NOT LISTED FOR SALE

1560 Monterey Pass Rd Monterey Park, CA 91754

Estimated Value: $8,898,701

-- Bed
-- Bath
20,815 Sq Ft
$428/Sq Ft Est. Value

About This Home

This home is located at 1560 Monterey Pass Rd, Monterey Park, CA 91754 and is currently estimated at $8,898,701, approximately $427 per square foot. 1560 Monterey Pass Rd is a home located in Los Angeles County with nearby schools including Brightwood Elementary School, Mark Keppel High School, and KIPP Sol Academy.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 28, 2021
Sold by
2005 Patel Family Trust and Patel Laxmiben M
Bought by
Sr Hospitality Group Llc
Current Estimated Value
$8,898,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,000,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 17, 2008
Sold by
Lin Jen Yen and Lin Jui Hwei
Bought by
Patel Madhubhai M and Patel Laxmiben M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$3,010,000
Interest Rate
6.43%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Sr Hospitality Group Llc $7,750,000 New Title Company Name
Patel Madhubhai M $4,750,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sr Hospitality Group Llc $5,000,000
Previous Owner Patel Madhubhai M $3,010,000
Source: Public Records

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 $107,464 $8,093,832 $3,884,021 $4,209,811
2024 $107,464 $7,935,130 $3,807,864 $4,127,266
2023 $105,303 $7,779,540 $3,733,200 $4,046,340
2022 $76,023 $5,640,295 $2,305,628 $3,334,667
2021 $75,045 $5,529,702 $2,260,420 $3,269,282
2019 $70,615 $5,365,690 $2,193,376 $3,172,314
2018 $70,759 $5,260,481 $2,150,369 $3,110,112
2016 $65,149 $5,056,212 $2,066,868 $2,989,344
2015 $64,116 $4,980,264 $2,035,822 $2,944,442
2014 -- $4,882,709 $1,995,944 $2,886,765
Source: Public Records

Map

California Los Angeles County Monterey Park 91754

1560 Monterey Pass Rd, Monterey Park, CA

This home is located at 1560 Monterey Pass Rd, Monterey Park, CA 91754 and is currently estimated at $8,898,701, approximately $427 per square foot. 1560 Monterey Pass Rd 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.

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