NOT LISTED FOR SALE

8320 Somerset Ranch Rd Unit B Paramount, CA 90723

Estimated Value: $551,834 - $566,000

2 Beds
3 Baths
1,074 Sq Ft
$275/mo HOA Fee

Last Sold August 13, 2018

Last sale price $360,000 $335 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $3,647/month

53 Days on Market

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 2018

Ready 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 .

Last Agent to Sell the Property

Odai Peri

C-21 Classic Estates License #01141428 Listed on: 05/30/2018

Last Buyer's Agent

Mod O'Connell

Century 21 On Target License #01905653

Century 21 On Target

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,124

Year Built

Built in 1991

Lot Details

0

HOA Fees

$275 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Zoning: PARM*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6266015078
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1074.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 335.20
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Features: Association
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • 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: Greenbelt, Landscaped
  • 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: 7290

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
Current Estimated Value
$557,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,709
Avg. Annual Appreciation
6.54%
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
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
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

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 $5,124 $401,582 $204,360 $197,222
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

    58 Total Sales

    Odai Peri
    Section Image
  • Mod O'Connell

    Buyer's Agent in 2018

    Mod O'Connell

    Century 21 On Target

    (562) 453-7729

    50 Total Sales

    Mod O'Connell
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS18128002

California Regional Multiple Listing Service (CRMLS)

APN: 6266-015-078

California Los Angeles County Paramount 90723

8320 Somerset Ranch Rd Unit B, Paramount, CA

This home is located at 8320 Somerset Ranch Rd Unit B, Paramount, CA 90723 since 30 May 2018 and is currently estimated at $557,709, approximately $519 per square foot. This property was built in 1991. 8320 Somerset Ranch Rd Unit B is a home located in Los Angeles County with nearby schools including Theodore Roosevelt, Paramount Park Middle School, and Paramount High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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