NOT LISTED FOR SALE

7225 Jackson St Paramount, CA 90723

Estimated Value: $689,634 - $837,000

6 Beds
3 Baths
1,570 Sq Ft
$499/Sq Ft Est. Value

Last Sold August 08, 2014

Last sale price $440,000 $280 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $4,694/month

6 Days on Market

About This Home

As of August 2014

Investor's opportunity. Beautifully remodeled two units in Paramount; near shopping center and two major freeways. Perfect for setting roots with the family and renting one unit; or rent both units and gain more as an investor. In front of elementary school.
Front unit 2 bedroom 1 bath, rear unit 2 story 4 bedroom 2 bath. Garage with 4 car spaces.
New kitchen cabinets, remodeled bathrooms, new flooring, and new stucco.

Last Agent to Sell the Property

KEVIN GARCIA

CONTACT ONE REALTY License #01949306 Listed on: 07/24/2014

Last Buyer's Agent

Julio Martinez

J C Realty & Mortgage Corp License #01751089

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 4,966 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls

Parking

  • 4 Car Garage

Home Design

  • 1,570 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 9371
  • Assessor Parcel Number 7102006022

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $3,450

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • Property Type: Residential Income
  • Parcel Number: 7102006022
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 280.25

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 4966.00
  • Lot Size Acres: 0.1140

Multi Family

  • Gross Income: 3450.00
  • Gross Scheduled Income: 41400.00
  • Lot Size Area: 4966.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 21
  • Tax Tract Number: 9371

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 24, 2014
Closed on
Jul 31, 2014
Sold by
Yireh Investment Group Inc
Bought by
Elenes Monica P
Seller's Agent
KEVIN GARCIA
CONTACT ONE REALTY
Buyer's Agent
Julio Martinez
J C Realty & Mortgage Corp
List Price
$399,500
Sold Price
$440,000
Premium/Discount to List
$40,500
10.14%
Current Estimated Value
$783,159

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$343,159
Avg. Annual Appreciation
5.19%
Original Mortgage
$305,000
Outstanding Balance
$232,649
Interest Rate
4.12%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$550,510

Purchase Details

Listed on
Oct 19, 2013
Closed on
Oct 4, 2013
Sold by
Martinez Ignacio and Martinez Catalina
Bought by
Yireh Investment Group Inc
Seller's Agent
Carlos Barrios
Continental Pacific Realty
Buyer's Agent
JUAN GRANADOS
CONTACT ONE REALTY
List Price
$235,000
Sold Price
$189,000
Premium/Discount to List
-$46,000
-19.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
208.55%
Original Mortgage
$240,000
Interest Rate
4.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 15, 2006
Sold by
Martinez Catalina
Bought by
Martinez Ignacio and Martinez Catalina M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,000
Interest Rate
7.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2004
Sold by
Murrillo David and Murrillo Mercedes
Bought by
Martinez Luz Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
3.58%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2003
Sold by
Hoffman Walter G and Frances P Martin Living Trust
Bought by
Murillo David and Murillo Mercedes

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$216,000
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage
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
Elenes Monica P $445,000 Old Republic Title Company
Yireh Investment Group Inc $250,000 Old Republic Title Company
Martinez Ignacio -- First American Title
Martinez Luz Maria $375,000 First American Title Company
Murillo David $240,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Elenes Monica P $305,000
Previous Owner Yireh Investment Group Inc $240,000
Previous Owner Martinez Ignacio $371,000
Previous Owner Martinez Luz Maria $356,250
Previous Owner Murillo David $216,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/08/2014 08/08/14 Sold $440,000 +10.1% $280 / Sq Ft
07/30/2014 07/30/14 Pending -- -- --
07/24/2014 07/24/14 For Sale $399,500 +111.4% $254 / Sq Ft
11/07/2013 11/07/13 Sold $189,000 -19.6% $120 / Sq Ft View Prior Sale
05/28/2013 05/28/13 Pending -- -- --
05/25/2013 05/25/13 For Sale $235,000 -- $150 / 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 $7,096 $534,816 $240,367 $294,449
2024 $7,096 $524,330 $235,654 $288,676
2023 $6,967 $514,050 $231,034 $283,016
2022 $6,783 $503,971 $226,504 $277,467
2021 $6,629 $494,090 $222,063 $272,027
2020 $6,483 $489,025 $219,787 $269,238
2019 $6,796 $479,437 $215,478 $263,959
2018 $6,298 $470,037 $211,253 $258,784
2016 $5,655 $451,786 $203,050 $248,736
2015 $5,777 $445,000 $200,000 $245,000
2014 $5,026 $345,000 $224,000 $121,000
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2014

    KEVIN GARCIA

    CONTACT ONE REALTY

  • J

    Buyer's Agent in 2014

    Julio Martinez

    J C Realty & Mortgage Corp

  • C

    Seller's Agent in 2013

    Carlos Barrios

    Continental Pacific Realty

    Section Image

  • J

    Buyer's Agent in 2013

    JUAN GRANADOS

    CONTACT ONE REALTY

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV14157237

California Regional Multiple Listing Service (CRMLS)

APN: 7102-006-022

California Los Angeles County Paramount 90723

7225 Jackson St, Paramount, CA

Not Listed for Sale

MultiFamily

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