NOT LISTED FOR SALE

Estimated Value: $579,000 - $719,000

3 Beds
2 Baths
1,110 Sq Ft
$350/mo HOA Fee

Last Sold August 05, 2023

Last sale price $550,000 $495 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,300/month

14 Days on Market

Highlights

  • Spa
  • Gated Parking
  • 1.43 Acre Lot
  • Artesia High School Rated A-
  • Gated Community
  • Open Floorplan

About This Home

As of August 2023

This lovely home is located in the highly desirable, well maintained Lakewood Terrace. This gated community boasts a sparkling pool, spa, jacuzzi, clubhouse, and resting area. This home has the largest floor plan in the community, with 3 beds and 2 baths. Top floor, end unit with balcony overlooking a city view. Laminate wood floors throughout. Spacious living room with fireplace. Bright and airy. Kitchen has upgraded quartz counter tops and stainless steel appliances. Laundry area in-unit. Master bedroom has walk-in closet. Upgraded bathrooms. Balcony also has storage room. 2 underground reserved parking spaces and plenty of visitor parking. ABC School District. Security cameras. Close to parks and conveniently located near freeways, shopping, and entertainment.

Last Agent to Sell the Property

Joanna Lee

First Team Real Estate License #01332698 Listed on: 06/06/2023

First Team Real Estate

Last Buyer's Agent

Jae Lee

Ivy Realty Co. License #01270965

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,706

Year Built

  • Built in 1985

Lot Details

  • 1.43

HOA Fees

  • $350 Monthly HOA Fees

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,110 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Living Room with Fireplace
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Range Hood
  • Dishwasher
  • Quartz Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Quartz Bathroom Countertops
  • Bathtub with Shower

Home Security

Parking

  • Parking Available
  • Gated Parking
  • Parking Lot

Outdoor Features

  • Spa
  • Balcony
  • Exterior Lighting

Additional Features

  • 1 Common Wall
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 40915
  • Assessor Parcel Number 7058028132
  • $432 per year additional tax assessments

Community Details

Overview

  • 80 Units
  • Centralia Lakewood Condominium Association, Phone Number (888) 448-9356
  • First Service Residential HOA
  • Lakewood Terrace Subdivision

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,706

Year Built

Built in 1985

Lot Details

0

HOA Fees

$350 per month

Listing Details

  • Structure Type: House
  • Assessments: No
  • Other Phone Description: Joanna Lee
  • Other Phone Number: 714-290-4080
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • Subdivision Name Other: Lakewood Terrace (LKT)
  • View: Yes
  • Zoning: LKMHP*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7058028132
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1110.00 Square Feet
  • Interior Amenities: Balcony, Open Floorplan, Quartz Counters, Recessed Lighting
  • Stories: 1
  • Entry Location: 3rd Floor
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: In Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 495.50
  • Room Type: Kitchen, Living Room, Master Bathroom
  • Spa Features: Association
  • Bathroom Features: Bathtub, Shower In Tub, Quartz Counters
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • View: Neighborhood
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Gated, Parking Space

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Range Hood
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Clubhouse
  • Association Fee: 350.00
  • Association Fee Frequency: Monthly
  • Association Name: Centralia Lakewood Condominium Association
  • Phone: 888-4489356
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Street Lights
  • Association Management: First Service Residential

Schools

  • School District: ABC Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 62219.00
  • Lot Size Acres: 1.4284

Multi Family

  • Lease Considered: No
  • Lot Size Area: 62219.0000 Square Feet
  • Number Of Units In Community: 80
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5551.05
  • Tax Lot: 3
  • Tax Tract Number: 40915
  • TaxOtherAnnualAssessmentAmount: 432.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 6, 2023
Closed on
Jul 28, 2023
Sold by
Yim Yong Soo
Bought by
Yim Myung Sun
Seller's Agent
Joanna Lee
First Team Real Estate
Buyer's Agent
Jae Lee
Ivy Realty Co.
List Price
$598,000
Sold Price
$550,000
Premium/Discount to List
-$48,000
-8.03%
Views
143
Current Estimated Value
$636,506

