NOT LISTED FOR SALE

1183 N Ridge Place Monterey Park, CA 91754

Estimated Value: $1,097,062 - $1,201,000

3 Beds
2 Baths
1,362 Sq Ft
$853/Sq Ft Est. Value

Last Sold April 24, 2013

Last sale price $580,000 $426 Per Sq Ft

Est. 100% increase in value since last sale

Current estimated payment $7,110/month

Highlights

  • City Lights View
  • Corner Lot
  • Private Yard
  • Brightwood Elementary School Rated A
  • Granite Countertops
  • No HOA

About This Home

As of December 2015

Fantastic opportunity to move into this great neighborhood of Monterey Park. Adjacent Brightwood Elementary, downtown LA, ELAC, hospital and shops. Easy access to greater LA areas via major fwys (10, 60, and 710). 3 bedrooms and 2 bathrooms with newly remodel kitchen, fireplace in spacious living room, 2 car garages, side-patio with backyard picturesque view looking towards Catalina Island.

Last Agent to Rent the Property

JOEY ZHAO

High Ten Partners, Inc. License #01899900 Listed on: 10/05/2015

Co-Listed By

Rafael Cortez

High Ten Partners, Inc. License #01848041

Last Renter's Agent

JOEY ZHAO

High Ten Partners, Inc. License #01899900 Listed on: 10/05/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,326

Year Built

  • Built in 1959

Lot Details

  • 8,027 Sq Ft Lot
  • Wrought Iron Fence
  • Corner Lot
  • Private Yard
  • Back Yard

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Garage Door Opener

Property Views

  • City Lights
  • Neighborhood

Home Design

  • Turnkey
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 1,362 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Carpet
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Sewer Paid

Additional Features

  • More Than Two Accessible Exits
  • Urban Location

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Security Deposit $5,000
  • Rent includes gardener
  • 12-Month Minimum Lease Term
  • Available 11/15/15
  • Assessor Parcel Number 5252023009

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,326

Year Built

Built in 1959

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: Security Deposit
  • Available Date: 2015-11-15
  • Credit Check Paid By: Tenant
  • Deposit Key: 50
  • Deposit Other: 250
  • Deposit Security: 5000
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Inclusions: Gardener
  • Property Attached: No
  • Security: Smoke Detector(s)
  • View: Yes
  • Architectural Style: Ranch
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 5252023009
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1362.00
  • Interior Amenities: Balcony, Granite Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 1.84
  • Room Type: All Bedrooms Down

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: City Lights, Neighborhood
  • Fence: Yes
  • Fencing: Wrought Iron
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage, Garage Door Opener
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Refrigerator
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Urban

Lot Info

  • Lot Features: Back Yard, Corner Lot, Yard
  • Lot Size Sq Ft: 8027.00
  • Price Per Lot Square Foot: 0.31
  • Lot Size Acres: 0.1840

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 8027.0000 Square Feet
  • Rent Includes: Gardener

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2012
Closed on
Mar 29, 2013
Sold by
Espinoza Margaret and Thorpe Maura F
Bought by
Dhawan Family
Seller's Agent
KATHLEEN MURAKAMI
COBA REAL ESTATE & MANAGEMENT
Buyer's Agent
Rafael Cortez
High Ten Partners, Inc.
List Price
$650,000
Sold Price
$580,000
Premium/Discount to List
-$70,000
-10.77%
Current Estimated Value
$1,162,266

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$582,266
Avg. Annual Appreciation
5.79%
Source: Public Records

Range of Values:

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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
Dhawan Family $580,000 California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dhawan Family $163,619
Closed Dhawan Family Limited Partnership $220,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/01/2015 12/01/15 Rented $2,500 0.0% --
10/05/2015 10/05/15 For Rent $2,500 +6.4% --
07/17/2013 07/17/13 Rented $2,350 +4.4% --
07/17/2013 07/17/13 Under Contract -- -- --
07/02/2013 07/02/13 For Rent $2,250 0.0% --
04/24/2013 04/24/13 Sold $580,000 -3.2% $426 / Sq Ft
03/09/2013 03/09/13 Pending -- -- --
02/12/2013 02/12/13 Price Changed $599,000 -7.8% $440 / Sq Ft
11/06/2012 11/06/12 For Sale $650,000 -- $477 / 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 $9,326 $714,217 $494,906 $219,311
2024 $9,326 $700,213 $485,202 $215,011
2023 $9,137 $686,485 $475,689 $210,796
2022 $8,705 $673,025 $466,362 $206,663
2021 $8,604 $659,829 $457,218 $202,611
2019 $8,298 $640,259 $443,657 $196,602
2018 $8,281 $627,706 $434,958 $192,748
2016 $7,651 $603,333 $418,069 $185,264
2015 $7,531 $594,272 $411,790 $182,482
2014 $7,426 $582,632 $403,724 $178,908
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS15218649

California Regional Multiple Listing Service (CRMLS)

APN: 5252-023-009