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16327 Millstream Lane

16327 Millstream Lane, Cerritos, CA 90703
Property in Cerritos
Sold Dec 20, 2023
$735,000
$661,420 by U.s. Bank National Association
Mortgage Due Jan 01, 2054
Sold Mar 25, 2020
$500,000
$490,943 by United Wholesale Mortgage
Mortgage Due Apr 01, 2050
16327 Millstream Lane has been categorized by the local assessors in Cerritos, CA as a residential type of property. The building on the property was first built in 1976 and is 48 years old. The home has a total of 7 rooms. 2 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. The building has a total of 2 stories. In addition, 16327 Millstream Lane has 1,376 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 880 ft and across the front of the lot is 200 ft. The area measurement of the land has been determined as 1,857 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The building has a gable style roof made of wood shake/ shingles. The exterior walls of the building are made of stucco. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. 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, 16327 Millstream Lane sold most recently in Nov 29, 2023 for a total of $735,000. If you work out the math, that's approximately a cost of $534.16 per sqft. Before that, the property was also sold for $500,000 in Jan 29, 2020. 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 $6,138 in taxes each year. The initial year of tax delinquency occurred in 2019. 16327 Millstream Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $525,585. If we break it down further, the land itself was valued at $333,537. Improvements to the property, however, were assessed at a total of $192,048. 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: 1976
  • Effective Year Built: 1976
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • 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
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 1,857
  • Lot Size Depth Feet: 880
  • Lot Size Frontage Feet: 200
  • Total Building Area: 1,376
  • Building Area: 1,376
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,376
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 30145
  • Land Acres: 0.043
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TRACT NO 30145 LOT/SEC 75

Ownership

  • Current Owner : KU JOHNNY
  • Previous Owner : MENDEZ AMY N
  • Previous Owner 2: ENGLETON ROBERT E
  • Owner Before Previous Owner: HSU GILBERT CHI FONG
  • Owner Before Previous Owner 2: HSU HERTA S
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

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

Zoning

  • Zoning: CEADP3

Geography

  • Assessors Map Reference: 82-B4
  • Subdivision Tract Number: 30145
  • Parcel: 7010-007-075
  • Lot: 75
  • Municipality: SOUTH /CERRITOS
  • Latitude: 33.8824
  • Longitude: -118.067

    Address

  • Full Address: 16327 Millstream Ln
  • Address - House Number: 16327
  • Address - Street Name: Millstream
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Cerritos
  • Carrier Code: C011
  • 4-Digit Zip Code: 2084
  • Zip Code: 90703

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,138
  • Intital Tax Deliquent Year: 2019
  • Tax Rate Code Area: 02-493

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 96
  • Final Value: 747,894
  • High Value: 798,573
  • Low Value: 697,215

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $661,420
  • First Open Lien Mortgage Lender: U.S. BANK NATIONAL ASSOCIATION
  • First Open Lien Mortgage Recording Date: Dec 20, 2023
  • First Open Lien Mortgage Loan Amount: $661,420
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jan 01, 2054

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $525,585
  • Assessed Land Value: $333,537
  • Assessed Improvements Value: $192,048

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Nov 29, 2023
  • Current Sale Recording Date: Dec 20, 2023
  • Current Sale Transaction ID: 11918358724
  • Current Sale Price: $735,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 894476
  • Previous Sale Recording Date: Mar 25, 2020
  • Previous Sale Contract Date: Jan 29, 2020
  • Previous Sale Amount: $500,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: U.S. BANK NATIONAL ASSOCIATION
  • First Mortgage Transaction Date: Dec 20, 2023
  • First Mortgage Loan Amount: $661,420
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2054

    Previous Mortgages

  • Previous Mortgage Lender: UNITED WHOLESALE MORTGAGE
  • Previous Mortgage Transaction Date: Mar 25, 2020
  • Previous Mortgage Loan Amount: $490,943
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Apr 01, 2050

About Cerritos



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Frequently Asked Questions

What neighborhood is 16327 Millstream Lane located in?
The 16327 Millstream Lane is a located in the neighborhood of Cerritos in Cerritos, Cerritos.
What is the average sales price for listings in 16327 Millstream Lane?
The average sales price for units in 16327 Millstream Lane is $0 currently.

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