NOT LISTED FOR SALE

198 N Alhambra Ave Monterey Park, CA 91755

Estimated Value: $1,188,942 - $1,296,000

4 Beds
2.5 Baths
2,802 Sq Ft
9,588 Sq Ft Lot

Last Sold March 15, 2019

Last sale price $760,000 $271 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $7,366/month

161 Days on Market

Highlights

  • Primary Bedroom Suite
  • Updated Kitchen
  • Loft
  • Monterey Vista Elementary School Rated A-
  • Modern Architecture
  • Quartz Countertops

About This Home

As of March 2019

Gated remodeled front unit in one of two units on a lot. 4 bedrooms upstairs with large open loft with wet bar and full bath. Downstairs bonus room with separate entry thru side gate next to 2 car garage. Double entry door. Bright and open living room with half bath. New kitchen cabinet, counters, gas stove, hood, stainless steel sink. Large master bedroom with mirrored closet. Master bathroom with new tile shower, toilet, and sink next to walk-in closet. Small private porch area off kitchen. Central A/C. No HOA fee pay only $425 common area annual insurance shared with rear unit. Conveniently located near shopping, dining.

Last Agent to Sell the Property

David Yi

Akita Realty License #01123776 Listed on: 08/26/2018

Last Buyer's Agent

Sandy Ng

High Ten Partners, Inc. License #00861387

High Ten Partners, Inc.

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $11,387

Year Built

  • Built in 1999

Lot Details

  • No Common Walls
  • West Facing Home
  • Wrought Iron Fence
  • Block Wall Fence
  • Front Yard

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Side Facing Garage
  • Two Garage Doors
  • Driveway Up Slope From Street
  • Controlled Entrance

Home Design

  • Modern Architecture
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Interior Block Wall
  • Tile Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 2,802 Sq Ft Home
  • 2-Story Property
  • Double Door Entry
  • Living Room
  • Loft

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Gas Cooktop
  • Dishwasher
  • Quartz Countertops
  • Self-Closing Drawers

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Bathtub with Shower
  • Walk-in Shower
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Washer Hookup

Outdoor Features

  • Patio
  • Rear Porch

Utilities

  • Central Heating and Cooling System
  • Standard Electricity
  • Natural Gas Connected
  • Sewer Paid

Additional Features

  • Two Homes on a Lot
  • Urban Location

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 4817
  • Assessor Parcel Number 5258001139

Property Details

Home Type

Condominium

Est. Annual Taxes

$11,387

Year Built

Built in 1999

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: MPR3YY
  • Architectural Style: Modern
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5258001139
  • Year Built: 1999
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2802.00 Square Feet
  • Interior Amenities: Block Walls
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Double Door Entry
  • Eating Area: Area
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 271.23
  • Room Type: Living Room, Loft, Master Bathroom, Master Bedroom, Master Suite
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Closet In Bathroom
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen, Self-Closing Drawers

Exterior Features

  • Patio: Yes
  • Direction Faces: West
  • Foundation: Slab
  • Other Structures: Two On A Lot
  • Fence: Yes
  • Fencing: Block, Wrought Iron
  • Patio And Porch Features: Rear Porch, Slab
  • Pool Private: No
  • Roof: Tile
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Controlled Entrance, Driveway, Concrete, Driveway Up Slope From Street, Garage Faces Side, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Gas Cooktop
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Inside, Washer Hookup
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Urban

Schools

  • School District: Alhambra

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lot 6500-9999
  • Lot Size Sq Ft: 9589.00
  • Lot Size Acres: 0.2201

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9589.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4817.12
  • Tax Lot: 1
  • Tax Tract Number: 4817

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 26, 2018
Closed on
Feb 5, 2019
Sold by
Zhuang Ning and Zhang Yanning
Bought by
Mai Vincent and Fong Jennifer
Seller's Agent
David Yi
Akita Realty
Buyer's Agent
Sandy Ng
High Ten Partners, Inc.
List Price
$830,000
Sold Price
$760,000
Premium/Discount to List
-$70,000
-8.43%
Current Estimated Value
$1,172,154

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$412,154
Avg. Annual Appreciation
7.91%
Original Mortgage
$456,000
Outstanding Balance
$401,712
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$836,274

Purchase Details

Closed on
Dec 28, 2011
Sold by
Zhuang Ning and Zhang Yanning
Bought by
Zhuang Ning and Zhang Yanning

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 29, 2010
Sold by
Quach Kevin
Bought by
Zhuang Ning and Zhang Yanning

Purchase Details

Closed on
Apr 24, 2002
Sold by
Tu Men Hui and Tu Kiet Hui
Bought by
Quach Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
7.13%

Purchase Details

Closed on
Aug 31, 1999
Sold by
Trinh Lanh Tich and Tran Yen
Bought by
Tu Men Hui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,200
Interest Rate
7.66%
Source: Public Records

Range of Values:

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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
Mai Vincent $760,000 Old Republic Title Company
Zhuang Ning -- Advantage Title Inc
Zhuang Ning -- Lawyers Title
Quach Kevin $355,000 Fidelity National Title Co
Tu Men Hui $294,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mai Vincent $456,000
Previous Owner Zhuang Ning $353,800
Previous Owner Zhuang Ning $348,000
Previous Owner Quach Kevin $150,000
Previous Owner Quach Kevin $367,500
Previous Owner Quach Kevin $60,000
Previous Owner Quach Kevin $284,000
Previous Owner Tu Men Hui $235,200
Closed Quach Kevin $53,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/15/2019 03/15/19 Sold $760,000 -1.9% $271 / Sq Ft
01/28/2019 01/28/19 Price Changed $775,000 -0.5% $277 / Sq Ft
01/07/2019 01/07/19 Price Changed $779,000 -0.6% $278 / Sq Ft
12/15/2018 12/15/18 Price Changed $784,000 -0.6% $280 / Sq Ft
12/07/2018 12/07/18 Price Changed $789,000 -0.6% $282 / Sq Ft
12/01/2018 12/01/18 Price Changed $794,000 -0.6% $283 / Sq Ft
11/08/2018 11/08/18 Price Changed $799,000 -3.7% $285 / Sq Ft
08/26/2018 08/26/18 For Sale $830,000 -- $296 / 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 $11,387 $847,790 $513,136 $334,654
2024 $11,387 $831,168 $503,075 $328,093
2023 $11,007 $814,871 $493,211 $321,660
2022 $10,504 $798,894 $483,541 $315,353
2021 $10,449 $783,230 $474,060 $309,170
2019 $10,016 $749,967 $482,368 $267,599
2018 $9,947 $735,262 $472,910 $262,352
2016 $9,122 $706,713 $454,548 $252,165
2015 $8,944 $696,099 $447,721 $248,378
2014 $8,819 $682,464 $438,951 $243,513
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18208678

California Regional Multiple Listing Service (CRMLS)

APN: 5258-001-139