NOT LISTED FOR SALE

8330 Somerset Ranch Rd Unit E Paramount, CA 90723

Estimated Value: $542,000 - $569,000

2 Beds
2.5 Baths
1,082 Sq Ft
80,460 Sq Ft Lot

Last Sold November 04, 2022

Last sale price $515,000 $476 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,758/month

8 Days on Market

Highlights

  • Spa
  • Gated Community
  • 1.85 Acre Lot
  • Two Primary Bedrooms
  • Updated Kitchen
  • Open Floorplan

About This Home

As of November 2022

2 BED 3 BATH REMODELED CONDO IN PRIVATE GATED COMMUNITY IN THE CITY OF PARAMOUNT. NEWLY PAINTED INTERIOR, NEWER FLOORING THROUGHOUT, RECESSED LIGHTING, AND CUSTOM CROWN MOLDING. 2 MASTERS WITH VAULTED CEILINGS AND REMODELED BATHROOMS WITH GLASS SHOWER DOORS, WALK IN SHOWERS, GLASS VANITIES, AND UPDATED LIGHT FIXTURES. MASTER BEDROOM HAS IT'S OWN PRIVATE BALCONY, WALK IN CLOSET, BUILT IN STORAGE, AND BATHROOM WITH CUSTOM UPDATES INCLUDING STEAM SAUNA. REMODELED KITCHEN WITH STAINLESS STEEL APPLIANCES, DISHWASHER, BUILT IN WINE COOLER, AND GARDEN WINDOW. OPEN LAYOUT LIVING ROOM WITH FIREPLACE. NEWER FLOORING THROUGHOUT, OPEN LAYOUT WITH DRY BAR, SEPARATE LAUNDRY ROOM, CENTRAL AC, DIRECT GARAGE ACCESS, DOUBLE PANE WINDOWS. 2ND MASTER IS SPACIOUS WITH MIRRORED CLOSET DOORS. COMMUNITY HAS POOL AND SPA ACCESS AND BBQ AREA. COMPLEX FEATURES LUSH GREENERY AND POND. NEAR 105 AND 710 FREEWAYS, CSU DOMINGUEZ HILLS, AND VARIOUS SHOPPING.

Last Agent to Sell the Property

David Ramirez

CENTURY 21 MASTERS License #01868425 Listed on: 09/28/2022

CENTURY 21 MASTERS

Last Buyer's Agent

VERA NELSON

Hythe Realty Inc License #01333471

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1991 | Remodeled

Lot Details

  • Two or More Common Walls

HOA Fees

  • $276 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Split Level Home

Interior Spaces

  • 1,082 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Dry Bar
  • High Ceiling
  • Recessed Lighting
  • Double Pane Windows
  • Living Room with Fireplace
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Gas Oven
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Double Master Bedroom
  • Upgraded Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Home Security

Outdoor Features

  • Spa
  • Patio
  • Exterior Lighting
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 50413
  • Assessor Parcel Number 6266015090

Community Details

Overview

  • 52 Units
  • Downey Lakes Association, Phone Number (800) 369-7260
  • Maintained Community

Amenities

  • Community Barbecue Grill

Recreation

  • Community Pool
  • Community Spa

Security

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

Property Details

Home Type

Condominium

Year Built

Built in 1991 | Remodeled

Lot Details

1.85 Acres

HOA Fees

$276 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Maintained
  • Security: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • View: Yes
  • Zoning: PARM*
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6266015090
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1082.00 Square Feet
  • Interior Amenities: Dry Bar, Granite Counters, High Ceilings, Open Floorplan, Recessed Lighting
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: Multi/Split
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 475.97
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Master Bathroom, Master Bedroom, Two Masters
  • Spa Features: Private, Association
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower, Upgraded, Walk-In Shower
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Front Porch
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Water Heater, Microwave, Range Hood
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Barbecue, Maintenance Grounds
  • Association Fee: 276.00
  • Association Fee Frequency: Monthly
  • Association Name: DOWNEY LAKES
  • Phone: 800-369-7260
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Street Lights
  • Association Management: DOWNEY LAKES

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 80460.00
  • Lot Size Acres: 1.8471

