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1057 Ridgecrest Street

1057 Ridgecrest Street, Monterey Park, CA 91754
Property in Monterey Park
Sold Aug 17, 2021
$1,050,000
$721,000 by Bank Of America Na
Mortgage Due Sep 01, 2051
Sold Jan 28, 2016
$665,000
1057 Ridgecrest Street has been categorized by the local assessors in Monterey Park, CA as a residential type of property. The building on the property was first built in 1957 and is 67 years old. The home has a total of 7 rooms. 3 of these rooms are legally considered as bedrooms. Residents will have access to 2 full bathrooms. There are 2 partial bathrooms in the home. This is a single story building so stairs are not necessary to access other parts of the home. In addition, 1057 Ridgecrest Street has 1,740 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The linear feet between the front and back of the lot is 1,800 ft and across the front of the lot is 610 ft. The area measurement of the land has been determined as 11,047 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a conventional style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. According to our sources, there is one available parking space. Love to swim? You'll be excited to find out that there is a spa or hot tub but no pool on the property. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The building has a gable style roof made of wood shake/ shingles. The exterior walls of the building are made of stucco. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. There is a single fireplace in the home. Perfect for those wintery nights. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1057 Ridgecrest Street was last sold in Jul 20, 2021 for $1,050,000. According to our calculations, that's $603.45 per sqft. Prior to that sales transaction, the property was sold for $665,000 in Jan 5, 2016. Current property owners are expected to pay $13,481 in taxes per year. The property on 1057 Ridgecrest Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,071,000. To break that down further, the land itself was valued at $783,156. While improvements to the property were assessed at a total of $287,844. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1957
  • Effective Year Built: 1957
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Spa or hot tub (only)

    Dimensions

  • Lot Size Square Feet: 11,047
  • Lot Size Depth Feet: 1,800
  • Lot Size Frontage Feet: 610
  • Total Building Area: 1,740
  • Building Area: 1,740
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,740
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 21874
  • Land Acres: 0.254
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 21874 LOT/SEC 58

Ownership

  • Current Owner : CHING DORIS KEI YUE
  • Current Owner 2: CHAN WAN HO
  • Previous Owner : CUI ZHIJUAN
  • Previous Owner 2: QIU HAO
  • Owner Before Previous Owner: SCHMID ANDREW
  • Owner Before Previous Owner 2: SCHMID ANABEL
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Alhambra Unified School District
  • Census Tract: 482002

Zoning

  • Zoning: MPR1*

Geography

  • Assessors Map Reference: 45-F3
  • Subdivision Tract Number: 21874
  • Parcel: 5252-019-005
  • Lot: 58
  • Municipality: EAST /W. MONTEREY PK.
  • Latitude: 34.0504
  • Longitude: -118.155

    Address

  • Full Address: 1057 Ridgecrest St
  • Address - House Number: 1057
  • Address - Street Name: Ridgecrest
  • Address - Suffix Type: St
  • State: CA
  • City Name: Monterey Park
  • Carrier Code: C051
  • 4-Digit Zip Code: 4546
  • Zip Code: 91754

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,481
  • Tax Rate Code Area: 01-840

    Appraisal Valuation

  • Standard Deviation: 0.2118
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 71
  • Final Value: 1,133,111
  • High Value: 1,373,126
  • Low Value: 893,095

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $721,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Aug 17, 2021
  • First Open Lien Mortgage Loan Amount: $721,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,071,000
  • Assessed Land Value: $783,156
  • Assessed Improvements Value: $287,844

    Sales

  • Current Sale Contract Date: Jul 20, 2021
  • Current Sale Recording Date: Aug 17, 2021
  • Current Sale Transaction ID: 11849368601
  • Current Sale Price: $1,050,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1256296
  • Previous Sale Recording Date: Jan 28, 2016
  • Previous Sale Contract Date: Jan 05, 2016
  • Previous Sale Amount: $665,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Aug 17, 2021
  • First Mortgage Loan Amount: $721,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

About Monterey Park



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 1057 Ridgecrest Street located in?
The 1057 Ridgecrest Street is a located in the neighborhood of Monterey Park in Monterey Park, Monterey Park.
What is the average sales price for listings in 1057 Ridgecrest Street?
The average sales price for units in 1057 Ridgecrest Street is $0 currently.

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