NOT LISTED FOR SALE

422 E Newmark Ave Unit E Monterey Park, CA 91755

Estimated Value: $637,091 - $736,000

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

Last Sold April 24, 2018

Last sale price $520,000 $422 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $4,384/month

7 Days on Market

Highlights

  • 74,863 Sq Ft lot
  • Multi-Level Bedroom
  • Neighborhood Views
  • Monterey Vista Elementary School Rated A-
  • Main Floor Bedroom
  • Community Pool

About This Home

As of April 2018

Welcome to 422 E. Newmark Avenue. This centrally located property in the desirable city of Monterey Park is looking for a new owner. Don’t miss this Amazing opportunity to turn this blank canvas into a masterpiece. Desirable lower level unit features private front patio, with artificial turf for easy maintenance, which is great for entertaining or to just relax and enjoy a cup of Tea after a hard day of work. This 2-story unit has 3 bedrooms and 2 baths. One bedroom is conveniently located downstairs which is great for guest, in-laws or you can convert into an office space. All bedrooms have ample closet space. Property is move in ready with new carpet, recently painted, new dishwasher and new washer and dryer which are included in the sale. Washer/Dryer hook ups located in the lower level. The low HOA fee of $170 will make this property very appealing. Complex is very quiet and properly maintained. Sought after Alhambra Unified schools such as Monterey Vista Elementary and Mark Keppel High are minutes away. Conveniently located to shopping Amenities such as Atlantic Square, restaurants, and located between 10 & 60 fwy for easy commutes. Come see all the great things this home and the City of Monterey Park have to offer.

Last Agent to Sell the Property

George Cordova

EXP REALTY OF CALIFORNIA INC License #01886156 Listed on: 03/12/2018

EXP REALTY OF CALIFORNIA INC

Last Buyer's Agent

Stanley Huang

iBuilder Group License #01335991

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1972

Lot Details

  • 1 Common Wall
  • Density is 21-25 Units/Acre

HOA Fees

  • $170 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 1,232 Sq Ft Home
  • 2-Story Property
  • Neighborhood Views
  • Ceramic Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Multi-Level Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Outdoor Features

  • Patio
  • Exterior Lighting

Schools

  • Mark Keppel High School

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 30041
  • Assessor Parcel Number 5259004073

Community Details

Overview

  • 30 Units
  • Casa Del Sol Association, Phone Number (626) 289-8888
  • Maintained Community

Recreation

  • Community Pool

Security

  • Controlled Access

Property Details

Home Type

Condominium

Year Built

Built in 1972

Lot Details

0

HOA Fees

$170 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: MPR3*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5259004073
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1232.00 Square Feet
  • Interior Amenities: Ceramic Counters
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Laminate
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 422.08
  • Room Type: Laundry, Main Floor Bedroom, Master Bathroom, Master Bedroom, Multi-Level Bedroom, Walk-In Closet

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Patio
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Maintenance Grounds, Trash, Dues Paid Monthly, Call for Rules, Controlled Access
  • Association Fee: 170.00
  • Association Fee Frequency: Monthly
  • Association Name: Casa Del Sol
  • Phone: (626) 289-8888
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • High School: Mark Keppel
  • High School2: MARKEP

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 21-25 Units/Acre
  • Lot Size Sq Ft: 74863.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 30
  • Number Of Units Total: 1

Tax Info

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 12, 2018
Closed on
Apr 12, 2018
Sold by
Zamora Aifonso C
Bought by
Zhou Long
Seller's Agent
George Cordova
EXP REALTY OF CALIFORNIA INC
Buyer's Agent
Stanley Huang
iBuilder Group
List Price
$468,800
Sold Price
$520,000
Premium/Discount to List
$51,200
10.92%
Current Estimated Value
$678,523

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$158,523
Avg. Annual Appreciation
3.52%
Original Mortgage
$416,000
Outstanding Balance
$357,919
Interest Rate
4.46%
Mortgage Type
New Conventional
Estimated Equity
$320,604

Purchase Details

Closed on
Dec 26, 2011
Sold by
Zamora Alfonso C and Zamora Rose C
Bought by
Zamora Alfonso C and Zamora Rose C

Purchase Details

Closed on
Oct 15, 2011
Sold by
Zamora Vivian and Alfonzo Zamora Jr Revocable Tr
Bought by
Zamora Alfonso C and Russo Carol Ann

Purchase Details

Closed on
Aug 25, 2005
Sold by
Zamora Alfonso C
Bought by
Zamora Alfonso C

Purchase Details

Closed on
Oct 13, 2003
Sold by
The Alfonzo Zamora Jr Revocable Trust
Bought by
Zamora Alfonso C

Purchase Details

Closed on
Mar 27, 2002
Sold by
Zamora Alfonzo
Bought by
Zamora Alfonzo and Alfonzo Zamora Jr Revocable Trust
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
Zhou Long $520,000 Ticor Title Co
Zamora Alfonso C -- None Available
Zamora Alfonso C -- None Available
Zamora Alfonso C -- --
Zamora Alfonso C -- --
Russo Carol Ann -- --
Zamora Alfonso C -- --
Zamora Alfonzo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhou Long $416,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/24/2018 04/24/18 Sold $520,000 +10.9% $422 / Sq Ft
03/19/2018 03/19/18 Pending -- -- --
03/12/2018 03/12/18 For Sale $468,800 -- $381 / 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 $7,990 $591,665 $420,994 $170,671
2024 $7,990 $580,065 $412,740 $167,325
2023 $7,721 $568,693 $404,648 $164,045
2022 $7,368 $557,543 $396,714 $160,829
2021 $7,335 $546,612 $388,936 $157,676
2020 $7,264 $541,008 $384,948 $156,060
2019 $7,059 $530,400 $377,400 $153,000
2018 $908 $55,532 $15,052 $40,480
2016 $852 $53,377 $14,468 $38,909
2015 $835 $52,576 $14,251 $38,325
2014 $831 $51,547 $13,972 $37,575
Source: Public Records

Agents Affiliated with this Home

  • George Cordova

    Seller's Agent in 2018

    George Cordova

    EXP REALTY OF CALIFORNIA INC

    (626) 485-4341

    49 Total Sales

    George Cordova
    Section Image

  • S

    Buyer's Agent in 2018

    Stanley Huang

    iBuilder Group

    (626) 607-0382

    20 Total Sales

    Stanley Huang
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18050443

California Regional Multiple Listing Service (CRMLS)

APN: 5259-004-073

California Los Angeles County Monterey Park 91755

422 E Newmark Ave Unit E, Monterey Park, CA

Not Listed for Sale

Condos

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