NOT LISTED FOR SALE

16701 Eric Ave Cerritos, CA 90703

Estimated Value: $625,000 - $694,000

2 Beds
1 Bath
775 Sq Ft
$834/Sq Ft Est. Value

Last Sold August 02, 2019

Last sale price $399,000 $515 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $3,804/month

9 Days on Market

Highlights

  • No HOA
  • 1 Car Attached Garage
  • Living Room
  • Ross (Faye) Middle School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Laundry Room

About This Home

As of August 2019

Cozy home in highly desirable neighborhood. Home features 2 bedrooms and 1 bath, original hardwood floors throughout, nice size backyard and newer roof. Bright and airy kitchen with gas stove. Property has a 1 car garage with a spacious driveway that can easily accommodate additional cars. Home is walking distance to Cerritos College and conveniently close to shopping, restaurants and freeways. Must see to appreciate!

Last Agent to Sell the Property

Marisol Navar

Redfin Corporation License #01235054 Listed on: 06/10/2019

Redfin Corporation

Last Buyer's Agent

Phouvy Ky

C-21 Astro License #01969238

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1950

Lot Details

  • 3,125 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LCR1*

Parking

  • 1 Car Attached Garage

Interior Spaces

  • 775 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Schools

  • Niemes Elementary School
  • Ross Middle School

Additional Features

  • Suburban Location
  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 41
  • Tax Tract Number 5546
  • Assessor Parcel Number 7016014054

Home Details

Home Type

Single Family

Year Built

Built in 1950

Lot Details

3,125 Sq Ft Lot

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Stove
  • Property Attached: No
  • View: No
  • Zoning: LCR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7016014054
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 775.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 514.84
  • Room Type: Kitchen, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • Elementary School: Niemes
  • Middle Or Junior School: Ross
  • Elementary School #2: NIEMES

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 3125.00
  • Lot Size Acres: 0.0717

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3125.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5546.00
  • Tax Lot: 41
  • Tax Tract Number: 5546.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2019
Closed on
Jul 18, 2019
Sold by
Yun Byung
Bought by
Montiel Bertha Elizabeth
Seller's Agent
Marisol Navar
Redfin Corporation
Buyer's Agent
Phouvy Ky
C-21 Astro
List Price
$399,000
Sold Price
$399,000
Current Estimated Value
$646,373

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$247,373
Avg. Annual Appreciation
7.66%
Original Mortgage
$379,050
Outstanding Balance
$331,945
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$314,428

Purchase Details

Listed on
May 14, 2014
Closed on
Jun 4, 2015
Sold by
Obayashi Jay T
Bought by
Yun Byung
Seller's Agent
Brent Houston
NextGEN Real Estate Corp
Buyer's Agent
PAUL GRUMBINE
List Price
$245,000
Sold Price
$305,000
Premium/Discount to List
$60,000
24.49%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.91%
Original Mortgage
$244,000
Interest Rate
3%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jun 21, 2007
Sold by
Obayashi Real Estate Holdings Llc
Bought by
Obayashi Jay T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,500
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 2, 2005
Sold by
Obayashi Jay Takeo
Bought by
Obayashi Real Estate Holdings Llc

Purchase Details

Closed on
Apr 29, 2003
Sold by
Trinh Cherry Rose
Bought by
Obayashi Jay Takeo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,790
Interest Rate
4.71%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 2002
Sold by
Jensen Kristen S and Jensen Family Trust
Bought by
Trinh Cherry Rose

Purchase Details

Closed on
Apr 21, 2002
Sold by
Jensen Kristen S and Jensen Family Trust
Bought by
Trinh Cherry Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.09%
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
Montiel Bertha Elizabeth $399,000 Lawyers Title
Yun Byung $305,000 Ticor Title
Obayashi Jay T -- Chicago Title Co
Obayashi Real Estate Holdings Llc -- --
Obayashi Jay Takeo $210,000 Investors Title Company
Trinh Cherry Rose $1,000 South Coast Title Company
Trinh Cherry Rose $150,000 South Coast Title Company
Trinh Cherry Rose -- South Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Montiel Bertha Elizabeth $379,050
Previous Owner Yun Byung $244,000
Previous Owner Obayashi Jay T $290,500
Previous Owner Obayashi Jay Takeo $188,790
Previous Owner Trinh Cherry Rose $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/02/2019 08/02/19 Sold $399,000 0.0% $515 / Sq Ft
06/19/2019 06/19/19 Pending -- -- --
06/10/2019 06/10/19 For Sale $399,000 +30.8% $515 / Sq Ft
07/28/2015 07/28/15 Sold $305,000 +5.2% $394 / Sq Ft View Prior Sale
02/17/2015 02/17/15 Pending -- -- --
02/04/2015 02/04/15 Price Changed $290,000 +18.4% $374 / Sq Ft
06/07/2014 06/07/14 For Sale $245,000 -19.7% $316 / Sq Ft
05/30/2014 05/30/14 Off Market $305,000 -- --
05/04/2014 05/04/14 For Sale $245,000 -- $316 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,381 $436,359 $349,089 $87,270
2024 $5,381 $427,804 $342,245 $85,559
2023 $5,206 $419,417 $335,535 $83,882
2022 $5,126 $411,194 $328,956 $82,238
2021 $5,007 $403,132 $322,506 $80,626
2019 $4,051 $323,666 $252,779 $70,887
2018 $3,763 $317,321 $247,823 $69,498
2016 $3,613 $305,000 $238,200 $66,800
2015 $3,127 $253,057 $174,613 $78,444
2014 $3,068 $248,101 $171,193 $76,908
Source: Public Records

Agents Affiliated with this Home

  • P

    Buyer's Agent in 2019

    Phouvy Ky

    C-21 Astro

  • B

    Seller's Agent in 2015

    Brent Houston

    NextGEN Real Estate Corp

  • B

    Seller Co-Listing Agent in 2015

    Brisa Cabrera

    F.A.I.R Plan Inc.

    Section Image

  • P

    Buyer's Agent in 2015

    PAUL GRUMBINE

  • J

    Buyer's Agent in 2015

    Jaime Morrell

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW19136410

California Regional Multiple Listing Service (CRMLS)

APN: 7016-014-054

California Los Angeles County Cerritos 90703

16701 Eric Ave, Cerritos, CA

Not Listed for Sale

Detached

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