NOT LISTED FOR SALE

16818 Chaparral Ave Cerritos, CA 90703

Estimated Value: $662,000 - $740,000

3 Beds
2 Baths
1,144 Sq Ft
$381/mo HOA Fee

Last Sold August 24, 2022

Last sale price $620,000 $542 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $4,804/month

19 Days on Market

Highlights

  • Spa
  • Updated Kitchen
  • Quartz Countertops
  • Ross (Faye) Middle School Rated A-
  • Contemporary Architecture
  • Eat-In Kitchen

About This Home

As of August 2022

A Charming Single Story 3Bedroom Unit Located in Excellent Neighborhood of Cerritos Villas Community. Beautifully Remodeled Kitchen and Baths with Quartz Counter Tops and Upgraded Cabinetry. Laminated Wood Flooring Interior, a Cozy and Private Patio, Raised Kitchen Ceiling and Much more Quality Features to Offer! 2 Side by Side Parking Garage is right behind the Unit! Laundry Area is between Patio and a Garage. Roof was replaced approximately 2 month ago, A/C was replaced approximately 2 years ago. Community is within a Block away from Cerritos Town Center with easy access to 91fwy!

Last Agent to Sell the Property

Shannon Sung

Giving Tree Realty Group Inc License #01290795 Listed on: 07/14/2022

Co-Listed By

Shawn Seong

Giving Tree Realty Group Inc License #01445914

Last Buyer's Agent

Martin Cueva

Advance Realty License #01103656

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,586

Year Built

  • Built in 1972 | Remodeled

Lot Details

  • Property fronts a private road
  • Two or More Common Walls

HOA Fees

  • $381 Monthly HOA Fees

Parking

  • 2 Car Garage
  • Parking Available
  • Side by Side Parking
  • Two Garage Doors
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Turnkey

Interior Spaces

  • 1,144 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Living Room
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Gas Oven
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom
  • Bathtub
  • Exhaust Fan In Bathroom

Home Security

Outdoor Features

  • Spa
  • Concrete Porch or Patio
  • Exterior Lighting

Schools

  • Juarez Elementary School
  • Ross Middle School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 22327
  • Assessor Parcel Number 7012008005

Community Details

Overview

  • Front Yard Maintenance
  • 520 Units
  • Cerritos Villas Association, Phone Number (714) 285-2626
  • The Management Trust HOA

Amenities

  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,586

Year Built

Built in 1972 | Remodeled

Lot Details

0

HOA Fees

$381 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: Private Road
  • Road Surface Type: Maintained
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: CERM
  • Architectural Style: Contemporary
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7012008005
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1144.00 Square Feet
  • Interior Amenities: Quartz Counters
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 541.96
  • Room Type: All Bedrooms Down, Kitchen, Living Room
  • Spa Features: Association
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Exhaust Fan(s), Remodeled, Upgraded
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Exterior Features: Lighting
  • Patio And Porch Features: Concrete
  • Pool Features: Association, Community
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Garage - Two Door, Garage Door Opener, Side by Side
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Phone Extension: 8819
  • Amenities: Pool, Spa/Hot Tub, Trash, Water, Maintenance Front Yard
  • Association Fee: 381.00
  • Association Fee Frequency: Monthly
  • Association Name: Cerritos Villas
  • Phone: 7142852626
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: The Management Trust

Schools

  • School District: ABC Unified
  • Elementary School: Juarez
  • Middle School: Ross
  • Elementary School: Juarez
  • Middle Or Junior School: Ross
  • Elementary School #2: JUAREZ

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 7020.00
  • Lot Size Acres: 0.1612

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7020.0000 Square Feet
  • Number Of Units In Community: 520
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5545.14
  • Tax Lot: 2
  • Tax Tract Number: 22327

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Aug 4, 2022
Sold by
Paul W Lee And Mi Ran Lee Revocable Trus
Bought by
Ruelas Alejandro and Noria Cristina
Seller's Agent
Shannon Sung
Giving Tree Realty Group Inc
Buyer's Agent
Martin Cueva
Advance Realty
List Price
$620,000
Sold Price
$620,000
Views
18
Current Estimated Value
$701,290

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$81,290
Avg. Annual Appreciation
2.81%
Original Mortgage
$570,000
Outstanding Balance
$546,414
Interest Rate
5.51%
Mortgage Type
Balloon
Estimated Equity
$127,983

Purchase Details

Closed on
Sep 5, 2017
Sold by
Lee Paul W
Bought by
Lee Paul W and Lee Mi Ran

Purchase Details

Closed on
Jul 11, 2017
Sold by
Cnf Llc
Bought by
Lee Paul W and Lee Mi Ran

Purchase Details

Closed on
Jan 26, 2015
Sold by
Becker Charles L
Bought by
Becker Charles L and Williams Sue Ellen

