NOT LISTED FOR SALE

8318 Somerset Ranch Rd Unit D Paramount, CA 90723

Estimated Value: $557,815 - $570,000

2 Beds
3 Baths
1,082 Sq Ft
$521/Sq Ft Est. Value

Last Sold November 22, 2017

Last sale price $343,500 $317 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $3,809/month

9 Days on Market

Highlights

  • In Ground Spa
  • Gated Community
  • Granite Countertops
  • Two Primary Bedrooms
  • 80,460 Sq Ft lot
  • Outdoor Cooking Area

About This Home

As of November 2017

Welcome to Somerset Ranch awesome Town-home! This 2 bedroom and 2.5 bath home features a 2 car attached garage with inside laundry and additional storage. Features also include Granite counter tops, stainless appliances, luxury vinyl flooring downstairs and partly upstairs, gas/wood fireplace, window coverings, recessed lighting throughout. 2 Master Suites, one with 2 closets featuring a walk in closet and doorway that exits the balcony. This wonderful home also features Central heating and air, close freeway access, cameras surrounding complex for safety and a remote that can be programmed to your smart phone to open garage when you are not home or in case you lock yourself out. This home also features ceiling fan in dining area. Stove, fridge, dishwasher, microwave, washer and dryer will be staying with the home.

Last Listed By

Bree Johnson

The Jackson Real Estate Group License #01786151 Listed on: 10/16/2017

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $4,997

Year Built

  • Built in 1991

Lot Details

  • 1.85 Acre Lot
  • 1 Common Wall
  • Landscaped

HOA Fees

  • $265 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Automatic Gate

Interior Spaces

  • 1,082 Sq Ft Home
  • Blinds
  • Living Room with Fireplace
  • Dining Room
  • Vinyl Flooring

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Double Master Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Accessible Home Design

  • Accessible Parking

Outdoor Features

  • In Ground Spa
  • Open Patio

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 50413
  • Assessor Parcel Number 6266015076

Community Details

Overview

  • Downey Lakes Homeowners Association, Phone Number (562) 920-7851

Amenities

  • Outdoor Cooking Area
  • Community Barbecue Grill

Recreation

  • Community Pool
  • Community Spa

Security

  • Card or Code Access
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$4,997

Year Built

Built in 1991

Lot Details

0

HOA Fees

$265 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Refrigerator, stove, microwave, dishwasher, washer and dryer
  • Property Attached: Yes
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Card/Code Access, Gated Community, Smoke Detector(s)
  • View: No
  • Zoning: PARM*
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 6266015076
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1082.00 Square Feet
  • Interior Amenities: Granite Counters
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 317.47
  • Room Type: All Bedrooms Up, Living Room, Two Masters
  • Spa Features: In Ground
  • Window Features: Blinds

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio Open
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Cooktop, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, Washer Hookup, Washer Included
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Spa/Hot Tub, Barbecue, Outdoor Cooking Area, Dues Paid Monthly
  • Association Fee: 265.00
  • Association Fee Frequency: Monthly
  • Association Name: Downey Lakes Homeowners Association
  • Phone: 1(562)920-7851
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Paramount Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • 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: 1
  • Tax Tract Number: 50413

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 16, 2017
Closed on
Oct 27, 2017
Sold by
Turner Dwayne Eric
Bought by
Lourenco Ryan
Seller's Agent
Bree Johnson
The Jackson Real Estate Group
Buyer's Agent
Greg Ernst
GML Homes, Inc.
List Price
$335,000
Sold Price
$343,500
Premium/Discount to List
$8,500
2.54%
Total Days on Market
9
Current Estimated Value
$564,204

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$220,704
Avg. Annual Appreciation
5.88%
Original Mortgage
$306,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 8, 2011
Sold by
Aurora Loan Services Llc
Bought by
Turner Dwayne Eric

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
4.87%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 21, 2010
Sold by
Zuleta Thelma Y
Bought by
Aurora Loan Services Llc

Purchase Details

Closed on
Dec 11, 2005
Sold by
Zuleta Jorge Raul
Bought by
Zuleta Thelma Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
6.36%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Nov 8, 2005
Sold by
Junghans Guillermina
Bought by
Zuleta Thelma Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$49,500
Interest Rate
6.36%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 30, 2004
Sold by
Junghans Guillermina
Bought by
Junghans Guillermina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
5.97%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Similar Homes in the area

