NOT LISTED FOR SALE

501 Ackley St Monterey Park, CA 91755

Estimated Value: $998,000 - $1,131,000

3 Beds
2 Baths
1,236 Sq Ft
$851/Sq Ft Est. Value

Last Sold April 14, 2022

Last sale price $978,600 $792 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $6,885/month

6 Days on Market

Highlights

  • Corner Lot
  • Granite Countertops
  • Covered Patio or Porch
  • Garvey (Richard) Intermediate School Rated A-
  • No HOA
  • 4-minute walk to La Loma Park

About This Home

As of April 2022

This Charming family home is located in a quiet neighborhood in Monterey Park with excellence in the Alhambra School District. The front yard features eco-friendly landscaping which is ideal plant lover and low maintenance cost. It features 3 bedrooms with spacious closet space and 2 bathrooms. Updated bathroom and kitchen with newer tile floor and countertop, newer exterior paint and interior paint. Newer central A/C installed. The spacious family room is perfect for entertainment with an access to the backyard with sliding doors. Enjoy breakfast at the peaceful patio area and lovely garden. The laundry room can be accessed through the kitchen and the backyard is ideal for young family features with a playground area. This property is close to the La Loma Park, the Edison Trail, restaurants, shops, fast food, shopping centers, and has easy access to the 60 and 10 freeways. To see the floor plan, please click on the Virtual Tour.

Last Agent to Sell the Property

Chun Ip

Coldwell Banker Realty Pasadena License #01852039 Listed on: 03/16/2022

Coldwell Banker Realty Pasadena

Last Buyer's Agent

DEBRA MONTAGUE

SOUTHLAND PROPERTIES License #02102442

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,874

Year Built

  • Built in 1959

Lot Details

  • 9,453 Sq Ft Lot
  • Cul-De-Sac
  • Corner Lot
  • Irregular Lot
  • Back Yard
  • Property is zoned MPR1YY

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway Up Slope From Street

Interior Spaces

  • 1,236 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Double Pane Windows
  • Family Room Off Kitchen
  • Living Room
  • Laminate Flooring
  • Property Views

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Dual Sinks
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Covered Patio or Porch
  • Rain Gutters

Schools

  • Mark Keppel High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Water Heater
  • Septic Type Unknown
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 144
  • Tax Tract Number 21072
  • Assessor Parcel Number 5260016023
  • $430 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,874

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Property Attached: No
  • View: Yes
  • Zoning: MPR1YY
  • Architectural Style: Ranch
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5260016023
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1236.00 Square Feet
  • Interior Amenities: Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Family Kitchen
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 791.75
  • Room Type: Family Room, Laundry, Living Room, Master Bathroom, Master Bedroom
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Double Sinks In Bath(s)
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Exterior Features: Rain Gutters
  • Patio And Porch Features: Covered, Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway Up Slope From Street, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Water Heater
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Alhambra
  • High School: Mark Keppel
  • High School: Mark Keppel
  • High School2: MARKEP

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Cul-De-Sac, Irregular Lot
  • Lot Size Sq Ft: 9453.00
  • Lot Size Acres: 0.2170

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9453.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4826.00
  • Tax Lot: 144
  • Tax Tract Number: 21072
  • TaxOtherAnnualAssessmentAmount: 430.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 16, 2022
Closed on
Apr 7, 2022
Sold by
Chung And Li Family Trust
Bought by
Vanhorn David and Vanhorn Van Horn
Seller's Agent
Chun Ip
Coldwell Banker Realty Pasadena
Buyer's Agent
DEBRA MONTAGUE
SOUTHLAND PROPERTIES
List Price
$888,000
Sold Price
$978,600
Premium/Discount to List
$90,600
10.2%
Current Estimated Value
$1,051,369

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$72,769
Avg. Annual Appreciation
0.94%
Original Mortgage
$880,740
Outstanding Balance
$826,688
Interest Rate
3.85%
Mortgage Type
New Conventional
Estimated Equity
$183,287

Purchase Details

Closed on
Jul 28, 2020
Sold by
Chung Edwin Hiutung and Li Kar Yee
Bought by
Chung Edwin Hiutung and Li Kar Yee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 20, 2020
Sold by
Chung Edwin Hiutung and Li Kar Yee
Bought by
Chung Edwin Hiutung and Li Kar Yee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
3.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2016
Sold by
Chung Edwin Hiutung
Bought by
Chung Edwin Hiutung and Li Kar Yee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2016
Sold by
Chung Edwin
Bought by
Chung Edwin and Li Kar Yee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2011
Sold by
Le Grande Mary Jane and Le Christopher Howard
Bought by
Chung Edwin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 1995
Sold by
Lindner Antoinette A
Bought by
Christopher Howard L
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
Vanhorn David $979,000 Fidelity National Title
Chung Edwin Hiutung -- Pacific Coast Title Company
Chung Edwin Hiutung -- Pacific Coast Title
Chung Edwin Hiutung -- None Available
Chung Edwin -- Wfg Title Company Of Ca
Chung Edwin $410,000 Ticor Title Co
Christopher Howard L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vanhorn David $880,740
Closed Vanhorn David $880,740
Previous Owner Chung Edwin Hiutung $328,000
Previous Owner Chung Edwin $354,000
Previous Owner Chung Edwin $325,000
Previous Owner Chung Edwin $328,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/14/2022 04/14/22 Sold $978,600 +10.2% $792 / Sq Ft
03/22/2022 03/22/22 Pending -- -- --
03/16/2022 03/16/22 For Sale $888,000 -- $718 / 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 $13,874 $1,008,000 $778,900 $229,100
2024 $13,874 $1,018,135 $786,646 $231,489
2023 $13,406 $998,172 $771,222 $226,950
2022 $6,566 $485,271 $379,461 $105,810
2021 $6,535 $475,757 $372,021 $103,736
2019 $6,293 $461,648 $360,988 $100,660
2018 $6,228 $452,597 $353,910 $98,687
2016 $5,732 $435,023 $340,168 $94,855
2015 $5,620 $428,490 $335,059 $93,431
2014 $5,547 $420,097 $328,496 $91,601
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR22052645

California Regional Multiple Listing Service (CRMLS)

APN: 5260-016-023