$603,000
SOLD OCT 15, 2013

18733 Cortner Ave Cerritos, CA 90703

4 Beds
2.5 Baths
2,605 Sq Ft
4,881 Sq Ft Lot

Recently Sold

$231 Per Sq Ft

11% Above List Price

13 Days on Market

Highlights

  • Contemporary Architecture
  • No HOA
  • Forced Air Heating System
  • Carver Elementary School Rated A
  • Laundry Room
  • East Facing Home

About This Home

As of October 2014

FIXER FIXER FIXER! . With Plenty of Potential. Great For An Investor. This Wonderful Home Offers Over 2600 Square Feet of Living Space. Step-down Living Room Left of Entry With A Fireplace And A Formal Dining Room. Step-down Family Room Right Of Entry. The Kitchen Opens Up Into The Family Room For The Perfect Great Room. Upstairs Features A Huge Master Bedroom With A Large Walk-in Closet & 3/4 Bath. Extra-large Bonus Room Can Be Used As A 5th Bedroom, Full Bath; Other 3 Bedrooms Are Nice Size. This Home Also Boasts A 3 Car Garage, Block wall Fenced AND A Newer Tiled Roof, The Home Is Located In A Great Neighborhood. Close To Schools, Shopping, Parks And Civic Center. Easy Access To The 91 And 5 Freeways. This Home Is Priced To Sell With Only All Cash Offers Being Considered And A Quick Escrow. SOLD IN AS-IS/WHERE-IS CONDITION, WITH NO WARRANTIES PROVIDED, NEITHER EXPRESS NOR IMPLIED.

Last Agent to Sell the Property

Elizabeth Lamb

Century 21 Affiliated License #01440139 Listed on: 09/23/2013

Century 21 Affiliated

Co-Listed By

Debra Sheehan

Allison James Estates & Homes License #01379740

Last Buyer's Agent

May Cheung

ALLIANCE REALTY KINGDOM INC. License #01895283

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,392

Year Built

  • Built in 1967

Lot Details

  • 4,881 Sq Ft Lot
  • East Facing Home
  • Block Wall Fence
  • Front and Back Yard Sprinklers

Parking

  • 3 Car Garage

Home Design

  • Contemporary Architecture
  • Concrete Roof

Interior Spaces

  • 2,605 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Forced Air Heating System
  • 220 Volts in Garage

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 58
  • Tax Tract Number 25585
  • Assessor Parcel Number 7024005010

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,392

Year Built

Built in 1967

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Inclusions: Anything that is left in the home at the close of escrow.
  • Property Attached: No
  • View: No
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7024005010
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2605.00
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 231.48
  • Room Type: All Bedrooms Up

Exterior Features

  • Direction Faces: East
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Concrete
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Electric: 220 Volts in Garage
  • Heating Type: Forced Air
  • Laundry Features: Gas Dryer Hookup, In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: ABC Unified

Lot Info

  • Lot Features: Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 4881.00
  • Lot Size Acres: 0.1120

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4881.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 58
  • Tax Tract Number: 25585

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2014
Closed on
Oct 16, 2014
Sold by
Palaganas Wilma C
Bought by
The Jaime B Palaganas & Wilma C Palagana
Seller's Agent
May Cheung
ALLIANCE REALTY KINGDOM INC.
Buyer's Agent
Janet Yang
Harmon Homes Inc.
List Price
$749,000
Sold Price
$732,000
Premium/Discount to List
-$17,000
-2.27%
Current Estimated Value
$1,437,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$705,075
Avg. Annual Appreciation
6.25%
Original Mortgage
$387,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 3, 2014
Closed on
Oct 13, 2014
Sold by
Tam Wai Ling
Bought by
Palaganas Wilma C and Palaganas Jaime B
Seller's Agent
May Cheung
ALLIANCE REALTY KINGDOM INC.
Buyer's Agent
Janet Yang
Harmon Homes Inc.
List Price
$749,000
Sold Price
$732,000
Premium/Discount to List
-$17,000
-2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 3, 2014
Closed on
Sep 3, 2014
Sold by
Keung Hong Kwok
Bought by
Tam Wai Ling
Seller's Agent
May Cheung
ALLIANCE REALTY KINGDOM INC.
Buyer's Agent
Janet Yang
Harmon Homes Inc.
List Price
$749,000
Sold Price
$732,000
Premium/Discount to List
-$17,000
-2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 23, 2013
Closed on
Sep 9, 2013
Sold by
Hall Dennis James
Bought by
Tam Wai Ling
Seller's Agent
Elizabeth Lamb
Century 21 Affiliated
Buyer's Agent
May Cheung
ALLIANCE REALTY KINGDOM INC.
List Price
$545,000
Sold Price
$603,000
Premium/Discount to List
$58,000
10.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
20.93%

Purchase Details

Closed on
Jun 26, 2006
Sold by
Hall H Ray and The Hall Family Trust
Bought by
Hall H Ray and The Hall Family Survivors Trust

Purchase Details

Closed on
Sep 8, 1987
Sold by
Hall H Ray
Bought by
Hall H Ray and Hall Esta N
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- Accommodation
Grant Deed $732,000 Title 365
Interfamily Deed Transfer -- Title 365
Grant Deed $603,000 Title 365
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- --
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $275,422 New Conventional
Closed $387,000 New Conventional
Previous Owner $387,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2014 10/24/14 Sold $732,000 -2.3% $281 / Sq Ft
09/03/2014 09/03/14 For Sale $749,000 +24.2% $288 / Sq Ft
10/15/2013 10/15/13 Sold $603,000 +10.6% $231 / Sq Ft
10/06/2013 10/06/13 Pending -- -- --
09/23/2013 09/23/13 For Sale $545,000 -- $209 / 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 $10,392 $879,744 $579,166 $300,578
2024 $10,392 $862,495 $567,810 $294,685
2023 $10,048 $845,584 $556,677 $288,907
2022 $9,897 $829,005 $545,762 $283,243
2021 $9,660 $812,751 $535,061 $277,690
2019 $9,438 $788,646 $519,192 $269,454
2018 $8,783 $773,183 $509,012 $264,171
2016 $8,434 $743,162 $489,248 $253,914
2015 $8,328 $732,000 $481,900 $250,100
2014 $6,916 $603,000 $470,100 $132,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13194123

California Regional Multiple Listing Service (CRMLS)

APN: 7024-005-010