NOT LISTED FOR SALE

8316 Somerset Ranch Rd Unit C Paramount, CA 90723

Estimated Value: $547,652 - $593,000

2 Beds
3 Baths
1,082 Sq Ft
$282/mo HOA Fee

Last Sold September 24, 2024

Last sale price $575,000 $531 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,753/month

20 Days on Market

Highlights

  • Spa
  • Gated Community
  • High Ceiling
  • Automatic Gate
  • 1.85 Acre Lot
  • Stone Countertops

About This Home

As of September 2024

Welcome to a luxurious 2 bed 3 bath, three-story residence in the prestigious Somerset Ranch community. With 1,082 sq ft, this home features a ground-floor two-car garage with in unit laundry zone, 2 primary suites with high ceilings, newer floors.

Enjoy resort-like amenities including a spa/hot tub. The pet-friendly environment welcomes your furry friends.

Located near Somerset Plaza and Greenfield Mall, as well as lush parks like Somerset Park and Green Meadows Park, this home offers both convenience and luxury. Plus, you're close to the 105 and 710 freeways for easy commuting. Discover the perfect blend of elegance and comfort in Somerset Ranch. Your dream lifestyle awaits.

Last Agent to Sell the Property

Mike Buttler

Think Boutiq Real Estate Brokerage Phone: 951-582-1567 License #01872193 Listed on: 07/30/2024

Last Buyer's Agent

Christina Mercado

Circle Real Estate License #02074083

Circle Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,342

Year Built

  • Built in 1991

Lot Details

  • Two or More Common Walls
  • Northeast Facing Home

HOA Fees

  • $282 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Rear-Facing Garage
  • Side by Side Parking
  • Single Garage Door
  • Garage Door Opener
  • Automatic Gate

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Slab Foundation

Interior Spaces

  • 1,082 Sq Ft Home
  • 3-Story Property
  • High Ceiling
  • Double Pane Windows
  • Plantation Shutters
  • Living Room with Fireplace
  • Laminate Flooring

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Stone Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Home Security

Outdoor Features

  • Spa
  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting

Additional Features

  • Doors are 32 inches wide or more
  • Energy-Efficient Appliances
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 50413
  • Assessor Parcel Number 6266015071
  • $440 per year additional tax assessments

Community Details

Overview

  • 52 Units
  • Pcm Management Association, Phone Number (800) 369-7260

Amenities

  • Outdoor Cooking Area

Recreation

  • Community Spa
  • Park
  • Bike Trail

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,342

Year Built

Built in 1991

Lot Details

0

HOA Fees

$282 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire and Smoke Detection System, Gated Community, Smoke Detector(s)
  • View: No
  • Zoning: PARM*
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6266015071
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1082.00 Square Feet
  • Interior Amenities: Balcony, High Ceilings, Stone Counters
  • Stories: 3
  • Entry Location: Garage / front door (2)
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Accessibility Features: 32 Inch Or More Wide Doors
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 2
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 531.42
  • Room Type: All Bedrooms Up, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Walk-In Closet
  • Spa Features: Association
  • Window Features: Double Pane Windows, Plantation Shutters
  • Bathroom Features: Bathtub, Double Sinks In Bath(s), Double Sinks In Primary Bath

Exterior Features

  • Patio: Yes
  • Direction Faces: Northeast
  • Foundation: Slab
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Garage Faces Rear, Garage - Single Door, Garage Door Opener, Gated, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Cooktop, Microwave
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Spa/Hot Tub, Outdoor Cooking Area, Trash, Sewer, Water
  • Association Fee: 282.00
  • Association Fee Frequency: Monthly
  • Association Name: PCM management
  • Phone: 800 369-7260
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Park, Sidewalks, Street Lights, Suburban
  • Association Management: PCM Management

Schools

  • School District: Paramount Unified

Green Features

  • Efficiency: Appliances

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 80481.00
  • Lot Size Acres: 1.8476

Multi Family

  • Lease Considered: No
  • Lot Size Area: 80481.0000 Square Feet
  • Number Of Units In Community: 52
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5535.03
  • Tax Lot: 1
  • Tax Tract Number: 50413
  • TaxOtherAnnualAssessmentAmount: 440.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2024
Closed on
Sep 19, 2024
Sold by
Rosales Marisela
Bought by
Mares Santos Moreno
Seller's Agent
Mike Buttler
Think Boutiq Real Estate
Buyer's Agent
Christina Mercado
Circle Real Estate
List Price
$565,000
Sold Price
$575,000
Premium/Discount to List
$10,000
1.77%
Views
91
Current Estimated Value
$570,663

