NOT LISTED FOR SALE

Estimated Value: $923,248 - $1,448,000

2 Beds
2 Baths
1,300 Sq Ft
$954/Sq Ft Est. Value

Last Sold February 01, 2017

Last sale price $565,000 $435 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $7,475/month

12 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • 1-Story Property
  • Los Cerritos Elementary School Rated A
  • Level Lot

About This Home

As of February 2017

A rare opportunity in the highly desirable Virginia Country Club/Los Cerritos neighborhood. Nearly 9,300 square foot lot in a prime location with immense potential: rehabilitate current property, add square footage, or tear down and start anew. Owner will include previously approved architectural plans for a Modern style 2,324 SF custom home by DMH Studio. Current property is 1,300 square foot 2 BD/2BA plus auxiliary structure of roughly 200 square feet with 3/4 bathroom and two car detached garage. As-is sale.

Last Agent to Sell the Property

Nate Cole

Suprstructur License #01405140 Listed on: 12/10/2016

Last Buyer's Agent

Mark Bores

Berkshire Hathaway Home Srvs License #01196669

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,773

Year Built

  • Built in 1928

Lot Details

  • 9,293 Sq Ft Lot
  • Level Lot
  • Property is zoned LBR1L

Parking

  • 2 Car Garage

Home Design

  • Fixer Upper

Interior Spaces

  • 1,300 Sq Ft Home
  • 1-Story Property
  • Free Standing Fireplace
  • Living Room with Fireplace

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 74
  • Tax Tract Number 5718
  • Assessor Parcel Number 7139029011

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,773

Year Built

Built in 1928

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Los Cerritos (LC)
  • View: No
  • Zoning: LBR1L
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7139029011
  • Year Built: 1928
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1300.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Vinyl, Wood
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room, Free Standing
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 434.62
  • Room Type: Kitchen, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 9293.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 5718.00
  • Tax Lot: 74
  • Tax Tract Number: 5718

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2016
Closed on
Dec 28, 2016
Sold by
Chacon Josefina
Bought by
Chacon Solis Manuel Antonio
Seller's Agent
Nate Cole
Suprstructur
Buyer's Agent
Mark Bores
Berkshire Hathaway Home Srvs
List Price
$559,000
Sold Price
$565,000
Premium/Discount to List
$6,000
1.07%
Current Estimated Value
$1,240,812

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$675,812
Avg. Annual Appreciation
9.42%
Original Mortgage
$417,000
Outstanding Balance
$344,038
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$896,774

Purchase Details

Listed on
Dec 10, 2016
Closed on
Dec 27, 2016
Sold by
Cleary Timothy J and The Timothy J Cleary Trust
Bought by
Solis Manuel Antonio Chacon
Seller's Agent
Nate Cole
Suprstructur
Buyer's Agent
Mark Bores
Berkshire Hathaway Home Srvs
List Price
$559,000
Sold Price
$565,000
Premium/Discount to List
$6,000
1.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$344,038
Interest Rate
4.16%
Mortgage Type
New Conventional
Estimated Equity
$896,774

Purchase Details

Closed on
Mar 30, 2011
Sold by
Cleary Timothy J
Bought by
Cleary Timothy J and The Timothy J Cleary Trust

Purchase Details

Closed on
Jul 7, 2010
Sold by
Cleary Timothy J and Cleary Barbara Reed
Bought by
Cleary Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 25, 1998
Sold by
Tikkanen Anne J
Bought by
Cleary Timothy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.87%

Purchase Details

Closed on
Feb 26, 1997
Sold by
Ward Glenn
Bought by
Tikkanen Anne J and Ward Anne J Tikkanen
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
Chacon Solis Manuel Antonio -- First American Title Company
Solis Manuel Antonio Chacon $565,000 First American Title Company
Cleary Timothy J -- None Available
Cleary Timothy J -- Fidelity National Title Co
Cleary Timothy J $225,000 North American Title
Tikkanen Anne J -- --
Tikkanen Anne J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Solis Manuel Antonio Chacon $417,000
Previous Owner Cleary Timothy J $140,000
Previous Owner Cleary Timothy J $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/01/2017 02/01/17 Sold $565,000 +1.1% $435 / Sq Ft
12/22/2016 12/22/16 Pending -- -- --
12/10/2016 12/10/16 For Sale $559,000 -- $430 / 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 $11,773 $915,194 $524,581 $390,613
2024 $11,773 $897,250 $514,296 $382,954
2023 $11,580 $879,658 $504,212 $375,446
2022 $10,876 $862,411 $494,326 $368,085
2021 $10,660 $845,502 $484,634 $360,868
2020 $10,632 $836,833 $479,665 $357,168
2019 $281 $587,825 $470,260 $117,565
2018 $7,261 $576,300 $461,040 $115,260
2016 $3,642 $297,961 $238,371 $59,590
2015 $3,498 $293,486 $234,791 $58,695
2014 $3,479 $287,738 $230,192 $57,546
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW16761483

California Regional Multiple Listing Service (CRMLS)

APN: 7139-029-011