NOT LISTED FOR SALE

171 E Graves Ave Monterey Park, CA 91755

Estimated Value: $1,052,000 - $1,295,000

4 Beds
3 Baths
2,417 Sq Ft
$500/Sq Ft Est. Value

Last Sold March 25, 2016

Last sale price $750,000 $310 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $7,390/month

59 Days on Market

Highlights

  • Filtered Pool
  • No HOA
  • 1 Car Direct Access Garage
  • Ynez Elementary School Rated A-
  • Beamed Ceilings
  • Laundry Room

About This Home

As of March 2016

Great investment opportunity legal duplex with panoramic views of San Gabriel Valley and Mountains. Freshly painted, new carpet and tile flooring in kitchen and bathrooms. Air conditioned, Large 4 bedrooms,3 full bathrooms owners unit. Vaulted tongue and groove ceilings through out. Den features a fireplace, sliding glass door that opens to viewing deck overlooking the sparkling pool. Pool has just been re-plastered, new filter, skimmer, light, drain, and coping. Direct access to one car garage. Lower unit is a large remodeled 1 bedroom, 1 bath with a nice kitchen that is open to the living room. Long driveway with carport for extra off street parking. There is also a separate dressing room adjacent to the pool with a shower toilet and a sink. Plus a storage/work room. Great neighborhood walking distance to Repetto Elementary School. This is a must see, motivated seller bought another and needs a quick sale. Lucky for you! Bring all offers! The lower unit is currently rented to a family member at a lower rent they are only paying $800.00 per month.

Last Agent to Sell the Property

Chris & Debbie Maronto

Realty OC Inc License #01376857 Listed on: 11/17/2015

Last Buyer's Agent

Debbie Maronto

Pacific PlatinumPropertiesInc License #01376857

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 10,352 Sq Ft Lot
  • 1 Common Wall
  • Rectangular Lot

Parking

  • 1 Car Direct Access Garage
  • 2 Attached Carport Spaces
  • Parking Available
  • Front Facing Garage
  • Driveway

Home Design

  • Property Attached
  • Block Foundation
  • Tar and Gravel Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,417 Sq Ft Home
  • Beamed Ceilings
  • Den with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Filtered Pool
  • Exterior Lighting

Utilities

  • Central Air

Listing and Financial Details

  • Tax Lot 11
  • Assessor Parcel Number 5257018012

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Property Type: Residential Income
  • Parcel Number: 5257018012
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Beamed Ceilings
  • Common Walls: 1 Common Wall
  • Fireplace Features: Den
  • Levels: Two
  • Price Per Square Foot: 310.30

Exterior Features

  • Foundation: Block
  • Pool Features: Filtered, Private
  • Pool Private: Yes
  • Roof: Tar/Gravel
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Attached Carport, Driveway, Garage Faces Front, Direct Garage Access, Garage
  • Total Parking Spaces: 6.00

Utilities

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

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Rectangular Lot, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10352.00
  • Price Per Lot Square Foot: 72.45
  • Lot Size Acres: 0.2380

Multi Family

  • Lot Size Area: 10352.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 11
  • Tax Tract Number: Ros

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 17, 2015
Closed on
Mar 19, 2016
Sold by
Lancey Carol A
Bought by
Zhou Alan J and Guan Wan Ling
Seller's Agent
Chris & Debbie Maronto
Realty OC Inc
Buyer's Agent
Chris & Debbie Maronto
Realty OC Inc
List Price
$768,000
Sold Price
$750,000
Premium/Discount to List
-$18,000
-2.34%
Current Estimated Value
$1,209,622

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$459,622
Avg. Annual Appreciation
4.97%
Original Mortgage
$600,000
Outstanding Balance
$474,897
Interest Rate
3.65%
Mortgage Type
New Conventional
Estimated Equity
$734,725
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zhou Alan J $750,000 Title 365
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhou Alan J $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2016 03/25/16 Sold $750,000 -2.3% $310 / Sq Ft
01/15/2016 01/15/16 Pending -- -- --
11/17/2015 11/17/15 For Sale $768,000 -- $318 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,647 $887,842 $651,086 $236,756
2024 $11,647 $870,434 $638,320 $232,114
2023 $11,414 $853,367 $625,804 $227,563
2022 $10,876 $836,635 $613,534 $223,101
2021 $10,745 $820,231 $601,504 $218,727
2019 $10,365 $795,905 $583,664 $212,241
2018 $10,346 $780,300 $572,220 $208,080
2016 $4,635 $342,467 $213,180 $129,287
2015 $4,564 $337,323 $209,978 $127,345
2014 $4,513 $330,716 $205,865 $124,851
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15247916

California Regional Multiple Listing Service (CRMLS)

APN: 5257-018-012