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8439 Somerset Boulevard

8439 Somerset Boulevard, Paramount, CA 90723
Property in Paramount
Sold Jun 13, 2022
$750,000
Sold May 12, 2015
$345,000
$310,000 by Movement Mortgage
Mortgage Due Jun 01, 2045
Local assessors in Paramount, CA have categorized 8439 Somerset Boulevard as a residential type of property. The home was built in 1939 and is 85 years old. It was most recently renovated and altered in 1955. The property's lot size has been calculated to be 9,197 square feet. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 8439 Somerset Boulevard has a total of 1,058 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The home's floor/wall heating system is the primary heating source. The property was last sold in May 25, 2022 for $750,000. That's $708.88 per sqft. Prior to that sales transaction, the property was also sold in Mar 25, 2015 for $345,000. 8439 Somerset Boulevard was last assessed in 2023. The total value of the property was assessed at $765,000. Specifically, the land the property is located on was valued at $612,000. While improvements on the property were assessed at a total of $153,000. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $5,349. The initial tax year of delinquency was in 2022. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1955
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,197
  • Total Building Area: 1,058
  • Building Area: 1,058
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,058
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 11799
  • Land Acres: 0.211
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 11799 S 153.26 FT OF LOT/SEC 58

Ownership

  • Current Owner : MAGNUM PROPERTY LLC
  • Previous Owner : TOCONG JUDELL B
  • Owner Before Previous Owner: TDC PACIFIC PROPERTIES INC
  • Ownership Rights Codes: unknown
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Paramount Unified School District
  • Census Tract: 553502

Zoning

  • Zoning: PACM*

Geography

  • Assessors Map Reference: 65-F3
  • Subdivision Tract Number: 11799
  • Parcel: 6241-007-034
  • Lot: 58
  • Municipality: SOUTH /PARAMONT
  • Latitude: 33.8968
  • Longitude: -118.152

    Address

  • Full Address: 8439 Somerset Blvd
  • Address - House Number: 8439
  • Address - Street Name: Somerset
  • Address - Suffix Type: Blvd
  • State: CA
  • City Name: Paramount
  • Carrier Code: C022
  • 4-Digit Zip Code: 3550
  • Zip Code: 90723

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $5,349
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 07-273

    Appraisal Valuation

  • Standard Deviation: 0.2328
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 67
  • Final Value: 781,040
  • High Value: 962,907
  • Low Value: 599,173

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $765,000
  • Assessed Land Value: $612,000
  • Assessed Improvements Value: $153,000

    Sales

  • Current Sale Contract Date: May 25, 2022
  • Current Sale Recording Date: Jun 13, 2022
  • Current Sale Transaction ID: 11890282377
  • Current Sale Price: $750,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 623751
  • Previous Sale Recording Date: May 12, 2015
  • Previous Sale Contract Date: Mar 25, 2015
  • Previous Sale Amount: $345,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: MOVEMENT MORTGAGE
  • Previous Mortgage Transaction Date: May 12, 2015
  • Previous Mortgage Loan Amount: $310,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2045

About Paramount



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Frequently Asked Questions

What neighborhood is 8439 Somerset Boulevard located in?
The 8439 Somerset Boulevard is a located in the neighborhood of Paramount in Paramount, Paramount.
What is the average sales price for listings in 8439 Somerset Boulevard?
The average sales price for units in 8439 Somerset Boulevard is $0 currently.

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