NOT LISTED FOR SALE

7682 El Rio Verde Cir La Palma, CA 90623

Estimated Value: $998,000 - $1,065,000

3 Beds
2 Baths
1,480 Sq Ft
$698/Sq Ft Est. Value

Last Sold May 22, 2024

Last sale price $998,000 $674 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,287/month

51 Days on Market

Highlights

  • Main Floor Bedroom
  • Granite Countertops
  • 2 Car Direct Access Garage
  • Carver Elementary School Rated A
  • No HOA
  • Cul-De-Sac

About This Home

As of May 2024

Welcome to this charming home, ideally located in the coveted ABC School District. This property boasts a comfortable 1,480 square feet of living space, complete with three well-sized bedrooms and two full bathrooms. As soon as you enter, you'll be greeted by an abundance of natural light, illuminating the entire space to create a warm and welcoming atmosphere throughout the home. The kitchen is truly the heart of this home, designed with functionality in mind to delight those who have a passion for cooking and entertaining. Step outside to discover a lush backyard complete with a patio area. It's the ideal spot for outdoor dining, or simply relaxing after a busy day. What's more, this home is situated in a prime location in a "double" cul-de-sac and a safe walking distance to the park. On top of that, you're only a short distance away from shopping centers, dining options, and major freeways. This offers unparalleled convenience for your daily commute and leisure activities.

Last Agent to Sell the Property

Brian Barbour

eXp Realty of California, Inc. Brokerage Phone: 714-606-4334 License #01942439 Listed on: 03/01/2024

Last Buyer's Agent

Ramya Sundararaman

Crown Realty and Finance, Inc. License #01992812

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,998

Year Built

  • Built in 1970

Lot Details

  • 5,021 Sq Ft Lot
  • Cul-De-Sac
  • Fenced
  • Fence is in excellent condition
  • Property is zoned CERS5000

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Combination Of Materials Used In The Driveway

Home Design

  • Spanish Tile Roof

Interior Spaces

  • 1,480 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Family Room with Fireplace
  • Living Room
  • Dining Room
  • Vinyl Flooring

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Dryer
  • Washer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Concrete Porch or Patio
  • Exterior Lighting

Schools

  • Cerritos High School

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 36
  • Tax Tract Number 25530
  • Assessor Parcel Number 7044013014
  • $511 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Dog Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,998

Year Built

Built in 1970

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: CERS5000
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 7044013014
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1480.00 Square Feet
  • Interior Amenities: Recessed Lighting
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 674.32
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom, Main Floor Primary Bedroom
  • Bathroom Features: Shower In Tub, Double Sinks In Primary Bath
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Excellent Condition
  • Patio And Porch Features: Concrete
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway - Combination, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Refrigerator
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Garage, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Dog Park, Street Lights, Suburban

Schools

  • School District: ABC Unified
  • High School: Cerritos
  • High School: Cerritos
  • High School2: CERRIT

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 5021.00
  • Lot Size Acres: 0.1153

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5021.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5545.19
  • Tax Lot: 36
  • Tax Tract Number: 25530
  • TaxOtherAnnualAssessmentAmount: 511.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 1, 2024
Closed on
May 14, 2024
Sold by
Atul And Rita Patel Trust and Patel Atul V
Bought by
Venkataramu Kiran Mysore and Guruprasad Archana
Seller's Agent
Brian Barbour
eXp Realty of California, Inc.
Buyer's Agent
Ramya Sundararaman
Crown Realty and Finance, Inc.
List Price
$975,000
Sold Price
$998,000
Premium/Discount to List
$23,000
2.36%
Views
65
Current Estimated Value
$1,033,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$35,430
Avg. Annual Appreciation
2.78%
Original Mortgage
$913,715
Outstanding Balance
$902,441
Interest Rate
6.82%
Mortgage Type
FHA
Estimated Equity
$130,989

Purchase Details

Closed on
Nov 1, 2021
Sold by
Patel Atul V and Patel Rita A
Bought by
Patel Atul V and Patel Rita A

Purchase Details

Closed on
Apr 27, 2010
Sold by
Choe Jinkyu and Choe Young Hee
Bought by
Patel Atul

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
Interest Rate
3.75%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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Average Value
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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
Venkataramu Kiran Mysore $998,000 Commonwealth Land Title Compan
Patel Atul V -- Accommodation
Patel Atul V -- Accommodation
Patel Atul $525,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Venkataramu Kiran Mysore $913,715
Previous Owner Patel Atul V $332,500
Previous Owner Patel Atul V $333,800
Previous Owner Patel Atul V $337,000
Previous Owner Patel Atul $401,000
Previous Owner Patel Atul $410,000
Previous Owner Patel Atul $417,000
Previous Owner Choe Jinkyu $100,000
Previous Owner Choe Jinkyu $378,000
Previous Owner Choe Jinkyu $40,000
Previous Owner Choe Jinkyu $208,402
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/22/2024 05/22/24 Sold $998,000 +2.4% $674 / Sq Ft
04/23/2024 04/23/24 For Sale $975,000 -2.3% $659 / Sq Ft
04/22/2024 04/22/24 Pending -- -- --
04/16/2024 04/16/24 Off Market $998,000 -- --
04/16/2024 04/16/24 For Sale $975,000 -2.3% $659 / Sq Ft
04/15/2024 04/15/24 Off Market $998,000 -- --
03/13/2024 03/13/24 For Sale $975,000 -2.3% $659 / Sq Ft
03/11/2024 03/11/24 Off Market $998,000 -- --
03/01/2024 03/01/24 For Sale $975,000 -- $659 / 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 $7,998 $1,017,960 $803,454 $214,506
2024 $7,998 $664,381 $531,510 $132,871
2023 $7,734 $651,355 $521,089 $130,266
2022 $7,616 $638,584 $510,872 $127,712
2021 $7,437 $626,063 $500,855 $125,208
2019 $7,264 $607,496 $486,000 $121,496
2018 $6,728 $595,585 $476,471 $119,114
2016 $6,464 $572,460 $457,970 $114,490
2015 $6,381 $563,862 $451,091 $112,771
2014 $6,250 $552,817 $442,255 $110,562
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24038121

California Regional Multiple Listing Service (CRMLS)

APN: 7044-013-014