NOT LISTED FOR SALE

416 N Nicholson Ave Unit B Monterey Park, CA 91755

Estimated Value: $765,148 - $856,000

3 Beds
4 Baths
1,554 Sq Ft
$180/mo HOA Fee

Last Sold January 24, 2024

Last sale price $765,000 $492 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,746/month

93 Days on Market

Highlights

  • Peek-A-Boo Views
  • 0.48 Acre Lot
  • Community Playground
  • Ynez Elementary School Rated A-
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of January 2024

Gorgeous Two-Story Condominium Located In The Heart Of Monterey Park. With 3 Bedrooms And 4 Bathrooms, This Home Is One Of The Best Units With a Practical Backyard For Entertaining.....The Front Door Leads You Into An Open Floor Plan With a High Ceiling, Large Windows, And a Lovely Fireplace. Master Bedroom Suite Has a Walk-in Closet, Double Sinks, and Tub. The Open Kitchen Includes Wood Cabinets, Upgraded Appliances, Granite Countertops, And Tile Floor. Central A/C, Attached 2-Car Garage. This Turn-Key Home With Easy Access To 10, 60, and 605 Freeways......WELCOME TO YOUR LOVELY NEW HOME!!!

Last Agent to Sell the Property

Jason Wei

RE/MAX PREMIER/ARCADIA License #01968787 Listed on: 09/25/2023

RE/MAX PREMIER/ARCADIA

Last Buyer's Agent

Xiao Yan Zhang

Pinnacle Real Estate Group License #02223186

Pinnacle Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,326

Year Built

  • Built in 1979

Lot Details

  • 0.48

HOA Fees

  • $180 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,554 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Peek-A-Boo Views
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 33062
  • Assessor Parcel Number 5255020031

Community Details

Overview

  • Master Insurance
  • 4 Units
  • Nicholson Manor Homeowners Association, Phone Number (626) 400-9085
  • Bin Qian HOA

Recreation

  • Community Playground

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,326

Year Built

Built in 1979

Lot Details

0

HOA Fees

$180 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: MPR3*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5255020031
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1554.00 Square Feet
  • Stories: 2
  • Entry Location: First Level
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 492.28
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Peek-A-Boo
  • 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: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Playground, Insurance, Trash
  • Association Fee: 180.00
  • Association Fee Frequency: Monthly
  • Association Name: Nicholson manor homeowners association
  • Phone: 6264009085
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs
  • Association Management: Bin Qian

Schools

  • School District: More Than 1 District - Call L/O

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 21121.00
  • Lot Size Acres: 0.4849

Multi Family

  • Lease Considered: No
  • Lot Size Area: 21121.0000 Square Feet
  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Tax Info

  • Tax Census Tract: 4817.11
  • Tax Lot: 1
  • Tax Tract Number: 33062

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 25, 2023
Closed on
Jan 2, 2024
Sold by
Qian Bin and Yan Youzhen
Bought by
Wan Ming and Huang Yin
Seller's Agent
Jason Wei
RE/MAX PREMIER/ARCADIA
Buyer's Agent
Xiao Yan Zhang
Pinnacle Real Estate Group
List Price
$760,000
Sold Price
$765,000
Premium/Discount to List
$5,000
0.66%
Views
853
Current Estimated Value
$817,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$52,787
Avg. Annual Appreciation
3.89%
Original Mortgage
$573,750
Outstanding Balance
$564,266
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$253,522

Purchase Details

Closed on
Apr 28, 1999
Sold by
Yeung Philip K
Bought by
Qian Bin and Yan Youzhen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.94%

Purchase Details

Closed on
Apr 12, 1999
Sold by
Yeung Clement Kim Man
Bought by
Yeung Philip Kim Ho

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$72,000
Interest Rate
6.94%

Purchase Details

Closed on
Jan 26, 1999
Sold by
Wong Phillip F Yeung, Susanna H
Bought by
Yeung Philip Kim Ho and Yeung Clement Kim Man
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Wan Ming $765,000 Wfg National Title
Qian Bin $147,000 Southland Title
Yeung Philip Kim Ho -- Southland Title
Yeung Philip Kim Ho -- Southland Title
Yeung Philip Kim Ho -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wan Ming $573,750
Previous Owner Qian Bin $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/24/2024 01/24/24 Sold $765,000 +0.7% $492 / Sq Ft
12/28/2023 12/28/23 For Sale $760,000 -0.7% $489 / Sq Ft
12/24/2023 12/24/23 Off Market $765,000 -- --
11/09/2023 11/09/23 Price Changed $760,000 -2.6% $489 / Sq Ft
09/25/2023 09/25/23 For Sale $780,000 -- $502 / 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 $3,326 $780,300 $550,494 $229,806
2024 $3,326 $240,345 $72,222 $168,123
2023 $3,258 $235,633 $70,806 $164,827
2022 $3,108 $231,014 $69,418 $161,596
2021 $3,112 $226,485 $68,057 $158,428
2019 $2,955 $206,570 $66,040 $140,530
2018 $2,771 $202,521 $64,746 $137,775
2016 $2,569 $194,659 $62,233 $132,426
2015 $2,528 $191,736 $61,299 $130,437
2014 $2,498 $187,981 $60,099 $127,882
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS23178817

California Regional Multiple Listing Service (CRMLS)

APN: 5255-020-031