NOT LISTED FOR SALE

1427 S Marengo Ave Unit C Alhambra, CA 91803

Ethel Park Neighborhood

Estimated Value: $792,000 - $858,000

3 Beds
3 Baths
1,432 Sq Ft
$575/Sq Ft Est. Value

Last Sold October 15, 2019

Last sale price $615,000 $429 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $5,385/month

72 Days on Market

Highlights

  • Primary Bedroom Suite
  • City Lights View
  • Great Room
  • Alhambra High School Rated A
  • 0.53 Acre Lot
  • 2 Car Attached Garage

About This Home

As of October 2019

Contemporary townhouse built 2005. South of Valley Blvd. Convenient location. 2 bedrooms, Den, 2 full bathrooms on second floor. Main floor comprises of l bedroom and 1 full bath. dining area next to a functional kitchen with granite counter tops and stainless steel appliances. Good size Living room and a private patio.Central A/C & Heat. 2 car attached garage with direct access and 1 assigned parking space. Gated underground parking. walk to Marguerita Elementary School (with Mandarin Dual Immersion - Academic Programs) Alhambra High School. Total 10 units in well maintained complex. HOA fee of $195/Month included Fire Insurance coverage of unit, Gardening, Trash, Common area and Security gate maintenance. Property faces East.

Last Agent to Sell the Property

William Tang

William Tang, Broker License #00800205 Listed on: 07/06/2019

Last Buyer's Agent

NoEmail NoEmail

None MRML License #N/A

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $8,173

Year Built

  • Built in 2005

Lot Details

  • 0.53

HOA Fees

  • $195 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,432 Sq Ft Home
  • Entryway
  • Great Room
  • Living Room
  • City Lights Views

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Multi-Level Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Exterior Lighting
  • 1 Common Wall
  • Central Air

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 80516

Community Details

Overview

  • Master Insurance
  • 10 Units
  • Marengo Villa HOA, Phone Number (626) 798-3866
  • David HOA
  • Maintained Community

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$8,173

Year Built

Built in 2005

Lot Details

0

HOA Fees

$195 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1432.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 429.47
  • Room Type: Entry, Great Room, Kitchen, Living Room, Master Suite, Multi-Level Bedroom

Exterior Features

  • View: City Lights
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Maintenance Grounds, Trash, Management
  • Association Fee: 195.00
  • Association Fee Frequency: Monthly
  • Association Name: Marengo Villa HOA
  • Phone: 6267983866
  • Senior Community: No
  • Community Features: Street Lights
  • Association Management: David

Schools

  • School District: Alhambra

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 22924.00
  • Lot Size Acres: 0.5263

Multi Family

  • Lease Considered: No
  • Lot Size Area: 22924.0000 Square Feet
  • Number Of Units In Community: 10
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 80516

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 5, 2020
Sold by
Zhang Quanwei and Zhang Idaho Aca
Bought by
Zhang Quanwei and Zhang Xia
Current Estimated Value
$823,635

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Outstanding Balance
$324,970
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$498,665

Purchase Details

Listed on
Jul 6, 2019
Closed on
Sep 27, 2019
Sold by
Kam Lily
Bought by
Zhang Quanwei and Zhang Xia
Seller's Agent
William Tang
William Tang, Broker
Buyer's Agent
NoEmail NoEmail
None MRML
List Price
$649,000
Sold Price
$615,000
Premium/Discount to List
-$34,000
-5.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.15%
Original Mortgage
$369,000
Interest Rate
3.5%

Purchase Details

Closed on
Jul 16, 2009
Sold by
Kam Lily and Chou Richard
Bought by
Kam Lily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$414,706
Interest Rate
5.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 10, 2006
Sold by
Marengo Villa Investment Llc
Bought by
Kam Lily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
6.25%
Mortgage Type
Fannie Mae Freddie Mac
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 Quanwei -- None Available
Zhang Quanwei $615,000 Stewart Title Co
Kam Lily -- First American Title Co La
Kam Lily $512,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Quanwei $365,000
Closed Zhang Quanwei $369,000
Previous Owner Kam Lily C $352,000
Previous Owner Kam Lily $414,706
Previous Owner Kam Lily $410,000
Previous Owner Kam Lily $51,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/15/2019 10/15/19 Sold $615,000 -3.8% $429 / Sq Ft
09/16/2019 09/16/19 Pending -- -- --
07/19/2019 07/19/19 Price Changed $639,000 -1.5% $446 / Sq Ft
07/06/2019 07/06/19 For Sale $649,000 -- $453 / 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 $8,173 $672,588 $380,149 $292,439
2024 $8,173 $659,401 $372,696 $286,705
2023 $8,071 $646,473 $365,389 $281,084
2022 $7,678 $633,798 $358,225 $275,573
2021 $7,597 $621,371 $351,201 $270,170
2019 $7,316 $609,000 $365,000 $244,000
2018 $6,598 $534,000 $320,000 $214,000
2016 $6,156 $521,000 $312,000 $209,000
2015 $6,149 $521,000 $312,000 $209,000
2014 $6,181 $521,000 $312,000 $209,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS19159808

California Regional Multiple Listing Service (CRMLS)

APN: 5356-006-044