NOT LISTED FOR SALE

418 N Nicholson Ave Unit A Monterey Park, CA 91755

Estimated Value: $689,000 - $809,000

3 Beds
2.5 Baths
1,500 Sq Ft
$180/mo HOA Fee

Last Sold February 25, 2022

Last sale price $650,000 $433 Per Sq Ft

Est. 17% increase in value since last sale

Current estimated payment $5,127/month

5 Days on Market

Highlights

  • Primary Bedroom Suite
  • 0.48 Acre Lot
  • Walk-In Closet
  • Ynez Elementary School Rated A-
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of February 2022

INCREDIBLE OPPORTUNITY IN CONVENIENT MONTEREY PARK LOCATION! PRICE TO SELL ! This condo is conveniently located at the heart of Monterey Park, minutes away from restaurants, shops, and parks & 10 freeway. This tastefully maintained 3 beds, 2 and a half baths open to the living room, which boasts high ceilings and a generous fireplace. It makes for a perfect place to host and enjoy. Enjoy the loft overlooking the living room, and dining room, perfect for a play space, family room, or study. Master Suite, which comes with a walk-in closet, a double-sink bathroom. The home is attached to a 2 car garage With a low monthly HOA of $180 that covers water, trash & common area maintenance. THESE HOMES WON'T LAST LONG ON THE MARKET! DO NOT DELAY! SCHEDULE AN EXCLUSIVE SHOWING TODAY!

Last Agent to Sell the Property

LEUNG TUNG NG

ASIAN REALTY GRP., INC. License #01877218 Listed on: 01/20/2022

Last Buyer's Agent

Weili Chen

Coldwell Banker George Realty License #02049692

Coldwell Banker George Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,832

Year Built

  • Built in 1979

Lot Details

  • 0.48

HOA Fees

  • $180 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Garage Door Opener

Interior Spaces

  • 1,500 Sq Ft Home
  • Living Room with Fireplace
  • Carpet

Kitchen

  • Gas Oven
  • Gas Range
  • Dishwasher

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Additional Features

  • Exterior Lighting
  • 1 Common Wall
  • Central Heating and Cooling System

Community Details

  • 8 Units
  • Nicholson Manor Association
  • Bin Qian HOA
  • Maintained Community

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 33062
  • Assessor Parcel Number 5255020034
  • $344 per year additional tax assessments

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,832

Year Built

Built in 1979

Lot Details

0

HOA Fees

$180 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: MPR3*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5255020034
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1500.00 Square Feet
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 433.33
  • Room Type: All Bedrooms Up, Kitchen, Living Room, Master Suite, Walk-In Closet

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Trash, Water
  • Association Fee: 180.00
  • Association Fee Frequency: Monthly
  • Association Name: Nicholson Manor
  • Phone: bgyyz@yahoo.com
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Street Lights
  • Association Management: Bin Qian

Schools

  • School District: Alhambra

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 21121.00
  • Lot Size Acres: 0.4849
  • Latitude Manual: 34.06687500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 21121.0000 Square Feet
  • Number Of Units In Community: 8
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4817.11
  • Tax Lot: 1
  • Tax Tract Number: 33062
  • TaxOtherAnnualAssessmentAmount: 344.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 20, 2022
Closed on
Feb 7, 2022
Sold by
Kin Lun And Fong Kwong Family Trust
Bought by
Wang Weiqing and Wu Jian
Seller's Agent
LEUNG TUNG NG
ASIAN REALTY GRP., INC.
Buyer's Agent
Weili Chen
Coldwell Banker George Realty
List Price
$628,000
Sold Price
$650,000
Premium/Discount to List
$22,000
3.5%
Current Estimated Value
$762,428

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$112,428
Avg. Annual Appreciation
4.73%
Original Mortgage
$520,000
Outstanding Balance
$484,694
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$277,734

Purchase Details

Closed on
Oct 9, 2009
Sold by
Kwong Kin Lun
Bought by
Kwong Kin Lun and Kwong Fong

Purchase Details

Closed on
Jul 7, 2000
Sold by
Char Wai T
Bought by
Kwong Kin Lun and Kwong Fong Tang
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
Wang Weiqing $650,000 Ticor Title
Wang Weiqing $650,000 Ticor Title
Kwong Kin Lun -- None Available
Kwong Kin Lun $171,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Weiqing $520,000
Closed Wang Weiqing $520,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2022 02/25/22 Sold $650,000 +3.5% $433 / Sq Ft
01/27/2022 01/27/22 For Sale $628,000 -3.4% $419 / Sq Ft
01/26/2022 01/26/22 Off Market $650,000 -- --
01/26/2022 01/26/22 For Sale $628,000 -3.4% $419 / Sq Ft
01/25/2022 01/25/22 Off Market $650,000 -- --
01/25/2022 01/25/22 Pending -- -- --
01/20/2022 01/20/22 For Sale $628,000 -- $419 / 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 $8,832 $689,783 $470,645 $219,138
2024 $8,832 $676,259 $461,417 $214,842
2023 $8,739 $663,000 $452,370 $210,630
2022 $3,334 $242,787 $109,465 $133,322
2021 $3,288 $238,027 $107,319 $130,708
2019 $3,175 $230,969 $104,137 $126,832
2018 $3,159 $226,442 $102,096 $124,346
2016 $2,930 $217,651 $98,133 $119,518
2015 $2,885 $214,382 $96,659 $117,723
2014 $2,850 $210,183 $94,766 $115,417
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS22007391

California Regional Multiple Listing Service (CRMLS)

APN: 5255-020-034