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202 West Fernfield Drive

202 West Fernfield Drive, Monterey Park, CA 91754
Property in Monterey Park
Sold Aug 31, 2022
$1,125,000
$900,000 by First Republic Bank
Mortgage Due Sep 01, 2052
Sold Mar 12, 2018
$750,000
Buyer
$600,000 by Mega Capital Funding Inc
Mortgage Due Mar 01, 2048
Local assessors in Monterey Park, CA have categorized 202 West Fernfield Drive as a residential type of property. The home was built in 1950 and is 74 years old. It was most recently renovated and altered in 1953. The property's lot size has been calculated to be 9,168 square feet. The linear feet between the front and back of the lot was measured at 1,150 ft and the front of the lot was measured at 810 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 9 rooms in the home. Of these, 3 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 202 West Fernfield Drive has a total of 2,310 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. 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 hip style roof that was made of composition shingle. Lots of stucco were used in the construction of the exterior walls of the home. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 202 West Fernfield Drive sold most recently in Aug 12, 2022 for a total of $1,125,000. If you work out the math, that's approximately a cost of $487.01 per sqft. Before that, the property was also sold for $750,000 in Feb 23, 2018. 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 $10,700 in taxes each year. 202 West Fernfield Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,125,000. If we break it down further, the land itself was valued at $791,200. Improvements to the property, however, were assessed at a total of $333,800. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.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: 1950
  • Effective Year Built: 1953
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 9,168
  • Lot Size Depth Feet: 1,150
  • Lot Size Frontage Feet: 810
  • Total Building Area: 2,310
  • Building Area: 2,310
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,310
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 9902
  • Land Acres: 0.211
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 9902 LOT/SEC 1 BLK/DIV/TWN 10

Ownership

  • Current Owner : LAI CALVIN TSZ HUNG
  • Current Owner 2: NGUYEN SANG THI
  • Previous Owner : CHUN SZETO
  • Previous Owner 2: CHUN GINA
  • Owner Before Previous Owner: REGALADO ANNIE
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Montebello Unified School District
  • Census Tract: 482701

Zoning

  • Zoning: MPR1*

Geography

  • Assessors Map Reference: 46-B5
  • Subdivision Tract Number: 9902
  • Parcel: 5273-021-006
  • Block: 10
  • Lot: 1
  • Municipality: EAST /W. MONTEREY PK.
  • Latitude: 34.0342
  • Longitude: -118.132

    Address

  • Full Address: 202 W Fernfield Dr
  • Address - House Number: 202
  • Street Direction: W
  • Address - Street Name: Fernfield
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Monterey Park
  • Carrier Code: C014
  • 4-Digit Zip Code: 7104
  • Zip Code: 91754

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,700
  • Tax Rate Code Area: 06-364

    Appraisal Valuation

  • Standard Deviation: 0.2147
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 1,070,302
  • High Value: 1,300,196
  • Low Value: 840,407

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $900,000
  • First Open Lien Mortgage Lender: FIRST REPUBLIC BANK
  • First Open Lien Mortgage Recording Date: Aug 31, 2022
  • First Open Lien Mortgage Loan Amount: $900,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Balloon
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,125,000
  • Assessed Land Value: $791,200
  • Assessed Improvements Value: $333,800

    Sales

  • Current Sale Contract Date: Aug 12, 2022
  • Current Sale Recording Date: Aug 31, 2022
  • Current Sale Transaction ID: 11895290021
  • Current Sale Price: $1,125,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 864203
  • Previous Sale Recording Date: Mar 12, 2018
  • Previous Sale Contract Date: Feb 23, 2018
  • Previous Sale Amount: $750,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIRST REPUBLIC BANK
  • First Mortgage Transaction Date: Aug 31, 2022
  • First Mortgage Loan Amount: $900,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Balloon
  • First Mortgage Loan Due Date: Sep 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: MEGA CAPITAL FUNDING INC
  • Previous Mortgage Transaction Date: Mar 12, 2018
  • Previous Mortgage Loan Amount: $600,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2048

About Monterey Park



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Nearby Rentals

Currently no nearby rentals

Frequently Asked Questions

What neighborhood is 202 West Fernfield Drive located in?
The 202 West Fernfield Drive is a located in the neighborhood of Monterey Park in Monterey Park, Monterey Park.
What is the average sales price for listings in 202 West Fernfield Drive?
The average sales price for units in 202 West Fernfield Drive is $0 currently.

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