NOT LISTED FOR SALE

Estimated Value: $610,000 - $631,000

2 Beds
2 Baths
1,120 Sq Ft
4.06 Acres

Last Sold April 09, 2015

Last sale price $370,000 $330 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $3,874/month

Highlights

  • 4.06 Acre Lot
  • Wood Flooring
  • Granite Countertops
  • Abraham Lincoln High School Rated A
  • Park or Greenbelt View
  • Community Pool

About This Home

As of January 2022

Lovely 2 bedrooms condo at Drake Terrace located at Monterey Hills community with green belt views and beautiful outdoor courtyards. 3rd floor unit with specious suite style master bedroom with large walk-in closet and dual vanities and 2 full baths. Second bedroom is generously sized with large wardrobe closet. Cozy fireplace in the living room with patio balcony. Custom cabinets separate living room from formal dining room area. Nice kitchen with granite counter tops and stove, dish washer, microwave and refrigerator are included. Also, individual washer and dryer are inside unit. Upgrade include: wooden shutter, hardwood floor, recessed lights and granite counter tops. 2 assigned parking spaces (tandem) in gated garage with elevator and secure complex with pool, spa and sports court. Wonderful and quite community close to parks and within minutes to Downtown Los Angeles, USC Hospital, South Pasadena Mission District.

Last Agent to Rent the Property

Dan Kim

Team Spirit Realty, Inc. License #02140000 Listed on: 12/21/2021

Last Renter's Agent

Dan Kim

Team Spirit Realty, Inc. License #02140000 Listed on: 12/21/2021

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,358

Year Built

  • Built in 1981

Lot Details

  • 4.06

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Property Views

  • Park or Greenbelt
  • Courtyard

Home Design

  • Split Level Home

Interior Spaces

  • 1,120 Sq Ft Home
  • Living Room with Fireplace
  • Wood Flooring
  • Granite Countertops
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Walk-In Closet
  • 2 Full Bathrooms

Additional Features

  • Exterior Lighting
  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $3,500
  • Rent includes association dues, sewer, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 12/21/21
  • Tax Lot 12
  • Tax Tract Number 35194
  • Assessor Parcel Number 5302012095

Community Details

Overview

  • Property has a Home Owners Association
  • 46 Units

Recreation

  • Tennis Courts
  • Community Pool
  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Condo Details

Home Type

Condominium

Est. Annual Taxes

$5,358

Year Built

Built in 1981

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2021-12-21
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 3500
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Multi Family
  • Other Phone Description: Cell Phone
  • Other Phone Number: 7143192337
  • Property Attached: Yes
  • View: Yes
  • Zoning: LARD5
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 5302012095
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1120.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One, Multi/Split
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2.50
  • Room Type: Kitchen, Laundry, Living Room, Master Bedroom, Walk-In Closet
  • Room Kitchen Features: Granite Counters

Exterior Features

  • View: Courtyard, Park/Greenbelt
  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Assigned, Covered
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub, Tennis Court(s)
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 176679.00
  • Lot Size Acres: 4.0560
  • Latitude Manual: 34.09578600

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 176679.0000 Square Feet
  • Number Of Units In Community: 46
  • Number Of Units Total: 46
  • Rent Includes: Association Dues, Sewer, Trash Collection, Water

Tax Info

  • Tax Census Tract: 2013.02
  • Tax Lot: 12
  • Tax Tract Number: 35194

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 17, 2015
Closed on
Mar 13, 2015
Sold by
Shih Paul R and Shih Stacy Lindsey
Bought by
Kim Debby S
Seller's Agent
Karen Chou
HomeSmart Evergreen Realty
Buyer's Agent
NON-MEMBER NON-MEMBER
NON-MEMBER
List Price
$379,000
Sold Price
$370,000
Premium/Discount to List
-$9,000
-2.37%
Current Estimated Value
$625,916

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,916
Avg. Annual Appreciation
5.08%
Original Mortgage
$270,000
Outstanding Balance
$208,600
Interest Rate
3.76%
Mortgage Type
New Conventional
Estimated Equity
$409,139

Purchase Details

Closed on
Dec 28, 2012
Sold by
Shih Paul R and Shih Stacy Lindsey
Bought by
Shih Paul R and Shih Stacy Lindsey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$242,500
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 1, 2009
Sold by
Shih Paul R
Bought by
Shih Paul R and Chang Lin Chen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,600
Interest Rate
4.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 30, 2009
Sold by
Howard Kristen M
Bought by
Shih Paul R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$239,600
Interest Rate
4.79%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 5, 2003
Sold by
Bae Jeong Hyun
Bought by
Howard Kristen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$22,000
Interest Rate
5.82%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 26, 2001
Sold by
Holbrook Robert D
Bought by
Bae Jeong Hyun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,330
Interest Rate
6.51%

Purchase Details

Closed on
Feb 23, 2001
Sold by
Crew Laquetta and The Laquetta Crew Family Trust
Bought by
Holbrook Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
7.11%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 15, 1999
Sold by
Crew Laquetta R
Bought by
Crew Laquetta and The Laquetta Crew Family 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
Kim Debby S $370,000 Title 365
Shih Paul R -- First American Title Company
Shih Paul R -- Lawyers Title Company
Shih Paul R $299,500 Lawyers Title Company
Shih Paul R -- Lawyers Title Company
Howard Kristen M $219,000 First Southwestern Title
Bae Jeong Hyun $189,000 Equity Title
Holbrook Robert $135,000 Equity Title
Crew Laquetta -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kim Debby S $270,000
Previous Owner Shih Paul R $242,500
Previous Owner Shih Paul R $260,000
Previous Owner Shih Paul R $239,000
Previous Owner Shih Paul R $239,600
Previous Owner Howard Kristen M $72,000
Previous Owner Howard Kristen M $320,000
Previous Owner Howard Kristen M $260,000
Previous Owner Howard Kristen M $22,000
Previous Owner Howard Kristen M $197,000
Previous Owner Bae Jeong Hyun $183,330
Previous Owner Holbrook Robert $11,000
Previous Owner Holbrook Robert $115,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/04/2022 01/04/22 Rented $2,800 0.0% --
12/21/2021 12/21/21 For Rent $2,800 0.0% --
04/09/2015 04/09/15 Sold $370,000 -1.3% $330 / Sq Ft
03/06/2015 03/06/15 Pending -- -- --
02/20/2015 02/20/15 Price Changed $375,000 -1.1% $335 / Sq Ft
01/17/2015 01/17/15 For Sale $379,000 -- $338 / 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 $5,358 $444,675 $183,637 $261,038
2024 $5,358 $435,957 $180,037 $255,920
2023 $5,254 $427,409 $176,507 $250,902
2022 $5,009 $419,030 $173,047 $245,983
2021 $4,944 $410,814 $169,654 $241,160
2019 $4,794 $398,631 $164,623 $234,008
2018 $4,769 $390,816 $161,396 $229,420
2016 $4,552 $375,642 $155,130 $220,512
2015 $3,992 $321,666 $110,300 $211,366
2014 $4,011 $315,366 $108,140 $207,226
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21265417

California Regional Multiple Listing Service (CRMLS)

APN: 5302-012-095