$470,000
SOLD MAY 13, 2016

425 E Graves Ave Unit D Monterey Park, CA 91755

3 Beds
2.5 Baths
1,579 Sq Ft
$150/mo HOA Fee

Recently Sold

$298 Per Sq Ft

1% Above List Price

12 Days on Market

Highlights

  • Primary Bedroom Suite
  • Property is near a park
  • Granite Countertops
  • Garvey (Richard) Intermediate School Rated A-
  • Bonus Room
  • 2 Car Direct Access Garage

About This Home

As of May 2016

Immaculately-maintained and spacious condo conveniently nestled close to Garvey Ranch Park, 10 Freeway, Garvey Avenue with many restaurants, retail shops, etc.....Bright and airy throughout.....The spacious living room features a fireplace and wet bar.....The large remodeled kitchen offers granite countertops and ample cabinets for storage.....The formal dining area is adjacent to the kitchen and wet bar.....The over-sized master suite offers a dual sink vanity with granite countertop.....Gleaming laminated wood flooring throughout.....Central air and heat system.....Low $150/month HOA dues covers fire insurance, water, trash pick-up, gardening, and common area maintenance + $150/month special assessment for termite fumigation.....2-Car attached garage with automatic roll-up door plus 1 assigned guest parking space.

Last Agent to Sell the Property

Pearl Chen

Compass License #01005527 Listed on: 03/02/2016

Compass

Last Buyer's Agent

Xujing Zheng

Re/Max Premier Prop Arcadia License #01977285

Re/Max Premier Prop Arcadia

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,556

Year Built

  • Built in 1981

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Single Garage Door
  • Garage Door Opener
  • Guest Parking
  • Assigned Parking

Home Design

  • Turnkey

Interior Spaces

  • 1,579 Sq Ft Home
  • Wet Bar
  • Blinds
  • Living Room with Fireplace
  • Bonus Room
  • Window Bars

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Granite Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom Suite

Location

  • Property is near a park
  • Suburban Location

Additional Features

  • Two or More Common Walls
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 40216
  • Assessor Parcel Number 5259005087

Community Details

Overview

  • Master Insurance
  • 9 Units
  • Maintained Community

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,556

Year Built

Built in 1981

Lot Details

0

HOA Fees

$150 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
  • View: No
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5259005087
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1579.00
  • Interior Amenities: Granite Counters, Wet Bar
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 297.66
  • Room Type: Bonus Room, Living Room, Master Suite
  • Window Features: Blinds

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Direct Garage Access, Garage, Garage Door Opener, Guest, Garage - Single Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Appliances: Gas Oven, Gas Range, Gas Cooktop, Range Hood
  • Heating Type: Forced Air
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Dues Paid Monthly, Insurance, Maintenance Grounds, Trash, Water
  • Association Fee: 150.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks, Suburban

Schools

  • School District: Alhambra

Lot Info

  • Lot Features: Park Nearby

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 9
  • Number Of Units Total: 9

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 40216

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 2, 2016
Closed on
Mar 14, 2016
Sold by
Li Yin Qiu
Bought by
Huang Huimin
Seller's Agent
Pearl Chen
Compass
Buyer's Agent
Xujing Zheng
Re/Max Premier Prop Arcadia
List Price
$465,000
Sold Price
$470,000
Premium/Discount to List
$5,000
1.08%
Current Estimated Value
$803,134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$333,134
Avg. Annual Appreciation
5.91%

Purchase Details

Listed on
Nov 2, 2012
Closed on
Nov 20, 2012
Sold by
Sun Yu Yeh
Bought by
Li Yin Qiu
Seller's Agent
Watson Gan
eXp Realty of California Inc
Buyer's Agent
LEON SUN
IRN REALTY
List Price
$388,000
Sold Price
$420,000
Premium/Discount to List
$32,000
8.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.42%
Original Mortgage
$336,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 10, 2003
Sold by
Lee Tak Hai
Bought by
Sun Yu Yeh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.2%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 27, 2003
Sold by
Sun Yu Yeh
Bought by
Lee Tak Hoi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 6, 1994
Sold by
Liu David E and Liu Fuli
Bought by
Sun Yu Yeh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,800
Interest Rate
8.56%
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $470,000 Lawyers Title
Grant Deed $420,000 Fatcola
Interfamily Deed Transfer -- --
Grant Deed $295,000 Stewart Title Of Ca Inc
Grant Deed $158,500 Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $20,000 Future Advance Clause Open End Mortgage
Previous Owner $336,000 New Conventional
Previous Owner $263,850 New Conventional
Previous Owner $310,000 Unknown
Previous Owner $236,000 Unknown
Previous Owner $236,000 Purchase Money Mortgage
Previous Owner $163,200 Unknown
Previous Owner $126,000 Unknown
Previous Owner $126,800 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/24/2017 07/24/17 Rented $2,250 -10.0% --
06/16/2017 06/16/17 For Rent $2,500 +6.4% --
05/19/2016 05/19/16 Rented $2,350 -6.0% --
05/17/2016 05/17/16 For Rent $2,500 0.0% --
05/13/2016 05/13/16 Sold $470,000 +1.1% $298 / Sq Ft
03/14/2016 03/14/16 Pending -- -- --
03/02/2016 03/02/16 For Sale $465,000 +10.7% $294 / Sq Ft
01/10/2013 01/10/13 Sold $420,000 +8.2% $266 / Sq Ft
11/17/2012 11/17/12 Pending -- -- --
11/02/2012 11/02/12 For Sale $388,000 -- $246 / 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 $7,556 $556,378 $310,744 $245,634
2024 $7,556 $545,469 $304,651 $240,818
2023 $7,303 $534,775 $298,678 $236,097
2022 $6,970 $524,290 $292,822 $231,468
2021 $6,936 $514,011 $287,081 $226,930
2019 $6,675 $498,767 $278,567 $220,200
2018 $6,650 $488,988 $273,105 $215,883
2016 $5,702 $436,896 $246,014 $190,882
2015 $5,591 $430,334 $242,319 $188,015
2014 $5,515 $421,906 $237,573 $184,333
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR16043832

California Regional Multiple Listing Service (CRMLS)

APN: 5259-005-087