NOT LISTED FOR SALE

16503 Orchard Flat Ln Cerritos, CA 90703

Estimated Value: $802,000 - $943,000

3 Beds
3 Baths
1,656 Sq Ft
$316/mo HOA Fee

Last Sold October 26, 2021

Last sale price $685,000 $414 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,762/month

39 Days on Market

Highlights

  • Spa
  • Gated Parking
  • View of Trees or Woods
  • Ross (Faye) Middle School Rated A-
  • Gated Community
  • Updated Kitchen

About This Home

As of October 2021

PRICE REDUCED!!! GATED COMMUNITY. VERY PRIVACY & SAFETY AREA. BEAUTIFUL MODERN 2 STORY PARKSIDE TOWNHOME! PARK & GREENBELT VIEW. CLUB HOUSE & POOL. IN AWARD WINNING SCHOOL DISTRICT. SPACIOUS MASTER SUITE WITH GREENBELT & HUGE WALK-IN CLOSET! NEW WOOD FLOORING, RECESSED LIGHTS. FORMAL DINNING ROOM. WOOD FLOORING THROUGHOUT, RECESSED LIGHTING ON CEILING, CENTRAL A/C. ENJOYING AMPLE ATMOSPHERE AT BREAKFAST NOOK DIRECT ACCESS THE WELL MAINTAIN BACKYARD. PRIVATE PATIO! OPEN KITCHEN WITH BEAUTIFUL MAPLE WOOD CABINETS, GRANITE COUNTERTOP, BACKSPLASH, FANCY HOOD, STOVE. 2 GOOD SIZE BEDROOMS ON THE 2ND FLOOR. UPGRADED BATHROOM WITH CLEAN CABINETS. 2 CARS ATTACHED ROLL-UP GARAGE WITH 2 MORE PARKING SPACE JUST BEHIND OF UNIT. QUIET LOCATION! LOW HOA FEE. NEARBY PARK, CLOSE TO ABC ADULT SCHOOL & SHOPPING. GOOD TRANSPORTATION, EASY ACCESS TO FWY (91, 605, 5) HURRY UP WITH YOUR OFFERS THIS PROPERTY WILL NOT LAST. DON'T MISS THE OPPORTUNITY TO OWN THIS SWEET HOME IN THE NICE & QUIET PARKSIDE COMMUNITY!

Last Agent to Sell the Property

Steve Park

Pacific Investment Group License #01210926 Listed on: 08/21/2021

Last Buyer's Agent

Steve Park

Pacific Investment Group License #01210926 Listed on: 08/21/2021

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,540

Year Built

  • Built in 1976

Lot Details

  • Two or More Common Walls
  • Lawn
  • Garden

HOA Fees

  • $316 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Rear-Facing Garage
  • Gated Parking
  • Guest Parking
  • Parking Lot
  • Assigned Parking

Property Views

  • Woods
  • Park or Greenbelt
  • Pool

Home Design

  • Turnkey
  • Composition Roof

Interior Spaces

  • 1,656 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • Recessed Lighting
  • Family Room Off Kitchen
  • Combination Dining and Living Room
  • Laminate Flooring

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Gas Cooktop
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

Outdoor Features

  • Spa
  • Covered Patio or Porch

Utilities

  • Central Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Tax Lot 79
  • Tax Tract Number 29964
  • Assessor Parcel Number 7010022020
  • $393 per year additional tax assessments

Community Details

Overview

  • Master Insurance
  • 16 Units
  • Parkside Cerritos HOA, Phone Number (714) 375-6634
  • Certified HOA Mgmt. HOA
  • Greenbelt

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Community Spa
  • Park

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,540

Year Built

Built in 1976

Lot Details

0

HOA Fees

$316 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Other Phone Description: 7143292429
  • Other Phone Number: 7143292429
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • View: Yes
  • Zoning: CEADP3
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7010022020
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1656.00 Square Feet
  • Interior Amenities: Crown Molding, Granite Counters, Recessed Lighting
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Breakfast Nook, Family Kitchen, In Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 413.65
  • Room Type: All Bedrooms Up, Kitchen, Living Room, Master Bathroom, Master Bedroom, Walk-In Closet
  • Spa Features: Association
  • Bathroom Features: Bathtub, Shower In Tub, Granite Counters, Remodeled, Upgraded
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Park/Greenbelt, Pool, Trees/Woods
  • Patio And Porch Features: Concrete, Covered
  • Pool Features: Association
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Direct Garage Access, Garage, Garage Faces Rear, Gated, Guest, Parking Space
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Cooktop, Water Heater
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Clubhouse, Insurance
  • Association Fee: 316.00
  • Association Fee Frequency: Monthly
  • Association Name: Parkside Cerritos HOA
  • Phone: 714-375-6634
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Park
  • Association Management: Certified HOA MGMT.

