NOT LISTED FOR SALE

1305 Milam Place Monterey Park, CA 91755

Estimated Value: $984,000 - $1,129,000

3 Beds
1.5 Baths
1,412 Sq Ft
$733/Sq Ft Est. Value

Last Sold June 07, 2024

Last sale price $1,080,000 $765 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $6,437/month

12 Days on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Bathtub
  • Repetto Elementary School Rated A-
  • Eat-In Kitchen
  • Tile Countertops

About This Home

As of June 2024

This lovely single-story home located in a desirable cul-de-sac in an excellent area of Monterey Park provides you with the convenience of being in close proximity to all things necessary for easy living. The professionally designed and maintained front yard with multiple mature fruit trees adds to the curb appeal of this home and as you enter, you are welcomed by an elegant and open living room perfectly complemented with a classic brick faced fireplace. The charming kitchen boasts a built-in refrigerator and it opens up to the indoor laundry room with extra cabinet space. The home features 3 bedrooms and 1.5 bathrooms and 2 bedrooms have built-in desks and shelves. This property includes a comfortably-sized backyard with a beautiful view of the city lights and additional highlights including an attached 2-car garage, an individual private parking space, central A/C and a private paved courtyard. This home’s prime location provides easy access to the I-10 & I-60 Freeway and local hot-spots such as AMC Atlantic Times Square, Costco, grocery & shopping plazas, gyms, banks, supermarkets, and plenty of tasty eateries!

Last Agent to Sell the Property

Sharon Liu

Re/Max Premier Prop Arcadia Brokerage Phone: 626-758-0937 License #01720175 Listed on: 05/01/2024

Re/Max Premier Prop Arcadia

Last Buyer's Agent

Liza Luna-Chan

MERIT REALTY GROUP License #01931120

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,101

Year Built

  • Built in 1953

Lot Details

  • 8,446 Sq Ft Lot
  • Sprinkler System
  • Back Yard
  • Property is zoned MPR1YY

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,412 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Combination Dining and Living Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Dishwasher
  • Tile Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Bathtub
  • Walk-in Shower

Schools

  • Mark Keppel High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 92
  • Tax Tract Number 17447
  • Assessor Parcel Number 5264007008

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,101

Year Built

Built in 1953

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: MPR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5264007008
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1412.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area, In Kitchen, In Living Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 764.87
  • Room Type: All Bedrooms Down, Kitchen, Living Room
  • Bathroom Features: Bathtub, Shower
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Alhambra
  • High School: Mark Keppel
  • High School: Mark Keppel
  • High School2: MARKEP

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Sprinkler System
  • Lot Size Sq Ft: 8446.00
  • Lot Size Acres: 0.1939
  • Latitude Manual: 34.04811100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8446.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4826.00
  • Tax Lot: 92
  • Tax Tract Number: 17447

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2024
Closed on
May 29, 2024
Sold by
Raffetto Family Survivors Trust and Raffetto Robert Guy
Bought by
Zordilla George Q
Seller's Agent
Sharon Liu
Re/Max Premier Prop Arcadia
Buyer's Agent
Liza Luna-Chan
MERIT REALTY GROUP
List Price
$965,000
Sold Price
$1,080,000
Premium/Discount to List
$115,000
11.92%
Views
37
Current Estimated Value
$1,034,553

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$45,447
Avg. Annual Appreciation
-3.30%
Original Mortgage
$580,000
Outstanding Balance
$572,809
Interest Rate
7.17%
Mortgage Type
New Conventional
Estimated Equity
$461,745

Purchase Details

Closed on
Sep 23, 2022
Sold by
Raffetto Family 1999 Trust and Raffetto Robert Guy
Bought by
Raffetto Family Survivors Trust and Raffetto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$844,939
Interest Rate
5.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 1999
Sold by
Raffetto Robert J and Raffetto Barbara C
Bought by
Raffetto Robert J and Raffetto Barbara C
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
Zordilla George Q $1,080,000 Wfg National Title
Raffetto Family Survivors Trust -- None Listed On Document
Raffetto Robert J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zordilla George Q $580,000
Previous Owner Raffetto Family Survivors Trust $844,939
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/07/2024 06/07/24 Sold $1,080,000 +11.9% $765 / Sq Ft
05/01/2024 05/01/24 For Sale $965,000 -- $683 / 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 $11,101 $1,101,600 $941,562 $160,038
2024 $11,101 $840,480 $585,480 $255,000
2023 $1,498 $88,308 $36,021 $52,287
2022 $1,438 $86,577 $35,315 $51,262
2021 $1,411 $84,880 $34,623 $50,257
2019 $1,367 $82,364 $33,597 $48,767
2018 $1,283 $80,750 $32,939 $47,811
2016 $1,202 $77,616 $31,661 $45,955
2015 $1,183 $76,451 $31,186 $45,265
2014 $1,176 $74,955 $30,576 $44,379
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR24081381

California Regional Multiple Listing Service (CRMLS)

APN: 5264-007-008