NOT LISTED FOR SALE

8518 Madison St Paramount, CA 90723

Estimated Value: $787,000 - $908,000

4 Beds
2 Baths
1,522 Sq Ft
$552/Sq Ft Est. Value

Last Sold December 31, 2020

Last sale price $600,000 $394 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,146/month

2 Days on Market

Highlights

  • Corner Lot
  • 2 Car Attached Garage
  • Central Heating and Cooling System
  • No HOA
  • Laundry Room
  • 2-minute walk to Progress Park

About This Home

As of December 2020

Imagine you are having a small, medium, or large get together...this house has the most beautiful backyard for barbecues, birthdays, evenings with friends/family or a baby reveal. This well-loved four bedroom, two bath home, on a corner lot, is the perfect place for you to create memories. Bring your imagination and make it your own by adding your personal touches. This is an all electric home.

Last Agent to Sell the Property

Benjamin Hartnell

HARTNELL REAL ESTATE License #01466076 Listed on: 11/18/2020

Last Buyer's Agent

Maria Fernandez

Sunrise Realty & Home Loan License #01201245

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,317

Year Built

  • Built in 1966

Lot Details

  • 7,139 Sq Ft Lot
  • Corner Lot
  • Property is zoned PAR1*

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,522 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 23553
  • Assessor Parcel Number 6268016098

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,317

Year Built

Built in 1966

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: PAR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6268016098
  • Year Built: 1966
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1522.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 394.22
  • Room Type: Living Room

Exterior Features

  • 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: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Paramount Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 7139.00
  • Lot Size Acres: 0.1639

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7139.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 24
  • Tax Tract Number: 23553

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Dec 3, 2020
Sold by
Belz Jeanne M
Bought by
Tapia Adrian and Gamboa Dalia
Seller's Agent
Benjamin Hartnell
HARTNELL REAL ESTATE
Buyer's Agent
Maria Fernandez
Sunrise Realty & Home Loan
List Price
$575,000
Sold Price
$600,000
Premium/Discount to List
$25,000
4.35%
Current Estimated Value
$839,801

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,801
Avg. Annual Appreciation
7.35%
Original Mortgage
$540,000
Outstanding Balance
$480,761
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$359,040

Purchase Details

Closed on
Apr 20, 2018
Sold by
Belz Mark W and Belz Jeanne M
Bought by
Belz Jeanne M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
4.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 4, 1999
Sold by
Belz Lorraine M
Bought by
Belz Lorraine M and The Lorraine M Belz Living Tru
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
Tapia Adrian $600,000 Lawyers Title
Belz Jeanne M -- Accommodation
Belz Lorraine M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tapia Adrian $540,000
Previous Owner Belz Jeanne M $80,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/31/2020 12/31/20 Sold $600,000 +4.3% $394 / Sq Ft
12/23/2020 12/23/20 For Sale $575,000 0.0% $378 / Sq Ft
11/20/2020 11/20/20 Pending -- -- --
11/18/2020 11/18/20 For Sale $575,000 -- $378 / 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 $8,317 $649,457 $459,924 $189,533
2024 $8,317 $636,723 $450,906 $185,817
2023 $8,163 $624,239 $442,065 $182,174
2022 $7,944 $612,000 $433,398 $178,602
2021 $7,762 $600,000 $424,900 $175,100
2020 $6,756 $530,603 $371,422 $159,181
2019 $7,092 $520,200 $364,140 $156,060
2018 $1,267 $72,775 $21,518 $51,257
2016 $1,142 $69,951 $20,684 $49,267
2015 $1,091 $68,901 $20,374 $48,527
2014 $1,114 $67,552 $19,975 $47,577
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV20241572

California Regional Multiple Listing Service (CRMLS)

APN: 6268-016-098