NOT LISTED FOR SALE

Royal View Terrace 1301 S Atlantic Blvd Unit 411 Monterey Park, CA 91754

Estimated Value: $541,373 - $618,000

2 Beds
2 Baths
1,233 Sq Ft
$290/mo HOA Fee

Last Sold December 29, 2020

Last sale price $410,000 $333 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $3,897/month

29 Days on Market

Highlights

  • Golf Course Community
  • Fishing
  • Gated Community
  • In Ground Pool
  • Automatic Gate
  • Updated Kitchen

About This Home

As of December 2020

Located in a gated community, this spacious 2-bedroom, 2-bathroom condo is located in the highly desired Monterey Park. Situated on the top (4th) floor with easy elevator access for convenience and includes a large private balcony with access from the living room and kitchen. Washer and dryer hookups located inside the unit and are included. The kitchen has beautiful quartz countertops and updated cabinets with plenty of cabinet space. Master suite has 2 large closets, ample space in the bathroom, dual sinks and a vanity. This unit includes 2 assigned parking spaces in an underground parking garage. Nighttime security guard. Located near dining, shopping, grocery and easy access to 60, 10 and 710 freeways. Don’t miss out on your opportunity to call this home!

Last Agent to Sell the Property

Mark Peckham

OMEGA REAL ESTATE License #01935166 Listed on: 10/19/2020

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,819

Year Built

  • Built in 1968

Lot Details

  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

HOA Fees

  • $290 Monthly HOA Fees

Parking

  • 2 Car Garage
  • 2 Carport Spaces
  • Parking Available
  • Automatic Gate
  • Assigned Parking

Interior Spaces

  • 1,233 Sq Ft Home
  • Living Room
  • Dining Room
  • Pool Views
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Electric Oven
  • Electric Range
  • Granite Countertops

Flooring

  • Carpet
  • Laminate
  • Stone

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Formica Counters In Bathroom
  • Bathtub

Home Security

Accessible Home Design

  • Accessible Parking

Pool

  • In Ground Pool
  • Fence Around Pool

Outdoor Features

  • Patio
  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters

Utilities

  • Central Air
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 6364
  • Tax Tract Number 29363
  • Assessor Parcel Number 5253009123

Community Details

Overview

  • 120 Units
  • Royal Terrace Homeowners, Home Owners Association, Phone Number (323) 440-2306
  • Foothills

Recreation

  • Golf Course Community
  • Community Pool
  • Fishing
  • Park
  • Dog Park
  • Hiking Trails
  • Bike Trail

Security

  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,819

Year Built

Built in 1968

Lot Details

0

HOA Fees

$290 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Refrigerator, Washer & Dryer
  • Property Attached: Yes
  • Road Surface Type: Maintained
  • Security: Automatic Gate, Gated Community, Smoke Detector(s)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5253009123
  • Year Built: 1968
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1233.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Stone
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 332.52
  • Room Type: Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom
  • Bathroom Features: Bathtub, Formica Counters
  • Room Kitchen Features: Granite Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Other Structures: Storage
  • View: Pool
  • Patio And Porch Features: Patio
  • Pool Features: Association, Community, Fenced, In Ground
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Garage, Gated
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Laundry: Yes
  • Appliances: Electric Oven, Electric Range
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool
  • Association Fee: 290.00
  • Association Fee Frequency: Monthly
  • Association Name: Royal Terrace Homeowners, Home Owners Association
  • Phone: 323-440-2306
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Curbs, Dog Park, Fishing, Foothills, Golf, Hiking, Gutters, Park, Sidewalks, Storm Drains, Street Lights
  • Association Management: Royal Terrace Homeowners, Home Owners Association

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 148022.00
  • Lot Size Acres: 3.3981

Multi Family

  • Lease Considered: No
  • Lot Size Area: 148022.0000 Square Feet
  • Number Of Units In Community: 120
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 6364
  • Tax Tract Number: 29363

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2020
Closed on
Nov 17, 2020
Sold by
Vanvu Joseph Duong and Vu Huyen Tran
Bought by
Wong Lester Lok Kan
Seller's Agent
Mark Peckham
OMEGA REAL ESTATE
List Price
$399,999
Sold Price
$410,000
Premium/Discount to List
$10,001
2.5%
Current Estimated Value
$570,093

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$160,093
Avg. Annual Appreciation
7.40%
Original Mortgage
$287,000
Outstanding Balance
$256,552
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$313,541

Purchase Details

Closed on
Jun 17, 2005
Sold by
Xu Ye and Chen Li
Bought by
Vu Joseph Duong Van and Vu Huyen Tran Thi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,600
Interest Rate
5.58%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 29, 2005
Sold by
Chang Edlinn
Bought by
Xu Ye and Chen Li

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,600
Interest Rate
5.58%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 3, 2002
Sold by
Gladys Ellen L and Yeats Trust
Bought by
Chang Edlinn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,200
Interest Rate
6.74%
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
Wong Lester Lok Kan $410,000 First American Title
Vu Joseph Duong Van $318,000 Fidelity National Title Co
Xu Ye $276,000 Fidelity National Title Co
Chang Edlinn $146,000 First Southwestern Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Lester Lok Kan $287,000
Previous Owner Vu Joseph Duong Van $181,000
Previous Owner Vu Joseph Duong Van $222,600
Previous Owner Xu Ye $220,800
Previous Owner Chang Edlinn $102,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/29/2020 12/29/20 Sold $410,000 +2.5% $333 / Sq Ft
11/17/2020 11/17/20 Pending -- -- --
10/19/2020 10/19/20 For Sale $399,999 -- $324 / 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 $5,819 $443,795 $300,157 $143,638
2024 $5,819 $435,094 $294,272 $140,822
2023 $5,833 $426,563 $288,502 $138,061
2022 $5,633 $418,200 $282,846 $135,354
2021 $5,440 $410,000 $277,300 $132,700
2020 $5,292 $397,350 $147,444 $249,906
2019 $5,125 $389,559 $144,553 $245,006
2018 $5,260 $381,921 $141,719 $240,202
2016 $4,434 $321,000 $119,000 $202,000
2015 $4,210 $321,000 $119,000 $202,000
2014 $3,925 $295,400 $109,600 $185,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20220900

California Regional Multiple Listing Service (CRMLS)

APN: 5253-009-123