NOT LISTED FOR SALE

863 Scudder Way Monterey Park, CA 91754

Estimated Value: $1,835,000 - $2,058,000

5 Beds
4.5 Baths
3,878 Sq Ft
$504/Sq Ft Est. Value

Last Sold January 25, 2018

Last sale price $1,470,000 $379 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $12,284/month

37 Days on Market

Highlights

  • Primary Bedroom Suite
  • City Lights View
  • Main Floor Primary Bedroom
  • Brightwood Elementary School Rated A
  • 14,008 Sq Ft lot
  • Loft

About This Home

As of January 2018

***BACK ON MARKET*** due to no fault of the seller. Buyer did not perform!!!
Monterey Park- one of America's Top Cities to Live In! This beautifully maintained home is located in the highly sought after Monterey Views community. With its award-winning Brightwood school and gated community privacy, this gorgeous 5 bedroom, 4.5 bathroom home offers an elegant feel with its high ceilings, recess lighting, wood floors, and large windows that welcome in an abundant amount of natural light. Off the elegant living room level is a 1 bedroom suite with a full bathroom, and one of two laundry rooms. On the main floor level is the formal dining room with an elegant chandelier and a large, open kitchen that features a large center island, beautiful granite counter tops, including a wine refrigerator. Stainless steel appliances throughout the kitchen and wok kitchen. The spacious eating area off the kitchen opens up to the family room and fireplace. The private and zen backyard features a stone fountain as well as a pergola. The upper floor opens to the large loft or second family room. The master bedroom suite features a fully upgraded bathroom, stand up shower and tub, a horseshoe closet, and vanity. Three other bedrooms are on this floor, as well as the main laundry room. Attached 4-car garage with dual air-conditioning units and controls. All of this luxury includes an ideal location just blocks from the best restaurants and shops in Monterey Park.

Last Agent to Sell the Property

Grant Law

Real Brokerage Technologies License #01757046 Listed on: 11/06/2017

Real Brokerage Technologies

Co-Listed By

Laura Law

THE AGENCY License #02017252

Last Buyer's Agent

Richard LaPorte

Ken Straw, Broker License #01465403

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $21,420

Year Built

  • Built in 2002

Lot Details

  • 0.32 Acre Lot
  • Back Yard
  • Property is zoned MPR1YY

HOA Fees

  • $130 Monthly HOA Fees

Parking

  • 4 Car Attached Garage

Property Views

  • City Lights
  • Neighborhood

Interior Spaces

  • 3,878 Sq Ft Home
  • Family Room with Fireplace
  • Living Room
  • Loft

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Primary Bedroom on Main
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet

Laundry

  • Laundry Room
  • Laundry on upper level

Schools

  • Brightwood Elementary And Middle School
  • Mark Keppel High School

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Community Details

  • Ideal Management Association, Phone Number (626) 289-8888
  • Maintained Community

Listing and Financial Details

  • Tax Lot 31
  • Tax Tract Number 48870
  • Assessor Parcel Number 5253006024

Home Details

Home Type

Single Family

Est. Annual Taxes

$21,420

Year Built

Built in 2002

Lot Details

0

HOA Fees

$130 per month

Parking

4

Listing Details

  • Assessments: Yes
  • Other Phone Description: 6268882640
  • Other Phone Number: 6268882640
  • Property Attached: No
  • View: Yes
  • Zoning: MPR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5253006024
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3878.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Total Bedrooms: 5
  • Fireplace Features: Family Room
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 379.06
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Loft, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Two Masters, Walk-In Closet

Exterior Features

  • View: City Lights, Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds
  • Association Fee: 130.00
  • Association Fee Frequency: Monthly
  • Association Name: Ideal Management
  • Phone: (626) 289-8888
  • Senior Community: No
  • Community Features: Street Lights

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: 14008.00

Multi Family

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

Tax Info

  • Tax Census Tract: 4820.02
  • Tax Lot: 31
  • Tax Tract Number: 48870

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2017
Closed on
Jan 17, 2018
Sold by
Thai Tuan
Bought by
Hoang Annie
Seller's Agent
Grant Law
Real Brokerage Technologies
Buyer's Agent
Richard LaPorte
Ken Straw, Broker
List Price
$1,500,000
Sold Price
$1,470,000
Premium/Discount to List
-$30,000
-2%
Current Estimated Value
$1,955,742

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$485,742
Avg. Annual Appreciation
3.78%
Original Mortgage
$1,102,500
Outstanding Balance
$932,492
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,023,250

Purchase Details

Listed on
Nov 6, 2017
Closed on
Dec 21, 2017
Sold by
Chen Jim Sheng
Bought by
Hoang Annie
Seller's Agent
Grant Law
Real Brokerage Technologies
Buyer's Agent
Richard LaPorte
Ken Straw, Broker
List Price
$1,500,000
Sold Price
$1,470,000
Premium/Discount to List
-$30,000
-2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,102,500
Outstanding Balance
$932,492
Interest Rate
4.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,023,250

Purchase Details

Closed on
Oct 11, 2007
Sold by
Chen Sheng H
Bought by
Chen Jim Sheng and Chen Shu Tzu

Purchase Details

Closed on
Jan 30, 2002
Sold by
Concordia Monterey Views Llc
Bought by
Chen Sheng H and Chen Shu T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.24%
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
Hoang Annie -- Wfg National Title Company
Hoang Annie $1,470,000 Wfg National Title Company
Chen Jim Sheng -- None Available
Chen Sheng H $637,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hoang Annie $1,102,500
Previous Owner Chen Sheng H $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/25/2018 01/25/18 Sold $1,470,000 -2.0% $379 / Sq Ft
11/06/2017 11/06/17 For Sale $1,500,000 -- $387 / 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 $21,420 $1,672,604 $1,024,044 $648,560
2024 $21,420 $1,639,809 $1,003,965 $635,844
2023 $20,989 $1,607,657 $984,280 $623,377
2022 $19,983 $1,576,135 $964,981 $611,154
2021 $19,748 $1,545,231 $946,060 $599,171
2019 $19,037 $1,499,400 $918,000 $581,400
2018 $10,763 $810,439 $359,331 $451,108
2016 $9,913 $778,971 $345,379 $433,592
2015 $9,760 $767,272 $340,192 $427,080
2014 $9,625 $752,244 $333,529 $418,715
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS17251737

California Regional Multiple Listing Service (CRMLS)

APN: 5253-006-024