NOT LISTED FOR SALE

221 S New Ave Unit B Monterey Park, CA 91755

Estimated Value: $1,115,000 - $1,264,000

4 Beds
3.5 Baths
2,235 Sq Ft
$299/mo HOA Fee

Last Sold January 28, 2022

Last sale price $1,050,000 $470 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $8,057/month

54 Days on Market

Highlights

  • New Construction
  • Primary Bedroom Suite
  • End Unit
  • Monterey Vista Elementary School Rated A-
  • Mountain View
  • Quartz Countertops

About This Home

As of January 2022

Brand new construction ideally situated in the prime location of Monterey Park. Great opportunity to own this luxurious and modern PUD in the Paradise Villa of five homes. This end unit boasts an innovative interior design, open living space with plenty of natural lighting, complementary Ring Doorbell, finest materials throughout, an individual oversized laundry room with a sink for your convenience and an individual private elevator enhancing the luxurious lifestyle. The chef's kitchen is complete with an oversized central island, Quartz countertops, soft-close designer shaker-style cabinets, and stainless steel appliances. It offers 4 bedrooms, each of them with its own custom designed bathroom, including a first floor guest room/in-law suite. The elegant upstairs loft is perfect for your afternoon tea or a personal office. The upstairs master suite has its own sitting area, and the master bathroom was brilliantly designed with dual vanities, a large spa tub, an oversized separate shower and a walk-in closet. The two large balconies are ideal for gatherings and relaxation. There are an additional two large bonus rooms by the garage that adds much value to this gorgeous home. The bonus room is 251 square feet which can be used as a primary theater, gym room, playroom, or a formal conference room. Located within the Mark Keppel High School district, close to multiple tasteful restaurants, Atlantic Square, and transportation. This beautiful and sweet home awaits you to explore!

Last Agent to Sell the Property

Sharon Liu

Re/Max Premier Prop Arcadia License #01720175 Listed on: 11/06/2021

Re/Max Premier Prop Arcadia

Co-Listed By

Anna Wang

Keller Williams Realty License #01405688

Last Buyer's Agent

Ken Huynh

RE/MAX CHAMPIONS License #01731599

RE/MAX CHAMPIONS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $14,749

Year Built

  • Built in 2021 | New Construction

Lot Details

  • No Common Walls
  • End Unit
  • Back Yard

HOA Fees

  • $299 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,235 Sq Ft Home
  • Recessed Lighting
  • Living Room
  • Living Room Balcony
  • Storage
  • Laundry Room
  • Mountain Views
  • Basement

Kitchen

  • Breakfast Area or Nook
  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Quartz Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Utilities

  • Central Air
  • Natural Gas Connected
  • Tankless Water Heater
  • Gas Water Heater

Community Details

  • Front Yard Maintenance
  • 5 Units
  • Paradise Villa Association

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 4822

Property Details

Home Type

Condominium

Est. Annual Taxes

$14,749

Year Built

Built in 2021 | New Construction

Lot Details

0

HOA Fees

$299 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • New Construction: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Year Built: 2021
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 2235.00 Square Feet
  • Interior Amenities: Living Room Balcony, Pantry, Recessed Lighting, Storage
  • Common Walls: End Unit, No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Area, Breakfast Nook
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 469.80
  • Room Type: Basement, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

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

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas & Electric Range, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Tankless Water Heater
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Front Yard
  • Association Fee: 299.00
  • Association Fee Frequency: Monthly
  • Association Name: Paradise Villa
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs

Schools

  • School District: Alhambra

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 8501.00
  • Lot Size Acres: 0.1952

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8501.0000 Square Feet
  • Number Of Units In Community: 5
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 4822

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Huynh Barbara $647,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/28/2022 01/28/22 Sold $1,050,000 -1.7% $470 / Sq Ft
12/06/2021 12/06/21 For Sale $1,068,000 +1.7% $478 / Sq Ft
11/30/2021 11/30/21 Off Market $1,050,000 -- --
11/06/2021 11/06/21 For Sale $1,068,000 -- $478 / 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 $14,749 $1,114,268 $583,664 $530,604
2024 $14,749 $1,092,420 $572,220 $520,200
2023 $14,341 $1,071,000 $561,000 $510,000
2022 $4,848 $366,619 $235,651 $130,968
2021 -- -- -- --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR21235539

California Regional Multiple Listing Service (CRMLS)

APN: 5259-014-054