8320 Somerset Ranch Rd Unit B Paramount, CA 90723
Estimated Value: $552,858 - $594,000
2
Beds
3
Baths
1,074
Sq Ft
$275/mo
HOA Fee
Highlights
- 80,460 Sq Ft lot
- 2 Car Attached Garage
- Landscaped
- Community Pool
- Laundry Room
- Central Heating and Cooling System
About This Home
As of August 2018Ready to move in 2 bed 2.5 bath in gated condo located in the beautiful gated community of Downey Lakes *****Freshly painted ****Fireplace in living room ***New vanity and new tile flooring all bathroom***Attached garage *****Central Heat and Air ******Inside laundry ***Both Bedroom have their own private bathroom****Association pool .
Property Details
Home Type
- Condominium
Est. Annual Taxes
- $5,124
Year Built
- Built in 1991
Lot Details
- 1 Common Wall
- Landscaped
HOA Fees
- $275 Monthly HOA Fees
Parking
- 2 Car Attached Garage
Interior Spaces
- 1,074 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 7290
- Assessor Parcel Number 6266015078
Community Details
Overview
- 100 Units
- Downey Lakes Association, Phone Number (562) 620-7851
- Greenbelt
Recreation
- Community Pool
- Community Spa
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
May 30, 2018
Closed on
Jul 20, 2018
Sold by
Somayajula Sriram Kumar
Bought by
Rattanacun Tanig and Chevawattana Nuchjarin
Seller's Agent
Odai Peri
C-21 Classic Estates
Buyer's Agent
Mod O'Connell
Century 21 On Target
List Price
$360,000
Sold Price
$360,000
Total Days on Market
53
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$211,465
Avg. Annual Appreciation
7.09%
Original Mortgage
$288,000
Interest Rate
4.5%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 20, 2014
Sold by
Somayajula Spiram Kumar
Bought by
Somayajula Sriram Kumar and Somajajula Sudha Madhuri
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,250
Interest Rate
4.09%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 22, 2004
Sold by
Jun Eric
Bought by
Somayajula Sriram Kumar and Padaki Sudha Madhuri
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$228,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 20, 2001
Sold by
White Steven Joseph
Bought by
Jun Eric and Jun Emily
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,500
Interest Rate
6.89%
Purchase Details
Closed on
Dec 15, 1998
Sold by
Renteria Angela
Bought by
White Steven Joseph
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,906
Interest Rate
6.63%
Mortgage Type
FHA
Create a Home Valuation Report for This Property
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Similar Homes in Paramount, CA
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Rattanacun Tanig | $360,000 | Wfg National Title Insurance | |
| Somayajula Sriram Kumar | -- | Accommodation | |
| Somayajula Sriram Kumar | $285,000 | Fidelity National Title Co | |
| Jun Eric | $130,000 | Southland Title Corporation | |
| White Steven Joseph | -- | United Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Rattanacun Tanig | $290,000 | |
| Closed | Rattanacun Tanig | $288,000 | |
| Previous Owner | Somayajula Sriram Kumar | $176,250 | |
| Previous Owner | Somayajula Sriram Kumar | $55,000 | |
| Previous Owner | Somayajula Sriram Kumar | $228,000 | |
| Previous Owner | Jun Eric | $143,500 | |
| Previous Owner | Jun Eric | $25,000 | |
| Previous Owner | Jun Eric | $144,000 | |
| Previous Owner | Jun Eric | $25,000 | |
| Previous Owner | Jun Eric | $123,500 | |
| Previous Owner | White Steven Joseph | $115,906 | |
| Closed | Somayajula Sriram Kumar | $57,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 08/13/2018 08/13/18 | Sold | $360,000 | 0.0% | $335 / Sq Ft |
| 05/30/2018 05/30/18 | For Sale | $360,000 | -- | $335 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $5,124 | $393,708 | $200,353 | $193,355 |
| 2023 | $5,028 | $385,989 | $196,425 | $189,564 |
| 2022 | $4,890 | $378,422 | $192,574 | $185,848 |
| 2021 | $4,776 | $371,003 | $188,799 | $182,204 |
| 2019 | $4,897 | $360,000 | $183,200 | $176,800 |
| 2018 | $4,466 | $336,000 | $166,000 | $170,000 |
| 2016 | $2,977 | $232,000 | $114,000 | $118,000 |
| 2015 | $2,847 | $232,000 | $114,000 | $118,000 |
| 2014 | $2,969 | $232,000 | $114,000 | $118,000 |
Source: Public Records
Agents Affiliated with this Home
-
Odai Peri
Seller's Agent in 2018
Odai Peri
C-21 Classic Estates
(562) 716-8801
57 Total Sales
-
Mod O'Connell
Buyer's Agent in 2018
Mod O'Connell
Century 21 On Target
(562) 453-7729
44 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: RS18128002
APN: 6266-015-078
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