NOT LISTED FOR SALE

386 Russell Ave Unit 2 Monterey Park, CA 91755

Estimated Value: $808,000 - $918,000

3 Beds
2.5 Baths
1,474 Sq Ft
$165/mo HOA Fee

Last Sold October 17, 2022

Last sale price $772,000 $524 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $5,502/month

14 Days on Market

Highlights

  • Primary Bedroom Suite
  • 0.34 Acre Lot
  • Walk-In Pantry
  • Repetto Elementary School Rated A-
  • Mountain View
  • 2 Car Attached Garage

About This Home

As of October 2022

Location, location, and location!!! Nested at the most desirable area in the heart of Monterey Park, #3 ranked as the best city to live in Money Magazine; the cozy PUD style townhome is close to all amenities, Garvey Ranch Park and Barnes Park, grocery stores, schools, gourmet restaurants, DTLA, and easy access to I-10, Fwy 60.

Turnkey 2-story stylish south facing detached townhouse has NO common wall. This front unit has its own private and quiet yard with mature fruit trees such as persimmon, grapefruits, and orange. Great venue for family and friends gathering.

The property features an opening layout, a vast living room, family room, dining area, and kitchen on the first floor. The kitchen has many custom cabinets, a walk-in pantry, a tile countertop & breakfast counter. Carpet floor in the living room, dining area, & entry area. Beautiful tile flooring in kitchen & bathrooms. A sliding door leads to the quite backyard. Power room downstairs.

All bedrooms are on the second floor, and the primary suite with a window facing south invites abundant light pouring into the room, a pleasant overlooking the beautiful mountain view. Two secondary bedrooms enjoy decent size and share a bathroom. Loft area comfortably connects on the second level. A two-car garage with laundry inside. The complex has an several guest parking space. Alhambra School District, attending prestigious Mark Keppel High School. Don't wait, claim your dream home and DETACHED home here in Monterey Park.

Last Agent to Sell the Property

Lan 'Gloria' Xiao

RE/MAX ELITE REALTY License #01937896 Listed on: 08/05/2022

RE/MAX ELITE REALTY

Last Buyer's Agent

Lan 'Gloria' Xiao

RE/MAX ELITE REALTY License #01937896 Listed on: 08/05/2022

RE/MAX ELITE REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,349

Year Built

  • Built in 1986

Lot Details

  • No Common Walls
  • Back Yard

HOA Fees

  • $165 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway
  • Guest Parking

Interior Spaces

  • 1,474 Sq Ft Home
  • Family Room
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Walk-In Pantry
  • Gas Cooktop
  • Free-Standing Range
  • Range Hood
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Schools

  • Mark Keppel High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 5259001094
  • $369 per year additional tax assessments

Community Details

Overview

  • Master Insurance
  • 4 Units
  • Russell Homeowners Association, Phone Number (252) 329-7368
  • Maintained Community

Recreation

  • Park

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,349

Year Built

Built in 1986

Lot Details

0

HOA Fees

$165 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: MPR3*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5259001094
  • Year Built: 1986
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1474.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 523.74
  • Room Type: All Bedrooms Up, Family Room, Living Room, Master Bathroom, Master Bedroom, Master Suite, Walk-In Pantry
  • Bathroom Features: Bathtub, Shower In Tub
  • Room Kitchen Features: Tile Counters, Walk-In Pantry

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Guest
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Cooktop, Range Hood, Refrigerator
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Maintenance Grounds, Trash, Water
  • Association Fee: 165.00
  • Association Fee Frequency: Monthly
  • Association Name: Russell Homeowners Association
  • Phone: (252) 329-7368
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Park
  • Association Management: Russell Homeowners Association

Schools

  • School District: Alhambra
  • High School: Mark Keppel
  • High School: Mark Keppel
  • High School2: MARKEP

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 14839.00
  • Lot Size Acres: 0.3407
  • Latitude Manual: 34.05830000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 14839.0000 Square Feet
  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Tax Info

  • Tax Census Tract: 4822.01
  • Tax Lot: 1
  • TaxOtherAnnualAssessmentAmount: 369.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2014
Sold by
Gropp Jurgen L
Bought by
Gropp Jurgen L
Current Estimated Value
$853,139

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$643,500
Outstanding Balance
$448,372
Interest Rate
2.27%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Estimated Equity
$404,767

Purchase Details

Closed on
Dec 5, 2006
Sold by
Gropp Jurgen L and Gropp Sook Young
Bought by
Gropp Jurgen L

Purchase Details

Closed on
Mar 11, 1997
Sold by
Chang Hae Kim
Bought by
Gropp Jurgen L and Gropp Sook Young

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.62%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gropp Jurgen L -- Ticor Title
Gropp Jurgen L -- None Available
Gropp Jurgen L $200,000 Equity Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gropp Jurgen L $643,500
Closed Gropp Jurgen L $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2022 10/17/22 Sold $772,000 -3.5% $524 / Sq Ft
08/19/2022 08/19/22 Pending -- -- --
08/05/2022 08/05/22 For Sale $800,000 -- $543 / 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 $10,349 $803,188 $523,009 $280,179
2024 $10,349 $787,440 $512,754 $274,686
2023 $10,139 $772,000 $502,700 $269,300
2022 $2,052 $143,180 $39,242 $103,938
2021 $2,018 $140,373 $38,473 $101,900
2019 $1,950 $136,212 $37,333 $98,879
2018 $1,905 $133,542 $36,601 $96,941
2016 $1,772 $128,359 $35,181 $93,178
2015 $1,744 $126,432 $34,653 $91,779
2014 $1,727 $123,957 $33,975 $89,982
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS22169454

California Regional Multiple Listing Service (CRMLS)

APN: 5259-001-094