NOT LISTED FOR SALE

1123 Ridgeside Dr Monterey Park, CA 91754

Estimated Value: $1,184,000 - $1,806,000

3 Beds
2 Baths
1,500 Sq Ft
$1,032/Sq Ft Est. Value

Last Sold July 12, 2017

Last sale price $700,000 $467 Per Sq Ft

Est. 121% increase in value since last sale

Current estimated payment $9,516/month

7 Days on Market

Highlights

  • City View
  • Living Room with Fireplace
  • Laundry Room
  • Brightwood Elementary School Rated A
  • No HOA
  • Attic Fan

About This Home

As of July 2017

Paradise Catalina island Million dollars view, and relaxable music space. 3bed 2bath and extra bonus room, big size gym, study room, back yard(10,829sq) and some none confirming space in back. Price to be less than condo price. Property to be sold as is in present physical condition. Seller will show accepted offer only.

Last Agent to Sell the Property

Herman Ki Kim

Special Realty Co. License #00861478 Listed on: 06/26/2017

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,685

Year Built

  • Built in 1960

Lot Details

  • 10,829 Sq Ft Lot
  • Property is zoned MPR1*

Parking

  • 2 Car Garage

Interior Spaces

  • 1,500 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laminate Flooring
  • City Views
  • Attic Fan
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Association fees include cable TV

Listing and Financial Details

  • Assessor Parcel Number 5253-036-005

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,685

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Architectural
  • Street Number Display: Yes
  • Living Area: 1500
  • Stories: 1
  • Year Built: 1960
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Laminate
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Attic Fan
  • Price Per S Q F T: 450.00

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: City
  • View: Yes

Garage/Parking

  • Parking Garage: Garage - 2 Car

Utilities

  • Cooling: Central
  • Heating: Central

Condo/Co-op/Association

  • Association Fees Include: Cable TV
  • HOA: No

Lot Info

  • Assessor Parcel Number: 5253-036-005
  • Geocode Override: No
  • Lot Size Area: 10829

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 26, 2017
Closed on
Jul 17, 2017
Sold by
Maj Ridgewood Llc
Bought by
Lee Ching Lun and Lee Bessie
Seller's Agent
Herman Ki Kim
Special Realty Co.
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$675,000
Sold Price
$700,000
Premium/Discount to List
$25,000
3.7%
Current Estimated Value
$1,548,411

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$848,411
Avg. Annual Appreciation
10.09%

Purchase Details

Listed on
Jun 26, 2017
Closed on
Jun 29, 2017
Sold by
Lee John Hoon
Bought by
Maj Ridgewood Llc
Seller's Agent
Herman Ki Kim
Special Realty Co.
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$675,000
Sold Price
$700,000
Premium/Discount to List
$25,000
3.7%

Purchase Details

Closed on
Oct 28, 2016
Sold by
Lee John Hoon
Bought by
Lee John Hoon and Kim Eun Soon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$541,600
Interest Rate
3.42%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2011
Sold by
Kim Eun S Lee and Lee Eun S
Bought by
Lee John Hoon and Kim Eun S Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
4.71%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2001
Sold by
Lee Eun Soon
Bought by
Lee Eun S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.91%

Purchase Details

Closed on
Jul 31, 1998
Sold by
Lee John Hoon
Bought by
Lee Eun Soon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,700
Interest Rate
6.93%

Purchase Details

Closed on
Jul 28, 1998
Sold by
Trust Moriyama Herbert S Co Tr Moriyama and Moriyama Margaret M
Bought by
Lee Eun Soon

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$182,700
Interest Rate
6.93%
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
Lee Ching Lun $750,000 Chicago Title Company
Maj Ridgewood Llc $700,000 Chioaco Title Company
Lee John Hoon -- First American Title Company
Lee John Hoon -- Chicago Title Company
Lee Eun S -- Southland Title Corporation
Lee Eun Soon -- Fidelity National Title Co
Lee Eun Soon $261,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee John Hoon $541,600
Previous Owner Lee John Hoon $417,000
Previous Owner Lee Eun S $256,000
Previous Owner Lee Eun Soon $182,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/19/2017 08/19/17 Off Market $700,000 -- --
07/12/2017 07/12/17 Sold $700,000 +3.7% $467 / Sq Ft
07/03/2017 07/03/17 Pending -- -- --
06/26/2017 06/26/17 For Sale $675,000 -- $450 / Sq Ft
Source: The MLS

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 $15,685 $1,209,719 $667,674 $542,045
2024 $15,685 $1,186,000 $654,583 $531,417
2023 $11,042 $820,231 $641,749 $178,482
2022 $10,522 $804,149 $629,166 $174,983
2021 $10,289 $788,382 $616,830 $171,552
2019 $9,924 $765,000 $598,536 $166,464
2018 $9,886 $750,000 $586,800 $163,200
2016 $4,504 $345,629 $210,822 $134,807
2015 $4,435 $340,439 $207,656 $132,783
2014 $4,379 $333,771 $203,589 $130,182
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-245860

The MLS

APN: 5253-036-005