NOT LISTED FOR SALE

408 E Graves Ave Monterey Park, CA 91755

Estimated Value: $881,000 - $1,009,000

3 Beds
2 Baths
1,005 Sq Ft
$950/Sq Ft Est. Value

Last Sold April 20, 2016

Last sale price $620,000 $617 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,832/month

Highlights

  • City Lights View
  • Wood Flooring
  • Fireplace
  • Garvey (Richard) Intermediate School Rated A-
  • No HOA
  • Cooling System Mounted To A Wall/Window

About This Home

As of October 2016

Great Location. Move in condition.The home has 3 Bedrooms and 2 Bathrooms with upgrade and original hardwood floors. Good view the property on the hill. Close to shopping, dining, entertainment, freeways and Downtown LA.

Last Agent to Rent the Property

Xujing Zheng

Re/Max Premier Prop Arcadia License #01977285 Listed on: 04/27/2016

Re/Max Premier Prop Arcadia

Last Renter's Agent

Xu Zheng

Coldwell Banker George Realty License #01977285

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1931

Lot Details

  • 10,095 Sq Ft Lot
  • Paved or Partially Paved Lot
  • Property is zoned R2

Parking

  • 2 Car Garage

Home Design

  • Fire Rated Drywall
  • Interior Block Wall
  • Frame Construction
  • Stucco

Interior Spaces

  • 1,005 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Wood Flooring
  • City Lights Views

Kitchen

  • Gas Range
  • Ceramic Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Outdoor Features

  • Wood Patio

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $2,000
  • Rent includes gardener
  • Available 10/4/16
  • Tax Lot 31
  • Tax Tract Number 4461
  • Assessor Parcel Number 5260004013

Home Details

Home Type

Single Family

Year Built

Built in 1931

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2016-10-04
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Pets: 300
  • Deposit Security: 2000
  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Transfer Fee Paid By: Tenant

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: R2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 5260004013
  • Year Built: 1931
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1005.00 Square Feet
  • Interior Amenities: Block Walls, Ceramic Counters, Pantry
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 1.99
  • Room Type: All Bedrooms Down

Exterior Features

  • Patio: Yes
  • View: City Lights
  • Patio And Porch Features: Wood
  • Pool Private: No
  • Construction Materials: Drywall Walls, Frame, Stucco

Garage/Parking

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

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Central
  • Laundry Features: Washer Hookup
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 10095.00

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: Negotiable
  • Rent Includes: Gardener

Tax Info

  • Tax Lot: 31
  • Tax Tract Number: 4461

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 25, 2017
Sold by
Norvage Llc
Bought by
Zhang Wei Ping
Current Estimated Value
$955,185

Purchase Details

Listed on
Feb 27, 2016
Closed on
Apr 4, 2016
Sold by
Ochiai Tatsuya
Bought by
Norvage Llc
Seller's Agent
Yuki Koyano
Pacific Onward Inc.
Buyer's Agent
Xujing Zheng
Re/Max Premier Prop Arcadia
List Price
$650,000
Sold Price
$620,000
Premium/Discount to List
-$30,000
-4.62%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.55%

Purchase Details

Listed on
Dec 11, 2012
Closed on
Jan 3, 2013
Sold by
Ochiai Linda
Bought by
Ochiai Tatsuya
Seller's Agent
Freddie Hindi
Compass
Buyer's Agent
Freddie Hindi
Compass
List Price
$450,000
Sold Price
$435,000
Premium/Discount to List
-$15,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
11.52%
Original Mortgage
$387,000
Interest Rate
3.31%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 11, 2012
Closed on
Dec 7, 2012
Sold by
Karpeles David
Bought by
Ochiai Tatsuya
Seller's Agent
Freddie Hindi
Compass
Buyer's Agent
Freddie Hindi
Compass
List Price
$450,000
Sold Price
$435,000
Premium/Discount to List
-$15,000
-3.33%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$387,000
Interest Rate
3.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2010
Sold by
Chopchinski John
Bought by
Karpeles David and Karpeles Marsha

Purchase Details

Closed on
May 21, 2009
Sold by
Chopchinski John E
Bought by
Karpeles David and Karpeles Marsha

Purchase Details

Closed on
Sep 9, 1999
Sold by
Chopchinski Alice N Living Trust
Bought by
Chopchinski John E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Zhang Wei Ping $645,000 Ticor Title
Norvage Llc $620,000 Nations Title Company Of Ca
Ochiai Tatsuya -- Chicago Title Company
Ochiai Tatsuya $440,000 Chicago Title Company
Karpeles David -- None Available
Karpeles David $226,909 Orange Coast Title
Chopchinski John E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ochiai Tatsuya $387,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/11/2016 10/11/16 Rented $2,000 0.0% --
04/27/2016 04/27/16 For Rent $2,000 0.0% --
04/20/2016 04/20/16 Sold $620,000 -2.4% $617 / Sq Ft View Prior Sale
03/23/2016 03/23/16 Pending -- -- --
03/15/2016 03/15/16 Price Changed $635,000 +5.8% $632 / Sq Ft
03/15/2016 03/15/16 Price Changed $600,000 -7.7% $597 / Sq Ft
02/27/2016 02/27/16 For Sale $650,000 +49.4% $647 / Sq Ft
01/18/2013 01/18/13 Sold $435,000 -3.3% $433 / Sq Ft View Prior Sale
12/11/2012 12/11/12 For Sale $450,000 0.0% $448 / Sq Ft
12/10/2012 12/10/12 Pending -- -- --
11/05/2012 11/05/12 Pending -- -- --
11/01/2012 11/01/12 Price Changed $450,000 -5.3% $448 / Sq Ft
10/23/2012 10/23/12 For Sale $475,000 -- $473 / 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 $10,110 $748,571 $626,713 $121,858
2024 $10,110 $733,894 $614,425 $119,469
2023 $9,732 $719,505 $602,378 $117,127
2022 $9,286 $705,398 $590,567 $114,831
2021 $9,249 $691,568 $578,988 $112,580
2019 $8,900 $671,058 $561,816 $109,242
2018 $8,886 $657,900 $550,800 $107,100
2016 $5,856 $452,500 $312,070 $140,430
2015 $5,740 $445,704 $307,383 $138,321
2014 $5,663 $436,974 $301,362 $135,612
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2016

    Yuki Koyano

    Pacific Onward Inc.

    (310) 339-0737

    8 Total Sales

    Yuki Koyano
    Section Image

  • X

    Landlord's Agent in 2016

    Xujing Zheng

    RE/MAX

    (626) 328-0836

    11 in this area

    40 Total Sales

    Xujing Zheng
    Section Image

  • X

    Tenant's Agent in 2016

    Xu Zheng

    Coldwell Banker George Realty

  • F

    Seller's Agent in 2013

    Freddie Hindi

    Compass

    (626) 731-2557

    14 Total Sales

    Freddie Hindi
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR16717645

California Regional Multiple Listing Service (CRMLS)

APN: 5260-004-013

California Los Angeles County Monterey Park 91755

408 E Graves Ave, Monterey Park, CA

Not Listed for Sale

Detached

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