8314 Somerset Ranch Rd Unit D Paramount, CA 90723
Estimated payment $3,531/month
Highlights
- Heated Spa
 - Wood Flooring
 - Granite Countertops
 - 1.85 Acre Lot
 - End Unit
 - Outdoor Cooking Area
 
About This Home
Welcome to Somerset Ranch — a Fabulous Turnkey Townhome!
This beautifully upgraded and desirable end-unit offers 2 spacious bedrooms, 2.5 bathrooms, and an open-concept layout perfect for modern living and entertaining. Enjoy the convenience of an attached two-car garage, indoor laundry, and two private outdoor patios—ideal for relaxing or hosting guests. Inside find fresh interior paint, elegant Brazilian cherry hardwood floors, custom wood shutters, recessed lighting, granite countertops, and stainless steel appliances. The upgraded fireplace adds a touch of warmth and charm to the open living space. Located in a secure, well-maintained community with a spa and BBQ area, this FHA-approved townhome is ideally situated near freeways, Downey Landing, Downey Promenade, Porto’s Bakery, Paramount Drive-In, Hollydale Regional Park, and more. Whether you're staying in or heading out, this home checks all the boxes—style, comfort, location, and lifestyle. You may never want to leave!
Listing Agent
Robert Giambalvo
Redfin Corporation License #01955817 Listed on: 07/29/2025
                        Property Details
Home Type
- Condominium
 
Est. Annual Taxes
- $3,339
 
Year Built
- Built in 1991
 
Lot Details
- End Unit
 - 1 Common Wall
 - Security Fence
 - Wrought Iron Fence
 - Block Wall Fence
 
HOA Fees
- $375 Monthly HOA Fees
 
Parking
- 2 Car Direct Access Garage
 - 2 Open Parking Spaces
 - Parking Available
 - Rear-Facing Garage
 - Single Garage Door
 - Shared Driveway
 
Home Design
- Entry on the 1st floor
 - Interior Block Wall
 - Spanish Tile Roof
 - Clay Roof
 
Interior Spaces
- 1,082 Sq Ft Home
 - 2-Story Property
 - Crown Molding
 - Ceiling Fan
 - Recessed Lighting
 - Gas Fireplace
 - Living Room with Fireplace
 
Kitchen
- Microwave
 - Water Line To Refrigerator
 - Dishwasher
 - Granite Countertops
 
Flooring
- Wood
 - Carpet
 
Bedrooms and Bathrooms
- 2 Bedrooms
 - All Upper Level Bedrooms
 - Walk-In Closet
 - Dual Sinks
 - Bathtub with Shower
 - Exhaust Fan In Bathroom
 
Laundry
- Laundry Room
 - Gas Dryer Hookup
 
Pool
- Heated Spa
 - In Ground Spa
 
Additional Features
- Balcony
 - Urban Location
 - Central Heating and Cooling System
 
Listing and Financial Details
- Tax Lot 1
 - Tax Tract Number 50413
 - Assessor Parcel Number 6266015068
 - $440 per year additional tax assessments
 
Community Details
Overview
- Front Yard Maintenance
 - Master Insurance
 - 52 Units
 - Downey Lakes HOA, Phone Number (800) 369-7260
 - Professional Community Management HOA
 - Maintained Community
 
Amenities
- Outdoor Cooking Area
 - Community Barbecue Grill
 
Recreation
- Community Spa
 
Pet Policy
- Pets Allowed
 
Security
- Security Service
 - Controlled Access
 
Map
Home Values in the Area
Average Home Value in this Area
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 | $3,339 | $251,072 | $106,439 | $144,633 | 
| 2024 | $3,339 | $246,150 | $104,352 | $141,798 | 
| 2023 | $3,277 | $241,324 | $102,306 | $139,018 | 
| 2022 | $3,188 | $236,593 | $100,300 | $136,293 | 
| 2021 | $3,112 | $231,955 | $98,334 | $133,621 | 
| 2019 | $3,182 | $225,076 | $95,418 | $129,658 | 
| 2018 | $2,979 | $220,664 | $93,548 | $127,116 | 
| 2016 | $2,673 | $212,097 | $89,916 | $122,181 | 
| 2015 | $2,523 | $208,912 | $88,566 | $120,346 | 
| 2014 | $2,584 | $204,821 | $86,832 | $117,989 | 
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | 
|---|---|---|---|---|
| 07/29/2025 07/29/25 | For Sale | $549,988 | 0.0% | $508 / Sq Ft | 
| 10/03/2018 10/03/18 | Rented | $2,000 | 0.0% | -- | 
| 09/07/2018 09/07/18 | Under Contract | -- | -- | -- | 
| 08/12/2018 08/12/18 | For Rent | $2,000 | -- | -- | 
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PF25167819
APN: 6266-015-068
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