NOT LISTED FOR SALE

401 W Graves Ave Monterey Park, CA 91754

Estimated Value: $873,000 - $1,010,000

3 Beds
1.5 Baths
1,271 Sq Ft
$726/Sq Ft Est. Value

Last Sold December 11, 2018

Last sale price $628,000 $494 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $5,780/month

36 Days on Market

Highlights

  • City Lights View
  • Wood Flooring
  • Laundry Room
  • Repetto Elementary School Rated A-
  • Oversized Parking
  • 2-minute walk to Barnes Park

About This Home

As of December 2018

Three bedroom, 1 1/2 bathroom home in Monterey Park. Close to Garfield and Atlantic Blvd. shopping, restaurants, bus lines, Barnes Park and Library. Generous sized living room/sun porch with refinished hardwood floors and views of mountains. Updated kitchen with newly tiled floors, new hardware, new garbage disposal. Both bathrooms have been remodeled with new floor tile, new tile in shower over tub, new toilets, new medicine cabinets and light fixtures. All bedrooms have newly refinished wood flooring. Interior and exterior trim newly painted. Professionally landscaped with new automatic sprinklers. Two-car garage with automatic opener and separate workshop room/storage.

Last Agent to Sell the Property

Alan Friedman

Ko Tai Realty License #00931498 Listed on: 10/25/2018

Ko Tai Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,033

Year Built

  • Built in 1959 | Remodeled

Lot Details

  • 4,665 Sq Ft Lot
  • Landscaped
  • Paved or Partially Paved Lot
  • Irregular Lot
  • Front Yard Sprinklers
  • Property is zoned MPR1*

Parking

  • 2 Car Garage
  • Oversized Parking
  • Parking Available
  • Two Garage Doors

Property Views

  • City Lights
  • Mountain

Interior Spaces

  • 1,271 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Kitchen

  • Oven
  • Gas Cooktop
  • Range Hood
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Low Flow Toliet

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Community Details

  • Laundry Facilities

Listing and Financial Details

  • Assessor Parcel Number 5263002023

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,033

Year Built

Built in 1959 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Not Applicable - 1007242
  • View: Yes
  • Zoning: MPR1*
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5263002023
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Living Area: 1271.00
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Price Per Square Foot: 494.10
  • Bathroom Features: Low Flow Toilet(s)

Exterior Features

  • View: City Lights, Mountain(s)

Garage/Parking

  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Garage - Two Door, Oversized
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Cooktop, Oven, Range Hood
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Common Area, Inside
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard, Irregular Lot, Landscaped, Paved, Sprinkler System, Sprinklers In Front, Sprinklers Timer
  • Lot Size Sq Ft: 4665.00
  • Lot Size Acres: 0.1100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4665.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 25, 2018
Closed on
Dec 3, 2018
Sold by
Fong Irving and James And Viola Fong Revocable
Bought by
Leung Stever
Seller's Agent
Alan Friedman
Ko Tai Realty
List Price
$599,000
Sold Price
$628,000
Premium/Discount to List
$29,000
4.84%
Current Estimated Value
$922,592

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$294,592
Avg. Annual Appreciation
5.91%
Original Mortgage
$504,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 1995
Sold by
Fong James and Fong Viola
Bought by
Fong James and Fong Viola
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
Leung Stever $628,000 Fidelity Sherman Oaks
Fong James -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leung Stever $504,000
Closed Leung Stever $504,000
Closed Leung Stever $502,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2018 12/11/18 Sold $628,000 +4.8% $494 / Sq Ft
11/30/2018 11/30/18 Pending -- -- --
10/25/2018 10/25/18 For Sale $599,000 -- $471 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $9,033 $700,541 $560,434 $140,107
2024 $9,033 $686,806 $549,446 $137,360
2023 $8,848 $673,340 $538,673 $134,667
2022 $8,426 $660,138 $528,111 $132,027
2021 $8,327 $647,195 $517,756 $129,439
2019 $8,028 $628,000 $502,400 $125,600
2018 $1,119 $69,973 $27,124 $42,849
2016 $1,051 $67,258 $26,072 $41,186
2015 $1,033 $66,249 $25,681 $40,568
2014 $1,026 $64,952 $25,178 $39,774
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-818005266

Pasadena-Foothills Association of REALTORS®

APN: 5263-002-023