NOT LISTED FOR SALE

2318 Montrose Ave Unit 4 Montrose, CA 91020

Sparr Heights Neighborhood

Estimated Value: $1,029,000 - $1,230,000

3 Beds
3 Baths
2,071 Sq Ft
$532/Sq Ft Est. Value

Last Sold February 02, 2022

Last sale price $960,000 $464 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $6,984/month

Highlights

  • High Ceiling
  • Granite Countertops
  • Bathtub
  • John C. Fremont Elementary School Rated A-
  • 2 Car Attached Garage
  • Breakfast Bar

About This Home

As of February 2022

2061 SF of bright, open living space. Attached private garage. Tasteful upgrades. Central Montrose location. This is a great package for those looking for a townhome or condo in the 91020/91214. 10 ft + high ceilings. The first floor consists of a large living room, large formal dining room, kitchen/family room in the back, and powder room. Folding doors can separate the formal areas from the kitchen/family room in back. Upstairs are two sizable junior bedrooms, full bath, laundry closet, and spacious master suite with walk-in closet and bathroom. Downstairs is the attached garage with 12 ft ceilings and room for storage. Proximity to Montrose amenities. Award-winning, Blue Ribbon La Crescenta schools. Fremont Elementary, Rosemont, CVHS.

Last Agent to Sell the Property

Susie Lee

Best Realty & Investment, Inc. License #01421907 Listed on: 12/10/2021

Last Buyer's Agent

Byoung Tak

Dream Realty La Crescenta License #02004177

Dream Realty La Crescenta

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $11,238

Year Built

  • Built in 1993

Lot Details

  • 8,501 Sq Ft Lot
  • Two or More Common Walls

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 2,071 Sq Ft Home
  • High Ceiling
  • Living Room with Fireplace

Kitchen

  • Breakfast Bar
  • Built-In Range
  • Kitchen Island
  • Granite Countertops

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry on upper level

Additional Features

  • Accessible Parking
  • Central Heating and Cooling System

Community Details

  • Master Insurance
  • 5 Units
  • 2318 Montrose Association, Phone Number (818) 281-2110

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 50782
  • Assessor Parcel Number 5807006083
  • $307 per year additional tax assessments

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$11,238

Year Built

Built in 1993

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: LCR3YY
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 5807006083
  • Year Built: 1993
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2071.00 Square Feet
  • Interior Amenities: Granite Counters, High Ceilings
  • Common Walls: 2+ Common Walls
  • Accessibility Features: Parking
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 463.54
  • Room Type: All Bedrooms Up
  • Bathroom Features: Bathtub
  • Room Kitchen Features: Granite Counters, Kitchen Island

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

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

Utilities

  • Utilities: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range
  • Heating Type: Central
  • Laundry Features: Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Trash, Water
  • Association Fee: 250.00
  • Association Fee Frequency: Monthly
  • Association Name: 2318 Montrose Association
  • Phone: 8182812110
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: 2318 Montrose Association

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • 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: 5

Tax Info

  • Tax Census Tract: 3005.02
  • Tax Lot: 1
  • Tax Tract Number: 50782
  • TaxOtherAnnualAssessmentAmount: 307.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 10, 2021
Closed on
Jan 26, 2022
Sold by
Hea Pak Sung
Bought by
Lim Woo Yeol
Seller's Agent
Susie Lee
Best Realty & Investment, Inc.
Buyer's Agent
Byoung Tak
Dream Realty La Crescenta
List Price
$899,000
Sold Price
$960,000
Premium/Discount to List
$61,000
6.79%
Current Estimated Value
$1,101,938

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$141,938
Avg. Annual Appreciation
3.76%
Original Mortgage
$816,000
Outstanding Balance
$753,122
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$348,816

Purchase Details

Listed on
Dec 10, 2021
Closed on
Jan 20, 2022
Sold by
Yeol Lim Woo
Bought by
Moon Steve S and Moon Min A
Seller's Agent
Susie Lee
Best Realty & Investment, Inc.
Buyer's Agent
Byoung Tak
Dream Realty La Crescenta
List Price
$899,000
Sold Price
$960,000
Premium/Discount to List
$61,000
6.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$816,000
Outstanding Balance
$753,122
Interest Rate
3.22%
Mortgage Type
New Conventional
Estimated Equity
$348,816

