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1715 Adams Way

1715 Adams Way, Monterey Park, CA 91755
Property in Monterey Park
Sold Apr 09, 2021
$975,000
$780,000 by Jpmorgan Chase Bank Na
Mortgage Due May 01, 2051
Local assessors in Monterey Park, CA have categorized 1715 Adams Way as a residential type of property. The home was built in 1959 and is 65 years old. It was most recently renovated and altered in 1968. The property's lot size has been calculated to be 11,661 square feet. The linear feet between the front and back of the lot was measured at 1,000 ft and the front of the lot was measured at 1,090 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 11 rooms in the home. Of these, 5 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 3 full bathrooms. There are also 3 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 1715 Adams Way has a total of 2,256 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. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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 a central 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. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1715 Adams Way sold most recently in Mar 22, 2021 for a total of $975,000. If you work out the math, that's approximately a cost of $432.18 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $13,139 in taxes each year. 1715 Adams Way was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,014,389. If we break it down further, the land itself was valued at $750,752. Improvements to the property, however, were assessed at a total of $263,637. The property's total assessed value has been marked as more than the total market value 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. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • 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
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 11,661
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 1,090
  • Total Building Area: 2,256
  • Building Area: 2,256
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 2,256
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 21072
  • Land Acres: 0.268
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 21072 LOT/SEC 18

Ownership

  • Current Owner : RIVAS ROBERTO
  • Current Owner 2: RIVAS AMANDA
  • Previous Owner : CHUN CHRISTINE
  • Previous Owner 2: THE CHUN TRUST
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Garvey Elementary School District
  • Census Tract: 482600

Zoning

  • Zoning: MPR1YY

Geography

  • Assessors Map Reference: 46-D3
  • Subdivision Tract Number: 21072
  • Parcel: 5260-019-012
  • Lot: 18
  • Municipality: EAST /W. MONTEREY PK.
  • Latitude: 34.046
  • Longitude: -118.115

    Address

  • Full Address: 1715 Adams Way
  • Address - House Number: 1715
  • Address - Street Name: Adams
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Monterey Park
  • Carrier Code: C056
  • 4-Digit Zip Code: 4117
  • Zip Code: 91755

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,139
  • Tax Rate Code Area: 03-925

    Appraisal Valuation

  • Standard Deviation: 0.2165
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 1,125,851
  • High Value: 1,369,629
  • Low Value: 882,073

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $780,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Apr 09, 2021
  • First Open Lien Mortgage Loan Amount: $780,000
  • 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: May 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,014,389
  • Assessed Land Value: $750,752
  • Assessed Improvements Value: $263,637

    Sales

  • Current Sale Contract Date: Mar 22, 2021
  • Current Sale Recording Date: Apr 09, 2021
  • Current Sale Transaction ID: 11829090971
  • Current Sale Price: $975,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0561817

    Last Sale Mortgage

  • First Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Mortgage Transaction Date: Apr 09, 2021
  • First Mortgage Loan Amount: $780,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: May 01, 2051

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Frequently Asked Questions

What neighborhood is 1715 Adams Way located in?
The 1715 Adams Way is a located in the neighborhood of Monterey Park in Monterey Park, Monterey Park.
What is the average sales price for listings in 1715 Adams Way?
The average sales price for units in 1715 Adams Way is $0 currently.

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