NOT LISTED FOR SALE

406 S Garfield Ave #3 Monterey Park, CA 91754

Estimated Value: $749,000 - $800,000

3 Beds
2.5 Baths
1,472 Sq Ft
$190/mo HOA Fee

Last Sold January 20, 2022

Last sale price $652,000 $443 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $5,100/month

7 Days on Market

Highlights

  • 0.68 Acre Lot
  • Quartz Countertops
  • Balcony
  • Ynez Elementary School Rated A-
  • Neighborhood Views
  • Front Porch

About This Home

As of January 2022

Conveniently located in the heart of the City of Monterey Park. The upgraded south facing Tri-level gracious townhouse 3 bedrooms and 3 bathrooms. The front porch entrance leads you to a spacious living room that features laminate wood flooring, fireplace and recessed lighting. The open floor plan features updated kitchen with quartz countertops, Dining room has direct access to the Balcony and and family room is great for entertaining. All bedrooms are upstairs. Two years new A/C. Attached 2 car garage with a large storage room. Close to Barnes Park, Library, bank, Supermarket and 10 & 60 freeway. HOA $190/month includes water and trash. Don't miss your chance to own this home. Must see to appreciate it!

Last Agent to Sell the Property

YANHUA LIU

RE/MAX ELITE REALTY License #02080444 Listed on: 12/04/2021

RE/MAX ELITE REALTY

Last Buyer's Agent

Lan 'Gloria' Xiao

RE/MAX ELITE REALTY License #01937896

RE/MAX ELITE REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,924

Year Built

  • Built in 1979

Lot Details

  • Two or More Common Walls
  • Density is 16-20 Units/Acre

HOA Fees

  • $190 Monthly HOA Fees

Parking

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

Interior Spaces

  • 1,472 Sq Ft Home
  • Recessed Lighting
  • Family Room
  • Living Room with Fireplace
  • Laminate Flooring
  • Neighborhood Views

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Quartz Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Quartz Bathroom Countertops
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting
  • Front Porch

Schools

  • Mark Keppel High School

Utilities

  • Central Air

Community Details

  • Master Insurance
  • 16 Units
  • Mountain View Regency HOA, Phone Number (626) 272-3267

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 33544
  • Assessor Parcel Number 5257016029

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,924

Year Built

Built in 1979

Lot Details

0

HOA Fees

$190 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: MPR3
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5257016029
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1472.00 Square Feet
  • Interior Amenities: Balcony, Recessed Lighting
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 442.93
  • Room Type: All Bedrooms Up, Family Room, Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom
  • Bathroom Features: Shower, Quartz Counters
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Fence: No
  • Patio And Porch Features: Front Porch
  • Pool Private: No

Garage/Parking

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

Utilities

  • Laundry: Yes
  • Appliances: Gas Cooktop, Refrigerator
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Trash, Water
  • Association Fee: 190.00
  • Association Fee Frequency: Monthly
  • Association Name: Mountain View Regency HOA
  • Phone: 6262723267
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Street Lights
  • Association Management: Mountain View Regency HOA

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: 16-20 Units/Acre
  • Lot Size: 29549
  • Lot Size Sq Ft: 29549.00
  • Lot Size Acres: 0.6784

Multi Family

  • Lease Considered: No
  • Lot Size Area: 29549.0000 Square Feet
  • Number Of Units In Community: 16
  • Number Of Units Total: 3

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 33544

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 4, 2021
Closed on
Jan 19, 2022
Sold by
Wang Dave H and Wang Betty
Bought by
Dave Hui Wang And Betty Wang Living Trust and Wang Betty L
Seller's Agent
YANHUA LIU
RE/MAX ELITE REALTY
Buyer's Agent
Lan 'Gloria' Xiao
RE/MAX ELITE REALTY
List Price
$618,000
Sold Price
$652,000
Premium/Discount to List
$34,000
5.5%
Current Estimated Value
$766,120

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$114,120
Avg. Annual Appreciation
3.92%
Original Mortgage
$455,000
Outstanding Balance
$420,196
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$328,800

Purchase Details

Listed on
Dec 4, 2021
Closed on
Dec 16, 2021
Sold by
Dave Hui Wang And Betty Wang Living Trus
Bought by
Tan Qiaoling and Tan Xiaohua
Seller's Agent
YANHUA LIU
RE/MAX ELITE REALTY
Buyer's Agent
Lan 'Gloria' Xiao
RE/MAX ELITE REALTY
List Price
$618,000
Sold Price
$652,000
Premium/Discount to List
$34,000
5.5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$455,000
Outstanding Balance
$420,196
Interest Rate
3.11%
Mortgage Type
New Conventional
Estimated Equity
$328,800

Purchase Details

Closed on
Mar 17, 2016
Sold by
Wang Dave H and Wang Betty
Bought by
The Dave Hui Wang & Betty Wang Living Tr
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
Dave Hui Wang And Betty Wang Living Trust -- New Title Company Name
Tan Qiaoling $652,000 New Title Company Name
The Dave Hui Wang & Betty Wang Living Tr -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tan Qiaoling $455,000
Previous Owner Wang Dave H $250,000
Previous Owner Wang Dave H $242,200
Previous Owner Wang Dave H $131,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/20/2022 01/20/22 Sold $652,000 +5.5% $443 / Sq Ft
12/12/2021 12/12/21 Pending -- -- --
12/04/2021 12/04/21 For Sale $618,000 -- $420 / 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 $8,924 $691,906 $431,698 $260,208
2024 $8,924 $678,340 $423,234 $255,106
2023 $8,743 $665,040 $414,936 $250,104
2022 $2,723 $194,762 $46,335 $148,427
2021 $2,684 $190,944 $45,427 $145,517
2019 $2,592 $185,282 $44,081 $141,201
2018 $2,585 $181,650 $43,217 $138,433
2016 $2,401 $174,598 $41,540 $133,058
2015 $2,364 $171,977 $40,917 $131,060
2014 $2,337 $168,609 $40,116 $128,493
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS21255519

California Regional Multiple Listing Service (CRMLS)

APN: 5257-016-029