NOT LISTED FOR SALE

16015 Formby Dr La Mirada, CA 90638

Estimated Value: $885,000 - $953,712

3 Beds
2 Baths
1,753 Sq Ft
$523/Sq Ft Est. Value

Last Sold October 11, 2019

Last sale price $540,000 $308 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $5,489/month

29 Days on Market

Highlights

  • Private Yard
  • No HOA
  • Fireplace
  • Eastwood Elementary School Rated A-
  • Neighborhood Views
  • Cooling Available

About This Home

As of October 2019

Gorgeous open beam ceilings, wood and tile floors, and charming architecture features adorn this adorable La Mirada cottage that is just waiting for your personal touch! Very close to schools, multiple parks and sports fields, shopping, and Biola University, the location is perfectly convenient! The 3 bedroom, 2 bathroom home has a galley kitchen and even an additional cooking area! One of the two living areas boasts a cozy fireplace and an impressive entertainment bar. Mature trees in the front yard, and a pergola-covered patio in the backyard create a lovely environment for outdoor relaxation and play. Leased solar panels are already in place! Don’t miss the opportunity to make this home your very own!

Last Agent to Sell the Property

Ruben Martinez

Fiduciary Real Estate Services License #01027549 Listed on: 07/15/2019

Co-Listed By

Logan Martinez

Fiduciary Real Estate Services License #01960924

Last Buyer's Agent

Yazen Haddad

One Attic, Inc License #01936781

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,654

Year Built

  • Built in 1958

Lot Details

  • 6,340 Sq Ft Lot
  • Private Yard
  • Back Yard
  • Property is zoned LMR1*

Interior Spaces

  • 1,753 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Living Room
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 20251
  • Assessor Parcel Number 8064001027

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,654

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LMR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8064001027
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1753.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 308.04
  • Room Type: Kitchen, Living Room

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Norwalk - La Mirada

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Yard
  • Lot Size Sq Ft: 6340.00
  • Lot Size Acres: 0.1455

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6340.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5038.01
  • Tax Lot: 14
  • Tax Tract Number: 20251

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2019
Closed on
Aug 19, 2019
Sold by
Gunther Roxanne
Bought by
Arvizu Irma and Arvizu Jesus C
Seller's Agent
Ruben Martinez
Fiduciary Real Estate Services
Buyer's Agent
Yazen Haddad
One Attic, Inc
List Price
$520,000
Sold Price
$540,000
Premium/Discount to List
$20,000
3.85%
Current Estimated Value
$917,678

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$377,678
Avg. Annual Appreciation
9.18%
Original Mortgage
$530,219
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 8, 2009
Sold by
Torres Esther and The 2002 Torres Family Trust
Bought by
Torres Esther

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 2002
Sold by
Torres Richard G and Torres Esther
Bought by
Torres Richard G
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
Arvizu Irma $540,000 Fidelity National Title
Torres Esther -- Chicago Title Insurance Co
Torres Richard G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arvizu Irma $530,219
Previous Owner Torres Esther $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2019 10/11/19 Sold $540,000 +3.8% $308 / Sq Ft
08/13/2019 08/13/19 Pending -- -- --
07/15/2019 07/15/19 For Sale $520,000 -- $297 / 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 $7,654 $601,501 $440,847 $160,654
2024 $7,654 $589,707 $432,203 $157,504
2023 $7,390 $578,145 $423,729 $154,416
2022 $7,261 $566,810 $415,421 $151,389
2021 $7,144 $555,697 $407,276 $148,421
2019 $1,504 $82,023 $31,403 $50,620
2018 $1,272 $73,855 $30,788 $43,067
2016 $1,197 $70,990 $29,594 $41,396
2015 $1,185 $69,925 $29,150 $40,775
2014 $1,131 $68,556 $28,579 $39,977
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19170241

California Regional Multiple Listing Service (CRMLS)

APN: 8064-001-027