NOT LISTED FOR SALE

12451 Fallcreek Ln Cerritos, CA 90703

Estimated Value: $804,000 - $845,596

3 Beds
2.5 Baths
1,568 Sq Ft
$335/mo HOA Fee

Last Sold October 29, 2021

Last sale price $720,000 $459 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,442/month

28 Days on Market

Highlights

  • Clubhouse
  • Community Pool
  • Laundry Room
  • Ross (Faye) Middle School Rated A-
  • Living Room
  • 1-minute walk to Satellite Park

About This Home

As of October 2021

Back on the market~! Totally upgraded Turn Key Home in Sundance community in the award winning ABC School District. The picturesque, tree lined Sundance community has 2 community pools, playground area, picnic area, Clubhouse and Satellite Park nearby.
Beautifully updated and meticulously maintained townhome in the highly desired Sundance Community of Cerritos.
You will find a spacious living room, clean kitchen, dining room, family room right next to kitchen, all the bed rooms are upstairs.
Property has new remodeled shower booth on 2nd floor, and new floor just installed, and has new paint job home inside.
The garage is a large 2 car garage with plenty of room for storage shelves and laundry.
Few property has driveway in the community, and this property has convenient driveway, so, even if you park 2 car on the driveway, you can use garage as your private space.
You are near restaurants, movies, shopping, the Towne Center, library, performing arts and more. The location is ideal as it is centrally located between LA and OC, easy access to the 91, 605, 105 and not too far from the 710, 110 and 405. Look no more, you have found your way home.

Last Agent to Sell the Property

Brady Kim

BD Investment Company License #01994341 Listed on: 09/08/2021

Last Buyer's Agent

Jarrod Lujan

C-21 Astro License #01403081

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,968

Year Built

  • Built in 1976

Lot Details

  • 1,830

HOA Fees

  • $335 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,568 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Two or More Common Walls
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 81
  • Tax Tract Number 30145
  • Assessor Parcel Number 7010007081
  • $363 per year additional tax assessments

Community Details

Overview

  • 50 Units
  • Sundance Association, Phone Number (562) 926-3372

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,968

Year Built

Built in 1976

Lot Details

0

HOA Fees

$335 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Zoning: CEADP3
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7010007081
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1568.00 Square Feet
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 459.18
  • Room Type: All Bedrooms Up, Family Room, Living Room

Exterior Features

  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • 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: 335.00
  • Association Fee Frequency: Monthly
  • Association Name: Sundance
  • Phone: 562-926-3372
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Urban
  • Association Management: Sundance

Schools

  • School District: ABC Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 1828.00
  • Lot Size Acres: 0.0420

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1828.0000 Square Feet
  • Number Of Units In Community: 50
  • Number Of Units Total: 50

Tax Info

  • Tax Census Tract: 5545.13
  • Tax Lot: 81
  • Tax Tract Number: 30145
  • TaxOtherAnnualAssessmentAmount: 363.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 8, 2021
Closed on
Oct 21, 2021
Sold by
Lee Shelly and Lee Ken Kyungtae
Bought by
Schlicht Wolfram W
Seller's Agent
Brady Kim
BD Investment Company
Buyer's Agent
Jarrod Lujan
C-21 Astro
List Price
$720,000
Sold Price
$720,000
Current Estimated Value
$824,649

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$104,649
Avg. Annual Appreciation
3.47%
Original Mortgage
$350,000
Interest Rate
2.8%
Mortgage Type
Construction

Purchase Details

Closed on
May 23, 2018
Sold by
Lee Shelly
Bought by
Lee Shelly and Lee Ken Kyungtae

Purchase Details

Closed on
Jul 25, 2011
Sold by
Lee Ken
Bought by
Lee Shelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 28, 2011
Sold by
Hsbc Bank Usa National Association
Bought by
Lee Shelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 19, 2011
Sold by
Hinostroza Margott Karinna
Bought by
Hsbc Bank Usa National Association

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 3, 2007
Sold by
Chi Kai and Huang Ying
Bought by
Hinostroza Margott Karinna

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 4, 2004
Sold by
Sederoff Florence and The Florence Sederoff Family T
Bought by
Chi Kai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,000
Interest Rate
4.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2001
Sold by
Sederoff Florence
Bought by
Sederoff Florence and Florence Sederoff Family 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
Schlicht Wolfram W $720,000 North American Title
Lee Shelly -- None Available
Lee Shelly -- First American Title
Lee Shelly $353,000 First American Title
Hsbc Bank Usa National Association $360,000 Accommodation
Hinostroza Margott Karinna $545,000 Investors Title Company
Chi Kai $400,500 Equity Title
Sederoff Florence -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Schlicht Wolfram W $350,000
Previous Owner Lee Shelly $130,000
Previous Owner Hinostroza Margott Karinna $436,000
Previous Owner Chi Kai $308,000
Closed Chi Kai $38,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/29/2021 10/29/21 Sold $720,000 0.0% $459 / Sq Ft
09/08/2021 09/08/21 For Sale $720,000 0.0% $459 / Sq Ft
06/29/2015 06/29/15 Rented $2,350 +2.2% --
06/29/2015 06/29/15 For Rent $2,300 -- --
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 $8,968 $764,068 $540,154 $223,914
2024 $8,968 $749,087 $529,563 $219,524
2023 $8,669 $734,400 $519,180 $215,220
2022 $8,537 $720,000 $509,000 $211,000
2021 $5,010 $409,615 $234,166 $175,449
2019 $4,894 $397,467 $227,221 $170,246
2018 $4,560 $389,674 $222,766 $166,908
2016 $4,359 $374,545 $214,117 $160,428
2015 $4,303 $368,920 $210,901 $158,019
2014 $4,218 $361,694 $206,770 $154,924
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21189544

California Regional Multiple Listing Service (CRMLS)

APN: 7010-007-081