NOT LISTED FOR SALE

8312 Somerset Ranch Rd Unit B Paramount, CA 90723

Estimated Value: $534,000 - $589,000

2 Beds
3 Baths
1,082 Sq Ft
1.85 Acres Lot

Sale Details

Date Sold: August 24, 2022

Last sale price $540,000 $499 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,896 / mo

20 Days on Market

Highlights

  • 1.85 Acre Lot
  • Living Room with Fireplace
  • Community Spa
  • A-Frame Home
  • Wood Flooring
  • Walk-In Closet

About This Home

As of August 2022

Check out this highly desirable complex. This Quiet Complex is nestled close to transportation, restaurant, and shopping near the Promenade at Downey. This 2 bedroom 3 bath unit is a spacious tri-level home that offers space and opportunity. All bedrooms are upstairs with a living area and kitchen on the main floor. Equipped with an attached two-car garage, and laundry area. This is a nice and friendly community who looks out for each other. Please stop by!

Last Agent to Sell the Property

Ian Michael Thompson

Circle Real Estate License #01961267 Listed on: 06/28/2022

Last Buyer's Agent

Ian Michael Thompson

Circle Real Estate License #01961267 Listed on: 06/28/2022

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1991

Lot Details

  • 1.85

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Guest Parking

Home Design

  • A-Frame Home
  • Entry on the 1st floor

Interior Spaces

  • 1,082 Sq Ft Home
  • Living Room with Fireplace
  • Wood Flooring
  • Security Lights
  • Microwave

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry in Garage
  • Dryer

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 6266-015-060

Community Details

Overview

  • 52 Units

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • Card or Code Access

Property Details

Home Type

Condominium

Year Built

Built in 1991

Lot Details

1.85 Acres

HOA Fees

$275 per month

Parking

2

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: A-Frame
  • Street Number Display: Yes
  • Complex Name: SEE AGENT
  • Entry Floor: 1
  • Living Area: 1082
  • Lot Acreage: 1.8471
  • Planned Urban Dev: 0
  • Year Built: 1991
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 2
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Eating Areas: Family Kitchen
  • Laundry: Garage
  • Total Bathrooms: 3.00
  • Equipment: Microwave, Gas Or Electric Dryer Hookup, Gas Dryer Hookup, Electric Dryer Hookup, Dryer
  • Price Per S Q F T: 488.91

Exterior Features

  • Pool: No
  • Spa Yn: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Parking for Guests - Onsite
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Exterior Security Lights, Card/Code Access

Association/Amenities

  • Amenities: Spa
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 275.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 6266-015-060
  • Lot Size Area: 80460

Multi Family

  • Number Of Units: 52

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
Jun 28, 2022
Closed on
Jul 11, 2022
Sold by
Bought by
Seller's Agent
Ian Michael Thompson
Circle Real Estate
Buyer's Agent
Ian Michael Thompson
Circle Real Estate
List Price
$529,000
Sold Price
$540,000
Premium/Discount to List
$11,000
2.08%
Views
2
Current Estimated Value
$567,242

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$27,242
Avg. Annual Appreciation
1.31%
Original Mortgage
$430,000
Outstanding Balance
$409,831
Interest Rate
5.3%
Mortgage Type
New Conventional
Estimated Equity
$157,411

Purchase Details

Closed on
Oct 2, 2020
Sold by
Bought by

Purchase Details

Closed on
Aug 12, 2019
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
$315,425
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 27, 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
$351,405
Interest Rate
7.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 21, 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
$351,405
Interest Rate
7.5%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 4, 1998
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
$88,750
Interest Rate
6.66%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 12, 1998
Sold by
Bought by

Purchase Details

Closed on
Mar 18, 1998
Sold by
Bought by
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

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
$540,000 Clearmark Title
-- None Available
-- First American Title Ins Co
$370,000 Ticor Title Co Glendale
-- Ticor Title Co Glendale
$90,000 Provident Title
$132,095 Fidelity National Title Ins
$132,092 Fidelity National Title Ins
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 $430,000
Previous Owner $315,425
Previous Owner $351,405
Previous Owner $88,750
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
08/24/2022 08/24/22 Sold $540,000 +2.1% $499 / Sq Ft
07/18/2022 07/18/22 Pending -- -- --
06/28/2022 06/28/22 For Sale $529,000 -- $489 / Sq Ft
Source: The MLS

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 $7,320 $561,815 $325,645 $236,170
2024 $7,111 $550,800 $319,260 $231,540
2023 $6,977 $540,000 $313,000 $227,000
2022 $5,434 $423,623 $250,062 $173,561
2021 $4,837 $369,000 $218,000 $151,000
2020 $4,689 $369,000 $218,000 $151,000
2019 $5,012 $369,000 $218,000 $151,000
2018 $4,393 $337,000 $199,000 $138,000
2016 $2,887 $231,000 $136,200 $94,800
2015 $2,762 $231,000 $136,200 $94,800
2014 $2,879 $231,000 $136,200 $94,800
Source: Public Records

Agents Affiliated with this Home

  • I

    Seller's Agent in 2022

    Ian Michael Thompson

    Circle Real Estate

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Map

Source: The MLS

MLS Number: 22-173237

The MLS

APN: 6266-015-060

California Los Angeles County Paramount 90723

8312 Somerset Ranch Rd Unit B, Paramount, CA

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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