NOT LISTED FOR SALE

121 N Mcpherrin Ave Unit 106 Monterey Park, CA 91754

Estimated Value: $515,762 - $637,000

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

Last Sold April 12, 2012

Last sale price $245,000 $262 Per Sq Ft

Est. 136% increase in value since last sale

Current estimated payment $3,662/month

240 Days on Market

Highlights

  • Fitness Center
  • Active Adult
  • Central Heating and Cooling System

About This Home

As of April 2012

NEWER SENIOR CONDO SITUATED IN ONE OF THE MOST DESIRABLE AND CONVENIENT LOCATIONS in Monterey Park. Within walking distance to Langley Senior Center, the POST OFFICE, STORES, BUS STOP, PARK, RESTAURANTS, HOSPITAL AND SENIOR CENTER. The property is on the 1st floor with an open floor plan, newer kitchen connected to the dinning and living room, MASTER SUITE with walk in closet, CENTRAL AIR and Heat, LAMINATED HARDWOOD floor, HIGH CEILING, LARGE enclosed patio AND YARD with laundry hook up, EMERGENCY SYSTEM and BURGLAR ALARM INSIDE... and gym with Ping Pong Table and best of all huge ball room dance area about 10,000 sq. ft with a large kitchen for residential to host party or event. MUST SEE TO APPRECIATE. HOA INCLUDES CABLE TV SERVICE, Water, Trash, & Gardener! Trust Sale - No one passed away in the property, seller lived in nursing home. Similar property in complex sold for between $350,000-$375,000. Priced to sell! Motivated seller Huge Price reduction on 1/19/2012. (You don't have to be 62 or over to buy anyone can buy as long as one of the resident live there is 62 yrs or older)

Last Agent to Sell the Property

John Man

ManRealty.com License #01388408 Listed on: 07/13/2011

Last Buyer's Agent

John Man

ManRealty.com License #01388408 Listed on: 07/13/2011

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,110

Year Built

  • Built in 1999

Lot Details

  • 871

HOA Fees

  • $250 Monthly HOA Fees

Home Design

  • 935 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 52479
  • Assessor Parcel Number 5256013076

Community Details

Overview

  • Active Adult
  • 5 Units
  • Cal Best Realty Corporation Association, Phone Number (626) 570-4488

Recreation

  • Fitness Center

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,110

Year Built

Built in 1999

Lot Details

0

HOA Fees

$250 per month

Listing Details

  • Assessments: Yes
  • Other Phone Description: Jonathan's Cell
  • Other Phone Number: 626-378-3316
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5256013076
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 935.00
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 262.03
  • Room Type: Master Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: No

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Cable TV, Dues Paid Monthly, Gym/Ex Room, Trash, Water
  • Association Fee: 250.00
  • Association Fee Frequency: Monthly
  • Association Name: Cal Best Realty Corporation
  • Phone: 626-570-4488
  • Senior Community: Yes
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Size Sq Ft: 984.00
  • Lot Size Acres: 0.0200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 984.0000 Square Feet
  • Number Of Units In Community: 5
  • Number Of Units Total: 5

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 52479

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 13, 2011
Closed on
Apr 5, 2012
Sold by
Banh Ellen
Bought by
Banh Dan
Seller's Agent
John Man
ManRealty.com
Buyer's Agent
John Man
ManRealty.com
List Price
$259,000
Sold Price
$245,000
Premium/Discount to List
-$14,000
-5.41%
Current Estimated Value
$578,691

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,691
Avg. Annual Appreciation
6.58%
Original Mortgage
$183,750
Outstanding Balance
$126,163
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$452,528

Purchase Details

Listed on
Jul 13, 2011
Closed on
Mar 19, 2012
Sold by
Ong Alice Liping and Lisa K Ong Revocable Living Tr
Bought by
Banh Dan
Seller's Agent
John Man
ManRealty.com
Buyer's Agent
John Man
ManRealty.com
List Price
$259,000
Sold Price
$245,000
Premium/Discount to List
-$14,000
-5.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,750
Outstanding Balance
$126,163
Interest Rate
3.86%
Mortgage Type
New Conventional
Estimated Equity
$452,528

Purchase Details

Closed on
Jul 29, 2008
Sold by
Ong Lisa and Ong Lisa K
Bought by
Ong Lisa K and Lisa K Ong Revocable Living Trust

Purchase Details

Closed on
Jan 4, 2008
Sold by
Busch John R and Busch Wendy L
Bought by
Ong Lisa

Purchase Details

Closed on
Aug 2, 2000
Sold by
Jw Investment Group Llc
Bought by
Busch John R
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
Banh Dan -- Pacific Coast Title
Banh Dan $245,000 Pacific Coast Title
Ong Lisa K -- None Available
Ong Lisa $373,000 First Southwestern Title Com
Busch John R $186,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Banh Dan $183,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2012 04/12/12 Sold $245,000 -5.4% $262 / Sq Ft
03/08/2012 03/08/12 For Sale $259,000 +5.7% $277 / Sq Ft
03/01/2012 03/01/12 Off Market $245,000 -- --
01/19/2012 01/19/12 Price Changed $259,000 -0.4% $277 / Sq Ft
10/04/2011 10/04/11 Price Changed $260,000 -9.7% $278 / Sq Ft
09/07/2011 09/07/11 Price Changed $288,000 -2.4% $308 / Sq Ft
07/13/2011 07/13/11 For Sale $295,000 -- $316 / 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 $4,110 $307,722 $139,417 $168,305
2024 $4,110 $301,689 $136,684 $165,005
2023 $4,026 $295,774 $134,004 $161,770
2022 $3,837 $289,976 $131,377 $158,599
2021 $3,789 $284,291 $128,801 $155,490
2019 $3,655 $275,861 $124,982 $150,879
2018 $3,669 $270,453 $122,532 $147,921
2016 $3,404 $259,953 $117,775 $142,178
2015 $3,351 $256,049 $116,006 $140,043
2014 $3,308 $251,034 $113,734 $137,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: A11090146

California Regional Multiple Listing Service (CRMLS)

APN: 5256-013-076