NOT LISTED FOR SALE

427 E Emerson Ave Monterey Park, CA 91755

Estimated Value: $1,090,293 - $1,262,000

3 Beds
3 Baths
1,826 Sq Ft
$640/Sq Ft Est. Value

Last Sold January 20, 2017

Last sale price $788,000 $432 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $7,176/month

22 Days on Market

Highlights

  • Open Floorplan
  • No HOA
  • Open Patio
  • Garvey (Richard) Intermediate School Rated A-
  • 2 Car Direct Access Garage
  • Laundry Room

About This Home

As of January 2017

Immaculate home at a great location. Just a few steps to Sierra Vista Park with children play ground. Walking distance to Mark Keppel High School, business district on Garvey Avenue, and public transportation. A rare find spacious & bright home with 3 bedrooms & 3 FULL baths. Front of the property faces South. Truly, a home of space & comfort for you to enjoy with family and friends. Gated property with nice wrought iron fence and automatic driveway gate. Double entry doors. Large formal entry area. Bright & spacious living room with fireplace. Great family room adjoins the formal dining room and kitchen. 2 spacious master bedrooms with large closets. Spacious side yard and back yard with open patio. New interior paint. You don't want to miss this beautifully remodeled home in move-in condition. Come & see it soon.

Last Agent to Sell the Property

David Chu

RE/MAX PREMIER/SANMARINO License #01002945 Listed on: 11/10/2016

RE/MAX PREMIER/SANMARINO

Last Buyer's Agent

David Chu

RE/MAX PREMIER/SANMARINO License #01002945 Listed on: 11/10/2016

RE/MAX PREMIER/SANMARINO

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,310

Year Built

  • Built in 1947 | Remodeled

Lot Details

  • 7,057 Sq Ft Lot
  • South Facing Home
  • Level Lot
  • Back and Front Yard
  • Property is zoned MPR2YY

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Driveway
  • Automatic Gate

Home Design

  • Turnkey
  • Tile Roof

Interior Spaces

  • 1,826 Sq Ft Home
  • Open Floorplan
  • Formal Entry
  • Family Room
  • Living Room with Fireplace
  • Carpet

Kitchen

  • Free-Standing Range
  • Range Hood
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Open Patio
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 1179
  • Assessor Parcel Number 5258008017

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,310

Year Built

Built in 1947 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Automatic Gate
  • View: No
  • Zoning: MPR2YY
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5258008017
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1826.00 Square Feet
  • Interior Amenities: Open Floorplan
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 431.54
  • Room Type: Family Room, Formal Entry, Kitchen, Living Room, Master Bathroom, Master Bedroom

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Patio And Porch Features: Patio Open
  • Pool Private: No
  • Roof: Tile

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Range Hood
  • Heating Type: Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Level
  • Lot Size Sq Ft: 7057.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 4817.12
  • Tax Lot: 17
  • Tax Tract Number: 1179

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2016
Closed on
Dec 19, 2016
Sold by
Yu Andrew Heng Kuang
Bought by
Lu Stella Weizhen
Seller's Agent
David Chu
RE/MAX PREMIER/SANMARINO
Buyer's Agent
David Chu
RE/MAX PREMIER/SANMARINO
List Price
$768,000
Sold Price
$788,000
Premium/Discount to List
$20,000
2.6%
Current Estimated Value
$1,168,073

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,073
Avg. Annual Appreciation
4.54%
Original Mortgage
$474,500
Outstanding Balance
$405,840
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$762,233

Purchase Details

Closed on
Dec 18, 2009
Sold by
Hu Shyr Ing and Hu Ellie Y
Bought by
Yu Andrew Heng Kuang
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Lu Stella Weizhen $788,000 Fidelity Sherman Oaks
Yu Andrew Heng Kuang $110,000 Advantage Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lu Stella Weizhen $474,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2017 01/20/17 Sold $788,000 +2.6% $432 / Sq Ft
12/02/2016 12/02/16 Pending -- -- --
11/10/2016 11/10/16 For Sale $768,000 -- $421 / 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 $12,310 $914,536 $682,422 $232,114
2024 $12,310 $896,605 $669,042 $227,563
2023 $11,897 $879,025 $655,924 $223,101
2022 $11,353 $861,790 $643,063 $218,727
2021 $11,304 $844,893 $630,454 $214,439
2019 $10,878 $819,835 $611,755 $208,080
2018 $10,816 $803,760 $599,760 $204,000
2016 $6,175 $476,548 $304,340 $172,208
2015 $6,053 $469,391 $299,769 $169,622
2014 $5,970 $460,197 $293,897 $166,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS16744156

California Regional Multiple Listing Service (CRMLS)

APN: 5258-008-017