NOT LISTED FOR SALE

8205 70th St Paramount, CA 90723

Estimated Value: $728,000 - $1,071,000

4 Beds
2 Baths
1,670 Sq Ft
$517/Sq Ft Est. Value

Last Sold August 30, 2013

Last sale price $415,000 $249 Per Sq Ft

Est. 108% increase in value since last sale

Current estimated payment $5,086/month

7 Days on Market

Highlights

  • Traditional Architecture
  • Living Room
  • Tile Flooring
  • No HOA
  • Laundry Room
  • Wrought Iron Fence

About This Home

As of August 2013

Beautifully remodeled duplex on a great street in the lively City of Paramount. Each unit is a very spacious 2 bedroom 1 bath with all new upgrades. Both units have brand new custom designed kitchen cabinets with new granite counters and beautiful ceramic tile throughout each unit. The bathrooms have custom shower tile, tile floors, new vanities and mirrors. The entire property has fresh paint inside and out to go along with its new landscaping equipped with automatic sprinklers! Each unit has its very own car garage, laundry hook ups and a gated yard with plenty of room for the kids and pets to run around. Located within minutes of Mokler Elementary School, Suburban Medical Center, parks, the 91 and 710 freeways. Don’t miss this owner/investor opportunity! Come take a look today and move in tomorrow!

Last Agent to Sell the Property

Polly Watts

Shelter Club Realty, Inc. License #00895696 Listed on: 05/31/2013

Last Buyer's Agent

Katiana Luttrell

RE/MAX College Park Realty License #01356350

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,933

Year Built

  • Built in 1964

Lot Details

  • 4,995 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Chain Link Fence
  • Front Yard Sprinklers

Parking

  • 3 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,670 Sq Ft Home
  • Living Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Assessor Parcel Number 7103028031

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,000
  • Net Operating Income $36,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,933

Year Built

Built in 1964

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 7103028031
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Levels: One
  • Price Per Square Foot: 248.50
  • Room Type: Living Room

Exterior Features

  • Fencing: Chain Link, Wood, Wrought Iron
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 5.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Kitchen
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinklers In Front
  • Lot Size Sq Ft: 4995.00
  • Lot Size Acres: 0.1150

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 3000.00
  • Gross Scheduled Income: 36000.00
  • Lot Size Area: 4995.0000 Square Feet
  • Net Operating Income: 36000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Annual Amount: 5933.00
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 25, 2013
Sold by
Martingale Investments Llc
Bought by
Garibay Federico and Garibay Maria L
Current Estimated Value
$862,795

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,483
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 26, 2013
Sold by
Villa Edwin M
Bought by
Martingale Investments Llc

Purchase Details

Closed on
Feb 9, 2011
Sold by
Villa Edwin M and Rush Virginia
Bought by
Vila Edwin M and Lopez Teresa

Purchase Details

Closed on
Jun 30, 2010
Sold by
Villa Edwin M and Rush Virginia
Bought by
Villa Edwin M and Rush Virginia

Purchase Details

Closed on
Apr 19, 2010
Sold by
Villa Edwin M and Lopez Sonia
Bought by
Villa Edwin M and Rush Virginia

Purchase Details

Closed on
Nov 4, 2009
Sold by
Villa Edwin M
Bought by
Villa Edwin M and Lopez Sonia

Purchase Details

Closed on
Jan 3, 2007
Sold by
Vantassel William L and The Jane Sutterield Living Tru
Bought by
Villa Edwin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.12%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Feb 26, 1999
Sold by
Vantassel Jane and Sutterfield Jane
Bought by
Sutterfield Jane and The Jane Sutterfield Living Tr
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Garibay Federico $415,000 Title 365
Martingale Investments Llc $284,000 Accommodation
Vila Edwin M -- None Available
Villa Edwin M -- None Available
Villa Edwin M -- None Available
Villa Edwin M -- None Available
Villa Edwin M $525,000 Security Union Title
Sutterfield Jane -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garibay Federico $407,483
Previous Owner Villa Edwin M $105,000
Previous Owner Villa Edwin M $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/30/2013 08/30/13 Sold $415,000 +3.8% $249 / Sq Ft
06/07/2013 06/07/13 Pending -- -- --
05/31/2013 05/31/13 For Sale $399,900 -- $239 / 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 $6,784 $508,722 $229,230 $279,492
2024 $6,784 $498,748 $224,736 $274,012
2023 $6,661 $488,970 $220,330 $268,640
2022 $6,485 $479,383 $216,010 $263,373
2021 $6,337 $469,984 $211,775 $258,209
2020 $6,198 $465,166 $209,604 $255,562
2019 $6,496 $456,046 $205,495 $250,551
2018 $6,028 $447,105 $201,466 $245,639
2016 $5,413 $429,745 $193,644 $236,101
2015 $5,105 $423,291 $190,736 $232,555
2014 -- $415,000 $187,000 $228,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13102633

California Regional Multiple Listing Service (CRMLS)

APN: 7103-028-031