NOT LISTED FOR SALE

422 E Newmark Ave Unit B Monterey Park, CA 91755

Estimated Value: $607,000 - $693,000

3 Beds
2 Baths
1,232 Sq Ft
$170/mo HOA Fee

Last Sold March 11, 2022

Last sale price $550,000 $446 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $4,215/month

10 Days on Market

Highlights

  • 1.72 Acre Lot
  • Community Pool
  • Laundry Room
  • Monterey Vista Elementary School Rated A-
  • Galley Kitchen
  • Central Heating and Cooling System

About This Home

As of March 2022

Very convenient located in the City of Monterey Park, low association dues cover water, trash and insurance. Unit needs work, please do your dual diligent before submit your offer, make the best and most comfortable offer, don't ask how much is the highest offer, seller will go through offers and makes decision.

Last Agent to Sell the Property

Reling Wong

Opulence Realty License #01183159 Listed on: 01/29/2022

Last Buyer's Agent

Cindy Shiao

IRN REALTY License #01367791

IRN REALTY

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1972

Lot Details

  • 1.72

HOA Fees

  • $170 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • 1,232 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom

Additional Features

  • Galley Kitchen
  • Laundry Room
  • Two or More Common Walls
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 30041
  • Assessor Parcel Number 5259004076
  • $319 per year additional tax assessments

Community Details

Overview

  • 33 Units
  • Casa Del Sol Association, Phone Number (626) 289-8888

Recreation

  • Community Pool
  • Community Spa

Property Details

Home Type

Condominium

Year Built

Built in 1972

Lot Details

0

HOA Fees

$170 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: MPR3*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5259004076
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1232.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 446.43
  • Room Type: Galley Kitchen

Exterior Features

  • Pool Features: Association
  • Pool Private: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Spa/Hot Tub
  • Association Fee: 170.00
  • Association Fee Frequency: Monthly
  • Association Name: Casa Del Sol
  • Phone: 626-289-8888
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Suburban
  • Association Management: Casa Del Sol

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 74863.00
  • Lot Size Acres: 1.7186

Multi Family

  • Lease Considered: No
  • Lot Size Area: 74863.0000 Square Feet
  • Number Of Units In Community: 33
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4822.02
  • Tax Lot: 1
  • Tax Tract Number: 30041
  • TaxOtherAnnualAssessmentAmount: 319.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 29, 2022
Closed on
Feb 28, 2022
Sold by
Wong Yeung Lai Chu
Bought by
Zhao Fang and Zhou Rongrong
Seller's Agent
Reling Wong
Opulence Realty
Buyer's Agent
Cindy Shiao
IRN REALTY
List Price
$489,000
Sold Price
$550,000
Premium/Discount to List
$61,000
12.47%
Current Estimated Value
$648,504

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$98,504
Avg. Annual Appreciation
4.41%
Original Mortgage
$440,000
Outstanding Balance
$411,102
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$237,402

Purchase Details

Closed on
Jul 1, 2003
Sold by
Woods Marian D and Woods Family Trust
Bought by
Yeung Lai Chu Wong

Purchase Details

Closed on
Apr 4, 1996
Sold by
Woods Marian D
Bought by
Woods Marian D and Woods Family Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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
Zhao Fang $550,000 Western Resources Title
Yeung Lai Chu Wong $230,000 Investors Title Company
Woods Marian D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhao Fang $440,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/11/2022 03/11/22 Sold $550,000 +12.5% $446 / Sq Ft
01/29/2022 01/29/22 For Sale $489,000 -- $397 / 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 $7,886 $583,663 $386,385 $197,278
2024 $7,886 $572,219 $378,809 $193,410
2023 $7,621 $561,000 $371,382 $189,618
2022 $4,221 $308,135 $186,624 $121,511
2021 $4,197 $302,094 $182,965 $119,129
2019 $4,043 $293,136 $177,539 $115,597
2018 $4,013 $287,389 $174,058 $113,331
2016 $3,700 $276,231 $167,300 $108,931
2015 $3,628 $272,082 $164,787 $107,295
2014 $3,582 $266,754 $161,560 $105,194
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: WS22018277

California Regional Multiple Listing Service (CRMLS)

APN: 5259-004-076