NOT LISTED FOR SALE

231 E Newmark Ave Monterey Park, CA 91755

Estimated Value: $758,123 - $1,014,000

2 Beds
1 Bath
1,048 Sq Ft
$829/Sq Ft Est. Value

Last Sold March 03, 2015

Last sale price $480,000 $458 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $5,172/month

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Back and Front Yard
  • Repetto Elementary School Rated A
  • Central Air

About This Home

As of March 2015

This home is located at 231 E Newmark Ave, Monterey Park, CA 91755 since 10 January 2015 and is currently estimated at $869,031, approximately $829 per square foot. This property was built in 1939. 231 E Newmark Ave is a home located in Los Angeles County with nearby schools including Repetto Elementary School, Mark Keppel High School, and St. Stephen Martyr School.

Last Agent to Sell the Property

Ben Situ

ALLIANCE REALTY KINGDOM INC. License #01857207 Listed on: 01/10/2015

Last Buyer's Agent

Ben Situ

ALLIANCE REALTY KINGDOM INC. License #01857207 Listed on: 01/10/2015

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1939

Lot Details

  • 4,858 Sq Ft Lot
  • Back and Front Yard

Parking

  • 2 Car Garage

Interior Spaces

  • 1,048 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 1 Full Bathroom

Utilities

  • Central Air
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 41
  • Tax Tract Number 6754
  • Assessor Parcel Number 5257022041

Home Details

Home Type

Single Family

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5257022041
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1048.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 458.02
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 4858.00
  • Lot Size Acres: 0.1120

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4858.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 41
  • Tax Tract Number: 6754

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 10, 2015
Closed on
Jan 20, 2015
Sold by
Dang Wen T
Bought by
Kuang Yongmei
Seller's Agent
Ben Situ
ALLIANCE REALTY KINGDOM INC.
Buyer's Agent
Ben Situ
ALLIANCE REALTY KINGDOM INC.
List Price
$480,000
Sold Price
$480,000
Current Estimated Value
$869,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$389,031
Avg. Annual Appreciation
5.62%
Original Mortgage
$336,000
Outstanding Balance
$270,060
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$598,971

Purchase Details

Closed on
Feb 2, 2007
Sold by
Au Hung
Bought by
Dang Wen T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$392,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 2004
Sold by
Au Hung
Bought by
Au Hung and Bui Dao Tuyet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2003
Sold by
Au Hung
Bought by
Au Hung and Bui Dao Tuyet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
5.83%

Purchase Details

Closed on
Jan 16, 2001
Sold by
Bui Dao Tuyet
Bought by
Au Hung

Purchase Details

Closed on
Dec 28, 1998
Sold by
D H P Investments Inc
Bought by
Bui Dao T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$134,400
Interest Rate
6.73%

Purchase Details

Closed on
Oct 1, 1998
Sold by
Mills Merrill S
Bought by
Dhp Investments Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.42%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Kuang Yongmei $480,000 Title 365
Dang Wen T $490,000 Ticor Title Co Glendale
Au Hung -- First American Title Company
Au Hung -- Stewart Title Of Ca Inc
Au Hung -- --
Bui Dao T $173,000 Stewart Title
Dhp Investments Inc $120,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kuang Yongmei $336,000
Previous Owner Dang Wen T $392,000
Previous Owner Au Hung $280,000
Previous Owner Au Hung $175,000
Previous Owner Bui Dao T $134,400
Previous Owner Dhp Investments Inc $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/03/2015 03/03/15 Sold $480,000 0.0% $458 / Sq Ft
01/10/2015 01/10/15 Pending -- -- --
01/10/2015 01/10/15 For Sale $480,000 -- $458 / 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 $7,584 $576,876 $442,515 $134,361
2024 $7,584 $565,566 $433,839 $131,727
2023 $7,430 $554,478 $425,333 $129,145
2022 $7,080 $543,607 $416,994 $126,613
2021 $6,998 $532,949 $408,818 $124,131
2019 $6,750 $517,144 $396,694 $120,450
2018 $6,723 $507,005 $388,916 $118,089
2016 $6,218 $487,319 $373,815 $113,504
2015 $5,140 $399,000 $319,200 $79,800
2014 $5,166 $399,000 $319,200 $79,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS15034499

California Regional Multiple Listing Service (CRMLS)

APN: 5257-022-041