NOT LISTED FOR SALE

438 E Newmark Ave Unit B Monterey Park, CA 91755

Estimated Value: $860,503 - $966,000

4 Beds
3.5 Baths
1,958 Sq Ft
$200/mo HOA Fee

Last Sold April 20, 2015

Last sale price $532,000 $272 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $5,679/month

47 Days on Market

Highlights

  • Primary Bedroom Suite
  • Gated Parking
  • Mountain View
  • Garvey (Richard) Intermediate School Rated A-
  • Gated Community
  • Property is near park and public transit

About This Home

As of April 2015

Spacious and immaculately maintained condo (4 bedrooms + bonus room) in a gated community nestled in a great location close to all necessities: supermarkets, restaurants, bus stops, parks, and much more.....Serene private front yard.....Entry way with high ceiling.....Large living room and formal dining area combination with wet bar.....Kitchen with newer tile back splash, water purifier system, garden window, and ample cabinets for storage.....Desirable 1 bedroom and 1 full bathroom on main level.....Over-sized master suite with dual sink vanity and walk-in closet.....Nice size bonus room and storage room adjacent to the garage.....Newer laminated wood flooring.....Plantation shutters and wood blinds.....Complex with security surveillance camera system.....$200/month HOA dues includes water, trash, fire insurance, and common area maintenance.....Great Alhambra Unified school district.

Last Agent to Sell the Property

Pearl Chen

Compass License #01005527 Listed on: 01/23/2015

Compass

Last Buyer's Agent

Pearl Chen

Compass License #01005527 Listed on: 01/23/2015

Compass

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1985

Lot Details

  • Two or More Common Walls
  • Front Yard

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Single Garage Door
  • Garage Door Opener
  • Gated Parking

Interior Spaces

  • 1,958 Sq Ft Home
  • Wet Bar
  • Cathedral Ceiling
  • Skylights
  • Plantation Shutters
  • Blinds
  • Garden Windows
  • Living Room
  • Bonus Room
  • Laminate Flooring
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Range Hood

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet

Laundry

  • Laundry Room
  • Dryer
  • Washer

Home Security

Utilities

  • Forced Air Heating and Cooling System
  • Water Purifier

Additional Features

  • Exterior Lighting
  • Property is near park and public transit

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 43035
  • Assessor Parcel Number 5259004104

Community Details

Overview

  • Master Insurance
  • 14 Units
  • Maintained Community

Security

  • Gated Community
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 1985

Lot Details

0

HOA Fees

$200 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Fire Sprinkler System, Gated Community
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5259004104
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1958.00
  • Interior Amenities: Cathedral Ceiling(s), Wet Bar
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Area
  • Levels: Three Or More
  • Price Per Square Foot: 271.71
  • Room Type: Bonus Room, Living Room, Main Floor Bedroom, Master Suite, Walk-In Closet
  • Window Features: Blinds, Garden Window(s), Plantation Shutters, Skylight(s)

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

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

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Range Hood, Refrigerator, Water Purifier
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Washer Included
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Maintenance Grounds, Trash, Water
  • Association Fee: 200.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: Front Yard, Park Nearby, Near Public Transit

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 14
  • Number Of Units Total: 14

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 43035

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 27, 2017
Sold by
Yu Jiayu
Bought by
Huang Liancai and He Chunyu
Current Estimated Value
$906,876

Purchase Details

Closed on
Jun 24, 2015
Sold by
He Dayan
Bought by
Yu Jiayu

Purchase Details

Listed on
Jan 23, 2015
Closed on
Apr 8, 2015
Sold by
Lee Ki Soo
Bought by
Huang Liancai and He Chunyu
Seller's Agent
Pearl Chen
Compass
Buyer's Agent
Pearl Chen
Compass
List Price
$550,000
Sold Price
$532,000
Premium/Discount to List
-$18,000
-3.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.10%
Original Mortgage
$319,200
Outstanding Balance
$256,459
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$650,417
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Huang Liancai -- None Available
Yu Jiayu -- None Available
Huang Liancai $532,000 Title 365
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Liancai $319,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/20/2015 04/20/15 Sold $532,000 -3.3% $272 / Sq Ft
03/11/2015 03/11/15 Pending -- -- --
01/23/2015 01/23/15 For Sale $550,000 -- $281 / 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 $8,843 $661,033 $394,897 $266,136
2024 $8,843 $648,072 $387,154 $260,918
2023 $8,545 $635,365 $379,563 $255,802
2022 $8,153 $622,908 $372,121 $250,787
2021 $8,111 $610,695 $364,825 $245,870
2019 $7,803 $592,583 $354,005 $238,578
2018 $7,779 $580,964 $347,064 $233,900
2016 $7,000 $540,112 $330,768 $209,344
2015 $3,055 $230,129 $49,698 $180,431
2014 $3,017 $225,622 $48,725 $176,897
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR15015485

California Regional Multiple Listing Service (CRMLS)

APN: 5259-004-104