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Off market
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  • $487,500

    16211 Downey Ave Unit 116, Paramount, CA 90723

    2beds
    10sqft
    Condo
    Built in 1981
    -- sqft lot
    $487,500 Zestimate®
    $48,750/sqft
    $3,390 Estimated rent

    Home value

    $487,500

    $458,000 - $517,000

    $3,390/mo

    Zestimate® history
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    $3,454/mo

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    $3,454/mo

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    What's special

    APPROVED SHORT SALE! INCREDIBLE OPPORTUNITY! HARD TO FIND LAKE TERRACE COMMUNITY CONDO. You will love this development with running streams, tennis courts and a community pool and spa this 2nd floor unit is just what you have been looking for! With convenient access to freeways, Downtown LA & Orange County, this is an ideal property! ***ATTENTION*** This property will not qualify for conventional, traditional FHA or VA. IT MUST BE CASH OR RENOVATION LOAN ONLY!!!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Other
    Cooling
    • Central
    Features
    • Has fireplace: No
    Interior area
    • Total interior livable area: 10 sqft

    Property

    Lot
    • Size: 7.57 Acres
    Details
    • Parcel number: 7103016125

    Construction

    Type & style
    • Home type: Condo
    Materials
    • Roof: Other
    Condition
    • Year built: 1981

    Community & HOA

    HOA
    • Has HOA: Yes
    • HOA fee: $375 monthly
    Location
    • Region: Paramount

    Financial & listing details

    • Price per square foot: $48,750/sqft
    • Tax assessed value: $278,185
    • Annual tax amount: $3,913

    Price history

    DateEventPrice
    1/26/2016Sold$235,000$23,500/sqft
    Source: Public Record Report a problem
    12/17/2015Pending sale$235,000$23,500/sqft
    Source: CENTURY 21 Masters #CV15047840 Report a problem
    12/10/2015Listed for sale$235,000$23,500/sqft
    Source: Masters #CV15047840 Report a problem
    8/15/2015Pending sale$235,000$23,500/sqft
    Source: CENTURY 21 Masters #CV15047840 Report a problem
    8/13/2015Price change$235,000-6%$23,500/sqft
    Source: CENTURY 21 Masters #CV15047840 Report a problem
    5/2/2015Pending sale$250,000$25,000/sqft
    Source: CENTURY 21 Masters #CV15047840 Report a problem
    3/7/2015Listed for sale$250,000+127.3%$25,000/sqft
    Source: Century 21 Masters #CV15047840 Report a problem
    2/24/1997Sold$110,000+9.6%$11,000/sqft
    Source: Public Record Report a problem
    2/13/1996Sold$100,366$10,037/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,913 +4.1%$278,185 +2%
    2024$3,759 +1.8%$272,731 +2%
    2023$3,691 +2.8%$267,384 +2%
    2022$3,592 +2.4%$262,142 +2%
    2021$3,509 +2.3%$257,003 +1%
    2020$3,432 $254,369 +2%
    2019$3,432 +2.1%$249,382 +2%
    2018$3,362 $244,493 +2%
    2017$3,362 +3.2%$239,700 +58.4%
    2016$3,258 +57.2%$151,326 +1.5%
    2015$2,072 +3.1%$149,054 +2%
    2014$2,009 $146,136 +2.5%
    2012-- $142,624 +2%
    2011-- $139,828 +0.8%
    2010-- $138,784 -0.2%
    2009-- $139,114 +2%
    2008-- $136,387 +2%
    2007-- $133,714 +2%
    2006-- $131,093
    2005-- $131,093 +4%
    2004-- $126,004 +1.9%
    2003-- $123,696 +2%
    2002-- $121,271 +4%
    2000-- $116,563
    Find assessor info on the county website

    Neighborhood: 90723

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $487,500
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    Estimated market value
    $487,500