NOT LISTED FOR SALE

7304 Richfield St Unit 112 Paramount, CA 90723

Estimated Value: $426,305 - $454,000

2 Beds
1 Bath
839 Sq Ft
$205/mo HOA Fee

Last Sold January 08, 2020

Last sale price $299,999 $358 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,919/month

15 Days on Market

Highlights

  • Gated Community
  • Cooling System Mounted To A Wall/Window
  • Controlled Access
  • 1.84 Acre Lot
  • Living Room
  • Laundry Room

About This Home

As of January 2020

Location, Location, Location!! Commuting distance to Los Angeles or Orange County!
Lovely gated community close to several major freeways, including, HWY 91, HWY 105 & HWY 710, 1.5 miles from Downtown Paramount and Salud Park This is a beautifully upgraded 2 Bedroom, 1 Bathroom all on one floor! The Home has newer flooring throughout, newer remodeled kitchen with granite countertops in the kitchen and bathroom. The kitchen has a built in reverse osmosis water system! Recently painted throughout, includes refrigerator, and newer light fixtures on ceilings with three fans. There is a storage included in the back of the carport and an uncovered parking space making it two parking spaces!
This is a perfect starter home in a fantastic location!!

Last Agent to Sell the Property

Ann Harris

Metro Estates License #01339869 Listed on: 10/17/2019

Last Buyer's Agent

GLADYS CERVANTES

REALTY MASTERS & ASSOCIATES License #02041509

REALTY MASTERS & ASSOCIATES

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,600

Year Built

  • Built in 1979

Lot Details

  • 1.84

HOA Fees

  • $205 Monthly HOA Fees

Interior Spaces

  • 839 Sq Ft Home
  • Living Room
  • Dining Room
  • Laminate Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Home Security

Parking

  • Carport
  • Parking Available
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Hot Water Heating System
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Two or More Common Walls

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 35353
  • Assessor Parcel Number 6241021051

Community Details

Overview

  • 41 Units
  • Paramount Park Estates Association, Phone Number (562) 437-4277

Amenities

  • Laundry Facilities

Security

  • Controlled Access
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,600

Year Built

Built in 1979

Lot Details

0

HOA Fees

$205 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Other Phone Description: 949-433-3225
  • Property Attached: Yes
  • Security: Gated Community, Smoke Detector(s)
  • View: No
  • Zoning: PARM*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6241021051
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 839.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 357.57
  • Room Type: Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Carport

Utilities

  • Utilities: Cable Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Controlled Access, Hot Water
  • Association Fee: 205.00
  • Association Fee Frequency: Monthly
  • Association Name: Paramount Park Estates
  • Phone: 5624374277
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights
  • Association Management: Paramount Park Estates

Schools

  • School District: Paramount Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 80282.00
  • Lot Size Acres: 1.8430

Multi Family

  • Lease Considered: No
  • Lot Size Area: 80282.0000 Square Feet
  • Number Of Units In Community: 41
  • Number Of Units Total: 43

Tax Info

  • Tax Census Tract: 5536.01
  • Tax Lot: 1
  • Tax Tract Number: 35353

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 19, 2021
Sold by
Delgado Melo Jesus Adelaido and Perez Hernandez Jenny
Bought by
Melo Adelaido J Delgado and Lopez Yeini Elizabeth
Current Estimated Value
$439,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$0
Interest Rate
3.05%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 17, 2019
Closed on
Dec 11, 2019
Sold by
Lopez Yeini E
Bought by
Melo Adelaido J Delgado
Seller's Agent
Ann Harris
Metro Estates
Buyer's Agent
GLADYS CERVANTES
REALTY MASTERS & ASSOCIATES
List Price
$299,999
Sold Price
$299,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.91%
Original Mortgage
$254,883
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 17, 2019
Closed on
Nov 25, 2019
Sold by
Swanson Roger E and Swanson Bertha
Bought by
Melo Jesus A Delagado and Hernandez Jenny Perez
Seller's Agent
Ann Harris
Metro Estates
Buyer's Agent
GLADYS CERVANTES
REALTY MASTERS & ASSOCIATES
List Price
$299,999
Sold Price
$299,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,883
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Listed on
Jun 30, 2018
Closed on
Jul 19, 2018
Sold by
Johnson Rosa
Bought by
Swanson Roger E and Swanson Bertha
Seller's Agent
Samuel Davila
Century 21 Diamond
Buyer's Agent
Estela Arboleda
Century 21 Allstars
List Price
$285,000
Sold Price
$265,000
Premium/Discount to List
-$20,000
-7.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.00%

