NOT LISTED FOR SALE

1030 W Garvey Ave Monterey Park, CA 91754

Estimated Value: $1,012,000 - $1,346,000

5 Beds
4 Baths
1,964 Sq Ft
$608/Sq Ft Est. Value

Last Sold September 27, 2023

Last sale price $1,110,000 $565 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,708/month

42 Days on Market

Highlights

  • No HOA
  • Living Room
  • Central Air
  • Monterey Highlands Elementary School Rated A
  • Laundry Room
  • Family Room

About This Home

As of September 2023

Welcome to this charming and unique multi family home located in the highly desirable area of Monterey Park. This property features a newly Built ADU with 3 bedrooms / 2 baths and provides an abundance of natural light with a well-laid out floor plan. The spacious living room is open up to the dining and kitchen area. Gourmet kitchen has custom cabinets, quartz countertops, backsplash, center island and brand new appliances. The Gorgeous owner’s bath has a custom built shower and tiles. Additional features include new energy efficient LED lights, new windows, washer and dryer area, Central HVAC unit, water resistant wood and tile flooring throughout, detached garage, private yard and parking. The main residence features 2 beds/2 baths and has been completely remodeled with a new custom kitchen, new wood floor, bathroom, and new interior/exterior paint. This home has no shortage of space. Come and check out this beautiful home, don't miss this opportunity!

Last Agent to Sell the Property

Shun Zhang

RE/MAX CHAMPIONS License #01825334 Listed on: 07/14/2023

RE/MAX CHAMPIONS

Last Buyer's Agent

Karen Ngoc Luu

Century Financial Group, Corp. License #01426053

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,585

Year Built

  • Built in 2023

Lot Details

  • 5,692 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,964 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms

Schools

  • Mark Keppel High School

Additional Features

  • Exterior Lighting
  • Central Air

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 5400
  • Assessor Parcel Number 5261005032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,585

Year Built

Built in 2023

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 5261005032
  • Year Built: 2023
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 1964.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 5
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 565.17
  • Room Type: Family Room, Kitchen, Living Room, Master Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Alhambra
  • High School: Mark Keppel
  • High School: Mark Keppel
  • High School2: MARKEP

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 5692.00
  • Lot Size Acres: 0.1307

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5692.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 5400

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2023
Closed on
Sep 20, 2023
Sold by
Young Henry
Bought by
Nim Hien Chi and Tran Vincent
Seller's Agent
Shun Zhang
RE/MAX CHAMPIONS
Buyer's Agent
Karen Ngoc Luu
Century Financial Group, Corp.
List Price
$955,000
Sold Price
$1,110,000
Premium/Discount to List
$155,000
16.23%
Views
717
Current Estimated Value
$1,193,879

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,879
Avg. Annual Appreciation
1.74%

Purchase Details

Listed on
Oct 31, 2020
Closed on
Feb 4, 2021
Sold by
Cho Young Heeyoung Liz
Bought by
Young Henry
Seller's Agent
Phyllis Lu
Titan One Real Estate
Buyer's Agent
Ben Ong
Manna Realty
List Price
$630,000
Sold Price
$625,000
Premium/Discount to List
-$5,000
-0.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.62%
Original Mortgage
$435,000
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Listed on
Oct 31, 2020
Closed on
Jan 14, 2021
Sold by
Chang King Chih and Chang Mex Thai
Bought by
Young Henry
Seller's Agent
Phyllis Lu
Titan One Real Estate
Buyer's Agent
Ben Ong
Manna Realty
List Price
$630,000
Sold Price
$625,000
Premium/Discount to List
-$5,000
-0.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$435,000
Interest Rate
2.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 25, 2010
Sold by
Chang Wen and Wen Chang Living Trust
Bought by
Chang King Chih and Chang Max Thai

Purchase Details

Closed on
Apr 10, 2002
Sold by
Chang Wen
Bought by
Chang Wen and Chang Wen W

Purchase Details

Closed on
Sep 16, 1997
Sold by
Siu Wong K
Bought by
Chang Wen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$92,000
Interest Rate
7.54%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Nim Hien Chi $1,110,000 Wfg National Title
Young Henry -- Wfg National Title Company
Young Henry $625,000 Wfg National Title Company
Chang King Chih $385,000 Lawyers Title
Chang Wen -- --
Chang Wen $115,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Young Henry $435,000
Previous Owner Chang Wen $92,000
Closed Nim Hien Chi $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/27/2023 09/27/23 Sold $1,110,000 +11.6% $565 / Sq Ft
08/20/2023 08/20/23 Price Changed $995,000 +4.2% $507 / Sq Ft
07/14/2023 07/14/23 For Sale $955,000 +52.8% $486 / Sq Ft
02/17/2021 02/17/21 Sold $625,000 +7.8% $818 / Sq Ft
12/17/2020 12/17/20 Pending -- -- --
12/03/2020 12/03/20 Price Changed $580,000 -7.9% $759 / Sq Ft
10/31/2020 10/31/20 For Sale $630,000 0.0% $825 / Sq Ft
08/22/2016 08/22/16 Rented $1,800 0.0% --
08/09/2016 08/09/16 For Rent $1,800 0.0% --
10/21/2013 10/21/13 Rented $1,800 0.0% --
10/17/2013 10/17/13 Under Contract -- -- --
09/02/2013 09/02/13 For Rent $1,800 +5.6% --
02/01/2013 02/01/13 Rented $1,705 +0.3% --
01/24/2013 01/24/13 Under Contract -- -- --
01/03/2013 01/03/13 For Rent $1,700 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $14,585 $1,132,200 $846,600 $285,600
2024 $14,585 $1,110,000 $830,000 $280,000
2023 $8,678 $650,250 $520,200 $130,050
2022 $8,267 $637,500 $510,000 $127,500
2021 $5,959 $455,680 $364,549 $91,131
2020 $5,924 $451,008 $360,811 $90,197
2019 $5,747 $442,166 $353,737 $88,429
2018 $5,694 $433,497 $346,801 $86,696
2016 $5,271 $416,666 $333,335 $83,331
2015 $5,187 $410,408 $328,328 $82,080
2014 $5,115 $402,370 $321,897 $80,473
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS23129968

California Regional Multiple Listing Service (CRMLS)

APN: 5261-005-032