NOT LISTED FOR SALE

1516 Palm Ave Unit A San Gabriel, CA 91776

Central San Gabriel Neighborhood

Estimated Value: $809,000 - $990,000

4 Beds
2.5 Baths
1,494 Sq Ft
$576/Sq Ft Est. Value

Last Sold September 17, 2021

Last sale price $735,000 $492 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,581/month

6 Days on Market

Highlights

  • Furnished
  • 2 Car Attached Garage
  • Patio
  • McKinley Elementary School Rated A-
  • Built-In Features
  • Resident Manager or Management On Site

About This Home

As of September 2021

Stunning two-story 4 bedrooms townhome is located in San Gabriel. Prime location to supermarkets, restaurants, shopping centers, parks, schools. This is the front unit and has its own oversized front yard. You will be enjoying the bright and open living room when entering. The living area has the recessed lighting throughout. The side door next to the dining area will lead you to the side yard. All four bedrooms are upstairs and the master bedroom is located at the end of the hallway, which offers you great privacy. All the bedrooms are in good sizes. The home has central AC & heating and two-car garage with direct access. Homeowner has upgraded the flooring, kitchen, bathrooms, and doors etc. throughout the whole house in the past years and it is Move-In Ready. Very low HOA fee (current at $150/mo) that includes water, trash, fire insurance, and exterior care. Come to see it yourself!

Last Agent to Sell the Property

Minnie Li

Flyhomes License #02053724 Listed on: 08/26/2021

Flyhomes

Last Buyer's Agent

Marie Wong

Flyhomes License #02134254

Flyhomes

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,399

Year Built

  • Built in 1987

Lot Details

  • 0.56

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Interior Spaces

  • 1,494 Sq Ft Home
  • Furnished
  • Built-In Features
  • Recessed Lighting
  • Living Room with Fireplace

Kitchen

  • Gas Range
  • Range Hood
  • Microwave

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Water Heater

Additional Features

  • Accessible Parking
  • 1 Common Wall

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 44786
  • Assessor Parcel Number 5369020030

Community Details

Overview

  • 12 Units
  • Palm Garden V Association, Phone Number (626) 289-8888
  • Ideal Property HOA

Security

  • Resident Manager or Management On Site

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,399

Year Built

Built in 1987

Lot Details

0

HOA Fees

$150 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 5369020030
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1494.00 Square Feet
  • Interior Amenities: Built-in Features, Furnished, Recessed Lighting
  • Common Walls: 1 Common Wall
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 491.97
  • Room Type: All Bedrooms Up

Exterior Features

  • Patio: Yes
  • Pool Private: No
  • Spa: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Microwave, Range Hood, Water Heater
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Call for Rules, Management
  • Association Fee: 150.00
  • Association Fee Frequency: Monthly
  • Association Name: Palm Garden V
  • Phone: 6262898888
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: IDEAL PROPERTY

Schools

  • School District: San Gabriel Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 12
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 44786

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2021
Closed on
Sep 13, 2021
Sold by
Flyhomes Investments Ca Llc
Bought by
Zheng Meirong
Seller's Agent
Minnie Li
Flyhomes
Buyer's Agent
Marie Wong
Flyhomes
List Price
$680,000
Sold Price
$735,000
Premium/Discount to List
$55,000
8.09%
Current Estimated Value
$860,928

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$125,928
Avg. Annual Appreciation
4.00%
Original Mortgage
$294,000
Outstanding Balance
$274,038
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$586,890

Purchase Details

Listed on
Aug 26, 2021
Closed on
Sep 8, 2021
Sold by
Li Yeyi and Li Yichun
Bought by
Flyhomes Investments Ca Llc
Seller's Agent
Minnie Li
Flyhomes
Buyer's Agent
Marie Wong
Flyhomes
List Price
$680,000
Sold Price
$735,000
Premium/Discount to List
$55,000
8.09%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$294,000
Outstanding Balance
$274,038
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$586,890

Purchase Details

Listed on
Sep 6, 2014
Closed on
Nov 17, 2014
Sold by
Yueh Chia Chih
Bought by
Li Yeyi and Li Yichun
Seller's Agent
Sandy Hsu
RE/MAX OLYMPIC
Buyer's Agent
Peter Qian
PACIFIC STERLING REALTY
List Price
$499,888
Sold Price
$450,000
Premium/Discount to List
-$49,888
-9.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.47%

Purchase Details

Closed on
May 11, 2002
Sold by
Ho Eric Norman S
Bought by
Yueh Chia Chih

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.18%

Purchase Details

Closed on
Jan 14, 1998
Sold by
Ho Leonard Y
Bought by
Ho Eric Norman S and Lin Ho Ilene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$152,000
Interest Rate
7.13%
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
Zheng Meirong $735,000 Chicago Title
Flyhomes Investments Ca Llc $735,000 Chicago Title
Li Yeyi $450,000 North American Title
Yueh Chia Chih $243,000 Southland Title Corporation
Ho Eric Norman S $160,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zheng Meirong $294,000
Previous Owner Yueh Chia Chih $120,000
Previous Owner Ho Eric Norman S $152,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/17/2021 09/17/21 Sold $735,000 +8.1% $492 / Sq Ft
08/26/2021 08/26/21 For Sale $680,000 +51.1% $455 / Sq Ft
11/26/2014 11/26/14 Sold $450,000 -4.3% $301 / Sq Ft
11/10/2014 11/10/14 Pending -- -- --
11/01/2014 11/01/14 Price Changed $470,000 -6.0% $315 / Sq Ft
09/06/2014 09/06/14 For Sale $499,888 -- $335 / 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 $10,399 $779,985 $569,867 $210,118
2024 $10,399 $764,693 $558,694 $205,999
2023 $10,215 $749,700 $547,740 $201,960
2022 $9,785 $735,000 $537,000 $198,000
2021 $6,778 $499,639 $319,326 $180,313
2019 $6,479 $484,821 $309,855 $174,966
2018 $6,451 $475,316 $303,780 $171,536
2016 $6,136 $456,861 $291,985 $164,876
2015 $6,050 $450,000 $287,600 $162,400
2014 $4,160 $292,833 $154,249 $138,584
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2021

    Minnie Li

    Flyhomes

    Section Image
  • Marie Wong

    Buyer's Agent in 2021

    Marie Wong

    Flyhomes

    (213) 770-2963

    1 in this area

    69 Total Sales

    Marie Wong
    Section Image

  • S

    Seller's Agent in 2014

    Sandy Hsu

    RE/MAX

    Section Image
  • Peter Qian

    Buyer's Agent in 2014

    Peter Qian

    PACIFIC STERLING REALTY

    141 Total Sales

    Peter Qian
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF21187096

California Regional Multiple Listing Service (CRMLS)

APN: 5369-020-030

California Los Angeles County San Gabriel 91776 Central San Gabriel

1516 Palm Ave Unit A, San Gabriel, CA

This home is located at 1516 Palm Ave Unit A, San Gabriel, CA 91776 since 26 August 2021 and is currently estimated at $860,928, approximately $576 per square foot. This property was built in 1987. 1516 Palm Ave Unit A is a home located in Los Angeles County with nearby schools including McKinley Elementary School, Jefferson Middle School, and Gabrielino High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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