NOT LISTED FOR SALE

1061 Brightwood St Monterey Park, CA 91754

Estimated Value: $995,000 - $1,147,009

4 Beds
2 Baths
1,632 Sq Ft
$648/Sq Ft Est. Value

Last Sold October 25, 2024

Last sale price $1,000,000 $613 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,849/month

11 Days on Market

Highlights

  • Wood Flooring
  • Main Floor Bedroom
  • 2 Car Direct Access Garage
  • Brightwood Elementary School Rated A
  • No HOA
  • Bathtub with Shower

About This Home

As of October 2024

Calling all creative minds! This charming single-level home in Monterey Park's Brightwood community is your blank canvas. Featuring 4 bedrooms, 1.75 baths, and a spacious backyard, this property is bursting with potential. The central A/C will keep you cool on hot summer days, while the cozy fireplace adds warmth and ambiance. Some of the windows have been recently updated, letting in plenty of natural light. The former swimming pool has been filled in with permits and replaced with beautiful turf, perfect for barbecues, games, or simply relaxing outdoors. Let your imagination run wild and personalize the interior and exterior with your favorite paint colors. This is your chance to create a home that reflects your unique style.

Last Agent to Sell the Property

Kinney Yong

Re/Max Connections Brokerage Email: KYong@REMAX.net License #00868481 Listed on: 09/13/2024

Re/Max Connections

Last Buyer's Agent

Kinney Yong

Re/Max Connections Brokerage Email: KYong@REMAX.net License #00868481 Listed on: 09/13/2024

Re/Max Connections

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,579

Year Built

  • Built in 1956

Lot Details

  • 6,027 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned MPR1YY

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Driveway Up Slope From Street

Home Design

  • Cosmetic Repairs Needed
  • Interior Block Wall
  • Asphalt Roof

Interior Spaces

  • 1,632 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Carbon Monoxide Detectors
  • Gas Cooktop

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Schools

  • Brightwood Elementary School

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 57
  • Tax Tract Number 21870
  • Assessor Parcel Number 5253016007
  • $501 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,579

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s)
  • Subdivision Name Other: Brightwood
  • View: No
  • Zoning: MPR1YY
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5253016007
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1632.00 Square Feet
  • Interior Amenities: Block Walls
  • Stories: 1
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Flooring: Laminate, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 612.75
  • Room Type: All Bedrooms Down, Main Floor Bedroom
  • Bathroom Features: Bathtub, Shower, Shower In Tub

Exterior Features

  • Pool Private: No
  • Roof: Asphalt
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Driveway Up Slope From Street, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Alhambra
  • Elementary School: Brightwood
  • Elementary School: Brightwood
  • Elementary School #2: BRIGHT

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6027.00
  • Lot Size Acres: 0.1384

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6027.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4820.02
  • Tax Lot: 57
  • Tax Tract Number: 21870
  • TaxOtherAnnualAssessmentAmount: 501.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2024
Closed on
Sep 26, 2024
Sold by
Lao Family Living Trust and Lao Candace O
Bought by
Liang Wenkel and Yu Jingyi
Seller's Agent
Kinney Yong
Re/Max Connections
Buyer's Agent
Kinney Yong
Re/Max Connections
List Price
$1,050,000
Sold Price
$1,000,000
Premium/Discount to List
-$50,000
-4.76%
Views
22
Current Estimated Value
$1,057,502

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$57,502
Avg. Annual Appreciation
6.64%

Purchase Details

Closed on
Jan 10, 2022
Sold by
Okada Lao Candace
Bought by
Lao Family Living Trust

Purchase Details

Closed on
Oct 31, 1998
Sold by
Okada Victor N and Okada Doris M
Bought by
Okada Victor N and Okada Doris M
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Liang Wenkel $1,000,000 Orange Coast Title Company
Lao Family Living Trust -- --
Lao Candace Okada -- --
Okada Victor N -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Okada Victor N $200,000
Previous Owner Okada Victor N $158,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/25/2024 10/25/24 Sold $1,000,000 -4.8% $613 / Sq Ft
09/26/2024 09/26/24 For Sale $1,050,000 +5.0% $643 / Sq Ft
09/25/2024 09/25/24 Off Market $1,000,000 -- --
09/25/2024 09/25/24 Pending -- -- --
09/13/2024 09/13/24 For Sale $1,050,000 -- $643 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,579 $1,000,000 $801,800 $198,200
2024 $13,579 $1,034,157 $672,098 $362,059
2023 $13,304 $1,013,880 $658,920 $354,960
2022 $2,224 $148,295 $49,345 $98,950
2021 $2,187 $145,388 $48,378 $97,010
2019 $2,116 $141,078 $46,944 $94,134
2018 $2,013 $138,313 $46,024 $92,289
2016 $1,871 $132,944 $44,238 $88,706
2015 $1,841 $130,948 $43,574 $87,374
2014 $1,822 $128,384 $42,721 $85,663
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24185233

California Regional Multiple Listing Service (CRMLS)

APN: 5253-016-007