NOT LISTED FOR SALE

873 Ridgecrest St Monterey Park, CA 91754

Estimated Value: $1,899,000 - $2,324,018

5 Beds
4 Baths
4,031 Sq Ft
$535/Sq Ft Est. Value

Last Sold November 25, 2015

Last sale price $1,250,000 $310 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $13,472/month

3 Days on Market

Highlights

  • Primary Bedroom Suite
  • Panoramic View
  • Deck
  • Brightwood Elementary School Rated A
  • Custom Home
  • Attic

About This Home

As of November 2015

A rare opportunity to own one of the largest, custom built homes in the Monterey Hills Estate area with a highly sought after, magnificent 240-degree view of Downtown L.A., Catalina Island, and Pasadena Mountains!! The Japanese Style home offers 2 living rooms, 2 dining areas, a Japanese Tea Room, 5 large bedrooms, and 4 full bathrooms. The master bedroom has over 1,000 sq.ft. of living area with an amazing view. The property offers an open floor plan with a beautiful Japanese Garden in the backyard and fantastic outdoor covered wood deck that overlooks the City of L.A. A bonus 600 sq.ft. storage room is located below the wood deck, which is not included in the living sq.ft. Must view to appreciate the architecture of this large home. The property belongs to the prestigious Blue Ribbon Brightwood Elementary school. Well maintained by original owner, move-in condition!

Last Agent to Sell the Property

John Man

ManRealty.com License #01388408 Listed on: 10/16/2015

Co-Listed By

Philip Chang

MANREALTY.COM License #01870805

Last Buyer's Agent

John Man

ManRealty.com License #01388408 Listed on: 10/16/2015

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,861

Year Built

  • Built in 1962

Lot Details

  • 0.26 Acre Lot
  • Block Wall Fence
  • Private Yard
  • Back Yard

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Valley

Home Design

  • Custom Home
  • Interior Block Wall
  • Tile Roof
  • Concrete Roof

Interior Spaces

  • 4,031 Sq Ft Home
  • Wet Bar
  • Bar
  • Dry Bar
  • Recessed Lighting
  • Fireplace
  • Family Room
  • Combination Dining and Living Room
  • Storage
  • Carpet
  • Home Security System
  • Attic

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Kitchen Island

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 4 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Balcony
  • Deck
  • Covered Patio or Porch

Additional Features

  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 77
  • Tax Tract Number 21876
  • Assessor Parcel Number 5252033002

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,861

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: Philip Chang
  • Other Phone Number: 562-745-469
  • Property Attached: No
  • Security: Security System
  • View: Yes
  • Architectural Style: Custom Built
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5252033002
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4031.00
  • Interior Amenities: Bar, Balcony, Block Walls, Dry Bar, Pantry, Recessed Lighting, Storage, Wet Bar
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 5
  • Eating Area: Area, In Living Room
  • Levels: Two
  • Price Per Square Foot: 310.10
  • Room Type: Attic, Family Room, Living Room, Master Bedroom, Master Suite, Walk-In Closet
  • Room Kitchen Features: Kitchen Island

Exterior Features

  • Patio: Yes
  • View: City Lights, Mountain(s), Panoramic, Valley
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Covered, Deck, Wood
  • Pool Private: No
  • Roof: Concrete, Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Cooktop
  • Heating Type: Central
  • Laundry Features: In Garage
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Features: Back Yard, Lot 10000-19999 Sqft, Yard
  • Lot Size Sq Ft: 11367.00
  • Price Per Lot Square Foot: 109.97
  • Lot Size Acres: 0.2610

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11367.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 77
  • Tax Tract Number: 21876

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 23, 2021
Sold by
Lao Kim Heng and Chang Lily
Bought by
Lao And Chang Living Trust and Lao
Current Estimated Value
$2,157,505

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$822,375
Outstanding Balance
$616,192
Interest Rate
2.2%
Mortgage Type
New Conventional
Estimated Equity
$1,541,313

Purchase Details

Closed on
Nov 20, 2019
Sold by
Lao Kim Heng and Chang Lily
Bought by
Lao Kim Heng and Chang Lily

