NOT LISTED FOR SALE

240 W Markland Dr Monterey Park, CA 91754

Estimated Value: $1,147,000 - $1,287,207

4 Beds
3 Baths
2,648 Sq Ft
$460/Sq Ft Est. Value

Last Sold March 30, 2021

Last sale price $930,000 $351 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $7,727/month

99 Days on Market

Highlights

  • No Units Above
  • Main Floor Bedroom
  • No HOA
  • City Lights View
  • Bonus Room
  • 2 Car Attached Garage

About This Home

As of March 2021

This home is located at 240 W Markland Dr, Monterey Park, CA 91754 since 21 October 2020 and is currently estimated at $1,218,802, approximately $460 per square foot. This property was built in 1977. 240 W Markland Dr is a home located in Los Angeles County with nearby schools including Bella Vista Elementary School, Macy Intermediate School, and Schurr High School.

Last Agent to Sell the Property

Catherine Zheng

Lantastic Group, Inc. License #01885640 Listed on: 10/21/2020

Last Buyer's Agent

Kenneth Ryu

Coldwell Banker Realty License #02046013

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,027

Year Built

  • Built in 1977

Lot Details

  • 5,673 Sq Ft Lot
  • Two or More Common Walls
  • Back Yard
  • Property is zoned MPR1*

Parking

  • 2 Car Attached Garage

Property Views

  • City Lights
  • Canyon
  • Hills

Interior Spaces

  • 2,648 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Living Room with Fireplace
  • Bonus Room
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 11 / 8
  • Tax Tract Number 9902
  • Assessor Parcel Number 5273019011

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,027

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: MPR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5273019011
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2648.00 Square Feet
  • Stories: 2
  • Common Walls: 2+ Common Walls, No One Above
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 351.21
  • Room Type: Bonus Room, Family Room, Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • View: Canyon, City Lights, Hills
  • 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: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Montebello Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 5673.00
  • Lot Size Acres: 0.1302

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5673.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 8
  • Tax Census Tract: 4827.01
  • Tax Lot: 11
  • Tax Tract Number: 9902

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2020
Closed on
Mar 7, 2021
Sold by
Wang Yu
Bought by
Lim Chin Ting and Lim Sharon Kwee
Seller's Agent
Catherine Zheng
Lantastic Group, Inc.
Buyer's Agent
Kenneth Ryu
Coldwell Banker Realty
List Price
$980,000
Sold Price
$930,000
Premium/Discount to List
-$50,000
-5.1%
Current Estimated Value
$1,218,802

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,802
Avg. Annual Appreciation
5.47%
Original Mortgage
$651,000
Outstanding Balance
$609,266
Interest Rate
5.5%
Mortgage Type
New Conventional
Estimated Equity
$565,464

Purchase Details

Listed on
Aug 22, 2017
Closed on
Oct 3, 2017
Sold by
Tu Chien Min
Bought by
Wang Yu
Seller's Agent
David Chu
RE/MAX PREMIER/SANMARINO
Buyer's Agent
David Chu
RE/MAX PREMIER/SANMARINO
List Price
$768,000
Sold Price
$768,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.72%
Original Mortgage
$614,400
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 22, 2017
Closed on
Sep 14, 2017
Sold by
Lu Xiao
Bought by
Wang Yu
Seller's Agent
David Chu
RE/MAX PREMIER/SANMARINO
Buyer's Agent
David Chu
RE/MAX PREMIER/SANMARINO
List Price
$768,000
Sold Price
$768,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$614,400
Interest Rate
3.78%
Mortgage Type
New Conventional
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 Chin Ting $930,000 Wfg Title Company Of Ca
Wang Yu $768,000 Fidelity Sherman Oaks
Wang Yu -- Fidelity Sherman Oaks
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Lim Chin Ting $0
Open Lim Chin Ting $651,000
Previous Owner Wang Yu $614,400
Previous Owner Tu Chien Min $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/30/2021 03/30/21 Sold $930,000 -5.1% $351 / Sq Ft
03/15/2021 03/15/21 For Sale $980,000 0.0% $370 / Sq Ft
01/28/2021 01/28/21 Pending -- -- --
10/21/2020 10/21/20 For Sale $980,000 +27.6% $370 / Sq Ft
10/20/2017 10/20/17 Sold $768,000 0.0% $290 / Sq Ft
08/22/2017 08/22/17 For Sale $768,000 -- $290 / 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 $13,027 $1,006,658 $652,380 $354,278
2024 $13,027 $986,921 $639,589 $347,332
2023 $13,065 $967,571 $627,049 $340,522
2022 $12,617 $948,600 $614,754 $333,846
2021 $10,571 $807,303 $498,468 $308,835
2020 $10,489 $799,026 $493,357 $305,669
2019 $10,157 $783,360 $483,684 $299,676
2018 $10,375 $768,000 $474,200 $293,800
2016 $3,458 $248,884 $86,454 $162,430
2015 $3,252 $245,147 $85,156 $159,991
2014 $3,213 $240,345 $83,488 $156,857
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2021

    Catherine Zheng

    Lantastic Group, Inc.

    Section Image

  • K

    Buyer's Agent in 2021

    Kenneth Ryu

    Coldwell Banker Realty

    Section Image
  • David Chu

    Seller's Agent in 2017

    David Chu

    RE/MAX

    (626) 755-6517

    22 in this area

    44 Total Sales

    David Chu
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR20222922

California Regional Multiple Listing Service (CRMLS)

APN: 5273-019-011

California Los Angeles County Monterey Park 91754

240 W Markland Dr, Monterey Park, CA

This home is located at 240 W Markland Dr, Monterey Park, CA 91754 since 21 October 2020 and is currently estimated at $1,218,802, approximately $460 per square foot. This property was built in 1977. 240 W Markland Dr is a home located in Los Angeles County with nearby schools including Bella Vista Elementary School, Macy Intermediate School, and Schurr High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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