NOT LISTED FOR SALE

224 S Mcpherrin Ave Unit 2 Monterey Park, CA 91754

Estimated Value: $717,054 - $758,000

3 Beds
3 Baths
1,342 Sq Ft
$544/Sq Ft Est. Value

Last Sold November 27, 2020

Last sale price $540,000 $402 Per Sq Ft

Est. 35% increase in value since last sale

Current estimated payment $4,652/month

Highlights

  • 0.84 Acre Lot
  • 2 Car Attached Garage
  • Laundry Room
  • Ynez Elementary School Rated A-
  • Park
  • 4-minute walk to Barnes Park

About This Home

As of November 2020

LOCATION, LOCATION, LOCATION! Walk to 99 Ranch market, restaurants, civic center, library, school, transportations, shops, and a well planned park with multiple recreational facilities. Updated kitchen & bathrooms, recessed lighting, laminate flooring throughout, spacious master bedroom with a large closet, attached garage with access to the living room, and has a nice layout. If you are looking for a convenient lifestyle, come and see it for yourself!

Last Agent to Sell the Property

jen wong

Berkshire Hathaway HomeServices California Properties License #01704494 Listed on: 07/11/2020

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Bruce Jin

Bruce Jin, Broker License #01311217

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $7,500

Year Built

  • Built in 1979

Lot Details

  • 0.84

HOA Fees

  • $170 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,342 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Exterior Lighting
  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 35863
  • Assessor Parcel Number 5257010030

Community Details

Overview

  • 10 Units
  • Mcpherrin Estates HOA, Phone Number (818) 809-8871
  • Mcpherrin Estates HOA

Recreation

  • Park

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$7,500

Year Built

Built in 1979

Lot Details

0

HOA Fees

$170 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Zoning: MPR3*
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 5257010030
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1342.00 Square Feet
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 402.38
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • 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: Water
  • Association Fee: 170.00
  • Association Fee Frequency: Monthly
  • Association Name: McPherrin Estates HOA
  • Phone: 8188098871
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Park, Street Lights
  • Association Management: McPherrin Estates

Schools

  • School District: Alhambra

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 36466.00
  • Lot Size Acres: 0.8371
  • Latitude Manual: 34.06048400

Multi Family

  • Lease Considered: Yes
  • Lot Size Area: 36466.0000 Square Feet
  • Number Of Units In Community: 10
  • Number Of Units Total: 8

Tax Info

  • Tax Census Tract: 4822.01
  • Tax Lot: 1
  • Tax Tract Number: 35863

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 11, 2020
Closed on
Nov 18, 2020
Sold by
Fu Minghui
Bought by
Zhang Junwei
Seller's Agent
jen wong
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Bruce Jin
Bruce Jin, Broker
List Price
$540,000
Sold Price
$540,000
Current Estimated Value
$729,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$189,764
Avg. Annual Appreciation
6.35%
Original Mortgage
$351,000
Outstanding Balance
$323,395
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$406,369

Purchase Details

Closed on
Jul 31, 2020
Sold by
Kong Shyang Kye
Bought by
Zhang Junwei
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
Zhang Junwei -- Fidelity National Title
Zhang Junwei $540,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhang Junwei $351,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/27/2020 11/27/20 Sold $540,000 0.0% $402 / Sq Ft
11/16/2020 11/16/20 For Sale $540,000 0.0% $402 / Sq Ft
07/11/2020 07/11/20 For Sale $540,000 -- $402 / 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 $7,500 $584,510 $349,300 $235,210
2024 $7,500 $573,050 $342,451 $230,599
2023 $7,346 $561,815 $335,737 $226,078
2022 $6,994 $550,800 $329,154 $221,646
2021 $6,996 $540,000 $322,700 $217,300
2020 $2,777 $198,031 $28,443 $169,588
2019 $2,698 $194,149 $27,886 $166,263
2018 $2,687 $190,343 $27,340 $163,003
2016 $2,496 $182,953 $26,279 $156,674
2015 $2,457 $180,206 $25,885 $154,321
2014 $2,429 $176,677 $25,378 $151,299
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR20136332

California Regional Multiple Listing Service (CRMLS)

APN: 5257-010-030