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12646 Misty Place, Cerritos, California 90703, Cerritos, 90703 - 5 bed, 4 bath

12646 Misty Place, Cerritos, California 90703 home-pic-0
ACTIVE$2,000,000
12646 Misty Place, Cerritos, California 90703
5Beds
4Baths
3,691Sqft
5,990Lot
Year Built
1989
Close
-
List price
$2M
Original List price
$2M
Price/Sqft
$542
HOA
-
Days on market
-
Sold On
-
MLS number
RS25051018
Home ConditionFair
Features
Patio
View-

About this home

Possibly Over-Priced:The estimated price is 35% below the list price. We found 3 Cons,5 Pros. Rank: price - $2.00M(99th), sqft - 3691(99th), beds - 5(86th), baths - 4(96th).

This 'Fikse' Custom Tudor Style Home is Architecturally Unique & Stylish. Located in One of the Most Desirable Areas in Cerritos. Near Leal Elementary School, Cerritos High, Towne Center, Renowned Library, Performing Arts Center, & Parks. 5 Bedrooms Plus a Den (Used as a Bedroom). Freshly Painted Exterior. Gracious Inviting Foyer Greeted with Impressive Living Room & Dining Room. 2 Bedrooms with Own Full Bath (2 Primaries, 1 Downstairs). Living Room with French Doors Leading to the Side Yard. Formal Dining Room with Gorgeous Chandelier. Family Room with French Doors & Fireplace. Kitchen with Garden Window. Upgraded Downstairs Hall Bath with Granite & Marble. Other Bedrooms are Large with Mirrored Closet Doors. Spacious Upstairs Primary Bedroom with Dual Walk-in Closets and Its Bath with Double Sinks, Spa Tub & Separate Shower Upgraded with Granite. All bathrooms Upgraded. Artistically Designed Den with Built-in Bench/Storage. Oak Accent Throughout. Convenient Inside Laundry Room with Sink and Built-in Cabinets. Dual Central Air Conditioning Units. New Water Heater. Attractive Curb Appeal. Nice Cul-de-sac Street. Must See to Appreciate!

Price History

Date
Event
Price
03/10/05
Sold
$898,000
Condition Rating
Fair
The property was built in 1989, making it 35 years old. While the description states 'all bathrooms upgraded,' the images reveal that these upgrades, particularly the mosaic tile and granite style in the primary bath and the more basic downstairs bath, appear to be from an older renovation (likely 15-20+ years ago) rather than a recent modern one. The kitchen is significantly dated with original-style oak cabinets, white tile countertops, and older appliances, requiring modernization. The overall aesthetic, with extensive oak accents and traditional light fixtures, also points to an older style. However, the property appears well-maintained, with functional updates like dual AC units and a new water heater, preventing it from being rated 'Poor'.
Pros & Cons

Pros

Prime Location: The property is situated in one of the most desirable areas in Cerritos, offering convenient access to top-rated schools (Leal Elementary, Cerritos High), the Towne Center, renowned library, performing arts center, and local parks.
Spacious & Versatile Layout: Featuring 5 bedrooms plus a den (usable as a 6th bedroom) and two primary suites (one downstairs), the home offers ample space and flexibility for multi-generational living or diverse family needs.
Unique Architectural Style: The 'Fikse' Custom Tudor Style Home boasts an architecturally unique and stylish design, providing distinct character and curb appeal.
Recent Updates & Upgrades: The property benefits from a freshly painted exterior, all upgraded bathrooms (including granite, marble, spa tub, and double sinks), dual central air conditioning units, and a new water heater, indicating good maintenance and modern comforts.
Desirable Street & Curb Appeal: Located on a nice cul-de-sac street with attractive curb appeal, enhancing its desirability and quiet neighborhood feel.

Cons

Significant Overpricing/Valuation Gap: The current list price of $2,000,000 is substantially higher than the estimated property value of approximately $1,298,023, and also exceeds a comparable property (3573 sqft, 1986 build) that recently sold for $1,890,000, suggesting it may be significantly overpriced.
Potential for Dated Kitchen: While bathrooms are noted as upgraded, the description only mentions a 'Kitchen with Garden Window' without specifying any recent renovations, which could imply the kitchen may be original or require modernization to meet current buyer expectations.
Average Lot Size for Square Footage: With a lot size of 5990 sqft for a 3691 sqft home, the property offers a relatively modest outdoor space, which might not appeal to buyers seeking a larger yard for extensive landscaping or outdoor activities.

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