NOT LISTED FOR SALE

7333 Walnut Ave Paramount, CA 90723

Estimated Value: $520,000 - $745,000

2 Beds
1 Bath
816 Sq Ft
$789/Sq Ft Est. Value

Last Sold December 21, 2018

Last sale price $425,000 $521 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,042/month

32 Days on Market

Highlights

  • Updated Kitchen
  • No HOA
  • 1 Car Direct Access Garage
  • Attic
  • Neighborhood Views
  • Rear Porch

About This Home

As of December 2018

Great home located in a rare nice and quiet area in a culdesac in the city of Paramount, CA. This house has not been on the market for over 40 years. Properties in this area don't really go for sale. Features 2 bedrooms, 1 bathroom with an upstairs loft that can be used as an upstairs bedroom (not permitted) with a closet. Home has been completely remodeled with a new kitchen, electrical, plumbing, ABS, laminates throughout, tile and carpet upstairs. This great home offers a big open floor plan, large living room space. Kitchen combined with dining, plenty of storage lots of cabinets and a single basin sink. Home also has access to back alley for more parking space and a patio area for entertaining. Driveway is very spacious and fist up to 4 cars. Garage is super spacious and has the potential to be converted in the future. There are great schools around in the Downey Unified School district, close to shopping centers and grocery stores, there is a dog park at walking distance, quick access to the 105fwy and 710fwy.

Last Agent to Sell the Property

Melisa Gil

AGR and Associates License #02040731 Listed on: 10/12/2018

Last Buyer's Agent

Francisco Arevalo

Excellence RE Real Estate License #01205237

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,670

Year Built

  • Built in 1920

Lot Details

  • 5,068 Sq Ft Lot
  • Property fronts an alley
  • Fenced
  • Fence is in average condition
  • Density is up to 1 Unit/Acre
  • Property is zoned PAR1*

Parking

  • 1 Car Direct Access Garage
  • Parking Available
  • Single Garage Door
  • Driveway

Home Design

  • Additions or Alterations
  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 816 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Living Room
  • Neighborhood Views
  • Laundry Room
  • Attic

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Wood Patio
  • Rear Porch

Schools

  • Sussman Middle School
  • Warren High School

Utilities

  • Central Air
  • No Utilities
  • 220 Volts

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 31
  • Tax Tract Number 9706
  • Assessor Parcel Number 6236011023

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,670

Year Built

Built in 1920

Lot Details

0

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Gravel, Paved
  • View: Yes
  • Zoning: PAR1*
  • Property Condition: Additions/Alterations
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6236011023
  • Year Built: 1920
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 816.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: In Kitchen
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 520.83
  • Room Type: All Bedrooms Down, Attic, Living Room
  • Window Features: Double Pane Windows
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Average Condition
  • Patio And Porch Features: Rear Porch, Wood
  • Pool Private: No
  • Roof: Composition, Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Asphalt, Garage - Single Door
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: None
  • Laundry: Yes
  • Electric: 220 Volts
  • Laundry Features: Common Area, Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Downey Unified
  • Middle School: Sussman
  • High School: Warren
  • High School: Warren
  • Middle Or Junior School: Sussman
  • High School2: WARREN

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5068.00
  • Lot Size Acres: 0.1163

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5068.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5536.01
  • Tax Lot: 31
  • Tax Tract Number: 9706

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 2, 2021
Sold by
Preciado Miriam and Madrid Carlos Gutierrez
Bought by
Madrid Carlos Gutierrez and Garcia Miriam Preciado
Current Estimated Value
$643,725

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$512,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 12, 2018
Closed on
Dec 18, 2018
Sold by
Proctor Cz Inc
Bought by
Madrid Carlos Gutierrez and Preciado Mirian
Seller's Agent
Melisa Gil
AGR and Associates
Buyer's Agent
Francisco Arevalo
Excellence RE Real Estate
List Price
$470,000
Sold Price
$425,000
Premium/Discount to List
-$45,000
-9.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.27%
Original Mortgage
$401,912
Interest Rate
5.12%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 20, 2018
Sold by
Gil Melisa
Bought by
Proctor Cz Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$297,000
Interest Rate
4.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 21, 2018
Sold by
Parkko Charles J
Bought by
Gil Melisa
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
Madrid Carlos Gutierrez -- First American Title Company O
Madrid Carlos Gutierrez $425,000 North American Title
Proctor Cz Inc -- North American Title
Gil Melisa $370,000 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Madrid Carlos Gutierrez $512,000
Previous Owner Madrid Carlos Gutierrez $401,912
Previous Owner Proctor Cz Inc $297,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/21/2018 12/21/18 Sold $425,000 +1.2% $521 / Sq Ft
11/13/2018 11/13/18 Pending -- -- --
11/12/2018 11/12/18 Price Changed $420,000 -2.3% $515 / Sq Ft
11/05/2018 11/05/18 Price Changed $430,000 -2.3% $527 / Sq Ft
11/02/2018 11/02/18 Price Changed $440,000 -2.2% $539 / Sq Ft
10/22/2018 10/22/18 Price Changed $450,000 -2.2% $551 / Sq Ft
10/20/2018 10/20/18 Price Changed $460,000 -2.1% $564 / Sq Ft
10/12/2018 10/12/18 For Sale $470,000 -- $576 / 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 $7,670 $595,483 $379,272 $216,211
2024 $7,670 $583,808 $371,836 $211,972
2023 $7,527 $572,362 $364,546 $207,816
2022 $7,325 $561,141 $357,399 $203,742
2021 $7,158 $550,140 $350,392 $199,748
2020 $6,960 $544,500 $346,800 $197,700
2019 $5,898 $425,000 $340,000 $85,000
2018 $1,717 $79,973 $50,140 $29,833
2016 $1,181 $76,870 $48,194 $28,676
2015 $1,126 $75,717 $47,471 $28,246
2014 $1,149 $74,235 $46,542 $27,693
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18248572

California Regional Multiple Listing Service (CRMLS)

APN: 6236-011-023