NOT LISTED FOR SALE

424 E Newmark Ave Unit C Monterey Park, CA 91755

Estimated Value: $583,751 - $658,000

2 Beds
2 Baths
1,044 Sq Ft
$170/mo HOA Fee

Last Sold September 30, 2020

Last sale price $450,000 $431 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $4,158/month

6 Days on Market

Highlights

  • Primary Bedroom Suite
  • Gated Community
  • Main Floor Bedroom
  • Monterey Vista Elementary School Rated A-
  • 1.72 Acre Lot
  • Granite Countertops

About This Home

As of September 2020

Very charming condo in a highly desirable location of Monterey Park! This very well maintained 2 bedroom / 2 bathroom end unit features laminate flooring throughout, newer kitchen with wood cabinets and granite counter tops, and great open floor plan. Front porch has private covered patio and security gate has cameras. Property includes 2 assigned parking spaces. Conveniently located near restaurants, supermarket, bank, bus stop and Mark Keppel High School.

Last Agent to Sell the Property

CRYSTAL YOUNG

Resound Properties License #01783560 Listed on: 07/28/2020

Last Buyer's Agent

GINO MAI

IRN REALTY License #01919334

IRN REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,626

Year Built

  • Built in 1972

Lot Details

  • 1 Common Wall

HOA Fees

  • $170 Monthly HOA Fees

Interior Spaces

  • 1,044 Sq Ft Home
  • Entryway
  • Combination Dining and Living Room
  • Neighborhood Views

Kitchen

  • Dishwasher
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Washer and Electric Dryer Hookup

Parking

  • Parking Available
  • Assigned Parking

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Schools

  • Mark Keppel High School

Utilities

  • Central Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Legal Lot and Block 19 / 54
  • Tax Tract Number 30041
  • Assessor Parcel Number 5259004069

Community Details

Overview

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

Recreation

  • Community Pool

Security

  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,626

Year Built

Built in 1972

Lot Details

0

HOA Fees

$170 per month

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • Security: Gated Community
  • View: Yes
  • Zoning: MPR3*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5259004069
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1044.00 Square Feet
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: In Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 431.03
  • Room Type: Entry, Kitchen, Living Room, Main Floor Bedroom, Master Suite
  • Room Kitchen Features: Granite Counters

Exterior Features

  • View: Neighborhood
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Water Heater
  • 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: Pool, Maintenance Grounds, Trash, Water
  • 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: Gutters, Sidewalks, Street Lights
  • Association Management: Ideal Property

Schools

  • School District: Alhambra
  • High School: Mark Keppel
  • High School: Mark Keppel
  • High School2: MARKEP

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: 30
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 54
  • Tax Census Tract: 4822.02
  • Tax Lot: 19
  • Tax Tract Number: 30041

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 18, 2022
Sold by
Yan Ho Lok
Bought by
Lok Yan Ho Trust
Current Estimated Value
$627,496

Purchase Details

Listed on
Jul 28, 2020
Closed on
Sep 24, 2020
Sold by
Cai Raymond Wen and Yang Susan Ying
Bought by
Ho Lok Yan
Seller's Agent
CRYSTAL YOUNG
Resound Properties
Buyer's Agent
GINO MAI
IRN REALTY
List Price
$449,000
Sold Price
$450,000
Premium/Discount to List
$1,000
0.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.95%
Original Mortgage
$350,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 15, 2013
Sold by
Chui Benson
Bought by
Cai Raymond Wen and Yang Susan Ying

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 1995
Sold by
Chui Benson and Chui Yuet Koon
Bought by
Chui Benson and Chui Benson Wai Chung

Purchase Details

Closed on
Jul 26, 1994
Sold by
Roess Frederick D and Roess Patricia
Bought by
Chui Benson
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
Lok Yan Ho Trust -- None Listed On Document
Ho Lok Yan $450,000 Stewart Title Of California
Cai Raymond Wen $272,000 Lawyers Title
Chui Benson -- --
Chui Benson $127,500 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ho Lok Yan $350,000
Previous Owner Cai Raymond Wen $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2020 09/30/20 Sold $450,000 +0.2% $431 / Sq Ft
08/03/2020 08/03/20 Pending -- -- --
07/28/2020 07/28/20 For Sale $449,000 -- $430 / 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 $6,626 $487,091 $340,206 $146,885
2024 $6,626 $477,541 $333,536 $144,005
2023 $6,404 $468,179 $326,997 $141,182
2022 $6,112 $459,000 $320,586 $138,414
2021 $6,084 $450,000 $314,300 $135,700
2020 $4,150 $306,259 $173,510 $132,749
2019 $4,033 $300,255 $170,108 $130,147
2018 $4,001 $294,369 $166,773 $127,596
2016 $3,688 $282,941 $160,298 $122,643
2015 $3,615 $278,692 $157,891 $120,801
2014 $3,568 $273,234 $154,799 $118,435
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS20150230

California Regional Multiple Listing Service (CRMLS)

APN: 5259-004-069