NOT LISTED FOR SALE

423 Florence Ave Monterey Park, CA 91755

Estimated Value: $998,000 - $1,398,036

4 Beds
4 Baths
2,316 Sq Ft
$547/Sq Ft Est. Value

Last Sold July 02, 2013

Last sale price $669,900 $289 Per Sq Ft

Est. 89% increase in value since last sale

Current estimated payment $7,597/month

3 Days on Market

Highlights

  • Laundry Room
  • Garvey (Richard) Intermediate School Rated A-
  • Heating Available

About This Home

As of July 2013

The property in desirable Monterey Park neighborhood on a quiet cult de sac walking distance to Garvey aver live in one and rent the other. Back unit vacant and is 3 bedroom and 3 bath 2 car attached garage.The back unit total remolded at 2011 year. Front unit is 1 bedroom and 1 bathroom with new window, new stucco and Newer roof with 10 years guarantee. property is turn key. Property is close to shopping, schools,restaurant, supermarket and public transportation.

Last Agent to Sell the Property

Dantes Woo

EASTAR REALTY License #01496895 Listed on: 05/15/2013

Last Buyer's Agent

Helen Chan

HUNTINGTON REALTY GROUP CO. License #00911078

Property Details

Home Type

  • Multi-Family

Lot Details

  • 7,898 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors
  • Garage Door Opener

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • 2,316 Sq Ft Home
  • Heating Available

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 3615
  • Assessor Parcel Number 5258015023

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $40
  • Insurance Expense $600
  • Water Sewer Expense $100
  • New Taxes Expense $6,000

Property Details

Home Type

Multi-Family

Lot Details

7,898 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 100.00
  • Property Type: Residential Income
  • Gardener Expense: 40.00
  • Parcel Number: 5258015023
  • Year Built: 3610
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 289.25

Exterior Features

  • Pool Private: No

Garage/Parking

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

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Laundry Features: In Garage
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7898.00
  • Lot Size Acres: 0.1810

Multi Family

  • Insurance Expense: 600.00
  • Lot Size Area: 7898.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • New Taxes Expense: 6000.00
  • Tax Lot: 14
  • Tax Tract Number: 3615
  • Tax Year: 2009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2013
Closed on
Jun 19, 2013
Sold by
Dantes Wu Louisa and Dantes Woo Kwok Leung
Bought by
Oon Ernest and Chan Wendy M
Seller's Agent
Dantes Woo
EASTAR REALTY
Buyer's Agent
Helen Chan
HUNTINGTON REALTY GROUP CO.
List Price
$688,000
Sold Price
$669,900
Premium/Discount to List
-$18,100
-2.63%
Current Estimated Value
$1,266,009

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$596,109
Avg. Annual Appreciation
5.13%
Original Mortgage
$465,000
Outstanding Balance
$330,627
Interest Rate
3.48%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$935,382

Purchase Details

Closed on
Nov 24, 2004
Sold by
Tsang Yu Ying
Bought by
Dantes Wu Louisa and Dantes Woo Kwok Leung

Purchase Details

Closed on
May 2, 2002
Sold by
Lam Hing Mo and Lin Hui Juan
Bought by
Tsang Yu Ying

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,950
Interest Rate
6.74%

Purchase Details

Closed on
Feb 19, 1999
Sold by
Lam Hing M
Bought by
Lam Hing Mo and Lin Hui Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,000
Interest Rate
6.76%

Purchase Details

Closed on
Mar 18, 1996
Sold by
Lam Hing Mo
Bought by
Lam Hing Mo and Lin Hui Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$151,900
Interest Rate
8.39%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Oon Ernest $670,000 Wfg Title Company Of Ca
Dantes Wu Louisa -- --
Tsang Yu Ying $223,000 Investors Title Company
Tsang Yu Ying -- Investors Title Company
Lam Hing Mo -- --
Lam Hing Mo -- Fidelity National Title Co
Lam Hing Mo -- South Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Oon Ernest $465,000
Previous Owner Tsang Yu Ying $155,950
Previous Owner Lam Hing Mo $143,000
Previous Owner Lam Hing Mo $151,900
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/02/2013 07/02/13 Sold $669,900 -2.6% $289 / Sq Ft
05/13/2013 05/13/13 Pending -- -- --
05/10/2013 05/10/13 For Sale $688,000 -- $297 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,260 $821,196 $612,928 $208,268
2024 $11,260 $805,095 $600,910 $204,185
2023 $10,887 $789,310 $589,128 $200,182
2022 $10,396 $773,834 $577,577 $196,257
2021 $10,346 $758,661 $566,252 $192,409
2020 $10,247 $750,883 $560,446 $190,437
2019 $9,961 $736,160 $549,457 $186,703
2018 $9,847 $721,727 $538,684 $183,043
2016 $9,066 $693,703 $517,767 $175,936
2015 $8,889 $683,284 $509,990 $173,294
2014 $8,770 $669,900 $500,000 $169,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS13087026

California Regional Multiple Listing Service (CRMLS)

APN: 5258-015-023

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