NOT LISTED FOR SALE

8338 Somerset Ranch Rd Unit E Paramount, CA 90723

Estimated Value: $530,795 - $554,000

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

Last Sold December 31, 2020

Last sale price $375,000 $347 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $3,570/month

3 Days on Market

Highlights

  • Spa
  • Neighborhood Views
  • Laundry Room
  • 1.85 Acre Lot
  • 2 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of December 2020

Welcome to Somerset Ranch a Fabulous Turnkey Townhome! This home features 2 bedroom and 2.5 baths. Attached two car garage with inside laundry! upgraded fireplace, open living floor plan for entertaining. An End unit in a secure complex with a community spa and BBQ!Great location close to freeways, Downey Landing, Downey Promenade, Portos, Paramount Drive-in and Hollydale Regonial Park and much more!FHA approved condo!

Last Agent to Sell the Property

Lynsey Russell

Keller Williams Pacific Estate License #01437890 Listed on: 12/07/2020

Keller Williams Pacific Estate

Last Buyer's Agent

Josue Ramon

Excellence Premier Real Estate License #01768120

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1991

Lot Details

  • 1.85

HOA Fees

  • $275 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,082 Sq Ft Home
  • Family Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

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

Additional Features

  • Spa
  • 1 Common Wall
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 50413
  • Assessor Parcel Number 6266015097

Community Details

Overview

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

Recreation

  • Community Spa

Property Details

Home Type

Condominium

Year Built

Built in 1991

Lot Details

0

HOA Fees

$275 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: PARM*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 6266015097
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1082.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Fireplace Features: Family Room
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 346.58
  • Room Type: All Bedrooms Up
  • Spa Features: Association

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: Yes

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Spa/Hot Tub
  • Association Fee: 275.00
  • Association Fee Frequency: Monthly
  • Association Name: downey lakes
  • Phone: (562)920-7851
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Suburban
  • Association Management: hoa

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: 56
  • Number Of Units Total: 56

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
Jul 14, 2025
Sold by
Orozco Lorena Nunez
Bought by
Lorena Nunez Orozco Revocable Living Trust and Orozco
Current Estimated Value
$542,949

Purchase Details

Closed on
Jan 20, 2003
Sold by
Thomas Kevin C
Bought by
Thomas Kevin

Purchase Details

Closed on
Oct 11, 1997
Sold by
Thomas Charles W
Bought by
Thomas Kevin C
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
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
Lorena Nunez Orozco Revocable Living Trust -- None Listed On Document
Thomas Kevin -- --
Thomas Kevin C -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/31/2020 12/31/20 Sold $375,000 0.0% $347 / Sq Ft
12/26/2020 12/26/20 Off Market $375,000 -- --
12/26/2020 12/26/20 For Sale $375,000 0.0% $347 / Sq Ft
12/13/2020 12/13/20 Off Market $375,000 -- --
12/13/2020 12/13/20 For Sale $375,000 0.0% $347 / Sq Ft
12/09/2020 12/09/20 Off Market $375,000 -- --
12/07/2020 12/07/20 For Sale $375,000 -- $347 / 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 $5,403 $409,888 $176,074 $233,814
2024 $5,223 $401,852 $172,622 $229,230
2023 $5,125 $393,974 $169,238 $224,736
2022 $4,985 $386,250 $165,920 $220,330
2021 $4,908 $375,000 $192,000 $183,000
2020 $2,909 $218,259 $97,163 $121,096
2019 $3,041 $213,980 $95,258 $118,722
2018 $2,846 $209,786 $93,391 $116,395
2016 $2,554 $201,641 $89,765 $111,876
2015 $2,412 $198,613 $88,417 $110,196
2014 $2,470 $194,724 $86,686 $108,038
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20209878

California Regional Multiple Listing Service (CRMLS)

APN: 6266-015-097