NOT LISTED FOR SALE

7100 Cerritos Ave Unit 92 Stanton, CA 90680

Estimated Value: $462,000 - $572,000

2 Beds
1 Bath
825 Sq Ft
$250/mo HOA Fee

Last Sold December 14, 2022

Last sale price $390,000 $473 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $3,224/month

14 Days on Market

Highlights

  • End Unit
  • Cooling System Mounted To A Wall/Window
  • Community Barbecue Grill
  • Community Pool
  • Laundry Room
  • Wall Furnace

About This Home

As of December 2022

Best priced two bedroom unit in the community! This property won't last at this great price. Fabulous 2bedroom 1 bath condo in the middle of
Stanton. Close to parks and shopping, it's central location is perfect. The community has 2 laundry rooms but you have the option to put units in
your condo for a minimal increase in the HOA. Enjoy a fantastic pool, hot tub and clubhouse. This unit end unit location has extra privacy.The bathroom has been upgraded with newer vanity and sink. Perfect for a starter home or for an investor looking to make extra income. Parking includes one covered spot and ample street parking. Low HOAs make this even more affordable. Current tenant keeps the unit pretty tidy.
Tenant Currently paying $1850 per month willing to increase rent to market rate $2100 to stay.
HOA dues include water and trash.

Last Agent to Sell the Property

Nancy Kim

Credent Real Estate License #01269526 Listed on: 10/26/2022

Co-Listed By

Jonathan Kim

Credent Real Estate License #02000753

Last Buyer's Agent

Jesus Perez

Trifecta RE License #01729041

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1971

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $250 Monthly HOA Fees

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room

Parking

  • 1 Parking Space
  • 1 Carport Space
  • Parking Available
  • Parking Lot
  • Parking Permit Required
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 1
  • Tax Tract Number 13063
  • Assessor Parcel Number 93134639
  • $457 per year additional tax assessments

Community Details

Overview

  • Edgewood Association, Phone Number (714) 220-5920
  • Golden West Property Management HOA

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa

Building Details

  • 1 Separate Electric Meter
  • Gross Income $25,200

Property Details

Home Type

Condominium

Year Built

Built in 1971

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Property Attached: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential Income
  • Parcel Number: 93134639
  • Year Built: 1971
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall, End Unit

Exterior Features

  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Parking Space, Permit Required
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Community
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Amenities: Pool, Spa/Hot Tub, Barbecue
  • Association Fee: 250.00
  • Association Fee Frequency: Monthly
  • Association Name: Edgewood
  • Phone: 714-220-5920
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Golden West Property Management

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Income: 25200.00
  • Gross Scheduled Income: 25200.00
  • Number Of Separate Electric Meters: 1
  • Number Of Units Total: 1
  • Rent Control: No

Tax Info

  • Tax Census Tract: 878.01
  • Tax Lot: 1
  • Tax Tract Number: 13063
  • TaxOtherAnnualAssessmentAmount: 457.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2022
Closed on
Dec 7, 2022
Sold by
Mothe Udaya Chaithanya
Bought by
Dominguez Phebe Lea and Dominguez Jan Ezer
Seller's Agent
Nancy Kim
Credent Real Estate
Buyer's Agent
Jesus Perez
Trifecta RE
List Price
$379,000
Sold Price
$390,000
Premium/Discount to List
$11,000
2.9%
Views
163
Current Estimated Value
$495,410

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$105,410
Avg. Annual Appreciation
8.02%
Original Mortgage
$250,000
Outstanding Balance
$242,675
Interest Rate
7.08%
Mortgage Type
New Conventional
Estimated Equity
$252,735

Purchase Details

Listed on
Jul 17, 2018
Closed on
Sep 5, 2019
Sold by
Hood Ryan
Bought by
Mothe Udaya Chaithanya
Seller's Agent
Alyssa Jones
Surterre Properties Inc.
Buyer's Agent
Nancy Kim
Credent Real Estate
List Price
$330,000
Sold Price
$285,000
Premium/Discount to List
-$45,000
-13.64%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.44%
Original Mortgage
$256,500
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 12, 2011
Sold by
Fannie Mae
Bought by
Hood Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$136,451
Interest Rate
4.43%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 11, 2010
Sold by
First Horizon Home Loans
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jul 19, 2010
Sold by
Munua Wendy
Bought by
First Horizon Home Loans

Purchase Details

Closed on
Feb 27, 2007
Sold by
Meekhof David H and Meekhof Rebecca J
Bought by
Munua Wendy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
6.2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 9, 2003
Sold by
Meekhof Calvin J and Meekhof Wilhelmina J
Bought by
Meekhof David H and Meekhof Rebecca J

Purchase Details

Closed on
Aug 28, 1995
Sold by
Meekhof Calvin J and Meekhof Wilhelmina J
Bought by
Meekhof Calvin J and Meekhof Wilhelmina J

Purchase Details

Closed on
Apr 4, 1995
Sold by
Southern California & Arizona Glazier Gl
Bought by
Meekhof Calvin J and Meekhof Wilhelmina J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$36,750
Interest Rate
8.51%
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
Dominguez Phebe Lea $390,000 Lawyers Title
Mothe Udaya Chaithanya $285,000 Chicago Title Company
Hood Ryan $140,000 Old Republic Title Company
Federal National Mortgage Association -- None Available
First Horizon Home Loans $324,561 None Available
Munua Wendy $304,000 Equity Title
Meekhof David H -- --
Meekhof Calvin J -- --
Meekhof Calvin J $52,500 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dominguez Phebe Lea $250,000
Previous Owner Mothe Udaya Chaithanya $256,500
Previous Owner Hood Ryan $136,451
Previous Owner Munua Wendy $304,000
Previous Owner Meekhof Calvin J $36,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/14/2022 12/14/22 Sold $390,000 +2.9% $473 / Sq Ft
10/26/2022 10/26/22 For Sale $379,000 0.0% $459 / Sq Ft
03/12/2020 03/12/20 Rented $1,850 -1.3% --
01/25/2020 01/25/20 For Rent $1,875 0.0% --
10/18/2019 10/18/19 Sold $285,000 -4.7% $345 / Sq Ft View Prior Sale
08/16/2019 08/16/19 Pending -- -- --
06/11/2019 06/11/19 Price Changed $299,000 -0.3% $362 / Sq Ft
03/05/2019 03/05/19 Price Changed $300,000 -7.7% $364 / Sq Ft
10/02/2018 10/02/18 Price Changed $324,900 -1.5% $394 / Sq Ft
07/17/2018 07/17/18 For Sale $330,000 -- $400 / 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 $4,917 $405,756 $351,962 $53,794
2024 $4,917 $397,800 $345,060 $52,740
2023 $4,794 $390,000 $338,294 $51,706
2022 $3,718 $293,711 $243,539 $50,172
2021 $3,751 $287,952 $238,763 $49,189
2020 $3,699 $285,000 $236,315 $48,685
2019 $2,391 $172,157 $121,769 $50,388
2018 $2,358 $168,782 $119,382 $49,400
2017 $2,283 $165,473 $117,041 $48,432
2016 $2,272 $162,229 $114,746 $47,483
2015 $2,246 $159,793 $113,023 $46,770
2014 $2,143 $156,663 $110,809 $45,854
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW22229668

California Regional Multiple Listing Service (CRMLS)

APN: 931-346-39