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409 North Monterey Street

409 North Monterey Street, Alhambra, CA 91801
Property in Alhambra
Sold Dec 30, 2021
$1,340,000
$850,000 by Pmac Lending Services Inc
Mortgage Due Jan 01, 2052
Sold Oct 29, 2009
$799,000
$330,000 by Wells Fargo Bank Na
Mortgage Due Nov 01, 2039
409 North Monterey Street in Alhambra, CA was first built in 1934 and is 90 years old. Although, the building on the property was most recently renovated and altered in 1936. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a triplex style. There are a total of 0 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 4 full bathrooms. There are 4 partial bathrooms. 409 North Monterey Street has 2,590 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. In total, the area measurement of the land is 7,503 square feet.

Learn more about the property and building on this page. 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 B. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. 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, 409 North Monterey Street sold most recently in Dec 16, 2021 for a total of $1,340,000. If you work out the math, that's approximately a cost of $517.37 per sqft. Before that, the property was also sold for $799,000 in Oct 22, 2009. 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 $16,247 in taxes each year. 409 North Monterey Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,366,800. If we break it down further, the land itself was valued at $887,400. Improvements to the property, however, were assessed at a total of $479,400. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!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: 1934
  • Effective Year Built: 1936
  • Building Count: 1
  • Bedroom Count: 6
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Triplex
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 7,503
  • Total Building Area: 2,590
  • Gross Building Area: 2,590
  • Building Area: 2,590
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 2,590
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: H W STANTONS SUB OF THE M GOFF TRACT
  • Land Acres: 0.172
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: H W STANTONS SUB OF THE M GOFF TRACT LOT/SEC 22 BLK/DIV/TWN B

Ownership

  • Current Owner : CHOW LIPSON JON
  • Current Owner 2: CHANG IRENE MAY
  • Previous Owner : LEUNG TAK S
  • Previous Owner 2: LEUNG LE T
  • Owner Before Previous Owner: LEE ANTHONY W
  • Owner Before Previous Owner 2: LEE VICTOR J
  • Ownership Rights Codes: Family Trust

Neighborhood

  • School District Name: Alhambra Unified School District
  • Census Tract: 480302

Zoning

  • Zoning: ALRPD*

Geography

  • Assessors Map Reference: 37-C3
  • Parcel: 5337-005-020
  • Block: B
  • Lot: 22
  • Municipality: EAST /N ALHAM/SAN GAB
  • Latitude: 34.1003
  • Longitude: -118.128

    Address

  • Full Address: 409 N Monterey St
  • Address - House Number: 409
  • Street Direction: N
  • Address - Street Name: Monterey
  • Address - Suffix Type: St
  • State: CA
  • City Name: Alhambra
  • Carrier Code: C071
  • 4-Digit Zip Code: 2525
  • Zip Code: 91801

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $16,247
  • Tax Rate Code Area: 01-797

    Appraisal Valuation

  • Standard Deviation: 0.2212
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,473,589
  • High Value: 1,799,663
  • Low Value: 1,147,516

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $850,000
  • First Open Lien Mortgage Lender: PMAC LENDING SERVICES INC
  • First Open Lien Mortgage Recording Date: Dec 30, 2021
  • First Open Lien Mortgage Loan Amount: $850,000
  • 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: Jan 01, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,366,800
  • Assessed Land Value: $887,400
  • Assessed Improvements Value: $479,400

    Sales

  • Current Sale Contract Date: Dec 16, 2021
  • Current Sale Recording Date: Dec 30, 2021
  • Current Sale Transaction ID: 11876018892
  • Current Sale Price: $1,340,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1932072
  • Previous Sale Recording Date: Oct 29, 2009
  • Previous Sale Contract Date: Oct 22, 2009
  • Previous Sale Amount: $799,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PMAC LENDING SERVICES INC
  • First Mortgage Transaction Date: Dec 30, 2021
  • First Mortgage Loan Amount: $850,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Oct 29, 2009
  • Previous Mortgage Loan Amount: $330,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Nov 01, 2039

About Alhambra



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Frequently Asked Questions

What neighborhood is 409 North Monterey Street located in?
The 409 North Monterey Street is a located in the neighborhood of Alhambra in Alhambra, Alhambra.
What is the average sales price for listings in 409 North Monterey Street?
The average sales price for units in 409 North Monterey Street is $0 currently.

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