NOT LISTED FOR SALE

8615 Madison St Paramount, CA 90723

Estimated Value: $886,000 - $994,000

5 Beds
2 Baths
1,893 Sq Ft
$503/Sq Ft Est. Value

Last Sold December 29, 2023

Last sale price $900,000 $475 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $5,944/month

8 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Granite Countertops
  • No HOA
  • Park or Greenbelt View
  • Lawn
  • 4-minute walk to Progress Park

About This Home

As of December 2023

The pride of ownership is bursting at the seams with the beautiful home in Paramount, Ca. First time on the market in 30 years, the owners have taken meticulous care of this home. As you approach this home, you’ll notice the immaculate curb appeal with precise landscaping. You’ll also notice the updated exterior of the home with a front facing 2-car garage with home entrance. As you walk through the home, you're greeted by the spacious living room to the right with a welcoming rock designed fireplace. This space is perfect for holiday gatherings, enjoying a movie night, and more. Through the living room, you’ll enter the dining room and kitchen. The kitchen has amazing upgrades as you can see with the sink and granite counter-tops going above the traditional 6 inch length. To the left of the kitchen is an upgraded bathroom and two bedrooms. As you head upstairs, you have 3 bedrooms and a bathroom perfectly placed next to each other with plenty of storage in the hallway. There are newly replaced systems in the home to include the water-heater and furnace which may reduce the maintenance cost for the next owner. The newly installed backyard patio is perfect for days needed out in the sun or parties. Do not miss a chance to own this home. It is very rare to find a space and updates like this in Paramount.

Last Agent to Sell the Property

Raymond Harvey

Primary Partners License #02110999 Listed on: 10/18/2023

Last Buyer's Agent

Raymond Harvey

Primary Partners License #02110999 Listed on: 10/18/2023

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1966 | Remodeled

Lot Details

  • 7,248 Sq Ft Lot
  • Cul-De-Sac
  • Block Wall Fence
  • Landscaped
  • Lawn
  • Density is up to 1 Unit/Acre
  • Property is zoned PAR1*

Parking

  • 2 Car Attached Garage
  • Driveway
  • On-Street Parking

Home Design

  • Entry on the 1st floor
  • Asphalt Roof

Interior Spaces

  • 1,893 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Park or Greenbelt Views
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Open Patio
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 23553
  • Assessor Parcel Number 6268015021
  • $548 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Home Details

Home Type

Single Family

Year Built

Built in 1966 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: Yes
  • Zoning: PAR1*
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6268015021
  • Year Built: 1966
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1893.00 Square Feet
  • Interior Amenities: Granite Counters
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 475.44
  • Room Type: Living Room, Main Floor Primary Bedroom
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • View: Park/Greenbelt
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Patio Open
  • Pool Private: No
  • Roof: Asphalt
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking Features: Driveway, Garage, Street
  • 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: Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Cul-De-Sac, Landscaped, Lawn
  • Lot Size Sq Ft: 7248.00
  • Lot Size Acres: 0.1664

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7248.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5539.01
  • Tax Lot: 12
  • Tax Tract Number: 23553
  • TaxOtherAnnualAssessmentAmount: 548.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 18, 2023
Closed on
Dec 19, 2023
Sold by
Velazquez Luis Alberto Rizo
Bought by
Rizo Maria Esperanza
Seller's Agent
Raymond Harvey
Primary Partners
Buyer's Agent
Raymond Harvey
Primary Partners
List Price
$889,900
Sold Price
$900,000
Premium/Discount to List
$10,100
1.13%
Views
181
Current Estimated Value
$952,217

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,217
Avg. Annual Appreciation
2.95%
Original Mortgage
$869,962
Interest Rate
7.44%
Mortgage Type
FHA

Purchase Details

Listed on
Oct 18, 2023
Closed on
Nov 1, 2023
Sold by
Cuba Russell and Cuba Dennise
Bought by
Contreras Jose
Seller's Agent
Raymond Harvey
Primary Partners
Buyer's Agent
Raymond Harvey
Primary Partners
List Price
$889,900
Sold Price
$900,000
Premium/Discount to List
$10,100
1.13%
Views
181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$869,962
Interest Rate
7.44%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Rizo Maria Esperanza -- First American Title
Contreras Jose $900,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Contreras Jose $869,962
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/29/2023 12/29/23 Sold $900,000 +1.1% $475 / Sq Ft
12/05/2023 12/05/23 Price Changed $889,900 0.0% $470 / Sq Ft
10/26/2023 10/26/23 Pending -- -- --
10/18/2023 10/18/23 For Sale $889,900 -- $470 / 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 $11,457 $918,000 $616,488 $301,512
2024 $11,457 $900,000 $604,400 $295,600
2023 $4,186 $306,579 $173,288 $133,291
2022 $4,073 $300,569 $169,891 $130,678
2021 $3,973 $294,676 $166,560 $128,116
2019 $4,151 $285,938 $161,621 $124,317
2018 $3,813 $280,332 $158,452 $121,880
2016 $3,417 $269,449 $152,300 $117,149
2015 $3,226 $265,403 $150,013 $115,390
2014 $3,304 $260,205 $147,075 $113,130
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23194592

California Regional Multiple Listing Service (CRMLS)

APN: 6268-015-021