NOT LISTED FOR SALE

16625 Gridley Rd Unit 4 Cerritos, CA 90703

Cerritos Area

Estimated Value: $604,666

2 Beds
3 Baths
1,146 Sq Ft
1.91 Acre Lot

Sale Details

Date Sold: June 3, 2021

Last sale price $550,000 $480 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $4,448 / mo

1 Day on Market

Highlights

  • Gated Parking
  • 1.91 Acre Lot
  • Granite Countertops
  • Ross Academy of Creative and Media Arts Middle School Rated A-
  • High Ceiling
  • Community Pool

About This Home

As of June 2021

MOVE-IN READY town home located in the gated community Fairway in Cerritos. This floor plan offers two spacious bedrooms, and two and a half bathrooms. On the first level, you will find the spacious living room and family room with views to the large front patio and courtyard which leads to spacious two car garage. The kitchen offers plenty of cabinetry as well as a separated dining area. The half bath can also be found on the first level. Both bedrooms can be found on the second level. The master suite features full bath, high ceiling, and spacious wall-wide closet. Another room also features full bath and good size closet. With access to all of the great HOA amenities such as the community pool, the HOA covers water and trash!! The property is located near the 91 freeways, all the restaurants, and Cerritos Shopping Center! This home is a must-see!

Last Agent to Sell the Property

Grace Pak

T.N.G. Real Estate Consultants License #02045082 Listed on: 04/21/2021

T.N.G. Real Estate Consultants

Co-Listed By

Kristi Leggitt

T.N.G. Real Estate Consultants License #01404989

Last Buyer's Agent

Jennifer San Juan

Lotus Group Real Estate License #01773202

Lotus Group Real Estate

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Condominium

Year Built

  • Built in 1979

Lot Details

  • 1.91

HOA Fees

  • $400 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Gated Parking

Interior Spaces

  • 1,146 Sq Ft Home
  • High Ceiling
  • Recessed Lighting
  • Living Room with Fireplace
  • Dining Room
  • Laundry in Garage

Kitchen

  • Breakfast Bar
  • Gas Range
  • Microwave
  • Dishwasher
  • Granite Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

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

Outdoor Features

  • Balcony
  • Exterior Lighting

Additional Features

  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 34268
  • Assessor Parcel Number 7016015111

Community Details

Overview

  • 50 Units
  • Fairway Association, Phone Number (714) 285-2626
  • The Management Trust Southern California HOA

Amenities

  • Laundry Facilities

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1979

Lot Details

1.91 Acres

HOA Fees

$400 per month

Parking

2

Listing Details

  • Standard Status: Closed
  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Zoning: LCR2*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7016015111
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1146.00 Square Feet
  • Interior Amenities: Balcony, Granite Counters, High Ceilings, Recessed Lighting
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 479.93
  • Room Type: All Bedrooms Up
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Gated
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave
  • 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
  • Association Fee: 400.00
  • Association Fee Frequency: Monthly
  • Association Name: Fairway
  • Phone: 7142852626
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Street Lights
  • Association Management: The Management Trust Southern California

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 83110.00
  • Lot Size Acres: 1.9079

Multi Family

  • Lease Considered: No
  • Lot Size Area: 83110.0000 Square Feet
  • Number Of Units In Community: 50
  • Number Of Units Total: 50

Tax Info

  • Tax Census Tract: 5546.00
  • Tax Lot: 1
  • Tax Tract Number: 34268

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2021
Closed on
May 3, 2021
Sold by
Kim Mia Y
Bought by
Seller's Agent
Grace Pak
T.N.G. Real Estate Consultants
Buyer's Agent
Jennifer San Juan
Lotus Group Real Estate
List Price
$499,000
Sold Price
$550,000
Premium/Discount to List
$51,000
10.22%
Current Estimated Value
$604,666

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$54,666
Avg. Annual Appreciation
1.80%
Original Mortgage
$522,500
Outstanding Balance
$461,573
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$143,093

Purchase Details

Closed on
Jan 26, 2006
Sold by
Kim Laesik
Bought by
Kim Mia Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2005
Sold by
Kim Soo Jung
Bought by
Kim Mia Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.28%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 1999
Sold by
Lim Ik S
Bought by
Kim Soo Jung

Purchase Details

Closed on
Mar 8, 1999
Sold by
Kim Thomas
Bought by
Kim Soo Jung

Purchase Details

Closed on
Sep 14, 1994
Sold by
Chang Kyung Ja
Bought by
Kim Thomas
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Cerritos, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Stewart Title
Kim Mia Y $375,000 Stewart Title
Kim Soo Jung -- South Coast Title
Kim Soo Jung -- --
Kim Thomas -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $300,000
Previous Owner Kim Soo Jung $111,750
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/03/2021 06/03/21 Sold $550,000 +10.2% $480 / Sq Ft
05/16/2021 05/16/21 For Sale $499,000 0.0% $435 / Sq Ft
04/22/2021 04/22/21 Pending -- -- --
04/21/2021 04/21/21 For Sale $499,000 -- $435 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $7,291 $607,243 $276,020 $331,223
2025 $7,291 $595,337 $270,608 $324,729
2024 $7,071 $583,664 $265,302 $318,362
2023 $6,837 $572,220 $260,100 $312,120
2022 $6,810 $561,000 $255,000 $306,000
2021 $5,080 $410,000 $268,300 $141,700
2020 $5,389 $437,000 $286,000 $151,000
2019 $5,232 $421,500 $275,400 $146,100
2018 $4,329 $363,000 $237,200 $125,800
2016 $3,986 $333,000 $217,900 $115,100
2015 $3,990 $333,000 $217,900 $115,100
2014 $2,896 $232,400 $152,100 $80,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21084734

California Regional Multiple Listing Service (CRMLS)

APN: 7016-015-111

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