8302 Somerset Ranch Rd Unit B Paramount, CA 90723
2
Beds
3
Baths
1,082
Sq Ft
$282/mo
HOA Fee
Highlights
- Heated Spa
- 1.85 Acre Lot
- 2 Car Attached Garage
- City Lights View
- Outdoor Cooking Area
- Living Room
About This Home
As of February 2025**Stunning Upgraded Condo with Modern Features and Prime Location**
Welcome to this beautifully upgraded condo, offering the perfect blend of comfort, style, and convenience. Step inside and be greeted by a spacious, open floor plan that maximizes both functionality and flow. The bright and airy living area boasts sleek hardwood flooring throughout, providing a warm and inviting atmosphere. The kitchen is a cook's dream, featuring upgraded appliances, ample cabinetry, and a convenient layout perfect for meal prep and entertaining. Enjoy cozy nights in front of the living room's charming fireplace, creating a perfect ambiance for relaxing or hosting guests. This home also includes the added convenience of an inside laundry area, making chores a breeze, as well as an attached two-car garage for extra storage and parking. Located in a prime area, you'll have quick access to nearby freeways, shopping centers, and a movie theater, providing a perfect balance of tranquility and accessibility. Don’t miss the opportunity to own this move-in ready, upgraded condo that truly has it all. Schedule a tour today!
Last Agent to Sell the Property
Real Broker Brokerage Phone: 714-723-1545 License #01961267 Listed on: 11/05/2024
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,210
Year Built
- Built in 1991
HOA Fees
- $282 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Interior Spaces
- 1,082 Sq Ft Home
- 3-Story Property
- Family Room with Fireplace
- Living Room
- City Lights Views
- Laundry Room
Kitchen
- Six Burner Stove
- <<microwave>>
- Dishwasher
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- All Upper Level Bedrooms
- 3 Full Bathrooms
Pool
- Heated Spa
- In Ground Spa
Utilities
- Central Heating and Cooling System
- Water Heater
Additional Features
- Exterior Lighting
- Two or More Common Walls
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 50413
- Assessor Parcel Number 6266015049
- $440 per year additional tax assessments
Community Details
Overview
- 52 Units
- Pcm Management Association, Phone Number (800) 369-7260
- Downey Lakes Community HOA
Amenities
- Outdoor Cooking Area
- Community Barbecue Grill
- Picnic Area
Recreation
- Community Spa
Pet Policy
- Pets Allowed
- Pet Restriction
Security
- Resident Manager or Management On Site
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 5, 2024
Closed on
Feb 21, 2025
Sold by
Taylor Eldridge Herman
Bought by
Gonzales Victor A and Sanson Karen C
Seller's Agent
Ian Michael Thompson
Real Broker
Buyer's Agent
Maggie Navarro
Rise Realty
List Price
$574,900
Sold Price
$534,000
Premium/Discount to List
-$40,900
-7.11%
Views
313
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,410
Avg. Annual Appreciation
6.53%
Original Mortgage
$524,327
Outstanding Balance
$523,891
Interest Rate
6.93%
Mortgage Type
FHA
Estimated Equity
$23,443
Purchase Details
Closed on
Jul 27, 2021
Sold by
Taylor Marie Linee
Bought by
Taylor Eldridge Herman
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 11, 2020
Sold by
Taylor Marie Linee
Bought by
Taylor Eldridge Herman
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
3.2%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 23, 2018
Sold by
Valles Gloria C
Bought by
Taylor Eldridge Herman
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 24, 2018
Sold by
Taylor Marie Linee
Bought by
Taylor Eldridge Herman
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$342,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 10, 2011
Sold by
Valles Gloria C
Bought by
Valles Gloria C and The Gloria C Valles Revocable Living Tru
Purchase Details
Closed on
Dec 30, 2009
Sold by
Valle Lazaro Alberto
Bought by
Valles Gloria
Purchase Details
Closed on
Mar 19, 2004
Sold by
Valle Jorge and Valle Josefina
Bought by
Valle Lazaro Alberto
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$66,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
Similar Homes in Paramount, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $534,000 | Pacific Coast Title Company | |
| Interfamily Deed Transfer | -- | Lawyers Title Company | |
| Interfamily Deed Transfer | -- | Lawyers Title Company | |
| Grant Deed | $360,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | Chicago Title Company | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | -- | None Available | |
| Interfamily Deed Transfer | $82,500 | Investors Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $524,327 | FHA | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $335,000 | New Conventional | |
| Previous Owner | $340,000 | New Conventional | |
| Previous Owner | $342,000 | New Conventional | |
| Previous Owner | $66,000 | Purchase Money Mortgage | |
| Previous Owner | $60,100 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 02/25/2025 02/25/25 | Sold | $534,000 | +1.9% | $494 / Sq Ft |
| 01/14/2025 01/14/25 | Price Changed | $524,000 | -4.7% | $484 / Sq Ft |
| 12/20/2024 12/20/24 | Price Changed | $549,900 | -1.8% | $508 / Sq Ft |
| 11/21/2024 11/21/24 | Price Changed | $559,900 | -2.6% | $517 / Sq Ft |
| 11/05/2024 11/05/24 | For Sale | $574,900 | 0.0% | $531 / Sq Ft |
| 08/26/2022 08/26/22 | Rented | $2,895 | -1.9% | -- |
| 08/04/2022 08/04/22 | Price Changed | $2,950 | +3.5% | $3 / Sq Ft |
| 08/02/2022 08/02/22 | For Rent | $2,850 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $5,210 | $393,709 | $199,042 | $194,667 |
| 2023 | $5,113 | $385,990 | $195,140 | $190,850 |
| 2022 | $4,975 | $378,422 | $191,314 | $187,108 |
| 2021 | $4,861 | $371,003 | $187,563 | $183,440 |
| 2020 | $4,750 | $367,200 | $185,640 | $181,560 |
| 2019 | $4,986 | $360,000 | $182,000 | $178,000 |
| 2018 | $2,314 | $158,983 | $46,387 | $112,596 |
| 2016 | $2,081 | $152,812 | $44,587 | $108,225 |
| 2015 | $1,969 | $150,518 | $43,918 | $106,600 |
| 2014 | $2,017 | $147,570 | $43,058 | $104,512 |
Source: Public Records
Agents Affiliated with this Home
-
Ian Michael Thompson
Seller's Agent in 2025
Ian Michael Thompson
Real Broker
(714) 723-1545
2 in this area
74 Total Sales
-
Maggie Navarro
M
Buyer's Agent in 2025
Maggie Navarro
Rise Realty
(310) 279-2623
1 in this area
6 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24228576
APN: 6266-015-049
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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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