12711 Castleford Lane, Cerritos, California 90703, Cerritos, 90703 - 4 bed, 3 bath

12711 Castleford Lane, Cerritos, California 90703 home-pic-0
ACTIVE$2,198,888
12711 Castleford Lane, Cerritos, California 90703
4Beds
3Baths
2,492Sqft
7,806Lot
Year Built
1977
Close
-
List price
$2.2M
Original List price
$1.75M
Price/Sqft
$882
HOA
$320
Days on market
-
Sold On
-
MLS number
PW25009514
Home ConditionGood
Features
Good View: Park/Greenbelt, Neighborhood
Patio
ViewPark/Greenbelt, Neighborhood

About this home

Possibly Over-Priced:The estimated price is 42% below the list price. We found 3 Cons,5 Pros. Rank: price - $2.20M(99th), sqft - 2492(84th), beds - 4(50th), baths - 3(52th).

This stunning home in Shadow Park boasts 4 spacious bedrooms and 3 luxurious bathrooms, offering over 2,492 square feet of living space. With a open-concept design, it provides ample room for family living and entertaining. The property features stylish finishes, a well-appointed kitchen, and a beautiful backyard, making it the perfect blend of comfort and elegance.

Price History

Date
Event
Price
10/30/17
Sold
$1,260,000
Condition Rating
Good

The property, built in 1977, presents as move-in ready with significant recent updates. The kitchen features modern white shaker cabinets, quartz countertops, black appliances, and contemporary lighting, indicating a renovation within the last 5-15 years. One bathroom also shows very modern updates with a vessel sink and stylish tile. Flooring throughout is a mix of clean tile and laminate wood. While the overall aesthetic is fresh and well-maintained, some elements like the drop ceiling in a secondary bathroom suggest not all areas received the same level of recent, high-end renovation. The age of the home (47 years) implies that major systems may not be new, but the visible cosmetic updates are substantial enough to warrant a 'Good' rating.
Pros & Cons

Pros

Spacious & Functional Layout: With over 2,492 square feet, 4 bedrooms, and 3 bathrooms, the open-concept design provides ample room for family living and entertaining.
Modern Interior Appointments: The property features stylish finishes and a well-appointed kitchen, enhancing its aesthetic appeal and functionality.
Desirable Outdoor Living: A beautiful backyard offers appealing outdoor space for relaxation and social gatherings.
Scenic Views: The home benefits from true views of the Park/Greenbelt and neighborhood, adding to its desirability.
Prime Cerritos Location: Located in Cerritos, a highly sought-after city known for its community, amenities, and quality of life.

Cons

Significant Overpricing: The current list price of $2.19M is substantially higher (42% above estimation) than the estimated value and recent comparable sales, indicating a potential market overvaluation.
Property Age & Potential System Updates: Built in 1977, the home is 47 years old, which may imply a need for updates to major systems (e.g., HVAC, plumbing, electrical) if not already addressed, despite cosmetic upgrades.
High Monthly Association Fee: A $320.0 monthly association fee adds a notable recurring expense to the cost of ownership, potentially impacting affordability.

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