NOT LISTED FOR SALE

12422 Cuesta Dr Unit 71 Cerritos, CA 90703

Estimated Value: $535,000 - $572,000

2 Beds
1 Bath
904 Sq Ft
6,795 Sq Ft Lot

Last Sold October 18, 2017

Last sale price $365,000 $404 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $3,452/month

Highlights

  • Community Pool
  • Laundry Room
  • Central Heating and Cooling System
  • Ross (Faye) Middle School Rated A-

About This Home

As of November 2017

Cerritos Villas 2 Story Townhome end Unit with bedrooms and bathroom upstairs. Master bedroom with walk-in closet. Sliding door to access private patio. Shared community laundry next to property. One Garage parking and one uncovered assigned parking space. Fully upgraded interior with wood floors, granite counter tops, modern tiles, recessed lighting, and much more. This two level home has an outdoor patio perfect for a small BBQ or gathering. Amenities include a large pool and club house. Close to 91 and 605 Freeways also belongs to the Cerritos ABC School District.

Last Agent to Rent the Property

Erin Chung

JEC Realty Group License #01294579 Listed on: 10/20/2017

Last Renter's Agent

Erin Chung

JEC Realty Group License #01294579 Listed on: 10/20/2017

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,003

Year Built

  • Built in 1971

Lot Details

  • Two or More Common Walls
  • Density is 36-40 Units/Acre

Parking

  • 1 Car Garage

Home Design

  • 904 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • Laundry Room
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $3,500
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 11/1/17
  • Tax Lot 1
  • Tax Tract Number 123
  • Assessor Parcel Number 7012002071

Community Details

Recreation

  • Community Pool

Additional Features

  • Property has a Home Owners Association
  • Laundry Facilities

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,003

Year Built

Built in 1971

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2017-11-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 150
  • Deposit Security: 3500
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Property Attached: Yes
  • View: No
  • Zoning: CERM
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 7012002071
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 904.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: Two
  • Price Per Square Foot: 2.16
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: ABC Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 36-40 Units/Acre
  • Lot Size Sq Ft: 6795.00

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Number Of Units In Community: 1
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

Tax Info

  • Tax Census Tract: 5545.14
  • Tax Lot: 1
  • Tax Tract Number: 123

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2017
Closed on
Sep 6, 2017
Sold by
Coly Llc
Bought by
Bresser Nick and Gurbuz Derbya
Seller's Agent
Yiu Kwei
KW Vision
Buyer's Agent
Nikunj Shah
T.N.G. Real Estate Consultants
List Price
$375,000
Sold Price
$365,000
Premium/Discount to List
-$10,000
-2.67%
Current Estimated Value
$556,999

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$191,999
Avg. Annual Appreciation
5.63%
Original Mortgage
$273,750
Outstanding Balance
$228,964
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$332,114

Purchase Details

Listed on
Aug 8, 2017
Closed on
Aug 23, 2017
Sold by
Lin
Bought by
Coly
Seller's Agent
Yiu Kwei
KW Vision
Buyer's Agent
Nikunj Shah
T.N.G. Real Estate Consultants
List Price
$375,000
Sold Price
$365,000
Premium/Discount to List
-$10,000
-2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,750
Outstanding Balance
$228,964
Interest Rate
3.78%
Mortgage Type
New Conventional
Estimated Equity
$332,114

Purchase Details

Listed on
Jan 9, 2017
Closed on
May 4, 2017
Sold by
Wooten Johnnie B
Bought by
Lin Yi Fen
Seller's Agent
Maria L. Avila
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Yiu Kwei
KW Vision
List Price
$299,900
Sold Price
$300,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
56.16%

Purchase Details

Closed on
Nov 17, 2003
Sold by
Wooten Andrew and Wooten Jonnie B
Bought by
Wooten Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 3, 2001
Sold by
Wooten Andrew and Wooten Johnnie B
Bought by
Wooten Andrew

Purchase Details

Closed on
Nov 29, 2000
Sold by
Estrella Robert F
Bought by
Wooten Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,100
Interest Rate
6.97%
Mortgage Type
FHA
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
Bresser Nick $365,000 First American Title
Coly -- --
Lin Yi Fen $300,000 Orange Coast Title Co Socal
Wooten Andrew -- --
Wooten Andrew -- --
Wooten Andrew $130,000 South Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bresser Nick $273,750
Previous Owner Coly --
Previous Owner Wooten Andrew $252,000
Previous Owner Wooten Andrew $176,000
Previous Owner Wooten Andrew $126,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2017 11/13/17 Rented $1,950 0.0% --
10/20/2017 10/20/17 For Rent $1,950 0.0% --
10/18/2017 10/18/17 Sold $365,000 -2.7% $404 / Sq Ft
08/08/2017 08/08/17 For Sale $375,000 +25.0% $415 / Sq Ft
05/12/2017 05/12/17 Sold $300,000 0.0% $332 / Sq Ft
04/19/2017 04/19/17 Off Market $300,000 -- --
04/10/2017 04/10/17 Pending -- -- --
04/04/2017 04/04/17 Price Changed $299,900 0.0% $332 / Sq Ft
04/04/2017 04/04/17 For Sale $299,900 0.0% $332 / Sq Ft
03/01/2017 03/01/17 Off Market $300,000 -- --
03/01/2017 03/01/17 For Sale $275,000 -8.3% $304 / Sq Ft
01/12/2017 01/12/17 Off Market $300,000 -- --
01/09/2017 01/09/17 For Sale $275,000 -- $304 / 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 $5,003 $415,303 $278,311 $136,992
2024 $5,003 $407,160 $272,854 $134,306
2023 $4,839 $399,177 $267,504 $131,673
2022 $4,763 $391,351 $262,259 $129,092
2021 $4,652 $383,678 $257,117 $126,561
2019 $4,543 $372,300 $249,492 $122,808
2018 $4,241 $365,000 $244,600 $120,400
2016 $1,993 $165,464 $86,676 $78,788
2015 $1,965 $162,980 $85,375 $77,605
2014 $1,931 $159,788 $83,703 $76,085
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC17241280

California Regional Multiple Listing Service (CRMLS)

APN: 7012-002-071