NOT LISTED FOR SALE

7513 Mendy St Paramount, CA 90723

Estimated Value: $615,000 - $868,000

4 Beds
2 Baths
1,488 Sq Ft
$527/Sq Ft Est. Value

Last Sold October 21, 2013

Last sale price $430,000 $289 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $4,648/month

About This Home

Amazing Opportunity! This property is now a legal Duplex with a new address and gas meter that comes with permits from the city of Paramount. These units were both taken down to the studs and have completely been remodeled and inspected/passed by the city. Front unit has 2 bedroom and 1 bathroom with a 2 car garage. The Back unit is 2 bedrooms and 1 bathroom with a 2nd story loft that can be a extra bedroom, office, or family-room. This property is great for a big family or great for cash-flow if you are a real estate investor. This beautiful investment sit on a 9,000 sqft lot which is very rare in the city of Paramount and is located by the 105 freeway which separates you from the city of Downey. Don't let this opportunity pass you by.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 4, 2013
Closed on
Sep 19, 2013
Sold by
Fire & Flight Investments Inc
Bought by
Castro Fidencio and Castro Adelaida
Seller's Agent
Issac Velasquez
Re/Max Champions Upland
Buyer's Agent
Martin Soto
Guadalajara Realty
List Price
$475,000
Sold Price
$430,000
Premium/Discount to List
-$45,000
-9.47%
Current Estimated Value
$783,555

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$353,555
Avg. Annual Appreciation
5.01%
Original Mortgage
$280,000
Outstanding Balance
$209,549
Interest Rate
4.55%
Mortgage Type
New Conventional
Estimated Equity
$574,006

Purchase Details

Listed on
Mar 25, 2013
Closed on
Apr 19, 2013
Sold by
Martingale Investments Llc
Bought by
Fire & Flight Investments Inc
Seller's Agent
Polly Watts
Shelter Club Realty, Inc.
Buyer's Agent
Oracio Carrillo
Re/Max Supreme
List Price
$289,900
Sold Price
$285,000
Premium/Discount to List
-$4,900
-1.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
139.91%
Original Mortgage
$290,000
Interest Rate
3.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 18, 2012
Sold by
Magana Elias
Bought by
Martingale Investments Llc

Purchase Details

Closed on
Oct 1, 1993
Sold by
Magana Elias and Lizarraga Gabriel Magana
Bought by
Magana Elias

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
4.37%
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
Castro Fidencio $430,000 Fnt Ie
Fire & Flight Investments Inc $285,000 Fidelity National Title Co
Martingale Investments Llc $203,000 Fnt
Magana Elias -- Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Castro Fidencio $280,000
Previous Owner Fire & Flight Investments Inc $290,000
Previous Owner Magana Elias $145,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/21/2013 10/21/13 Sold $430,000 -9.5% $213 / Sq Ft View Prior Sale
09/13/2013 09/13/13 Pending -- -- --
07/10/2013 07/10/13 For Sale $475,000 +66.7% $235 / Sq Ft
05/01/2013 05/01/13 Sold $285,000 -1.7% $396 / Sq Ft View Prior Sale
03/28/2013 03/28/13 Pending -- -- --
03/25/2013 03/25/13 For Sale $289,900 -- $403 / Sq Ft

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 $6,904 $527,111 $316,267 $210,844
2024 $6,904 $516,776 $310,066 $206,710
2023 $6,777 $506,644 $303,987 $202,657
2022 $6,597 $496,711 $298,027 $198,684
2021 $6,446 $486,973 $292,184 $194,789
2020 $6,222 $481,981 $289,189 $192,792
2019 $6,526 $472,531 $283,519 $189,012
2018 $5,981 $463,266 $277,960 $185,306
2016 $5,368 $445,278 $267,167 $178,111
2015 $5,054 $438,590 $263,154 $175,436
2014 $5,612 $430,000 $258,000 $172,000
Source: Public Records

Agents Affiliated with this Home

  • Polly Watts

    Seller's Agent in 2013

    Polly Watts

    Shelter Club Realty, Inc.

    (310) 963-7766

    22 Total Sales

    Polly Watts
    Section Image

  • I

    Seller's Agent in 2013

    Issac Velasquez

    Re/Max Champions Upland

  • M

    Buyer's Agent in 2013

    Martin Soto

    Guadalajara Realty

    (323) 707-1840

    17 Total Sales

    Martin Soto
    Section Image

  • O

    Buyer's Agent in 2013

    Oracio Carrillo

    Re/Max Supreme

    Section Image
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Map

California Los Angeles County Paramount 90723

7513 Mendy St, Paramount, CA

Not Listed for Sale

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