NOT LISTED FOR SALE

1116 S Garfield Ave Monterey Park, CA 91754

Estimated Value: $652,000 - $808,000

3 Beds
3 Baths
1,536 Sq Ft
$462/Sq Ft Est. Value

Last Sold May 23, 2014

Last sale price $388,000 $253 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $4,673/month

11 Days on Market

Highlights

  • Granite Countertops
  • 2 Car Attached Garage
  • Laundry Room
  • Repetto Elementary School Rated A-
  • Eat-In Kitchen
  • 5-minute walk to Edison Trails Park

About This Home

As of May 2014

This Great Townhouse features a good floor plan with dining area that opens to a little backyard. The kitchen and bathrooms have been remodeled a few years ago with granite counter top and newer cabinets. The living room is spacious and comes with fire place and laminated floor throughout the condo. All 3 bedrooms are upstairs including a large master suite. With little TLC, this property can offer a great opportunity for a great family. HOA, includes water, trash and fire insurance.

Last Agent to Sell the Property

Nick Nguyen

High Ten Partners, Inc. License #01741042 Listed on: 03/06/2014

High Ten Partners, Inc.

Last Buyer's Agent

Nick Nguyen

High Ten Partners, Inc. License #01741042 Listed on: 03/06/2014

High Ten Partners, Inc.

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,626

Year Built

  • Built in 1981

Lot Details

  • 1,174 Sq Ft Lot
  • 1 Common Wall

HOA Fees

  • $190 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,536 Sq Ft Home
  • Fireplace With Gas Starter
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Forced Air Heating and Cooling System
  • Water Purifier

Listing and Financial Details

  • Tax Lot 147
  • Tax Tract Number 33850
  • Assessor Parcel Number 5264024058

Community Details

Overview

  • Master Insurance
  • 10 Units

Amenities

  • Laundry Facilities

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,626

Year Built

Built in 1981

Lot Details

0

HOA Fees

$190 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Washer, Dryer and Refrigerator
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: No
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 5264024058
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1536.00
  • Interior Amenities: Granite Counters
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Area
  • Fireplace Features: Gas Starter, Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 252.60
  • Room Type: All Bedrooms Up, Master Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooktop, Refrigerator, Water Purifier
  • Heating Type: Forced Air
  • Laundry Features: Common Area, Gas Dryer Hookup
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Trash, Water
  • Association Fee: 190.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Size Sq Ft: 1174.00
  • Lot Size Acres: 0.0270

Multi Family

  • Lease Considered: No
  • Lot Size Area: 1174.0000 Square Feet
  • Number Of Units In Community: 10
  • Number Of Units Total: 10

Tax Info

  • Tax Lot: 147
  • Tax Tract Number: 33850

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 20, 2014
Sold by
Lee Amy
Bought by
Tan Tiancheng and Jiang Ling
Current Estimated Value
$709,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$291,000
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2007
Sold by
Chih Frank Y
Bought by
Lee Amy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,000
Interest Rate
6.23%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 29, 2003
Sold by
Chih Frank
Bought by
Chih Frank Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,500
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 26, 2002
Sold by
Teng Johnny Yun Li
Bought by
Liu Zune Hou and Wang Mary

Purchase Details

Closed on
May 4, 2001
Sold by
Choi Derek
Bought by
Chih Frank and Liao Ai H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$131,000
Interest Rate
7.14%

Purchase Details

Closed on
Oct 25, 2000
Sold by
Teng Johnny Y
Bought by
Teng Johnny Yen Li and Liang Jenny

Purchase Details

Closed on
Nov 19, 1996
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Choi Derek and Lau Tina K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,900
Interest Rate
7.67%

Purchase Details

Closed on
May 2, 1996
Sold by
Tam Fay Fong and Federal Home Loan Mortgage Cor
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

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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
Tan Tiancheng $388,000 Fatcola
Lee Amy $415,000 First American Title Co
Lee Amy -- First American Title Co La
Chih Frank Y -- Landamerica Commonwealth
Liu Zune Hou $285,000 Southland Title
Chih Frank -- Investors Title
Teng Johnny Yen Li -- --
Choi Derek $115,000 First American Title Co
Federal Home Loan Mortgage Corporation $124,000 First Southwestern Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tan Tiancheng $291,000
Previous Owner Lee Amy $332,000
Previous Owner Lee Amy $41,500
Previous Owner Chih Frank Y $127,500
Previous Owner Chih Frank $131,000
Previous Owner Choi Derek $84,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/23/2014 05/23/14 Sold $388,000 -2.8% $253 / Sq Ft
03/06/2014 03/06/14 For Sale $399,000 -- $260 / 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 $8,626 $676,155 $343,227 $332,928
2024 $8,626 $662,898 $336,498 $326,400
2023 $8,449 $649,900 $329,900 $320,000
2022 $5,727 $448,192 $243,850 $204,342
2021 $5,654 $439,405 $239,069 $200,336
2019 $5,450 $426,374 $231,979 $194,395
2018 $5,485 $418,015 $227,431 $190,584
2017 $5,428 $409,820 $222,972 $186,848
2016 $5,067 $401,785 $218,600 $183,185
2015 $4,988 $395,751 $215,317 $180,434
2014 $5,368 $418,000 $264,000 $154,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR14046401

California Regional Multiple Listing Service (CRMLS)

APN: 5264-024-058