NOT LISTED FOR SALE

877 Ridgecrest St Monterey Park, CA 91754

Estimated Value: $1,552,000 - $1,701,000

4 Beds
2.5 Baths
2,443 Sq Ft
$653/Sq Ft Est. Value

Last Sold January 28, 2014

Last sale price $930,000 $381 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $9,688/month

12 Days on Market

Highlights

  • Panoramic View
  • 0.32 Acre Lot
  • No HOA
  • Brightwood Elementary School Rated A
  • Contemporary Architecture
  • 2 Car Attached Garage

About This Home

As of January 2014

Unobstructed panoramic view of Downtown, City lights, Hills and mountain. This 4 Bedroom, 2.5 bath single story home is located on approx. 14,000 sq.ft. lot at the top of the prestigious hill and first time on the market in 50 years. Well kept home offers spacious bedrooms, living room, family room and breakfast area with spanning views from each room. Fireplaces in living room and family room. Bright and airy. Central air conditioning & air filter
system. wood deck in backyard and Japanese garden with lots of mature fruit trees. Enjoy outdoor entertaining and relax. Easy access to three freeways, shopping and downtown .

Last Agent to Sell the Property

MICHELLE YOO

RE/MAX PREMIER/SANMARINO License #01020131 Listed on: 12/14/2013

Last Buyer's Agent

MICHELLE YOO

RE/MAX PREMIER/SANMARINO License #01020131 Listed on: 12/14/2013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,703

Year Built

  • Built in 1960

Lot Details

  • 0.32 Acre Lot
  • South Facing Home

Parking

  • 2 Car Attached Garage
  • Parking Available

Property Views

  • Panoramic
  • City Lights
  • Mountain
  • Hills

Home Design

  • Contemporary Architecture
  • Slab Foundation

Interior Spaces

  • 2,443 Sq Ft Home
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Carpet
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Built-In Range

Bedrooms and Bathrooms

  • 4 Bedrooms

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 76
  • Tax Tract Number 21876
  • Assessor Parcel Number 5252033001

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,703

Year Built

Built in 1960

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5252033001
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2443.00
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Area
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Price Per Square Foot: 380.68
  • Room Type: Family Room, Living Room, Master Bedroom

Exterior Features

  • Direction Faces: South
  • Foundation: Slab
  • View: City Lights, Hills, Mountain(s), Panoramic
  • Pool Private: No

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range
  • Heating Type: Central
  • Laundry Features: Common Area
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Alhambra

Lot Info

  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 13985.00
  • Lot Size Acres: 0.3210

Multi Family

  • Lease Considered: No
  • Lot Size Area: 13985.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 76
  • Tax Tract Number: 21876

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 14, 2013
Closed on
Jan 21, 2014
Sold by
Nishikawa Mitsuko and Mitsuko Nishikawa Family Trust
Bought by
Wong Samuel Siu Lun and Zhou Lei
Seller's Agent
MICHELLE YOO
RE/MAX PREMIER/SANMARINO
Buyer's Agent
MICHELLE YOO
RE/MAX PREMIER/SANMARINO
List Price
$920,000
Sold Price
$930,000
Premium/Discount to List
$10,000
1.09%
Current Estimated Value
$1,596,209

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$666,209
Avg. Annual Appreciation
4.72%
Original Mortgage
$500,000
Outstanding Balance
$360,313
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,235,896

Purchase Details

Closed on
Jul 30, 2010
Sold by
Nishikawa Mitsuko
Bought by
Nishikawa Mitsuko and Mitsuko Nishikawa Family Trust

Purchase Details

Closed on
Jun 1, 2010
Sold by
Nishikawa Shigeshi and Nishikawa Mitsuko
Bought by
Nishikawa Mitsuko
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
Wong Samuel Siu Lun $930,000 Title 365
Nishikawa Mitsuko -- None Available
Nishikawa Mitsuko -- None Available
Nishikawa Shigeshi -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Samuel Siu Lun $500,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/28/2014 01/28/14 Sold $930,000 +1.1% $381 / Sq Ft
12/26/2013 12/26/13 Pending -- -- --
12/14/2013 12/14/13 For Sale $920,000 -- $377 / 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 $14,703 $1,140,040 $657,302 $482,738
2024 $14,703 $1,117,687 $644,414 $473,273
2023 $14,407 $1,095,773 $631,779 $463,994
2022 $13,723 $1,074,289 $619,392 $454,897
2021 $13,562 $1,053,226 $607,248 $445,978
2019 $13,077 $1,021,989 $589,238 $432,751
2018 $13,012 $1,001,951 $577,685 $424,266
2016 $12,081 $963,046 $555,253 $407,793
2015 $11,894 $948,581 $546,913 $401,668
2014 $2,050 $140,949 $42,976 $97,973
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS13247496

California Regional Multiple Listing Service (CRMLS)

APN: 5252-033-001