NOT LISTED FOR SALE

421 S Garfield Ave Unit 51 Monterey Park, CA 91754

Estimated Value: $551,252 - $586,000

2 Beds
2 Baths
979 Sq Ft
$185/mo HOA Fee

Last Sold December 06, 2022

Last sale price $477,317 $488 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $3,586/month

3 Days on Market

Highlights

  • Gated with Attendant
  • Primary Bedroom Suite
  • 1.54 Acre Lot
  • Senior Community
  • City Lights View
  • Open Floorplan

About This Home

As of December 2022

Located in a gated and well-maintained senior community, this unit has elevator access from the parking garage. Walking distance to library, City Hall, park, medical buildings, restaurants, and markets. Unit 51 is an end unit on the 2nd floor with a view of the park & hilly scenery both from the living room and master bedroom. The spacious kitchen opens to the living & dining room. New stainless-steel refrigerator, new electric stove/oven, new dishwasher, new range hood, new kitchen sink/faucet/garbage disposal, new dining lights, and all new window blinds. Fresh paint thru out. The master suite features a walk-in closet and a full bathroom. New toilets in both bathrooms. An extra-large closet is in the hallway. Stackable washer/dryer closet & water heater closets are on both ends of the balcony. One underground assigned parking space is near the elevator. Plenty of guest parking is available in the garage. HOA ($185/ Mo) includes water, trash, gardening, property management, and insurance. There are no age or income restrictions on the buyer, only one of the occupants must be 55+ years old with low or moderate income as required by the City of Monterey Park. Since this is a gated and secured community, please call or text the listing agent to arrange and schedule the showing.

Last Agent to Sell the Property

Elsa Roth

Richard Roth, Broker License #00967818 Listed on: 07/28/2022

Last Buyer's Agent

Clayton Tom

Act Realty Group License #01707471

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $3,812

Year Built

  • Built in 2007 | Remodeled

Lot Details

  • 1 Common Wall
  • Block Wall Fence
  • Back and Front Yard

HOA Fees

  • $185 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Detached Carport Space
  • Parking Available

Property Views

  • City Lights
  • Courtyard

Home Design

  • Contemporary Architecture
  • Flat Roof Shape
  • Combination Foundation
  • Fire Rated Drywall
  • Pre-Cast Concrete Construction
  • Plaster
  • Stucco

Interior Spaces

  • 979 Sq Ft Home
  • 4-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Blinds
  • Living Room
  • Bamboo Flooring

Kitchen

  • Eat-In Kitchen
  • Electric Range
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Accessible Home Design

  • No Interior Steps
  • Accessible Parking

Outdoor Features

  • Living Room Balcony
  • Patio
  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near a park

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 54229
  • Assessor Parcel Number 5257012131
  • $273 per year additional tax assessments

Community Details

Overview

  • Senior Community
  • 87 Units
  • Lbpm Association, Phone Number (626) 289-8888

Additional Features

  • Clubhouse
  • Gated with Attendant

Property Details

Home Type

Condominium

Est. Annual Taxes

$3,812

Year Built

Built in 2007 | Remodeled

Lot Details

0

HOA Fees

$185 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Other Phone Description: 7145104888
  • Property Attached: Yes
  • Road Surface Type: Maintained, Paved
  • Security: Gated with Attendant
  • Subdivision Name Other: Villa Garfield
  • View: Yes
  • Zoning: MPC4*
  • Architectural Style: Contemporary
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5257012131
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 979.00 Square Feet
  • Interior Amenities: Balcony, Elevator, Granite Counters, Living Room Balcony, Open Floorplan, Recessed Lighting
  • Stories: 4
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Flooring: Bamboo
  • Accessibility Features: No Interior Steps, Parking
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Below Grade Sq Ft: 1.00
  • Eating Area: Area
  • Entry Level: 2
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 487.56
  • Room Type: Living Room, Master Suite, Two Masters, Walk-In Closet
  • Window Features: Blinds
  • Bathroom Features: Bathtub, Exhaust Fan(s), Granite Counters
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Foundation: Combination
  • Exterior Features: Rain Gutters
  • View: City Lights, Courtyard
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Flat
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls, Plaster, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Detached Carport, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range, ENERGY STAR Qualified Appliances, Disposal, Refrigerator, Vented Exhaust Fan, Water Heater
  • Electric: Electricity - On Property, Standard
  • Heating Type: Central
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Clubhouse
  • Association Fee: 185.00
  • Association Fee Frequency: Monthly
  • Association Name: LBPM
  • Phone: 6262898888
  • Senior Community: Yes
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: LBPM

Schools

  • School District: Alhambra

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: Back Yard, Front Yard, Park Nearby
  • Lot Size Sq Ft: 66924.00
  • Lot Size Acres: 1.5364

Multi Family

  • Lease Considered: No
  • Lot Size Area: 66924.0000 Square Feet
  • Number Of Units In Community: 87
  • Number Of Units Total: 81

Tax Info

  • Tax Census Tract: 4822.01
  • Tax Lot: 1
  • Tax Tract Number: 54229
  • TaxOtherAnnualAssessmentAmount: 273.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 2, 2023
Sold by
Chin Julie
Bought by
Julie Chin Living Trust and Chin
Current Estimated Value
$567,063

Purchase Details

Listed on
Jul 28, 2022
Closed on
Oct 18, 2022
Sold by
Mao Realty Trust
Bought by
John Young Chin And Julie Chin Revocable Trus
Seller's Agent
Elsa Roth
Richard Roth, Broker
Buyer's Agent
Clayton Tom
Act Realty Group
List Price
$517,000
Sold Price
$477,317
Premium/Discount to List
-$39,683
-7.68%
Views
27

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.93%

Purchase Details

Closed on
Nov 30, 2016
Sold by
Mao Morgan G and Mao Charlotte L
Bought by
Mao Michael and Mao Peter

Purchase Details

Closed on
Nov 12, 2014
Sold by
Villa Garfield Inc
Bought by
Mao Morgan G and Mao Charlotte L
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
Julie Chin Living Trust -- None Listed On Document
Chin Julie -- None Listed On Document
John Young Chin And Julie Chin Revocable Trus -- First American Title
Mao Michael -- None Available
Mao Morgan G -- Wfg Title Company
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/06/2022 12/06/22 Sold $477,317 -7.7% $488 / Sq Ft
08/01/2022 08/01/22 Pending -- -- --
07/28/2022 07/28/22 For Sale $517,000 -- $528 / 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 $3,812 $290,852 $57,706 $233,146
2024 $3,812 $285,150 $56,575 $228,575
2023 $5,031 $375,427 $209,662 $165,765
2022 $4,793 $368,066 $205,551 $162,515
2021 $4,735 $360,850 $201,521 $159,329
2019 $4,566 $350,149 $195,545 $154,604
2018 $4,590 $343,284 $191,711 $151,573
2016 $4,251 $329,955 $184,267 $145,688
2015 $4,185 $325,000 $181,500 $143,500
2014 $3,702 $283,534 $27,867 $255,667
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: OC22157064

California Regional Multiple Listing Service (CRMLS)

APN: 5257-012-131