NOT LISTED FOR SALE

422 S Alhambra Ave Unit B Monterey Park, CA 91755

Estimated Value: $741,000 - $853,000

4 Beds
3 Baths
1,533 Sq Ft
$160/mo HOA Fee

Last Sold October 01, 2021

Last sale price $670,000 $437 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,352/month

3 Days on Market

Highlights

  • Gated Community
  • 0.86 Acre Lot
  • Neighborhood Views
  • Garvey (Richard) Intermediate School Rated A-
  • Main Floor Bedroom
  • 2 Car Direct Access Garage

About This Home

As of October 2021

This desirable condo is located in a prime neighborhood of Monterey Park in a gated community. Features 4 spacious bedrooms and 3 bathrooms. The primary suite boasts a walk-in closet and a private balcony. This unit offers an abundance of natural light with high ceiling, tons of storage, 1 bed & 1bath downstairs, a large dinning room and 2 car attached garage. Wood flooring throughout the entire living room and dinning room. Low HOA fees of $160/mo., includes water, trash, gardening and common areas. Minutes away from restaurants, parks, supermarkets & schools. Easy access to freeways and in an excellent Alhambra Unified School District.

Last Agent to Sell the Property

BENJAMIN HUNG

HUNG REALTY License #01863496 Listed on: 08/21/2021

Last Buyer's Agent

Elvia Vasquez

Keller Williams Realty Los Feliz License #01044853

Keller Williams Realty Los Feliz

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,538

Year Built

  • Built in 1984

Lot Details

  • 0.86

HOA Fees

  • $160 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Home Design

  • Tile Roof

Interior Spaces

  • 1,533 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Dining Room
  • Neighborhood Views

Kitchen

  • Built-In Range
  • Dishwasher

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

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

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 36845
  • Assessor Parcel Number 5259005121
  • $323 per year additional tax assessments

Community Details

Overview

  • 22 Units
  • Ideal Property Association, Phone Number (626) 289-8888
  • Florence HOA

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,538

Year Built

Built in 1984

Lot Details

0

HOA Fees

$160 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Security: Gated Community
  • View: Yes
  • Zoning: MPR3*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5259005121
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1533.00 Square Feet
  • Interior Amenities: Unfurnished
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 437.05
  • Room Type: Main Floor Bedroom, Walk-In Closet

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Roof: Tile

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Trash, Water
  • Association Fee: 160.00
  • Association Fee Frequency: Monthly
  • Association Name: Ideal Property
  • Phone: 626.289.8888
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Florence

Schools

  • School District: Alhambra

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 37639.00
  • Lot Size Acres: 0.8641

Multi Family

  • Lease Considered: No
  • Lot Size Area: 37639.0000 Square Feet
  • Number Of Units In Community: 22
  • Number Of Units Total: 22

Tax Info

  • Tax Census Tract: 4822.02
  • Tax Lot: 1
  • Tax Tract Number: 36845
  • TaxOtherAnnualAssessmentAmount: 323.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 21, 2021
Closed on
Sep 20, 2021
Sold by
Anny Le Van Family Trust
Bought by
Deramos Dora Olivia Magana
Seller's Agent
BENJAMIN HUNG
HUNG REALTY
Buyer's Agent
Elvia Vasquez
Keller Williams Realty Los Feliz
List Price
$623,000
Sold Price
$670,000
Premium/Discount to List
$47,000
7.54%
Current Estimated Value
$808,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$138,539
Avg. Annual Appreciation
4.59%
Original Mortgage
$532,000
Outstanding Balance
$486,186
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$313,063

Purchase Details

Closed on
May 28, 2009
Sold by
Chen Bin
Bought by
Vanannyle Gia and Anny Le Van Family Trust

Purchase Details

Closed on
Feb 19, 2009
Sold by
Vanannyle Gia
Bought by
Vanannyle Gia and Van Anny Le Gia

Purchase Details

Closed on
Nov 30, 1998
Sold by
Vanalex Vanalex H
Bought by
Vanannyle Gia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
6.76%

Purchase Details

Closed on
Mar 21, 1994
Sold by
Chou Teh Chien
Bought by
Vanalex Hung Cam and Ung Kristine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
5%
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
Deramos Dora Olivia Magana $670,000 Fidelity National Title Co
Vanannyle Gia -- None Available
Vanannyle Gia -- None Available
Vanannyle Gia -- South Coast Title
Vanalex Hung Cam $172,500 Chicago Title Insurance Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Deramos Dora Olivia Magana $532,000
Previous Owner Vanannyle $300,000
Previous Owner Vanannyle Gia $135,000
Previous Owner Vanannyle Gia $23,000
Previous Owner Vanannyle Gia $20,000
Previous Owner Vanannyle Gia $130,000
Previous Owner Vanalex Hung Cam $135,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/01/2021 10/01/21 Sold $670,000 +7.5% $437 / Sq Ft
09/03/2021 09/03/21 For Sale $623,000 -7.0% $406 / Sq Ft
08/30/2021 08/30/21 Off Market $670,000 -- --
08/25/2021 08/25/21 Pending -- -- --
08/21/2021 08/21/21 For Sale $623,000 -- $406 / 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 $9,538 $711,008 $482,849 $228,159
2024 $9,538 $697,068 $473,382 $223,686
2023 $9,217 $683,400 $464,100 $219,300
2022 $8,793 $670,000 $455,000 $215,000
2021 $3,460 $251,269 $86,135 $165,134
2020 $3,426 $248,693 $85,252 $163,441
2019 $3,331 $243,818 $83,581 $160,237
2018 $3,307 $239,039 $81,943 $157,096
2016 $3,046 $229,759 $78,762 $150,997
2015 $2,986 $226,308 $77,579 $148,729
2014 $2,949 $221,876 $76,060 $145,816
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS21181471

California Regional Multiple Listing Service (CRMLS)

APN: 5259-005-121