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1421 Solar Drive

1421 Solar Drive, Monterey Park, CA 91754
Property in Monterey Park
Sold Nov 01, 2016
$1,068,000
$650,000 by Bank Of America Na
Mortgage Due Nov 01, 2046
Sold Oct 16, 2003
$400,000
$320,000 by Americas Wholesale Lender
Mortgage Due Nov 01, 2033
1421 Solar Drive in Monterey Park, CA was first built in 1957 and is 67 years old. Although, the building on the property was most recently renovated and altered in 1980. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 8 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1421 Solar Drive has 2,908 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. The linear feet across the front of the lot is 660 ft and the linear feet between the front and back of the lot is 1,100. In total, the area measurement of the land is 7,276 square feet.

Learn more about the property and building on this page. The home has a hip style roof made of wood shake/ shingles. There is one available parking space. 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. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter 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, 1421 Solar Drive was last sold in Oct 31, 2016 for $1,068,000. According to our calculations, that's $367.26 per sqft. Prior to that sales transaction, the property was sold for $400,000 in Oct 12, 2003. Current property owners are expected to pay $14,799 in taxes per year. The property on 1421 Solar Drive was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $1,191,370. To break that down further, the land itself was valued at $780,861. While improvements to the property were assessed at a total of $410,509. 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. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1980
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Wood shake/ shingles
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 7,276
  • Lot Size Depth Feet: 1,100
  • Lot Size Frontage Feet: 660
  • Total Building Area: 2,908
  • Building Area: 2,908
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,908
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 21871
  • Land Acres: 0.167
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 21871 LOT/SEC 236

Ownership

  • Current Owner : LEH EDWIN TAN
  • Current Owner 2: YU ANNIE Y
  • Previous Owner : HUR CHRISTINA CHO
  • Previous Owner 2: HUR JAE HYUK
  • Owner Before Previous Owner: FU PETER C
  • Owner Before Previous Owner 2: FU ANGEL M
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Family Trust
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

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

Zoning

  • Zoning: MPR1YY

Geography

  • Assessors Map Reference: 46-A3
  • Subdivision Tract Number: 21871
  • Parcel: 5252-026-027
  • Lot: 236
  • Municipality: EAST /W. MONTEREY PK.
  • Latitude: 34.0467
  • Longitude: -118.149

    Address

  • Full Address: 1421 Solar Dr
  • Address - House Number: 1421
  • Address - Street Name: Solar
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Monterey Park
  • Carrier Code: C042
  • 4-Digit Zip Code: 4548
  • Zip Code: 91754

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,799
  • Tax Rate Code Area: 01-840

    Appraisal Valuation

  • Standard Deviation: 0.2306
  • Valuation Date: Jan 10, 2024
  • Confidence Score: 68
  • Final Value: 1,440,956
  • High Value: 1,773,273
  • Low Value: 1,108,639

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $650,000
  • First Open Lien Mortgage Lender: BANK OF AMERICA NA
  • First Open Lien Mortgage Recording Date: Nov 01, 2016
  • First Open Lien Mortgage Loan Amount: $650,000
  • 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: Nov 01, 2046

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,191,370
  • Assessed Land Value: $780,861
  • Assessed Improvements Value: $410,509

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Oct 31, 2016
  • Current Sale Recording Date: Nov 01, 2016
  • Current Sale Transaction ID: 1844143261
  • Current Sale Price: $1,068,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 16-1353627
  • Previous Sale Recording Date: Oct 16, 2003
  • Previous Sale Contract Date: Oct 12, 2003
  • Previous Sale Amount: $400,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BANK OF AMERICA NA
  • First Mortgage Transaction Date: Nov 01, 2016
  • First Mortgage Loan Amount: $650,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Nov 01, 2046

    Previous Mortgages

  • Previous Mortgage Lender: AMERICAS WHOLESALE LENDER
  • Previous Mortgage Transaction Date: Oct 16, 2003
  • Previous Mortgage Financing Type: Fixed Rate
  • Previous Mortgage Loan Amount: $320,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2033

About Monterey Park



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Frequently Asked Questions

What neighborhood is 1421 Solar Drive located in?
The 1421 Solar Drive is a located in the neighborhood of Monterey Park in Monterey Park, Monterey Park.
What is the average sales price for listings in 1421 Solar Drive?
The average sales price for units in 1421 Solar Drive is $0 currently.

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