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12640 Lucas Street

12640 Lucas Street, Cerritos, CA 90703
Property in Cerritos
Sold May 01, 2020
$945,000
$425,000 by Bay Valley Mortgage Group
Mortgage Due May 01, 2035
Sold Jul 27, 2006
$820,000
$656,000 by Nbgi Inc
Mortgage Due Aug 01, 2036
12640 Lucas Street in Cerritos, CA was first built in 1970 and is 54 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. There are a total of 2 floors. There are a total of 10 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 12640 Lucas Street has 2,480 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 520 ft and the linear feet between the front and back of the lot is 960. In total, the area measurement of the land is 5,020 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The home has a gable style roof made of wood shake/ shingles. For those who need parking, there is a attached garage. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as good. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 12640 Lucas Street sold most recently in Apr 22, 2020 for a total of $945,000. If you work out the math, that's approximately a cost of $381.05 per sqft. Before that, the property was also sold for $820,000 in Jun 13, 2006. 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 $11,471 in taxes each year. 12640 Lucas Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $993,362. If we break it down further, the land itself was valued at $631,127. Improvements to the property, however, were assessed at a total of $362,235. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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: 1970
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 10
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Attached
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 5,020
  • Lot Size Depth Feet: 960
  • Lot Size Frontage Feet: 520
  • Total Building Area: 2,480
  • Building Area: 2,480
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,480
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 29217
  • Land Acres: 0.115
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 29217 LOT/SEC 13

Ownership

  • Current Owner : KIM YONG SUK
  • Current Owner 2: PARK KYOUNG HOON
  • Previous Owner : OH SANG HEE
  • Previous Owner 2: OH CHANG HWAN
  • Owner Before Previous Owner: VIADO MARLON A
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: ABC Unified School District
  • Census Tract: 554512

Zoning

  • Zoning: CERS5000

Geography

  • Assessors Map Reference: 82-C5
  • Subdivision Tract Number: 29217
  • Parcel: 7012-018-012
  • Lot: 13
  • Municipality: SOUTH /CERRITOS-EAST
  • Latitude: 33.8772
  • Longitude: -118.062

    Address

  • Full Address: 12640 Lucas St
  • Address - House Number: 12640
  • Address - Street Name: Lucas
  • Address - Suffix Type: St
  • State: CA
  • City Name: Cerritos
  • Carrier Code: C020
  • 4-Digit Zip Code: 1124
  • Zip Code: 90703

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,471
  • Tax Rate Code Area: 02-563

    Appraisal Valuation

  • Standard Deviation: 0.2151
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 1,256,329
  • High Value: 1,526,575
  • Low Value: 986,083

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $425,000
  • First Open Lien Mortgage Lender: BAY VALLEY MORTGAGE GROUP
  • First Open Lien Mortgage Recording Date: May 01, 2020
  • First Open Lien Mortgage Loan Amount: $425,000
  • First Open Lien Mortgage Term: 180
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: May 01, 2035

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $993,362
  • Assessed Land Value: $631,127
  • Assessed Improvements Value: $362,235

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Apr 22, 2020
  • Current Sale Recording Date: May 01, 2020
  • Current Sale Transaction ID: 11757348260
  • Current Sale Price: $945,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0480559
  • Previous Sale Recording Date: Jul 27, 2006
  • Previous Sale Contract Date: Jun 13, 2006
  • Previous Sale Amount: $820,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BAY VALLEY MORTGAGE GROUP
  • First Mortgage Transaction Date: May 01, 2020
  • First Mortgage Loan Amount: $425,000
  • First Mortgage Terms: 180
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2035

    Previous Mortgages

  • Previous Mortgage Lender: NBGI INC
  • Previous Mortgage Transaction Date: Jul 27, 2006
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $656,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Aug 01, 2036

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Frequently Asked Questions

What neighborhood is 12640 Lucas Street located in?
The 12640 Lucas Street is a located in the neighborhood of Cerritos in Cerritos, Cerritos.
What is the average sales price for listings in 12640 Lucas Street?
The average sales price for units in 12640 Lucas Street is $0 currently.

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