NOT LISTED FOR SALE

502 S Garfield Ave Unit D Monterey Park, CA 91754

Estimated Value: $618,000 - $753,000

3 Beds
3 Baths
1,251 Sq Ft
$150/mo HOA Fee

Last Sold October 04, 2013

Last sale price $360,000 $288 Per Sq Ft

Est. 90% increase in value since last sale

Current estimated payment $4,214/month

13 Days on Market

Highlights

  • 0.34 Acre Lot
  • Contemporary Architecture
  • 2 Car Attached Garage
  • Ynez Elementary School Rated A-
  • Wood Flooring
  • Eat-In Kitchen

About This Home

As of October 2013

Great appealing. Very good and convenient location in the prime area of Monterey Park. Within walking distance to Shopping, School, Supermarkets, only a few minutes drive to both the Freeway 10 & Freeway 60.
Appointment only. Please call the Listing Agent, Quan Truong, to show at least couple hours ahead.
Very motivated seller. Please submit offers by September 15, 2013.

Last Agent to Sell the Property

Quan Truong

C-21 INVERNESS License #01047066 Listed on: 08/30/2013

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,800

Year Built

  • Built in 1979

Lot Details

  • 1 Common Wall
  • Fenced
  • On-Hand Building Permits

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Contemporary Architecture
  • Planned Development
  • Slab Foundation
  • Fire Rated Drywall
  • Tile Roof

Interior Spaces

  • 1,251 Sq Ft Home
  • 3-Story Property
  • Casement Windows
  • Panel Doors
  • Living Room with Fireplace
  • Wood Flooring
  • Property Views

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Home Security

Outdoor Features

  • Exterior Lighting
  • Outbuilding
  • Rain Gutters

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Tract Number 34639
  • Assessor Parcel Number 5257017046

Community Details

Overview

  • 6 Units
  • Maintained Community

Security

  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,800

Year Built

Built in 1979

Lot Details

0

HOA Fees

$150 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: Smoke Detector(s)
  • View: Yes
  • Zoning: MPR3*
  • Architectural Style: Contemporary
  • Property Condition: Building Permit
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5257017046
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1251.00
  • Stories: 3
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Panel Doors
  • Eating Area: In Kitchen
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 287.77
  • Room Type: All Bedrooms Up
  • Window Features: Casement Windows

Exterior Features

  • Patio: No
  • Foundation: Slab
  • Other Structures: Outbuilding
  • Exterior Features: Lighting
  • Fence: Yes
  • Pool Private: No
  • Roof: Tile
  • Spa: No
  • Construction Materials: Drywall Walls

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds
  • Association Fee: 150.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Gutters

Lot Info

  • Lot Features: Planned Unit Development
  • Lot Size Sq Ft: 14873.00
  • Lot Size Acres: 0.3410

Multi Family

  • Lease Considered: No
  • Lot Size Area: 14873.0000 Square Feet
  • Number Of Units In Community: 6
  • Number Of Units Total: 6

Tax Info

  • Tax Tract Number: 34639

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 30, 2013
Closed on
Sep 12, 2013
Sold by
Tran Tai and Bach Nghi
Bought by
Choi Yuet Sun
Seller's Agent
Quan Truong
C-21 INVERNESS
List Price
$380,000
Sold Price
$360,000
Premium/Discount to List
-$20,000
-5.26%
Current Estimated Value
$682,699

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,699
Avg. Annual Appreciation
5.45%

Purchase Details

Closed on
Aug 30, 2002
Sold by
Chen Ai Ling and Hwang Ai Ling
Bought by
Tran Tai and Bach Nghi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
6.17%
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
Choi Yuet Sun $360,000 Lawyers Title Company
Tran Tai $203,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tran Tai $150,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2013 10/04/13 Sold $360,000 -2.2% $288 / Sq Ft
09/12/2013 09/12/13 Pending -- -- --
09/07/2013 09/07/13 Price Changed $368,000 -3.2% $294 / Sq Ft
08/30/2013 08/30/13 For Sale $380,000 -- $304 / 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 $5,800 $441,299 $211,701 $229,598
2024 $5,800 $432,647 $207,550 $225,097
2023 $5,682 $424,165 $203,481 $220,684
2022 $5,412 $415,849 $199,492 $216,357
2021 $5,347 $407,696 $195,581 $212,115
2019 $5,156 $395,606 $189,781 $205,825
2018 $5,177 $387,850 $186,060 $201,790
2016 $4,791 $372,791 $178,836 $193,955
2015 $4,716 $367,192 $176,150 $191,042
2014 $4,652 $360,000 $172,700 $187,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS13177051

California Regional Multiple Listing Service (CRMLS)

APN: 5257-017-046