NOT LISTED FOR SALE

430 W Graves Ave Monterey Park, CA 91754

Estimated Value: $868,000 - $1,059,284

3 Beds
2 Baths
1,550 Sq Ft
$611/Sq Ft Est. Value

Last Sold April 10, 2018

Last sale price $599,000 $386 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $5,696/month

6 Days on Market

Highlights

  • Guest House
  • Mountain View
  • Traditional Architecture
  • Repetto Elementary School Rated A-
  • Deck
  • 3-minute walk to Barnes Park

About This Home

As of April 2018

OPPORTUNITY KNOCKS!!! DO YOU HEAR IT?? LOOKING FOR SOMETHING WITH UPSIDE POTENTIAL? Prime location is just the start of the good news here! Money Magazine ranks Monterey park as the #3 best place to live in California! This Duplex (on the tax roll) is actually two separate houses on one lot. The front home offers 2 spacious bedrooms and 1 bath and the house to the rear offers 1 bedroom and 1 bath! The front house has a large deck over the garage with beautiful views of the mountains. The back house has a covered patio! To the rear is a yard with miscellaneous fruit trees. This property will need a little TLC but has sooo much potential!!

Last Agent to Sell the Property

Kellee Spillman-Malone

Reliable Realty Inc. License #01226866 Listed on: 01/19/2018

Last Buyer's Agent

Kellee Spillman-Malone

Reliable Realty Inc. License #01226866 Listed on: 01/19/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,907

Year Built

  • Built in 1942

Lot Details

  • 7,810 Sq Ft Lot
  • No Common Walls
  • Fenced
  • Fence is in average condition

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage

Home Design

  • Duplex
  • Traditional Architecture
  • Tile Roof
  • Pre-Cast Concrete Construction
  • Stucco

Interior Spaces

  • 1,550 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Family or Dining Combination
  • Mountain Views
  • Tile Countertops
  • Laundry Room

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • All Upper Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub

Outdoor Features

  • Deck
  • Covered Patio or Porch

Additional Homes

  • Guest House

Utilities

  • Central Air
  • Wall Furnace
  • Natural Gas Connected

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 2135
  • Assessor Parcel Number 5263003018

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,907

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: MPR1*
  • Architectural Style: Traditional
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 5263003018
  • Year Built: 1942
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1550.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: In Family Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 386.45
  • Room Type: All Bedrooms Up
  • Bathroom Features: Bathtub
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Other Structures: Guest House
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Average Condition
  • Patio And Porch Features: Covered, Deck, Porch
  • Pool Private: No
  • Roof: Tile
  • Construction Materials: Concrete, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage Faces Front
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Connected, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace, Fireplace(s)
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7810.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4821.02
  • Tax Lot: 23
  • Tax Tract Number: 2135

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 18, 2020
Sold by
Lam-Chen Family Trust and Lam Ken
Bought by
Chen Simon Chris
Current Estimated Value
$946,571

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$422,900
Outstanding Balance
$376,507
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$570,064

Purchase Details

Closed on
Jan 14, 2020
Sold by
Lam Ken and Chen Tanya H
Bought by
Lam Ken and Chen Tanya Hang

Purchase Details

Closed on
Feb 1, 2018
Sold by
Loredo Lily and Estatc Of Arthur Plasencia
Bought by
Lam Ken and Chen Tanya H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$430,000
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2004
Sold by
Lambo Norma M and Norma M Lambo Living Trust
Bought by
Lambo Plasencia Norma and Plasencia Arthur

Purchase Details

Closed on
Sep 17, 2004
Sold by
Lambo Plasencia Norma and Lambo Norma M
Bought by
Lambo Norma M and Norma M Lambo Living Trust

Purchase Details

Closed on
Jul 13, 2004
Sold by
Lambo Plasencia Norma
Bought by
Lambo Plasencia Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 27, 2002
Sold by
Plasencia Arthur and Plasencia Family Trust
Bought by
Lambo Plasencia Norma
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
Chen Simon Chris -- Pacific Coast Title
Lam Ken -- None Available
Lam Ken $599,000 Lawyers Title
Lambo Plasencia Norma -- --
Lambo Norma M -- --
Lambo Plasencia Norma -- Orange Coast Title Company
Lambo Plasencia Norma -- --
Lambo Plasencia Norma -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Simon Chris $422,900
Previous Owner Lam Ken $430,000
Previous Owner Lambo Plasencia Norma $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2018 04/10/18 Sold $599,000 0.0% $386 / Sq Ft
01/25/2018 01/25/18 Pending -- -- --
01/23/2018 01/23/18 Off Market $599,000 -- --
01/19/2018 01/19/18 For Sale $599,000 -- $386 / 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 $8,907 $681,554 $408,478 $273,076
2024 $8,907 $668,191 $400,469 $267,722
2023 $9,832 $742,631 $498,372 $244,259
2022 $9,366 $728,070 $488,600 $239,470
2021 $9,342 $713,795 $479,020 $234,775
2020 $8,255 $623,199 $373,503 $249,696
2019 $8,009 $610,980 $366,180 $244,800
2018 $1,008 $46,490 $20,875 $25,615
2016 $978 $44,686 $20,065 $24,621
2015 $964 $44,016 $19,764 $24,252
2014 $967 $43,154 $19,377 $23,777
Source: Public Records

Agents Affiliated with this Home

  • Kellee Spillman-Malone

    Seller's Agent in 2018

    Kellee Spillman-Malone

    Reliable Realty Inc.

    (951) 757-7713

    113 Total Sales

    Kellee Spillman-Malone
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW18006236

California Regional Multiple Listing Service (CRMLS)

APN: 5263-003-018

California Los Angeles County Monterey Park 91754

430 W Graves Ave, Monterey Park, CA

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