NOT LISTED FOR SALE

Estimated Value: $834,000 - $1,067,689

3 Beds
2 Baths
2,141 Sq Ft
$447/Sq Ft Est. Value

Last Sold July 31, 2014

Last sale price $420,000 $196 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $5,647/month

5 Days on Market

Highlights

  • Bonus Room with Fireplace
  • 2-minute walk to Wardlow Station
  • Air Conditioning
  • Los Cerritos Elementary School Rated A
  • Attached Garage
  • Views

About This Home

As of July 2014

Approved short sale!! Previous buyer could not perform. This property represents a fantastic opportunity for an investor or buyer who isn't afraid o do a little bit of work. Frankly, the property just needs some updating and refreshing. However, at over 2100sf, this 3 bed 2 bath home is one of the larger properties in the area plus it sits on an oversized lot with a swimming pool and plenty of room for entertaining and expansion. The location is ideal for commuters and families as it's only blocks form the 405 and 710 freeways plus the metro blue line station is right around the corner which takes you to Downtown LA in about 30 minutes. There are also plenty of parks the bike paths taking you to the ocean within walking distance. At this price, this is a true gem.

Last Agent to Sell the Property

Aaron Berryman

Endeavor Real Estate License #01401206 Listed on: 11/15/2013

Last Buyer's Agent

Aaron Berryman

Endeavor Real Estate License #01401206 Listed on: 11/15/2013

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1944

Lot Details

  • 9,680 Sq Ft Lot
  • Property is zoned LBR1N

Parking

  • Attached Garage

Home Design

  • Bungalow

Interior Spaces

  • 2,141 Sq Ft Home
  • 1-Story Property
  • Bonus Room with Fireplace
  • Carpet
  • Laundry closet
  • Property Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Air Conditioning

Listing and Financial Details

  • Assessor Parcel Number 7204-006-027

Home Details

Home Type

Single Family

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Bungalow
  • Street Number Display: Yes
  • Living Area: 2141
  • Stories: 1
  • Year Built: 1944
  • State Abbrv: CA
  • Special Features: 12

Interior Features

  • Fireplace Rooms: Bonus Room
  • Flooring: Carpet
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: In Closet
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 186.36

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Any
  • View: Yes

Garage/Parking

  • Parking Garage: Attached

Utilities

  • Cooling: Air Conditioning
  • Heating: Fireplace

Lot Info

  • Assessor Parcel Number: 7204-006-027
  • Geocode Override: No
  • Lot Size Area: 9680

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 9, 2016
Sold by
Cancino Vicente
Bought by
Mercado Maria Dolores
Current Estimated Value
$956,172

Purchase Details

Listed on
Nov 15, 2013
Closed on
Jul 1, 2014
Sold by
Patterson Thomas P
Bought by
Cancino Vicente
Seller's Agent
Aaron Berryman
Endeavor Real Estate
Buyer's Agent
Aaron Berryman
Endeavor Real Estate
List Price
$399,000
Sold Price
$420,000
Premium/Discount to List
$21,000
5.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%
Original Mortgage
$200,000
Interest Rate
4.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 3, 2004
Sold by
Patterson Thomas P
Bought by
Patterson Thomas P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 25, 2003
Sold by
Patterson Thomas P and Patterson Linda M
Bought by
Patterson Thomas P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,500
Interest Rate
7.45%

Purchase Details

Closed on
Jan 13, 1994
Sold by
Patterson Thomas P
Bought by
Patterson Thomas P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.16%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mercado Maria Dolores -- None Available
Cancino Vicente $420,000 Usa National Title Co
Patterson Thomas P -- Southland Title
Patterson Thomas P -- North American Title Co
Patterson Thomas P -- Commonwealth Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Cancino Vicente $200,000
Previous Owner Patterson Thomas P $320,000
Previous Owner Patterson Thomas P $247,500
Previous Owner Patterson Thomas P $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2014 07/31/14 Sold $420,000 +5.3% $196 / Sq Ft
05/07/2014 05/07/14 For Sale $399,000 0.0% $186 / Sq Ft
05/07/2014 05/07/14 Price Changed $399,000 +33.0% $186 / Sq Ft
11/20/2013 11/20/13 Pending -- -- --
11/15/2013 11/15/13 For Sale $300,000 -- $140 / Sq Ft
Source: The MLS

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 $7,763 $591,892 $355,136 $236,756
2024 $7,763 $580,287 $348,173 $232,114
2023 $7,636 $568,910 $341,347 $227,563
2022 $7,178 $557,755 $334,654 $223,101
2021 $7,033 $546,820 $328,093 $218,727
2019 $6,935 $530,603 $318,362 $212,241
2018 $6,637 $520,200 $312,120 $208,080
2016 $5,249 $426,405 $324,880 $101,525
2015 $5,040 $420,000 $320,000 $100,000
2014 $4,441 $368,767 $173,640 $195,127
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 14-737277

The MLS

APN: 7204-006-027