NOT LISTED FOR SALE

17756 Palo Verde Ave Unit 20 Cerritos, CA 90703

Estimated Value: $499,000 - $644,737

3 Beds
2.5 Baths
1,145 Sq Ft
$523/Sq Ft Est. Value

Last Sold June 25, 2020

Last sale price $467,000 $408 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $3,986/month

Highlights

  • Spa
  • Clubhouse
  • Eat-In Kitchen
  • 7.04 Acre Lot
  • Granite Countertops
  • Double Pane Windows

About This Home

As of May 2021

Two-story, 3 bedrooms and 2 and a half bathroom townhouse in Cerritos.
Features upgraded kitchen cabinets, granite countertop, inside laundry, and engineered laminate wood flooring throughout the house. Tile flooring all bathrooms and kitchen. Energy-efficient double pane window and central air conditioner.
Walk-in closets in master bedroom and 2nd bedroom, one car detached garage and assigned parking right beside the house. Front patio large for enough to have a BBQ. Association Pool, Spa and Clubhouse.
Utilities: Tenant only pays for electricity. Gas, water, Trash included HOA. (The owner paid).

Last Agent to Rent the Property

Diana Lee

New Star Realty & Investment License #01209055 Listed on: 05/14/2021

New Star Realty & Investment

Last Renter's Agent

Diana Lee

New Star Realty & Investment License #01209055 Listed on: 05/14/2021

New Star Realty & Investment

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,951

Year Built

  • Built in 1973 | Remodeled

Lot Details

  • 1 Common Wall
  • Wood Fence

HOA Fees

  • $255 Monthly HOA Fees

Parking

  • 1 Car Garage
  • 1 Open Parking Space
  • Parking Available
  • Single Garage Door
  • Garage Door Opener
  • Parking Lot
  • Assigned Parking

Home Design

  • Composition Roof

Interior Spaces

  • 1,145 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Remodeled Bathroom
  • Granite Bathroom Countertops
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Spa
  • Patio

Utilities

  • Central Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Security Deposit $3,500
  • Rent includes gas, sewer, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 6/1/21
  • Tax Lot 1
  • Tax Tract Number 29771
  • Assessor Parcel Number 7034018036

Community Details

Overview

  • 70 Units
  • Boardwalk Association, Phone Number (714) 544-7755

Amenities

  • Clubhouse

Recreation

  • Community Pool
  • Community Spa

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,951

Year Built

Built in 1973 | Remodeled

Lot Details

0

HOA Fees

$255 per month

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2021-06-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 150
  • Deposit Security: 3500
  • Furnished: Unfurnished
  • Total Move In Costs: 6450.00
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Zoning: CERM
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Townhouse
  • Property Type: Residential Lease
  • Parcel Number: 7034018036
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1145.00 Square Feet
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 2.45
  • Room Type: All Bedrooms Up, Kitchen, Living Room, Master Bedroom, Walk-In Closet
  • Spa Features: Association
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower, Shower In Tub, Granite Counters, Remodeled
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Patio
  • Pool Features: Association
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Garage, Garage - Single Door, Garage Door Opener, Parking Space
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, Disposal, Microwave, Water Heater
  • Heating Type: Central
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Clubhouse
  • Association Fee: 255.00
  • Association Fee Frequency: Monthly
  • Association Name: Boardwalk
  • Phone: 714-544-7755
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Bellflower Unified

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 306791.00
  • Lot Size Acres: 7.0430

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 306791.0000 Square Feet
  • Number Of Units In Community: 70
  • Number Of Units Total: 20
  • Rent Includes: Gas, Sewer, Trash Collection, Water

Tax Info

  • Tax Census Tract: 5545.21
  • Tax Lot: 1
  • Tax Tract Number: 29771

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2020
Closed on
May 27, 2020
Sold by
Park Jeongdo and Chang Irene Eunkyung
Bought by
Yoon Woo Sung and Han Hyehyun
Seller's Agent
John Choi
Presidential R/E II
Buyer's Agent
Jasmine Choi
KW Executive
List Price
$459,900
Sold Price
$467,000
Premium/Discount to List
$7,100
1.54%
Current Estimated Value
$598,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$131,434
Avg. Annual Appreciation
6.11%
Original Mortgage
$441,750
Outstanding Balance
$391,578
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$244,967

