16429 Westbrook Ln Cerritos, CA 90703
Estimated Value: $791,000 - $795,000
3
Beds
3
Baths
1,568
Sq Ft
$506/Sq Ft
Est. Value
About This Home
This home is located at 16429 Westbrook Ln, Cerritos, CA 90703 and is currently estimated at $793,008, approximately $505 per square foot. 16429 Westbrook 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.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 25, 2006
Sold by
Cho Boo Za
Bought by
Lee Young Kwon
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$423,750
Outstanding Balance
$249,096
Interest Rate
6.76%
Mortgage Type
Negative Amortization
Estimated Equity
$543,912
Purchase Details
Closed on
Sep 11, 2003
Sold by
Cho Kyu Tok
Bought by
Cho Boo Za
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Aug 13, 2003
Sold by
Cho Ki Woong
Bought by
Cho Boo Za
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 13, 2000
Sold by
Lim Sun K
Bought by
Cho Ki Woong and Cho Eun Mi
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
7.67%
Create a Home Valuation Report for This Property
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lee Young Kwon | $565,000 | Stewart Title | |
| Cho Boo Za | -- | New Century Title | |
| Cho Boo Za | $358,000 | New Century Title | |
| Cho Ki Woong | $222,500 | United Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lee Young Kwon | $423,750 | |
| Previous Owner | Cho Boo Za | $158,000 | |
| Previous Owner | Cho Ki Woong | $178,000 |
Source: Public Records
Tax History Compared to Growth
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 | $9,054 | $772,106 | $583,252 | $188,854 |
| 2024 | $9,054 | $756,967 | $571,816 | $185,151 |
| 2023 | $8,752 | $742,125 | $560,604 | $181,521 |
| 2022 | $8,083 | $680,000 | $514,000 | $166,000 |
| 2021 | $7,121 | $598,000 | $452,000 | $146,000 |
| 2019 | $6,546 | $544,000 | $411,000 | $133,000 |
| 2018 | $5,491 | $476,000 | $360,000 | $116,000 |
| 2016 | $5,456 | $476,000 | $360,000 | $116,000 |
| 2015 | $4,922 | $426,000 | $322,000 | $104,000 |
| 2014 | $4,502 | $388,000 | $293,000 | $95,000 |
Source: Public Records
Map
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