NOT LISTED FOR SALE

705 Nachi Way Monterey Park, CA 91754

Estimated Value: $1,831,357 - $1,959,000

6 Beds
4 Baths
3,118 Sq Ft
$613/Sq Ft Est. Value

Last Sold February 25, 2022

Last sale price $1,650,000 $529 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $12,256/month

54 Days on Market

Highlights

  • Primary Bedroom Suite
  • City Lights View
  • No HOA
  • Brightwood Elementary School Rated A
  • Main Floor Primary Bedroom
  • 3-minute walk to Sequoia Park

About This Home

As of February 2022

120 degrees spectacular views of the city lights and mountain. Prime location in the hills of of Monterey Park, quiet cul-de-sac, and top blue ribbon school. First time on market for sale, original owners for 42 years. This completely remodeled estates features 6 bedrooms and 4 full baths. Perfect size for large families. 1 bedroom and 1 full bath located on 1st/main floor, make it easy for in law and elderly. Vault ceiling with luxury chandeliers at entry. Large living room with huge windows offer enough lighting. Kitchen has cortez countertops and newer cabinets, fancy contemporary lightings and large slide door to the back yard. Good size family room offers more spaces. Upstairs master bedroom has a large balcony with views of mountains and city lights. High end staircases going both direction for each access. Backyard features a huge wood deck and an unbelievable view of the neighborhood, DTLA, San Gabriel Mountains, This is truly a one-of-a-kind property, come view it before it’s SOLD.

Last Agent to Sell the Property

Katie Yau

Pinnacle Real Estate Group License #01824795 Listed on: 12/20/2021

Pinnacle Real Estate Group

Last Buyer's Agent

Philip Chang

MANREALTY.COM License #01870805

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $22,258

Year Built

  • Built in 1978

Lot Details

  • 8,211 Sq Ft Lot
  • Back Yard
  • Property is zoned MPR1*

Parking

  • 2 Car Attached Garage

Property Views

  • City Lights
  • Mountain

Interior Spaces

  • 3,118 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • 4 Full Bathrooms

Schools

  • Brightwood Elementary And Middle School
  • Mark Keppel High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 40
  • Tax Tract Number 28612
  • Assessor Parcel Number 5261009050
  • $595 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$22,258

Year Built

Built in 1978

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: MPR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5261009050
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3118.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 6
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 529.19
  • Room Type: Family Room, Kitchen, Living Room, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet

Exterior Features

  • View: City Lights, Mountain(s)
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Alhambra
  • Elementary School: Brightwood
  • Middle School: Brightwood
  • High School: Mark Keppel
  • Elementary School: Brightwood
  • High School: Mark Keppel
  • Middle Or Junior School: Brightwood
  • Elementary School #2: BRIGHT
  • High School2: MARKEP

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 8211.00
  • Lot Size Acres: 0.1885

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8211.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4821.01
  • Tax Lot: 40
  • Tax Tract Number: 28612
  • TaxOtherAnnualAssessmentAmount: 595.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 20, 2021
Sold by
Chu and Bill
Bought by
Tanaka Julie Wong
Current Estimated Value
$1,912,589

Purchase Details

Closed on
Oct 17, 2019
Sold by
Chu Bill and Chu Maria
Bought by
Chu Maria and Chu Bill

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.7%
Source: Public Records

Range of Values:

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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
Tanaka Julie Wong $1,650,000 Western Resources Title
Chu Maria -- Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chu Maria $250,000
Previous Owner Chu Ngai Fung $250,000
Previous Owner Chu Ngai Fung $51,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $1,650,000 +10.0% $529 / Sq Ft
12/20/2021 12/20/21 For Sale $1,500,000 -- $481 / 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 $22,258 $1,750,992 $1,379,570 $371,422
2024 $22,258 $1,716,660 $1,352,520 $364,140
2023 $21,804 $1,683,000 $1,326,000 $357,000
2022 $5,721 $422,879 $210,902 $211,977
2021 $5,635 $414,588 $206,767 $207,821
2019 $5,440 $402,293 $200,635 $201,658
2018 $5,384 $394,405 $196,701 $197,704
2016 $4,967 $379,092 $189,064 $190,028
2015 $4,891 $373,399 $186,225 $187,174
2014 $4,828 $366,086 $182,578 $183,508
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR21265877

California Regional Multiple Listing Service (CRMLS)

APN: 5261-009-050