NOT LISTED FOR SALE

16731 Eric Ave Cerritos, CA 90703

Estimated Value: $775,000 - $1,081,000

3 Beds
2.5 Baths
1,764 Sq Ft
$519/Sq Ft Est. Value

Last Sold September 28, 2012

Last sale price $295,000 $167 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $5,168/month

54 Days on Market

Highlights

  • Contemporary Architecture
  • 2 Car Direct Access Garage
  • Fireplace
  • Ross (Faye) Middle School Rated A-
  • Family Room Off Kitchen
  • Forced Air Heating and Cooling System

About This Home

As of September 2012

great location, near by 605 & 91 fwy. ABC School District. Remodeled kitchen, wood floor, bigh ceiling, sky light, walking closet, cul-de-sac, very quiet area.

Last Agent to Sell the Property

Young Kim

Koinos Real Estate Group License #01886738 Listed on: 05/09/2012

Last Buyer's Agent

Julie Ahn

IRN Realty License #01875992

IRN Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1989

Lot Details

  • 3,125 Sq Ft Lot

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Pre-Cast Concrete Construction

Interior Spaces

  • 1,764 Sq Ft Home
  • Fireplace
  • Family Room Off Kitchen
  • Laminate Flooring

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Legal Lot and Block 28 / 19
  • Assessor Parcel Number 7016014066

Home Details

Home Type

Single Family

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7016014066
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1764.00
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Family Kitchen
  • Levels: Two
  • Price Per Square Foot: 167.23
  • Room Type: All Bedrooms Up

Exterior Features

  • Patio: No
  • Fence: No
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Concrete

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: No
  • Heating: Yes
  • Laundry: No
  • Heating Type: Forced Air
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease Purchase: No
  • Lot Size Sq Ft: 3125.00
  • Lot Size Acres: 0.0720

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3125.0000 Square Feet

Tax Info

  • Tax Block: 19
  • Tax Lot: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2012
Closed on
Sep 12, 2012
Sold by
Park Jean
Bought by
Kim Soon Deog
Seller's Agent
Young Kim
Koinos Real Estate Group
Buyer's Agent
Julie Ahn
IRN Realty
List Price
$305,000
Sold Price
$295,000
Premium/Discount to List
-$10,000
-3.28%
Current Estimated Value
$915,397

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$620,397
Avg. Annual Appreciation
8.91%
Original Mortgage
$221,250
Outstanding Balance
$153,240
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$762,157

Purchase Details

Closed on
Feb 19, 2004
Sold by
Park Victor
Bought by
Park Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 22, 2003
Sold by
Choi Ellen
Bought by
Park Victor and Park Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$318,750
Interest Rate
3.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2003
Sold by
Choi Ellen
Bought by
Choi Ellen and Choi Jae W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.79%

Purchase Details

Closed on
Dec 7, 1998
Sold by
Choi Jean
Bought by
Choi Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,000
Interest Rate
6.78%

Purchase Details

Closed on
Jul 26, 1994
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Choi Jean and Choi Ellen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,100
Interest Rate
5.62%
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
Kim Soon Deog $295,000 Provident Title Company
Park Jean -- New Century Title
Park Victor -- --
Choi Ellen -- Gateway
Choi Ellen -- Fidelity National Title Ins
Choi Jean $160,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Soon Deog $221,250
Previous Owner Park Jean $318,750
Previous Owner Choi Ellen $180,000
Previous Owner Choi Ellen $145,000
Previous Owner Choi Jean $143,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/28/2012 09/28/12 Sold $295,000 0.0% $167 / Sq Ft
07/02/2012 07/02/12 Pending -- -- --
06/30/2012 06/30/12 Off Market $295,000 -- --
06/30/2012 06/30/12 For Sale $305,000 +3.4% $173 / Sq Ft
05/20/2012 05/20/12 Off Market $295,000 -- --
05/20/2012 05/20/12 For Sale $305,000 +3.4% $173 / Sq Ft
05/10/2012 05/10/12 Off Market $295,000 -- --
05/09/2012 05/09/12 For Sale $305,000 -- $173 / 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 $4,639 $363,259 $191,604 $171,655
2024 $4,639 $356,138 $187,848 $168,290
2023 $4,492 $349,156 $184,165 $164,991
2022 $4,422 $342,310 $180,554 $161,756
2021 $4,314 $335,599 $177,014 $158,585
2019 $4,216 $325,646 $171,764 $153,882
2018 $3,923 $319,262 $168,397 $150,865
2016 $3,758 $306,866 $161,859 $145,007
2015 $3,709 $302,257 $159,428 $142,829
2014 $3,639 $296,338 $156,306 $140,032
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S697403

California Regional Multiple Listing Service (CRMLS)

APN: 7016-014-066