NOT LISTED FOR SALE

111 Marguerita Ave Unit 212 Monterey Park, CA 91754

Estimated Value: $443,000 - $494,000

2 Beds
2 Baths
793 Sq Ft
$250/mo HOA Fee

Last Sold June 08, 2022

Last sale price $402,000 $507 Per Sq Ft

Est. 14% increase in value since last sale

Current estimated payment $3,132/month

75 Days on Market

Highlights

  • Fitness Center
  • Two Primary Bedrooms
  • 0.81 Acre Lot
  • Senior Community
  • View of Trees or Woods
  • Living Room

About This Home

As of June 2022

Bright and airy 2-Bed / 2-Bath condo on the second floor in a gated senior community with on-site manager. The open floor plan includes beautiful hardwood floor, nice cabinets, and inside washer and dryer. A sliding glass door opens up to a private balcony with a view of beautiful green trees. Large windows in the two bedrooms provide an abundance of natural light and green views. It is located in the best location of this community, quiet, and close to the elevator and the stairs, easy going to the garden.

This community has 2 elevators for easy accessibility. Also includes security cameras and alarm system for emergency services.

HOA includes water, trash, insurance, & cable. Recreation rooms can be used to play mahjong and for other fun social activities. Single parking space is available in the community garage (annual fee of $150). One occupant must be 62 years or older ( Purchaser/Owner is not required to be 62+). Within walking distance are supermarkets, restaurants, banks, parks, and public transport. Easy access to the 10, 60 and 710 Freeways.

Last Agent to Sell the Property

NICOLE GONG

Coldwell Banker Realty License #01998897 Listed on: 03/09/2022

Coldwell Banker Realty

Last Buyer's Agent

Heng Niu

Wetrust Realty License #02035217

Wetrust Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,564

Year Built

  • Built in 1999

Lot Details

  • Two or More Common Walls
  • Density is 36-40 Units/Acre

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 1 Car Garage

Property Views

  • Woods
  • Courtyard

Interior Spaces

  • 793 Sq Ft Home
  • Entryway
  • Living Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Double Master Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Schools

  • Mark Keppel High School

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 52505
  • Assessor Parcel Number 5261005092
  • $257 per year additional tax assessments

Community Details

Overview

  • Senior Community
  • Master Insurance
  • 41 Units
  • Maintained Community

Amenities

  • Recreation Room

Recreation

  • Fitness Center

Security

  • Security Service
  • Resident Manager or Management On Site
  • Controlled Access

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,564

Year Built

Built in 1999

Lot Details

0

HOA Fees

$250 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: MPR3YY
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5261005092
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 793.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 506.94
  • Room Type: Entry, Kitchen, Living Room, Master Bathroom, Master Bedroom, Two Masters

Exterior Features

  • View: Courtyard, Trees/Woods
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Dryer Included, In Closet, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Gym/Ex Room, Recreation Room, Cable TV, Gas, Insurance, Maintenance Grounds, Trash, Water, Management, Security, Controlled Access, Hot Water
  • Association Fee: 250.00
  • Association Fee Frequency: Monthly
  • Association Name: 1
  • Phone: 1
  • Senior Community: Yes
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights, Urban
  • Association Management: 1

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: 36-40 Units/Acre
  • Lot Size Sq Ft: 35443.00
  • Lot Size Acres: 0.8137

Multi Family

  • Lease Considered: No
  • Lot Size Area: 35443.0000 Square Feet
  • Number Of Units In Community: 41
  • Number Of Units Total: 41

Tax Info

  • Tax Census Tract: 4821.01
  • Tax Lot: 1
  • Tax Tract Number: 52505
  • TaxOtherAnnualAssessmentAmount: 257.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2013
Closed on
Aug 28, 2013
Sold by
Henderson Lionel and Chung Sophy J
Bought by
Zhang Li
Seller's Agent
May Lau
Pinnacle Real Estate Group
Buyer's Agent
Sue Osothprarop
All California Brokerage Inc
List Price
$285,000
Sold Price
$270,000
Premium/Discount to List
-$15,000
-5.26%
Current Estimated Value
$457,975

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$187,975
Avg. Annual Appreciation
4.50%

Purchase Details

Closed on
Sep 2, 2000
Sold by
Tung Fa America Investment Llc
Bought by
Chung Sophy J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
8.13%
Source: Public Records

Range of Values:

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Average Value
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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
Zhang Li $270,000 Title365 Company
Chung Sophy J $182,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chung Sophy J $135,000
Previous Owner Chung Sophy J $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/08/2022 06/08/22 Sold $402,000 0.0% $507 / Sq Ft
06/02/2022 06/02/22 Off Market $402,000 -- --
06/01/2022 06/01/22 For Sale $420,000 +4.5% $530 / Sq Ft
05/24/2022 05/24/22 Off Market $402,000 -- --
05/24/2022 05/24/22 Pending -- -- --
04/04/2022 04/04/22 For Sale $420,000 +4.5% $530 / Sq Ft
03/30/2022 03/30/22 Off Market $402,000 -- --
03/09/2022 03/09/22 For Sale $420,000 +55.6% $530 / Sq Ft
09/20/2013 09/20/13 Sold $270,000 -5.3% $340 / Sq Ft
08/08/2013 08/08/13 Pending -- -- --
05/15/2013 05/15/13 For Sale $285,000 -- $359 / Sq Ft
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 $5,564 $426,604 $250,869 $175,735
2024 $5,564 $418,240 $245,950 $172,290
2023 $5,450 $410,040 $241,128 $168,912
2022 $4,001 $311,885 $165,762 $146,123
2021 $3,951 $305,770 $162,512 $143,258
2019 $3,808 $296,703 $157,693 $139,010
2018 $3,827 $290,886 $154,601 $136,285
2016 $3,548 $279,593 $148,599 $130,994
2015 $3,491 $275,394 $146,367 $129,027
2014 $3,444 $270,000 $143,500 $126,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22045981

California Regional Multiple Listing Service (CRMLS)

APN: 5261-005-092