NOT LISTED FOR SALE

8311 Olanda St Paramount, CA 90723

Estimated Value: $629,000 - $832,000

3 Beds
2 Baths
1,368 Sq Ft
$505/Sq Ft Est. Value

Last Sold March 15, 2021

Last sale price $500,000 $365 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $4,214/month

17 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Laundry Room
  • 4-minute walk to Pequino Park
  • No HOA

About This Home

As of March 2021

A great opportunity to purchase this home in Paramount. This home features 3 bedrooms 2 baths, 1368 SQFT of living space and big lot size 7,229 SQFT. It has 2 car detached garages with 2 separate drive way on each side with security gate for plenty of parking. This home is close to schools, shopping center and easy access to freeways 710, 105 and 91

Last Agent to Sell the Property

Alan Tran

KW Executive License #01042743 Listed on: 08/05/2020

KW Executive

Last Buyer's Agent

Karl Parize

Momentum Realty Group License #01364278

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 7,229 Sq Ft Lot
  • Density is 2-5 Units/Acre
  • Land Lease
  • Property is zoned PAR1*

Parking

  • 2 Car Garage

Home Design

  • 1,368 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • All Bedrooms Down
  • 2 Full Bathrooms

Laundry

  • Laundry Room

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 11 / 4
  • Tax Tract Number 5535
  • Assessor Parcel Number 6265003053

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: PAR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6265003053
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1368.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 365.50
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: Yes
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7229.00
  • Lot Size Acres: 0.1660

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7229.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 5535.04
  • Tax Lot: 11
  • Tax Tract Number: 5535

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 28, 2020
Sold by
Abutin Edna T
Bought by
Luciene Jason
Current Estimated Value
$691,090

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 1998
Sold by
Abutin Epifania M
Bought by
Abutin Edna T

Purchase Details

Closed on
Oct 6, 1993
Sold by
Bustamante Jose
Bought by
Abutin Epifania M and Pangilinan Jesus B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,277
Interest Rate
6%
Mortgage Type
FHA
Source: Public Records

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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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
Luciene Jason $500,000 Stewart Title Of California In
Abutin Edna T -- --
Abutin Epifania M $152,000 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Luciene Jason $400,000
Previous Owner Abutin Epifania M $150,277
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/15/2021 03/15/21 Sold $500,000 -8.9% $365 / Sq Ft
08/22/2020 08/22/20 Pending -- -- --
08/05/2020 08/05/20 For Sale $549,000 -- $401 / 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 $7,110 $541,214 $432,972 $108,242
2024 $7,110 $530,603 $424,483 $106,120
2023 $6,980 $520,200 $416,160 $104,040
2022 $6,769 $510,000 $408,000 $102,000
2021 $3,647 $259,060 $146,372 $112,688
2020 $3,570 $256,405 $144,872 $111,533
2019 $3,726 $251,379 $142,032 $109,347
2018 $3,368 $246,451 $139,248 $107,203
2016 $3,023 $236,883 $133,842 $103,041
2015 $2,855 $233,326 $131,832 $101,494
2014 $2,924 $228,756 $129,250 $99,506
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR20157229

California Regional Multiple Listing Service (CRMLS)

APN: 6265-003-053