NOT LISTED FOR SALE

13514 1/2 Village Dr Cerritos, CA 90703

Estimated Value: $572,828 - $595,000

2 Beds
1.5 Baths
853 Sq Ft
$275/mo HOA Fee

Last Sold August 30, 2024

Last sale price $560,000 $657 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $3,774/month

94 Days on Market

Highlights

  • Quartz Countertops
  • Community Pool
  • Park
  • Cecil B. Stowers Elementary School Rated A
  • Double Pane Windows
  • Laundry Room

About This Home

As of August 2024

This Stunning MOVE-IN ready 2 Bedrooms, 1.5 Bathrooms condo is nestled in the most prevalent zone of the Award-winning ABC school district in the beautiful city of CERRITOS. This rare gem is a few meters from Carmenita Jr. High (excellent middle school) and zoned for highly desirable Cerritos/Whitney High Schools along with top rated Elementary school.
This delightful Home offers ample natural light with Dual Paned windows and a huge glass sliding door leading to the cozy private backyard enclosed with classy vinyl fence. It boasts freshly painted interior, durable laminate flooring, Central heating and cooling system, spacious kitchen equipped with dishwasher, gas cooking range, Quartz countertop. This charming home welcomes you with 2 generous sized bedrooms with ample closet spaces along with 2 exterior dedicated storages. The community pool is perfect to host guests and add a touch of leisure and serenity to your lifestyle.
Enjoy the convenience of easy access to 91, 5 and 605 Freeways. Walking distance to Cerritos Park East with amenities like Olympic sized swimming pool, Tennis courts, Baseball, Basketball courts, etc. This impeccable home is conveniently close to shopping, including Cerritos Towne Center, gyms, Starbucks, Walmart, Trader Joe’s, restaurants and many other amenities. As proud Cerritos residents, you have access to world-class performing arts center, award-winning library, numerous parks, sports, and much more.
Once-in-a-lifetime opportunity to make this BEAUTIFUL HOME YOURS. COME SEE IT TODAY, WON’T LAST!

Last Agent to Sell the Property

Vibhor Vineet

Nanda Realty Inc. Brokerage Phone: 5624054854 License #02098451 Listed on: 05/09/2024

Last Buyer's Agent

Vibhor Vineet

Nanda Realty Inc. Brokerage Phone: 5624054854 License #02098451 Listed on: 05/09/2024

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,150

Year Built

  • Built in 1971

Lot Details

  • 1 Common Wall
  • Vinyl Fence

HOA Fees

  • $275 Monthly HOA Fees

Interior Spaces

  • 853 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Gas Range
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Granite Bathroom Countertops
  • Quartz Bathroom Countertops
  • Exhaust Fan In Bathroom

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces
  • Parking Available
  • Assigned Parking

Schools

  • Stowers Elementary School
  • Carmenita Middle School
  • Cerritos/Whitney High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 29285
  • Assessor Parcel Number 7005015074
  • $361 per year additional tax assessments

Community Details

Overview

  • 164 Units
  • The Management Trust Association, Phone Number (562) 926-3372

Amenities

  • Laundry Facilities

Recreation

  • Community Pool
  • Park
  • Dog Park
  • Bike Trail

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,150

Year Built

Built in 1971

Lot Details

0

HOA Fees

$275 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: CERM
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7005015074
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 853.00 Square Feet
  • Stories: 2
  • Entry Location: 1st Floor
  • Common Walls: 1 Common Wall
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 656.51
  • Room Type: All Bedrooms Up
  • Window Features: Double Pane Windows
  • Bathroom Features: Exhaust Fan(s), Granite Counters, Quartz Counters
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Fence: Yes
  • Fencing: Vinyl
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Carport
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 275.00
  • Association Fee Frequency: Monthly
  • Association Name: The management Trust
  • Phone: 5629263372
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Dog Park, Park, Sidewalks
  • Association Management: The management Trust

Schools

  • School District: ABC Unified
  • Elementary School: Stowers
  • Middle School: Carmenita
  • High School: Cerritos/Whitney
  • Elementary School: Stowers
  • High School: Cerritos/Whitney
  • Middle Or Junior School: Carmenita
  • Elementary School #2: STOWER
  • High School2: CERWHI

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 6963.00
  • Lot Size Acres: 0.1598

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6963.0000 Square Feet
  • Number Of Units In Community: 164
  • Number Of Units Total: 4

Tax Info

  • Tax Census Tract: 5545.11
  • Tax Lot: 14
  • Tax Tract Number: 29285
  • TaxOtherAnnualAssessmentAmount: 361.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2024
Closed on
Aug 15, 2024
Sold by
Jain Sanjeev
Bought by
Mukherjee Punyasiok and Mukherjee Lakshmi
Seller's Agent
Vibhor Vineet
Nanda Realty Inc.
Buyer's Agent
Vibhor Vineet
Nanda Realty Inc.
List Price
$579,900
Sold Price
$560,000
Premium/Discount to List
-$19,900
-3.43%
Views
201
Current Estimated Value
$583,207

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,207
Avg. Annual Appreciation
4.14%

Purchase Details

Closed on
Jun 11, 2012
Sold by
Jain Meetu
Bought by
Jain Sanjeev

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2012
Sold by
Nl Investments
Bought by
Jain Sanjeev

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 7, 2011
Sold by
Yoon Eun Seok
Bought by
Nl Investments

Purchase Details

Closed on
Sep 21, 2005
Sold by
Moon Tae Gi
Bought by
Yoon Eun Seok

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
1%
Mortgage Type
Negative Amortization
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
Mukherjee Punyasiok $560,000 Orange Coast Title Company
Jain Sanjeev -- First American Title Company
Jain Sanjeev $270,000 First American Title Company
Nl Investments -- Accommodation
Yoon Eun Seok $362,500 Security Union
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Jain Sanjeev $225,000
Previous Owner Jain Sanjeev $189,000
Previous Owner Yoon Eun Seok $288,000
Previous Owner Yoon Eun Seok $26,500
Previous Owner Yoon Eun Seok $290,000
Previous Owner Moon Tae Gi $102,500
Previous Owner Moon Tae Gi $102,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2024 08/30/24 Sold $560,000 -2.6% $657 / Sq Ft
08/12/2024 08/12/24 Pending -- -- --
07/19/2024 07/19/24 Price Changed $574,900 -0.9% $674 / Sq Ft
05/09/2024 05/09/24 For Sale $579,900 -- $680 / 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 $4,150 $560,000 $414,200 $145,800
2024 $4,150 $332,475 $258,595 $73,880
2023 $4,015 $325,957 $253,525 $72,432
2022 $3,952 $319,566 $248,554 $71,012
2021 $3,859 $313,301 $243,681 $69,620
2019 $3,769 $304,010 $236,454 $67,556
2018 $3,523 $298,050 $231,818 $66,232
2016 $3,383 $286,478 $222,817 $63,661
2015 $3,339 $282,176 $219,471 $62,705
2014 $3,275 $276,649 $215,172 $61,477
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS24088225

California Regional Multiple Listing Service (CRMLS)

APN: 7005-015-074