NOT LISTED FOR SALE

19928 Rainbow Way Cerritos, CA 90703

Estimated Value: $1,101,000 - $1,140,000

4 Beds
2 Baths
1,638 Sq Ft
$685/Sq Ft Est. Value

Last Sold July 19, 2021

Last sale price $882,888 $539 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $6,893/month

8 Days on Market

Highlights

  • Main Floor Primary Bedroom
  • Granite Countertops
  • 2 Car Attached Garage
  • Tetzlaff (Martin B.) Middle School Rated A
  • No HOA
  • Eat-In Kitchen

About This Home

As of July 2021

Welcome to 19928 Rainbow Way, Cerritos! Premium interior location on a cul-de-sac with tons of parks, shopping, schools all within minutes. Home boasts great curb appeal the moment you drive up with a grassy yard. Cheerful living room feels open and spacious and features vaulted ceilings, cozy fireplace, and views of the backyard. Open concept kitchen & dining area is perfect for family meals. The Chef's kitchen is complete with upgraded cabinets, granite counter tops, and Thermador stove. Great floorplan with a main floor bedroom + bathroom. The main floor bedroom is good size and currently has a built in entertainment center. Upstairs you will find 3 additional bedrooms. Bedrooms with mirrored closets, closet organizers, and more. Beautiful modern wood floors and neutral toned designer paint nicely ties together the home. Backyard is packed with potential and room to expand home or design a backyard of your dreams. The nice garden with a fruit tree and trellis to create a lush landscape. Centrally located near great schools and Don Knabe Regional Park where you can skate, fish, play tennis and much more...

Last Agent to Sell the Property

Susan Lee

Team Spirit Realty, Inc. License #01251545 Listed on: 06/10/2021

Last Buyer's Agent

Guodong Wang

COMPASS License #02049148

COMPASS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,956

Year Built

  • Built in 1970

Lot Details

  • 5,001 Sq Ft Lot
  • Density is 6-10 Units/Acre
  • Property is zoned CERS5000

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,638 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Primary Bedroom on Main
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 26
  • Tax Tract Number 25457
  • Assessor Parcel Number 7056006026

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,956

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: CERS5000
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7056006026
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1638.00 Square Feet
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: In Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 539.00
  • Room Type: Main Floor Bedroom, Main Floor Master Bedroom
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Forced Air
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • 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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 5001.00
  • Lot Size Acres: 0.1148

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5001.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5545.16
  • Tax Lot: 26
  • Tax Tract Number: 25457

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2021
Closed on
Jul 14, 2021
Sold by
Yoon Charles Chan and Yoon Michelle Cruz
Bought by
Patel Parth Naresh and Patel Zalak Prafulbhai
Seller's Agent
Susan Lee
Team Spirit Realty, Inc.
Buyer's Agent
Guodong Wang
COMPASS
List Price
$819,990
Sold Price
$882,888
Premium/Discount to List
$62,898
7.67%
Current Estimated Value
$1,122,345

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$239,457
Avg. Annual Appreciation
5.59%
Original Mortgage
$706,310
Outstanding Balance
$643,639
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$463,910

Purchase Details

Closed on
Mar 2, 2015
Sold by
Yoon Ki Nim
Bought by
Yoon Charles Chan and Yoon Michelle Cruz

Purchase Details

Closed on
Jul 22, 2008
Sold by
Bascara Mariano S
Bought by
Yoon Ki Nim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 19, 2007
Sold by
Bascara Mariano S
Bought by
Bascara Mariano S

Purchase Details

Closed on
Jun 14, 2004
Sold by
Misaka Randall H
Bought by
Bascara Mariano S and Bascara Caroline C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$495,200
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 5, 1997
Sold by
Misaka Randall H
Bought by
Misaka Randall H and Misaka Lucinda L C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
7.19%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Patel Parth Naresh $883,000 Lawyers Title
Yoon Charles Chan -- None Available
Yoon Ki Nim $600,000 Orange Coast Title
Bascara Mariano S -- None Available
Bascara Mariano S $619,000 Chicago Title Co
Misaka Randall H -- First American
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Patel Parth Naresh $706,310
Previous Owner Yoon Charles Chan $340,000
Previous Owner Yoon Charles Chan $364,150
Previous Owner Yoon Ki Nim $390,000
Previous Owner Yoon Ki Nim $394,200
Previous Owner Yoon Ki Nim $400,000
Previous Owner Bascara Mariano S $125,000
Previous Owner Bascara Mariano S $520,000
Previous Owner Bascara Mariano S $65,000
Previous Owner Bascara Mariano S $495,200
Previous Owner Misaka Randall H $150,000
Previous Owner Misaka Randall H $93,000
Previous Owner Misaka Randall H $116,000
Previous Owner Misaka Randall H $186,000
Closed Bascara Mariano S $92,850
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/19/2021 07/19/21 Sold $882,888 +7.7% $539 / Sq Ft
06/10/2021 06/10/21 For Sale $819,990 -- $501 / 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 $10,956 $936,938 $749,530 $187,408
2024 $10,956 $918,568 $734,834 $183,734
2023 $10,591 $900,558 $720,426 $180,132
2022 $10,431 $882,900 $706,300 $176,600
2021 $8,405 $713,806 $432,211 $281,595
2020 $8,335 $706,488 $427,780 $278,708
2019 $8,209 $692,637 $419,393 $273,244
2018 $7,637 $679,057 $411,170 $267,887
2016 $7,039 $625,000 $378,300 $246,700
2015 $6,421 $560,000 $339,000 $221,000
2014 $6,410 $560,000 $339,000 $221,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21125670

California Regional Multiple Listing Service (CRMLS)

APN: 7056-006-026