NOT LISTED FOR SALE

7229 Jackson St Paramount, CA 90723

Estimated Value: $620,000 - $977,000

3 Beds
2 Baths
1,354 Sq Ft
$581/Sq Ft Est. Value

Last Sold April 27, 2017

Last sale price $515,000 $380 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $5,017/month

125 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Wall Furnace
  • Front Yard
  • Fireplace in Bathroom

About This Home

As of April 2017

This home is located at 7229 Jackson St, Paramount, CA 90723 since 09 December 2016 and is currently estimated at $786,834, approximately $581 per square foot. This property was built in 1957. 7229 Jackson St is a home located in Los Angeles County with nearby schools including Wesley Gaines School, Leona Jackson Middle School, and Paramount High School.

Last Agent to Sell the Property

Ericka Saenz

Century 21 Jervis & Associates License #01432189 Listed on: 12/09/2016

Century 21 Jervis & Associates

Last Buyer's Agent

Ruth Victoria

Harmon Homes Inc. License #01439147

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,817

Year Built

  • Built in 1957

Lot Details

  • 5,059 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls
  • Front Yard

Parking

  • 3 Open Parking Spaces
  • 1 Car Garage

Home Design

  • 1,354 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms
  • Fireplace in Bathroom

Utilities

  • Wall Furnace
  • Natural Gas Connected
  • Sewer Paid

Additional Features

  • Fireplace in Kitchen
  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone
  • Tax Lot 7102
  • Tax Tract Number 6023
  • Assessor Parcel Number 7102006023

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Trash Expense $1,200
  • Water Sewer Expense $2,200
  • Operating Expense $5,400
  • Gross Income $29,400
  • Net Operating Income $29,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,817

Year Built

Built in 1957

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Water Sewer Expenses: 2200.00
  • Zoning: PAR2*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 7102006023
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Common Walls: 2+ Common Walls
  • Fireplace Features: Bath, Kitchen
  • Levels: One
  • Price Per Square Foot: 380.35
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Water Connected
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Sewer: Sewer Paid
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5059.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone

Multi Family

  • Average1 Bed Area: 614 Square Feet
  • Average2 Bed Area: 740 Square Feet
  • Gross Income: 29400.00
  • Gross Scheduled Income: 34800.00
  • Insurance Expense: 2000.00
  • Net Operating Income: 29400.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 5400.00
  • Rent Control: No
  • Total Actual Rent: 2900.00
  • Total Expenses: 5400.00

Tax Info

  • Tax Census Tract: 5538.02
  • Tax Lot: 7102
  • Tax Tract Number: 006023

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 9, 2016
Closed on
Apr 11, 2017
Sold by
Contreras Ramiro and Contreras Feliciano
Bought by
Veloz Enrique Perez
Seller's Agent
Ericka Saenz
Century 21 Jervis & Associates
Buyer's Agent
Ruth Victoria
Harmon Homes Inc.
List Price
$575,000
Sold Price
$515,000
Premium/Discount to List
-$60,000
-10.43%
Current Estimated Value
$786,834

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$271,834
Avg. Annual Appreciation
3.85%

Purchase Details

Listed on
Sep 5, 2013
Closed on
Oct 16, 2013
Sold by
Pineda Endeavors Inc
Bought by
Contreras Ramiro and Contreras Feliciano
Seller's Agent
Alfredo Pineda
Keller Williams Beverly Hills
Buyer's Agent
Ericka Saenz
Century 21 Jervis & Associates
List Price
$375,000
Sold Price
$375,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.46%
Original Mortgage
$300,000
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 31, 2013
Closed on
Feb 11, 2013
Sold by
The Bank Of New York Mellon
Bought by
Pineda Endeavors Inc
Seller's Agent
Rob Buchan
Keller Williams Realty
Buyer's Agent
Rob Buchan
Keller Williams Realty
List Price
$240,000
Sold Price
$200,000
Premium/Discount to List
-$40,000
-16.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
171.23%
Original Mortgage
$192,000
Interest Rate
3.4%
Mortgage Type
Unknown

Purchase Details

Closed on
Sep 24, 2012
Sold by
Martinez Catalina M and Martinez Ignacio
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Oct 26, 2011
Sold by
Martinez Catalina M and Martinez Ignacio
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jan 24, 2006
Sold by
Gonzalez Jaime
Bought by
Martinez Ignacio and Martinez Catalina

Purchase Details

Closed on
Aug 24, 2004
Sold by
Murillo David and Murillo Mercedes
Bought by
Gonzalez Jaime

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,250
Interest Rate
3.77%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 5, 2003
Sold by
Hoffman Walter G and Keppler Jill
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
$193,500
Interest Rate
5.26%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

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Range of Values:

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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
Veloz Enrique Perez $515,000 Pacific Coast Title
Contreras Ramiro $375,000 Fidelity National Title Co
Contreras Feliciano -- Fidelity National Title Co
Contreras Ramiro -- Fidelity National Title Co
Pineda Endeavors Inc $200,000 None Available
The Bank Of New York Mellon $209,700 Landsafe Title
The Bank Of New York Mellon $210,600 Landsafe Title
Martinez Ignacio -- None Available
Gonzalez Jaime $335,000 Fatcola
Murillo David $215,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Contreras Ramiro $300,000
Previous Owner Pineda Endeavors Inc $192,000
Previous Owner Pineda Endeavors Inc $192,000
Previous Owner Martinez Ignacio $207,000
Previous Owner Martinez Ignacio $330,550
Previous Owner Gonzalez Jaime $318,250
Previous Owner Murillo David $59,000
Previous Owner Murillo David $193,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2017 04/27/17 Sold $515,000 -1.9% $380 / Sq Ft
04/13/2017 04/13/17 Pending -- -- --
04/05/2017 04/05/17 Price Changed $525,000 -2.8% $388 / Sq Ft
03/07/2017 03/07/17 Price Changed $540,000 -3.6% $399 / Sq Ft
02/14/2017 02/14/17 Price Changed $560,000 -2.6% $414 / Sq Ft
12/09/2016 12/09/16 For Sale $575,000 +53.3% $425 / Sq Ft
10/23/2013 10/23/13 Sold $375,000 0.0% $268 / Sq Ft
09/05/2013 09/05/13 Pending -- -- --
09/05/2013 09/05/13 For Sale $375,000 +87.5% $268 / Sq Ft
03/08/2013 03/08/13 Sold $200,000 -16.7% $163 / Sq Ft
01/31/2013 01/31/13 Pending -- -- --
12/21/2012 12/21/12 For Sale $240,000 -- $196 / 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
2024 $7,817 $585,977 $409,615 $176,362
2023 $7,673 $574,488 $401,584 $172,904
2022 $7,470 $563,224 $393,710 $169,514
2021 $7,302 $552,182 $385,991 $166,191
2020 $7,139 $546,521 $382,034 $164,487
2019 $7,490 $535,806 $374,544 $161,262
2018 $6,960 $525,300 $367,200 $158,100
2016 $4,930 $388,324 $232,994 $155,330
2015 $4,651 $382,492 $229,495 $152,997
2014 $4,768 $375,000 $225,000 $150,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16761394

California Regional Multiple Listing Service (CRMLS)

APN: 7102-006-023