NOT LISTED FOR SALE

486 S Alhambra Ave Monterey Park, CA 91755

Estimated Value: $979,000 - $1,218,000

4 Beds
3 Baths
1,989 Sq Ft
$150/mo HOA Fee

Last Sold March 26, 2012

Last sale price $610,000 $307 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $7,055/month

136 Days on Market

Highlights

  • 1.41 Acre Lot
  • Mountain View
  • 3 Car Attached Garage
  • Garvey (Richard) Intermediate School Rated A-
  • Contemporary Architecture
  • Eat-In Kitchen

About This Home

As of March 2012

Detattached home like single family residence in quiet & desirable Monterey Park area. Gated community has beautiful landscaping,
22 guest parking spaces and conveniently located close proximity to markets, restaurants, bank and bus stop. Excellent Mark Keppel High School.
Spacious master suite and other 3 bedrooms are good size. Upstairs has family room, Gourmet kitchen, fireplace in Living room and
double size front door. Wood shutter around house, beautiful stone work of entry area. Extra storage space, attached 3 car garage plus parking
space. Seller upgraded window coverings, outside ground area and buyer saves extra expense than new home.

Last Agent to Sell the Property

MICHELLE YOO

RE/MAX PREMIER/SANMARINO License #01020131 Listed on: 10/22/2011

Last Buyer's Agent

Luis Negrete

AZULADO REALTY License #01182307

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,946

Year Built

  • Built in 2007

Lot Details

  • 1.41

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,989 Sq Ft Home
  • Recessed Lighting
  • Double Pane Windows
  • Custom Window Coverings
  • Bay Window
  • Living Room with Fireplace
  • Carpet
  • Mountain Views
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Stone Porch or Patio
  • Block Wall Fence
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 15
  • Assessor Parcel Number 5259005183

Community Details

Overview

  • 15 Units
  • 486 508 Villa Grand Association, Phone Number (626) 280-2540

Recreation

  • Community Playground

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,946

Year Built

Built in 2007

Lot Details

0

HOA Fees

$150 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Architectural Style: Contemporary
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5259005183
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1989.00
  • Interior Amenities: Recessed Lighting
  • Flooring: Carpet
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 306.69
  • Room Type: Master Bedroom
  • Window Features: Bay Window(s), Custom Covering, Double Pane Windows

Exterior Features

  • Patio: Yes
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Block
  • Patio And Porch Features: Stone
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Oven, Range
  • Heating Type: Central
  • Laundry Features: Inside
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Playground
  • Association Fee: 150.00
  • Association Fee Frequency: Monthly
  • Association Name: 486-508 Villa Grand
  • Phone: (626)280-2540
  • Senior Community: No

Schools

  • School District: Alhambra

Lot Info

  • Lot Size Sq Ft: 61308.00
  • Lot Size Acres: 1.4100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 61308.0000 Square Feet
  • Number Of Units In Community: 15
  • Number Of Units Total: 15

Tax Info

  • Tax Lot: 11
  • Tax Tract Number: 15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 23, 2016
Sold by
Correa Pedro C and Correa Yolanda B
Bought by
Correa Yolanda F and Yolanda Correa Trust
Total Days on Market
136
Current Estimated Value
$1,094,649

Purchase Details

Listed on
Oct 22, 2011
Closed on
Feb 3, 2012
Sold by
Chung Mee Ae
Bought by
Correa Pedro C and Correa Yolanda B
Seller's Agent
MICHELLE YOO
RE/MAX PREMIER/SANMARINO
Buyer's Agent
Luis Negrete
AZULADO REALTY
List Price
$629,000
Sold Price
$610,000
Premium/Discount to List
-$19,000
-3.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.28%
Original Mortgage
$417,000
Interest Rate
3.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2009
Sold by
Fortunecraft Inc
Bought by
Chung Mee Ae

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
4.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Correa Yolanda F -- None Available
Correa Pedro C $610,000 Investors Title Company
Chung Mee Ae -- Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Correa Pedro C $415,012
Previous Owner Correa Pedro C $417,000
Previous Owner Chung Mee Ae $200,000
Previous Owner Chung Mee Ae $365,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/26/2012 03/26/12 Sold $610,000 -3.0% $307 / Sq Ft
03/06/2012 03/06/12 Pending -- -- --
10/22/2011 10/22/11 For Sale $629,000 -- $316 / 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 $10,946 $812,415 $450,486 $361,929
2024 $10,946 $796,486 $441,653 $354,833
2023 $10,580 $780,870 $432,994 $347,876
2022 $10,096 $765,559 $424,504 $341,055
2021 $10,050 $750,549 $416,181 $334,368
2019 $9,672 $728,289 $403,838 $324,451
2018 $9,611 $714,010 $395,920 $318,090
2016 $8,324 $647,232 $318,311 $328,921
2015 $8,161 $637,511 $313,530 $323,981
2014 $8,046 $625,024 $307,389 $317,635
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: W11139052

California Regional Multiple Listing Service (CRMLS)

APN: 5259-005-183