NOT LISTED FOR SALE

348 E Riggin St Monterey Park, CA 91755

Estimated Value: $847,000 - $923,014

4 Beds
2 Baths
1,302 Sq Ft
$692/Sq Ft Est. Value

Last Sold October 11, 2018

Last sale price $600,000 $461 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,440/month

21 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Double Oven
  • Lawn
  • Neighborhood Views
  • Laundry Room

About This Home

As of October 2018

Best valued property in the City of Monterey Park, this 4 bedroom, 2 bathroom home features new 12mm laminate wood flooring, new interior paint, and central air. The spacious living room is combined with the dining area. The kitchen has a large breakfast countertop. All bedrooms are good sized with a large master bedroom. There are multiple fruit trees and large area for entertainment in the backyard. This home is perfect as a starter home. Come see it before it’s SOLD!!!!

Last Agent to Sell the Property

John Man

ManRealty.com License #01388408 Listed on: 08/24/2018

Co-Listed By

Philip Chang

MANREALTY.COM License #01870805

Last Buyer's Agent

Romeo Ramirez

Coldwell Banker Quality Properties License #01138996

Coldwell Banker Quality Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 5,840 Sq Ft Lot
  • Lawn
  • Property is zoned MPR1YY

Parking

  • 2 Car Garage
  • Parking Available
  • RV Potential

Home Design

  • Raised Foundation
  • Shingle Roof

Interior Spaces

  • 1,302 Sq Ft Home
  • 1-Story Property
  • Neighborhood Views

Kitchen

  • Double Oven
  • Gas Cooktop

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Additional Features

  • Ramp on the main level
  • Shed
  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 38
  • Tax Tract Number 13118
  • Assessor Parcel Number 5265006040

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: MPR1YY
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5265006040
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1302.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Wood
  • Accessibility Features: Ramp - Main Level
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 460.83
  • Room Type: Master Bathroom, Master Bedroom

Exterior Features

  • Foundation: Raised
  • Other Structures: Shed(s)
  • View: Neighborhood
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage, RV Potential
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Double Oven, Gas Cooktop
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 5840.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4828.00
  • Tax Lot: 38
  • Tax Tract Number: 13118

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 24, 2018
Closed on
Sep 14, 2018
Sold by
Padilla James Mitchell and Margaret L Pedilla Living Trus
Bought by
Aragones Joan Adigati I and Ouach John C
Seller's Agent
John Man
ManRealty.com
Buyer's Agent
Romeo Ramirez
Coldwell Banker Quality Properties
List Price
$585,000
Sold Price
$600,000
Premium/Discount to List
$15,000
2.56%
Current Estimated Value
$900,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$300,504
Avg. Annual Appreciation
5.78%
Original Mortgage
$540,000
Outstanding Balance
$469,942
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$430,562

Purchase Details

Closed on
Oct 9, 2012
Sold by
Padilla Margaret L
Bought by
The Margaret L Padilla Living Trust

Purchase Details

Closed on
Mar 29, 2005
Sold by
Padilla Margaret L
Bought by
Padilla Margaret L and The Margaret L Padilla Living 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
Aragones Joan Adigati I $600,000 Provident Title Company
The Margaret L Padilla Living Trust -- None Available
Padilla Margaret L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Aragones Joan Adigati I $540,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2018 10/11/18 Sold $600,000 +2.6% $461 / Sq Ft
09/14/2018 09/14/18 Pending -- -- --
09/08/2018 09/08/18 For Sale $585,000 -2.5% $449 / Sq Ft
09/04/2018 09/04/18 Off Market $600,000 -- --
08/28/2018 08/28/18 For Sale $585,000 -2.5% $449 / Sq Ft
08/27/2018 08/27/18 Off Market $600,000 -- --
08/24/2018 08/24/18 For Sale $585,000 -- $449 / 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 $8,658 $669,307 $535,447 $133,860
2024 $8,658 $656,185 $524,949 $131,236
2023 $8,679 $643,319 $514,656 $128,663
2022 $8,381 $630,706 $504,565 $126,141
2021 $8,096 $618,340 $494,672 $123,668
2019 $7,778 $600,000 $480,000 $120,000
2018 $1,201 $73,433 $29,928 $43,505
2016 $1,155 $70,583 $28,767 $41,816
2015 $1,095 $69,523 $28,335 $41,188
2014 $1,088 $68,162 $27,780 $40,382
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR18207502

California Regional Multiple Listing Service (CRMLS)

APN: 5265-006-040