NOT LISTED FOR SALE

402 S Garfield Ave Unit 1 Monterey Park, CA 91754

Estimated Value: $718,000 - $730,924

3 Beds
2.5 Baths
1,470 Sq Ft
$190/mo HOA Fee

Last Sold April 22, 2021

Last sale price $570,000 $388 Per Sq Ft

Est. 27% increase in value since last sale

Current estimated payment $4,806/month

15 Days on Market

Highlights

  • City View
  • 29,549 Sq Ft lot
  • Living Room
  • Ynez Elementary School Rated A-
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of April 2021

Prime Location! This beautiful townhome located at heart of Monterey Park. Corner Unit! The spacious floorplan features three bedrooms upstairs, upgraded kitchen with SS refrigerator and bonus laundry/storage room downstairs with 2-car garage attached. All rooms have city view! A short walk to Monterey Park city hall, farmer's market, Barnes park, library, shops, banks and restaurants etc. Close proximity to the 10 freeway and 60 freeway. Don't miss this one, it won't last long!

Last Agent to Sell the Property

Helen Liu

Na Liu, Broker License #02006598 Listed on: 03/09/2021

Last Buyer's Agent

Jay Wu

LT MANAGEMENT GROUP License #01761071

LT MANAGEMENT GROUP

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,996

Year Built

  • Built in 1979

Lot Details

  • 0.68

HOA Fees

  • $190 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Rear-Facing Garage
  • Garage Door Opener

Property Views

  • City
  • Neighborhood

Home Design

  • Clay Roof
  • Stucco Exterior

Interior Spaces

  • 1,470 Sq Ft Home
  • 3-Story Property
  • Family Room with Fireplace
  • Living Room
  • Dining Area
  • Stove

Bedrooms and Bathrooms

  • 3 Bedrooms

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Floor Furnace

Community Details

  • Association fees include sewer, trash pickup, water
  • 3 Units
  • Mountain View Regency HOA, Phone Number (626) 272-3267
  • Mountain View Regency Community

Listing and Financial Details

  • Assessor Parcel Number 5257-016-037

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,996

Year Built

Built in 1979

Lot Details

0

HOA Fees

$190 per month

Parking

2

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Residential Styles: All Other Attached
  • Cross Street: W Newmark Ave
  • Neighborhood: Monterey Park
  • LP / Sq Ft: 373.47
  • Price Per Sq Ft: 387.76
  • SP/ Sq Ft: 387.76
  • Stories: 3 Story
  • Stories In Building: 3
  • Ownership: Condominium
  • Total Stories: 3
  • Year Built: 1979
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Unit Number Space Number: 1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Equipment Available: Refrigerator, Gas Stove
  • Fireplaces: 1
  • Fireplace: Fp In Family Room
  • Searchable Rooms: Dining Area, Family Room, Living Room, Master Bedroom, All Bedrooms Up, Laundry, Master Bathroom
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 12*14
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Laundry Location: Laundry Room
  • Estimated Sq Ft: 1470
  • Total Bathrooms: 3

Exterior Features

  • Exterior Material: Stucco
  • Roof: Tile/Clay
  • View: City, Neighborhood

Garage/Parking

  • Garage Details: Attached, Garage - Rear Entry, Garage Door Opener
  • Garage Spaces: 2
  • Parking Spaces Total: 2

Utilities

  • Cooling: Central Forced Air
  • Laundry Utilities: Electric, Gas
  • Sewer/Septic: Sewer Connected
  • Water: Public
  • Heating: Fireplace, Floor Furnace
  • Heating Fuel: Natural Gas

Condo/Co-op/Association

  • Complex Name: Mountain View Regency
  • Total Fees: 2280.0
  • Units In Building: 3
  • Total Number of Units: 16
  • Home Owner Association: MOUNTAIN VIEW REGENCY HOA
  • Home Owner Association Fee Includes: Sewer, Trash Pickup, Water
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 190.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 6262723267

Association/Amenities

  • Entry Level Unit: 2

Fee Information

  • Total Monthly Fees: 190

Lot Info

  • Lot Size: 0 (Common Interest)
  • Zoning: MPR3*
  • Assessor Parcel Number: 5257-016-037
  • Estimated Lot Sq Ft: 29549

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 9, 2021
Closed on
Apr 2, 2021
Sold by
Ou Fang
Bought by
Hui Francis
Seller's Agent
Helen Liu
Na Liu, Broker
Buyer's Agent
Jay Wu
LT MANAGEMENT GROUP
List Price
$549,000
Sold Price
$570,000
Premium/Discount to List
$21,000
3.83%
Current Estimated Value
$724,981

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$154,981
Avg. Annual Appreciation
5.64%
Original Mortgage
$300,000
Outstanding Balance
$272,035
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$450,737

