NOT LISTED FOR SALE

17200 Monaco Dr Cerritos, CA 90703

Estimated Value: $824,000 - $932,081

3 Beds
2.5 Baths
1,961 Sq Ft
3,049 Sq Ft Lot

Last Sold October 11, 2012

Last sale price $389,000 $198 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $5,107/month

127 Days on Market

Highlights

  • Private Pool
  • Wood Flooring
  • Forced Air Heating and Cooling System
  • Ross (Faye) Middle School Rated A-
  • Fireplace
  • Wood Siding

About This Home

As of October 2012

This home is in the VERY DESIREABLE 'The Palms' gated community. This END UNIT home has a great floorplan that is very open and spacious with many windows and a lot of natural light, fireplace, large kitchen, family room, laundry inside, enclosed back and side yard (Very Big!) space and attached 2 car garage. Well maintained community with pool and spa. Motivated Seller opened to all reasonable offers. Convenient location near fwy and schools. All information deemed reliable but not guaranteed. Short sale, subject to lender approval.

Last Agent to Sell the Property

Michael Borba

Borba Investment Realty License #01380572 Listed on: 05/02/2012

Last Buyer's Agent

Tom Yokoyama

Century 21 Diamond License #00548431

Century 21 Diamond

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1989

Lot Details

  • 3,049

Parking

  • 2 Car Garage

Home Design

  • Spanish Tile Roof
  • Clay Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,961 Sq Ft Home
  • Fireplace

Flooring

  • Wood
  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms

Pool

  • Private Pool
  • Spa

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 0.07
  • Tax Tract Number 45589
  • Assessor Parcel Number 7033036080

Community Details

Overview

  • Property has a Home Owners Association
  • 57 Units
  • Association Phone (714) 891-8804

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Year Built

Built in 1989

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 7033036080
  • Year Built: 1989
  • Special Features: 12

Interior Features

  • Fireplace: Yes
  • Living Area: 1961.00
  • Flooring: Laminate, Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: Two
  • Price Per Square Foot: 198.37
  • Spa Features: Association

Exterior Features

  • Patio: No
  • Fence: No
  • Pool Features: Association
  • Pool Private: Yes
  • Roof: Clay, Spanish Tile
  • Spa: Yes
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • 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

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 299.00
  • Phone: 7148918804
  • Senior Community: No

Lot Info

  • Land Lease Purchase: No
  • Lot Size Sq Ft: 3037.00
  • Lot Size Acres: 0.0700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3037.0000 Square Feet
  • Number Of Units In Community: 57
  • Number Of Units Total: 57

Tax Info

  • Tax Lot: 0.07
  • Tax Tract Number: 45589

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2012
Closed on
Sep 11, 2012
Sold by
Goytortua Jorge B and Basulto Ana Laura
Bought by
Hsu Wendy
Seller's Agent
Michael Borba
Borba Investment Realty
Buyer's Agent
Tom Yokoyama
Century 21 Diamond
List Price
$399,000
Sold Price
$389,000
Premium/Discount to List
-$10,000
-2.51%
Current Estimated Value
$894,020

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$505,020
Avg. Annual Appreciation
6.47%
Original Mortgage
$291,750
Interest Rate
3.34%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 25, 2006
Sold by
Han Chul Soo and Han Claudia Liliana Yoo
Bought by
Goytortua Jorge B and Basulto Ana Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 16, 2003
Sold by
Summers Jeffrey
Bought by
Han Chul Soo and Han Claudia Liliana Yoo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,700
Interest Rate
5.15%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 25, 2002
Sold by
Summers Jeffrey and Dyce Elaine
Bought by
Summers Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,600
Interest Rate
5.87%

Purchase Details

Closed on
Sep 28, 1999
Sold by
Summers Jeffrey D and Dyce Lai Elaine
Bought by
Summers Jeffrey and Dyce Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,175
Interest Rate
7%

Purchase Details

Closed on
Aug 31, 1999
Sold by
Yeo Seong Ho and Yeo Hee Sook
Bought by
Summers Jeffrey D and Dyce Lai Elaine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,175
Interest Rate
7%

Purchase Details

Closed on
Feb 14, 1995
Sold by
Lee Kwang Hwa and Lee Dai Gin Inn
Bought by
Yeo Seong Ho and Yeo Hee Sook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$193,500
Interest Rate
8.9%
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
Hsu Wendy $389,000 Nations Title Co National Di
Goytortua Jorge B $625,000 --
Han Chul Soo $415,000 New Century Title
Summers Jeffrey -- Fidelity National Title
Summers Jeffrey -- California Counties Title Co
Summers Jeffrey D $266,500 California Counties Title Co
Yeo Seong Ho $215,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hsu Wendy $291,750
Previous Owner Goytortua Jorge B $500,000
Previous Owner Han Chul Soo $322,700
Previous Owner Summers Jeffrey $249,600
Previous Owner Summers Jeffrey D $253,175
Previous Owner Yeo Seong Ho $193,500
Closed Han Chul Soo $50,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2012 10/11/12 Sold $389,000 +4.1% $198 / Sq Ft
09/06/2012 09/06/12 Pending -- -- --
08/17/2012 08/17/12 Price Changed $373,500 -6.4% $190 / Sq Ft
05/02/2012 05/02/12 For Sale $399,000 -- $203 / 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 $5,736 $479,015 $332,481 $146,534
2024 $5,736 $469,623 $325,962 $143,661
2023 $5,549 $460,416 $319,571 $140,845
2022 $5,462 $451,389 $313,305 $138,084
2021 $5,327 $442,539 $307,162 $135,377
2019 $5,201 $429,414 $298,052 $131,362
2018 $4,835 $420,995 $292,208 $128,787
2016 $4,631 $404,649 $280,862 $123,787
2015 $4,570 $398,572 $276,644 $121,928
2014 $4,479 $390,765 $271,225 $119,540
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: R1202484

California Regional Multiple Listing Service (CRMLS)

APN: 7033-036-080