NOT LISTED FOR SALE

516 Encanto Ln Monterey Park, CA 91755

Estimated Value: $885,168 - $1,106,000

3 Beds
2.5 Baths
1,756 Sq Ft
$572/Sq Ft Est. Value

Last Sold March 27, 2017

Last sale price $691,078 $394 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $6,130/month

Highlights

  • Gated Community
  • 0.87 Acre Lot
  • Open to Family Room
  • Potrero Heights Elementary School Rated 10
  • Neighborhood Views
  • Family Room Off Kitchen

About This Home

As of August 2020

A beautiful home located within the gated community of Encanto Walk. This detached home features Caesarstone kitchen countertop, stainless steel appliances, solar panel, tankless water heater, upgraded flooring, and window coverings throughout the entire home. With 3 bedrooms and 2.5 baths, this home offers a serene cul-de-sac location within gated community of Encanto Walk. Common area amenity includes barbecue grill with prep island and neighborhood park. Located close to the 605, 60 and 10 freeways, near LA downtown.

Last Agent to Rent the Property

Christine Chen

Altair Realty Group License #01361400 Listed on: 07/22/2020

Last Renter's Agent

Christine Chen

Altair Realty Group License #01361400 Listed on: 07/22/2020

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2016

Lot Details

  • 0.87 Acre Lot
  • Cul-De-Sac
  • Back Yard
  • Property is zoned MPC4

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Slab Foundation
  • Fire Rated Drywall
  • Tile Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 1,756 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • ENERGY STAR Qualified Windows
  • Family Room Off Kitchen
  • Neighborhood Views

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Dishwasher
  • Kitchen Island
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Eco-Friendly Details

  • ENERGY STAR Qualified Equipment for Heating

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • High Efficiency Air Conditioning
  • Central Air
  • High Efficiency Heating System
  • Tankless Water Heater
  • Sewer Paid

Community Details

  • Property has a Home Owners Association
  • Community Barbecue Grill
  • Gated Community

Listing and Financial Details

  • Security Deposit $3,100
  • 12-Month Minimum Lease Term
  • Available 7/22/20
  • Tax Lot 2
  • Tax Tract Number 72544
  • Assessor Parcel Number 5276018065

Home Details

Home Type

Single Family

Year Built

Built in 2016

Lot Details

0.87 Acres

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2020-07-22
  • Credit Check: No
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Other: 150
  • Deposit Security: 3100
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Fire Sprinkler System, Gated Community, Smoke Detector(s)
  • View: Yes
  • Zoning: MPC4
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 5276018065
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1756.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Family Kitchen
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 1.77
  • Room Type: All Bedrooms Up
  • Window Features: Double Pane Windows, ENERGY STAR Qualified Windows
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room

Exterior Features

  • Foundation: Slab
  • View: Neighborhood
  • Pool Private: No
  • Roof: Tile
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Water Heater, Disposal, High Efficiency Water Heater, Tankless Water Heater
  • Heating Type: ENERGY STAR Qualified Equipment, High Efficiency
  • Laundry Features: Individual Room, Upper Level
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Energy Star Qualified Equipment, High Efficiency
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Cul-De-Sac
  • Lot Size Sq Ft: 37877.00
  • Lot Size Acres: 0.8695

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 37877.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 2
  • Tax Tract: 72544
  • Tax Tract Number: 72544

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 21, 2016
Closed on
Mar 20, 2017
Sold by
Olson Urban Monterey Park 1 Llc
Bought by
Kan Brian and Chang Grace
Seller's Agent
Caryn Field-Hector
In Town Living, Inc.
Buyer's Agent
Michelle Johnson
In Town Living, Inc.
List Price
$691,078
Sold Price
$691,078
Current Estimated Value
$1,004,042

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$312,964
Avg. Annual Appreciation
4.24%
Original Mortgage
$518,308
Outstanding Balance
$429,809
Interest Rate
4.17%
Mortgage Type
New Conventional
Estimated Equity
$574,233
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
Kan Brian $691,500 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kan Brian $518,308
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/13/2020 08/13/20 Rented $3,100 0.0% --
07/22/2020 07/22/20 For Rent $3,100 +1.6% --
07/25/2018 07/25/18 Rented $3,050 0.0% --
07/14/2018 07/14/18 For Rent $3,050 +3.4% --
05/21/2017 05/21/17 Rented $2,950 0.0% --
04/14/2017 04/14/17 For Rent $2,950 0.0% --
03/27/2017 03/27/17 Sold $691,078 0.0% $394 / Sq Ft View Prior Sale
02/16/2017 02/16/17 Pending -- -- --
01/27/2017 01/27/17 For Sale $691,078 0.0% $394 / Sq Ft
12/06/2016 12/06/16 Pending -- -- --
11/21/2016 11/21/16 For Sale $691,078 -- $394 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,191 $802,073 $407,478 $394,595
2024 $10,191 $786,347 $399,489 $386,858
2023 $10,197 $770,929 $391,656 $379,273
2022 $9,843 $755,814 $383,977 $371,837
2021 $9,503 $740,996 $376,449 $364,547
2019 $9,129 $719,020 $365,284 $353,736
2018 $9,375 $704,922 $358,122 $346,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR20143817

California Regional Multiple Listing Service (CRMLS)

APN: 5276-018-065

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