NOT LISTED FOR SALE

516 Brightwood St Monterey Park, CA 91754

Estimated Value: $891,049 - $1,036,000

3 Beds
2 Baths
1,480 Sq Ft
$649/Sq Ft Est. Value

Highlights

  • Mountain View
  • Laundry Room
  • Family Room
  • No HOA
  • Central Heating and Cooling System
  • 1-Story Property

About This Home

As of May 2024

This exquisite single-family home is nestled in the heart of Monterey Park and just minutes from dining, local businesses, parks, schools, Situated in the award winning K-8 Bright wood Elementary and Mark Kappel High School boundary.
2024 completed renovation ,updated and refreshed with brand new window, flooring and interior paint. Two Renovated master bath room and hallway bathroom. As enter, you will be greeted by a huge living room and dining area, open floor plan with an abundance of natural sunlight and fresh breeze.
It boasts a large back yard and the detached garage comes with a long driveway.
Property is minutes’ drive to AMC Theater ,Atlantic Time Square Plaza & Courtyard/Marriott and has easy access to the FWY 60 & 710 freeway.

Last Agent to Rent the Property

Joe Tseng

Treeline Realty & Investment Brokerage Phone: 626-215-8616 License #00880213 Listed on: 04/12/2024

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,480

Year Built

  • Built in 1950

Lot Details

  • 10,179 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned MPR1YY

Parking

  • 2 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,480 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Mountain Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $4,500
  • 12-Month Minimum Lease Term
  • Available 4/10/24
  • Tax Lot 130
  • Tax Tract Number 15897
  • Assessor Parcel Number 5266002024

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,480

Year Built

Built in 1950

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2024-04-10
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 150
  • Deposit Other: 400
  • Deposit Security: 4500
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: MPR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 5266002024
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1480.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 2.36
  • Room Type: All Bedrooms Down, Family Room, Kitchen

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 10179.00
  • Lot Size Acres: 0.2337
  • Latitude Manual: 34.04245800

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 10179.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4827.01
  • Tax Lot: 130
  • Tax Tract Number: 15897

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 9, 2005
Sold by
Yu Yung Shen and Lee Lyne
Bought by
Yu Yung Shen and Lee Lyne
Current Estimated Value
$960,762

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$385,000
Interest Rate
6.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2002
Sold by
Apodaca Eloise E
Bought by
Sainz Gilbert R

Purchase Details

Closed on
Apr 15, 2002
Sold by
Sainz Gilbert R and Sainz Conrad V
Bought by
Lee Lyne

Purchase Details

Closed on
Aug 31, 2001
Sold by
Sainz Trini V
Bought by
Sainz Gilbert R and Sainz Conrad V
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
Yu Yung Shen -- --
Yu Yung Shen -- Ticor Title Company
Sainz Gilbert R -- Commonwealth Land Title Co
Sainz Conrad V -- Commonwealth Land Title Co
Lee Lyne $272,000 Commonwealth Land Title Co
Sainz Gilbert R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Yu Yung Shen $385,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/16/2024 05/16/24 Rented $3,500 0.0% --
05/09/2024 05/09/24 Under Contract -- -- --
04/12/2024 04/12/24 For Rent $3,500 -- --
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 $5,480 $401,803 $279,198 $122,605
2024 $5,480 $393,925 $273,724 $120,201
2023 $5,487 $386,202 $268,357 $117,845
2022 $5,302 $378,631 $263,096 $115,535
2021 $5,121 $371,208 $257,938 $113,270
2019 $4,927 $360,200 $250,289 $109,911
2018 $5,007 $353,138 $245,382 $107,756
2016 $4,795 $339,427 $235,854 $103,573
2015 $4,507 $334,330 $232,312 $102,018
2014 $4,452 $327,782 $227,762 $100,020
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR24060460

California Regional Multiple Listing Service (CRMLS)

APN: 5266-002-024