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309 Encanto Lane

309 Encanto Lane, Monterey Park, CA 91755
Property in Monterey Park
Refi Sep 15, 2023
Transfer
$245,000 by Nations Direct Mortgage, Llc
Mortgage Due Oct 01, 2053
309 Encanto Lane has been categorized by the local assessors in Monterey Park, CA as a residential type of property. The building on the property was first built in 2015 and is 9 years old. The home has a total of 3 bedrooms. Residents will have access to 3 full bathrooms. There are 3 partial bathrooms in the home. In addition, 309 Encanto Lane has 1,647 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 65,359 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a condo style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of A by the local assessor. The inside of the home is being cooled with central air conditioning at the moment. In terms of heating, it is utilizing a central heating system. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. Tax-wise, the current owner is expected to pay close to $9,118 in taxes each year. 309 Encanto Lane was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $657,434. If we break it down further, the land itself was valued at $341,347. Improvements to the property, however, were assessed at a total of $316,087. The property's total assessed value has been marked as more than the total market value which is pretty atypical. 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. 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: 2015
  • Effective Year Built: 2015
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 65,359
  • Total Building Area: 1,647
  • Building Area: 1,647
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,647
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ENCANTO WALK
  • Land Acres: 1.5
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TR=72544 POR LOT 1 PH 1 CONDO UNIT 60 (AIRSPACE AND 1/10 INT IN COMMON AREA)

Ownership

  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Trustee/Conservator
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Montebello Unified School District
  • Census Tract: 482600

Zoning

  • Zoning: MPC4*

Geography

  • Subdivision Tract Number: 72544
  • Parcel: 5276-018-012
  • Lot: 1
  • Municipality: EAST /MONT. PK/ROSEMD
  • Latitude: 34.0414
  • Longitude: -118.106

    Address

  • Full Address: 309 Encanto Ln
  • Address - House Number: 309
  • Address - Street Name: Encanto
  • Address - Suffix Type: Ln
  • State: CA
  • City Name: Monterey Park
  • Carrier Code: C020
  • 4-Digit Zip Code: 5849
  • Zip Code: 91755

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $9,118
  • Tax Rate Code Area: 06-335

    Appraisal Valuation

  • Standard Deviation: 0.2284
  • Valuation Date: Sep 13, 2023
  • Confidence Score: 68
  • Final Value: 650,958
  • High Value: 799,694
  • Low Value: 502,222

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $245,000
  • First Open Lien Mortgage Lender: NATIONS DIRECT MORTGAGE, LLC
  • First Open Lien Mortgage Recording Date: Sep 15, 2023
  • First Open Lien Mortgage Loan Amount: $245,000
  • 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: Oct 01, 2053

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $657,434
  • Assessed Land Value: $341,347
  • Assessed Improvements Value: $316,087

About Monterey Park



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Frequently Asked Questions

What neighborhood is 309 Encanto Lane located in?
The 309 Encanto Lane is a located in the neighborhood of Monterey Park in Monterey Park, Monterey Park.
What is the average sales price for listings in 309 Encanto Lane?
The average sales price for units in 309 Encanto Lane is $0 currently.

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