NOT LISTED FOR SALE

502 N Nicholson Ave Unit A Monterey Park, CA 91755

Estimated Value: $700,399 - $807,000

3 Beds
2.5 Baths
1,509 Sq Ft
$150/mo HOA Fee

Last Sold July 20, 2012

Last sale price $352,000 $233 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $4,651/month

159 Days on Market

Highlights

  • Private Pool
  • Corner Lot
  • Laundry Room
  • Ynez Elementary School Rated A-
  • 2 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of July 2012

Corner Unit! Convenient Location! Located In The Heart Of Monterey Park. Walking Distance To Shopping Centers, High School, Downtown Monterey Park, Restaurant, And Bus Stop. Open And Airy Floorplan with Fireplace in Family Room. Brand New Laminate Flooring And Interior Paint! Private and Sunny Front Yard With Fruit Tree. HOA Includes Water, Trash, Sewer, Exterior Insurance, and Gardening. Approved Short sale

Last Agent to Sell the Property

Mike Hsieh

RE/MAX TOP PRODUCERS License #01812059 Listed on: 01/05/2012

RE/MAX TOP PRODUCERS

Last Buyer's Agent

Mike Hsieh

RE/MAX TOP PRODUCERS License #01812059 Listed on: 01/05/2012

RE/MAX TOP PRODUCERS

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,734

Year Built

  • Built in 1979

Lot Details

  • 0.79

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,509 Sq Ft Home
  • Family Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Private Pool
  • Central Heating and Cooling System

Community Details

  • 20 Units

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 33920
  • Assessor Parcel Number 5255020051

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,734

Year Built

Built in 1979

Lot Details

0

HOA Fees

$150 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5255020051
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1509.00
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: Three Or More
  • Price Per Square Foot: 233.27
  • Room Type: All Bedrooms Up, Family Room, Master Bedroom

Exterior Features

  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 150.00
  • Association Fee Frequency: Monthly
  • Association Name: On File
  • Phone: On File
  • Senior Community: No

Schools

  • School District: Alhambra

Lot Info

  • Lot Features: Corner Lot

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 20
  • Number Of Units Total: 20

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 33920

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2012
Closed on
Jun 21, 2012
Sold by
Tran Binh Tieu
Bought by
Seto Hubert
Seller's Agent
Mike Hsieh
RE/MAX TOP PRODUCERS
Buyer's Agent
Mike Hsieh
RE/MAX TOP PRODUCERS
List Price
$345,000
Sold Price
$352,000
Premium/Discount to List
$7,000
2.03%
Current Estimated Value
$767,100

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$415,100
Avg. Annual Appreciation
6.04%

Purchase Details

Closed on
Jun 20, 2005
Sold by
Sugimoto Michael T and Sugimoto Living Trust
Bought by
Tran Binh Tieu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.87%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jul 24, 2003
Sold by
Sugimoto Yoko
Bought by
Sugimoto Living Trust
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
Seto Hubert $352,000 Fnt Ie
Tran Binh Tieu $350,000 --
Sugimoto Living Trust -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tran Binh Tieu $280,000
Closed Tran Binh Tieu $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/20/2012 07/20/12 Sold $352,000 +2.0% $233 / Sq Ft
06/10/2012 06/10/12 For Sale $345,000 -2.0% $229 / Sq Ft
05/18/2012 05/18/12 Off Market $352,000 -- --
04/24/2012 04/24/12 Price Changed $345,000 -2.8% $229 / Sq Ft
03/02/2012 03/02/12 Price Changed $355,000 -1.4% $235 / Sq Ft
01/05/2012 01/05/12 For Sale $360,000 -- $239 / 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 $5,734 $433,450 $248,004 $185,446
2024 $5,734 $424,952 $243,142 $181,810
2023 $5,618 $416,621 $238,375 $178,246
2022 $5,354 $408,452 $233,701 $174,751
2021 $5,287 $400,444 $229,119 $171,325
2019 $5,100 $388,569 $222,324 $166,245
2018 $5,107 $380,951 $217,965 $162,986
2016 $4,723 $366,160 $209,502 $156,658
2015 $4,649 $360,661 $206,356 $154,305
2014 $4,587 $353,597 $202,314 $151,283
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: C12001622

California Regional Multiple Listing Service (CRMLS)

APN: 5255-020-051