NOT LISTED FOR SALE

16620 Eric Ave Cerritos, CA 90703

Estimated Value: $729,000 - $791,578

3 Beds
3 Baths
997 Sq Ft
$762/Sq Ft Est. Value

Last Sold April 07, 2024

Last sale price $685,000 $687 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,611/month

14 Days on Market

Highlights

  • Granite Countertops
  • No HOA
  • Laundry Room
  • Ross (Faye) Middle School Rated A-
  • Cul-De-Sac
  • Central Heating and Cooling System

About This Home

As of April 2024

Welcome to this bright and spacious 3-bedroom, 3-bath home built in 2005 nestled on a quiet cul-de-sac in Artesia, boasting desirable features throughout and feeding to the ABC school district. The inviting kitchen is equipped with a gas range, granite countertops, dishwasher, and recessed lighting. The garage has been cleverly converted into a family room, adding versatile living space. Enjoy the convenience of tile flooring on the ground floor and laminate flooring on the stairs and entire upper level. The generously sized master bedroom includes an attached bathroom, while two additional bedrooms share a common restroom upstairs. Outside, a well-maintained driveway offers parking for two cars, and there's a backyard with washer and dryer hookups. With central heat and air conditioning, this home ensures year-round comfort. Plus, its proximity to Cerritos College, the 91 and 605 Freeways, and nearby shopping centers make it an ideal location. Don't miss the opportunity to explore the potential for additional income with the garage's potential conversion into an ADU. This home truly offers both comfort and convenience in the heart of Artesia

Last Agent to Sell the Property

Odai Peri

C-21 Classic Estates Brokerage Phone: 5627168801 License #01141428 Listed on: 02/22/2024

Last Buyer's Agent

Surendra Sapkota

Sapkota Realty Inc. License #01965507

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2005

Lot Details

  • 1,562 Sq Ft Lot
  • Cul-De-Sac
  • Property is zoned LCR1*

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 997 Sq Ft Home
  • 2-Story Property
  • Laminate Flooring

Kitchen

  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 57
  • Tax Tract Number 5546
  • Assessor Parcel Number 7016016060
  • $505 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 2005

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LCR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7016016060
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 997.00 Square Feet
  • Interior Amenities: Granite Counters
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 687.06
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Central
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 1562.00
  • Lot Size Acres: 0.0359

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1562.0000 Square Feet
  • Number Of Units Total: 6

Tax Info

  • Tax Census Tract: 5546.00
  • Tax Lot: 57
  • Tax Tract Number: 5546
  • TaxOtherAnnualAssessmentAmount: 505.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 22, 2024
Closed on
Mar 6, 2024
Sold by
Abayaratna Pragna K
Bought by
Chaudhary Bijay and Shah Pawani
Seller's Agent
Odai Peri
C-21 Classic Estates
Buyer's Agent
Surendra Sapkota
Sapkota Realty Inc.
List Price
$685,000
Sold Price
$685,000
Views
142
Current Estimated Value
$760,145

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$75,145
Avg. Annual Appreciation
6.20%
Original Mortgage
$630,200
Outstanding Balance
$619,216
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$140,929

Purchase Details

Closed on
Mar 8, 2007
Sold by
Shah Parimal
Bought by
Abayaratna Pragna K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 7, 2007
Sold by
Abayaratna Hiranthi U
Bought by
Abayaratna Pragna K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$376,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 18, 2006
Sold by
Eric Street Cerritos Llc
Bought by
Shah Parimal and Shah Kalpana

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$308,750
Interest Rate
7.06%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 1, 2003
Sold by
Shah Parimal
Bought by
Eric Street Cerritos Llc

Purchase Details

Closed on
Mar 6, 2003
Sold by
Shah Kalpana
Bought by
Shah Parimal

Purchase Details

Closed on
Mar 4, 2003
Sold by
Gonzalez Gilberto
Bought by
Maya Isabel

Purchase Details

Closed on
Jul 5, 2001
Sold by
Whimpey Ryan Paul
Bought by
Gonzalez Gilberto and Maya Isabel

Purchase Details

Closed on
Jul 8, 1999
Sold by
Gonzalez Fernando
Bought by
Gonzalez Gilberto and Maya Isabel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$156,708
Interest Rate
7.63%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chaudhary Bijay $685,000 Wfg National Title
Abayaratna Pragna K $470,000 Ticor Title Company Of Ca
Abayaratna Pragna K -- Ticor Title Company Of Ca
Shah Parimal -- Orange Coast Title
Eric Street Cerritos Llc -- --
Shah Parimal -- Fidelity
Maya Isabel -- Fidelity
Gonzalez Gilberto -- Fidelity
Gonzalez Gilberto $158,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaudhary Bijay $630,200
Previous Owner Abayaratna Pragna K $376,000
Previous Owner Shah Parimal $308,750
Previous Owner Gonzalez Gilberto $156,708
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/07/2024 04/07/24 Sold $685,000 0.0% $687 / Sq Ft
02/22/2024 02/22/24 For Sale $685,000 0.0% $687 / Sq Ft
08/21/2019 08/21/19 Rented $2,500 0.0% --
08/08/2019 08/08/19 For Rent $2,500 +33.3% --
04/03/2017 04/03/17 Rented $1,875 0.0% --
03/03/2017 03/03/17 Price Changed $1,875 -5.1% $2 / Sq Ft
02/23/2017 02/23/17 For Rent $1,975 -- --
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 $7,539 $698,700 $546,006 $152,694
2024 $7,539 $617,336 $439,231 $178,105
2023 $7,289 $605,232 $430,619 $174,613
2022 $7,177 $593,366 $422,176 $171,190
2021 $6,228 $512,000 $363,600 $148,400
2019 $6,007 $490,000 $348,000 $142,000
2018 $5,282 $450,000 $320,000 $130,000
2016 $4,623 $390,500 $277,900 $112,600
2015 $4,079 $340,000 $242,000 $98,000
2014 $4,071 $340,000 $242,000 $98,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS24036364

California Regional Multiple Listing Service (CRMLS)

APN: 7016-016-060