NOT LISTED FOR SALE

229 S Ynez Ave Unit G Monterey Park, CA 91754

Estimated Value: $666,900 - $754,000

3 Beds
2.5 Baths
1,186 Sq Ft
$585/Sq Ft Est. Value

Last Sold February 16, 2024

Last sale price $680,000 $573 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $4,304/month

8 Days on Market

Highlights

  • 0.54 Acre Lot
  • Balcony
  • Bathtub
  • Ynez Elementary School Rated A-
  • 2 Car Attached Garage
  • Walk-In Closet

About This Home

As of February 2024

Introducing an exquisite townhouse nestled in the highly coveted heart of Monterey Park, boasting a super prime location that puts shopping, dining, entertainment, and recreation at your fingertips – all within minutes. This immaculate end unit is bathed in natural light, featuring 3 bedrooms and 2.5 baths with an open floorplan that exudes a light and airy ambiance. Move-in ready, this residence offers a dining room conveniently adjacent to the kitchen, ensuring seamless daily living.The two-story layout enhances the living experience, with the second floor showcasing a stunning master suite complete with a walk-in closet and a balcony that offers a private retreat. The attached 2-car garage, laundry facilities, central AC/Heat, and the added bonus of low HOA make this property an exceptional find.Noteworthy is the HOA, covering insurance, water, trash, and common area maintenance – providing you with the ultimate convenience and peace of mind. Seize this unique opportunity to own a property in such a prime location in Monterey Park – a rare chance that comes once in a lifetime. Act now to make this dream home yours!

Last Agent to Sell the Property

John Wu

TREELANE REALTY GRP, INC. License #01345320 Listed on: 01/05/2024

Last Buyer's Agent

JACK JIANG

Pinnacle Real Estate Group License #01388004

Pinnacle Real Estate Group

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $5,927

Year Built

  • Built in 1984

Lot Details

  • 0.54

HOA Fees

  • $180 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway Level

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,186 Sq Ft Home
  • 2-Story Property
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • All Upper Level Bedrooms
  • Walk-In Closet
  • Bathtub

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Additional Features

  • Balcony
  • 1 Common Wall
  • Central Heating and Cooling System

Community Details

  • Front Yard Maintenance
  • 12 Units

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 37225
  • Assessor Parcel Number 5257005057

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$5,927

Year Built

Built in 1984

Lot Details

0

HOA Fees

$180 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Dishwasher, refrigerator
  • Property Attached: Yes
  • View: No
  • Zoning: MPR3*
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 5257005057
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1186.00 Square Feet
  • Interior Amenities: Balcony
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 573.36
  • Room Type: All Bedrooms Up, Walk-In Closet
  • Bathroom Features: Bathtub

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway Level, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Trash, Water, Maintenance Front Yard
  • Association Fee: 180.00
  • Association Fee Frequency: Monthly
  • Association Name: on file
  • Phone: on file
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: on file

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 23695.00
  • Lot Size Acres: 0.5440

Multi Family

  • Lease Considered: No
  • Lot Size Area: 23695.0000 Square Feet
  • Number Of Units In Community: 12
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4821.01
  • Tax Lot: 1
  • Tax Tract Number: 37225

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2024
Closed on
Jan 18, 2024
Sold by
Li Liang and Li Kwang-Jung
Bought by
Chi Hewei and Qi Yuanyuan
Seller's Agent
John Wu
TREELANE REALTY GRP, INC.
Buyer's Agent
JACK JIANG
Pinnacle Real Estate Group
List Price
$658,000
Sold Price
$680,000
Premium/Discount to List
$22,000
3.34%
Views
30
Current Estimated Value
$693,475

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$13,475
Avg. Annual Appreciation
1.16%
Original Mortgage
$390,000
Outstanding Balance
$383,526
Interest Rate
7.5%
Mortgage Type
New Conventional
Estimated Equity
$309,949
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
Chi Hewei $680,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chi Hewei $390,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/16/2024 02/16/24 Sold $680,000 +3.3% $573 / Sq Ft
01/19/2024 01/19/24 For Sale $658,000 -3.2% $555 / Sq Ft
01/14/2024 01/14/24 Pending -- -- --
01/12/2024 01/12/24 Off Market $680,000 -- --
01/05/2024 01/05/24 For Sale $658,000 -- $555 / 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 $5,927 $693,600 $173,400 $520,200
2024 $5,927 $448,998 $250,232 $198,766
2023 $5,805 $440,195 $245,326 $194,869
2022 $2,744 $204,172 $22,049 $182,123
2021 $2,704 $200,169 $21,617 $178,552
2019 $2,609 $194,234 $20,977 $173,257
2018 $2,591 $190,426 $20,566 $169,860
2016 $2,405 $183,033 $19,768 $163,265
2015 $2,367 $180,285 $19,472 $160,813
2014 $2,338 $176,754 $19,091 $157,663
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS24001027

California Regional Multiple Listing Service (CRMLS)

APN: 5257-005-057