Seller's Agent in 2018
Marvin Phillip
Y Realty
(562) 207-8200
37 Total Sales
8427 Somerset Blvd Paramount, CA 90723
Estimated Value: $698,384
2
Beds
3
Baths
1,320
Sq Ft
$529/Sq Ft
Est. Value
Highlights
- RV Access or Parking
- Oversized Parking
- Rectangular Lot
- Gated Parking
About This Home
As of May 2018Great opportunity to own a newly remodeled 2 bedroom / 2 bath home and have income to help cover the monthly mortgage from the Hair Salon onsite. This 2 bed / 2 bath has never been lived in, act now and be the first. Great opportunity for a rental or owner occupied. Gigantic lot size just over 9,000 square feet and close to Freeways, Parks and Schools.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $7,674
Year Built
- Built in 1939
Lot Details
- 9,379 Sq Ft Lot
- No Common Walls
- Rectangular Lot
- Level Lot
Home Design
- 1,320 Sq Ft Home
Bedrooms and Bathrooms
- 2 Bedrooms
- 3 Bathrooms
Parking
- Oversized Parking
- Parking Available
- Driveway
- Gated Parking
- Uncovered Parking
- On-Site Parking
- RV Access or Parking
Additional Features
- Exterior Lighting
- Septic Type Unknown
Listing and Financial Details
- Tax Lot 56
- Tax Tract Number 11799
- Assessor Parcel Number 6241007032
Community Details
Overview
- 2 Units
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Gross Income $750
- Net Operating Income $9,000
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 29, 2017
Sold by
Flores Abelino
Bought by
Morrison Charles and Jones Morrison Robbie
Current Estimated Value
Purchase Details
Closed on
Jun 1, 2002
Sold by
Little Buddy
Bought by
Flores Abelino and Flores Carmen
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.69%
Mortgage Type
Commercial
Purchase Details
Closed on
May 12, 1999
Sold by
Mccall Homer
Bought by
Little Buddy and Little Alpha
Purchase Details
Closed on
Aug 12, 1994
Sold by
Williams Ardella M
Bought by
Williams Ardella M and Jean Williams P
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Morrison Charles | $450,000 | First American Title | |
| Flores Abelino | $180,000 | Lawyers Title Company | |
| Little Buddy | -- | -- | |
| Williams Ardella M | -- | -- | |
| Mccall Homer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Flores Abelino | $100,000 | |
| Closed | Flores Abelino | $27,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/04/2018 05/04/18 | Sold | $450,000 | -7.2% | $341 / Sq Ft |
| 04/16/2018 04/16/18 | Price Changed | $485,000 | +7.8% | $367 / Sq Ft |
| 08/24/2017 08/24/17 | Pending | -- | -- | -- |
| 07/27/2016 07/27/16 | For Sale | $450,000 | -- | $341 / 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 |
|---|---|---|---|---|
| 2025 | $7,674 | $582,286 | $455,130 | $127,156 |
| 2024 | $7,674 | $570,869 | $446,206 | $124,663 |
| 2023 | $7,535 | $559,676 | $437,457 | $122,219 |
| 2022 | $7,338 | $548,703 | $428,880 | $119,823 |
| 2021 | $7,175 | $537,945 | $420,471 | $117,474 |
| 2019 | $751 | $459,000 | $408,000 | $51,000 |
| 2018 | $3,286 | $229,105 | $178,197 | $50,908 |
| 2016 | $2,962 | $220,210 | $171,278 | $48,932 |
| 2015 | $2,802 | $216,903 | $168,706 | $48,197 |
| 2014 | $2,872 | $212,655 | $165,402 | $47,253 |
Source: Public Records
Agents Affiliated with this Home
-
Marvin Phillip
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW16164360
APN: 6241-007-032
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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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