NOT LISTED FOR SALE

16625 Eric Ave Cerritos, CA 90703

Estimated Value: $752,000 - $775,025

3 Beds
3 Baths
991 Sq Ft
$766/Sq Ft Est. Value

Last Sold August 21, 2023

Last sale price $645,000 $651 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,626/month

15 Days on Market

Highlights

  • No HOA
  • Cul-De-Sac
  • Laundry Room
  • Ross (Faye) Middle School Rated A-
  • 2 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of August 2023

This Beautiful Home is Located in a Prime Location, in just walking Distance to Cerritos College and Conveniently Close to the 91 & 605 Fwy. 3 Bedrooms, 2.5 Bathrooms, a 2 Car Attached Garage, and it was Built in 2008. On the Main Floor You will Find a Living Room with French Doors that Lead to the Backyard. In Addition, there is a Kitchen and a Half Bathroom. Kitchen Features Include Laminate Flooring, Cabinetry with Quartz Countertops. On the Top Floor You Will Find the Main Bedroom with Main Bathroom, 2 Additional Bedrooms, and a Full Bathroom Off the Hallway. There are Laminate Floors Throughout, Central A/C and Heat, Recessed Lights, Tankless Water Heater, and Washer and Dryer Hook-Ups are in the Garage. Due to its Prime Location this Home can be excellent for an investor to use it as an income generating property.

Last Agent to Sell the Property

Rigo Gaxiola

Century 21 Allstars License #01368939 Listed on: 06/26/2023

Century 21 Allstars

Last Buyer's Agent

Cindy De Los Santos

Coldwell Banker Envision License #01525692

Coldwell Banker Envision

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2008

Lot Details

  • 1,563 Sq Ft Lot
  • Cul-De-Sac
  • Property is zoned LCR1*

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 991 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 43
  • Tax Tract Number 1609
  • Assessor Parcel Number 7016014069
  • $493 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 2008

Lot Details

0

Parking

2

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: 7016014069
  • Year Built: 2008
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 991.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 650.86
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 1563.00
  • Lot Size Acres: 0.0359

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1563.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5546.00
  • Tax Lot: 43
  • Tax Tract Number: 1609
  • TaxOtherAnnualAssessmentAmount: 493.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2023
Closed on
Aug 15, 2023
Sold by
Gomez Elizabeth
Bought by
Cheng Jerry and Sin Vouchmeng
Seller's Agent
Rigo Gaxiola
Century 21 Allstars
Buyer's Agent
Cindy De Los Santos
Coldwell Banker Envision
List Price
$635,000
Sold Price
$645,000
Premium/Discount to List
$10,000
1.57%
Views
221
Current Estimated Value
$759,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,256
Avg. Annual Appreciation
7.19%
Original Mortgage
$633,317
Outstanding Balance
$618,265
Interest Rate
6.81%
Mortgage Type
FHA
Estimated Equity
$140,991

Purchase Details

Closed on
May 7, 2023
Sold by
Martinez Alicia
Bought by
Gomez Elizabeth

Purchase Details

Listed on
Sep 5, 2014
Closed on
Nov 12, 2014
Sold by
R R K A Llc
Bought by
Liu Scott P and Lai Connie Y
Seller's Agent
Joe Mathai
Prime California Realty
Buyer's Agent
Eric Britton
Compass
List Price
$409,000
Sold Price
$340,000
Premium/Discount to List
-$69,000
-16.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.58%
Original Mortgage
$262,400
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 4, 2011
Sold by
Yohannan Asha B
Bought by
R R K A Llc

Purchase Details

Closed on
May 30, 2008
Sold by
Wicks Investments
Bought by
Yohannan Asha B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cheng Jerry $645,000 Stewart Title
Gomez Elizabeth -- None Listed On Document
Liu Scott P $340,000 Chicago Title Company
R R K A Llc $250,500 Chicago Title Company
Yohannan Asha B $400,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng Jerry $633,317
Previous Owner Liu Scott P $262,400
Previous Owner Yohannan Asha B $340,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/21/2023 08/21/23 Sold $645,000 +1.6% $651 / Sq Ft
07/11/2023 07/11/23 Pending -- -- --
06/26/2023 06/26/23 For Sale $635,000 +27.7% $641 / Sq Ft
01/28/2021 01/28/21 Sold $497,212 +4.7% $502 / Sq Ft View Prior Sale
01/20/2021 01/20/21 Pending -- -- --
01/14/2021 01/14/21 For Sale $475,000 0.0% $479 / Sq Ft
12/22/2020 12/22/20 Pending -- -- --
12/16/2020 12/16/20 For Sale $475,000 +39.7% $479 / Sq Ft
12/30/2014 12/30/14 Sold $340,000 -8.1% $343 / Sq Ft View Prior Sale
11/06/2014 11/06/14 Pending -- -- --
10/31/2014 10/31/14 Price Changed $370,000 -4.6% $373 / Sq Ft
09/15/2014 09/15/14 Price Changed $388,000 -5.1% $392 / Sq Ft
09/05/2014 09/05/14 For Sale $409,000 -- $413 / 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 $7,773 $657,900 $485,010 $172,890
2024 $7,773 $645,000 $475,500 $169,500
2023 $7,650 $637,500 $443,700 $193,800
2022 $7,533 $625,000 $435,000 $190,000
2021 $4,780 $383,055 $230,611 $152,444
2020 $4,741 $379,128 $228,247 $150,881
2019 $4,670 $371,695 $223,772 $147,923
2018 $4,359 $364,408 $219,385 $145,023
2016 $4,187 $350,260 $210,867 $139,393
2015 $4,133 $345,000 $207,700 $137,300
2014 $3,170 $256,669 $101,335 $155,334
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW23114093

California Regional Multiple Listing Service (CRMLS)

APN: 7016-014-069