NOT LISTED FOR SALE

Estimated Value: $425,000 - $483,000

1 Bed
1 Bath
731 Sq Ft
$385/mo HOA Fee

Last Sold January 29, 2024

Last sale price $439,500 $601 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,157/month

7 Days on Market

Highlights

  • In Ground Pool
  • Gated Community
  • 1.43 Acre Lot
  • Artesia High School Rated A-
  • Updated Kitchen
  • Clubhouse

About This Home

As of January 2024

LOWEST PRICED PROPERTY IN LAKEWOOD! Don’t miss the opportunity to own this 1 bedroom, 1 bathroom condo that checks all the boxes. Spacious living room, formal dining area, upgraded kitchen with light cabinetry, granite counters and stainless-steel appliances, remodeled bathroom and a large bedroom with access to a private balcony. INSIDE LAUNDRY & TWO ASSIGNED PARKING SPACES!! Light laminate flooring throughout the living spaces and bedroom, tile flooring in the kitchen and bathroom.
Additional features include central heating/AC, custom shutters, crown moulding, and a storage closet off the balcony. HOA amenities include a pool, spa, clubhouse, and areas for entertaining and dog walking. The Lakewood Terrace community is located within close proximity to freeways, restaurants, and shopping.

Last Agent to Sell the Property

Bill Caiazzo

HomeSmart, Evergreen Realty License #01215033 Listed on: 12/13/2023

HomeSmart, Evergreen Realty

Last Buyer's Agent

Ashley Kennedy

Circle Real Estate License #02025071

Circle Real Estate

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,386

Year Built

  • Built in 1985 | Remodeled

Lot Details

  • Two or More Common Walls

HOA Fees

  • $385 Monthly HOA Fees

Parking

  • 1 Open Parking Space
  • 1 Car Garage
  • Parking Available
  • Automatic Gate
  • Parking Lot

Home Design

  • Entry on the 2nd floor
  • Turnkey
  • Common Roof
  • Stucco

Interior Spaces

  • 731 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Plantation Shutters
  • Window Screens
  • Sliding Doors
  • Living Room
  • Dining Room
  • Storage
  • Pest Guard System

Kitchen

  • Eat-In Galley Kitchen
  • Updated Kitchen
  • Breakfast Bar
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Quartz Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Quartz Bathroom Countertops
  • Makeup or Vanity Space
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Accessible Home Design

  • Accessible Elevator Installed
  • No Interior Steps

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Water Heater
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 40915
  • Assessor Parcel Number 7058028104
  • $407 per year additional tax assessments

Community Details

Overview

  • Master Insurance
  • 108 Units
  • Centralia Lakewood Condo Assoc. Association, Phone Number (800) 428-5588
  • 1St Service Residential HOA
  • Lakewood Terrace Subdivision
  • Maintained Community

Amenities

  • Picnic Area
  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Pets Allowed
  • Pet Restriction

Security

  • Resident Manager or Management On Site
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,386

Year Built

Built in 1985 | Remodeled

Lot Details

0

HOA Fees

$385 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire Sprinkler System, Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Lakewood Terrace (LKT)
  • View: No
  • Zoning: LKMHP*
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7058028104
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 731.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Crown Molding, Granite Counters, Quartz Counters, Recessed Lighting, Storage
  • Stories: 1
  • Entry Location: 2nd floor
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Accessibility Features: Accessible Elevator Installed, No Interior Steps
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Door Features: Sliding Doors
  • Eating Area: Area, Breakfast Counter / Bar, Dining Room
  • Entry Level: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 601.23
  • Room Type: Galley Kitchen, Kitchen, Living Room, Main Floor Bedroom
  • Spa Features: Association, Community, Heated, In Ground
  • Window Features: Plantation Shutters, Screens
  • Bathroom Features: Bathtub, Shower In Tub, Exhaust Fan(s), Main Floor Full Bath, Quartz Counters, Remodeled, Upgraded, Vanity Area
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Fence: No
  • Patio And Porch Features: Covered
  • Pool Features: Association, Community, In Ground
  • Pool Private: No
  • Roof: Common Roof
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Covered, Parking Space, Subterranean
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Range, Microwave, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Closet, Inside, Washer Hookup
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Picnic Area, Pest Control, Clubhouse, Insurance, Maintenance Grounds, Trash, Sewer, Pet Rules, Pets Permitted, Management
  • Association Fee: 385.00
  • Association Fee Frequency: Monthly
  • Association Name: Centralia-Lakewood Condo Assoc.
  • Phone: 800-428-5588
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Gutters, Street Lights
  • Association Management: 1st Service Residential

Schools

  • School District: ABC Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 62233.00
  • Lot Size Acres: 1.4287

Multi Family

  • Lease Considered: No
  • Lot Size Area: 62233.0000 Square Feet
  • Number Of Units In Community: 108
  • Number Of Units Total: 108

Tax Info

  • Tax Census Tract: 5551.05
  • Tax Lot: 3
  • Tax Tract Number: 40915
  • TaxOtherAnnualAssessmentAmount: 407.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2023
Closed on
Jan 3, 2024
Sold by
Orourke Michael A
Bought by
Patrick-Orourke Mary Elizabeth
Seller's Agent
Bill Caiazzo
HomeSmart, Evergreen Realty
Buyer's Agent
Ashley Kennedy
Circle Real Estate
List Price
$429,900
Sold Price
$439,500
Premium/Discount to List
$9,600
2.23%
Views
75
Current Estimated Value
$455,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$16,205
Avg. Annual Appreciation
2.06%
Original Mortgage
$431,539
Outstanding Balance
$424,386
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$30,064

