NOT LISTED FOR SALE

16625 Gridley Rd Unit 11 Cerritos, CA 90703

Estimated Value: $560,000 - $723,000

2 Beds
3 Baths
1,175 Sq Ft
1.91 Acres

Last Sold October 19, 2012

Last sale price $225,000 $191 Per Sq Ft

Est. 183% increase in value since last sale

Current estimated payment $3,676/month

Highlights

  • Spa
  • Gated Community
  • Cathedral Ceiling
  • Ross (Faye) Middle School Rated A-
  • 1.91 Acre Lot
  • Eat-In Kitchen

About This Home

As of March 2013

GATED WONDERFUL COMMUNITY, GORGEOUS UPGRADED/NEWLY PROFESSIONAL PAINTED 2 BR JACK & JILL BATHS HOME, INTERIOR LOCATION. 2 CAR GARAGE WITH LAUNDRY INSIDE, DIRECT ACCESS FROM OWN CUTE COURT YARD TO HOME SWEET HOME. LAMINATED WOOD FLOOR IN FAMILY ROOM. TRAVERTINE TILES IN KITCHEN, TILE FLOORINGS in ALL BATH ROOMS. WOOD SHUTTERS WINDOW IN LR . NEWER STAINLESS STEEL APPLIANCES! BRAND NEW CENTRAL AIR & HEAT SYSTEM. SPACIOUS MASTER BR HAS HIGH CEILING, BALCONY OVERLOOKING THE GREEN BELT. LANDLORD PAYS FOR HOA FEES WHICH COVER WATER, TRASH, COMMUNITY POOL/SPA, COMMON AREA & GATE ACCESS. WONDEFUL ABC SCHOOL DISTRICT, WALKING DISTANCE TO CERRITOS COLLEGE & MORE..... GREAT LOCATION & MINUTES FROM FW. 605, FW. 91. ENJOY THIS HOME SWEET HOME!!!

Last Agent to Rent the Property

Jill Wang

C-21 Astro License #01080899 Listed on: 01/03/2013

Last Renter's Agent

Roma Concepcion

C-21 Astro License #01718318

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,656

Year Built

  • Built in 1979

Lot Details

  • 1.91

Parking

  • 2 Car Garage

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Copper Plumbing

Interior Spaces

  • 1,175 Sq Ft Home
  • Cathedral Ceiling
  • Living Room with Fireplace
  • Gas And Electric Dryer Hookup

Kitchen

  • Eat-In Kitchen
  • Gas Oven or Range
  • Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Stone
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms

Home Security

Additional Features

  • Spa
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $2,000
  • Rent includes association dues, gardener, pool, trash collection, water
  • 12-Month Minimum Lease Term
  • Tax Lot 1
  • Tax Tract Number 34268
  • Assessor Parcel Number 7016015118

Community Details

Overview

  • 36 Units
  • Greenbelt

Recreation

  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed
  • Pet Deposit $500

Security

  • Gated Community
  • Carbon Monoxide Detectors

Condo Details

Home Type

Condominium

Est. Annual Taxes

$3,656

Year Built

Built in 1979

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 200
  • Deposit Pets: 500
  • Deposit Security: 2000
  • Furnished: Unfurnished
  • Pets Allowed: Call

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Gated Community
  • Subdivision Name Other: 8
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 7016015118
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1175.00
  • Interior Amenities: Cathedral Ceiling(s), Copper Plumbing Full
  • Flooring: Laminate, Carpet, Stone, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • One Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 1.45
  • Room Type: All Bedrooms Up
  • Spa Features: Association

Exterior Features

  • Patio: No
  • Fence: No
  • Pool Features: Association
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Brick

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: No
  • Heating: No
  • Laundry: No
  • Appliances: Built-In, Dishwasher, Gas Cooking, Range
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Amenities: Pool, Sewer, Spa/Hot Tub, Trash, Water
  • Senior Community: No

Schools

  • School District: ABC Unified

Lot Info

  • Lot Features: Greenbelt
  • Lot Size Sq Ft: 83122.00
  • Lot Size Acres: 1.9080

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 83122.0000 Square Feet
  • Number Of Units In Community: 36
  • Number Of Units Total: 36
  • Rent Includes: Association Dues, Gardener, Pool, Trash Collection, Water

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 34268

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2011
Closed on
Sep 28, 2012
Sold by
Pham Michael
Bought by
King Arthur and King Betty Y
Seller's Agent
ELAINE HUA
EASTVALE CAPITAL INVESTMENT
Buyer's Agent
Jill Wang
C-21 Astro
List Price
$235,000
Sold Price
$225,000
Premium/Discount to List
-$10,000
-4.26%
Current Estimated Value
$637,763

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$412,763
Avg. Annual Appreciation
8.34%

Purchase Details

Closed on
Apr 3, 2006
Sold by
Mosman Michael and Mosman Eileen
Bought by
Pham Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,200
Interest Rate
6.41%
Mortgage Type
Fannie Mae Freddie Mac
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
King Arthur $229,000 Western Resources Title
Pham Michael $419,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pham Michael $335,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2013 03/15/13 Rented $1,700 -9.3% --
03/05/2013 03/05/13 Under Contract -- -- --
01/03/2013 01/03/13 For Rent $1,875 0.0% --
10/19/2012 10/19/12 Sold $225,000 -4.3% $191 / Sq Ft View Prior Sale
07/13/2012 07/13/12 Pending -- -- --
06/29/2012 06/29/12 For Sale $235,000 +4.4% $200 / Sq Ft
03/07/2012 03/07/12 Off Market $225,000 -- --
12/13/2011 12/13/11 Price Changed $235,000 -4.1% $200 / Sq Ft
12/07/2011 12/07/11 Price Changed $245,000 0.0% $209 / Sq Ft
12/07/2011 12/07/11 For Sale $245,000 +8.9% $209 / Sq Ft
08/17/2011 08/17/11 Off Market $225,000 -- --
08/16/2011 08/16/11 For Sale $200,000 -- $170 / 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 $3,656 $281,984 $98,139 $183,845
2024 $3,656 $276,456 $96,215 $180,241
2023 $3,542 $271,036 $94,329 $176,707
2022 $3,486 $265,723 $92,480 $173,243
2021 $3,404 $260,514 $90,667 $169,847
2019 $3,327 $252,789 $87,979 $164,810
2018 $3,089 $247,833 $86,254 $161,579
2016 $2,962 $238,210 $82,905 $155,305
2015 $2,924 $234,633 $81,660 $152,973
2014 $2,872 $230,038 $80,061 $149,977
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: R1206321

California Regional Multiple Listing Service (CRMLS)

APN: 7016-015-118