NOT LISTED FOR SALE

343 S New Ave Unit A Monterey Park, CA 91755

Estimated Value: $783,241 - $838,000

3 Beds
3 Baths
1,712 Sq Ft
$470/Sq Ft Est. Value

Last Sold November 18, 2020

Last sale price $637,000 $372 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $5,398/month

18 Days on Market

Highlights

  • End Unit
  • Granite Countertops
  • 2 Car Attached Garage
  • Monterey Vista Elementary School Rated A-
  • Balcony
  • Patio

About This Home

As of November 2020

Spacious North Facing End Unit Two Story Townhouse is Located at Monterey Park Prime Area. Open Floor Plan Features 3 Bedrooms and 3 Bathrooms. Bright and Spacious Living Room Offers Wood Floor and Multiple Windows. Formal Dining Room Connects to the Living Room with Sliding Doors to a Private Back Yard. Updated Kitchen Features Plenty Cabinets, Granite Countertops, and Back Splash. The laundry Area is Conveniently Located Next to Kitchen. The downstairs Bathroom has Shower Stall. Master Suite Features His and Her Closets with a Private Bathroom. Two Over-Size Bedrooms Share One Hallway Bathroom with Updated Shower Stall; One Large Bedroom has Balcony. Attached 2 Car Oversized Garage has Sectional Garage Door with Direct Access. A large Enclosed Backyard is Perfect for Entertaining and Relaxing. Wood Flooring Throughout. Central AC and Heater. HOA Dues: $280/Month Includes Water, Trash, Common Area Maintenance and Fire Insurance. Convenient Location Close to great Blue Ribbon Schools, Supermarkets, Restaurants, and Shops. Easy Access to Freeway 60 and 10.

Last Agent to Sell the Property

Julia Zhao

Re/Max Elite Realty License #01411270 Listed on: 09/17/2020

Re/Max Elite Realty

Last Buyer's Agent

KENNY LAU

GRANDMARK REALTY INC. License #01926045

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $9,187

Year Built

  • Built in 1976

Lot Details

  • End Unit
  • 1 Common Wall

HOA Fees

  • $285 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Garage Door Opener

Home Design

  • Tile Roof

Interior Spaces

  • 1,712 Sq Ft Home
  • Gas Fireplace
  • Living Room
  • Dining Room
  • Granite Countertops

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Balcony
  • Patio

Utilities

  • Central Heating and Cooling System

Community Details

  • 16 Units
  • Moller Property Management Association, Phone Number (626) 444-9964

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 24885
  • Assessor Parcel Number 5259020042

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$9,187

Year Built

Built in 1976

Lot Details

0

HOA Fees

$285 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Zoning: MPR3*
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 5259020042
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1712.00 Square Feet
  • Interior Amenities: Balcony, Granite Counters
  • Common Walls: 1 Common Wall, End Unit
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Gas
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 372.08
  • Room Type: All Bedrooms Up, Kitchen, Living Room, Master Bedroom

Exterior Features

  • Patio: Yes
  • Pool Private: No
  • Roof: Tile
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Trash, Water
  • Association Fee: 285.00
  • Association Fee Frequency: Monthly
  • Association Name: Moller Property Management
  • Phone: 626-444-9964
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Moller Property Management

Schools

  • School District: Alhambra

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 16
  • Number Of Units Total: 16

Tax Info

  • Tax Lot: 14
  • Tax Tract Number: 24885

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 17, 2020
Closed on
Oct 28, 2020
Sold by
Xu Lianbin and Zhang Limei
Bought by
Lam Hou Wa and Huang Minli
Seller's Agent
Julia Zhao
Re/Max Elite Realty
Buyer's Agent
KENNY LAU
GRANDMARK REALTY INC.
List Price
$598,000
Sold Price
$637,000
Premium/Discount to List
$39,000
6.52%
Current Estimated Value
$804,060

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$167,060
Avg. Annual Appreciation
5.23%
Original Mortgage
$468,750
Outstanding Balance
$418,071
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$395,691

Purchase Details

Closed on
Aug 28, 2007
Sold by
Hsia Tsu Ming and Hsia Chi Liang
Bought by
Xu Lianbin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$344,000
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage
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
Lam Hou Wa $637,000 Old Republic Title Company
Xu Lianbin $430,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Hou Wa $468,750
Previous Owner Xu Lianbin $230,000
Previous Owner Xu Lianbin $344,000
Previous Owner Hsia Tsu Ming $90,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2020 11/18/20 Sold $637,000 0.0% $372 / Sq Ft
10/05/2020 10/05/20 Pending -- -- --
09/29/2020 09/29/20 Price Changed $637,000 +6.5% $372 / Sq Ft
09/17/2020 09/17/20 For Sale $598,000 -- $349 / 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 $9,187 $689,507 $494,346 $195,161
2024 $9,187 $675,988 $484,653 $191,335
2023 $8,876 $662,734 $475,150 $187,584
2022 $8,467 $649,740 $465,834 $183,906
2021 $8,516 $637,000 $456,700 $180,300
2020 $6,853 $516,440 $341,331 $175,109
2019 $6,684 $506,315 $334,639 $171,676
2018 $6,671 $496,388 $328,078 $168,310
2016 $5,989 $466,000 $363,000 $103,000
2015 $5,723 $447,000 $348,000 $99,000
2014 $5,753 $447,000 $348,000 $99,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR20194845

California Regional Multiple Listing Service (CRMLS)

APN: 5259-020-042