Seller's Agent in 2021
Dean Griffith
Coldwell Banker Realty
(626) 445-5500
1 in this area
72 Total Sales
1653 S Mcpherrin Ave Monterey Park, CA 91754
Estimated Value: $1,046,000 - $1,673,000
4
Beds
2
Baths
1,652
Sq Ft
$862/Sq Ft
Est. Value
Highlights
- In Ground Pool
- 1.02 Acre Lot
- Private Yard
- View of Catalina
- Wood Flooring
- No HOA
About This Home
As of October 2021Opportunity knocks at the end of a quiet cul-de-sac in the hills of Monterey Park! This 4-bed, 2-bath single-level home is situated on a spectacular 1-acre+ breathtaking view lot and is on the market for the first time ever. This amazing property is 1 of just 9 single-family residential lots of over 1 acre in the entire city of Monterey Park. The home features a large living room with fireplace, an adjacent dining area with amazing views, a spacious kitchen with amazing views, 4 spacious bedrooms, and 2 bathrooms. Other features of the home include wood floors throughout, central heat, and an attached 2-car garage with laundry hook ups. The rear yard features jaw-dropping panoramic views that span from the Downtown LA skyline to the Palos Verdes peninsula & Catalina Island on a clear day. The rear yard also features a large covered patio area, large swimming pool (currently drained), and an expansive 1-acre+ hillside lot, which includes a nearly 2,800 sq ft flat pad, below the pool area. This property provides endless opportunities and potential for possible expansion or new development, including a potential ADU. The phrase "location, location, location" is especially appropriate for this stunning lot, which is without a doubt the jewel of the neighborhood. This property is conveniently located to Downtown LA, Pasadena, Cal State LA, USC Medical Center, and multiple freeways. Do not miss this rare and amazing opportunity!
Last Agent to Sell the Property
Coldwell Banker Realty License #01452542 Listed on: 09/10/2021
Last Buyer's Agent
Dean Griffith
Coldwell Banker Arcadia License #01452542
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $17,956
Year Built
- Built in 1953
Lot Details
- 1.02 Acre Lot
- Cul-De-Sac
- Chain Link Fence
- Lot Sloped Down
- Private Yard
- Back and Front Yard
- Value in Land
- Property is zoned MPR1*
Parking
- 2 Car Attached Garage
- Parking Available
Property Views
- Catalina
- Panoramic
- City Lights
- Hills
Home Design
- Fixer Upper
- Slab Foundation
- Composition Roof
Interior Spaces
- 1,652 Sq Ft Home
- 1-Story Property
- Living Room with Fireplace
- Combination Dining and Living Room
- Wood Flooring
Kitchen
- Dishwasher
- Tile Countertops
Bedrooms and Bathrooms
- 4 Main Level Bedrooms
- 2 Full Bathrooms
- Bathtub
- Walk-in Shower
Laundry
- Laundry Room
- Laundry in Garage
Utilities
- Central Heating
- Water Heater
Additional Features
- In Ground Pool
- Suburban Location
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 116
- Tax Tract Number 17823
- Assessor Parcel Number 5263027022
- $554 per year additional tax assessments
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Sep 10, 2021
Closed on
Sep 27, 2021
Sold by
Sft Investment Properties Llc
Bought by
Perez Robert F and Tran T
Seller's Agent
Dean Griffith
Coldwell Banker Realty
Buyer's Agent
Dean Griffith
Coldwell Banker Realty
List Price
$1,098,000
Sold Price
$1,320,000
Premium/Discount to List
$222,000
20.22%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$103,220
Avg. Annual Appreciation
1.95%
Original Mortgage
$858,000
Interest Rate
2.8%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 7, 2012
Sold by
Stanton John R and Stanton Patrick M
Bought by
Sft Investment Properties Llc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Perez Robert F | $1,320,000 | Equity Title Los Angeles | |
| Sft Investment Properties Llc | -- | None Available | |
| Stanton John R | -- | None Available | |
| Sft Investment Properties Llc | -- | None Available | |
| Stanton John R | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Closed | Perez Robert F | $858,000 | |
| Previous Owner | Stanton John R | $168,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 10/01/2021 10/01/21 | Sold | $1,320,000 | +20.2% | $799 / Sq Ft |
| 09/22/2021 09/22/21 | Pending | -- | -- | -- |
| 09/10/2021 09/10/21 | For Sale | $1,098,000 | -- | $665 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $17,956 | $1,400,793 | $1,167,328 | $233,465 |
| 2024 | $17,956 | $1,373,328 | $1,144,440 | $228,888 |
| 2023 | $18,009 | $1,346,400 | $1,122,000 | $224,400 |
| 2022 | $17,387 | $1,320,000 | $1,100,000 | $220,000 |
| 2021 | $1,933 | $116,823 | $42,779 | $74,044 |
| 2019 | $1,868 | $113,360 | $41,511 | $71,849 |
| 2018 | $1,801 | $111,139 | $40,698 | $70,441 |
| 2016 | $1,730 | $106,824 | $39,118 | $67,706 |
| 2015 | $1,641 | $105,220 | $38,531 | $66,689 |
| 2014 | $1,643 | $103,160 | $37,777 | $65,383 |
Source: Public Records
Agents Affiliated with this Home
-
Dean Griffith
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR21200262
APN: 5263-027-022
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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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