Purchase Details

Listed on
Apr 24, 2015
Closed on
Jun 16, 2015
Sold by
Wang James
Bought by
Park Jeongdo and Chang Irene Eunkyung
Seller's Agent
Joseph Lee
Nexteam Real Estate
Buyer's Agent
Joseph Lee
Nexteam Real Estate
List Price
$379,000
Sold Price
$324,000
Premium/Discount to List
-$55,000
-14.51%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.63%
Original Mortgage
$291,600
Interest Rate
3.83%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 28, 2010
Sold by
Yu Jimmy
Bought by
Wang Jenny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,471
Interest Rate
4.92%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 9, 2010
Sold by
Wells Fargo Bank National Association
Bought by
Wang James and Kim Soo Hee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,471
Interest Rate
4.92%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 6, 2010
Sold by
Johnson Thomas M
Bought by
Wells Fargo Bank National Association

Purchase Details

Closed on
Aug 22, 2006
Sold by
Johnson Thomas M
Bought by
Johnson Thomas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
8.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 28, 2006
Sold by
Johnson Cielo
Bought by
Johnson Thomas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
8.5%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 27, 2006
Sold by
Johnson Thomas
Bought by
Johnson Thomas and Johnson Family Living Trust

Purchase Details

Closed on
Oct 21, 2004
Sold by
Johnson Cielo
Bought by
Johnson Thomas M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2004
Sold by
Rojas Mariano L
Bought by
Johnson Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2002
Sold by
Kwak Rhonda
Bought by
Rojas Mariano L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
6.22%

Purchase Details

Closed on
Jan 24, 2001
Sold by
Kwak Rhonda
Bought by
Kwak Rhonda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
6.98%

Purchase Details

Closed on
Jun 3, 1999
Sold by
Thaler Lena
Bought by
Thaler Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,352
Interest Rate
7.51%
Mortgage Type
FHA

Purchase Details

Closed on
May 17, 1999
Sold by
Bruce James F
Bought by
Kwak Rhonda and Thaler Keith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$124,352
Interest Rate
7.51%
Mortgage Type
FHA
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
Yoon Woo Sung $494,273 Old Republic Title Company
Park Jeongdo $324,000 Title 365
Wang Jenny -- Chicago Title Company
Wang James $250,000 Chicago Title Company
Wells Fargo Bank National Association $215,047 Accommodation
Johnson Thomas M -- None Available
Johnson Thomas M -- Alliance
Johnson Thomas -- None Available
Johnson Thomas M -- United Title Company-La
Johnson Thomas $350,000 United Title Company-La
Rojas Mariano L $209,500 First American Title Co
Kwak Rhonda -- First American Title Co
Thaler Keith -- Commonwealth Title
Kwak Rhonda $128,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yoon Woo Sung $441,750
Previous Owner Park Jeongdo $285,603
Previous Owner Park Jeongdo $291,600
Previous Owner Wang James $239,415
Previous Owner Wang James $245,471
Previous Owner Johnson Thomas M $328,000
Previous Owner Johnson Thomas $76,000
Previous Owner Johnson Thomas $304,000
Previous Owner Johnson Thomas $280,000
Previous Owner Rojas Mariano L $15,000
Previous Owner Rojas Mariano L $200,500
Previous Owner Rojas Mariano L $199,000
Previous Owner Kwak Rhonda $129,500
Previous Owner Kwak Rhonda $124,352
Closed Johnson Thomas $52,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2021 05/29/21 Rented $2,800 0.0% --
05/14/2021 05/14/21 For Rent $2,800 0.0% --
06/25/2020 06/25/20 Sold $467,000 -0.4% $408 / Sq Ft
05/25/2020 05/25/20 Price Changed $469,000 +2.0% $410 / Sq Ft
05/18/2020 05/18/20 For Sale $459,900 +41.9% $402 / Sq Ft
07/09/2015 07/09/15 Sold $324,000 -14.5% $283 / Sq Ft
05/26/2015 05/26/15 Pending -- -- --
04/24/2015 04/24/15 For Sale $379,000 -- $331 / 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 $5,951 $510,727 $335,965 $174,762
2024 $5,951 $500,714 $329,378 $171,336
2023 $5,705 $490,897 $322,920 $167,977
2022 $5,599 $481,273 $316,589 $164,684
2021 $5,482 $471,837 $310,382 $161,455
2020 $4,232 $350,706 $186,719 $163,987
2019 $4,158 $343,830 $183,058 $160,772
2018 $4,033 $337,089 $179,469 $157,620
2016 $3,868 $324,000 $172,500 $151,500
2015 $3,234 $268,504 $128,774 $139,730
2014 -- $263,245 $126,252 $136,993
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21102933

California Regional Multiple Listing Service (CRMLS)

APN: 7034-018-036