NOT LISTED FOR SALE

701 Cipriano Place Monterey Park, CA 91754

Estimated Value: $1,478,000 - $1,755,000

5 Beds
5 Baths
2,994 Sq Ft
$545/Sq Ft Est. Value

Last Sold July 27, 2016

Last sale price $905,000 $302 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $9,675/month

80 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • Loft
  • Brightwood Elementary School Rated A
  • Modern Architecture
  • Private Yard

About This Home

As of July 2016

Big Price Reduced!!! Luxurious and cozy home, built in 2000 with superior and quality construction with Steel Skeleton frame. Located in a prestigious neighborhood. 5 bed room, 5 bathroom. has 4 suits Gated font yard, Great floor plan bright and airy. Huge living room and family room, beautiful curved stairway lead to 2nd floor extended loft area, large size of master bed room has many closet space, separate tub and large shower. Gourmet kitchen has lots of cabinet and has space for a big island. Attached 2 car garage and a iron gate with remote control. This gorgeous home has all the luxurious amenities. great location close to Atlantic Blvd, shopping center, market, restaurant, bank...

Last Agent to Sell the Property

James Yang

KO TAI REALTY License #01228924 Listed on: 03/18/2016

KO TAI REALTY

Last Buyer's Agent

Yan Zheng

Pinnacle Real Estate Group License #01895410

Pinnacle Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,592

Year Built

  • Built in 2000

Lot Details

  • 8,697 Sq Ft Lot
  • Property fronts an alley
  • Cul-De-Sac
  • Brick Fence
  • Sprinklers on Timer
  • Private Yard
  • Garden
  • Front Yard

Parking

  • 2 Car Garage

Property Views

  • Mountain
  • Pool

Home Design

  • Modern Architecture
  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,994 Sq Ft Home
  • Family Room
  • Living Room with Fireplace
  • Loft
  • Carbon Monoxide Detectors

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Wood Patio

Utilities

  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 16628
  • Assessor Parcel Number 5262006013

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,592

Year Built

Built in 2000

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Alley
  • Security: Carbon Monoxide Detector(s)
  • View: Yes
  • Architectural Style: Modern
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5262006013
  • Year Built: 2000
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2994.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 5
  • Total Bedrooms: 5
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 302.27
  • Room Type: Family Room, Loft, Living Room

Exterior Features

  • Patio: Yes
  • View: Mountain(s), Pool
  • Fence: Yes
  • Fencing: Brick
  • Patio And Porch Features: Wood
  • Pool Features: In Ground
  • Pool Private: Yes
  • Roof: Tile
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Sprinklers: Yes
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: Cul-De-Sac, Front Yard, Garden, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 8697.00
  • Price Per Lot Square Foot: 104.06

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 7
  • Tax Tract Number: 16628

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 18, 2016
Closed on
Jul 14, 2016
Sold by
Choi Tony Yick Man
Bought by
Wu Cheng Ke and You Fei Yan
Seller's Agent
James Yang
KO TAI REALTY
Buyer's Agent
Yan Zheng
Pinnacle Real Estate Group
List Price
$1,150,000
Sold Price
$905,000
Premium/Discount to List
-$245,000
-21.3%
Current Estimated Value
$1,631,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$726,982
Avg. Annual Appreciation
6.57%
Original Mortgage
$543,000
Outstanding Balance
$449,063
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,182,919

Purchase Details

Closed on
Dec 4, 2011
Sold by
Lin Shu Hui
Bought by
Choi Tony Yick Man

Purchase Details

Closed on
Nov 27, 2007
Sold by
Choi Tony Y and The Tony Y Choi Living Trust
Bought by
Lin Shu Hui

Purchase Details

Closed on
Jun 30, 2004
Sold by
Choi Tony Yick Man
Bought by
Choi Tony Y and Tony Y Choi Living Trust

Purchase Details

Closed on
May 28, 2004
Sold by
Choi Tony Yick Man
Bought by
Choi Tony Y and Tony Y Choi Living Trust
Source: Public Records

Range of Values:

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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
Wu Cheng Ke $905,000 Wfg Title Company
Choi Tony Yick Man -- None Available
Lin Shu Hui $810,000 None Available
Choi Tony Y -- --
Choi Tony Y -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Cheng Ke $543,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2016 07/27/16 Sold $905,000 -0.5% $302 / Sq Ft
06/06/2016 06/06/16 Pending -- -- --
05/23/2016 05/23/16 Price Changed $910,000 -4.2% $304 / Sq Ft
05/20/2016 05/20/16 Price Changed $950,000 -4.0% $317 / Sq Ft
05/11/2016 05/11/16 Price Changed $990,000 -2.0% $331 / Sq Ft
05/03/2016 05/03/16 Price Changed $1,010,000 -1.9% $337 / Sq Ft
05/01/2016 05/01/16 Price Changed $1,030,000 -3.7% $344 / Sq Ft
04/11/2016 04/11/16 Price Changed $1,070,000 -2.7% $357 / Sq Ft
03/22/2016 03/22/16 Price Changed $1,100,000 -4.3% $367 / Sq Ft
03/18/2016 03/18/16 For Sale $1,150,000 -- $384 / 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 $13,592 $1,050,323 $579,940 $470,383
2024 $13,592 $1,029,729 $568,569 $461,160
2023 $13,319 $1,009,539 $557,421 $452,118
2022 $12,687 $989,745 $546,492 $443,253
2021 $12,533 $970,339 $535,777 $434,562
2019 $12,085 $941,561 $519,887 $421,674
2018 $12,024 $923,100 $509,694 $413,406
2016 $10,376 $822,304 $371,363 $450,941
2015 $10,215 $809,953 $365,785 $444,168
2014 $10,070 $794,088 $358,620 $435,468
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS16056666

California Regional Multiple Listing Service (CRMLS)

APN: 5262-006-013