Purchase Details

Closed on
Mar 8, 2016
Sold by
Kim Christine and Kim Yeon Su
Bought by
Lim Woo Yeol

Purchase Details

Closed on
Apr 19, 2014
Sold by
Bae Pyung H and Choi Ki Yun
Bought by
Lim Woo Yeol

Purchase Details

Closed on
Mar 31, 2014
Sold by
Kim Ran S and Ahn Song Hyun
Bought by
Lim Woo Yeol

Purchase Details

Closed on
Aug 19, 2013
Sold by
Kim Christine
Bought by
Bae Pyung H and Choi Ki Yun

Purchase Details

Closed on
Nov 9, 2012
Sold by
Kim Christine
Bought by
Rhee Pil Seung and Jeon Hyon Sook

Purchase Details

Closed on
May 31, 2011
Sold by
Lim Woo Yeol
Bought by
Kim Ran S and Ahn Song Hyun

Purchase Details

Closed on
Jul 14, 2003
Sold by
Lim Woo Yeol
Bought by
Lim Woo Yeol

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,700
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 24, 2001
Sold by
Lim Charlie and Lim Kun Ja
Bought by
Lim Woo Yeol

Purchase Details

Closed on
Jul 29, 1998
Sold by
Brown Priscila
Bought by
Lim Charlie and Lim Kun Ja

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,700
Interest Rate
6.91%

Purchase Details

Closed on
Aug 8, 1995
Sold by
Chen Spencer
Bought by
Chen Priscila

Purchase Details

Closed on
Dec 18, 1993
Sold by
Azarian Henrik and Azarian Isabella
Bought by
Chen Spencer

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,750
Interest Rate
7.09%
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
Lim Woo Yeol -- North American Title
Moon Steve S $960,000 North American Title
Lim Woo Yeol -- None Available
Lim Woo Yeol -- None Available
Lim Woo Yeol -- Lawyers Title
Lim Woo Yeol -- Lawyers Title
Lim Woo Yeol -- Lawyers Title
Bae Pyung H -- None Available
Rhee Pil Seung -- None Available
Kim Ran S -- None Available
Lim Woo Yeol -- --
Lim Woo Yeol -- Benefit Land Title Company
Lim Charlie $233,909 --
Chen Priscila -- --
Chen Spencer $225,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Moon Steve S $816,000
Previous Owner Lim Woo Yeol $287,700
Previous Owner Lim Charlie $218,700
Previous Owner Chen Spencer $168,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/02/2022 02/02/22 Sold $960,000 +6.8% $464 / Sq Ft
12/10/2021 12/10/21 For Sale $899,000 -- $434 / 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 $11,238 $1,018,757 $646,062 $372,695
2024 $11,238 $998,783 $633,395 $365,388
2023 $10,983 $979,200 $620,976 $358,224
2022 $5,873 $511,246 $249,473 $261,773
2021 $5,765 $501,223 $244,582 $256,641
2019 $5,547 $486,359 $237,329 $249,030
2018 $5,451 $476,824 $232,676 $244,148
2016 $5,098 $449,945 $219,513 $230,432
2015 $4,987 $443,187 $216,216 $226,971
2014 $4,947 $434,506 $211,981 $222,525
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2022

    Susie Lee

    Best Realty & Investment, Inc.

    (818) 366-3200

    1 in this area

    34 Total Sales

    Susie Lee
    Section Image

  • B

    Buyer's Agent in 2022

    Byoung Tak

    Dream Realty La Crescenta

    (213) 393-1131

    1 in this area

    12 Total Sales

    Byoung Tak
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21257705

California Regional Multiple Listing Service (CRMLS)

APN: 5807-006-083

California Los Angeles County Montrose 91020 Sparr Heights

2318 Montrose Ave Unit 4, Montrose, CA

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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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