NOT LISTED FOR SALE

12438 Rancho Vista Dr Cerritos, CA 90703

Estimated Value: $562,000 - $580,457

3 Beds
1 Bath
867 Sq Ft
$462/mo HOA Fee

Last Sold February 26, 2024

Last sale price $545,000 $629 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $4,053/month

6 Days on Market

Highlights

  • In Ground Pool
  • Neighborhood Views
  • Central Heating
  • Ross (Faye) Middle School Rated A-
  • Laundry Room

About This Home

As of February 2024

3 bedroom 1 bath condo in the Cerritos Villas community! This is a top level end unit. The interior features NEW interior paint, NEW flooring throughout, living room area, cozy kitchen with plenty of cabinetry space, double closet space in the master bedroom, and great balcony space. This unit comes with a detached 1-car garage. HOA amenities include community laundry room, pool, spa, with water and trash included. Conveniently located near shopping, dining, including Cerritos Town Center. Take a look!

Last Agent to Sell the Property

Belem Baca

HOME LIBERTY License #01459177 Listed on: 01/09/2024

Last Buyer's Agent

Pedro Torres Jr.

First Class Platinum Brokers License #02082088

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,839

Year Built

  • Built in 1972

Lot Details

  • 6,970

HOA Fees

  • $462 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 867 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Additional Features

  • 1 Common Wall
  • Suburban Location
  • Central Heating

Listing and Financial Details

  • Tax Lot 27
  • Tax Tract Number 22325
  • Assessor Parcel Number 7012003028
  • $351 per year additional tax assessments

Community Details

Overview

  • 535 Units
  • Cerritos Villas Homeowners Association, Phone Number (714) 285-2626
  • The Management Trust HOA

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,839

Year Built

Built in 1972

Lot Details

0

HOA Fees

$462 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: CERM
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7012003028
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 867.00 Square Feet
  • Stories: 1
  • Entry Location: /
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 628.60
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Features: Community, In Ground
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • 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

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Trash, Water
  • Association Fee: 462.00
  • Association Fee Frequency: Monthly
  • Association Name: Cerritos Villas Homeowners Association
  • Phone: 714-285-2626
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks, Storm Drains, Street Lights, Suburban
  • Association Management: The Management Trust

Schools

  • School District: ABC Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 6968.00
  • Lot Size Acres: 0.1600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6968.0000 Square Feet
  • Number Of Units In Community: 535
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5545.14
  • Tax Lot: 27
  • Tax Tract Number: 22325
  • TaxOtherAnnualAssessmentAmount: 351.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 9, 2024
Closed on
Jan 18, 2024
Sold by
Geng Jeremy
Bought by
Saucedo Manuel and Saucedo Mayra E
Seller's Agent
Belem Baca
HOME LIBERTY
Buyer's Agent
Pedro Torres Jr.
First Class Platinum Brokers
List Price
$524,900
Sold Price
$545,000
Premium/Discount to List
$20,100
3.83%
Views
41
Current Estimated Value
$566,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$21,991
Avg. Annual Appreciation
3.34%
Original Mortgage
$19,075
Interest Rate
6.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 20, 2023
Sold by
Home Expo Financial Inc
Bought by
Geng Jeremy

Purchase Details

Closed on
Jul 14, 2021
Sold by
Nulevel Partners Inc
Bought by
Home Expo Financial Inc

Purchase Details

Closed on
Jul 15, 2019
Sold by
Mendoza Lucy Berne Omay
Bought by
Nulevel Partners Inc

Purchase Details

Closed on
Apr 8, 2019
Sold by
Mendoza Lucy Berne Omay
Bought by
Rancho Vista Trust and Nulevel Partners Inc

Purchase Details

Closed on
Oct 4, 2018
Sold by
Mendoza Lucy Berne Omay
Bought by
Not Provided

Purchase Details

Closed on
Apr 13, 2006
Sold by
Williams Patricia C
Bought by
Mendoza Lucy Berne Omay

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
7%
Mortgage Type
Balloon

Purchase Details

Closed on
Jul 26, 2002
Sold by
Pena Miguel and Pena Lilia R
Bought by
Williams Patricia C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,600
Interest Rate
6.6%

Purchase Details

Closed on
Jan 17, 1996
Sold by
Zapeda Conchita and Zapeda Elizabeth L
Bought by
Zapeda Elizabeth L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
7.1%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Saucedo Manuel $545,000 Chicago Title
Geng Jeremy -- None Listed On Document
Home Expo Financial Inc $10,000 None Listed On Document
Nulevel Partners Inc -- None Available
Rancho Vista Trust $21,100 Accommodation
Not Provided $21,100 Accommodation
Mendoza Lucy Berne Omay $380,000 None Available
Williams Patricia C $182,000 North American Title Co
Zapeda Elizabeth L -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Saucedo Manuel $19,075
Open Saucedo Manuel $535,128
Previous Owner Mendoza Lucy Berne Omay $304,000
Previous Owner Williams Patricia C $255,000
Previous Owner Williams Patricia C $219,000
Previous Owner Williams Patricia C $145,600
Previous Owner Pena Miguel $26,200
Previous Owner Pena Miguel $101,960
Previous Owner Zapeda Elizabeth L $84,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/26/2024 02/26/24 Sold $545,000 +3.8% $629 / Sq Ft
01/15/2024 01/15/24 Pending -- -- --
01/09/2024 01/09/24 For Sale $524,900 -- $605 / 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 $5,839 $555,900 $402,696 $153,204
2024 $5,839 $481,000 $215,000 $266,000
2023 $5,619 $469,200 $209,100 $260,100
2022 $5,532 $460,000 $205,000 $255,000
2021 $4,390 $360,697 $164,890 $195,807
2020 $4,353 $357,000 $163,200 $193,800
2019 $4,581 $376,000 $287,000 $89,000
2018 $4,357 $376,000 $287,000 $89,000
2016 $3,511 $299,000 $228,000 $71,000
2015 $3,514 $299,000 $228,000 $71,000
2014 $2,883 $241,000 $184,000 $57,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV24005043

California Regional Multiple Listing Service (CRMLS)

APN: 7012-003-028