NOT LISTED FOR SALE

416 Everett Ave Monterey Park, CA 91755

Estimated Value: $1,078,000 - $1,176,000

4 Beds
3 Baths
2,249 Sq Ft
10,380 Sq Ft Lot

Last Sold July 27, 2023

Last sale price $1,025,000 $456 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $6,973/month

10 Days on Market

Highlights

  • Primary Bedroom Suite
  • Dual Staircase
  • Loft
  • Repetto Elementary School Rated A
  • Contemporary Architecture
  • Granite Countertops

About This Home

As of July 2023

Location, location, and location!!! Nested at the most desirable area in the heart of Monterey Park, the cozy PUD style townhome is close to all amenities, Garvey Ranch Park and Barnes Park, grocery stores, schools, gourmet restaurants, DTLA, and easy access to I-10, Fwy 60.
This charming and spacious home features 4 bedrooms, 3 bathrooms and a living area of 2249 SqFt. A bright and open floor plan with plenty of natural light pouring into each room, laminate wood and tile flooring, high ceiling and recessed lights. Two entrances from the exterior, one from front and one front side.
The kitchen boasts granite countertops, custom cabinetry, and stainless steel appliances, while the lovely living room with a cozy fireplace and dining area are perfect for gatherings and entertaining.
A spacious office den could be easily used as a guest room, and one full bathroom on the first floor.
On the second level, all four bedrooms are generously sized with ample closet space, and the master bedroom includes an en-suite bathroom, walk-in closet, and all windows inviting lots of light into the room. Huge loft with entrance to the balcony enjoying a gorgeous city view.
Other features include central A/C and heating, fresh painting, a laundry/utility room, and attached three-car garage with ample storage space.
The front yard is a serene oasis with lush landscaping. This home is ideally located with lots of amenities, shopping centers, entertainment options, parks, and a prestigious school such Mark Keppel High School. No HOA!!!Lots of parking spaces. Don't miss the opportunity to make this yours today!

Last Agent to Sell the Property

Lan 'Gloria' Xiao

RE/MAX ELITE REALTY License #01937896 Listed on: 06/08/2023

RE/MAX ELITE REALTY

Last Buyer's Agent

Lan 'Gloria' Xiao

RE/MAX ELITE REALTY License #01937896 Listed on: 06/08/2023

RE/MAX ELITE REALTY

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1988

Lot Details

  • No Common Walls
  • Front Yard

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Side Facing Garage
  • Single Garage Door
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor
  • Tile Roof

Interior Spaces

  • 2,249 Sq Ft Home
  • 2-Story Property
  • Dual Staircase
  • Living Room with Fireplace
  • Dining Room
  • Loft
  • Carpet

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Schools

  • Repetto Elementary School
  • Mark Keppel High School

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 2
  • Assessor Parcel Number 5259002085
  • $476 per year additional tax assessments

Property Details

Home Type

Condominium

Year Built

Built in 1988

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: MPR2YY
  • Architectural Style: Contemporary
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5259002085
  • Year Built: 1988
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2249.00 Square Feet
  • Interior Amenities: 2 Staircases
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Dining Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 455.76
  • Room Type: All Bedrooms Up, Kitchen, Loft, Master Bathroom, Master Bedroom, Master Suite, Walk-In Closet
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Pool Private: No
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, Garage, Garage Faces Side, Garage - Single Door, Private
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Water Heater
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks

Schools

  • Elementary School: Repetto
  • High School: Mark Keppel
  • Elementary School #2: REPET
  • High School2: MARKEP

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 10381.00
  • Lot Size Acres: 0.2383
  • Latitude Manual: 34.05763100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10381.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 4822.01
  • Tax Lot: 1
  • Tax Tract Number: 002...
  • TaxOtherAnnualAssessmentAmount: 475.51

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 31, 2007
Sold by
Choi Tim Ming and Choi Amy
Bought by
Choi Tim Ming
Current Estimated Value
$1,120,550

Purchase Details

Closed on
Jan 15, 1998
Sold by
Wei Chi Pin
Bought by
Choi Tim Ming

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$101,000
Outstanding Balance
$17,498
Interest Rate
7.12%
Estimated Equity
$1,103,052

Purchase Details

Closed on
Nov 12, 1997
Sold by
Wei Liu Suchun
Bought by
Wei Chi Pin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.87%

Purchase Details

Closed on
Oct 28, 1997
Sold by
Standard Svgs Bank
Bought by
Wei Chi Pin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
6.87%

Purchase Details

Closed on
Aug 1, 1997
Sold by
Lam Tony Choi Lan and Lam Jannie Jun Yu Chen
Bought by
Standard Svgs Bank Sb

Purchase Details

Closed on
Mar 25, 1997
Sold by
Linkage Financial Group Inc
Bought by
Garsia Group Inc

Purchase Details

Closed on
Dec 16, 1993
Sold by
Foreclosure Network
Bought by
Linkage Financial Group Inc
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Choi Tim Ming -- None Available
Choi Tim Ming $225,000 American Title Ins Co
Wei Chi Pin -- American Title Ins Co
Wei Chi Pin -- American Title Ins Co
Standard Svgs Bank Sb $189,981 American Title Ins Co
Garsia Group Inc -- --
Linkage Financial Group Inc $26,123 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choi Tim Ming $101,000
Previous Owner Wei Chi Pin $160,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2023 07/27/23 Sold $1,025,000 +9.3% $456 / Sq Ft
06/19/2023 06/19/23 Pending -- -- --
06/08/2023 06/08/23 For Sale $938,000 -- $417 / 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 $13,444 $1,045,500 $738,072 $307,428
2024 $13,444 $1,025,000 $723,600 $301,400
2023 $4,755 $345,299 $138,118 $207,181
2022 $4,536 $338,529 $135,410 $203,119
2021 $4,472 $331,892 $132,755 $199,137
2019 $4,316 $322,050 $128,818 $193,232
2018 $4,265 $315,737 $126,293 $189,444
2016 $3,939 $303,479 $121,390 $182,089
2015 $3,878 $298,921 $119,567 $179,354
2014 $3,828 $293,066 $117,225 $175,841
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS23064451

California Regional Multiple Listing Service (CRMLS)

APN: 5259-002-085