$625,000
SOLD MAR 12, 2025
3 Beds
1 Bath
1,048 Sq Ft
5,111 Sq Ft Lot

Recently Sold

$596 Per Sq Ft

14% Below List Price

15 Days on Market

Highlights

  • Bonus Room
  • No HOA
  • Laundry Room
  • Tetzlaff (Martin B.) Middle School Rated A
  • Park
  • 4-minute walk to Palms Park Community Center

About This Home

As of June 2025

Hitting the Market for the First Time in Over 60 Years!
Don’t miss this rare opportunity to make this charming 3-bedroom, 1-bathroom fixer-upper your own. Located in a highly coveted school district and just steps away from Palms Elementary School. Nestled in the heart of Lakewood, this gem offers the perfect canvas for first-time buyers or savvy renovators. With three cozy bedrooms, one bathroom, a spacious backyard, and a bonus enclosed patio. This home is bursting with potential to create your dream space while enjoying the comfort, convenience, and charm of the neighborhood.

Last Agent to Sell the Property

Regina Cuervo

WERE Real Estate Brokerage Phone: 714-319-5966 License #02144970 Listed on: 01/02/2025

WERE Real Estate

Last Buyer's Agent

Regina Cuervo

WERE Real Estate Brokerage Phone: 714-319-5966 License #02144970 Listed on: 01/02/2025

WERE Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,172

Year Built

  • Built in 1958

Lot Details

  • 5,111 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LKR1YY

Parking

  • 1 Car Garage

Interior Spaces

  • 1,048 Sq Ft Home
  • 1-Story Property
  • Bonus Room
  • Gas Cooktop
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Additional Features

  • More Than Two Accessible Exits
  • Floor Furnace

Listing and Financial Details

  • Tax Lot 139
  • Tax Tract Number 21157
  • Assessor Parcel Number 7057012004
  • $553 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,172

Year Built

Built in 1958

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: LKR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7057012004
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1048.00 Square Feet
  • Stories: 1
  • Entry Location: Front Door
  • Common Walls: No Common Walls
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 596.37
  • Room Type: Bonus Room

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Floor Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Park, Sidewalks

Schools

  • School District: ABC Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5111.00
  • Lot Size Acres: 0.1173

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5111.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5551.07
  • Tax Lot: 139
  • Tax Tract Number: 21157
  • TaxOtherAnnualAssessmentAmount: 553.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 30, 2025
Closed on
May 9, 2025
Sold by
We Re Group Inc
Bought by
Jones Allen Cornelius and Jones Carlos Anjelica
Seller's Agent
Wally Elsherif
WERE REAL ESTATE
Buyer's Agent
Kevin Orantes
Circle Real Estate
List Price
$875,000
Sold Price
$880,000
Premium/Discount to List
$5,000
0.57%
Views
45

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-26.23%
Original Mortgage
$805,000
Outstanding Balance
$803,626
Interest Rate
6.81%
Mortgage Type
New Conventional
Estimated Equity
$39,681

Purchase Details

Listed on
Jan 2, 2025
Closed on
Feb 5, 2025
Sold by
Stewart Thomas C and Revo Lori
Bought by
We Re Group Inc
Seller's Agent
Regina Cuervo
WERE Real Estate
Buyer's Agent
Regina Cuervo
WERE Real Estate
List Price
$725,000
Sold Price
$625,000
Premium/Discount to List
-$100,000
-13.79%
Views
109

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$609,365
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 24, 2019
Sold by
Stewart Thomas C and Stewart Lori L
Bought by
Stewart Thomas C and Stewart Lori L
Source: Public Records

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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
Grant Deed $880,000 Pacific Coast Title
Grant Deed $625,000 Pacific Coast Title
Warranty Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $805,000 New Conventional
Previous Owner $609,365 New Conventional
Previous Owner $159,700 New Conventional
Previous Owner $185,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2025 06/09/25 Sold $880,000 +0.6% $705 / Sq Ft
05/07/2025 05/07/25 Pending -- -- --
04/30/2025 04/30/25 For Sale $875,000 +40.0% $701 / Sq Ft
03/12/2025 03/12/25 Sold $625,000 -13.8% $596 / Sq Ft
01/22/2025 01/22/25 For Sale $725,000 +16.0% $692 / Sq Ft
01/21/2025 01/21/25 Off Market $625,000 -- --
01/18/2025 01/18/25 Pending -- -- --
01/02/2025 01/02/25 For Sale $725,000 -- $692 / 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 $3,172 $234,237 $104,037 $130,200
2024 $3,172 $229,646 $101,998 $127,648
2023 $3,077 $225,145 $99,999 $125,146
2022 $3,030 $220,732 $98,039 $122,693
2021 $2,961 $216,405 $96,117 $120,288
2019 $2,896 $209,988 $93,267 $116,721
2018 $2,659 $205,872 $91,439 $114,433
2016 $2,550 $197,881 $87,890 $109,991
2015 $2,519 $194,909 $86,570 $108,339
2014 $2,478 $191,092 $84,875 $106,217
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24255452

California Regional Multiple Listing Service (CRMLS)

APN: 7057-012-004