous Owner White Michael J $55,000
Previous Owner White Michael $148,000
Previous Owner White Michael J $101,250
Previous Owner White Michael J $77,058
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 Prior Sale
03/04/2020 03/04/20 Sold $355,000 +1.4% $335 / Sq Ft
01/21/2020 01/21/20 Pending -- -- --
01/13/2020 01/13/20 For Sale $350,000 -1.4% $330 / Sq Ft
01/09/2020 01/09/20 Off Market $355,000 -- --
01/01/2020 01/01/20 For Sale $350,000 +29.6% $330 / Sq Ft
03/28/2017 03/28/17 Sold $270,000 +0.4% $254 / Sq Ft View Prior Sale
02/07/2017 02/07/17 Price Changed $269,000 0.0% $254 / Sq Ft
02/07/2017 02/07/17 For Sale $269,000 0.0% $254 / Sq Ft
11/17/2016 11/17/16 Pending -- -- --
11/13/2016 11/13/16 For Sale $269,000 +49.4% $254 / Sq Ft
10/21/2016 10/21/16 Sold $180,000 0.0% $170 / Sq Ft View Prior Sale
08/10/2016 08/10/16 Pending -- -- --
08/02/2016 08/02/16 For Sale $180,000 -- $170 / 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 $5,219 $396,005 $218,082 $177,923
2025 $5,219 $388,241 $213,806 $174,435
2024 $5,045 $380,629 $209,614 $171,015
2023 $4,952 $373,166 $205,504 $167,662
2022 $4,818 $365,850 $201,475 $164,375
2021 $4,707 $358,677 $197,525 $161,152
2020 $3,792 $286,526 $132,651 $153,875
2019 $3,975 $280,908 $130,050 $150,858
2018 $3,726 $275,400 $127,500 $147,900
2016 $2,793 $223,000 $147,300 $75,700
2015 $2,672 $223,000 $147,300 $75,700
2014 $2,785 $223,000 $147,300 $75,700
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20000201

California Regional Multiple Listing Service (CRMLS)

APN: 6241-024-071

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