Schools

  • School District: ABC Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Garden, Greenbelt, Lawn
  • Lot Size Sq Ft: 1800.00
  • Lot Size Acres: 0.0413

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1800.0000 Square Feet
  • Number Of Units In Community: 16
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5545.13
  • Tax Lot: 79
  • Tax Tract Number: 29964
  • TaxOtherAnnualAssessmentAmount: 393.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2021
Closed on
Oct 18, 2021
Sold by
Min Janette C
Bought by
Atalla Isaac
Seller's Agent
Steve Park
Pacific Investment Group
Buyer's Agent
Steve Park
Pacific Investment Group
List Price
$729,999
Sold Price
$685,000
Premium/Discount to List
-$44,999
-6.16%
Current Estimated Value
$889,424

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,424
Avg. Annual Appreciation
6.89%
Original Mortgage
$543,000
Outstanding Balance
$495,165
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$394,259

Purchase Details

Closed on
Jan 31, 2011
Sold by
Min Kyong Bae
Bought by
Min Janette C

Purchase Details

Closed on
Nov 2, 2010
Sold by
U S Bank National Association
Bought by
Min Kyong Bae and Min Janette C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,800
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2010
Sold by
Kim Yong Hoon
Bought by
U S Bank National Association

Purchase Details

Closed on
Jul 13, 2005
Sold by
Kim Eun Shil
Bought by
Kim Yong Hoon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$426,400
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 28, 2005
Sold by
Pak Kyung I and Pak Jennifer K
Bought by
Kim Yong Hoon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$426,400
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 24, 2004
Sold by
Pak Kyung I
Bought by
Pak Kyung I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,500
Interest Rate
6.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2003
Sold by
Pak Jennifer
Bought by
Pak Kyung I

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
7.85%

Purchase Details

Closed on
Apr 8, 1996
Sold by
Pak Kyung In
Bought by
Pak Kyung I and Pak Jennifer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.41%

Purchase Details

Closed on
May 20, 1994
Sold by
Lee Yong Soo and Lee Hyun Ji
Bought by
Pak Kyung In

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
8.61%
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
Atalla Isaac $685,000 Chicago Title
Min Janette C -- None Available
Min Kyong Bae $364,000 Landsafe Title Of Ca Inc
U S Bank National Association $364,050 Landsafe Title
Kim Yong Hoon -- Fidelity National Title
Kim Yong Hoon $533,000 --
Pak Kyung I -- Ticor Title Co Glendale
Pak Kyung I -- Investors Title Company
Pak Kyung I -- Universal Title
Pak Kyung In $160,000 North American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Atalla Isaac $543,000
Previous Owner Min Kyong Bae $254,800
Previous Owner Kim Yong Hoon $426,400
Previous Owner Pak Kyung I $197,500
Previous Owner Pak Kyung I $189,000
Previous Owner Pak Kyung I $25,000
Previous Owner Pak Kyung In $152,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2021 10/26/21 Sold $685,000 -2.0% $414 / Sq Ft
09/29/2021 09/29/21 Pending -- -- --
09/13/2021 09/13/21 Price Changed $699,000 -4.2% $422 / Sq Ft
08/31/2021 08/31/21 For Sale $729,999 +6.6% $441 / Sq Ft
08/25/2021 08/25/21 Off Market $685,000 -- --
08/21/2021 08/21/21 For Sale $729,999 -- $441 / 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 $8,540 $726,926 $475,739 $251,187
2024 $8,540 $712,673 $466,411 $246,262
2023 $8,255 $698,700 $457,266 $241,434
2022 $8,129 $685,000 $448,300 $236,700
2021 $5,234 $430,827 $231,865 $198,962
2019 $5,112 $418,050 $224,989 $193,061
2018 $4,765 $409,854 $220,578 $189,276
2016 $4,570 $393,940 $212,013 $181,927
2015 $4,511 $388,024 $208,829 $179,195
2014 $4,422 $380,424 $204,739 $175,685
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS21179978

California Regional Multiple Listing Service (CRMLS)

APN: 7010-022-020