NOT LISTED FOR SALE

321 N Nicholson Ave Unit L Monterey Park, CA 91755

Estimated Value: $543,584 - $646,000

2 Beds
1.5 Baths
855 Sq Ft
$240/mo HOA Fee

Last Sold June 01, 2023

Last sale price $538,000 $629 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $4,042/month

4 Days on Market

Highlights

  • 0.78 Acre Lot
  • Property is near a park
  • Enclosed patio or porch
  • Repetto Elementary School Rated A-
  • Courtyard Views
  • Bathtub

About This Home

As of June 2023

READY TO MOVE IN! Welcome to this cute 2 bed 1.5 bath condo in the heart of Monterey Park! This 855 sq ft home has a simple, spacious layout with great usable space. Through the shaded front entry you enter the living room that opens to the courtyard. In the rear of the house, kitchen and dining area with sliding doors to the fully fenced private patio. Going upstairs leads to two spacious bedrooms, each with ample closet space and a shared bath. One room overlooks the quiet courtyard and another the back patio. This home is conveniently walkable to many tasty restaurants like Dim Sum Express, Mama Lu’s, Alice's Kitchen, HiroNori Craft Ramen, and close proximity to Barnes Park, Sierra Vista Park, and Garfield Medical center. This condo includes two assigned parking spaces; one in a shared garage and another full width carport space. This well maintained home has recently been painted and has brand new carpet installed awaiting its new owner.

Last Agent to Sell the Property

Jung Kuan

Coldwell Banker Dynasty T.C. License #02114673 Listed on: 04/13/2023

Coldwell Banker Dynasty T.C.

Co-Listed By

Kelvin Chang

Coldwell Banker Dynasty T.C. License #01492062

Last Buyer's Agent

Shawn Li

Wetrust Realty License #02036571

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,261

Year Built

  • Built in 1973 | Remodeled

Lot Details

  • Two or More Common Walls
  • Vinyl Fence

HOA Fees

  • $240 Monthly HOA Fees

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Parking Available
  • Assigned Parking

Home Design

  • Patio Home
  • Turnkey
  • Slab Foundation
  • Wood Product Walls
  • Fire Rated Drywall
  • Asphalt Roof
  • Clay Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 855 Sq Ft Home
  • 2-Story Property
  • Awning
  • Blinds
  • Sliding Doors
  • Dining Room
  • Courtyard Views
  • Window Bars

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Bathtub
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Accessible Home Design

  • Doors swing in
  • Doors are 32 inches wide or more
  • Low Pile Carpeting
  • Accessible Parking

Outdoor Features

  • Enclosed patio or porch
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a park

Utilities

  • Central Heating and Cooling System
  • Natural Gas Not Available
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 29267
  • Assessor Parcel Number 5255016035

Community Details

Overview

  • Front Yard Maintenance
  • 16 Units
  • HOA Villa Las Palmas Association, Phone Number (626) 458-3435
  • Inveserve HOA

Recreation

  • Park

Security

  • Resident Manager or Management On Site
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,261

Year Built

Built in 1973 | Remodeled

Lot Details

0

HOA Fees

$240 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved, Privately Maintained
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Window Bars
  • View: Yes
  • Zoning: MPR3*
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5255016035
  • Year Built: 1973
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 855.00 Square Feet
  • Interior Amenities: Wood Product Walls
  • Stories: 2
  • Entry Location: Front
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Tile
  • Accessibility Features: 32 Inch Or More Wide Doors, Doors - Swing In, Low Pile Carpeting, Parking
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Dining Room
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 629.24
  • Room Type: All Bedrooms Up, Kitchen
  • Window Features: Blinds
  • Bathroom Features: Bathtub, Exhaust Fan(s)

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Exterior Features: Awning(s), Rain Gutters
  • View: Courtyard
  • Fence: Yes
  • Fencing: Vinyl
  • Patio And Porch Features: Concrete, Enclosed, Patio
  • Pool Private: No
  • Roof: Asphalt, Clay
  • Construction Materials: Concrete, Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Assigned, Carport, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Natural Gas Not Available, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Trash, Water, Management, Maintenance Front Yard
  • Association Fee: 240.00
  • Association Fee Frequency: Monthly
  • Association Name: HOA VILLA LAS PALMAS
  • Phone: (626)458-3435
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Park, Sidewalks, Street Lights
  • Association Management: Inveserve

Schools

  • School District: Alhambra

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby, Patio Home
  • Lot Size Sq Ft: 33888.00
  • Lot Size Acres: 0.7780

Multi Family

  • Lease Considered: No
  • Lot Size Area: 33888.0000 Square Feet
  • Number Of Units In Community: 16
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4817.11
  • Tax Lot: 1
  • Tax Tract Number: 29267

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
May 18, 2023
Sold by
Chan Andy and Chan Christine Fong
Bought by
Liu Xing and Zhang Dong
Seller's Agent
Jung Kuan
Coldwell Banker Dynasty T.C.
Buyer's Agent
Shawn Li
Wetrust Realty
List Price
$518,000
Sold Price
$538,000
Premium/Discount to List
$20,000
3.86%
Views
14
Current Estimated Value
$578,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$40,885
Avg. Annual Appreciation
4.70%
Original Mortgage
$349,700
Outstanding Balance
$340,703
Interest Rate
6.38%
Mortgage Type
New Conventional
Estimated Equity
$253,943

Purchase Details

Closed on
May 30, 2003
Sold by
Fuller Mark D and Fuller Elaine
Bought by
Chan Andy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 3, 2001
Sold by
Chang Elaine E H and Fuller Elaine C
Bought by
Fuller Family Trust

Purchase Details

Closed on
Dec 21, 1994
Sold by
Chang Paul
Bought by
Chang Elaine E H

Purchase Details

Closed on
Sep 14, 1994
Sold by
Chang Elaine E H
Bought by
Chang Elaine E H
Source: Public Records

Range of Values:

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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
Liu Xing $538,000 California Best Title
Chan Andy $185,000 Southland Title
Fuller Family Trust -- --
Chang Elaine E H -- --
Chang Elaine E H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Xing $349,700
Previous Owner Chan Andy $125,500
Previous Owner Chan Andy $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/01/2023 06/01/23 Sold $538,000 +3.9% $629 / Sq Ft
04/13/2023 04/13/23 For Sale $518,000 -- $606 / 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 $7,261 $559,734 $397,744 $161,990
2024 $7,261 $548,760 $389,946 $158,814
2023 $3,423 $252,797 $152,364 $100,433
2022 $3,263 $247,841 $149,377 $98,464
2021 $3,221 $242,983 $146,449 $96,534
2019 $3,106 $235,778 $142,106 $93,672
2018 $3,089 $231,156 $139,320 $91,836
2016 $2,868 $222,182 $133,911 $88,271
2015 $2,822 $218,846 $131,900 $86,946
2014 $2,787 $214,560 $129,317 $85,243
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR23059347

California Regional Multiple Listing Service (CRMLS)

APN: 5255-016-035