NOT LISTED FOR SALE

8302 Somerset Ranch Rd Unit G Paramount, CA 90723

Paramount Area

Estimated Value: $527,997

2 Beds
2.5 Baths
1,082 Sq Ft
1.85 Acre Lot

Sale Details

Date Sold: December 11, 2019

Last sale price $390,000 $360 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $3,723 / mo

8 Days on Market

Highlights

  • Spa
  • Two Primary Bedrooms
  • 1.85 Acre Lot
  • Automatic Gate
  • Gated Community
  • Dual Staircase

About This Home

As of December 2019

Secure unit in a very well kept gated community. This is the perfect property for someone wanting to purchase their first home. This 2 bedroom 2 1/2 bath condo has many features that are typically only found at a much higher price point. Attached 2 car garage provides security and convenience plus plenty of room for storage. Also located downstairs is the laundry area (mud room) with plenty of additional storage. Main floor (2nd story) has living room with gas fireplace, 1/2 bath (powder), dining area and well appointed kitchen with granite counter tops and garden window. Front door entry is also located at this level. At the 3rd floor you find 2 good sized bedrooms each with their own bathtub with showers overhead. Master bedroom features a walk-in closet as well as a wardrobe closet. This design is perfect for extended family or guests. Community has guest parking spaces and there is ample parking on Somerset Ranch Road in front of the pedestrian entry for the complex. Monthly HOA fees are more than reasonable and include the gated entrances to the community as well as a jacuzzi and parklike setting.

Last Agent to Sell the Property

Johnny & Becky Carmona

The Real Estate Solution License #00770023 Listed on: 10/20/2019

Last Buyer's Agent

Irene Luna

ReMax 2000 Realty License #01764597

ReMax 2000 Realty

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 1991

Lot Details

  • End Unit
  • 1 Common Wall
  • Northeast Facing Home
  • Wrought Iron Fence

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage
  • Single Garage Door
  • Garage Door Opener
  • Automatic Gate
  • Guest Parking
  • Off-Street Parking

Home Design

  • Traditional Architecture
  • Entry on the 2nd floor
  • Turnkey
  • Fire Rated Drywall
  • Composition Roof
  • Common Roof
  • Wood Siding
  • Pre-Cast Concrete Construction
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 1,082 Sq Ft Home
  • 3-Story Property
  • Dual Staircase
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Storage
  • Neighborhood Views
  • Attic

Kitchen

  • Electric Oven
  • Gas and Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • Granite Bathroom Countertops
  • Low Flow Toliet
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Outdoor Features

  • Spa
  • Balcony
  • Patio
  • Exterior Lighting
  • Front Porch

Utilities

  • Cooling System Powered By Gas
  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 50413
  • Assessor Parcel Number 6266015054

Community Details

Overview

  • 56 Units
  • Downey Lakes HOA, Phone Number (562) 920-7851
  • Safeguard Equities HOA

Amenities

  • Picnic Area
  • Laundry Facilities

Recreation

  • Community Spa

Security

  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1991

Lot Details

1.85 Acres

HOA Fees

$275 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Automatic Gate, Gated Community
  • View: Yes
  • Zoning: PARM*
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6266015054
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1082.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Granite Counters, Storage
  • Stories: 3
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Entry Level: 2
  • Fireplace Features: Living Room, Gas
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 360.44
  • Room Type: All Bedrooms Up, Attic, Kitchen, Laundry, Living Room, Master Bedroom, Two Masters, Walk-In Closet
  • Spa Features: Community
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Shower In Tub, Granite Counters
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: Northeast
  • Foundation: Concrete Perimeter
  • Exterior Features: Lighting
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wrought Iron
  • Patio And Porch Features: Front Porch
  • Pool Private: No
  • Roof: Common Roof, Composition
  • Spa: Yes
  • Construction Materials: Concrete, Drywall Walls, Stucco, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage Faces Rear, Garage - Single Door, Garage Door Opener, Gated, Guest, Off Street
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Disposal, Gas & Electric Range, Microwave, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Central, Forced Air, Natural Gas
  • Laundry Features: Gas Dryer Hookup, Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Spa/Hot Tub, Picnic Area
  • Association Fee: 275.00
  • Association Fee Frequency: Monthly
  • Association Name: Downey Lakes HOA
  • Phone: 562-920-7851
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights
  • Association Management: Safeguard Equities

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 80460.00
  • Lot Size Acres: 1.8471

Multi Family

  • Lease Considered: No
  • Lot Size Area: 80460.0000 Square Feet
  • Number Of Units In Community: 56
  • Number Of Units Total: 56

Tax Info

  • Tax Census Tract: 5535.03
  • Tax Lot: 1
  • Tax Tract Number: 50413

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

Listed on
Oct 20, 2019
Closed on
Nov 7, 2019
Sold by
Hanein Monica Cora and Ranstrom Monica
Bought by
Seller's Agent
Johnny & Becky Carmona
The Real Estate Solution
Buyer's Agent
Irene Luna
ReMax 2000 Realty
List Price
$384,900
Sold Price
$390,000
Premium/Discount to List
$5,100
1.33%
Current Estimated Value
$527,997

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$137,997
Avg. Annual Appreciation
4.57%
Original Mortgage
$365,750
Outstanding Balance
$315,770
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$212,227

Purchase Details

Closed on
Apr 26, 2019
Sold by
Hanein Jessica G
Bought by
Ranstrom Monica

Purchase Details

Closed on
Mar 25, 2018
Sold by
Hanein Gameil
Bought by
Hanein Gameil A and Gameil Hanein Trust

Purchase Details

Listed on
Nov 21, 2012
Closed on
Jun 20, 2013
Sold by
Mejorado Sergio
Bought by
Hanein Gameil
Seller's Agent
Diane S Sanchez
Coldwell Banker Envision
Buyer's Agent
Diane S Sanchez
Coldwell Banker Envision
List Price
$136,000
Sold Price
$126,400
Premium/Discount to List
-$9,600
-7.06%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.40%

Purchase Details

Closed on
Oct 14, 2004
Sold by
Bey Andre Smart and Walker Joyce
Bought by
Mejorado Sergio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.87%
Mortgage Type
Stand Alone First
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

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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
$390,000 Fidelity Natl Ttl Co Torranc
Ranstrom Monica -- None Available
Hanein Gameil A -- None Available
Hanein Gameil $126,500 Usa National Title Co
Mejorado Sergio $300,000 North American Title Company
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
Open $365,750
Previous Owner Mejorado Sergio $328,500
Previous Owner Mejorado Sergio $240,000
Previous Owner Bey Andre Smart $107,150
Previous Owner Bey Andre Smart $110,000
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
12/11/2019 12/11/19 Sold $390,000 +1.3% $360 / Sq Ft
10/20/2019 10/20/19 For Sale $384,900 -- $356 / Sq Ft
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
2026 $5,603 $435,046 $231,133 $203,913
2025 $5,603 $426,516 $226,601 $199,915
2024 $5,421 $418,154 $222,158 $195,996
2023 $5,318 $409,955 $217,802 $192,153
2022 $5,173 $401,918 $213,532 $188,386
2021 $5,053 $394,039 $209,346 $184,693
2019 $2,177 $139,008 $40,108 $98,900
2018 $2,038 $136,283 $39,322 $96,961
2016 $1,834 $130,993 $37,796 $93,197
2015 $1,738 $129,027 $37,229 $91,798
2014 $1,779 $126,500 $36,500 $90,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19247647

California Regional Multiple Listing Service (CRMLS)

APN: 6266-015-054

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