NOT LISTED FOR SALE

325 W Riggin St Monterey Park, CA 91754

Estimated Value: $938,000 - $1,127,000

4 Beds
2 Baths
1,768 Sq Ft
$576/Sq Ft Est. Value

Last Sold November 05, 2021

Last sale price $848,500 $480 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $6,325/month

15 Days on Market

Highlights

  • No HOA
  • Living Room
  • 2 Car Garage
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Back and Front Yard

About This Home

As of November 2021

Location, Location, Location! Take a look at this amazing opportunity to build passive income & get yourself set up for retirement. Opportunities like this do not come along often. 325 & 327 W. Riggin are very clean units and maintained very well. The pride of ownership will show the second you see these units. Each unit has its own indoor laundry, garage parking, and spacious living area. 325 and 327 W. Riggin are located in a highly sought after part of Monterey Park. Minutes from ELAC, DTLA, Freeways and all of life's needs like great restaurants, gas stations, banks, parks, the metro station, etc. This is one that you do not want to miss out on.

Last Agent to Sell the Property

Jim Trabbie

Keller Williams - Eagle Rock License #01757007 Listed on: 09/22/2021

Keller Williams - Eagle Rock

Last Buyer's Agent

ASHLEY TANG

HANDFORE REALTY CORP. License #01937309

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,874

Year Built

  • Built in 1949

Lot Details

  • 6,393 Sq Ft Lot
  • 1 Common Wall
  • Back and Front Yard

Parking

  • 2 Car Garage
  • On-Street Parking

Home Design

  • Duplex

Interior Spaces

  • 1,768 Sq Ft Home
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Septic Type Unknown

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 264
  • Tax Tract Number 15673
  • Assessor Parcel Number 5273014035
  • $533 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,874

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: MPR2*
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 5273014035
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1768.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 479.92
  • Room Type: Kitchen, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking Features: Garage, Street
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Unknown
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Montebello Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 6393.00
  • Lot Size Acres: 0.1468

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6393.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 4827.01
  • Tax Lot: 264
  • Tax Tract Number: 15673
  • TaxOtherAnnualAssessmentAmount: 533.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 22, 2021
Closed on
Oct 16, 2021
Sold by
Vincenza Rago Family Trust
Bought by
Huie Michael Dickman
Seller's Agent
Jim Trabbie
Keller Williams - Eagle Rock
Buyer's Agent
ASHLEY TANG
HANDFORE REALTY CORP.
List Price
$775,000
Sold Price
$848,500
Premium/Discount to List
$73,500
9.48%
Current Estimated Value
$1,019,110

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$170,610
Avg. Annual Appreciation
4.72%
Original Mortgage
$635,250
Outstanding Balance
$578,714
Interest Rate
2.88%
Mortgage Type
New Conventional
Estimated Equity
$440,396

Purchase Details

Closed on
Sep 28, 2005
Sold by
Morrone Sante
Bought by
Rago Vincenza

Purchase Details

Closed on
Dec 3, 1993
Sold by
Rago Domenick and Rago Vincenza
Bought by
Rago Domenick

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.74%

Purchase Details

Closed on
Nov 22, 1993
Sold by
Morrone Sante
Bought by
Rago Domencik and Rago Vincenza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.74%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

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.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Huie Michael Dickman $848,500 Stewart Title Of California In
Rago Vincenza -- None Available
Rago Domenick -- Progressive Title
Rago Domencik -- Progressive Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huie Michael Dickman $635,250
Previous Owner Rago Domencik $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/05/2021 11/05/21 Sold $848,500 +9.5% $480 / Sq Ft
10/07/2021 10/07/21 Pending -- -- --
09/22/2021 09/22/21 For Sale $775,000 -- $438 / 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 $11,874 $900,433 $688,192 $212,241
2024 $11,730 $882,779 $674,699 $208,080
2023 $11,763 $865,470 $661,470 $204,000
2022 $11,361 $848,500 $648,500 $200,000
2021 $4,215 $293,158 $133,780 $159,378
2019 $4,059 $284,464 $129,813 $154,651
2018 $4,070 $278,887 $127,268 $151,619
2016 $3,917 $268,060 $122,327 $145,733
2015 $3,687 $264,034 $120,490 $143,544
2014 $3,646 $258,863 $118,130 $140,733
Source: Public Records

Agents Affiliated with this Home

  • Jim Trabbie

    Seller's Agent in 2021

    Jim Trabbie

    Keller Williams - Eagle Rock

    (626) 656-5088

    5 in this area

    48 Total Sales

    Jim Trabbie
    Section Image

  • A

    Buyer's Agent in 2021

    ASHLEY TANG

    HANDFORE REALTY CORP.

    (626) 636-5208

    6 in this area

    26 Total Sales

    ASHLEY TANG
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR21209395

California Regional Multiple Listing Service (CRMLS)

APN: 5273-014-035

California Los Angeles County Monterey Park 91754

325 W Riggin St, Monterey Park, CA

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.

California Regional Multiple Listing Service (CRMLS) 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

Nearby Homes