NOT LISTED FOR SALE

208 N Lincoln Ave Unit 206 Monterey Park, CA 91755

Estimated Value: $481,000 - $585,000

2 Beds
2 Baths
941 Sq Ft
$240/mo HOA Fee

Last Sold April 27, 2023

Last sale price $478,000 $508 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $3,688/month

21 Days on Market

Highlights

  • Senior Community
  • 0.79 Acre Lot
  • Balcony
  • Two Primary Bedrooms
  • Community Pool
  • Eat-In Kitchen

About This Home

As of April 2023

Very well maintained Senior Condo located in prime location of Monterey Park. Very Convenient location. Walking distance to Garvey Avenue, supermarkets, hospitals, restaurants, banks, pharmacy and bus stops. One of the largest units. Built in the year of 2005. 2nd floor unit. Spacious 941 sq ft of living area with 2 bedroom and 2 Bathroom. Convenient individual laundry room inside the unit. Small balcony. Easy access to the complex facilities, that include: elevator, gated community, fountain garden, club house, library & much more. HOA fees of $240 (covers water, trash and maintenance).

Last Agent to Sell the Property

Alvin Xu

AXBP BUSINESS CORP. License #01909856 Listed on: 03/07/2023

Last Buyer's Agent

Joanne Chang

RED DRAGON REALTY CORP. License #01942457

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,454

Year Built

  • Built in 2005

Lot Details

  • 0.79

HOA Fees

  • $240 Monthly HOA Fees

Parking

  • 1 Car Garage

Interior Spaces

  • 941 Sq Ft Home
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Gas Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Double Master Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Schools

  • Mark Keppel High School

Additional Features

  • Balcony
  • Two or More Common Walls
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 53910
  • Assessor Parcel Number 5255017118

Community Details

Overview

  • Senior Community
  • 30 Units
  • Pro/Service Management Association, Phone Number (626) 642-1717

Recreation

  • Community Playground
  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,454

Year Built

Built in 2005

Lot Details

0

HOA Fees

$240 per month

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Zoning: MPR3YY
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5255017118
  • Year Built: 2005
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 941.00 Square Feet
  • Interior Amenities: Balcony
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: Dining Room, In Kitchen
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 507.97
  • Room Type: Two Masters

Exterior Features

  • Pool Features: Community
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Central
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Playground
  • Association Fee: 240.00
  • Association Fee Frequency: Monthly
  • Association Name: Pro/Service Management
  • Phone: 626 642 1717
  • Senior Community: Yes
  • Common Interest: Condominium
  • Community Features: Urban
  • Association Management: Pro/Service Management

Schools

  • School District: Alhambra
  • High School: Mark Keppel
  • High School: Mark Keppel
  • High School2: MARKEP

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 34607.00
  • Lot Size Acres: 0.7945

Multi Family

  • Lease Considered: No
  • Lot Size Area: 34607.0000 Square Feet
  • Number Of Units In Community: 30
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4817.11
  • Tax Lot: 1
  • Tax Tract Number: 53910

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 7, 2023
Closed on
Apr 13, 2023
Sold by
Zhang Grace
Bought by
Yuen Kam Kit and Kong Siu Hing
Seller's Agent
Alvin Xu
AXBP BUSINESS CORP.
Buyer's Agent
Joanne Chang
RED DRAGON REALTY CORP.
List Price
$488,000
Sold Price
$478,000
Premium/Discount to List
-$10,000
-2.05%
Views
93
Current Estimated Value
$534,107

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$56,107
Avg. Annual Appreciation
8.02%
Original Mortgage
$334,600
Outstanding Balance
$325,991
Interest Rate
6.6%
Mortgage Type
Construction
Estimated Equity
$246,111

Purchase Details

Closed on
Apr 21, 2011
Sold by
Hwang Daniel and Pao Aileen Mei Hui
Bought by
Zhang Luer

Purchase Details

Closed on
May 29, 2008
Sold by
Shen Guang Wei and Kwang Ying Sum To Family Trust
Bought by
Hwang Daniel

Purchase Details

Closed on
May 17, 2008
Sold by
Chao I Min
Bought by
Pao Aileen Mei Hui

Purchase Details

Closed on
Jun 27, 2007
Sold by
To Kwang Ying Sum
Bought by
To Kwang Ying Sum and Kwang Ying Sum To Family Trust
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
Yuen Kam Kit $478,000 Fidelity National Title
Zhang Luer $348,500 Advantage Title Inc
Hwang Daniel $366,000 United General Title Ins Co
Pao Aileen Mei Hui -- United General Title Ins Co
Hwang Daniel -- United General Title Ins
To Kwang Ying Sum -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yuen Kam Kit $334,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2023 04/27/23 Sold $478,000 -2.0% $508 / Sq Ft
03/28/2023 03/28/23 Pending -- -- --
03/07/2023 03/07/23 For Sale $488,000 -- $519 / 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 $6,454 $497,311 $156,060 $341,251
2024 $6,454 $487,560 $153,000 $334,560
2023 $5,616 $429,142 $123,137 $306,005
2022 $5,347 $420,728 $120,723 $300,005
2021 $5,282 $412,479 $118,356 $294,123
2019 $5,090 $400,247 $114,847 $285,400
2018 $5,121 $392,400 $112,596 $279,804
2016 $4,738 $377,165 $108,225 $268,940
2015 $4,655 $371,501 $106,600 $264,901
2014 $4,597 $364,224 $104,512 $259,712
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS23038268

California Regional Multiple Listing Service (CRMLS)

APN: 5255-017-118