NOT LISTED FOR SALE

869 Ridgecrest St Monterey Park, CA 91754

Estimated Value: $1,940,000 - $2,197,000

5 Beds
4.5 Baths
4,016 Sq Ft
$523/Sq Ft Est. Value

Last Sold September 14, 2018

Last sale price $1,438,000 $358 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $12,832/month

15 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Open Floorplan
  • Brightwood Elementary School Rated A
  • City Lights View
  • Contemporary Architecture

About This Home

As of September 2018

Designed With Distinction! This fine home is one of the most desirable properties in the highly sought after Monterey Hills Estates. A prime location w/ city lights & Downtown skyline view. Rare-find, large custom built 5-bedroom/5-bathroom home w/ 4,016 square feet of living area & 3-car garage. A fun & happy home you & your family will enjoy all year round. Elegant curb appeal w/ wide driveway. Past winner of Monterey Park Beautification Award is loaded w/ great features. Beautiful double entry doors w/ sidelights and diamond beveled glass transom. Bright & spacious entry area w/ 2 story high ceiling, chandelier & elegant granite flooring. Gorgeous home w/ 1 bedroom & 1.5 baths on main floor. Living room w/ exquisite fireplace & 2 large windows. Gracious formal dining room is perfect for elegant entertaining & family festivities. Spacious & cozy family room opens onto a covered patio. Bright kitchen w/ direct access to another covered patio & sparkling swimming pool where you can host summer pool parties. You will be mesmerized by the well-appointed & extremely spacious master suite w/ balcony & the view of city lights & Downtown skyline. Spacious bonus room can be used as game room, entertainment room, exercise room, nursery, or home office. Separate laundry area w/ utility sink. Central vacuum. Water softener. Tankless water heater. Security system. Don't miss the chance to buy this exceptionally rare home in prime location, because you may not find another home like it.

Last Agent to Sell the Property

David Chu

RE/MAX PREMIER/SANMARINO License #01002945 Listed on: 07/31/2018

RE/MAX PREMIER/SANMARINO

Last Buyer's Agent

Andrea Wong

Berkshire Hathaway HomeServices California Properties License #01319390

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $20,483

Year Built

  • Built in 1975

Lot Details

  • 7,573 Sq Ft Lot
  • East Facing Home
  • Level Lot
  • Drip System Landscaping
  • Front Yard Sprinklers
  • Property is zoned MPR1*

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener
  • Driveway

Property Views

  • City Lights
  • Peek-A-Boo

Home Design

  • Contemporary Architecture
  • Slab Foundation
  • Stucco

Interior Spaces

  • 4,016 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Central Vacuum
  • Built-In Features
  • Two Story Ceilings
  • Fireplace With Gas Starter
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room
  • Intercom

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Double Oven
  • Range Hood
  • Dishwasher
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Dryer
  • Washer

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting

Location

  • Property is near a park
  • Property is near public transit
  • Suburban Location

Schools

  • Brightwood Elementary And Middle School
  • Mark Keppe High School

Utilities

  • Forced Air Zoned Cooling and Heating System
  • Tankless Water Heater
  • Water Purifier
  • Water Softener

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 78
  • Tax Tract Number 21876
  • Assessor Parcel Number 5252033003

Home Details

Home Type

Single Family

Est. Annual Taxes

$20,483

Year Built

Built in 1975

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: MPR1*
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5252033003
  • Year Built: 1975
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4016.00 Square Feet
  • Interior Amenities: Balcony, Built-in Features, Intercom, Open Floorplan, Pantry, Tile Counters, Two Story Ceilings, Vacuum Central
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Eating Area: Area, Breakfast Counter / Bar, Dining Room
  • Fireplace Features: Family Room, Living Room, Gas Starter
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 358.07
  • Room Type: Family Room, Formal Entry, Kitchen, Living Room, Main Floor Bedroom, Master Bathroom, Master Suite
  • Spa Features: In Ground

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Foundation: Slab
  • View: City Lights, Peek-A-Boo
  • Patio And Porch Features: Covered
  • Pool Features: Private, In Ground
  • Pool Private: Yes
  • Spa: Yes
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage, Garage Faces Front, Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Disposal, Range Hood, Refrigerator, Tankless Water Heater, Water Purifier, Water Softener
  • Heating Type: Forced Air
  • Laundry Features: Common Area, Dryer Included, Gas Dryer Hookup, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Schools

  • School District: Alhambra
  • Elementary School: Brightwood
  • Middle School: Brightwood
  • High School: Mark Keppe
  • Elementary School: Brightwood
  • High School: Mark Keppe
  • Middle Or Junior School: Brightwood
  • Elementary School #2: BRIGHT
  • High School2: MARKEP2

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Level, Near Public Transit, Park Nearby, Sprinklers Drip System, Sprinklers In Front
  • Lot Size Sq Ft: 7573.00

Multi Family

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

Tax Info

  • Tax Census Tract: 4820.02
  • Tax Lot: 78
  • Tax Tract Number: 21876

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 31, 2018
Closed on
Aug 17, 2018
Sold by
Jeong Bennett C and Jeong Nancy Y
Bought by
Lau Norman and Lau Marcella
Seller's Agent
David Chu
RE/MAX PREMIER/SANMARINO
Buyer's Agent
Andrea Wong
Berkshire Hathaway HomeServices California Properties
List Price
$1,388,000
Sold Price
$1,438,000
Premium/Discount to List
$50,000
3.6%
Current Estimated Value
$2,098,440

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$660,440
Avg. Annual Appreciation
5.49%
Original Mortgage
$1,150,400
Outstanding Balance
$1,001,257
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$1,097,183

Purchase Details

Closed on
Jun 10, 2003
Sold by
Jeong Bennett and Jeong Nancy
Bought by
Jeong Bennett C and Jeong Nancy Y

Purchase Details

Closed on
Jul 12, 2002
Sold by
Jeong Bennett C and Jeong Nancy Y
Bought by
Jeong Bennett C and Jeong Nancy Y
Source: Public Records

Range of Values:

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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
Lau Norman $1,438,000 Fidelity National Title Comp
Jeong Bennett C -- --
Jeong Bennett C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lau Norman $1,150,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/14/2018 09/14/18 Sold $1,438,000 +3.6% $358 / Sq Ft
08/15/2018 08/15/18 Pending -- -- --
07/31/2018 07/31/18 For Sale $1,388,000 -- $346 / 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 $20,483 $1,604,111 $1,003,965 $600,146
2024 $20,483 $1,572,659 $984,280 $588,379
2023 $20,069 $1,541,824 $964,981 $576,843
2022 $19,106 $1,511,593 $946,060 $565,533
2021 $18,878 $1,481,955 $927,510 $554,445
2019 $18,196 $1,438,000 $900,000 $538,000
2018 $8,762 $660,596 $264,235 $396,361
2016 $8,063 $634,946 $253,975 $380,971
2015 $7,937 $625,410 $250,161 $375,249
2014 $7,826 $613,160 $245,261 $367,899
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS18155175

California Regional Multiple Listing Service (CRMLS)

APN: 5252-033-003