Purchase Details

Listed on
Oct 15, 2012
Closed on
Feb 26, 2013
Sold by
Lee Paul
Bought by
Cnf Llc
Seller's Agent
Shannon Sung
Giving Tree Realty Group Inc
Buyer's Agent
Shawn Seong
Giving Tree Realty Group Inc
List Price
$225,000
Sold Price
$230,000
Premium/Discount to List
$5,000
2.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.96%

Purchase Details

Listed on
Oct 15, 2012
Closed on
Feb 1, 2013
Sold by
Lee Moo Young
Bought by
Lee Paul and Lee Miran
Seller's Agent
Shannon Sung
Giving Tree Realty Group Inc
Buyer's Agent
Shawn Seong
Giving Tree Realty Group Inc
List Price
$225,000
Sold Price
$230,000
Premium/Discount to List
$5,000
2.22%

Purchase Details

Closed on
Jun 30, 2010
Sold by
Ahn Jung Mi
Bought by
Lee Moo Young

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 4, 2006
Sold by
Lee Carol
Bought by
Lee Moo Young

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$311,500
Interest Rate
7.21%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jun 26, 1998
Sold by
Lee Jag
Bought by
Lee Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,900
Interest Rate
6.75%

Purchase Details

Closed on
May 22, 1998
Sold by
Washington Mutual Bank Fa
Bought by
Lee Carol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,900
Interest Rate
6.75%

Purchase Details

Closed on
Nov 18, 1997
Sold by
Carraway Cynthia
Bought by
Washington Mutual Bank Fa and American Svgs Bank Fa

Purchase Details

Closed on
Nov 23, 1994
Sold by
American Svgs Bank Fa
Bought by
Carraway Cynthia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$112,375
Interest Rate
7.03%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 19, 1994
Sold by
N A Mtg Services Inc
Bought by
American Svgs Bank Fa and American Svgs Bank
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
Ruelas Alejandro $620,000 New Title Company Name
Lee Paul W -- None Available
Lee Paul W -- Accommodation
Becker Charles L -- None Available
Cnf Llc -- None Available
Lee Paul $230,000 First American Title
Lee Moo Young -- Chicago Title Company
Lee Moo Young $445,000 Chicago Title Co
Lee Carol -- Investors Title
Lee Carol $130,000 Investors Title Company
Washington Mutual Bank Fa $105,800 Stewart Title
Carraway Cynthia $125,000 Chicago Title Company
American Svgs Bank Fa $112,499 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruelas Alejandro $570,000
Previous Owner Lee Moo Young $322,500
Previous Owner Lee Moo Young $320,000
Previous Owner Lee Moo Young $311,500
Previous Owner Lee Carol $161,345
Previous Owner Lee Carol $70,000
Previous Owner Lee Carol $106,000
Previous Owner Lee Carol $103,900
Previous Owner Carraway Cynthia $112,375
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2022 08/24/22 Sold $620,000 0.0% $542 / Sq Ft
08/05/2022 08/05/22 For Sale $620,000 0.0% $542 / Sq Ft
08/02/2022 08/02/22 Pending -- -- --
08/01/2022 08/01/22 Off Market $620,000 -- --
07/21/2022 07/21/22 For Sale $590,000 -4.8% $516 / Sq Ft
07/20/2022 07/20/22 Off Market $620,000 -- --
07/14/2022 07/14/22 For Sale $590,000 +156.5% $516 / Sq Ft
02/25/2013 02/25/13 Sold $230,000 +2.2% $201 / Sq Ft
02/06/2013 02/06/13 Price Changed $225,000 0.0% $197 / Sq Ft
10/18/2012 10/18/12 For Sale $225,000 -2.2% $197 / Sq Ft
10/18/2012 10/18/12 Pending -- -- --
10/15/2012 10/15/12 Off Market $230,000 -- --
10/15/2012 10/15/12 For Sale $225,000 -- $197 / 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 $7,586 $645,047 $450,493 $194,554
2024 $7,586 $632,400 $441,660 $190,740
2023 $7,333 $620,000 $433,000 $187,000
2022 $3,381 $266,883 $129,612 $137,271
2021 $3,299 $261,651 $127,071 $134,580
2019 $3,223 $253,893 $123,303 $130,590
2018 $3,003 $248,916 $120,886 $128,030
2016 $2,877 $239,252 $116,193 $123,059
2015 $2,839 $235,659 $114,448 $121,211
2014 $2,787 $231,044 $112,207 $118,837
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22154518

California Regional Multiple Listing Service (CRMLS)

APN: 7012-008-005