NOT LISTED FOR SALE

118 Everett Ave Monterey Park, CA 91755

Estimated Value: $948,724 - $1,053,000

2 Beds
2 Baths
1,100 Sq Ft
$926/Sq Ft Est. Value

Last Sold June 03, 2020

Last sale price $736,000 $669 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $6,315/month

6 Days on Market

Highlights

  • Primary Bedroom Suite
  • No HOA
  • Breakfast Area or Nook
  • Repetto Elementary School Rated A
  • Neighborhood Views
  • Laundry Room

About This Home

As of June 2020

Conveniently located in Monterey Park with Alhambra Schools, this Charming Spanish Home sits on a 6,671 sq. ft. lot. This property has so much potential with a large living room, dining room, kitchen with breakfast nook, 2 bedrooms, 2 bathrooms, a long driveway, and a detached garage. With wood floors throughout and tile in the kitchen and bathrooms, each room has plenty of newer dual-pane windows allowing lots of natural light into the home. The backyard has a storage shed for additional storage, and the garage is oversized with enough space to fit 4 cars with laundry hookups inside. You will love the convenience of being located within blocks of highly rated schools, grocery stores, great restaurants, banks, town centers, parks, city hall, and Monterey Park civic center. Don’t miss out on this great opportunity!

Last Agent to Sell the Property

Garrett Chan

Compass License #01959579 Listed on: 05/06/2020

Compass

Last Buyer's Agent

Jing Fan

Pinnacle Real Estate Group License #02091169

Pinnacle Real Estate Group

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1925

Lot Details

  • 6,671 Sq Ft Lot
  • West Facing Home
  • Rectangular Lot
  • Property is zoned MPR1*

Parking

  • 4 Car Garage
  • 4 Open Parking Spaces
  • Parking Available

Home Design

  • Raised Foundation

Interior Spaces

  • 1,100 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Neighborhood Views
  • Breakfast Area or Nook

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Location

  • Suburban Location

Utilities

  • Central Heating
  • Natural Gas Connected
  • Water Heater

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 38
  • Tax Tract Number 8417
  • Assessor Parcel Number 5259010006

Home Details

Home Type

Single Family

Year Built

Built in 1925

Lot Details

0

Parking

4

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: Yes
  • Zoning: MPR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5259010006
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1100.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 669.09
  • Room Type: Kitchen, Master Suite

Exterior Features

  • Direction Faces: West
  • Foundation: Raised
  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Garage, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Rectangular Lot
  • Lot Size Sq Ft: 6671.00
  • Lot Size Acres: 0.1531

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6671.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4822.01
  • Tax Lot: 38
  • Tax Tract Number: 8417

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 6, 2020
Closed on
May 27, 2020
Sold by
Chen Eugenia Ma
Bought by
Chen David T
Seller's Agent
Garrett Chan
Compass
Buyer's Agent
Jing Fan
Pinnacle Real Estate Group
List Price
$699,000
Sold Price
$736,000
Premium/Discount to List
$37,000
5.29%
Current Estimated Value
$1,018,181

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$282,181
Avg. Annual Appreciation
5.96%
Original Mortgage
$560,000
Outstanding Balance
$495,150
Interest Rate
3.3%
Mortgage Type
Commercial
Estimated Equity
$523,031

Purchase Details

Listed on
May 6, 2020
Closed on
May 19, 2020
Sold by
Ma Linder Helen and Chen David T
Bought by
Tao Peipei and Chen Xueli
Seller's Agent
Garrett Chan
Compass
Buyer's Agent
Jing Fan
Pinnacle Real Estate Group
List Price
$699,000
Sold Price
$736,000
Premium/Discount to List
$37,000
5.29%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Outstanding Balance
$495,150
Interest Rate
3.3%
Mortgage Type
Commercial
Estimated Equity
$523,031

Purchase Details

Closed on
Dec 6, 2019
Sold by
Chen Eugenia Ma
Bought by
Chen David T

Purchase Details

Closed on
Aug 26, 2019
Sold by
Ma Lindner Helen
Bought by
Ma Lindner Helen and Chen Eugenia Ma

Purchase Details

Closed on
Aug 31, 1999
Sold by
Xiu Lan Yin
Bought by
Ma Martin

Purchase Details

Closed on
May 18, 1994
Sold by
Ma Martin
Bought by
Ma Martin

Purchase Details

Closed on
Jan 31, 1994
Sold by
Ma Martin
Bought by
Ma Martin
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chen David T -- Chicago Title Company
Tao Peipei $736,000 Chicago Title Company
Ma Lindner Helen -- Chicago Title Company
Yu Nancy Yun Ping -- Chicago Title Company
Chen David T -- Chicago Title Company
Chen David T -- None Available
Ma Lindner Helen -- None Available
Ma Martin -- --
Ma Martin -- --
Ma Martin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tao Peipei $560,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/03/2020 06/03/20 Sold $736,000 +5.3% $669 / Sq Ft
05/12/2020 05/12/20 Pending -- -- --
05/06/2020 05/06/20 For Sale $699,000 -- $635 / 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 $11,891 $891,210 $601,503 $289,707
2024 $11,495 $873,736 $589,709 $284,027
2023 $10,176 $773,664 $578,147 $195,517
2022 $9,690 $758,495 $566,811 $191,684
2021 $9,581 $743,624 $555,698 $187,926
2020 $7,660 $585,745 $447,372 $138,373
2019 $3,569 $259,752 $147,516 $112,236
2018 $3,456 $254,660 $144,624 $110,036
2016 $3,206 $244,773 $139,009 $105,764
2015 $2,853 $213,593 $136,921 $76,672
2014 $2,788 $209,410 $134,239 $75,171
Source: Public Records

Agents Affiliated with this Home

  • Garrett Chan

    Seller's Agent in 2020

    Garrett Chan

    Compass

    (626) 456-0056

    4 in this area

    88 Total Sales

    Garrett Chan
    Section Image

  • J

    Buyer's Agent in 2020

    Jing Fan

    Pinnacle Real Estate Group

    (213) 215-6509

    38 in this area

    129 Total Sales

    Jing Fan
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR20085605

California Regional Multiple Listing Service (CRMLS)

APN: 5259-010-006

California Los Angeles County Monterey Park 91755

118 Everett Ave, Monterey Park, CA

Not Listed for Sale

Detached

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