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1501 Mira Valle Street

1501 Mira Valle Street, Monterey Park, CA 91754
Property in Monterey Park
Sold Jun 13, 2002
$315,000
$200,000 by Hsbc Mtg Corp Usa
Mortgage Due Jul 01, 2032
Sold May 06, 1994
$238,000
$130,900 by Brooksamerica Mtg
Mortgage Due May 01, 2009
Local assessors in Monterey Park, CA have categorized 1501 Mira Valle Street as a residential type of property. The home was built in 1952 and is 72 years old. The property's lot size has been calculated to be 11,150 square feet. The linear feet between the front and back of the lot was measured at 1,700 ft and the front of the lot was measured at 650 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 1501 Mira Valle Street has a total of 1,857 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. There is only one available parking space, so if you need more, you may need to find some alternatives. Moving onto specific details regarding the building. Our sources show that the building condition is good. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a gable style roof that was made of composition shingle. Lots of stucco were used in the construction of the exterior walls of the home. The home's floor/wall heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 1501 Mira Valle Street was last sold in Apr 17, 2002 for $315,000. According to our calculations, that's $169.63 per sqft. Prior to that sales transaction, the property was sold for $238,000 in Apr 6, 1994. Current property owners are expected to pay $6,147 in taxes per year. The property on 1501 Mira Valle Street was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $447,254. To break that down further, the land itself was valued at $325,011. While improvements to the property were assessed at a total of $122,243. 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. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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: 1952
  • Effective Year Built: 1952
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 4
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 11,150
  • Lot Size Depth Feet: 1,700
  • Lot Size Frontage Feet: 650
  • Total Building Area: 1,857
  • Building Area: 1,857
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,857
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 17313
  • Land Acres: 0.256
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 17313 LOT/SEC 47

Ownership

  • Current Owner : LI PEN HSIU
  • Previous Owner : ZHENG ZHONG J
  • Previous Owner 2: ZHENG THAO
  • Owner Before Previous Owner: HOSOZAWA MISAO
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Montebello Unified School District
  • Census Tract: 482102

Zoning

  • Zoning: MPR1YY

Geography

  • Assessors Map Reference: 46-B3
  • Subdivision Tract Number: 17313
  • Parcel: 5262-025-009
  • Lot: 47
  • Municipality: EAST /W. MONTEREY PK.
  • Latitude: 34.0459
  • Longitude: -118.138

    Address

  • Full Address: 1501 Mira Valle St
  • Address - House Number: 1501
  • Address - Street Name: Mira Valle
  • Address - Suffix Type: St
  • State: CA
  • City Name: Monterey Park
  • Carrier Code: C017
  • 4-Digit Zip Code: 5323
  • Zip Code: 91754

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,147
  • Tax Rate Code Area: 06-364

    Appraisal Valuation

  • Standard Deviation: 0.2082
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 71
  • Final Value: 950,779
  • High Value: 1,148,816
  • Low Value: 752,742

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $200,000
  • First Open Lien Mortgage Lender: HSBC MTG CORP USA
  • First Open Lien Mortgage Recording Date: Jun 13, 2002
  • First Open Lien Mortgage Loan Amount: $200,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2032

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $447,254
  • Assessed Land Value: $325,011
  • Assessed Improvements Value: $122,243

    Sales

  • Current Sale Contract Date: Apr 17, 2002
  • Current Sale Recording Date: Jun 13, 2002
  • Current Sale Transaction ID: 1031649361
  • Current Sale Price: $315,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 02-1346311
  • Previous Sale Recording Date: May 06, 1994
  • Previous Sale Contract Date: Apr 06, 1994
  • Previous Sale Amount: $238,000
  • Previous Sale Document Type: Individual Deed

    Last Sale Mortgage

  • First Mortgage Lender: HSBC MTG CORP USA
  • First Mortgage Transaction Date: Jun 13, 2002
  • First Mortgage Loan Amount: $200,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jul 01, 2032

    Previous Mortgages

  • Previous Mortgage Lender: BROOKSAMERICA MTG
  • Previous Mortgage Transaction Date: May 06, 1994
  • Previous Mortgage Loan Amount: $130,900
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Due Date: May 01, 2009

About Monterey Park



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Frequently Asked Questions

What neighborhood is 1501 Mira Valle Street located in?
The 1501 Mira Valle Street is a located in the neighborhood of Monterey Park in Monterey Park, Monterey Park.
What is the average sales price for listings in 1501 Mira Valle Street?
The average sales price for units in 1501 Mira Valle Street is $0 currently.

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