Purchase Details

Listed on
Oct 16, 2015
Closed on
Oct 19, 2015
Sold by
Deguchi Michael and Andry Naomi
Bought by
Lao Kim Heng and Chang Lily
Seller's Agent
John Man
ManRealty.com
Buyer's Agent
John Man
ManRealty.com
List Price
$1,288,000
Sold Price
$1,250,000
Premium/Discount to List
-$38,000
-2.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.68%
Original Mortgage
$625,000
Interest Rate
3.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 21, 2013
Sold by
Deguchi Keiko
Bought by
Deguchi Keiko and Deguchi 2008 Residence Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$562,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 10, 2012
Sold by
Deguchi Keiko
Bought by
Deguchi Keiko and Deguchi 2008 Residence Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,625
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
May 4, 2012
Sold by
Deguchi Keiko and Deguchi 2008 Residence Trust
Bought by
Deguchi Keiko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$559,625
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 29, 2011
Sold by
Deguchi Keiko
Bought by
Deguchi Keiko and Deguchi 2008 Residence Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 24, 2009
Sold by
Deguchi Keiko
Bought by
Deguchi Keiko and Deguchi 2008 Residence Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
4.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 14, 2008
Sold by
Deguchi Keiko
Bought by
Deguchi Keiko and Deguchi 2008 Residence Trust

Purchase Details

Closed on
May 19, 2008
Sold by
Deguchi Keiko and Keiko Deguchi Trust
Bought by
Deguchi Keiko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 2007
Sold by
Deguchi Keiko
Bought by
Deguchi Keiko and Keiko Deguchi Trust

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
6.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 23, 2007
Sold by
Deguchi Keiko and Keiko Daguchi Trust
Bought by
Deguchi Keiko

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
6.99%
Mortgage Type
New Conventional
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
Lao And Chang Living Trust -- Wfg National Title Insurance C
Lao Kim Heng -- Wfg National Title Insurance C
Lao Kim Heng -- None Available
Lao Kim Heng $1,250,000 Fatcola
Deguchi Keiko -- Accommodation
Deguchi Keiko -- Usa National Title Co
Deguchi Keiko -- Accommodation
Deguchi Keiko -- First American Title Ofs
Deguchi Keiko -- Ticor Title Orange Branch
Deguchi Keiko -- Ticor Title
Deguchi Keiko -- Advantage Title Inc
Deguchi Keiko -- Advantage Title Inc
Deguchi Keiko -- None Available
Deguchi Keiko -- None Available
Deguchi Keiko -- Investors Title Company
Deguchi Keiko -- None Available
Deguchi Keiko -- Security Union Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lao Kim Heng $822,375
Previous Owner Lao Kim Heng $625,000
Previous Owner Deguchi Keiko $562,000
Previous Owner Deguchi Keiko $559,625
Previous Owner Deguchi Keiko $450,000
Previous Owner Deguchi Keiko $365,000
Previous Owner Deguchi Keiko $360,000
Previous Owner Deguchi Keiko $250,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/25/2015 11/25/15 Sold $1,250,000 -3.0% $310 / Sq Ft
10/16/2015 10/16/15 Pending -- -- --
10/13/2015 10/13/15 For Sale $1,288,000 -- $320 / 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 $23,861 $1,865,304 $1,006,223 $859,081
2024 $23,861 $1,828,731 $986,494 $842,237
2023 $23,380 $1,792,874 $967,151 $825,723
2022 $22,221 $1,757,721 $948,188 $809,533
2021 $21,962 $1,723,257 $929,597 $793,660
2020 $21,835 $1,705,588 $920,066 $785,522
2019 $1,958 $1,290,157 $902,026 $388,131
2018 $14,705 $1,122,561 $884,340 $238,221
2016 $15,612 $1,250,000 $850,000 $400,000
2015 $3,398 $249,227 $43,634 $205,593
2014 $3,360 $244,346 $42,780 $201,566
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    John Man

    ManRealty.com

    Section Image
  • Philip Chang

    Seller Co-Listing Agent in 2015

    Philip Chang

    MANREALTY.COM

    (562) 745-4697

    40 in this area

    72 Total Sales

    Philip Chang
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR15224463

California Regional Multiple Listing Service (CRMLS)

APN: 5252-033-002

California Los Angeles County Monterey Park 91754

873 Ridgecrest St, Monterey Park, CA

This home is located at 873 Ridgecrest St, Monterey Park, CA 91754 since 16 October 2015 and is currently estimated at $2,157,505, approximately $535 per square foot. This property was built in 1962. 873 Ridgecrest St is a home located in Los Angeles County with nearby schools including Brightwood Elementary School, Mark Keppel High School, and KIPP Sol Academy.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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