6656 Rosecrans Avenue

6656 Rosecrans Avenue has been categorized by the local assessors in Paramount, CA as a residential type of property. The building on the property was first built in 1954 and is 70 years old. In addition, 6656 Rosecrans Avenue has 14,725 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 15,946 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a mobile home style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Love to swim? You'll be excited to find out that there is a pool on the property. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 6656 Rosecrans Avenue sold most recently in Mar 29, 2017 for a total of $647,500. If you work out the math, that's approximately a cost of $43.97 per sqft. Before that, the property was also sold for $1,048,500 in Mar 29, 2017. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $7,495 in taxes each year. 6656 Rosecrans Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $346,312. If we break it down further, the land itself was valued at $256,004. Improvements to the property, however, were assessed at a total of $90,308. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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.