NOT LISTED FOR SALE

322 Montechico Dr Monterey Park, CA 91754

Estimated Value: $1,346,000 - $1,634,000

4 Beds
3 Baths
2,450 Sq Ft
$607/Sq Ft Est. Value

Last Sold July 08, 2022

Last sale price $1,398,000 $571 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $9,311/month

20 Days on Market

Highlights

  • Golf Course Community
  • Panoramic View
  • Deck
  • Brightwood Elementary School Rated A
  • Midcentury Modern Architecture
  • Wood Flooring

About This Home

As of July 2022

Welcome to this mid-century modern home with a panoramic 180° view of the mountains and the city lights below. Although this is the first time on the market in over 60 years, this family home has been well cared for and maintained. As you enter the main level, you will see the high beamed wood ceiling, the living room with fireplace and original hardwood floors throughout the living room and dining room. There are two sliding glass doors that lead out onto the patio deck, which has the breathtaking view. In the galley kitchen, the skylight and the over-the-sink bay windows offer light to brighten it up. The master bedroom has built-in shelving, and a sliding glass door to the patio deck. There is new laminate wood flooring in the master bedroom and second bedroom as well. The master bathroom has a skylight, double vanity and a new shower door. As you venture downstairs on the new carpet, there is a large family room, ideal for entertaining, a second patio with a view, 2 additional bedrooms and 1 bathroom. The bonus room has a utility sink, a gas line, built-in shelving and a separate entrance, which can be used for an office, storage, or an extra kitchen. The backyard offers a lemon tree, orange tree and a Meyer lemon tree. It's located in the Alhambra school district to highly rated Brightwood Elementary and Mark Keppel High School. Close to parks, shopping and restaurants and easy access to the 10, 710 and 60 freeways.

Last Agent to Sell the Property

Cynthia Hom

QUEEN'S REALTY CO. License #01123476 Listed on: 04/16/2022

Last Buyer's Agent

Gary Frueholz

Engel & Völkers Pasadena License #01149526

Engel & Völkers Pasadena

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 7,578 Sq Ft Lot
  • Sprinklers on Timer
  • Back Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned MPR1*

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage

Property Views

  • Panoramic
  • City Lights
  • Mountain

Home Design

  • Midcentury Modern Architecture

Interior Spaces

  • 2,450 Sq Ft Home
  • 2-Story Property
  • Beamed Ceilings
  • Ceiling Fan
  • Skylights
  • Recessed Lighting
  • Bay Window
  • Family Room
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Storage

Kitchen

  • Galley Kitchen
  • Gas Oven
  • Gas Cooktop
  • Trash Compactor

Flooring

  • Wood
  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Deck
  • Patio
  • Exterior Lighting

Schools

  • Brightwood Elementary School
  • Mark Keppel High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Legal Lot and Block 6 / 4
  • Tax Tract Number 9855
  • Assessor Parcel Number 5261011022
  • $491 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Golf Course Community
  • Park

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: MPR1*
  • Architectural Style: Mid Century Modern
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5261011022
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2450.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Ceiling Fan(s), Recessed Lighting, Storage
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 570.61
  • Room Type: Bonus Room, Family Room, Galley Kitchen, Living Room, Main Floor Master Bedroom, Master Bathroom
  • Window Features: Bay Window(s), Skylight(s)
  • Bathroom Features: Double Sinks In Master Bath

Exterior Features

  • Patio: Yes
  • View: City Lights, Mountain(s), Panoramic
  • Patio And Porch Features: Deck
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Cooktop, Trash Compactor
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Golf, Park, Street Lights

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: 0-1 Unit/Acre, Back Yard, Sprinkler System, Sprinklers Timer
  • Lot Size Sq Ft: 7578.00
  • Lot Size Acres: 0.1740
  • Latitude Manual: 34.05934200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7578.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 4821.01
  • Tax Lot: 6
  • Tax Tract Number: 9855
  • TaxOtherAnnualAssessmentAmount: 491.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 16, 2022
Closed on
Jul 1, 2022
Sold by
Mancha G And Jerry Kurilich Jr Trust
Bought by
Demus James Alexander and Demus Elizabeth Cobian
Seller's Agent
Cynthia Hom
QUEEN'S REALTY CO.
Buyer's Agent
Gary Frueholz
Engel & Völkers Pasadena
List Price
$1,118,000
Sold Price
$1,398,000
Premium/Discount to List
$280,000
25.04%
Current Estimated Value
$1,486,269

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$88,269
Avg. Annual Appreciation
1.76%
Original Mortgage
$848,000
Outstanding Balance
$806,845
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$679,424

Purchase Details

Closed on
Aug 24, 2014
Sold by
Kurilich Mancha G and Kurilich Jerry
Bought by
Mancha G & Jerry Kurilich Jr Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Demus James Alexander $1,398,000 Lawyers Title
Mancha G & Jerry Kurilich Jr Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Demus James Alexander $848,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/08/2022 07/08/22 Sold $1,398,000 0.0% $571 / Sq Ft
05/06/2022 05/06/22 Pending -- -- --
05/03/2022 05/03/22 Off Market $1,398,000 -- --
05/03/2022 05/03/22 For Sale $1,118,000 -20.0% $456 / Sq Ft
04/29/2022 04/29/22 Off Market $1,398,000 -- --
04/16/2022 04/16/22 For Sale $1,118,000 -- $456 / 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 $18,464 $1,454,479 $1,040,400 $414,079
2024 $18,464 $1,425,960 $1,020,000 $405,960
2023 $18,088 $1,398,000 $1,000,000 $398,000
2022 $2,362 $157,887 $40,628 $117,259
2021 $2,318 $154,792 $39,832 $114,960
2019 $2,241 $150,202 $38,651 $111,551
2018 $2,180 $147,258 $37,894 $109,364
2016 $2,017 $141,541 $36,423 $105,118
2015 $1,985 $139,416 $35,876 $103,540
2014 $1,966 $136,686 $35,174 $101,512
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS22077144

California Regional Multiple Listing Service (CRMLS)

APN: 5261-011-022