NOT LISTED FOR SALE

16439 Mcrae Ave Norwalk, CA 90650

Estimated Value: $837,787 - $921,000

4 Beds
2 Baths
1,424 Sq Ft
$604/Sq Ft Est. Value

Last Sold August 09, 2019

Last sale price $580,000 $407 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $5,346/month

12 Days on Market

Highlights

  • Updated Kitchen
  • Open Floorplan
  • Granite Countertops
  • Ross (Faye) Middle School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of August 2019

This beautiful 4 bedroom 2 bath home is an entertainer's dream complete with a remodeled kitchen, updated bathrooms, large open floor plan, and a spacious backyard. The home features crown molding, newer windows and roof, beautiful hardwood floors, sky lights in the kitchen, ceiling fans throughout and recessed lighting, located in a quiet neighborhood. Located in the desirable College Estates neighborhood, the home is within the highly sought after ABC Unified School District. Cerritos College and Cerritos Mall are just a quick drive, with easy access to the rest of Southern California via nearby 605 and 91 fwys.

Last Agent to Sell the Property

Jassen Sanchez

FORTRESS CAPITAL PARTNERS INC. License #01728064 Listed on: 07/05/2019

Last Buyer's Agent

Channy Chor

JohnHart Real Estate License #02016701

JohnHart Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,882

Year Built

  • Built in 1959 | Remodeled

Lot Details

  • 5,151 Sq Ft Lot
  • Back and Front Yard
  • Property is zoned NOR1YY

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Driveway

Interior Spaces

  • 1,424 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Crown Molding
  • Recessed Lighting
  • Double Pane Windows
  • Family Room Off Kitchen
  • Living Room
  • Wood Flooring

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 49
  • Tax Tract Number 24706
  • Assessor Parcel Number 7014019002

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,882

Year Built

Built in 1959 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: NOR1YY
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7014019002
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1424.00 Square Feet
  • Interior Amenities: Crown Molding, Granite Counters, Open Floorplan, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 407.30
  • Room Type: All Bedrooms Down, Kitchen, Living Room
  • Window Features: Double Pane Windows
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: ABC Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5151.00
  • Lot Size Acres: 0.1183

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5151.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5546.00
  • Tax Lot: 49
  • Tax Tract Number: 24706

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 5, 2020
Sold by
Te Nancy Horng and Te Meng K
Bought by
Te Nancy Horng and Te Meng K
Current Estimated Value
$860,697

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$448,000
Outstanding Balance
$400,471
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$460,226

Purchase Details

Listed on
Jul 5, 2019
Closed on
Jul 22, 2019
Sold by
Olson Tiffany M
Bought by
Horng Te Nancy and Te Meng K
Seller's Agent
Jassen Sanchez
FORTRESS CAPITAL PARTNERS INC.
Buyer's Agent
Channy Chor
JohnHart Real Estate
List Price
$550,000
Sold Price
$580,000
Premium/Discount to List
$30,000
5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.75%
Original Mortgage
$460,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 5, 2019
Closed on
Jun 19, 2019
Sold by
Olson Tiffany M and Olson Miles
Bought by
Olson Tiffany M
Seller's Agent
Jassen Sanchez
FORTRESS CAPITAL PARTNERS INC.
Buyer's Agent
Channy Chor
JohnHart Real Estate
List Price
$550,000
Sold Price
$580,000
Premium/Discount to List
$30,000
5.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2016
Sold by
Olson Tiffany M
Bought by
Olson Tiffany M and The Angeline C Olson Living Trust

Purchase Details

Closed on
Mar 7, 2016
Sold by
Olson Tiffany M
Bought by
Olson Tiffany M and Olson Miles

Purchase Details

Closed on
Oct 23, 2013
Sold by
Olson Angeline C
Bought by
Olson Angeline C and Angeline C Olson Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 21, 2013
Sold by
Olson Angeline C
Bought by
Olson Angeline C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 21, 2006
Sold by
Olson Angeline C
Bought by
Olson Angeline C and The Angeline C Olson Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
1.25%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Oct 26, 2002
Sold by
Olson Angeline C
Bought by
Olson Angeline C and Angeline C Olson Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,941
Interest Rate
6.12%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 25, 2002
Sold by
Olson Angeline C
Bought by
Olson Angeline C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,941
Interest Rate
6.12%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 30, 2001
Sold by
Olson Angeline C
Bought by
Olson Angeline C and The Angeline Olson Living Trust

Purchase Details

Closed on
Dec 26, 2000
Sold by
Tan Janice H
Bought by
Olson Angeline C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,777
Interest Rate
6.89%
Mortgage Type
FHA
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
Te Nancy Horng -- Provident Title Company
Horng Te Nancy $580,000 Lawyers Title
Olson Tiffany M -- Lawyers Title
Olson Tiffany M -- None Available
Olson Tiffany M -- None Available
Olson Tiffany M -- None Available
Olson Angeline C -- Accommodation
Olson Angeline C -- Nations Title Company Of Ca
Olson Angeline C -- Accommodation
Olson Angeline C -- Ticor Title Co Of California
Olson Angeline C -- Gateway Title Company
Olson Angeline C -- Gateway Title Company
Olson Angeline C -- --
Olson Angeline C $230,000 First American
Tan Janice H -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Te Nancy Horng $448,000
Closed Horng Te Nancy $460,000
Previous Owner Olson Angeline C $304,000
Previous Owner Olson Angeline C $304,000
Previous Owner Olson Angeline C $320,000
Previous Owner Olson Angeline C $220,000
Previous Owner Olson Angeline C $220,941
Previous Owner Olson Angeline C $221,777
Previous Owner Tan Janice H $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2019 08/09/19 Sold $580,000 +5.5% $407 / Sq Ft
07/05/2019 07/05/19 For Sale $550,000 -- $386 / 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 $7,882 $657,689 $449,372 $208,317
2024 $7,882 $644,794 $440,561 $204,233
2023 $7,623 $632,152 $431,923 $200,229
2022 $7,507 $619,757 $423,454 $196,303
2021 $7,409 $607,605 $415,151 $192,454
2020 $7,109 $580,000 $387,900 $192,100
2019 $4,089 $488,155 $344,892 $143,263
2018 $5,637 $478,584 $338,130 $140,454
2017 $3,612 $298,609 $211,756 $86,853
2016 $3,528 $292,754 $207,604 $85,150
2015 $3,481 $288,357 $204,486 $83,871
2014 $3,414 $282,710 $200,481 $82,229
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV19159426

California Regional Multiple Listing Service (CRMLS)

APN: 7014-019-002