NOT LISTED FOR SALE

407 S New Ave Unit A Monterey Park, CA 91755

Estimated Value: $739,720 - $866,000

3 Beds
2.5 Baths
1,712 Sq Ft
$270/mo HOA Fee

Last Sold September 20, 2018

Last sale price $540,000 $315 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,315/month

17 Days on Market

Highlights

  • 2 Car Attached Garage
  • Laundry Room
  • Central Heating and Cooling System
  • Monterey Vista Elementary School Rated A-

About This Home

As of September 2018

Beautiful immaculate Condo located in a convenient location close to everything. This is a spacious open floor plan unit with 1712 living area, huge master bedroom with a small walk-in closet and 2 side by side mirror closets, good size 3/4 bathroom. 2nd bedroom with good size closet. 3rd bedroom has 2 big closets and balcony. 2nd full bath with window in the hallway. Front door opens to a cozy living room with fireplace and good size dining area that have newer sliding doors that open to the backyard great for gardening and outdoor entertainment. Good size kitchen with lots of cabinets and direct access to the attached 2 cars garage. There is a 1/2 bath by the kitchen. Laundry hook up in the garage. The unit is very bright and airy and has only one common wall. Per seller A/C is replaced 6 years ago, water heater replaced June 2018 and main floor & stairs floorings replaced 3 years ago. Outstanding school Mark Keppel. Must see.

Last Agent to Sell the Property

Alice Lim

Beverly and Company, Inc. License #01225394 Listed on: 07/28/2018

Beverly and Company, Inc.

Last Buyer's Agent

Yan Hong Chen

GRANDMARK REALTY INC. License #01900210

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,065

Year Built

  • Built in 1978

Lot Details

  • 1 Common Wall
  • Density is 11-15 Units/Acre

HOA Fees

  • $270 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,712 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Schools

  • Mark Keppel High School

Utilities

  • Central Heating and Cooling System

Community Details

  • Master Insurance
  • 28 Units
  • Moller Property Management Association, Phone Number (626) 444-9287

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 33073
  • Assessor Parcel Number 5259020044

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,065

Year Built

Built in 1978

Lot Details

0

HOA Fees

$270 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: MPR3*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5259020044
  • Year Built: 1978
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1712.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 315.42
  • Room Type: All Bedrooms Up, Kitchen, Living Room, Master Bathroom, Master Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Trash, Water
  • Association Fee: 270.00
  • Association Fee Frequency: Monthly
  • Association Name: Moller Property management
  • Phone: 626-444-9287
  • Senior Community: No
  • Community Features: Curbs

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: 11-15 Units/Acre
  • Lot Size Sq Ft: 1671.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 28
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4822.02
  • Tax Lot: 1
  • Tax Tract Number: 33073

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2018
Closed on
Aug 17, 2018
Sold by
Ngo Kelly
Bought by
Ruan Michelle S
Seller's Agent
Alice Lim
Beverly and Company, Inc.
Buyer's Agent
Yan Hong Chen
GRANDMARK REALTY INC.
List Price
$538,000
Sold Price
$540,000
Premium/Discount to List
$2,000
0.37%
Current Estimated Value
$808,930

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$268,930
Avg. Annual Appreciation
5.62%
Original Mortgage
$432,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 27, 2015
Sold by
Ngo Lee
Bought by
Ngo Kelly

Purchase Details

Closed on
Sep 26, 2000
Sold by
Ngo Shawn Tran
Bought by
Ngo Lee

Purchase Details

Closed on
Dec 23, 1998
Sold by
E P Wong Trust Wong, Walter S And Ellen P Trs
Bought by
Wong Walter Shuh Jer and Wong Ellen Phung
Source: Public Records

Range of Values:

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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
Ruan Michelle S $540,000 Old Republic Title Company
Ngo Kelly -- None Available
Ngo Lee $8,000 United Title Company
Wong Walter Shuh Jer -- --
Ngo Lee -- --
Ngo Lee -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruan Michelle S $422,500
Closed Ruan Michelle S $423,000
Closed Ruan Michelle S $432,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/20/2018 09/20/18 Sold $540,000 +0.4% $315 / Sq Ft
07/28/2018 07/28/18 For Sale $538,000 -- $314 / 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 $8,065 $602,375 $391,321 $211,054
2024 $8,065 $590,565 $383,649 $206,916
2023 $7,793 $578,986 $376,127 $202,859
2022 $7,435 $567,634 $368,752 $198,882
2021 $7,398 $556,505 $361,522 $194,983
2019 $7,117 $540,000 $350,800 $189,200
2018 $6,517 $477,543 $208,080 $269,463
2016 $5,989 $459,000 $200,000 $259,000
2015 $2,833 $205,567 $89,208 $116,359
2014 $2,801 $201,541 $87,461 $114,080
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS18182228

California Regional Multiple Listing Service (CRMLS)

APN: 5259-020-044