NOT LISTED FOR SALE

1906 Magnolia Dr Monterey Park, CA 91755

Estimated Value: $1,073,489 - $1,219,000

4 Beds
2 Baths
1,876 Sq Ft
$611/Sq Ft Est. Value

Last Sold June 06, 2014

Last sale price $638,000 $340 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $6,875/month

14 Days on Market

Highlights

  • Loft
  • No HOA
  • Eat-In Kitchen
  • Garvey (Richard) Intermediate School Rated A-
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of June 2014

This south facing two-story home features a fantastic floor plan. The first level has 3 bedrooms, 2 baths, a large living room, kitchen and dining area combo. The second level offers a large family room, wet bar area along with the 4th bedroom, which can easily be converted into one large master. There is direct access to the 2-car garage with laundry hookups. The large front and backyard have great curb appeal. The home is located within walking distance to the prestigious Hillcrest Elementary and it’s within Mark Keppel High School’s boundaries. First time on the market in over 28 years! Priced for a quick sale!

Last Agent to Sell the Property

John Man

ManRealty.com License #01388408 Listed on: 04/23/2014

Last Buyer's Agent

SOU PING TANG

High Ten Partners, Inc. License #01019870

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,511

Year Built

  • Built in 1960

Lot Details

  • 6,455 Sq Ft Lot
  • Back Yard

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,876 Sq Ft Home
  • Living Room with Fireplace
  • Loft
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 86
  • Tax Tract Number 17412
  • Assessor Parcel Number 5276006015

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,511

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5276006015
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1876.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 340.09
  • Room Type: Loft, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Back Yard
  • Lot Size Sq Ft: 6455.00
  • Lot Size Acres: 0.1480

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6455.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 86
  • Tax Tract Number: 17412

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2014
Closed on
May 7, 2014
Sold by
Myint Ma Aye and Ma Aye Myint Living Trust
Bought by
Wong Barry C and Wu So Fern
Seller's Agent
John Man
ManRealty.com
Buyer's Agent
SOU PING TANG
High Ten Partners, Inc.
List Price
$599,988
Sold Price
$638,000
Premium/Discount to List
$38,012
6.34%
Current Estimated Value
$1,146,122

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$508,122
Avg. Annual Appreciation
5.27%
Original Mortgage
$400,000
Outstanding Balance
$215,171
Interest Rate
4.25%
Mortgage Type
New Conventional
Estimated Equity
$930,951

Purchase Details

Closed on
Oct 17, 1996
Sold by
Myint Ma Aye
Bought by
Myint Ma Aye and The Ma Aye Myint Living Trust
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
Wong Barry C $638,000 Pacific Coast Title
Myint Ma Aye -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Barry C $400,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/06/2014 06/06/14 Sold $638,000 +6.3% $340 / Sq Ft
05/07/2014 05/07/14 Pending -- -- --
04/23/2014 04/23/14 For Sale $599,988 -- $320 / 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 $10,511 $782,088 $469,378 $312,710
2024 $10,511 $766,754 $460,175 $306,579
2023 $10,158 $751,720 $451,152 $300,568
2022 $9,694 $736,981 $442,306 $294,675
2021 $9,647 $722,532 $433,634 $288,898
2019 $9,283 $701,103 $420,773 $280,330
2018 $9,212 $687,357 $412,523 $274,834
2016 $8,455 $660,668 $396,505 $264,163
2015 $8,288 $650,746 $390,550 $260,196
2014 $3,522 $267,544 $107,014 $160,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR14083421

California Regional Multiple Listing Service (CRMLS)

APN: 5276-006-015