NOT LISTED FOR SALE

8314 Somerset Ranch Rd Unit C Paramount, CA 90723

Estimated Value: $534,000 - $554,000

2 Beds
2.5 Baths
1,082 Sq Ft
$506/Sq Ft Est. Value

Last Sold August 21, 2013

Last sale price $242,000 $224 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $3,398/month

1 Day on Market

Highlights

  • Private Pool
  • Corner Lot
  • Laundry Room
  • 1.85 Acre Lot
  • Balcony
  • Central Heating and Cooling System

About This Home

As of August 2013

Exellent buy!! Beautiful 2.5 bath. 3 level town home style condo with direct garage access and laundry room. Community has much to offer. Tranquill settings, community spa and close to all of your shopping needs and freeways.

Last Agent to Sell the Property

Bertha A Romero

El Camino Realty & Associates License #01747226 Listed on: 07/22/2013

Last Buyer's Agent

Venus Romero

SoCal One Realty License #01833862

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $3,880

Year Built

  • Built in 1991

Lot Details

  • 1.85

HOA Fees

  • $185 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 1,082 Sq Ft Home
  • Family Room with Fireplace
  • Dining Room
  • Carpet
  • Convection Oven
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms

Outdoor Features

  • Private Pool
  • Balcony

Additional Features

  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 50413
  • Assessor Parcel Number 6266015067

Community Details

Overview

  • 52 Units
  • Downey Lakes Association

Amenities

  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$3,880

Year Built

Built in 1991

Lot Details

0

HOA Fees

$185 per month

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Number: 3103515030
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 6266015067
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1082.00
  • Interior Amenities: Balcony
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Fireplace Features: Family Room
  • Levels: Three Or More
  • Price Per Square Foot: 223.66
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Features: Community
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven
  • Heating Type: Central
  • Laundry Features: Common Area
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Spa/Hot Tub
  • Association Fee: 185.00
  • Association Fee Frequency: Monthly
  • Association Name: Downey Lakes
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 80460.00
  • Lot Size Acres: 1.8470

Multi Family

  • Lease Considered: No
  • Lot Size Area: 80460.0000 Square Feet
  • Number Of Units In Community: 52
  • Number Of Units Total: 52

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 50413

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 22, 2013
Closed on
Aug 13, 2013
Sold by
Sandoval Araceli
Bought by
Manzano Carmen A
Seller's Agent
Bertha A Romero
El Camino Realty & Associates
Buyer's Agent
Venus Romero
SoCal One Realty
List Price
$230,000
Sold Price
$242,000
Premium/Discount to List
$12,000
5.22%
Current Estimated Value
$547,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,209
Avg. Annual Appreciation
7.31%
Original Mortgage
$228,000
Interest Rate
4.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2010
Sold by
Wells Fargo Bank N A
Bought by
Sandoval Araceli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,197
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 23, 2010
Sold by
Baies Robert
Bought by
Wells Fargo Bank Na
Source: Public Records

Range of Values:

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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
Manzano Carmen A $242,000 Provident Title Company
Sandoval Araceli $150,000 First American Title Company
Wells Fargo Bank Na $28,044 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nanzano Carmen A $212,500
Closed Manzano Carmen A $25,000
Closed Manzano Carmen A $203,500
Closed Manzano Carmen A $217,500
Closed Manzano Carmen A $228,000
Previous Owner Sandoval Araceli $146,197
Previous Owner Baies Robert $50,000
Previous Owner Manzano Carmen A $212,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/21/2013 08/21/13 Sold $242,000 +5.2% $224 / Sq Ft
07/22/2013 07/22/13 For Sale $230,000 -5.0% $213 / Sq Ft
07/20/2013 07/20/13 Off Market $242,000 -- --
07/13/2013 07/13/13 Pending -- -- --
07/12/2013 07/12/13 For Sale $230,000 -- $213 / 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 $3,880 $296,648 $112,774 $183,874
2024 $3,880 $290,832 $110,563 $180,269
2023 $3,807 $285,131 $108,396 $176,735
2022 $3,703 $279,541 $106,271 $173,270
2021 $3,616 $274,061 $104,188 $169,873
2019 $3,701 $265,935 $101,099 $164,836
2018 $3,466 $260,721 $99,117 $161,604
2016 $3,109 $250,599 $95,269 $155,330
2015 $2,932 $246,835 $93,838 $152,997
2014 $3,003 $242,000 $92,000 $150,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IN13136814

California Regional Multiple Listing Service (CRMLS)

APN: 6266-015-067