NOT LISTED FOR SALE

8318 Somerset Ranch Rd Unit A Paramount, CA 90723

Estimated Value: $549,340 - $557,000

2 Beds
3 Baths
1,082 Sq Ft
$275/mo HOA Fee

Last Sold April 11, 2018

Last sale price $355,000 $328 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $3,634/month

12 Days on Market

Highlights

  • 80,460 Sq Ft lot
  • Community Barbecue Grill
  • Central Heating and Cooling System
  • Laundry Room

About This Home

As of April 2018

Paramount Gated Charmer Fireplace in the living room, Central Air & Heat, Attached Garage. A beautiful and well maintained updated Unit & Complex, a balcony off the Master Suite. This beautiful condo is located in the beautiful gated community of Downey Lakes. This condo has 2 bedrooms, 2 1/2 bathrooms, beautiful hardwood flooring, and an inside laundry area. Both master en- suits are ensuite with there own private bathroom

Last Agent to Sell the Property

EDWINA TRENT

KELLER WILLIAMS PREMIER PROP. License #02027352 Listed on: 03/01/2018

KELLER WILLIAMS PREMIER PROP.

Last Buyer's Agent

mona flaum

Equity Union License #01200014

Equity Union

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,259

Year Built

  • Built in 1991

Lot Details

  • 1 Common Wall
  • No Landscaping

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 1,082 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

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

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 50413
  • Assessor Parcel Number 6266015073

Community Details

Overview

  • 100 Units
  • Downey Lakes Association, Phone Number (562) 620-7851

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Pet Policy

  • Pet Restriction

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,259

Year Built

Built in 1991

Lot Details

0

HOA Fees

$275 per month

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: PARM*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6266015073
  • 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: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 328.10
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Trash, Sewer, Dues Paid Monthly, Pet Rules, Call for Rules
  • Association Fee: 275.00
  • Association Fee Frequency: Monthly
  • Association Name: DOWNEY LAKES
  • Phone: 562-620-7851
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Paramount Unified

Lot Info

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

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 100
  • Number Of Units Total: 1

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 4, 2023
Sold by
3 J T Properties Llc
Bought by
Allkbjjjt Llc
Current Estimated Value
$553,085

Purchase Details

Closed on
Aug 29, 2019
Sold by
Tiffith Jamila Compton
Bought by
3 J T Properties Llc

Purchase Details

Listed on
Mar 1, 2018
Closed on
Apr 4, 2018
Sold by
Tumbling Kimberly D
Bought by
Tiffith Jamila Compton
Seller's Agent
EDWINA TRENT
KELLER WILLIAMS PREMIER PROP.
Buyer's Agent
mona flaum
Equity Union
List Price
$355,000
Sold Price
$355,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.34%

Purchase Details

Closed on
Apr 8, 1999
Sold by
Milliner James
Bought by
Tumbling Kimberly D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,156
Interest Rate
6.92%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 5, 1998
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Milliner James and Wolfe Tanya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,776
Interest Rate
7.17%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 27, 1998
Sold by
Brooks Carol Y
Bought by
Federal Home Loan Mortgage Corporation
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
Allkbjjjt Llc -- None Listed On Document
3 J T Properties Llc -- None Available
Tiffith Jamila Compton $355,000 Wfg National Title Company
Tumbling Kimberly D $121,000 Lawyers Title Company
Milliner James -- Lawyers Title Company
Milliner James $98,000 Chicago Title Co
Federal Home Loan Mortgage Corporation $90,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tumbling Kimberly D $222,621
Previous Owner Tumbling Kimberly D $240,468
Previous Owner Tumbling Kimberly D $210,200
Previous Owner Tumbling Kim D $58,500
Previous Owner Tumbling Kimberly D $148,000
Previous Owner Tumbling Kimberly D $18,000
Previous Owner Tumbling Kimberly D $36,141
Previous Owner Tumbling Kimberly D $32,676
Previous Owner Tumbling Kimberly D $27,200
Previous Owner Tumbling Kimberly D $15,937
Previous Owner Tumbling Kimberly D $118,156
Previous Owner Milliner James $95,776
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/07/2019 03/07/19 Rented $2,200 -12.0% --
03/04/2019 03/04/19 Under Contract -- -- --
02/02/2019 02/02/19 For Rent $2,500 0.0% --
04/11/2018 04/11/18 Sold $355,000 0.0% $328 / Sq Ft
03/13/2018 03/13/18 Pending -- -- --
03/12/2018 03/12/18 Off Market $355,000 -- --
03/01/2018 03/01/18 For Sale $355,000 -- $328 / 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 $5,259 $523,260 $242,760 $280,500
2024 $5,259 $397,783 $198,356 $199,427
2023 $5,161 $389,984 $194,467 $195,517
2022 $5,022 $382,338 $190,654 $191,684
2021 $4,906 $374,842 $186,916 $187,926
2020 $4,776 $369,341 $184,150 $185,191
2019 $5,013 $362,100 $180,540 $181,560
2018 $2,407 $166,699 $34,437 $132,262
2016 $2,165 $160,227 $33,100 $127,127
2015 $2,048 $157,821 $32,603 $125,218
2014 $2,098 $154,731 $31,965 $122,766
Source: Public Records

Agents Affiliated with this Home

  • m

    Seller's Agent in 2019

    mona flaum

    Equity Union

    (818) 621-9445

    24 Total Sales

    mona flaum
    Section Image

  • E

    Seller's Agent in 2018

    EDWINA TRENT

    KELLER WILLIAMS PREMIER PROP.

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV18049423

California Regional Multiple Listing Service (CRMLS)

APN: 6266-015-073

California Los Angeles County Paramount 90723

8318 Somerset Ranch Rd Unit A, Paramount, CA

This home is located at 8318 Somerset Ranch Rd Unit A, Paramount, CA 90723 since 01 March 2018 and is currently estimated at $553,085, approximately $511 per square foot. This property was built in 1991. 8318 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.

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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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