NOT LISTED FOR SALE

18014 Laurelbrook Place Cerritos, CA 90703

Estimated Value: $1,230,000 - $1,308,000

3 Beds
2 Baths
1,499 Sq Ft
$845/Sq Ft Est. Value

Last Sold August 02, 2024

Last sale price $1,240,000 $827 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $7,407/month

21 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Central Air
  • Cerritos Elementary School Rated A
  • Laundry Room
  • 1-Story Property

About This Home

As of August 2024

Welcome to this beautiful light and airy single story home in Cerritos! Home features 3 bedrooms + office/den and 2 bathrooms. Vaulted ceilings throughout the home provide a large and expansive feeling throughout. Open floorplan features a greatroom from kitchen, dining, to family room. Large and leveled backyard features hardscape and a large grass area. Enjoy easy access to 91 and 5 freeways, shopping including Cerritos Towne Center, parks, and schools.

Last Agent to Sell the Property

Veronica Lee

Compass Newport Beach Brokerage Phone: 949-678-5013 License #01165633 Listed on: 06/13/2024

Compass Newport Beach

Co-Listed By

Glara Lee

Compass Newport Beach Brokerage Phone: 949-678-5013 License #01938180

Last Buyer's Agent

Steve Kim

Best Realty & Investment, Inc. License #01816803

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,557

Year Built

  • Built in 1970

Lot Details

  • 5,240 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned CERS5000

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,499 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Schools

  • Cerritos Elementary School
  • Carmenita Middle School
  • Cerritos High School

Utilities

  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 46
  • Tax Tract Number 25389
  • Assessor Parcel Number 7022011021
  • $494 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,557

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: CERS5000
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7022011021
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1499.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 827.22
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: ABC Unified
  • Elementary School: Cerritos
  • Middle School: Carmenita
  • High School: Cerritos
  • Elementary School: Cerritos
  • High School: Cerritos
  • Middle Or Junior School: Carmenita
  • Elementary School #2: CERRIT
  • High School2: CERRIT

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5240.00
  • Lot Size Acres: 0.1203
  • Latitude Manual: 33.86746600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5240.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5545.18
  • Tax Lot: 46
  • Tax Tract Number: 25389
  • TaxOtherAnnualAssessmentAmount: 494.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 13, 2024
Closed on
Jul 26, 2024
Sold by
Park Steve Kwangjun
Bought by
Cho Edward and Oh Angie
Seller's Agent
Veronica Lee
Compass Newport Beach
Buyer's Agent
Steve Kim
Best Realty & Investment, Inc.
List Price
$1,198,000
Sold Price
$1,240,000
Premium/Discount to List
$42,000
3.51%
Views
45
Current Estimated Value
$1,266,334

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,334
Avg. Annual Appreciation
1.77%
Original Mortgage
$410,000
Outstanding Balance
$404,989
Interest Rate
6.87%
Mortgage Type
New Conventional
Estimated Equity
$861,345

Purchase Details

Closed on
Aug 13, 2021
Sold by
Park Kwang Jun and Park Steve Kwangjun
Bought by
Park Steve Kwangjun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$604,500
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 2, 2011
Sold by
Park Sung Hee Jun
Bought by
Park Kwang Jun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,675
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 17, 2011
Sold by
Hoang Bao and Hoang Deborah
Bought by
Park Kwang Jun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$522,675
Interest Rate
4.25%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 3, 1999
Sold by
Hoang Bao and Chu Deborah
Bought by
Hoang Bao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.9%

Purchase Details

Closed on
Apr 22, 1999
Sold by
Hoang Bao and Hoang Deborah
Bought by
Hoang Bao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
6.9%

Purchase Details

Closed on
Jan 5, 1996
Sold by
Palleva William M
Bought by
Hoang Bao and Chu Deborah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,400
Interest Rate
7.05%
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
Cho Edward $1,240,000 Lawyers Title Company
Park Steve Kwangjun -- Ticor Title
Park Kwang Jun -- Stewart Title Of California
Park Kwang Jun $575,000 Stewart Title Guaranty Co
Hoang Bao -- Fidelity National Title Ins
Hoang Bao -- Southland Title Corporation
Hoang Bao $192,000 Provident Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cho Edward $410,000
Previous Owner Park Steve Kwangjun $604,500
Previous Owner Park Kwang Jun $522,675
Previous Owner Hoang Bao $30,000
Previous Owner Hoang Bao $178,964
Previous Owner Hoang Bao $182,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/02/2024 08/02/24 Sold $1,240,000 0.0% $827 / Sq Ft
07/07/2024 07/07/24 Off Market $1,240,000 -- --
07/04/2024 07/04/24 Pending -- -- --
07/01/2024 07/01/24 For Sale $1,198,000 -3.4% $799 / Sq Ft
06/20/2024 06/20/24 Off Market $1,240,000 -- --
06/19/2024 06/19/24 Pending -- -- --
06/13/2024 06/13/24 For Sale $1,198,000 -- $799 / 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 $8,557 $1,240,000 $930,000 $310,000
2024 $8,557 $708,058 $424,836 $283,222
2023 $8,275 $694,175 $416,506 $277,669
2022 $8,150 $680,565 $408,340 $272,225
2021 $7,960 $667,222 $400,334 $266,888
2020 $7,894 $660,382 $396,230 $264,152
2019 $7,776 $647,434 $388,461 $258,973
2018 $7,228 $634,741 $380,845 $253,896
2016 $6,948 $610,095 $366,057 $244,038
2015 $6,861 $600,932 $360,559 $240,373
2014 $6,720 $589,162 $353,497 $235,665
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24120825

California Regional Multiple Listing Service (CRMLS)

APN: 7022-011-021