Seller's Agent in 2013
Ryan Asao
KW Executive
(626) 253-4557
8 in this area
91 Total Sales
416 W Riggin St Monterey Park, CA 91754
Estimated Value: $914,000 - $1,210,000
2
Beds
1
Bath
1,794
Sq Ft
$585/Sq Ft
Est. Value
Highlights
- Property is near a park
- Built-In Features
- Laundry Room
- Private Yard
- Living Room
- Landscaped
About This Home
As of June 2013This investment property is located in the heart of the beautiful city of Monterey Park. Each unit has two spacious bedrooms, a very clean full bath, and new paint and light fixtures. Each unit is identical in size and layout. This turnkey property offers a spacious living room with lots of natural light, a dining area, and a nice clean kitchen with laundry area and breakfast nook. The exterior has been maintained well and offers a nice landscaped yard, a spacious patio area, and a one car garage per unit. Monterey Park is a diverse community located adjacent to three major freeways that provide north-south and east-west access to all of Southern California. Because of its close proximity to Los Angeles, Monterey Park is well served by public rail and bus transit lines. Please note this property is a duplex with addresses 416 & 418 Riggin St. Each unit is 2 bedrooms & 1 bathroom and are approximately 900 sq.ft. With too many amenities to mention please don't miss this great opportunity for a first time buyer or investor!
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $8,686
Year Built
- Built in 1949 | Remodeled
Lot Details
- 5,967 Sq Ft Lot
- 1 Common Wall
- Block Wall Fence
- Landscaped
- Paved or Partially Paved Lot
- Sprinkler System
- Private Yard
- Lawn
- Back and Front Yard
Parking
- 2 Car Garage
- Parking Available
Home Design
- Property Attached
- Turnkey
- Shingle Roof
Interior Spaces
- 1,794 Sq Ft Home
- Built-In Features
- Living Room
- Disposal
- Laundry Room
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Exterior Lighting
- Rain Gutters
Location
- Property is near a park
- Property is near public transit
Utilities
- Wall Furnace
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 015
- Tax Tract Number 5273
- Assessor Parcel Number 5273015015
Community Details
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Gardener Expense $1,140
- Insurance Expense $1,600
- Maintenance Expense $400
- Pest Control $425
- Trash Expense $630
- Water Sewer Expense $630
- Gross Income $2,800
- Net Operating Income $25,615
Additional Features
- 2 Units
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 10, 2014
Sold by
Do Steven Nam
Bought by
Do & Du Family Trust
Current Estimated Value
Purchase Details
Listed on
Apr 4, 2013
Closed on
May 9, 2013
Sold by
Migliaccio Terry J
Bought by
Do Steven Nam and Du Amy Do
Seller's Agent
Ryan Asao
KW Executive
Buyer's Agent
Ryan Asao
KW Executive
List Price
$498,888
Sold Price
$533,000
Premium/Discount to List
$34,112
6.84%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.74%
Purchase Details
Listed on
Apr 4, 2013
Closed on
Apr 16, 2013
Sold by
Maurizio Georgia
Bought by
Maurizio Dominick
Seller's Agent
Ryan Asao
KW Executive
Buyer's Agent
Ryan Asao
KW Executive
List Price
$498,888
Sold Price
$533,000
Premium/Discount to List
$34,112
6.84%
Purchase Details
Closed on
Sep 11, 2008
Sold by
Migliaccio Mary K and Migliaccio Mary
Bought by
Migliaccio Terry J
Purchase Details
Closed on
Sep 18, 2007
Sold by
Migliaccio Mary and Maurizio Dominick
Bought by
Migliaccio Mary
Purchase Details
Closed on
Nov 19, 1997
Sold by
Maurizio Michael Anthony and Maurizio Frances
Bought by
The Maurizio Family Trust
Purchase Details
Closed on
Aug 13, 1997
Sold by
Ellen E Barr Trust and Michael A
Bought by
Maurizio Michael Anthony
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Do & Du Family Trust | -- | None Available | |
| Do Steven Nam | $533,000 | Ticor Title Company | |
| Maurizio Dominick | -- | Ticor Title Company | |
| Migliaccio Terry J | -- | None Available | |
| Migliaccio Mary | -- | None Available | |
| The Maurizio Family Trust | -- | -- | |
| Maurizio Michael Anthony | -- | United Independent Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | The Maurizio Family Trust | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/04/2013 06/04/13 | Sold | $533,000 | +6.8% | $297 / Sq Ft |
| 04/28/2013 04/28/13 | Pending | -- | -- | -- |
| 03/22/2013 03/22/13 | For Sale | $498,888 | -- | $278 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $8,686 | $656,343 | $492,568 | $163,775 |
| 2024 | $8,686 | $643,474 | $482,910 | $160,564 |
| 2023 | $8,708 | $630,858 | $473,442 | $157,416 |
| 2022 | $8,413 | $618,489 | $464,159 | $154,330 |
| 2021 | $8,127 | $606,362 | $455,058 | $151,304 |
| 2019 | $7,813 | $588,378 | $441,561 | $146,817 |
| 2018 | $7,965 | $576,842 | $432,903 | $143,939 |
| 2016 | $7,633 | $554,444 | $416,094 | $138,350 |
| 2015 | $7,164 | $546,116 | $409,844 | $136,272 |
| 2014 | $7,068 | $535,419 | $401,816 | $133,603 |
Source: Public Records
Agents Affiliated with this Home
-
Ryan Asao
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR13049880
APN: 5273-015-015
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.
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
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