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16324 Spring Park Lane

16324 Spring Park Lane, Cerritos, CA 90703
Property in Cerritos
Sold Feb 01, 2013
$485,000
$315,000 by Mortgage Usa Inc
Mortgage Due Oct 01, 2031
Sold Jul 16, 1999
$289,000
$231,200 by Fieldstone Mtg Company
Mortgage Due Aug 01, 2029
16324 Spring Park Lane in Cerritos, CA was first built in 1977 and is 47 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 12 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. 16324 Spring Park Lane has 1,885 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 540 ft and the linear feet between the front and back of the lot is 920. In total, the area measurement of the land is 4,686 square feet.

Learn more about the property and building on this page. The home has a gable style roof made of wood shake/ shingles. Water for the property is sourced from a municipal system. 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 C. 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. The property was last sold in Nov 19, 2012 for $485,000. That's $257.29 per sqft. Prior to that sales transaction, the property was also sold in Jun 7, 1999 for $289,000. 16324 Spring Park Lane was last assessed in 2023. The total value of the property was assessed at $574,040. Specifically, the land the property is located on was valued at $325,606. While improvements on the property were assessed at a total of $248,434. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $6,839. As you can see, there are a lot of things to consider when purchasing a home. For example, have you evaluated your own Debt-To-Income ratio (DTI) and understood how this may impact the number of loan options you have access to? Don't worry, we'll cover the basics such as what a DTI ratio is, how to calculate yours, what most lenders consider to be an ideal ratio, and also provide our tips on how you can improve your score if it is on the higher side. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1977
  • Effective Year Built: 1977
  • Building Count: 1
  • Total Rooms: 12
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: C
  • 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

    Dimensions

  • Lot Size Square Feet: 4,686
  • Lot Size Depth Feet: 920
  • Lot Size Frontage Feet: 540
  • Total Building Area: 1,885
  • Building Area: 1,885
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,885
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 26323
  • Land Acres: 0.108
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: *TR=26323 LOT/SEC 29

Ownership

  • Current Owner : KUNG KO KUO
  • Current Owner 2: SHU YA LIU
  • Previous Owner : WILLIAMS VARICK
  • Previous Owner 2: WILLIAMS YOLANDA
  • Owner Before Previous Owner: KIM JANET MI
  • Ownership Rights Codes: Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: ABC Unified School District
  • Census Tract: 554513

Zoning

  • Zoning: CEADP3

Geography

  • Assessors Map Reference: 82-B4
  • Subdivision Tract Number: 26323
  • Parcel: 7010-018-006
  • Lot: 29
  • Municipality: SOUTH /CERRITOS-EAST
  • Latitude: 33.8827
  • Longitude: -118.072

    Address

  • Full Address: 16324 Spring Park Ln
  • Address - House Number: 16324
  • Address - Street Name: Spring Park
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Cerritos
  • Carrier Code: C011
  • 4-Digit Zip Code: 1938
  • Zip Code: 90703

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,839
  • Tax Rate Code Area: 02-493

    Appraisal Valuation

  • Standard Deviation: 0.2036
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 72
  • Final Value: 1,082,116
  • High Value: 1,302,494
  • Low Value: 861,738

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $315,000
  • First Open Lien Mortgage Lender: MORTGAGE USA INC
  • First Open Lien Mortgage Recording Date: Oct 09, 2001
  • First Open Lien Mortgage Loan Amount: $315,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Oct 01, 2031

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $574,040
  • Assessed Land Value: $325,606
  • Assessed Improvements Value: $248,434

    Sales

  • Current Sale Contract Date: Nov 19, 2012
  • Current Sale Recording Date: Feb 01, 2013
  • Current Sale Transaction ID: 1038290511
  • Current Sale Price: $485,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 13- 0173908
  • Previous Sale Recording Date: Jul 16, 1999
  • Previous Sale Contract Date: Jun 07, 1999
  • Previous Sale Amount: $289,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: FIELDSTONE MTG COMPANY
  • Previous Mortgage Transaction Date: Jul 16, 1999
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $231,200
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Aug 01, 2029

About Cerritos



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Frequently Asked Questions

What neighborhood is 16324 Spring Park Lane located in?
The 16324 Spring Park Lane is a located in the neighborhood of Cerritos in Cerritos, Cerritos.
What is the average sales price for listings in 16324 Spring Park Lane?
The average sales price for units in 16324 Spring Park Lane is $0 currently.

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