NOT LISTED FOR SALE

8221 1st St Paramount, CA 90723

Paramount Area

Estimated Value: $617,226 - $1,013,000

6 Beds
3 Baths
2,170 Sq Ft
$408/Sq Ft Est. Value

Sale Details

Date Sold: March 26, 2013

Last sale price $300,000 $138 Per Sq Ft

Est. 195% increase in value since last sale

Current estimated payment $5,685 / mo

About This Home

As of March 2013

Great Opportunity. Property features three units.

Last Agent to Sell the Property

Abel Martinez

Big Block Powerhouse Realty License #01202407 Listed on: 10/13/2012

Last Buyer's Agent

Abel Martinez

Big Block Powerhouse Realty License #01202407 Listed on: 10/13/2012

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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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 8,394

Parking

  • 6 Parking Spaces

Home Design

  • 2,170 Sq Ft Home
  • Contemporary Architecture
  • Stucco

Additional Features

  • 8,394 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 11799
  • Assessor Parcel Number 6241008054

Community Details

Overview

  • 2 Buildings

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $960
  • Fuel Expense $720
  • Gardener Expense $960
  • Insurance Expense $1,200
  • Pest Control $250
  • Trash Expense $7,250
  • Water Sewer Expense $760
  • New Taxes Expense $4,676
  • Gross Income $1,200
  • Net Operating Income $2,400

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

8,394 Sq Ft Lot

Listing Details

  • Assessments: No
  • CapRate: 0.80
  • View: No
  • Water Sewer Expenses: 760.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 6241008054
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 138.25

Exterior Features

  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 6.00

Utilities

  • Heating: No
  • Laundry: No
  • Pest Control Expense: 250.00
  • Trash Expense: 7250.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 8394.00
  • Lot Size Acres: 0.1930

Multi Family

  • Electric Expense: 960.00
  • Fuel Expense: 720.00
  • Gross Income: 1200.00
  • Gross Multiplier: 20.83
  • Gross Scheduled Income: 14400.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 2400.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Operating Expense: 2400.00
  • Other Expense Description: 820

Tax Info

  • New Taxes Expense: 4676.00
  • Tax Lot: 23
  • Tax Tract Number: 11799

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2016
Sold by
Bought by
Current Estimated Value
$885,557

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,660
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 14, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,566
Interest Rate
3.75%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 1, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$475,000
Interest Rate
6.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 16, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
5.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 5, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,300
Interest Rate
7.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$231,369
Interest Rate
7.12%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 8, 1994
Sold by
Bought by

Purchase Details

Closed on
Aug 6, 1993
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Paramount, CA

  • Allison Van Wig Real Estate Agent - Keller Williams Coastal Prop.

    Allison Van Wig

    Responds Quickly

    Keller Williams Coastal Prop.

    (562) 582-8861

    237 Total Sales

    2 in Paramount

    $865,000 Price Range

    Allison Van Wig
     Section Image
  • Karla Telleria Real Estate Agent - Keller Williams Realty

    Karla Telleria

    Keller Williams Realty

    (424) 393-2593

    45 Total Sales

    1 in Paramount

    $500,000 Price

    Karla Telleria
     Section Image
  • Joshua Glaz Real Estate Agent - The Ave

    Joshua Glaz

    The Ave

    (657) 325-8448

    255 Total Sales

    5 in Paramount

    $429K - $825K Price Range

    Joshua Glaz
     Section Image
  • Pablo Cornejo Real Estate Agent - KW The Lakes

    Pablo Cornejo

    KW The Lakes

    (562) 418-5197

    37 Total Sales

    1 in Paramount

    $615,000 Price

    Pablo Cornejo
     Section Image
  • Luz Nunez Real Estate Agent - First Team Real Estate

    Luz Nunez

    First Team Real Estate

    (949) 373-4727

    100 Total Sales

    1 in Paramount

    $530,000 Price

    Luz Nunez
     Section Image
  • Harry Eaves Real Estate Agent - Keller Williams Coastal Prop.

    Harry Eaves

    Keller Williams Coastal Prop.

    (669) 208-7941

    31 Total Sales

    1 in Paramount

    $475,000 Price

    Harry Eaves
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$350,000 Provident Title Company
$300,000 None Available
-- Ticor Title Co Glendale
-- United Title Company
-- United Title Company
-- United Title Company
$239,000 Southland Title
-- --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $343,660
Previous Owner $294,566
Previous Owner $475,000
Previous Owner $350,000
Previous Owner $285,300
Previous Owner $18,427
Previous Owner $231,369
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
03/26/2013 03/26/13 Sold $300,000 0.0% $138 / Sq Ft
10/13/2012 10/13/12 For Sale $300,000 -- $138 / Sq Ft
10/10/2012 10/10/12 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,691 $696,346 $348,173 $348,173
2024 $9,293 $682,694 $341,347 $341,347
2023 $9,124 $669,308 $334,654 $334,654
2022 $8,885 $656,186 $328,093 $328,093
2021 $8,684 $643,320 $321,660 $321,660
2020 $8,494 $636,724 $318,362 $318,362
2019 $8,901 $624,240 $312,120 $312,120
2018 $8,272 $612,000 $306,000 $306,000
2016 $4,307 $312,068 $187,241 $124,827
2015 $4,078 $307,381 $184,429 $122,952
2014 $4,180 $301,361 $180,817 $120,544
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2013

    Abel Martinez

    Big Block Powerhouse Realty

    (562) 236-9500

    4 Total Sales

    Abel Martinez
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: R1205322

California Regional Multiple Listing Service (CRMLS)

APN: 6241-008-054

California Los Angeles County Paramount 90723

8221 1st St, Paramount, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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