Seller's Agent in 2023
Alex Veloz
Assurant Properties
(626) 872-5391
1 in this area
31 Total Sales
2402 Schoolside Ave Monterey Park, CA 91754
Estimated Value: $920,000 - $1,004,000
4
Beds
2
Baths
2,097
Sq Ft
$462/Sq Ft
Est. Value
About This Home
As of April 2023STANDARD SALE | DUPLEX | 2 UNITS, EACH HAVE 2 BEDROOMS AND 1 BATH UPSTAIRS | THE LIVING ROOM, DINING AREA, AND KITCHEN IS LOCATED DOWNSTAIRS | THE WASHER AND DRYER ARE ALSO LOCATED IN THE KITCHEN | AMPLE BACKYARD WITH A 2 CAR DETACHED GARAGE | THIS PROPERTY IS CENTRALLY LOCATED FROM DOWNTOWN LA, PASADENA, CITADEL OUTLETS, E.L.A. CITY COLLEGE, AND NORTH OF THE 60 FREEWAY AND EAST OF THE 710 FREEWAY | GREAT LOCATION WITH LOTS OF POTENTIAL FOR AN ADDITIONAL DUELING UNIT (A.D.U.).
Last Agent to Sell the Property
Assurant Properties License #01713165 Listed on: 01/05/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1948
Lot Details
- 6,490 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
- 2 Carport Spaces
- Parking Available
- Rear-Facing Garage
- Assigned Parking
Home Design
- 2,097 Sq Ft Home
- Duplex
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Laundry in Kitchen
Additional Features
- Exterior Lighting
- Floor Furnace
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone
- Tax Lot 19
- Tax Tract Number 14691
- Assessor Parcel Number 5251025001
- $558 per year additional tax assessments
Community Details
Overview
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $914
- Trash Expense $1,188
- Water Sewer Expense $2,160
- Operating Expense $4,262
- Gross Income $37,140
- Net Operating Income $32,878
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jan 5, 2023
Closed on
Mar 22, 2023
Sold by
Esther Salcido Living Trust
Bought by
Lin Zonghuang
Seller's Agent
Alex Veloz
Assurant Properties
Buyer's Agent
Vivian Chen
GOLD COAST CAPITAL INVESTMENT
List Price
$889,000
Sold Price
$849,000
Premium/Discount to List
-$40,000
-4.5%
Views
352
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$120,325
Avg. Annual Appreciation
4.96%
Original Mortgage
$590,000
Outstanding Balance
$572,786
Interest Rate
6.73%
Mortgage Type
New Conventional
Estimated Equity
$396,539
Purchase Details
Closed on
Sep 10, 2022
Sold by
Esther Salcido
Bought by
Esther Salcido Living Trust
Purchase Details
Closed on
Oct 11, 2007
Sold by
Insunza Frank and Insunza Family Trust
Bought by
Insunza Frank and Insunza Family Trust
Purchase Details
Closed on
Apr 26, 1994
Sold by
Insunza Dolores
Bought by
Insunza Dolores
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Lin Zonghuang | $849,000 | Ticor Title | |
| Esther Salcido Living Trust | -- | -- | |
| Insunza Frank | -- | None Available | |
| Insunza Dolores | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lin Zonghuang | $590,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/20/2023 04/20/23 | Sold | $849,000 | 0.0% | $405 / Sq Ft |
| 03/24/2023 03/24/23 | Pending | -- | -- | -- |
| 03/13/2023 03/13/23 | Price Changed | $849,000 | -4.5% | $405 / Sq Ft |
| 01/05/2023 01/05/23 | For Sale | $889,000 | -- | $424 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $11,660 | $883,299 | $571,179 | $312,120 |
| 2024 | $11,660 | $865,980 | $559,980 | $306,000 |
| 2023 | $9,201 | $673,301 | $466,369 | $206,932 |
| 2022 | $8,768 | $660,100 | $457,225 | $202,875 |
| 2021 | $8,391 | $625,801 | $433,516 | $192,285 |
| 2020 | $12,011 | $898,620 | $629,340 | $269,280 |
| 2019 | $1,317 | $61,483 | $29,204 | $32,279 |
| 2018 | $1,230 | $60,279 | $28,632 | $31,647 |
| 2016 | $1,208 | $57,940 | $27,521 | $30,419 |
| 2015 | $1,190 | $57,071 | $27,108 | $29,963 |
| 2014 | $1,198 | $55,954 | $26,577 | $29,377 |
Source: Public Records
Agents Affiliated with this Home
-
Alex Veloz
-
Vivian Chen
V
Buyer's Agent in 2023
Vivian Chen
GOLD COAST CAPITAL INVESTMENT
(626) 289-2712
4 in this area
19 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW23002395
APN: 5251-025-001
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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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