NOT LISTED FOR SALE

225 N Alhambra Ave Unit 2 Monterey Park, CA 91755

Estimated Value: $1,027,726 - $1,322,000

4 Beds
2.5 Baths
1,770 Sq Ft
$100/mo HOA Fee

Last Sold June 02, 2014

Last sale price $645,000 $364 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $6,855/month

90 Days on Market

Highlights

  • Spa
  • 0.36 Acre Lot
  • Neighborhood Views
  • Repetto Elementary School Rated A-
  • Traditional Architecture
  • Balcony

About This Home

As of June 2014

Location! Location! Location! Beautiful 2-Story spacious PUD is located in the heart of Monterey Park. It is situated in a desirable area convenient to restaurant, supermarket, banks, post office, Garfield Hospital and doctors offices. Easy access to the 10 and 60 freeway. PUD style with No common walls connected with other units. Central air condition, cozy backyard and fire place in living Room. Granite counter top in kitchen with title floor. Nice master bedroom with spa tub & separate shower. Automatic gate. Attached 3 car garage. Low $100 HOA fee.

Last Agent to Sell the Property

Tina Lai

eXp Realty of California Inc License #01855640 Listed on: 01/25/2014

eXp Realty of California Inc

Last Buyer's Agent

Darrell cheng

VasTree Real Estate License #01935330

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,196

Year Built

  • Built in 2007

Lot Details

  • No Common Walls
  • Security Fence

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Automatic Gate

Home Design

  • Traditional Architecture
  • Turnkey
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof

Interior Spaces

  • 1,770 Sq Ft Home
  • Drapes & Rods
  • Sliding Doors
  • Living Room with Fireplace
  • Carpet
  • Neighborhood Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Spa Bath

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Spa
  • Balcony
  • Open Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 4817
  • Assessor Parcel Number 5255019060

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,196

Year Built

Built in 2007

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Automatic Gate
  • View: Yes
  • Well Report: No
  • Architectural Style: Traditional
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5255019060
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1770.00
  • Interior Amenities: Balcony
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 364.41
  • Room Type: All Bedrooms Up
  • Spa Features: Bath
  • Window Features: Drapes

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Security
  • Patio And Porch Features: Patio Open
  • Pool Private: No
  • Roof: Composition
  • Spa: Yes
  • Construction Materials: Drywall Walls

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 100.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights, Storm Drains

Lot Info

  • Lot Size Sq Ft: 15750.00
  • Lot Size Acres: 0.3620

Multi Family

  • Lease Considered: No
  • Lot Size Area: 15750.0000 Square Feet
  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 4817

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 25, 2014
Closed on
May 29, 2014
Sold by
Lai Wu Liang and Lu Yueh Hsueh
Bought by
Hsu Jeffrey C J
Seller's Agent
Tina Lai
eXp Realty of California Inc
Buyer's Agent
Darrell cheng
VasTree Real Estate
List Price
$668,000
Sold Price
$645,000
Premium/Discount to List
-$23,000
-3.44%
Current Estimated Value
$1,121,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$476,432
Avg. Annual Appreciation
4.94%
Original Mortgage
$415,000
Outstanding Balance
$316,014
Interest Rate
4.23%
Mortgage Type
New Conventional
Estimated Equity
$805,418

Purchase Details

Closed on
Jun 2, 2008
Sold by
Monterey Garden Villa Llc
Bought by
Lai Wu Liang and Lu Yueh Hsueh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 13, 2005
Sold by
Lee Wea H and Lee Catherine C
Bought by
Monterey Garden Villa Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,500
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 1, 2005
Sold by
Walnut Terrace Chino Llc
Bought by
Lee Wea H and Lee Catherine C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$552,500
Interest Rate
5.5%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 3, 2005
Sold by
Tam Wing
Bought by
Walnut Terrace Chino Llc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Hsu Jeffrey C J $645,000 Chicago Title Company
Lai Wu Liang -- Chicago Title Company
Monterey Garden Villa Llc -- Accommodation
Lee Wea H $928,000 --
Walnut Terrace Chino Llc -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hsu Jeffrey C J $415,000
Previous Owner Lai Wu Liang $200,000
Previous Owner Lee Wea H $552,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/02/2014 06/02/14 Sold $645,000 -3.4% $364 / Sq Ft
04/02/2014 04/02/14 Pending -- -- --
01/02/2014 01/02/14 For Sale $668,000 -- $377 / 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 $10,196 $790,673 $612,928 $177,745
2024 $10,196 $775,170 $600,910 $174,260
2023 $9,989 $759,972 $589,128 $170,844
2022 $9,512 $745,072 $577,577 $167,495
2021 $9,400 $730,463 $566,252 $164,211
2019 $9,062 $708,799 $549,457 $159,342
2018 $9,087 $694,902 $538,684 $156,218
2016 $8,386 $667,919 $517,767 $150,152
2015 $8,256 $657,887 $509,990 $147,897
2014 $7,080 $558,000 $363,200 $194,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR14000741

California Regional Multiple Listing Service (CRMLS)

APN: 5255-019-060