NOT LISTED FOR SALE

16950 Sierra Vista Way Cerritos, CA 90703

Estimated Value: $550,000 - $571,000

3 Beds
1 Bath
867 Sq Ft
$373/mo HOA Fee

Last Sold November 15, 2021

Last sale price $465,000 $536 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $3,850/month

7 Days on Market

Highlights

  • Spa
  • Enclosed Patio or Porch
  • Eat-In Kitchen
  • Ross (Faye) Middle School Rated A-
  • 1 Car Attached Garage
  • Bathtub

About This Home

As of November 2021

Beautiful upper-level condo located in Cerritos Villas Condominiums. Laminate floor. Plenty of cabinets throughout. Kitchen features include a gas range, microwave, & refrigerator. Spacious living room and dining area adjacent to each other with views of an oversized private patio. The Master bedroom and 2nd bedroom have nice-sized closets with sliding glass doors. The 3rd bedroom is used as a home office with a built-in desk, drawers, and file cabinets. Recessed lighting. Ceiling fans in the living room and all 3 bedrooms. The ceiling fans in the master bedroom and the 2nd bedroom are new. One reserved parking and one attached single car garage. Community laundry room downstairs. Community pools and spas. Easy access to freeways, shopping centers, schools, & libraries.

Last Agent to Sell the Property

Vivian Cheng

Coldwell Banker Realty License #01876549 Listed on: 09/29/2021

Coldwell Banker Realty

Last Buyer's Agent

Daisy Alonso Garcia

ROA California Inc. License #02039158

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,794

Year Built

  • Built in 1972

Lot Details

  • Two or More Common Walls
  • Fenced
  • Fence is in average condition

HOA Fees

  • $373 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Open Parking Space
  • Parking Available
  • Single Garage Door
  • Assigned Parking

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 867 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Living Room
  • Laminate Flooring
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Range

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • All Upper Level Bedrooms
  • 1 Full Bathroom
  • Bathtub

Outdoor Features

  • Spa
  • Enclosed Patio or Porch

Utilities

  • Central Air
  • Heating Available
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 22327
  • Assessor Parcel Number 7012008077
  • $341 per year additional tax assessments

Community Details

Overview

  • 535 Units
  • Cerritos Villas Association, Phone Number (562) 926-3372
  • Management Trust HOA
  • Maintained Community

Amenities

  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,794

Year Built

Built in 1972

Lot Details

0

HOA Fees

$373 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Gas range & refrigerator
  • Property Attached: Yes
  • View: No
  • Zoning: CERM
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7012008077
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 867.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Recessed Lighting
  • Stories: 2
  • Entry Location: Upstairs
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area
  • Entry Level: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 536.33
  • Room Type: All Bedrooms Up, Kitchen, Living Room
  • Spa Features: Association
  • Bathroom Features: Bathtub

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Average Condition
  • Patio And Porch Features: Enclosed, Patio
  • Pool Features: Association
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Garage - Single Door
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Refrigerator
  • Heating Type: Electric
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Maintenance Grounds, Trash, Water
  • Association Fee: 373.00
  • Association Fee Frequency: Monthly
  • Association Name: Cerritos Villas
  • Phone: 562-926-3372
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Management Trust

Schools

  • School District: ABC Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 7365.00
  • Lot Size Acres: 0.1691

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7365.0000 Square Feet
  • Number Of Units In Community: 535
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5545.14
  • Tax Lot: 19
  • Tax Tract Number: 22327
  • TaxOtherAnnualAssessmentAmount: 341.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 29, 2021
Closed on
Oct 26, 2021
Sold by
Patel Prakash C and Patel Suchi P
Bought by
Lopez David
Seller's Agent
Vivian Cheng
Coldwell Banker Realty
Buyer's Agent
Daisy Alonso Garcia
ROA California Inc.
List Price
$439,000
Sold Price
$465,000
Premium/Discount to List
$26,000
5.92%
Current Estimated Value
$564,256

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$99,256
Avg. Annual Appreciation
5.06%
Original Mortgage
$456,577
Outstanding Balance
$417,612
Interest Rate
3.01%
Mortgage Type
FHA
Estimated Equity
$146,644

Purchase Details

Closed on
Oct 26, 2012
Sold by
The Lois J Sheppard Living Trust
Bought by
Patel Prakash C and Patel Suchi P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,000
Interest Rate
3.33%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 22, 2004
Sold by
Sheppard Lois I
Bought by
Sheppard Lois I and The Lois I Sheppard Living Trust
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
Lopez David $465,000 Fidelity National Title
Patel Prakash C $215,000 Old Republic Title Company
Sheppard Lois I -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lopez David $456,577
Previous Owner Patel Prakash C $172,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/15/2021 11/15/21 Sold $465,000 +5.9% $536 / Sq Ft
10/06/2021 10/06/21 Pending -- -- --
09/29/2021 09/29/21 For Sale $439,000 +104.2% $506 / Sq Ft
01/29/2013 01/29/13 Sold $215,000 +13.2% $248 / Sq Ft View Prior Sale
10/23/2012 10/23/12 For Sale $189,900 -- $219 / 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 $5,794 $493,459 $359,642 $133,817
2024 $5,794 $483,785 $352,591 $131,194
2023 $5,601 $474,300 $345,678 $128,622
2022 $5,513 $465,000 $338,900 $126,100
2021 $3,090 $244,586 $138,220 $106,366
2019 $3,018 $237,333 $134,121 $103,212
2018 $2,812 $232,681 $131,492 $101,189
2016 $2,696 $223,647 $126,387 $97,260
2015 $2,661 $220,289 $124,489 $95,800
2014 $2,612 $215,975 $122,051 $93,924
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21217269

California Regional Multiple Listing Service (CRMLS)

APN: 7012-008-077