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115 South Rural Drive

115 South Rural Drive, Monterey Park, CA 91755
Property in Monterey Park
Sold Dec 01, 2017
$700,000
$500,000 by Benjamin Tsai
Mortgage
115 South Rural Drive in Monterey Park, CA was first built in 1947 and is 77 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a duplex style. There are a total of 0 rooms in the home, of which, 3 are bedrooms. In terms of bathrooms, there are a total of 2 full bathrooms. There are 2 partial bathrooms. 115 South Rural Drive has 1,460 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 5,902 square feet.

Learn more about the property and building on this page. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of C. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. The property was last sold in Oct 18, 2017 for $700,000. That's $479.45 per sqft. 115 South Rural Drive was last assessed in 2023. The total value of the property was assessed at $765,549. Specifically, the land the property is located on was valued at $546,822. While improvements on the property were assessed at a total of $218,727. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $9,897. The initial tax year of delinquency was in 2021. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1947
  • Effective Year Built: 1947
  • Building Count: 2
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Duplex
  • Living Units: 2
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 5,902
  • Total Building Area: 1,460
  • Gross Building Area: 1,460
  • Building Area: 1,460
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 1,460
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 9378
  • Land Acres: 0.136
  • Standard Land Use Code: Duplex (2 units, any combination)
  • Legal Description 1: TRACT NO 9378 LOT/SEC 78

Ownership

  • Current Owner : HUANG XIAO KING
  • Previous Owner : TANN WONG JASON
  • Previous Owner 2: TANN YOUNG
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Garvey Elementary School District
  • Census Tract: 482202

Zoning

  • Zoning: MPR1*

Geography

  • Assessors Map Reference: 46-D2
  • Subdivision Tract Number: 9378
  • Parcel: 5259-016-026
  • Lot: 78
  • Municipality: EAST /MONT.PK./ROSMD.
  • Latitude: 34.062
  • Longitude: -118.114

    Address

  • Full Address: 115 S Rural Dr
  • Address - House Number: 115
  • Street Direction: S
  • Address - Street Name: Rural
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Monterey Park
  • Carrier Code: C005
  • 4-Digit Zip Code: 3034
  • Zip Code: 91755

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,897
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 03-925

    Appraisal Valuation

  • Standard Deviation: 0.2199
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,028,310
  • High Value: 1,254,494
  • Low Value: 802,127

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: BENJAMIN TSAI
  • First Open Lien Mortgage Recording Date: Apr 02, 2021
  • First Open Lien Mortgage Loan Amount: $500,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Private Lender: T

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $765,549
  • Assessed Land Value: $546,822
  • Assessed Improvements Value: $218,727

    Sales

  • Current Sale Contract Date: Oct 18, 2017
  • Current Sale Recording Date: Dec 01, 2017
  • Current Sale Transaction ID: 11326246418
  • Current Sale Price: $700,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 17-1390293

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Frequently Asked Questions

What neighborhood is 115 South Rural Drive located in?
The 115 South Rural Drive is a located in the neighborhood of Monterey Park in Monterey Park, Monterey Park.
What is the average sales price for listings in 115 South Rural Drive?
The average sales price for units in 115 South Rural Drive is $0 currently.

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