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$4,337
Avg. Annual Appreciation
-0.75%
Original Mortgage
$551,000
Outstanding Balance
$544,272
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$26,391

Purchase Details

Listed on
Jul 30, 2024
Closed on
Aug 26, 2024
Sold by
Washington Anita
Bought by
Mares Cristina and Mares Santos Moreno
Seller's Agent
Mike Buttler
Think Boutiq Real Estate
Buyer's Agent
Christina Mercado
Circle Real Estate
List Price
$565,000
Sold Price
$575,000
Premium/Discount to List
$10,000
1.77%
Views
91

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$551,000
Outstanding Balance
$544,272
Interest Rate
6.47%
Mortgage Type
New Conventional
Estimated Equity
$26,391

Purchase Details

Listed on
Jan 29, 2019
Closed on
Mar 16, 2019
Sold by
Lagrosa Manuel
Bought by
Washington Anita
Seller's Agent
MAE PATINO
REALTY MASTERS & ASSOCIATES
Buyer's Agent
Brian Brown
Brown House Realty
List Price
$360,000
Sold Price
$370,000
Premium/Discount to List
$10,000
2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.39%
Original Mortgage
$363,298
Interest Rate
4.5%
Mortgage Type
FHA

Purchase Details

Closed on
Feb 4, 2014
Sold by
Chuajai Kc
Bought by
Lagrosa Manuel S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,150
Interest Rate
4.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 23, 2014
Sold by
Thanasirangkul Arnuparb Paul
Bought by
Lagrosa Manuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,150
Interest Rate
4.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 12, 2011
Sold by
Obpin Kanjana
Bought by
Thanasirangkul Arauparb Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,067
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 6, 2011
Sold by
Malonson Charles P and Krupski Pamela A
Bought by
Thanasirangkul Arnuparb Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,067
Interest Rate
4.75%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 25, 2007
Sold by
Anderson Darwin and Anderson Shirley
Bought by
Malonson Charles P

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
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 1, 2002
Sold by
Clark Kenneth
Bought by
Clark La Tonya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,950
Interest Rate
6.52%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 24, 2002
Sold by
Clark La Tonya and Frazier La Tonya R
Bought by
Anderson Darwin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$171,950
Interest Rate
6.52%
Mortgage Type
FHA
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
Mares Santos Moreno -- Wfg National Title
Mares Cristina $575,000 Wfg National Title
Washington Anita $370,000 Ticor Title Company
Lagrosa Manuel S -- Pacific Coast Title Company
Lagrosa Manuel $237,000 Pacific Coast Title Company
Thanasirangkul Arauparb Paul -- Fnt
Thanasirangkul Arnuparb Paul $150,000 Fnt
Malonson Charles P $340,000 Commonwealth Title
Clark La Tonya -- --
Anderson Darwin $177,000 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mares Cristina $551,000
Previous Owner Washington Anita $363,298
Previous Owner Lagrosa Manuel S $225,150
Previous Owner Thanasirangkul Arnuparb Paul $138,067
Previous Owner Malonson Charles P $272,000
Previous Owner Anderson Darwin $171,950
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/24/2024 09/24/24 Sold $575,000 +1.8% $531 / Sq Ft
08/20/2024 08/20/24 Pending -- -- --
07/30/2024 07/30/24 For Sale $565,000 +52.7% $522 / Sq Ft
04/09/2019 04/09/19 Sold $370,000 +2.8% $342 / Sq Ft
02/19/2019 02/19/19 Pending -- -- --
01/29/2019 01/29/19 For Sale $360,000 -- $333 / 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 $5,342 $575,000 $343,200 $231,800
2024 $5,342 $404,646 $204,620 $200,026
2023 $5,243 $396,712 $200,608 $196,104
2022 $5,101 $388,934 $196,675 $192,259
2021 $4,984 $381,309 $192,819 $188,490
2019 $1,332 $260,438 $67,031 $193,407
2018 $3,400 $255,332 $65,717 $189,615
2016 $3,050 $245,419 $63,166 $182,253
2015 $2,877 $241,734 $62,218 $179,516
2014 $2,121 $156,767 $31,353 $125,414
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS24149776

California Regional Multiple Listing Service (CRMLS)

APN: 6266-015-071