NOT LISTED FOR SALE

407 N Mcpherrin Ave Monterey Park, CA 91754

Estimated Value: $856,794 - $977,000

3 Beds
2 Baths
1,185 Sq Ft
$761/Sq Ft Est. Value

Last Sold April 01, 2019

Last sale price $639,000 $539 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $5,500/month

13 Days on Market

Highlights

  • Granite Countertops
  • No HOA
  • Laundry Room
  • Ynez Elementary School Rated A-
  • Neighborhood Views
  • Family Room

About This Home

As of April 2019

CENTRALLY LOCATED IN ONE OF THE BEST LOCATION IN MONTEREY PARK. THIS WONDERFUL SINGLE 3-BEDROOM HOME IS IN WALKING DISTANCE TO HONG KONG MARKET, MARK KEPPEL HIGH SCHOOL, AMC MOVIE THEATRE, BUS STOPS, LANGLY SENIOR CENTER, RESTAURANTS AND GARFIELD HOSPITAL. HARDWOOD FLOOR, GRANITE COUNTERTOPS IN KITCHEN. TWO CAR DETACHED GARAGE. THE PROPERTY TO BE SOLD IN ‘AS IS” PRESENT PHYSICAL CONDITION.

Last Agent to Sell the Property

Joshua Chao

Smart Capital License #01266811 Listed on: 01/22/2019

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,257

Year Built

  • Built in 1939

Lot Details

  • 4,835 Sq Ft Lot
  • Back and Front Yard
  • Property is zoned MPR2YY

Parking

  • 2 Car Garage

Interior Spaces

  • 1,185 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Neighborhood Views
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 198
  • Tax Tract Number 198
  • Assessor Parcel Number 5256016047

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,257

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: MPR2YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5256016047
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1185.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 539.24
  • Room Type: All Bedrooms Down, Family Room, Kitchen
  • Room Kitchen Features: Granite Counters

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: Alhambra

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 4835.00
  • Lot Size Acres: 0.1110

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4835.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4817.13
  • Tax Lot: 198
  • Tax Tract Number: 198

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2019
Closed on
Feb 7, 2019
Sold by
Lai Hsiu Chu and Lai Cheng Jing
Bought by
Xie Juan and Lian Guyi
Seller's Agent
Joshua Chao
Smart Capital
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$630,000
Sold Price
$639,000
Premium/Discount to List
$9,000
1.43%
Current Estimated Value
$901,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$262,699
Avg. Annual Appreciation
5.37%
Original Mortgage
$447,300
Interest Rate
4.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 4, 1996
Sold by
Lai Cheng Jing and Lai Hsiu Chu
Bought by
Lai Cheng Jing and Lai Hsiu Chu

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
8.23%
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
Xie Juan $639,000 First American Title Company
Lai Cheng Jing -- United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Xie Juan $447,300
Previous Owner Lai Cheng Jing $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2019 04/01/19 Sold $639,000 +1.4% $539 / Sq Ft
02/05/2019 02/05/19 For Sale $630,000 -1.4% $532 / Sq Ft
02/04/2019 02/04/19 Pending -- -- --
02/01/2019 02/01/19 Off Market $639,000 -- --
02/01/2019 02/01/19 For Sale $630,000 -1.4% $532 / Sq Ft
01/28/2019 01/28/19 Off Market $639,000 -- --
01/22/2019 01/22/19 For Sale $630,000 -- $532 / 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 $9,257 $712,811 $536,450 $176,361
2024 $9,257 $698,835 $525,932 $172,903
2023 $9,069 $685,133 $515,620 $169,513
2022 $8,637 $671,700 $505,510 $166,190
2021 $8,538 $658,531 $495,599 $162,932
2020 $8,489 $651,780 $490,518 $161,262
2019 $4,276 $300,723 $211,482 $89,241
2018 $4,048 $294,828 $207,336 $87,492
2016 $3,753 $283,382 $199,286 $84,096
2015 $3,695 $279,126 $196,293 $82,833
2014 $3,648 $273,659 $192,448 $81,211
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR19014480

California Regional Multiple Listing Service (CRMLS)

APN: 5256-016-047