NOT LISTED FOR SALE

117 E Arlight St Monterey Park, CA 91755

Estimated Value: $815,000 - $985,000

3 Beds
2 Baths
1,160 Sq Ft
$773/Sq Ft Est. Value

Last Sold February 15, 2022

Last sale price $830,000 $716 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $5,790/month

48 Days on Market

Highlights

  • Guest House
  • No HOA
  • Air Conditioning
  • Wood Flooring
  • 1 Car Attached Garage
  • Views

About This Home

As of February 2022

Back on the Market/subject to cancellation. Possible 2 units! Seller will credit $15,000.00 toward Buyers closing costs/NRCC. The seller has done some updated remodeling for this home in Monterey Park, 2bedrooms and 1 bath in front and separate Studio and 1bath with permits in back. In-law quarters or rent it out for more profits. Total bedrooms are 3beds and 2 baths. Newly remodeled beautiful nice size kitchen with new counters and cabinets, with appliances, separate laundry room, and nice sized bedrooms. Perfect for first-time buyers, huge wonderful backyard with plenty of fruits to enjoy ( Peaches, apple, orange, lemon, avocado, and so much more) with solar sprinklers systems for front and back. Close to schools, shops, restaurants, banks, freeways, and more. This is a gem to grow your family Hurry and make your best offers. Nothing like this one in the area.

Last Agent to Sell the Property

Dana Park

VIP Premier Realty Corp License #01427551 Listed on: 11/26/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,326

Year Built

  • Built in 1949 | Remodeled

Lot Details

  • 5,775 Sq Ft Lot
  • Front and Back Yard Sprinklers
  • Back Yard
  • Property is zoned MPR1*

Interior Spaces

  • 1,160 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Dining Area
  • Property Views

Kitchen

  • Gas and Electric Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Parking

  • 1 Car Attached Garage
  • 2 Open Parking Spaces
  • Driveway
  • RV Potential

Additional Homes

  • Guest House

Utilities

  • Air Conditioning
  • Cooling System Mounted In Outer Wall Opening
  • Forced Air Heating System
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5274-012-008

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,326

Year Built

Built in 1949 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Street Number Display: Yes
  • Disability Access: 2+ Access Exits
  • Exclusions: staging items
  • Living Area: 1160
  • Lot Acreage: 0.1326
  • Planned Urban Dev: 0
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1949
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Tile, Hardwood, Laminate
  • Appliances: Gas/Electric Range
  • Bedrooms: 3
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Bathroom Features: Remodeled
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area
  • Kitchen Features: Remodeled, Counter Top
  • Laundry: Room, Laundry Area
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Gas Or Electric Dryer Hookup, Dishwasher, Ceiling Fan, Refrigerator, Garbage Disposal
  • Price Per S Q F T: 745.69

Exterior Features

  • Other Features: Two On A Lot
  • Other Structures: GuestHouse
  • Pool: No
  • Spa Yn: No
  • View: Yes

Garage/Parking

  • Other Spaces: 2
  • Parking Garage: Driveway, RV Possible, Garage Is Attached
  • Total Parking: 1

Utilities

  • Water Heater: Water Heater Unit
  • Cooling: Air Conditioning, Wall Unit(s)
  • Heating: Forced Air
  • Sewer: In Connected and Paid
  • Water: Public

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Sprinklers: Sprinkler System, Front, Rear
  • Horses: No
  • Assessor Parcel Number: 5274-012-008
  • Lot Description: Back Yard
  • Lot Size Area: 5775

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 26, 2021
Closed on
Feb 3, 2022
Sold by
Harvard 59 Llc
Bought by
Zhen Jim Son and Zhen Soraya Jane
Seller's Agent
Dana Park
VIP Premier Realty Corp
List Price
$865,000
Sold Price
$830,000
Premium/Discount to List
-$35,000
-4.05%
Current Estimated Value
$896,196

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$66,196
Avg. Annual Appreciation
2.19%
Original Mortgage
$581,000
Outstanding Balance
$541,614
Interest Rate
3.56%
Mortgage Type
New Conventional
Estimated Equity
$354,582

Purchase Details

Listed on
Aug 2, 2020
Closed on
Aug 12, 2021
Sold by
Maese Rachel Ramirez and Escobedo David John
Bought by
Harvard 59 Llc
Seller's Agent
Luz Bago
Litenew Realty
Buyer's Agent
Dana Park
VIP Premier Realty Corp
List Price
$675,000
Sold Price
$680,000
Premium/Discount to List
$5,000
0.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
48.98%
Original Mortgage
$544,000
Interest Rate
2.9%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 8, 2016
Sold by
Maese Rachel Ramirez
Bought by
Maese Rachel Ramirez and Escobedo David John

Purchase Details

Closed on
Nov 21, 2006
Sold by
Maese Rachel R
Bought by
Ruiz Alexander M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
6.28%
Mortgage Type
Unknown

Purchase Details

Closed on
Jul 15, 2004
Sold by
Maese Rachel R and Maese Rachael R
Bought by
Ruiz Alexander M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.06%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 25, 2001
Sold by
Maese Rachael R and Escobedo David
Bought by
Maese Rachael R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.15%
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
Zhen Jim Son $830,000 Old Republic Title
Harvard 59 Llc $680,000 Provident Title Company
Maese Rachel Ramirez -- None Available
Maese Rachel Ramirez -- None Available
Ruiz Alexander M -- Accommodation
Ruiz Alexander M -- Ticor Title Company Of Ca
Maese Rachael R -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhen Jim Son $581,000
Previous Owner Harvard 59 Llc $544,000
Previous Owner Maese Rachel R $167,900
Previous Owner Ruiz Alexander M $174,000
Previous Owner Maese Rachel R $250,000
Previous Owner Ruiz Alexander M $52,000
Previous Owner Maese Rachael R $30,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2022 02/15/22 Sold $830,000 -4.0% $716 / Sq Ft
01/13/2022 01/13/22 Pending -- -- --
01/05/2022 01/05/22 For Sale $865,000 0.0% $746 / Sq Ft
11/28/2021 11/28/21 Pending -- -- --
11/26/2021 11/26/21 For Sale $865,000 +27.2% $746 / Sq Ft
08/18/2021 08/18/21 Sold $680,000 +0.7% $586 / Sq Ft
09/17/2020 09/17/20 For Sale $675,000 -0.7% $582 / Sq Ft
09/16/2020 09/16/20 Pending -- -- --
08/18/2020 08/18/20 Off Market $680,000 -- --
08/02/2020 08/02/20 For Sale $675,000 -- $582 / 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 $11,326 $880,801 $704,641 $176,160
2024 $11,326 $863,531 $690,825 $172,706
2023 $11,359 $846,600 $677,280 $169,320
2022 $9,057 $680,000 $544,000 $136,000
2021 $1,282 $78,703 $31,685 $47,018
2020 $1,273 $77,897 $31,361 $46,536
2019 $1,238 $76,371 $30,747 $45,624
2018 $1,211 $74,875 $30,145 $44,730
2016 $1,166 $71,969 $28,975 $42,994
2015 $1,106 $70,889 $28,540 $42,349
2014 $1,098 $69,501 $27,981 $41,520
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-107983

The MLS

APN: 5274-012-008