NOT LISTED FOR SALE

7263 Jackson St Paramount, CA 90723

Estimated Value: $728,213 - $872,000

2 Beds
1 Bath
1,568 Sq Ft
$515/Sq Ft Est. Value

Last Sold May 27, 2014

Last sale price $389,000 $248 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $4,773/month

43 Days on Market

Highlights

  • No HOA
  • Wall Furnace
  • 1-Story Property
  • Paved or Partially Paved Lot

About This Home

As of May 2014

Two separate houses on a lot! Each has it's own individual yard for privacy. Two bedrooms, one bath each. One unit has a 1 car garage plus 2 parking spaces and the other unit has 2 parking spaces. Across the street from an elementary school.

Last Agent to Sell the Property

Maria Angel

National Homes & Investments License #00636194 Listed on: 03/22/2014

Last Buyer's Agent

Nobuko Ramirez

HomeSmart, Evergreen Realty License #01743458

HomeSmart, Evergreen Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 4,862 Sq Ft Lot
  • No Common Walls
  • Paved or Partially Paved Lot

Parking

  • 1 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,568 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Additional Features

  • Exterior Lighting
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas, grounds care, water
  • Assessor Parcel Number 7102006031

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $700
  • Trash Expense $586
  • New Taxes Expense $4,863
  • Gross Income $2,600
  • Net Operating Income $2,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 7102006031
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 248.09

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Trash Expense: 586.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 4862.00
  • Lot Size Acres: 0.1120

Rental Info

  • Tenant Pays: Electricity, Gas, Grounds Care, Water

Multi Family

  • Gross Income: 2600.00
  • Gross Scheduled Income: 2600.00
  • Gross Spendable Income: 2600.00
  • Insurance Expense: 700.00
  • Lot Size Area: 4862.0000 Square Feet
  • Net Operating Income: 2600.00
  • 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
  • Total Actual Rent: 2600.00

Tax Info

  • New Taxes Expense: 4863.00
  • Tax Lot: 000
  • Tax Tract Number: 000
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2014
Sold by
Ramirez Francisco
Bought by
Francisco & Nobuko Ramirez Living Trust
Current Estimated Value
$807,053

Purchase Details

Listed on
Mar 22, 2014
Closed on
Apr 29, 2014
Sold by
Ramirez Nobuko
Bought by
Ramirez Francisco
Seller's Agent
Maria Angel
National Homes & Investments
Buyer's Agent
Nobuko Ramirez
HomeSmart, Evergreen Realty
List Price
$389,000
Sold Price
$389,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%
Original Mortgage
$284,250
Outstanding Balance
$215,839
Interest Rate
4.31%
Mortgage Type
New Conventional
Estimated Equity
$591,214

Purchase Details

Listed on
Mar 22, 2014
Closed on
Apr 16, 2014
Sold by
Rivera Juan and Rivera Elena
Bought by
Ramirez Francisco
Seller's Agent
Maria Angel
National Homes & Investments
Buyer's Agent
Nobuko Ramirez
HomeSmart, Evergreen Realty
List Price
$389,000
Sold Price
$389,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,250
Outstanding Balance
$215,839
Interest Rate
4.31%
Mortgage Type
New Conventional
Estimated Equity
$591,214
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
Francisco & Nobuko Ramirez Living Trust -- None Available
Ramirez Francisco -- Lawyers Title
Ramirez Francisco $389,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ramirez Francisco $284,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/27/2014 05/27/14 Sold $389,000 0.0% $248 / Sq Ft
04/04/2014 04/04/14 Pending -- -- --
02/20/2014 02/20/14 For Sale $389,000 -- $248 / 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 $6,378 $476,849 $285,620 $191,229
2024 $6,378 $467,500 $280,020 $187,480
2023 $6,262 $458,334 $274,530 $183,804
2022 $6,097 $449,348 $269,148 $180,200
2021 $5,958 $440,538 $263,871 $176,667
2020 $5,827 $436,022 $261,166 $174,856
2019 $6,106 $427,474 $256,046 $171,428
2018 $5,678 $419,093 $251,026 $168,067
2016 $5,101 $402,821 $241,279 $161,542
2015 $4,811 $396,771 $237,655 $159,116
2014 $2,384 $163,186 $73,389 $89,797
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS14036105

California Regional Multiple Listing Service (CRMLS)

APN: 7102-006-031