NOT LISTED FOR SALE

1501 Ridgecrest Way Monterey Park, CA 91754

Estimated Value: $819,000 - $1,144,000

3 Beds
2 Baths
1,463 Sq Ft
$650/Sq Ft Est. Value

Last Sold February 13, 2014

Last sale price $400,000 $273 Per Sq Ft

Est. 138% increase in value since last sale

Current estimated payment $5,579/month

13 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Brightwood Elementary School Rated A
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of February 2014

Great location house on the hill top of Monterey Park, very nice and quiet neigborhood with desirable Brightwood School. Very convenience to 10, 60 and 710 freeways.

Last Agent to Sell the Property

ANITA CHENG

SKY TERRACE INCORPORATION License #01915445 Listed on: 12/29/2013

Last Buyer's Agent

Kent Wong

KENT REALTY & INVESTMENT License #00826052

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,458

Year Built

  • Built in 1959

Lot Details

  • 6,469 Sq Ft Lot
  • Back and Front Yard

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,463 Sq Ft Home
  • Living Room with Fireplace

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 60
  • Tax Tract Number 21877
  • Assessor Parcel Number 5252031015

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,458

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5252031015
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1463.00
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 273.41
  • Room Type: Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Kitchen
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Alhambra

Lot Info

  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6469.00
  • Lot Size Acres: 0.1490

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6469.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 60
  • Tax Tract Number: 21877

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 17, 2020
Sold by
Wong Tiffany
Bought by
Wong Allen
Current Estimated Value
$950,672

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$212,000
Outstanding Balance
$191,801
Interest Rate
4.37%
Mortgage Type
New Conventional
Estimated Equity
$758,871

Purchase Details

Closed on
May 29, 2014
Sold by
Wong Tiffany
Bought by
Wong Allen and Wong Tiffany

Purchase Details

Listed on
Dec 29, 2013
Closed on
Feb 9, 2014
Sold by
Wong Allen and Wong Arthur
Bought by
Wong Tiffany
Seller's Agent
ANITA CHENG
SKY TERRACE INCORPORATION
Buyer's Agent
Kent Wong
KENT REALTY & INVESTMENT
List Price
$549,900
Sold Price
$400,000
Premium/Discount to List
-$149,900
-27.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.71%
Original Mortgage
$240,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Nov 13, 2012
Sold by
Wong Josephine
Bought by
Wong Allen

Purchase Details

Closed on
Mar 11, 1994
Sold by
Wong Arthur and Wong Jane Adele
Bought by
Wong Allen and Wong Josephine

Purchase Details

Closed on
Oct 18, 1993
Sold by
Ogita Daniel E and Ogita Kyung Hee
Bought by
Wong Arthur and Wong Jane Adele

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
6.74%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wong Allen -- Westminster Title Company
Wong Allen -- Accommodation
Wong Tiffany $400,000 Nations Title Company
Wong Allen -- None Available
Wong Allen -- --
Wong Arthur $251,500 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Allen $212,000
Closed Wong Tiffany $240,000
Previous Owner Wong Arthur $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2014 02/13/14 Sold $400,000 -27.3% $273 / Sq Ft
12/29/2013 12/29/13 For Sale $549,900 -- $376 / 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 $6,458 $490,331 $392,269 $98,062
2024 $6,458 $480,718 $384,578 $96,140
2023 $6,327 $471,293 $377,038 $94,255
2022 $6,030 $462,053 $369,646 $92,407
2021 $6,041 $452,995 $362,399 $90,596
2019 $5,743 $439,561 $351,651 $87,910
2018 $5,704 $430,943 $344,756 $86,187
2016 $5,272 $414,212 $331,370 $82,842
2015 $5,189 $407,991 $326,393 $81,598
2014 $4,580 $348,691 $197,016 $151,675
Source: Public Records

Agents Affiliated with this Home

  • A

    Seller's Agent in 2014

    ANITA CHENG

    SKY TERRACE INCORPORATION

    (626) 237-1883

    9 Total Sales

    ANITA CHENG
    Section Image

  • K

    Buyer's Agent in 2014

    Kent Wong

    KENT REALTY & INVESTMENT

    (626) 282-9228

    3 Total Sales

    Kent Wong
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS13253150

California Regional Multiple Listing Service (CRMLS)

APN: 5252-031-015

California Los Angeles County Monterey Park 91754

1501 Ridgecrest Way, Monterey Park, CA

This home is located at 1501 Ridgecrest Way, Monterey Park, CA 91754 since 29 December 2013 and is currently estimated at $950,672, approximately $649 per square foot. This property was built in 1959. 1501 Ridgecrest Way is a home located in Los Angeles County with nearby schools including Brightwood Elementary School, Mark Keppel High School, and KIPP Sol Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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