NOT LISTED FOR SALE

7250 Petrol St Unit A1 Paramount, CA 90723

Estimated Value: $486,000 - $517,000

2 Beds
1.5 Baths
1,113 Sq Ft
$300/mo HOA Fee

Last Sold February 23, 2023

Last sale price $427,000 $384 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $3,590/month

113 Days on Market

Highlights

  • 0.41 Acre Lot
  • Walk-In Closet
  • Laundry Room
  • 2 Car Attached Garage
  • Living Room
  • Central Heating

About This Home

As of February 2023

PRICE REDUCTION!! Townhouse style unit located in gated community. Property has 2 nice sized bedrooms with walk-in closets. Very recent upgrades include brand new carpet in both bedrooms, fresh new paint throughout the unit and a re-glazed bath tub. In addition, there's an updated kitchen and bathrooms, 2 car attached garage, separate upstairs laundry room, newer water heater, new garage door opener with keypad and blue tooth capabilities, new screen door, new ceiling fan and a private dog run on side of the property. Walking distance to Salud Fitness Focus Park with rubberized track. Complex is not FHA approved. Bring your buyers!!

Last Listed By

Gary Ballou

Keller Williams Realty License #01099218 Listed on: 10/09/2022

Keller Williams Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,736

Year Built

  • Built in 1981

Lot Details

  • 0.41

HOA Fees

  • $300 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,113 Sq Ft Home
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet

Additional Features

  • Exterior Lighting
  • 1 Common Wall
  • Central Heating

Community Details

  • Master Insurance
  • 9 Units
  • Good Faith Homeowners Assoc. Association, Phone Number (562) 433-0934
  • Action Management HOA
  • Maintained Community

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 39846
  • Assessor Parcel Number 6241025056
  • $438 per year additional tax assessments

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,736

Year Built

Built in 1981

Lot Details

0

HOA Fees

$300 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: PARM*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6241025056
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1113.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 383.65
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Living Room, Walk-In Closet

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Maintenance Grounds, Trash, Water, Call for Rules
  • Association Fee: 300.00
  • Association Fee Frequency: Monthly
  • Association Name: Good Faith Homeowners Assoc.
  • Phone: 562-433-0934
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Street Lights
  • Association Management: Action Management

Schools

  • School District: Paramount Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 18001.00
  • Lot Size Acres: 0.4132

Multi Family

  • Lease Considered: No
  • Lot Size Area: 18001.0000 Square Feet
  • Number Of Units In Community: 9
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5536.01
  • Tax Lot: 1
  • Tax Tract Number: 39846
  • TaxOtherAnnualAssessmentAmount: 438.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 30, 2024
Sold by
Choi Ho Chong
Bought by
Ho Chong Choi Living Trust and Choi
Total Days on Market
113
Current Estimated Value
$504,650

Purchase Details

Listed on
Oct 9, 2022
Closed on
Jan 30, 2023
Sold by
Stacye N Martin Revocable Trust
Bought by
Choi Ho Chong
Seller's Agent
Gary Ballou
Keller Williams Realty
Buyer's Agent
Cindy Jung
T.N.G. Real Estate Consultants
List Price
$447,000
Sold Price
$427,000
Premium/Discount to List
-$20,000
-4.47%
Views
237

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.83%
Original Mortgage
$341,600
Interest Rate
6.33%
Mortgage Type
Construction

Purchase Details

Closed on
Apr 7, 2021
Sold by
Martin Stacye N
Bought by
Martin Stacye N and The Stacye N Martin Revocable

Purchase Details

Closed on
Jun 25, 2020
Sold by
Martin Stacye N and Stacye N Martin Revocable Trus
Bought by
Martin Stacye N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2012
Sold by
Martin Stacye M
Bought by
Martin Stacye N and The Stacye N Martin Revocable

Purchase Details

Closed on
Jun 1, 1999
Sold by
Cardenas Thomas M and Cardenas Edwina C
Bought by
Rivera Mark S and Rivera Julie D

Range of Values:

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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
Ho Chong Choi Living Trust -- None Listed On Document
Choi Ho Chong $427,000 Fidelity National Title
Martin Stacye N -- None Available
Martin Stacye N -- Lawyers Title
Martin Stacye N -- None Available
Rivera Mark S -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Choi Ho Chong $341,600
Previous Owner Martin Stacye N $235,000
Previous Owner Martin Stayce N $256,000
Previous Owner Martin Stacye N $256,000
Previous Owner Martin Stacye N $30,000
Previous Owner Martin Stacye N $265,500
Previous Owner Martin Stacye N $42,000
Previous Owner Martin Stacey N $119,192
Previous Owner Martin Stacye N $119,795
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/23/2023 02/23/23 Sold $427,000 -4.0% $384 / Sq Ft
01/18/2023 01/18/23 Price Changed $445,000 -0.4% $400 / Sq Ft
01/18/2023 01/18/23 For Sale $447,000 +4.7% $402 / Sq Ft
01/08/2023 01/08/23 Off Market $427,000 -- --
11/19/2022 11/19/22 Price Changed $447,000 -1.8% $402 / Sq Ft
11/07/2022 11/07/22 Price Changed $454,999 -2.2% $409 / Sq Ft
10/09/2022 10/09/22 For Sale $464,999 -- $418 / 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 $5,736 $435,540 $255,510 $180,030
2023 $2,583 $175,340 $57,921 $117,419
2022 $2,515 $171,903 $56,786 $115,117
2021 $2,456 $168,533 $55,673 $112,860
2020 $2,404 $166,806 $55,103 $111,703
2019 $2,509 $163,536 $54,023 $109,513
2018 $2,336 $160,330 $52,964 $107,366
2016 $2,101 $154,106 $50,908 $103,198
2015 $1,988 $151,792 $50,144 $101,648
2014 $1,957 $148,819 $49,162 $99,657
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG22218764

California Regional Multiple Listing Service (CRMLS)

APN: 6241-025-056