Purchase Details

Listed on
Jan 17, 2015
Closed on
Jul 15, 2015
Sold by
Pei Yu Juan
Bought by
Ou Fang
Seller's Agent
RICK LI-CHIH CHANG
LI CHIH CHANG, BROKER
Buyer's Agent
RICK LI-CHIH CHANG
LI CHIH CHANG, BROKER
List Price
$399,900
Sold Price
$400,000
Premium/Discount to List
$100
0.03%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.36%
Original Mortgage
$300,000
Interest Rate
2.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 7, 2013
Closed on
Apr 10, 2013
Sold by
Zhong Biao
Bought by
Pei Yu Juan
Seller's Agent
Matthew Carr
First Team Real Estate
Buyer's Agent
RICK LI-CHIH CHANG
LI CHIH CHANG, BROKER
List Price
$209,000
Sold Price
$271,000
Premium/Discount to List
$62,000
29.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
18.80%

Purchase Details

Listed on
Mar 7, 2013
Closed on
Apr 8, 2013
Sold by
Us Bank National Association
Bought by
Pei Yu Juan
Seller's Agent
Matthew Carr
First Team Real Estate
Buyer's Agent
RICK LI-CHIH CHANG
LI CHIH CHANG, BROKER
List Price
$209,000
Sold Price
$271,000
Premium/Discount to List
$62,000
29.67%

Purchase Details

Closed on
Mar 2, 2012
Sold by
Wu Jin and Cao Yun
Bought by
U S Bank National Association

Purchase Details

Closed on
Sep 26, 2006
Sold by
Chen Yu Ran
Bought by
Wu Jin and Cao Yun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 2000
Sold by
Lau Hoi Sang
Bought by
Chen Yu Ran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.96%

Purchase Details

Closed on
Sep 28, 2000
Sold by
Ip Kitty
Bought by
Chen Yu Ran

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.96%

Purchase Details

Closed on
Aug 19, 1999
Sold by
Fu John G and Fu Teresa
Bought by
Ip Kitty

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
7.56%
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
Hui Francis $570,000 Lawyers Title Company
Ou Fang $400,000 Ticor Title Company
Pei Yu Juan -- Ticor Title Company Of Ca
Pei Yu Juan $271,000 Ticor Title Company Of Ca
U S Bank National Association $227,284 Accommodation
Wu Jin $400,000 Southland Title Company
Chen Yu Ran -- Investors Title Company
Chen Yu Ran $139,000 Investors Title Company
Ip Kitty $123,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hui Francis $300,000
Closed Hui Francis $300,000
Previous Owner Ou Fang $300,000
Previous Owner Wu Jin $320,000
Previous Owner Wu Jin $80,000
Previous Owner Chen Yu Ran $290,000
Previous Owner Chen Yu Ran $240,000
Previous Owner Chen Yu Ran $50,000
Previous Owner Chen Yu Ran $225,000
Previous Owner Chen Yu Ran $150,000
Previous Owner Chen Yu Ran $70,000
Previous Owner Ip Kitty $110,000
Previous Owner Fu John G $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/22/2021 04/22/21 Sold $570,000 +3.8% $388 / Sq Ft
03/25/2021 03/25/21 Pending -- -- --
03/22/2021 03/22/21 For Sale $549,000 0.0% $373 / Sq Ft
03/15/2021 03/15/21 Pending -- -- --
03/09/2021 03/09/21 For Sale $549,000 +37.3% $373 / Sq Ft
07/28/2015 07/28/15 Sold $400,000 0.0% $272 / Sq Ft
06/29/2015 06/29/15 Pending -- -- --
06/26/2015 06/26/15 For Sale $399,900 0.0% $272 / Sq Ft
04/02/2015 04/02/15 Pending -- -- --
01/17/2015 01/17/15 For Sale $399,900 +47.6% $272 / Sq Ft
04/24/2013 04/24/13 Sold $271,000 +29.7% $184 / Sq Ft
03/19/2013 03/19/13 Pending -- -- --
03/07/2013 03/07/13 For Sale $209,000 -22.9% $142 / Sq Ft
02/08/2013 02/08/13 Off Market $271,000 -- --
09/14/2012 09/14/12 For Sale $209,000 -- $142 / Sq Ft
Source: San Diego MLS

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 $7,996 $616,983 $379,175 $237,808
2024 $7,996 $604,887 $371,741 $233,146
2023 $7,833 $593,027 $364,452 $228,575
2022 $7,459 $581,400 $357,306 $224,094
2021 $5,645 $437,455 $195,870 $241,585
2020 $5,611 $432,970 $193,862 $239,108
2019 $5,442 $424,481 $190,061 $234,420
2018 $5,461 $416,159 $186,335 $229,824
2016 $5,046 $400,000 $179,100 $220,900
2015 $3,643 $277,667 $207,995 $69,672
2014 $3,596 $272,229 $203,921 $68,308
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 210006026

San Diego MLS

APN: 5257-016-037