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1049 Cerritos Drive

1049 Cerritos Drive, Fullerton, CA 92835
Property in Orange
Sold Oct 13, 2023
$1,305,000
$335,000 by Paramount Residential Mortgage
Mortgage Due Nov 01, 2053
1049 Cerritos Drive has been categorized by the local assessors in Fullerton, CA as a residential type of property. The building on the property was first built in 1951 and is 73 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1049 Cerritos Drive has 1,980 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,230 ft and across the front of the lot is 750 ft. The area measurement of the land has been determined as 9,000 square feet.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. For the features and amenities located on the property. There is a garage for those who require parking. The garage measured 350 sqft. According to our sources, there are a total of 2 available parking spaces. Love to swim? You'll be excited to find out that there is a pool on the property. Moving on to the building itself. The condition of the building has been evaluated as average. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1049 Cerritos Drive sold most recently in Sep 12, 2023 for a total of $1,305,000. If you work out the math, that's approximately a cost of $659.09 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $5,941 in taxes each year. 1049 Cerritos Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $530,499. If we break it down further, the land itself was valued at $404,191. Improvements to the property, however, were assessed at a total of $126,308. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1951
  • Effective Year Built: 1951
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Average
  • Building Quality: C
  • Floor Count: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Garage Square Area: 350
  • Parking Space Count: 2
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 9,000
  • Lot Size Depth Feet: 1,230
  • Lot Size Frontage Feet: 750
  • Total Building Area: 1,980
  • Gross Building Area: 1,980
  • Building Area: 1,980
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,980
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO. 1312
  • Land Acres: 0.207
  • Standard Land Use Code: Single family residential
  • Legal Description 1: N TR 1312 BLK LOT 95

Ownership

  • Current Owner : HAIL TRAVIS S
  • Current Owner 2: HAIL JULIE K
  • Previous Owner : STEVEN TOVEY
  • Previous Owner 2: STEVEN DONNA TOVEY
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Fullerton Joint Union High School District
  • Census Tract: 001706

Geography

  • Assessors Map Reference: 6-B4
  • Subdivision Tract Number: 1312
  • Parcel: 028-293-02
  • Lot: 95
  • Latitude: 33.8833
  • Longitude: -117.935

    Address

  • Full Address: 1049 Cerritos Dr
  • Address - House Number: 1049
  • Address - Street Name: Cerritos
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Fullerton
  • Carrier Code: C007
  • 4-Digit Zip Code: 4017
  • Zip Code: 92835

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $5,941
  • Tax Rate Code Area: 03-003

    Appraisal Valuation

  • Standard Deviation: 0.0506
  • Valuation Date: Oct 18, 2023
  • Confidence Score: 99
  • Final Value: 1,323,891
  • High Value: 1,390,918
  • Low Value: 1,256,865

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $335,000
  • First Open Lien Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Open Lien Mortgage Recording Date: Oct 13, 2023
  • First Open Lien Mortgage Loan Amount: $335,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: VA
  • First Open Lien Mortgage Loan Due Date: Nov 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $530,499
  • Assessed Land Value: $404,191
  • Assessed Improvements Value: $126,308

    Sales

  • Current Sale Contract Date: Sep 12, 2023
  • Current Sale Recording Date: Oct 13, 2023
  • Current Sale Transaction ID: 11914426804
  • Current Sale Price: $1,305,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 251085

    Last Sale Mortgage

  • First Mortgage Lender: PARAMOUNT RESIDENTIAL MORTGAGE
  • First Mortgage Transaction Date: Oct 13, 2023
  • First Mortgage Loan Amount: $335,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: VA
  • First Mortgage Loan Due Date: Nov 01, 2053

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Frequently Asked Questions

What neighborhood is 1049 Cerritos Drive located in?
The 1049 Cerritos Drive is a located in the neighborhood of Orange in Fullerton, Fullerton.
What is the average sales price for listings in 1049 Cerritos Drive?
The average sales price for units in 1049 Cerritos Drive is $0 currently.

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