Purchase Details

Closed on
May 31, 2010
Sold by
Deutsche Bank National Trust Company
Bought by
Johnson Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,161
Interest Rate
5.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 23, 2009
Sold by
Garcia Lolis
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Jan 24, 2006
Sold by
Barrios Joaquin and Contreras Nancy
Bought by
Sunday Iheanyichukwu

Purchase Details

Closed on
Nov 2, 2005
Sold by
Garcia Lolis
Bought by
Barrios Joaquin and Contreras Nancy

Purchase Details

Closed on
Aug 22, 2005
Sold by
Cosio Martin
Bought by
Garcia Lolis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
7.1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 13, 2005
Sold by
Cosio Martin T
Bought by
Cosio Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,500
Interest Rate
9.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 1999
Sold by
Italiane Frank Lane
Bought by
Cosio Martin and Cosio Martin T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,496
Interest Rate
7.1%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 11, 1999
Sold by
Hud
Bought by
Italiane Frank Lane

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,496
Interest Rate
7.1%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 24, 1997
Sold by
Bautista Eufronio and First Mtg Corp
Bought by
First Mtg Corp

Purchase Details

Closed on
Nov 5, 1996
Sold by
Bautista Eufronio and Bautista Gloria
Bought by
New Haven Corp
Source: Public Records

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
Melo Adelaido J Delgado -- Lawyers Title
Melo Adelaido J Delgado -- Stewart Title
Melo Jesus A Delagado $300,000 Western Resources Title Co
Swanson Roger E $265,000 Pacific Coast Title Company
Johnson Rosa $115,000 Lsi Title Agency
Deutsche Bank National Trust Company $102,300 Accommodation
Sunday Iheanyichukwu -- None Available
Barrios Joaquin -- --
Garcia Lolis $255,000 --
Cosio Martin -- --
Cosio Martin $64,000 Provident Title
Italiane Frank Lane $27,000 --
First Mtg Corp $99,609 United Title
Hud -- United Title Company
New Haven Corp -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Melo Adelaido J Delgado $0
Previous Owner Melo Jesus A Delagado $254,883
Previous Owner Johnson Rosa $111,161
Previous Owner Garcia Lolis $204,000
Previous Owner Cosio Martin $163,500
Previous Owner Cosio Martin $62,496
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/08/2020 01/08/20 Sold $299,999 0.0% $358 / Sq Ft
11/01/2019 11/01/19 Pending -- -- --
10/17/2019 10/17/19 For Sale $299,999 +13.2% $358 / Sq Ft
08/02/2018 08/02/18 Sold $265,000 -7.0% $316 / Sq Ft View Prior Sale
07/17/2018 07/17/18 Pending -- -- --
06/30/2018 06/30/18 For Sale $285,000 -- $340 / 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 $4,600 $357,712 $190,956 $166,756
2024 $4,600 $350,699 $187,212 $163,487
2023 $4,514 $343,824 $183,542 $160,282
2022 $4,475 $337,084 $179,944 $157,140
2021 $4,046 $303,110 $161,657 $141,453
2020 $3,604 $270,300 $151,368 $118,932
2019 $3,777 $265,000 $148,400 $116,600
2018 $1,871 $130,453 $26,088 $104,365
2016 $1,684 $125,389 $25,076 $100,313
2015 $1,595 $123,507 $24,700 $98,807
2014 $1,632 $121,089 $24,217 $96,872
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP19248690

California Regional Multiple Listing Service (CRMLS)

APN: 6241-021-051