NOT LISTED FOR SALE

488 S Alhambra Ave Monterey Park, CA 91755

Estimated Value: $1,006,972 - $1,179,000

4 Beds
3 Baths
2,142 Sq Ft
$512/Sq Ft Est. Value

Last Sold June 18, 2019

Last sale price $805,000 $376 Per Sq Ft

Est. 36% increase in value since last sale

Current estimated payment $6,735/month

28 Days on Market

Highlights

  • Spa
  • Primary Bedroom Suite
  • 1.41 Acre Lot
  • Garvey (Richard) Intermediate School Rated A-
  • Gated Community
  • Property is near a park

About This Home

As of June 2019

Welcome to Villa Grande, a beautiful gated community with some of the best PUD units Monterey Park has to offer! Upon entering this unit, you will fall in love with the Cathedral-vaulted ceilings that truly give this home a comfortable and spacious feel. The living room boasts brilliant recessed lighting, beautiful newly-added engineered wood flooring and a charming fireplace. The bright & airy dining area is accented with gorgeous crown molding and an elegant center light fixture. Opening up from the dining area is the chef’s kitchen that features wooden cabinets, Granite counter-tops, tile flooring, and built-in gas appliances. A lovely carpeted staircase leads upstairs to an open family area that is perfect for use as an indoor recreational area or lounge. The cavernous Master suite is located upstairs, equipped with a walk-in closet and additional closet space; the Master bath features a dual-sink vanity, walk-in closet and lavish spa tub. This property includes a convenient attached 3-car garage with 1 exclusive reserved guest-parking space. Its location offers easy access to popular supermarkets & grocery stores, schools, parks, and plenty of Monterey Park’s finest restaurants! This property belongs to Garvey elementary & middle schools and the highly-esteemed Mark Keppel High.

Last Agent to Sell the Property

Sharon Liu

Re/Max Premier Prop Arcadia License #01720175 Listed on: 04/05/2019

Re/Max Premier Prop Arcadia

Last Buyer's Agent

Kay Yoon

Century 21 Village Realty License #01170386

Century 21 Village Realty

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $6,960

Year Built

  • Built in 2007

Lot Details

  • No Common Walls
  • East Facing Home
  • Private Yard

HOA Fees

  • $180 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • 1 Open Parking Space
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener
  • Automatic Gate
  • Parking Lot
  • Assigned Parking

Home Design

  • Turnkey

Interior Spaces

  • 2,142 Sq Ft Home
  • Crown Molding
  • Two Story Ceilings
  • Recessed Lighting
  • Gas Fireplace
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Room
  • Loft

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Granite Countertops

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms
  • Granite Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Spa Bath
  • Walk-in Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Schools

  • Mark Keppel High School

Utilities

  • Central Heating and Cooling System
  • Water Heater

Additional Features

  • Spa
  • Property is near a park

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 54364
  • Assessor Parcel Number 5259005184

Community Details

Overview

  • Master Insurance
  • 15 Units
  • Ideal Property Association, Phone Number (626) 289-8888
  • Cindy Y(Cindy@Idealproperty.Com) HOA

Security

  • Gated Community

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$6,960

Year Built

Built in 2007

Lot Details

0

HOA Fees

$180 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Automatic Gate, Gated Community
  • View: No
  • Zoning: MPR3*
  • Property Condition: Turnkey
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 5259005184
  • Year Built: 2007
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2142.00 Square Feet
  • Interior Amenities: Crown Molding, Granite Counters, High Ceilings, Recessed Lighting, Stone Counters, Two Story Ceilings, Unfurnished
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Area, Dining Room
  • Fireplace Features: Living Room, Gas
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 375.82
  • Room Type: Family Room, Kitchen, Laundry, Living Room, Loft, Master Bathroom, Master Bedroom, Master Suite, Separate Family Room, Walk-In Closet
  • Spa Features: Bath
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Master Bath, Exhaust Fan(s), Granite Counters, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Stone Counters

