NOT LISTED FOR SALE

500 N Nicholson Ave Unit B Monterey Park, CA 91755

Estimated Value: $686,817 - $810,000

3 Beds
2 Baths
1,514 Sq Ft
0.79 Acres

Last Sold April 27, 2012

Last sale price $365,000 $241 Per Sq Ft

Est. 109% increase in value since last sale

Current estimated payment $4,506/month

49 Days on Market

Highlights

  • Contemporary Architecture
  • Living Room with Fireplace
  • Attached Garage
  • Ynez Elementary School Rated A-
  • Breakfast Area or Nook
  • Built-In Features

About This Home

As of April 2012

WALKING DISTANCE TO SHOPS AND HIGH SCHOOL. 2ND UNIT FROM STREET. FULL REMODEL. STAINLESS STEEL APPLIANCES. HOA INCLUDES WATER, SEWER, TRASH, INSURANCE, GARDENER. 3 LARGE BEDROOMS PLUS DEN WITH LARGE CLOSET(POSSIBLE 4TH BEDROOM)

Last Agent to Sell the Property

Richard Webber

Richard A. Webber License #00582834 Listed on: 03/06/2012

Last Buyer's Agent

Subscriber Non

Non-Participant Office License #13252

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,956

Year Built

  • Built in 1979

Lot Details

  • 0.79

Parking

  • Attached Garage

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,514 Sq Ft Home
  • Built-In Features
  • Living Room with Fireplace
  • Carpet
  • Breakfast Area or Nook
  • Laundry in Garage

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5255-020-054

Community Details

Overview

  • 20 Units

Pet Policy

  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,956

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Nicholson Townhomes
  • Entry Floor: 1
  • Living Area: 1514
  • Planned Urban Dev: 0
  • Unit Floor In Building: 1
  • Year Built: 1979
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Carpet
  • Bedrooms: 3
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Garage
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Built-Ins
  • Price Per S Q F T: 254.29

Exterior Features

  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Attached

Utilities

  • Cooling: Central
  • Earth Quake Ins: 0
  • Heating: Central

Association/Amenities

  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fees: 150.00

Lot Info

  • Assessor Parcel Number: 5255-020-054

Multi Family

  • Number Of Units: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 6, 2012
Closed on
Mar 30, 2012
Sold by
Yang Jin Ying
Bought by
Wei Lichun
Seller's Agent
Richard Webber
Richard A. Webber
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$385,000
Sold Price
$365,000
Premium/Discount to List
-$20,000
-5.19%
Current Estimated Value
$764,454

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$399,454
Avg. Annual Appreciation
5.62%
Original Mortgage
$175,000
Outstanding Balance
$127,130
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$637,324

Purchase Details

Listed on
Mar 6, 2012
Closed on
Mar 16, 2012
Sold by
Tran Le G
Bought by
Wei Lichun and Wei Meng Ya
Seller's Agent
Richard Webber
Richard A. Webber
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$385,000
Sold Price
$365,000
Premium/Discount to List
-$20,000
-5.19%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Outstanding Balance
$127,130
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$637,324

Purchase Details

Closed on
Oct 16, 2008
Sold by
Ngo Jenny
Bought by
Tran Le G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$316,000
Interest Rate
5.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 5, 2000
Sold by
Wing Tat Yau and Wing Fong Lam
Bought by
Tran Le G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,800
Interest Rate
7.81%
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
Wei Lichun -- Equity Title Company
Wei Lichun $365,000 Equity Title Company
Tran Le G -- Lawyers Title
Tran Le G $178,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wei Lichun $175,000
Previous Owner Tran Le G $316,000
Previous Owner Tran Le G $137,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2012 04/27/12 Sold $365,000 -5.2% $241 / Sq Ft
04/24/2012 04/24/12 Pending -- -- --
03/06/2012 03/06/12 For Sale $385,000 -- $254 / Sq Ft
Source: The MLS

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 $5,956 $458,448 $268,288 $190,160
2024 $5,956 $449,460 $263,028 $186,432
2023 $5,834 $440,648 $257,871 $182,777
2022 $5,557 $432,009 $252,815 $179,194
2021 $5,486 $423,539 $247,858 $175,681
2019 $5,289 $410,978 $240,507 $170,471
2018 $5,296 $402,921 $235,792 $167,129
2016 $4,894 $387,277 $226,637 $160,640
2015 $4,817 $381,461 $223,233 $158,228
2014 $4,750 $373,990 $218,861 $155,129
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    Richard Webber

    Richard A. Webber

    Section Image

  • S

    Buyer's Agent in 2012

    Subscriber Non

    Non-Participant Office

See All Agents

Map

Source: The MLS

MLS Number: 12-586243

The MLS

APN: 5255-020-054

California Los Angeles County Monterey Park 91755

500 N Nicholson Ave Unit B, Monterey Park, CA

This home is located at 500 N Nicholson Ave Unit B, Monterey Park, CA 91755 since 06 March 2012 and is currently estimated at $764,454, approximately $504 per square foot. This property was built in 1979. 500 N Nicholson Ave Unit B is a home located in Los Angeles County with nearby schools including Ynez Elementary School, Mark Keppel High School, and St. Stephen Martyr School.

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