Multi Family

  • Lease Considered: No
  • Lot Size Area: 80460.0000 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2022
Closed on
Oct 10, 2022
Sold by
Aranda Manuel Francisco Lopez and Aranda Julie
Bought by
Ybarra Ricardo G
Seller's Agent
David Ramirez
CENTURY 21 MASTERS
Buyer's Agent
VERA NELSON
Hythe Realty Inc
List Price
$489,000
Sold Price
$515,000
Premium/Discount to List
$26,000
5.32%
Views
73
Current Estimated Value
$554,205

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,205
Avg. Annual Appreciation
2.19%
Original Mortgage
$515,000
Outstanding Balance
$497,745
Interest Rate
6.7%
Mortgage Type
VA
Estimated Equity
$56,460

Purchase Details

Listed on
Jul 28, 2016
Closed on
Sep 16, 2016
Sold by
Dela Mora Tomas
Bought by
Aranda Manuel Francisco Lopez and Lopez Julie
Seller's Agent
David Ramirez
CENTURY 21 MASTERS
Buyer's Agent
David Ramirez
CENTURY 21 MASTERS
List Price
$259,000
Sold Price
$290,000
Premium/Discount to List
$31,000
11.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.82%
Original Mortgage
$260,971
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 31, 2008
Sold by
Gonzalez Miguel Angel
Bought by
Dela Mora Tomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,200
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2006
Sold by
Richards Vance and Richards Veronica
Bought by
Gonzalez Miguel Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 28, 2005
Sold by
Yanez Gonzalez Jacqueline
Bought by
Gonzalez Miguel Angel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$282,000
Interest Rate
7.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 12, 2003
Sold by
Pineda Elizabeth and Vargas Javier A
Bought by
Richards Vance

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,800
Interest Rate
5.71%

Purchase Details

Closed on
Dec 10, 2002
Sold by
Vargas Javier A
Bought by
Pineda Elizabeth

Purchase Details

Closed on
Jun 3, 2002
Sold by
Ibe Sylvester and Byers Kimberly
Bought by
Vargas Javier A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
6.29%

Purchase Details

Closed on
Mar 29, 2001
Sold by
Marr Keri Ann
Bought by
Ibe Sylvester

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,650
Interest Rate
7.06%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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
Ybarra Ricardo G $515,000 First American Title Company O
Aranda Manuel Francisco Lopez $290,000 Fatcola
Dela Mora Tomas $259,000 Southland Title
Gonzalez Miguel Angel $352,500 Southland Title
Gonzalez Miguel Angel -- Southland Title
Richards Vance $178,500 American Title Co
Pineda Elizabeth -- American Title Co
Vargas Javier A $175,000 First American Title Co
Ibe Sylvester $145,000 Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ybarra Ricardo G $515,000
Previous Owner Aranda Manuel Francisco Lopez $260,971
Previous Owner Dela Mora Tomas $207,200
Previous Owner Gonzalez Miguel Angel $282,000
Previous Owner Gonzalez Miguel Angel $70,500
Previous Owner Richards Vance $142,800
Previous Owner Vargas Javier A $140,000
Previous Owner Ibe Sylvester $140,650
Closed Ibe Sylvester $4,350
Closed Richards Vance $35,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/04/2022 11/04/22 Sold $515,000 0.0% $476 / Sq Ft
10/07/2022 10/07/22 Pending -- -- --
10/06/2022 10/06/22 Off Market $515,000 -- --
09/28/2022 09/28/22 For Sale $489,000 +68.6% $452 / Sq Ft
09/20/2016 09/20/16 Sold $290,000 +12.0% $268 / Sq Ft View Prior Sale
07/28/2016 07/28/16 Pending -- -- --
07/28/2016 07/28/16 For Sale $259,000 -10.7% $239 / Sq Ft
07/26/2016 07/26/16 Off Market $290,000 -- --
07/14/2016 07/14/16 Price Changed $259,000 -99.0% $239 / Sq Ft
07/13/2016 07/13/16 For Sale $25,900,000 -- $23,937 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,802 $535,805 $299,635 $236,170
2024 $6,802 $525,300 $293,760 $231,540
2023 $6,675 $515,000 $288,000 $227,000
2022 $4,239 $317,154 $109,910 $207,244
2021 $4,141 $310,936 $107,755 $203,181
2019 $4,245 $301,715 $104,560 $197,155
2018 $3,978 $295,800 $102,510 $193,290
2016 $2,966 $231,000 $83,600 $147,400
2015 $2,837 $231,000 $83,600 $147,400
2014 $2,958 $231,000 $83,600 $147,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV22206401

California Regional Multiple Listing Service (CRMLS)

APN: 6266-015-090

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