NOT LISTED FOR SALE

7304 Richfield St Paramount, CA 90723

Estimated Value: $427,000 - $454,000

2 Beds
1.5 Baths
936 Sq Ft
$195/mo HOA Fee

Last Sold January 30, 2017

Last sale price $225,000 $240 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $2,958/month

20 Days on Market

About This Home

As of January 2017

VACANT! VACANT!! VACANT!! VACANT!! Seller has made several upgrades to the two story condo, located in a gated community. Condo is centrally located minutes away from newly renovated Paramount High School, elementary schools, middle schools, parks, Paramount Swap meet, Bianchi movie theater, and numerous supermarkets. Located near 105 and 710 freeways. If you are looking for a turn key home, this is the home for you! !!!THIS IS NOT FHA APPROVED PROPERTY!!!

Last Agent to Sell the Property

Mel Robles

Century 21 Allstars License #01169359 Listed on: 11/30/2016

Century 21 Allstars

Last Buyer's Agent

Salvador Mota

Lynnette Taylor, Broker License #01437540

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,007

Year Built

  • Built in 1979

Lot Details

  • Two or More Common Walls
  • Front Yard

HOA Fees

  • $195 Monthly HOA Fees

Parking

  • 1 Car Garage

Home Design

  • 936 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Air
  • Private Water Source

Listing and Financial Details

  • Tax Lot 1.85
  • Tax Tract Number 35353
  • Assessor Parcel Number 6241021042

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,007

Year Built

Built in 1979

Lot Details

0

HOA Fees

$195 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Ad Number: 3238166680
  • Other Phone Description: 323-816-6680
  • Other Phone Number: 323-816-6680
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6241021042
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 936.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 240.38
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Sewer: Public Sewer
  • Water Source: Private
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 195.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Paramount Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 1.85

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 1.85
  • Tax Tract Number: 35353

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2021
Sold by
Mota Cristina
Bought by
Madrigal Kimberly and Madrigal Maria Elena
Current Estimated Value
$442,463

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$258,750
Outstanding Balance
$234,125
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$208,338

Purchase Details

Listed on
Nov 30, 2016
Closed on
Jan 6, 2017
Sold by
Cerros Jorge A
Bought by
Mota Cristina
Seller's Agent
Mel Robles
Century 21 Allstars
Buyer's Agent
Salvador Mota
Lynnette Taylor, Broker
List Price
$249,000
Sold Price
$225,000
Premium/Discount to List
-$24,000
-9.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.06%
Original Mortgage
$218,250
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 7, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Cerros Jorge A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,917
Interest Rate
4.79%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 11, 2008
Sold by
Scott Irma
Bought by
Deutsche Bank National Trust Co and The Harborview Mortgage Loan Trust 2006-

Purchase Details

Closed on
Mar 20, 2006
Sold by
Dinh Christy P
Bought by
Scott Irma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,600
Interest Rate
1.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Dec 27, 2002
Sold by
Dinh Christy P and Dinh Christy Ploy
Bought by
Dinh Christy P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,350
Interest Rate
5.96%
Source: Public Records

Range of Values:

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Average Value
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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
Madrigal Kimberly $355,000 Ticor Title
Mota Cristina $225,000 Old Republic Title Company
Cerros Jorge A $115,000 Landsafe Title
Deutsche Bank National Trust Co $234,981 Landsafe Title
Scott Irma $317,000 Southland Title Corporation
Dinh Christy P -- Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Madrigal Kimberly $258,750
Previous Owner Mota Cristina $218,250
Previous Owner Cerros Jorge A $112,917
Previous Owner Scott Irma $253,600
Previous Owner Dinh Christy P $111,350
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/30/2017 01/30/17 Sold $225,000 -9.6% $240 / Sq Ft
12/20/2016 12/20/16 Pending -- -- --
11/30/2016 11/30/16 For Sale $249,000 -- $266 / 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 $5,007 $384,261 $239,216 $145,045
2024 $5,007 $376,727 $234,526 $142,201
2023 $4,914 $369,341 $229,928 $139,413
2022 $4,782 $362,100 $225,420 $136,680
2021 $3,227 $241,243 $112,258 $128,985
2020 $3,155 $238,770 $111,107 $127,663
2019 $3,301 $234,089 $108,929 $125,160
2018 $3,081 $229,500 $106,794 $122,706
2016 $1,767 $125,389 $54,516 $70,873
2015 $1,675 $123,507 $53,698 $69,809
2014 $1,715 $121,089 $52,647 $68,442
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW16756715

California Regional Multiple Listing Service (CRMLS)

APN: 6241-021-042