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7925 Pearle Street

7925 Pearle Street, Paramount, CA 90723
Property in Paramount
Sold Nov 05, 2021
$500,000
$374,300 by Investor Mortgage Finance Llc
Mortgage Due Dec 01, 2053
7925 Pearle Street in Paramount, CA was first built in 1955 and is 69 years old. Although, the building on the property was most recently renovated and altered in 1956. This has been categorized as a residential property type. It is a single story home. This is a single bedroom home. In terms of bathrooms, there is only one bathroom. There is a 1 partial bathroom. 7925 Pearle Street has 594 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 7,598 square feet.

Learn more about the property and building on this page. The roof of the home is made of composition shingle. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. The exterior walls of the home are made of stucco. As for heating, the home is utilizing floor/wall heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 7925 Pearle Street was last sold in May 12, 2021 for $500,000. According to our calculations, that's $841.75 per sqft. Current property owners are expected to pay $6,566 in taxes per year. The property on 7925 Pearle Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $510,000. To break that down further, the land itself was valued at $408,000. While improvements to the property were assessed at a total of $102,000. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. 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.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1955
  • Effective Year Built: 1956
  • Building Count: 1
  • Total Rooms: 4
  • Bedroom Count: 1
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Building Quality: C
  • Construction Type: Wood
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,598
  • Total Building Area: 594
  • Building Area: 594
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 594
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 5792
  • Land Acres: 0.174
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 5792 W 50 FT OF LOTS 29 AND LOT/SEC 30

Ownership

  • Current Owner : SANTOS JOSE RAFAEL NAVARRO
  • Previous Owner : STROMME CHRISTY A
  • Previous Owner 2: THOMAS L BAKER LIVING TRUST
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Paramount Unified School District
  • Census Tract: 553602

Zoning

  • Zoning: PACM*

Geography

  • Assessors Map Reference: 65-F1
  • Subdivision Tract Number: 5792
  • Parcel: 6242-032-002
  • Lot: 29
  • Municipality: SOUTH /HOLLYDALE
  • Latitude: 33.9095
  • Longitude: -118.161

    Address

  • Full Address: 7925 Pearle St
  • Address - House Number: 7925
  • Address - Street Name: Pearle
  • Address - Suffix Type: St
  • State: CA
  • City Name: Paramount
  • Carrier Code: C031
  • 4-Digit Zip Code: 2227
  • Zip Code: 90723

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,566
  • Tax Rate Code Area: 07-294

    Appraisal Valuation

  • Standard Deviation: 0.2409
  • Valuation Date: Dec 06, 2023
  • Confidence Score: 66
  • Final Value: 515,269
  • High Value: 639,400
  • Low Value: 391,138

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $374,300
  • First Open Lien Mortgage Lender: INVESTOR MORTGAGE FINANCE LLC
  • First Open Lien Mortgage Recording Date: Nov 30, 2023
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $374,300
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $510,000
  • Assessed Land Value: $408,000
  • Assessed Improvements Value: $102,000

    Sales

  • Current Sale Contract Date: May 12, 2021
  • Current Sale Recording Date: Nov 05, 2021
  • Current Sale Transaction ID: 11869413859
  • Current Sale Price: $500,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1659346

    Last Sale Mortgage

  • First Mortgage Lender: ICM CAPITAL MARKETS INC
  • First Mortgage Transaction Date: Nov 05, 2021
  • First Mortgage Loan Amount: $350,000
  • First Mortgage Terms: 24
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Dec 01, 2023

About Paramount



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Nearby Rentals

Unit for rent at 6805 72nd Street, Paramount, CA, 90723

$4,500 /mo

  • 5 Beds
  • 3 Baths
  • 2,100 ft²
6805 72nd Street, Paramount, CA, 90723 Listing by Judy Jee

Frequently Asked Questions

What neighborhood is 7925 Pearle Street located in?
The 7925 Pearle Street is a located in the neighborhood of Paramount in Paramount, Paramount.
What is the average sales price for listings in 7925 Pearle Street?
The average sales price for units in 7925 Pearle Street is $0 currently.

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