NOT LISTED FOR SALE

12223 Silva Place Cerritos, CA 90703

Estimated Value: $1,339,000 - $1,584,000

4 Beds
3 Baths
2,727 Sq Ft
$537/Sq Ft Est. Value

Last Sold July 16, 2024

Last sale price $1,500,000 $550 Per Sq Ft

Est. 2% decrease in value since last sale

Current estimated payment $7,828/month

8 Days on Market

Highlights

  • Updated Kitchen
  • Quartz Countertops
  • Neighborhood Views
  • Tetzlaff (Martin B.) Middle School Rated A
  • No HOA
  • Walk-In Pantry

About This Home

As of July 2024

Introducing your ideal home in Cerritos, CA! This 2-story, fully renovated residence offers modern comfort and style. Upon entry, you're welcomed by an expansive floor plan flooded with natural light and adorned with new flooring throughout. The focal point of the home is the brand new kitchen, boasting all-new cabinets, quartz countertops, and top-of-the-line appliances. Entertaining is effortless with the kitchen conveniently situated between the formal and informal dining rooms and the spacious backyard. Guests can relax in the family room, which opens up to the backyard, or unwind in the living room beside the fireplace. Ascend the beautiful curved staircase to discover 4 impeccably remodeled bedrooms and bathrooms, featuring designer finishes throughout. Conveniently located near top-rated schools, shopping centers, and parks, this home offers the perfect balance of suburban tranquility and urban convenience. Whether commuting to work or exploring the neighborhood, everything you need is just minutes away. Don't miss the opportunity to make this stunning residence yours today!

Last Agent to Sell the Property

Ever Eternity

Pacific Sotheby's Int'l Realty Brokerage Email: teamranddouglas@gmail.com License #01794748 Listed on: 06/07/2024

Pacific Sotheby's Int'l Realty

Last Buyer's Agent

Shelley Hanks

Access Coastal Realty License #01426415

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $1,822

Year Built

  • Built in 1968

Lot Details

  • 5,227 Sq Ft Lot
  • Rectangular Lot
  • Back Yard
  • Property is zoned Cers5000

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Driveway

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,727 Sq Ft Home
  • 2-Story Property
  • Entrance Foyer
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Walk-In Pantry
  • Gas Oven
  • Gas Range
  • Microwave
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Exterior Lighting
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Tract Number 2
  • Assessor Parcel Number 7056016011

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$1,822

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: Cers5000
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7056016011
  • Year Built: 1968
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2727.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 550.06
  • Room Type: All Bedrooms Up, Family Room, Foyer, Kitchen, Living Room, Primary Bathroom, Primary Bedroom, Walk-In Closet, Walk-In Pantry
  • Bathroom Features: Double Sinks In Primary Bath, Closet In Bathroom
  • Room Kitchen Features: Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen, Walk-In Pantry

Exterior Features

  • View: Neighborhood
  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage, Garage Faces Front, Garage - Two Door
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Microwave
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Rectangular Lot
  • Lot Size Sq Ft: 5227.20
  • Lot Size Acres: 0.1200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 0.1200 Acres
  • Number Of Units In Community: 1

Tax Info

  • Tax Tract Number: 2-483

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 7, 2024
Closed on
Jun 29, 2024
Sold by
Tlp 1 Llc
Bought by
Wong Jared and Wong Ashley
Seller's Agent
Ever Eternity
Pacific Sotheby's Int'l Realty
Buyer's Agent
Shelley Hanks
Access Coastal Realty
List Price
$1,495,000
Sold Price
$1,500,000
Premium/Discount to List
$5,000
0.33%
Views
54
Current Estimated Value
$1,463,765

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$36,235
Avg. Annual Appreciation
-1.89%
Original Mortgage
$975,000
Outstanding Balance
$963,444
Interest Rate
7.03%
Mortgage Type
New Conventional
Estimated Equity
$500,321

Purchase Details

Closed on
Feb 24, 2024
Sold by
Kat Capital Group Llc
Bought by
Tlp 1 Llc
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
Wong Jared $1,500,000 Wfg National Title
Tlp 1 Llc $1,065,000 Wfg National Title Insurance C
Kat Capital Group Llc $1,040,000 Wfg National Title Insurance C
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Jared $975,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/16/2024 07/16/24 Sold $1,500,000 -1.6% $550 / Sq Ft
06/18/2024 06/18/24 Price Changed $1,525,000 +2.0% $559 / Sq Ft
06/15/2024 06/15/24 Pending -- -- --
06/07/2024 06/07/24 For Sale $1,495,000 -- $548 / 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 $1,822 $1,500,000 $825,000 $675,000
2024 $1,822 $121,560 $23,757 $97,803
2023 $1,772 $119,178 $23,292 $95,886
2022 $1,742 $116,842 $22,836 $94,006
2021 $1,689 $114,552 $22,389 $92,163
2019 $1,650 $111,156 $21,726 $89,430
2018 $1,488 $108,977 $21,300 $87,677
2016 $1,394 $104,747 $20,474 $84,273
2015 $1,377 $103,175 $20,167 $83,008
2014 $1,361 $101,154 $19,772 $81,382
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PTP2403341

California Regional Multiple Listing Service (CRMLS)

APN: 7056-016-011