  • 14136 Orizaba Ave, Paramount, CA 90723

    $690,000

    • 3 Beds
    • 2.5 Baths
    • 1,719 Sq Ft
    • 14136 Orizaba Ave
    • Paramount, CA

    This is beautiful newly remodeled 3 bedroom 2.1 bath to call a home. Open Living/Dining area with fireplace and access to patio; step up to kitchen with counter for eating, new vinyl flooring; 1/4 bathroom on first floor. All 3 bedrooms are on the second floor. Spacious Master bedroom has a remodeled master bathroom with double sinks and jacuzzi, enjoy listening to music to relax in the masters

    Olufunke Ola Century 21 Union Realty

    Section Image
  • 13919 Arthur Ave Unit 22, Paramount, CA 90723

    $589,000

    • 2 Beds
    • 3 Baths
    • 1,148 Sq Ft
    • 13919 Arthur Ave
    • Unit 22
    • Paramount, CA

    At home find comfort and rest in this beautiful townhome with attached 2 car garage. Located in the quiet rear of the complex, you can sit and relax in your private, gated front porch area. The livingroom features a fireplace and updated wood floors with an open floor plan to the dining room. Pull up a counter stool and have your drinks and breakfast passed from the kitchen to have a flow during

    Marie Mcdonald Marie McDonald Realty

    Section Image
  • 8028 Harrison St, Paramount, CA 90723

    $499,900

    • 2 Beds
    • 3 Baths
    • 1,109 Sq Ft
    • 8028 Harrison St
    • Paramount, CA

    *** BANKRUPTCY SALE - EQUITY SALE (NOT AN REO, NOT BANK OWNED, AND NOT A SHORT SALE) - DOES NOT REQUIRE COURT CONFIRMATION ***Welcome to this two-bedroom, three-bath condo located in the heart of Paramount. This spacious unit offers modern living with an open-concept floor plan, perfect for both relaxation and entertaining. Each of the two bedrooms is generously sized, with ample closet space and

    Jennifer Toyama Berkshire Hathaway HomeService

    Section Image
  • 17038 Downey Ave Unit B, Bellflower, CA 90706

    $659,000

    • 3 Beds
    • 2.5 Baths
    • 1,397 Sq Ft
    • 17038 Downey Ave
    • Unit B
    • Bellflower, CA

    Beautiful Oakridge Tri-level Townhome built in 1990 your opportunity to be the 2nd owner of this lovely Plan #2 The Beechwood A modern graceful design reflecting decorator touches & quality craftsmanship throughout. Close to work, close to school, close to all Southern California has to offer, the Beechwood truly is home. This home features 3 Bedroom's all upstairs with one primary, 2 full

    Wesley Lambert RE/MAX College Park Realty

    Section Image

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
Lourenco Ryan $343,500 Priority Title
Turner Dwayne Eric $150,000 Lsi Title Company Ca
Aurora Loan Services Llc $283,858 Accommodation
Zuleta Thelma Y -- Old Republic Title Co Riv
Zuleta Thelma Y $330,000 Old Republic Title Co Riv
Junghans Guillermina -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lourenco Ryan $301,600
Closed Lourenco Ryan $306,000
Previous Owner Turner Dwayne Eric $146,197
Previous Owner Zuleta Thelma Y $49,500
Previous Owner Zuleta Thelma Y $264,000
Previous Owner Junghans Guillermina $170,000
Previous Owner Junghans Guillermina $37,500
Previous Owner Junghans Guillerman $107,151
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/22/2017 11/22/17 Sold $343,500 +2.5% $317 / Sq Ft
10/16/2017 10/16/17 For Sale $335,000 -- $310 / 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
2024 $4,997 $383,176 $174,019 $209,157
2023 $4,903 $375,663 $170,607 $205,056
2022 $4,769 $368,298 $167,262 $201,036
2021 $4,658 $361,078 $163,983 $197,095
2019 $4,775 $350,370 $159,120 $191,250
2018 $4,490 $343,500 $156,000 $187,500
2017 $2,558 $182,140 $36,427 $145,713
2016 $2,372 $178,569 $35,713 $142,856
2015 $2,243 $175,888 $35,177 $140,711
2014 $2,297 $172,443 $34,488 $137,955
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17235877

California Regional Multiple Listing Service (CRMLS)

APN: 6266-015-076