NOT LISTED FOR SALE

8314 Somerset Ranch Rd Unit A Paramount, CA 90723

Estimated Value: $545,000 - $556,847

2 Beds
3 Baths
1,082 Sq Ft
$509/Sq Ft Est. Value

Last Sold May 12, 2017

Last sale price $320,000 $296 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $3,572/month

5 Days on Market

Highlights

  • 80,460 Sq Ft lot
  • Community Spa
  • Central Heating and Cooling System
  • Park or Greenbelt View
  • 2 Car Direct Access Garage
  • Greenbelt

About This Home

As of May 2017

Welcome to Somerset Ranch a Fabulous Turnkey Townhome! This home features 2 bedroom and 2.5 baths. Attached two car garage with inside laundry! Freshly painted, recessed lighting, Granite counters, stainless steal appliances, laminate Hardwood floors, upgraded fireplace, open living floor plan for entertaining. An End unit in a secure complex with a community spa and BBQ!Great location close to freeways, Downey Landing, Downey Promenade, Portos, Paramount Drive-in and Hollydale Regonial Park and much more!FHA approved condo!

Last Agent to Sell the Property

Lynsey Russell

Keller Williams Pacific Estate License #01437890 Listed on: 03/25/2017

Keller Williams Pacific Estate

Last Buyer's Agent

Timothy Xu

Compass License #01703821

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,767

Year Built

  • Built in 1991

Lot Details

  • 1.85 Acre Lot
  • 1 Common Wall

HOA Fees

  • $265 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Automatic Gate

Home Design

  • Split Level Home
  • Turnkey

Interior Spaces

  • 1,082 Sq Ft Home
  • Family Room with Fireplace
  • Park or Greenbelt Views

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 18
  • Tax Tract Number 50413
  • Assessor Parcel Number 6266015065

Community Details

Overview

  • Downey Lakes Association
  • Greenbelt

Recreation

  • Community Spa

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,767

Year Built

Built in 1991

Lot Details

0

HOA Fees

$265 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Automatic Gate
  • View: Yes
  • Zoning: PARM*
  • Property Condition: Turnkey
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 6266015065
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1082.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Family Room
  • Levels: Multi/Split
  • Price Per Square Foot: 295.75
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Park/Greenbelt
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Spa/Hot Tub
  • Association Fee: 265.00
  • Association Fee Frequency: Monthly
  • Association Name: Downey lakes
  • Phone: 562920785
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Paramount Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Greenbelt
  • Lot Size Sq Ft: 80460.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5535.03
  • Tax Lot: 18
  • Tax Tract Number: 50413

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2017
Closed on
May 1, 2017
Sold by
Gonzalez Carlos
Bought by
Sisaat Thansamay
Seller's Agent
Lynsey Russell
Keller Williams Pacific Estate
Buyer's Agent
Timothy Xu
Compass
List Price
$299,999
Sold Price
$320,000
Premium/Discount to List
$20,001
6.67%
Current Estimated Value
$550,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,962
Avg. Annual Appreciation
6.79%
Original Mortgage
$272,000
Outstanding Balance
$227,279
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$327,359

Purchase Details

Listed on
Mar 25, 2017
Closed on
Apr 28, 2017
Sold by
Martinez Edith
Bought by
Gonzalez Carlos
Seller's Agent
Lynsey Russell
Keller Williams Pacific Estate
Buyer's Agent
Timothy Xu
Compass
List Price
$299,999
Sold Price
$320,000
Premium/Discount to List
$20,001
6.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$272,000
Outstanding Balance
$227,279
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$327,359

Purchase Details

Closed on
May 4, 2004
Sold by
Cruza Redondo Felipe and Ayala Carmen Aida Aguilera
Bought by
Gonzalez Carlos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 17, 2003
Sold by
Cruza Redondo Felipe
Bought by
Cruza Redondo Felipe

Purchase Details

Closed on
May 31, 2002
Sold by
Aguiler Ayala Carmen
Bought by
Cruza Redondo Felipe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,750
Interest Rate
6.83%
Mortgage Type
FHA

Purchase Details

Closed on
May 6, 2002
Sold by
Lees James and Chung Wha S
Bought by
Cruza Redondo Felipe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,750
Interest Rate
6.83%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 6, 2002
Sold by
Shonts Scott and Waters Shonts Juli
Bought by
Lees James
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Sisaat Thansamay $320,000 Ticor Title
Gonzalez Carlos -- Ticor Title
Gonzalez Carlos $285,000 Commonwealth Land Title Co
Cruza Redondo Felipe -- --
Cruza Redondo Felipe -- American Title
Cruza Redondo Felipe $175,000 American Title
Lees James -- American Title
Chung Wha S -- American Title
Lees James $129,250 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sisaat Thansamay $272,000
Closed Gonzalez Carlos $272,000
Previous Owner Gonzalez Carlos $75,000
Previous Owner Gonzalez Carlos $57,000
Previous Owner Gonzalez Carlos $228,000
Previous Owner Cruza Redondo Felipe $169,700
Previous Owner Cruza Redondo Felipe $169,750
Closed Gonzalez Carlos $42,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/12/2017 05/12/17 Sold $320,000 +6.7% $296 / Sq Ft
04/25/2017 04/25/17 Pending -- -- --
04/20/2017 04/20/17 For Sale $299,999 -- $277 / 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 $4,767 $371,383 $153,776 $217,607
2024 $4,767 $364,102 $150,761 $213,341
2023 $4,677 $356,963 $147,805 $209,158
2022 $4,549 $349,964 $144,907 $205,057
2021 $4,443 $343,103 $142,066 $201,037
2019 $4,553 $332,928 $137,853 $195,075
2018 $4,265 $326,400 $135,150 $191,250
2016 $2,966 $231,000 $129,700 $101,300
2015 $2,837 $231,000 $129,700 $101,300
2014 $2,958 $231,000 $129,700 $101,300
Source: Public Records

Agents Affiliated with this Home

  • Lynsey Russell

    Seller's Agent in 2017

    Lynsey Russell

    Keller Williams Pacific Estate

    (562) 841-6615

    2 in this area

    136 Total Sales

    Lynsey Russell
    Section Image

  • T

    Buyer's Agent in 2017

    Timothy Xu

    Compass

    (310) 227-1001

    Timothy Xu
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17082875

California Regional Multiple Listing Service (CRMLS)

APN: 6266-015-065

California Los Angeles County Paramount 90723

8314 Somerset Ranch Rd Unit A, Paramount, CA

This home is located at 8314 Somerset Ranch Rd Unit A, Paramount, CA 90723 since 25 March 2017 and is currently estimated at $550,962, approximately $509 per square foot. This property was built in 1991. 8314 Somerset Ranch Rd Unit A is a home located in Los Angeles County with nearby schools including Theodore Roosevelt, Paramount Park Middle School, and Paramount High School.

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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