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$86,506
Avg. Annual Appreciation
6.25%
Original Mortgage
$300,000
Outstanding Balance
$293,284
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$331,827

Purchase Details

Listed on
Jun 6, 2023
Closed on
Jul 20, 2023
Sold by
Jung Young M
Bought by
Yim Myung Sun
Seller's Agent
Joanna Lee
First Team Real Estate
Buyer's Agent
Jae Lee
Ivy Realty Co.
List Price
$598,000
Sold Price
$550,000
Premium/Discount to List
-$48,000
-8.03%
Views
143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Outstanding Balance
$293,284
Interest Rate
6.67%
Mortgage Type
New Conventional
Estimated Equity
$331,827

Purchase Details

Listed on
May 1, 2021
Closed on
Jun 14, 2021
Sold by
Pae Timothy Hannam
Bought by
Jung Young M
Seller's Agent
Esther Pae
Team Spirit Realty, Inc.
Buyer's Agent
Joanna Lee
First Team Real Estate
List Price
$435,000
Sold Price
$455,000
Premium/Discount to List
$20,000
4.6%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.36%
Original Mortgage
$170,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 8, 2016
Sold by
Pae June Mo
Bought by
Pae Timothy Hannam

Purchase Details

Closed on
Nov 5, 2015
Sold by
Pae June Mo
Bought by
Pae June Mo and Pae Timothy Hannam

Purchase Details

Closed on
Jun 29, 2004
Sold by
Hwang Soo Hee
Bought by
Pae June Mo

Purchase Details

Closed on
Sep 10, 2001
Sold by
Hwang Ha Taek
Bought by
Hwang Soo Hee

Purchase Details

Closed on
Jan 27, 1995
Sold by
Hwang Eun Sook
Bought by
Hwang Ha Taek
Source: Public Records

Range of Values:

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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
Yim Myung Sun -- Wfg National Title
Yim Myung Sun $550,000 Wfg National Title
Jung Young M $455,000 California Best Title
Pae Timothy Hannam -- California Best Title
Pae Timothy Hannam -- None Available
Pae June Mo -- None Available
Pae June Mo $282,000 Fidelity National Title Co L
Pae June Mo -- Fidelity National Title Co L
Hwang Soo Hee -- --
Hwang Ha Taek -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yim Myung Sun $300,000
Previous Owner Jung Young M $40,000
Previous Owner Jung Young M $50,000
Previous Owner Jung Young M $60,000
Previous Owner Jung Young M $170,000
Previous Owner Jung Young M $170,000
Previous Owner Pae June Mo $40,000
Previous Owner Hwang Ha Taek $5,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/05/2023 08/05/23 Sold $550,000 -8.0% $495 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
06/06/2023 06/06/23 For Sale $598,000 +31.4% $539 / Sq Ft
06/22/2021 06/22/21 Sold $455,000 +4.6% $410 / Sq Ft
05/05/2021 05/05/21 For Sale $435,000 -4.4% $392 / Sq Ft
05/04/2021 05/04/21 Pending -- -- --
05/03/2021 05/03/21 Off Market $455,000 -- --
05/01/2021 05/01/21 For Sale $435,000 -- $392 / 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 $6,706 $561,000 $357,408 $203,592
2024 $6,706 $550,000 $350,400 $199,600
2023 $5,748 $473,381 $303,380 $170,001
2022 $5,660 $464,100 $297,432 $166,668
2021 $4,272 $343,102 $214,439 $128,663
2020 $4,236 $339,585 $212,241 $127,344
2019 $4,174 $332,928 $208,080 $124,848
2018 $3,909 $326,400 $204,000 $122,400
2017 $3,951 $331,000 $229,000 $102,000
2016 $3,941 $331,000 $229,000 $102,000
2015 $3,361 $277,000 $192,000 $85,000
2014 $3,011 $245,000 $170,200 $74,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23099314

California Regional Multiple Listing Service (CRMLS)

APN: 7058-028-132