NOT LISTED FOR SALE

448 E Markland Dr Monterey Park, CA 91755

Estimated Value: $794,000 - $865,000

3 Beds
1 Bath
1,014 Sq Ft
$807/Sq Ft Est. Value

Last Sold November 19, 2024

Last sale price $794,500 $784 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $4,355/month

15 Days on Market

Highlights

  • RV Access or Parking
  • Wood Flooring
  • Lawn
  • Custom Home
  • Granite Countertops
  • No HOA

About This Home

As of November 2024

Excellent starter home in a high demand location. First time on the market in over 55 years by the estate of its longtime owner. This home is perfect for a first time owner occupant looking to establish themselves in the community for many years to come. There's virtually nothing available at this price range in the incorporated City of Monterey Park. To be sold in AS-IS /AS DISCLOSED/AS YOU SEE IT condition. There will be no repairs done by the Estate. So much upside potential to remodel, upgrade, possibly expand or ADU? Check with City for any and all questions. Buyers & their agents are ALL urged to conduct their own due diligence and investigations regarding the property and its potential. . Shown by appointment only. Note showing instructions for additional information. And private remarks for more information **NO BLIND OFFERS PLEASE**

Last Agent to Sell the Property

Domingo Herrera

FIRST CALIFORNIA REALTY Brokerage Phone: 626-482-1575 License #00928457 Listed on: 09/13/2024

Last Buyer's Agent

Steve Yang

FIRST TEAM REAL ESTATE License #01889710

FIRST TEAM REAL ESTATE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 6,685 Sq Ft Lot
  • East Facing Home
  • Block Wall Fence
  • Level Lot
  • Lawn
  • Back and Front Yard
  • Property is zoned MPR1YY

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Driveway Level
  • RV Access or Parking

Home Design

  • Custom Home
  • Entry on the 1st floor
  • Raised Foundation
  • Frame Construction
  • Shingle Roof
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,014 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Family Room Off Kitchen

Kitchen

  • Open to Family Room
  • Eat-In Kitchen
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Remodeled Bathroom
  • 1 Full Bathroom
  • Bathtub
  • Separate Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 188
  • Tax Tract Number 13118
  • Assessor Parcel Number 5265017010
  • $441 per year additional tax assessments
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: MPR1YY
  • Architectural Style: Custom Built
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5265017010
  • Year Built: 1948
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1014.00 Square Feet
  • Interior Amenities: Ceiling Fan(s)
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 783.53
  • Room Type: All Bedrooms Down
  • Bathroom Features: Bathtub, Shower, Remodeled, Separate Tub And Shower
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Foundation: Raised
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete, Driveway Level, Garage, Garage Faces Front, RV Access/Parking
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available
  • Heating: Yes
  • Laundry: Yes
  • 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: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn, Level with Street
  • Lot Size Sq Ft: 6685.00
  • Lot Size Acres: 0.1535

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6685.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4828.01
  • Tax Lot: 188
  • Tax Tract Number: 13118
  • TaxOtherAnnualAssessmentAmount: 441.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 13, 2024
Closed on
Oct 28, 2024
Sold by
Estrada Fernando J and Estrada Martha
Bought by
Naing Nay Myo and Latt Aye
Seller's Agent
Domingo Herrera
FIRST CALIFORNIA REALTY
Buyer's Agent
Steve Yang
FIRST TEAM REAL ESTATE
List Price
$799,500
Sold Price
$794,500
Premium/Discount to List
-$5,000
-0.63%
Views
43
Current Estimated Value
$818,270

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,770
Avg. Annual Appreciation
2.53%
Original Mortgage
$556,150
Outstanding Balance
$550,613
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$267,657

Purchase Details

Closed on
Nov 28, 2012
Sold by
Estrada Fernando J and Estrada Martha M
Bought by
Estrada Fernando J and Estrada Fernando J

Purchase Details

Closed on
Dec 23, 2010
Sold by
Estrada Fernando J and Estrada Martha M
Bought by
Estrada Fernando J and Estrada Fernando J

Purchase Details

Closed on
Mar 18, 2004
Sold by
Estrada Fernando J and Estrada Fernando J
Bought by
Estrada Fernando J and Estrada Martha M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
5.56%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 16, 2003
Sold by
Estrada Fernando J and Estrada Martha
Bought by
Estrada Fernando J and Estrada Fernando J
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Naing Nay Myo $794,500 Wfg National Title
Naing Nay Myo $794,500 Wfg National Title
Estrada Fernando J -- Ticor Title Tustin Orange Co
Estrada Fernando J -- Accommodation
Estrada Fernando J -- Chicago Title Insurance Co
Estrada Fernando J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Naing Nay Myo $556,150
Closed Naing Nay Myo $556,150
Previous Owner Estrada Fernando J $155,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2024 11/19/24 Sold $794,500 -0.6% $784 / Sq Ft
09/28/2024 09/28/24 Pending -- -- --
09/13/2024 09/13/24 For Sale $799,500 -- $788 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $1,225 $794,500 $556,000 $238,500
2024 $1,225 $68,432 $33,132 $35,300
2023 $1,219 $67,091 $32,483 $34,608
2022 $1,183 $65,777 $31,847 $33,930
2021 $1,143 $64,488 $31,223 $33,265
2020 $1,135 $63,827 $30,903 $32,924
2019 $1,106 $62,577 $30,298 $32,279
2018 $1,031 $61,351 $29,704 $31,647
2016 $997 $58,970 $28,551 $30,419
2015 $947 $58,086 $28,123 $29,963
2014 $942 $56,950 $27,573 $29,377
Source: Public Records

Agents Affiliated with this Home

  • D

    Seller's Agent in 2024

    Domingo Herrera

    FIRST CALIFORNIA REALTY

    (626) 482-1575

    1 in this area

    10 Total Sales

    Domingo Herrera
    Section Image
  • Steve Yang

    Buyer's Agent in 2024

    Steve Yang

    FIRST TEAM REAL ESTATE

    (626) 636-6800

    2 in this area

    92 Total Sales

    Steve Yang
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS24176026

California Regional Multiple Listing Service (CRMLS)

APN: 5265-017-010

California Los Angeles County Monterey Park 91755

448 E Markland Dr, Monterey Park, CA

Not Listed for Sale

Detached

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