NOT LISTED FOR SALE

16428 Bainbrook Ave Cerritos, CA 90703

Estimated Value: $1,285,346 - $1,317,000

3 Beds
2 Baths
1,480 Sq Ft
$877/Sq Ft Est. Value

Last Sold February 07, 2024

Last sale price $1,200,000 $811 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,025/month

2 Days on Market

Highlights

  • Granite Countertops
  • No HOA
  • Open to Family Room
  • Cecil B. Stowers Elementary School Rated A
  • Neighborhood Views
  • 4-minute walk to Gonsalves Park

About This Home

As of February 2024

Welcome in the new year with a beautiful new home. Walk in through the gorgeous double door entry into an open, bright, and spacious floor plan. This turnkey home features new vinyl flooring throughout, new interior paint, an updated kitchen with granite counters and stainless steel appliances, updated bathrooms, indoor laundry room, plus dual pane windows and sliders. This 3 bedroom 2 bath home offers a generous amount of storage in the pantry, kitchen, bedroom closets, and hallway cabinets. ABCs top schools are your home schools; Cerritos High School, Carmenita Middle School, and Stowers Elementary School. Located in a private cul-de-sac, your new home is within walking distance to Carmenita Middle, Stowers Elementary, Whitney High School, and Cerritos Park East. Whitney High School (grades 7-12) is ranked the #2 high school in California and #17 nationally (must test for acceptance). Watch the video and HEART your new HOME!

Last Agent to Sell the Property

Jodilyn Ogawa

Jodilyn Ogawa, Broker License #02023098 Listed on: 01/12/2024

Jodilyn Ogawa, Broker

Last Buyer's Agent

Kelly Chong

Dream Realty & Investments Inc License #01273557

Dream Realty & Investments Inc

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1968

Lot Details

  • 4,981 Sq Ft Lot
  • Cul-De-Sac
  • Front and Back Yard Sprinklers
  • Property is zoned CERS5000

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,480 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Vinyl Flooring
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Patio
  • Front Porch

Schools

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

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 46
  • Tax Tract Number 24976
  • Assessor Parcel Number 7005011037
  • $496 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1968

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: CERS5000
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7005011037
  • Year Built: 1968
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1480.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Pantry
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: In Family Room, In Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 810.81
  • Room Type: All Bedrooms Down
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Front Porch
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • 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 Features: Cul-De-Sac, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 4981.00
  • Lot Size Acres: 0.1143

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4981.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5545.11
  • Tax Lot: 46
  • Tax Tract Number: 24976
  • TaxOtherAnnualAssessmentAmount: 496.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 12, 2024
Closed on
Jan 18, 2024
Sold by
Jack L Boardman Revocable Living Trust
Bought by
Seong Rackwon and Seong Chloe Jungeun
Seller's Agent
Jodilyn Ogawa
Jodilyn Ogawa, Broker
Buyer's Agent
Kelly Chong
Dream Realty & Investments Inc
List Price
$1,080,000
Sold Price
$1,200,000
Premium/Discount to List
$120,000
11.11%
Views
44
Current Estimated Value
$1,297,837

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$97,837
Avg. Annual Appreciation
4.08%
Original Mortgage
$800,000
Outstanding Balance
$785,076
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$512,761

Purchase Details

Closed on
Jun 1, 2016
Sold by
Boardman Jack L
Bought by
Boardman Jack L and The Jack L Boardman Revocable Living Tru

Purchase Details

Closed on
Jul 30, 2002
Sold by
Boardman Joy
Bought by
Boardman Jack L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,250
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Seong Rackwon $1,200,000 Old Republic Title Company
Boardman Jack L -- None Available
Boardman Jack L -- Commerce Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Seong Rackwon $800,000
Previous Owner Boardman Jack L $131,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/07/2024 02/07/24 Sold $1,200,000 +11.1% $811 / Sq Ft
01/15/2024 01/15/24 Pending -- -- --
01/12/2024 01/12/24 For Sale $1,080,000 -- $730 / 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 $3,431 $1,224,000 $856,800 $367,200
2024 $3,431 $263,533 $97,599 $165,934
2023 $3,324 $258,367 $95,686 $162,681
2022 $3,270 $253,302 $93,810 $159,492
2021 $3,189 $248,336 $91,971 $156,365
2019 $3,114 $240,972 $89,244 $151,728
2018 $2,861 $236,248 $87,495 $148,753
2016 $2,732 $227,077 $84,099 $142,978
2015 $2,695 $223,667 $82,836 $140,831
2014 $2,646 $219,287 $81,214 $138,073
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24006927

California Regional Multiple Listing Service (CRMLS)

APN: 7005-011-037