NOT LISTED FOR SALE

8201 70th St Paramount, CA 90723

Estimated Value: $705,000 - $803,000

3 Beds
2 Baths
1,556 Sq Ft
$491/Sq Ft Est. Value

Last Sold July 15, 2016

Last sale price $405,000 $260 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $4,562/month

70 Days on Market

Highlights

  • Corner Lot
  • No HOA
  • Bungalow
  • Lawn
  • Laundry Room
  • Shed

About This Home

As of July 2016

Two separate houses on a corner lot in a nice neighborhood. Lots of on-site parking plus plenty of parking on the very wide street. The two-story two-bedroom house is newer than the single-story one-bedroom house. Probate could close soon making court confirmation unnecessary.

Last Agent to Sell the Property

Art Olivier

Cogburn-Miller Realty License #00815816 Listed on: 02/04/2016

Co-Listed By

Jim Connell

Cogburn-Miller Realty License #01337786

Last Buyer's Agent

Jose Hernandez

The Real Estate Store Inc. License #01510315

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,304

Year Built

  • Built in 1938

Lot Details

  • 5,001 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Block Wall Fence
  • Corner Lot
  • Rectangular Lot
  • Level Lot
  • Lawn
  • Front Yard

Parking

  • 3 Parking Spaces

Home Design

  • Bungalow
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,556 Sq Ft Home
  • Sliding Doors
  • Disposal
  • Laundry Room

Flooring

  • Carpet
  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Shed
  • Suburban Location
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 5 / 87
  • Tax Tract Number 7273
  • Assessor Parcel Number 7103028032

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gardener Expense $1,200
  • Insurance Expense $700
  • Trash Expense $360
  • Water Sewer Expense $600
  • New Taxes Expense $5,000
  • Gross Income $2,315
  • Net Operating Income $19,920

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,304

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Water Sewer Expenses: 600.00
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 7103028032
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Entry Location: Ground Level No Steps
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Vinyl
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Price Per Square Foot: 260.28

Exterior Features

  • Foundation: Slab
  • Other Structures: Shed(s)
  • Fencing: Block, Wood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available, Phone Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: In Closet
  • Trash Expense: 360.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard, Level, Lawn, Rectangular Lot, Corner Lot
  • Lot Size Sq Ft: 5001.00
  • Price Per Lot Square Foot: 80.98
  • Lot Size Acres: 0.1150

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 660
  • Average2 Bed Area: 896
  • Gross Income: 2315.00
  • Gross Scheduled Income: 27780.00
  • Insurance Expense: 700.00
  • Lot Size Area: 5001.0000 Square Feet
  • Net Operating Income: 19920.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 7860.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5000.00
  • Tax Block: 87
  • Tax Lot: 5
  • Tax Tract Number: 7273

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2016
Sold by
Drayer Drayer John Paul John Paul and Drayer Petersen Melissa
Bought by
Hernandez Gricelda
Current Estimated Value
$764,346

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,274
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 23, 2009
Sold by
Amicon Stephen
Bought by
Drayer Edward H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,380
Interest Rate
5.02%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 11, 2005
Sold by
Mackenzie Lyle Michael and Lyle Michael Mackenzie Living
Bought by
Drayer Edward H and Amicon Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$55,000
Interest Rate
5.69%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 20, 2004
Sold by
Mackenzie Lyle Michael and Mackenzie Lyle M
Bought by
Mackenzie Lyle Michael and The Lyle Michael Mackenzie Liv

Purchase Details

Closed on
Mar 13, 2003
Sold by
Vieira John C and Vieira Laura A
Bought by
Vieira John C and Vieira Laura A

Purchase Details

Closed on
Jul 1, 2000
Sold by
Mackenzie Betty J and Mackenzie Betty
Bought by
Vieira John C and Vieira Laura A

Purchase Details

Closed on
Jun 15, 1998
Sold by
Mackenzie Lyle M and Mackenzie Betty
Bought by
Mackenzie Lyle M and Mackenzie Betty
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
Hernandez Gricelda $405,000 Old Republic Title Company
Drayer Edward H $27,500 None Available
Drayer Edward H $101,000 --
Mackenzie Lyle Michael -- --
Vieira John C -- --
Vieira John C $9,000 --
Mackenzie Lyle M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernandez Gricelda $350,274
Previous Owner Drayer Edward H $163,380
Previous Owner Drayer Edward H $55,000
Previous Owner Amicon Stephen $150,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/15/2016 07/15/16 Sold $405,000 -3.6% $260 / Sq Ft
04/14/2016 04/14/16 Pending -- -- --
02/04/2016 02/04/16 For Sale $420,000 -- $270 / 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 $6,304 $470,031 $232,114 $237,917
2024 $6,304 $460,815 $227,563 $233,252
2023 $6,189 $451,780 $223,101 $228,679
2022 $6,027 $442,923 $218,727 $224,196
2021 $5,889 $434,239 $214,439 $219,800
2020 $5,760 $429,788 $212,241 $217,547
2019 $6,035 $421,362 $208,080 $213,282
2018 $5,607 $413,100 $204,000 $209,100
2016 $5,312 $421,328 $252,797 $168,531
2015 $3,189 $246,137 $126,276 $119,861
2014 $3,268 $241,317 $123,803 $117,514
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS16023901

California Regional Multiple Listing Service (CRMLS)

APN: 7103-028-032