Purchase Details

Listed on
Dec 13, 2023
Closed on
Dec 22, 2023
Sold by
Montalvo Anthony and Choeum Ly Chheng
Bought by
Patrick Antoinette Taryn and Patrick-Orourke Mary Elizabeth
Seller's Agent
Bill Caiazzo
HomeSmart, Evergreen Realty
Buyer's Agent
Ashley Kennedy
Circle Real Estate
List Price
$429,900
Sold Price
$439,500
Premium/Discount to List
$9,600
2.23%
Views
75

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,539
Outstanding Balance
$424,386
Interest Rate
6.95%
Mortgage Type
FHA
Estimated Equity
$30,064

Purchase Details

Listed on
Nov 11, 2020
Closed on
Dec 21, 2020
Sold by
Hall Guy
Bought by
Montalvo Anthony and Choeum Ly Chheng
Seller's Agent
Judah Esparza
Cal Capital Real Estate
Buyer's Agent
Susan Pacini
Vista Sotheby’s International Realty
List Price
$359,900
Sold Price
$335,000
Premium/Discount to List
-$24,900
-6.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.41%
Original Mortgage
$318,250
Interest Rate
2.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 17, 2020
Closed on
Mar 17, 2020
Sold by
Gonzalez Alicia
Bought by
Hall Guy
Seller's Agent
Jorge Sanchez
Nest Real Estate
Buyer's Agent
Judah Esparza
Cal Capital Real Estate
List Price
$318,555
Sold Price
$320,000
Premium/Discount to List
$1,445
0.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.30%
Original Mortgage
$320,000
Interest Rate
3.3%
Mortgage Type
VA

Purchase Details

Listed on
Nov 10, 2018
Closed on
Mar 1, 2019
Sold by
Martin Manuel Ramirez
Bought by
Gonzalez Alicla
Seller's Agent
Russ Caldarella
First Team Real Estate
Buyer's Agent
Chris Orellana
Lifetime Realty Inc
List Price
$319,000
Sold Price
$285,000
Premium/Discount to List
-$34,000
-10.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.79%

Purchase Details

Listed on
Nov 10, 2018
Closed on
Feb 19, 2019
Sold by
Butler Winifred F and Winifred F Butler Revocable Li
Bought by
Gonzalez Alicia
Seller's Agent
Russ Caldarella
First Team Real Estate
Buyer's Agent
Chris Orellana
Lifetime Realty Inc
List Price
$319,000
Sold Price
$285,000
Premium/Discount to List
-$34,000
-10.66%

Purchase Details

Closed on
Jan 24, 2003
Sold by
Butler Winifred F
Bought by
Butler Winifred F and Winifred F Butler Revocable Living Trust

Purchase Details

Closed on
Mar 24, 2000
Sold by
Smith Gladys T Tr Gladys T Smith Trust
Bought by
Butler Winifred F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
8.24%

Purchase Details

Closed on
Sep 16, 1997
Sold by
Smith Gladys T
Bought by
Smith Gladys T and The Gladys T Smith Living Trust
Source: Public Records

Range of Values:

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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
Patrick-Orourke Mary Elizabeth -- Corinthian Title Company
Patrick Antoinette Taryn $439,500 Corinthian Title Company
Montalvo Anthony $335,000 Lawyers Title Company
Hall Guy $320,000 Ticor Title
Gonzalez Alicla -- Western Resource Title
Gonzalez Alicia $285,000 Western Resources Title
Butler Winifred F -- --
Butler Winifred F $75,000 Fidelity Title
Smith Gladys T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patrick Antoinette Taryn $431,539
Previous Owner Montalvo Anthony $318,250
Previous Owner Hall Guy $320,000
Previous Owner Butler Winifred F $72,000
Previous Owner Butler Winifred F $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/29/2024 01/29/24 Sold $439,500 +2.2% $601 / Sq Ft
12/13/2023 12/13/23 For Sale $429,900 +28.3% $588 / Sq Ft
01/22/2021 01/22/21 Sold $335,000 -4.3% $458 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
11/30/2020 11/30/20 Price Changed $349,900 -1.4% $479 / Sq Ft
11/22/2020 11/22/20 Price Changed $354,900 -1.4% $485 / Sq Ft
11/11/2020 11/11/20 For Sale $359,900 +12.5% $492 / Sq Ft
04/24/2020 04/24/20 Sold $320,000 +0.5% $438 / Sq Ft
03/09/2020 03/09/20 Pending -- -- --
02/17/2020 02/17/20 For Sale $318,555 +11.8% $436 / Sq Ft
03/08/2019 03/08/19 Sold $285,000 -7.8% $390 / Sq Ft
12/05/2018 12/05/18 Price Changed $309,000 -3.1% $423 / Sq Ft
11/10/2018 11/10/18 For Sale $319,000 -- $436 / 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 $4,386 $448,290 $309,366 $138,924
2024 $4,386 $355,503 $223,384 $132,119
2023 $4,244 $348,533 $219,004 $129,529
2022 $4,177 $341,700 $214,710 $126,990
2021 $4,027 $323,314 $204,597 $118,717
2020 $3,664 $290,700 $169,626 $121,074
2019 $1,959 $103,320 $20,660 $82,660
2018 $1,385 $101,295 $20,255 $81,040
2016 $1,322 $97,363 $19,469 $77,894
2015 $1,305 $95,901 $19,177 $76,724
2014 $1,288 $94,024 $18,802 $75,222
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23225459

California Regional Multiple Listing Service (CRMLS)

APN: 7058-028-104