NOT LISTED FOR SALE

400 S Garfield Ave Unit 2 Monterey Park, CA 91754

Estimated Value: $703,000 - $790,000

3 Beds
2.5 Baths
1,472 Sq Ft
$140/mo HOA Fee

Last Sold December 02, 2016

Last sale price $480,000 $326 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $4,743/month

1 Day on Market

Highlights

  • 29,536 Sq Ft lot
  • Mountain View
  • Balcony
  • Ynez Elementary School Rated A-
  • Bonus Room
  • 2 Car Direct Access Garage

About This Home

As of December 2016

Location! Location! Location! This amazing townhome is located in one of the most desirable neighborhood of Monterey Park. Close to park, library, markets, public transportation and easy access to 10 and 60 freeways. Bright and open floor Plan with fresh interior paint and new laminated wood flooring. Cozy fireplace in the living room and sliding door to the front patio. Open kitchen offers plenty of storage and countertop spaces. Large master bedroom with oversized closet and dual sinks in the master bath. Designated laundry room area and extra large bonus room next to the attached 2 car garage. Well maintained community with Low HOA dues. Award winning public school district. Move right in or make it a great investment opportunity!javascript:__doPostBack('m_lbSubmit','')

Last Agent to Sell the Property

YIHENG YU

RE/MAX ELITE REALTY License #01399911 Listed on: 10/12/2016

Last Buyer's Agent

Yeuhaw Chiu

Star Max Realty License #01966310

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,165

Year Built

  • Built in 1979

Lot Details

  • Two or More Common Walls
  • Sprinkler System

HOA Fees

  • $140 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Interior Spaces

  • 1,472 Sq Ft Home
  • Separate Family Room
  • Living Room
  • Dining Room
  • Library with Fireplace
  • Bonus Room
  • Storage
  • Laundry Room
  • Laminate Flooring
  • Mountain Views
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Outdoor Features

  • Balcony
  • Patio

Location

  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 33544
  • Assessor Parcel Number 5257016042

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,165

Year Built

Built in 1979

Lot Details

0

HOA Fees

$140 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: MPR3*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5257016042
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1472.00 Square Feet
  • Interior Amenities: Balcony, Storage
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area, Dining Room
  • Fireplace Features: Library
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 326.09
  • Room Type: All Bedrooms Up, Bonus Room, Family Room, Kitchen, Laundry, Living Room, Separate Family Room

Exterior Features

  • Patio: Yes
  • View: Mountain(s)
  • Patio And Porch Features: Patio
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 140.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Alhambra

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 29536.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 4822.01
  • Tax Lot: 1
  • Tax Tract Number: 33544

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 12, 2016
Closed on
Nov 16, 2016
Sold by
Lee Pak Sing and The Pak Sing Lee & Barbara Lin
Bought by
Jiang Hesheng and Feng Yuling
Seller's Agent
YIHENG YU
RE/MAX ELITE REALTY
Buyer's Agent
Yeuhaw Chiu
Star Max Realty
List Price
$448,000
Sold Price
$480,000
Premium/Discount to List
$32,000
7.14%
Current Estimated Value
$735,221

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$255,221
Avg. Annual Appreciation
5.01%
Original Mortgage
$150,000
Interest Rate
3.54%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 26, 2014
Sold by
Lee Pak S and Lee Pak Sing
Bought by
Lee Pak Sing and Pak Sing Lee

Purchase Details

Listed on
Nov 8, 2013
Closed on
Dec 27, 2013
Sold by
Lee Willy
Bought by
Lee Pak S
Seller's Agent
Ivy Jou
IRN Realty
Buyer's Agent
Su Cheng Yang
Transglobal Realty
List Price
$419,000
Sold Price
$419,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.98%

Purchase Details

Closed on
Feb 11, 2005
Sold by
Chan Sik Tong and Chan Lai Fong
Bought by
Lee Willy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.79%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Jiang Hesheng $480,000 Lawyers Title
Lee Pak Sing -- None Available
Lee Pak S $419,000 Lawyers Title
Lee Willy $340,000 Ticor Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jiang Hesheng $126,000
Closed Jiang Hesheng $150,000
Closed Jiang Hesheng $150,000
Previous Owner Lee Willy $219,000
Previous Owner Lee Willy $228,000
Previous Owner Lee Willy $100,000
Previous Owner Lee Willy $250,000
Previous Owner Chen Lun Kuei $100,000
Previous Owner Chan Sik Tong $245,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/02/2016 12/02/16 Sold $480,000 +7.1% $326 / Sq Ft
10/13/2016 10/13/16 Pending -- -- --
10/12/2016 10/12/16 For Sale $448,000 +6.9% $304 / Sq Ft
01/24/2014 01/24/14 Sold $419,000 0.0% $285 / Sq Ft
11/08/2013 11/08/13 For Sale $419,000 -- $285 / 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 $7,165 $557,074 $315,907 $241,167
2024 $7,165 $546,152 $309,713 $236,439
2023 $7,018 $535,444 $303,641 $231,803
2022 $6,682 $524,946 $297,688 $227,258
2021 $6,600 $514,653 $291,851 $222,802
2019 $6,361 $499,391 $283,196 $216,195
2018 $6,389 $489,600 $277,644 $211,956
2016 $5,541 $433,888 $233,823 $200,065
2015 $5,455 $427,371 $230,311 $197,060
2014 -- $386,603 $217,408 $169,195
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS16724188

California Regional Multiple Listing Service (CRMLS)

APN: 5257-016-042