NOT LISTED FOR SALE

7656 Racine Ave Paramount, CA 90723

Estimated Value: $657,468 - $708,000

2 Beds
1 Bath
735 Sq Ft
$924/Sq Ft Est. Value

Last Sold November 21, 2018

Last sale price $439,000 $597 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $4,069/month

11 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Family Room
  • Galley Kitchen
  • Laundry Room
  • 1-Story Property

About This Home

As of November 2018

Located in a quiet neighborhood this 2 bed, 1 bath home is priced to sell! Close to wonderful schools this home features a beautiful living and dining room with designer paint and tile floors. This home has a beautiful kitchen which leads you to the even more beautiful backyard. It also features tile floors, wood cabinets and connects to the family room. A beautifully landscaped back yard with lush fruit trees is perfect for those summer barbecues. A truly mesmerizing home.

Last Agent to Sell the Property

Nahed Benyamein

Allstars Realty License #01000857 Listed on: 10/08/2018

Last Buyer's Agent

David Ordaz

ROA California Inc. License #02019102

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 7,643 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned PAR1YY

Interior Spaces

  • 735 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Galley Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 160
  • Tax Tract Number 12562
  • Assessor Parcel Number 6242018019

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: PAR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6242018019
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 735.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 597.28
  • Room Type: Family Room, Galley Kitchen, Laundry

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7643.00
  • Lot Size Acres: 0.1755

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7643.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5536.02
  • Tax Lot: 160
  • Tax Tract Number: 12562

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 8, 2018
Closed on
Nov 1, 2018
Sold by
Ponce Emilio G and Ponce Maria
Bought by
Lopez Michael J and Sandoval Juanita J
Seller's Agent
Nahed Benyamein
Allstars Realty
Buyer's Agent
David Ordaz
ROA California Inc.
List Price
$389,900
Sold Price
$439,000
Premium/Discount to List
$49,100
12.59%
Current Estimated Value
$678,867

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,867
Avg. Annual Appreciation
6.30%
Original Mortgage
$419,040
Outstanding Balance
$369,207
Interest Rate
4.9%
Mortgage Type
New Conventional
Estimated Equity
$309,660

Purchase Details

Closed on
Jun 4, 1997
Sold by
Nord David
Bought by
Ponce Emilio G and Ponce Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,400
Interest Rate
7.83%
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
Lopez Michael J $439,000 First American Title
Ponce Emilio G $119,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez Michael J $419,040
Previous Owner Ponce Emilio G $115,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/21/2018 11/21/18 Sold $439,000 0.0% $597 / Sq Ft
10/19/2018 10/19/18 Pending -- -- --
10/16/2018 10/16/18 Off Market $439,000 -- --
10/08/2018 10/08/18 For Sale $389,900 -- $530 / 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 $6,262 $489,707 $391,768 $97,939
2024 $6,262 $480,106 $384,087 $96,019
2023 $6,144 $470,693 $376,556 $94,137
2022 $5,977 $461,465 $369,173 $92,292
2021 $5,927 $452,418 $361,935 $90,483
2019 $6,081 $439,000 $351,200 $87,800
2018 $2,454 $166,978 $118,294 $48,684
2016 $2,214 $160,496 $113,701 $46,795
2015 $2,096 $158,087 $111,994 $46,093
2014 $2,147 $154,992 $109,801 $45,191
Source: Public Records

Agents Affiliated with this Home

  • Nahed Benyamein

    Seller's Agent in 2018

    Nahed Benyamein

    Allstars Realty

    (562) 868-9248

    2 in this area

    313 Total Sales

    Nahed Benyamein
    Section Image
  • David Ordaz

    Buyer's Agent in 2018

    David Ordaz

    ROA California Inc.

    (323) 301-2512

    8 Total Sales

    David Ordaz
    Section Image
  • Marvin Garcia

    Buyer Co-Listing Agent in 2018

    Marvin Garcia

    ROA California Inc.

    3 in this area

    123 Total Sales

    Marvin Garcia
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW18244520

California Regional Multiple Listing Service (CRMLS)

APN: 6242-018-019

California Los Angeles County Paramount 90723

7656 Racine Ave, Paramount, CA

Not Listed for Sale

Detached

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