Exterior Features

  • Direction Faces: East
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, Garage, Garage - Two Door, Garage Door Opener, On Site, Parking Space
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Gas Cooktop, Microwave, Water Heater
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Gas Dryer Hookup, In Closet, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Trash
  • Association Fee: 180.00
  • Association Fee Frequency: Monthly
  • Association Name: Ideal Property
  • Phone: 626-289-8888
  • Senior Community: No
  • Community Features: Sidewalks
  • Association Management: Cindy Y(Cindy@idealproperty.com)

Schools

  • School District: Alhambra
  • High School: Mark Keppel
  • High School: Mark Keppel
  • High School2: MARKEP

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Park Nearby, Yard
  • Lot Size Sq Ft: 61308.00
  • Lot Size Acres: 1.4074

Multi Family

  • Lease Considered: No
  • Lot Size Area: 61308.0000 Square Feet
  • Number Of Units In Community: 15
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4822.02
  • Tax Lot: 1
  • Tax Tract Number: 54364

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 1, 2022
Sold by
Sik Kook Hong and Youb Do
Bought by
Kook Family Trust
Current Estimated Value
$1,096,493

Purchase Details

Listed on
Apr 5, 2019
Closed on
Jun 11, 2019
Sold by
Chow Kerry Z and Chow Sherry X
Bought by
Kook Hong Sik and Kook Do Youb
Seller's Agent
Sharon Liu
Re/Max Premier Prop Arcadia
Buyer's Agent
Kay Yoon
Century 21 Village Realty
List Price
$824,800
Sold Price
$805,000
Premium/Discount to List
-$19,800
-2.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.45%
Original Mortgage
$400,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 27, 2017
Sold by
Chow Sherry Xiaohway and Chow Sherry X
Bought by
Chow Kerry Z and Chow Sherry X

Purchase Details

Closed on
Aug 24, 2012
Sold by
Chow Kerry Zhijian
Bought by
Chow Sherry Xiaohway

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$407,000
Interest Rate
3.49%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2008
Sold by
Fortunecraft Inc
Bought by
Chow Sherry Xiaohway

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.07%
Mortgage Type
Purchase Money Mortgage
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
Kook Family Trust -- None Listed On Document
Kook Hong Sik $805,000 Stewart Title
Chow Kerry Z -- None Available
Chow Sherry Xiaohway -- First American Title Company
Chow Sherry Xiaohway $635,000 Stewart Title Of Ca Inc
Chow Sherry Xiaohway -- Stewart Title Of Ca Inc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kook Bong Sik $397,500
Previous Owner Kook Hong Sik $400,000
Previous Owner Chow Sherry Xiaohway $140,000
Previous Owner Chow Sherry Xiaohway $407,000
Previous Owner Chow Sherry Xiaohway $409,000
Previous Owner Chow Sherry Xiaohway $417,000
Previous Owner Chow Sherry Xiaohway $417,000
Previous Owner Chow Sherry Xiaohway $417,000
Previous Owner Chow Sherry Xiaohway $417,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/18/2019 06/18/19 Sold $805,000 -2.4% $376 / Sq Ft
05/03/2019 05/03/19 Pending -- -- --
04/05/2019 04/05/19 For Sale $824,800 -- $385 / 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 $6,960 $509,480 $172,433 $337,047
2024 $6,960 $499,491 $169,052 $330,439
2023 $6,730 $489,698 $165,738 $323,960
2022 $6,426 $480,097 $162,489 $317,608
2021 $6,388 $470,684 $159,303 $311,381
2019 $9,661 $733,041 $473,303 $259,738
2018 $9,599 $718,669 $464,023 $254,646
2017 $9,411 $704,578 $454,925 $249,653
2016 $8,788 $690,763 $446,005 $244,758
2015 $8,437 $666,000 $430,000 $236,000
2014 $8,479 $666,000 $430,000 $236,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR19076609

California Regional Multiple Listing Service (CRMLS)

APN: 5259-005-184