NOT LISTED FOR SALE

501 N Mcpherrin Ave Monterey Park, CA 91754

Estimated Value: $914,000 - $1,043,000

3 Beds
2 Baths
1,266 Sq Ft
$769/Sq Ft Est. Value

Last Sold July 27, 2023

Last sale price $920,000 $727 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $6,112/month

6 Days on Market

Highlights

  • Main Floor Bedroom
  • No HOA
  • Living Room
  • Ynez Elementary School Rated A-
  • Ductless Heating Or Cooling System
  • Laundry Room

About This Home

As of July 2023

A beautiful remodeled home in a quiet neighborhood of Monterey Park. Walking distance to School, Supermarkets and Restaurants! Newly built 2 car garages, new paint inside and out!

Last Agent to Sell the Property

Kenny Ng

CALIFORNIA DREAM REALTY License #01206218 Listed on: 07/05/2023

Last Buyer's Agent

Moment Lu

Re/Max Premier Prop Arcadia License #02095637

Re/Max Premier Prop Arcadia

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,067

Year Built

  • Built in 1926

Lot Details

  • 5,215 Sq Ft Lot
  • Sprinkler System
  • Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned MPR2YY

Parking

  • 1 Open Parking Space
  • 2 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,266 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Mark Keppel High School

Utilities

  • Ductless Heating Or Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 196
  • Tax Tract Number 12
  • Assessor Parcel Number 5256012053

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,067

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: MPR2YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5256012053
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1266.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 726.70
  • Room Type: All Bedrooms Down, Kitchen, Laundry, Living Room, Main Floor Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Sprinklers: Yes
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • High School: Mark Keppel
  • High School2: MARKEP

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Sprinkler System
  • Lot Size Sq Ft: 5215.00
  • Lot Size Acres: 0.1197

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5215.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4817.13
  • Tax Lot: 196
  • Tax Tract Number: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 20, 2006
Sold by
Kwok Stephen and Lam Kwok Christy Koon Shan
Bought by
Kwok Stephen
Current Estimated Value
$973,573

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,000
Outstanding Balance
$235,804
Interest Rate
6.29%
Mortgage Type
New Conventional
Estimated Equity
$737,769

Purchase Details

Closed on
Mar 7, 2005
Sold by
Cai Xinze
Bought by
Kwok Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,600
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 18, 2005
Sold by
Tam Tami
Bought by
Cai Xinze

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$317,600
Interest Rate
5.6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 10, 1995
Sold by
Chan Kan Po and Chan Yu Yin
Bought by
Tam Tami

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
8.32%
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
Kwok Stephen -- United Title Company-La
Kwok Stephen $397,000 Fidelity National Title Van
Cai Xinze -- Fidelity National Title Co
Tam Tami $160,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kwok Stephen $412,000
Closed Kwok Stephen $317,600
Previous Owner Cai Xinze $284,000
Previous Owner Tam Tami $128,000
Closed Cai Xinze $35,500
Closed Kwok Stephen $59,550
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/27/2023 07/27/23 Sold $920,000 +3.6% $727 / Sq Ft
07/12/2023 07/12/23 Pending -- -- --
07/07/2023 07/07/23 For Sale $888,000 -3.5% $701 / Sq Ft
07/05/2023 07/05/23 Off Market $920,000 -- --
07/05/2023 07/05/23 For Sale $888,000 -- $701 / 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 $12,067 $760,834 $464,401 $296,433
2024 $12,067 $920,000 $655,600 $264,400
2023 $7,794 $589,945 $425,509 $164,436
2022 $7,424 $578,378 $417,166 $161,212
2021 $7,335 $567,038 $408,987 $158,051
2019 $7,072 $550,221 $396,857 $153,364
2018 $7,058 $539,433 $389,076 $150,357
2016 $6,521 $518,488 $373,969 $144,519
2015 $4,969 $391,000 $313,000 $78,000
2014 $4,983 $391,000 $313,000 $78,000
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2023

    Kenny Ng

    CALIFORNIA DREAM REALTY

    (626) 288-9168

    5 in this area

    13 Total Sales

    Kenny Ng
    Section Image

  • M

    Buyer's Agent in 2023

    Moment Lu

    RE/MAX

    (626) 447-1688

    7 in this area

    38 Total Sales

    Moment Lu
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS23116674

California Regional Multiple Listing Service (CRMLS)

APN: 5256-012-053

California Los Angeles County Monterey Park 91754

501 N Mcpherrin Ave, Monterey Park, CA

This home is located at 501 N Mcpherrin Ave, Monterey Park, CA 91754 since 05 July 2023 and is currently estimated at $973,573, approximately $769 per square foot. This property was built in 1926. 501 N Mcpherrin Ave is a home located in Los Angeles County with nearby schools including Ynez Elementary School, Mark Keppel High School, and St. Stephen Martyr School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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