NOT LISTED FOR SALE

Estimated Value: $1,333,000 - $1,809,847

5 Beds
3 Baths
3,012 Sq Ft
$495/Sq Ft Est. Value

Sale Details

Date Sold: January 31, 2020

Last sale price $1,055,000 $350 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $9,497 / mo

38 Days on Market

Highlights

  • Private Pool
  • City Lights View
  • Zoned Heating and Cooling
  • Brightwood Elementary School Rated A
  • No HOA

About This Home

As of January 2020

Attention Investors, Flippers and Developers!Fantastic view home in Monterey Park! Come see this Charmer ready for your imagination and creativity. This amazing home has a breathtaking 180-degree view of Los Angeles from the 2nd floor. This large, 5-bedroom, 3-bathroom home features 3,012 Sq.ft of living space and sits on a 13,025 Sq.ft lot. There is a huge back yard with a pool, a Koi pond and lots of fruit trees! There is also a storage room and garage. This amazing home is nestled in the peaceful and quiet Monterey Park hillside. The school district is excellent with Brightwood Elementary School and Mark Keppel High School. Convenient to freeways 710,10, and 60, and is close to downtown LA and numerous shopping centers. Money Magazine recently ranked the City of Monterey Park as the 3rd Best Place to live in the U.S. Don't miss this opportunity to acquire an absolute gem in such a charming and safe neighborhood. It's a great fixer upper, you just need your imagination to make this diamond in rough become your dream home. This property has massive potential and is sold as-is.
This is a Probate sale without court confirmation.

Last Agent to Sell the Property

MING SONG

RE/MAX Premier Properties License #01866980 Listed on: 11/24/2019

RE/MAX Premier Properties

Last Buyer's Agent

MING SONG

RE/MAX Premier Properties License #01866980 Listed on: 11/24/2019

RE/MAX Premier Properties

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1958

Lot Details

  • 13,025 Sq Ft Lot
  • Property is zoned MPR1*

Parking

  • 2 Car Garage

Interior Spaces

  • 3,012 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • City Lights Views

Bedrooms and Bathrooms

  • 5 Bedrooms | 2 Main Level Bedrooms
  • 3 Full Bathrooms

Schools

  • Brightwood Elementary School
  • Mark Keppel High School

Additional Features

  • Private Pool
  • Urban Location
  • Zoned Heating and Cooling

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 83
  • Tax Tract Number 21875
  • Assessor Parcel Number 5252016010

Home Details

Home Type

Single Family

Year Built

Built in 1958

Lot Details

0.3 Acres

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: MPR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5252016010
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3012.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 350.27
  • Room Type: Living Room

Exterior Features

  • View: City Lights
  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • Elementary School: Brightwood
  • High School: Mark Keppel
  • Elementary School #2: BRIGHT
  • High School2: MARKEP

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 13025.00
  • Lot Size Acres: 0.2990

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13025.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4820.02
  • Tax Lot: 83
  • Tax Tract Number: 21875

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 24, 2019
Closed on
Jan 24, 2020
Sold by
Bought by
Seller's Agent
MING SONG
RE/MAX Premier Properties
Buyer's Agent
MING SONG
RE/MAX Premier Properties
List Price
$990,000
Sold Price
$1,055,000
Premium/Discount to List
$65,000
6.57%
Current Estimated Value
$1,490,962

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$435,962
Avg. Annual Appreciation
5.44%
Original Mortgage
$844,000
Outstanding Balance
$732,736
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$758,226

Purchase Details

Closed on
Dec 20, 2011
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
3.84%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Aug 23, 2007
Sold by
Bought by

Purchase Details

Closed on
Nov 29, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.14%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 23, 1998
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Monterey Park, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,055,000 First American Title
-- Placer Title Company
-- None Available
-- None Available
-- Diversified Title Company
-- Diversified Title Company
-- Fidelity Title
-- Fidelity Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $844,000
Previous Owner $938,250
Previous Owner $340,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/31/2020 01/31/20 Sold $1,055,000 +6.6% $350 / Sq Ft
01/01/2020 01/01/20 Pending -- -- --
11/24/2019 11/24/19 For Sale $990,000 -- $329 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $15,629 $1,169,285 $730,335 $438,950
2024 $15,202 $1,146,359 $716,015 $430,344
2023 $14,711 $1,108,991 $701,976 $407,015
2022 $14,015 $1,087,247 $688,212 $399,035
2021 $13,849 $1,065,929 $674,718 $391,211
2020 $4,962 $352,867 $120,713 $232,154
2019 $4,822 $345,949 $118,347 $227,602
2018 $4,663 $339,167 $116,027 $223,140
2016 $4,300 $325,998 $111,522 $214,476
2015 $4,233 $321,102 $109,847 $211,255
2014 $4,182 $314,813 $107,696 $207,117
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS19203905

California Regional Multiple Listing Service (CRMLS)

APN: 5252-016-010

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