NOT LISTED FOR SALE

12502 Fallcreek Ln Cerritos, CA 90703

Estimated Value: $741,000 - $820,000

3 Beds
3 Baths
1,568 Sq Ft
1,851 Sq Ft Lot

Last Sold August 16, 2019

Last sale price $561,000 $358 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $4,789/month

Highlights

  • Community Pool
  • Fireplace
  • Laundry Room
  • Ross (Faye) Middle School Rated A-
  • Walk-In Closet
  • 2-minute walk to Satellite Park

About This Home

As of January 2021

Beautiful property, spacious in the top school district, shopping centers and short distance to Los Angeles and Anaheim.

Last Agent to Rent the Property

Carlos J Martinez

MARCAR RE Brokers Corp. License #01912497 Listed on: 01/07/2021

Last Renter's Agent

Carlos J Martinez

MARCAR RE Brokers Corp. License #01912497 Listed on: 01/07/2021

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,284

Year Built

  • Built in 1975

Lot Details

  • 1,851

Parking

  • 2 Car Garage

Interior Spaces

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

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Additional Features

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

Listing and Financial Details

  • Security Deposit $2,950
  • Rent includes association dues
  • 12-Month Minimum Lease Term
  • Available 1/15/21
  • Tax Lot 154
  • Tax Tract Number 30145
  • Assessor Parcel Number 7010007154

Community Details

Overview

  • Property has a Home Owners Association
  • 120 Units

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit $150

Condo Details

Home Type

Condominium

Est. Annual Taxes

$7,284

Year Built

Built in 1975

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2021-01-15
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Pets: 150
  • Deposit Security: 2950
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Property Attached: Yes
  • View: No
  • Zoning: CEADP3
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 7010007154
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1568.00 Square Feet
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1.98
  • Room Type: All Bedrooms Up, Family Room, Master Bathroom, Master Bedroom, Walk-In Closet

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: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: ABC Unified

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 1853.00
  • Lot Size Acres: 0.0425

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 1853.0000 Square Feet
  • Number Of Units In Community: 120
  • Number Of Units Total: 1
  • Rent Includes: Association Dues

Tax Info

  • Tax Census Tract: 5545.13
  • Tax Lot: 154
  • Tax Tract Number: 30145

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 7, 2021
Closed on
Feb 18, 2021
Sold by
Jalili Neelab
Bought by
Noahjan Llc
Seller's Agent
Carlos J Martinez
MARCAR RE Brokers Corp.
Buyer's Agent
Carlos J Martinez
MARCAR RE Brokers Corp.
Sold Price
$3,100
Current Estimated Value
$791,140

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$788,040

Purchase Details

Listed on
Jul 1, 2019
Closed on
Jul 5, 2019
Sold by
Vasudevan Manikandan and Ramakrishnan Rani
Bought by
Jalili Najibullah and Jalili Neelab
Seller's Agent
Odai Peri
C-21 Classic Estates
Buyer's Agent
Carlos J Martinez
MARCAR RE Brokers Corp.
List Price
$569,000
Sold Price
$561,000
Premium/Discount to List
-$8,000
-1.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.71%
Original Mortgage
$420,750
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 9, 2014
Sold by
Vasudevan Manikandan
Bought by
Rani Mani Family Trust

Purchase Details

Closed on
May 4, 2006
Sold by
Park Joo H
Bought by
Vasudevan Manikandan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,400
Interest Rate
6.3%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 13, 2004
Sold by
Park Sidong
Bought by
Park Joo Hee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,500
Interest Rate
2.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 1, 2004
Sold by
Preston James R and Preston Irene M
Bought by
Park Joo H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,500
Interest Rate
2.25%
Mortgage Type
Purchase Money Mortgage
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
Noahjan Llc -- None Listed On Document
Jalili Neelab -- None Listed On Document
Jalili Najibullah $561,000 Fidelity National Title
Rani Mani Family Trust -- None Available
Vasudevan Manikandan $550,000 Stewart Title
Park Joo Hee -- Fidelity National Title Co L
Park Joo H $405,000 Fidelity National Title Co L
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jalili Najibullah $420,750
Previous Owner Vasudevan Manikandan $392,400
Previous Owner Park Joo H $364,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/12/2021 01/12/21 Rented $3,100 +5.1% --
01/07/2021 01/07/21 For Rent $2,950 0.0% --
08/16/2019 08/16/19 Sold $561,000 -1.4% $358 / Sq Ft View Prior Sale
07/01/2019 07/01/19 For Sale $569,000 -- $363 / 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 $7,284 $613,530 $395,788 $217,742
2024 $7,284 $601,501 $388,028 $213,473
2023 $7,043 $589,708 $380,420 $209,288
2022 $6,936 $578,146 $372,961 $205,185
2021 $6,771 $566,811 $365,649 $201,162
2020 $6,674 $561,000 $361,900 $199,100
2019 $6,546 $544,000 $410,000 $134,000
2018 $5,491 $476,000 $359,000 $117,000
2016 $5,456 $476,000 $359,000 $117,000
2015 $4,922 $426,000 $321,000 $105,000
2014 $4,502 $388,000 $292,000 $96,000
Source: Public Records

Agents Affiliated with this Home

  • C

    Landlord's Agent in 2021

    Carlos J Martinez

    MARCAR RE Brokers Corp.

    (213) 700-2125

    3 in this area

    16 Total Sales

    Carlos J Martinez
    Section Image
  • Odai Peri

    Seller's Agent in 2019

    Odai Peri

    C-21 Classic Estates

    (562) 716-8801

    15 in this area

    57 Total Sales

    Odai Peri
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21004104

California Regional Multiple Listing Service (CRMLS)

APN: 7010-007-154

California Los Angeles County Cerritos 90703

12502 Fallcreek Ln, Cerritos, CA

This home is located at 12502 Fallcreek Ln, Cerritos, CA 90703 since 07 January 2021 and is currently priced at $791,140. This property was built in 1975. 12502 Fallcreek Ln is a home located in Los Angeles County with nearby schools including Juarez Academy of Engineering & Technology, Ross (Faye) Middle School, and Gahr High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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