NOT LISTED FOR SALE

503 Sefton Ave Unit F Monterey Park, CA 91755

Estimated Value: $649,475 - $761,000

3 Beds
2.5 Baths
1,107 Sq Ft
$175/mo HOA Fee

Last Sold April 13, 2021

Last sale price $530,000 $479 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $4,410/month

33 Days on Market

Highlights

  • 0.42 Acre Lot
  • Mountain View
  • Resident Manager or Management On Site
  • Garvey (Richard) Intermediate School Rated A-
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of April 2021

Rare opportunity to own this great value condo located at a corner unit in the community. The property has been fully remodeled a year ago. It features 3 bedrooms and 2.5 bathrooms, open kitchen with wooden cabinets, Quartz countertop, full back splash, sliding door at the dining area access to the balcony, upstairs has a good size master bedroom with view from its own balcony, newer remodeled shower rooms, toilets and all vanities. Newer flooring and all windows. Attached 2 car garage with stairway access to first floor. Community has many matured fruit trees around, low HOA dues including water and trash. Shopping plaza and restaurants close by. Easy access to 60 and 10 freeway.

Last Agent to Sell the Property

Peng Dong

Re/Max Champions License #01997211 Listed on: 01/15/2021

Re/Max Champions

Last Buyer's Agent

Richard Reyes

The R.R. Network License #01847699

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,730

Year Built

  • Built in 1979

Lot Details

  • 0.42

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Mountain
  • Neighborhood

Interior Spaces

  • 1,107 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • 1 Common Wall
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 35515
  • Assessor Parcel Number 5259005069

Community Details

Overview

  • 10 Units
  • On Site Association, Phone Number (626) 315-1733

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,730

Year Built

Built in 1979

Lot Details

0

HOA Fees

$175 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Ad Number: 9094388042
  • Property Attached: Yes
  • View: Yes
  • Zoning: MPR3*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5259005069
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1107.00 Square Feet
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 478.77
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Mountain(s), Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Trash, Water, Management
  • Association Fee: 175.00
  • Association Fee Frequency: Monthly
  • Association Name: on site
  • Phone: 6263151733
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks
  • Association Management: on site

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 18251.00
  • Lot Size Acres: 0.4190

Multi Family

  • Lease Considered: No
  • Lot Size Area: 18251.0000 Square Feet
  • Number Of Units In Community: 10
  • Number Of Units Total: 10

Tax Info

  • Tax Census Tract: 4822.02
  • Tax Lot: 1
  • Tax Tract Number: 35515

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2016
Sold by
Pai Jackson Lengtung
Bought by
Yu Sara Yuan Yuan
Current Estimated Value
$684,619

Purchase Details

Closed on
Apr 1, 2004
Sold by
Leung Lai Yung
Bought by
Pai Jackson Lengtung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$222,400
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 21, 2003
Sold by
Chung Kwok Ho
Bought by
Leung Lai Yung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
5.97%

Purchase Details

Closed on
Feb 12, 2002
Sold by
Chung Kwok Ho
Bought by
Leung Lai Yung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,000
Interest Rate
7.04%

Purchase Details

Closed on
Jul 23, 1997
Sold by
Chung Pak Kon
Bought by
Leung Lai Yung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,075
Interest Rate
7.57%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 3, 1997
Sold by
Federal National Mortgage Association
Bought by
Ho Leung Lai Yung and Ho Chung Kwok

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,075
Interest Rate
7.57%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 27, 1996
Sold by
Nationsbanc Mtg Corp
Bought by
Federal Home Loan Mortgage Corporation

Purchase Details

Closed on
May 5, 1994
Sold by
Chan Kin For and Chan Yasmin
Bought by
Chen Ji Hua

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,800
Interest Rate
8.35%
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
Yu Sara Yuan Yuan -- Accommodation
Yu Sara Yuan Yuan -- Accommodation
Pai Jackson Lengtung $278,000 Southland Title
Leung Lai Yung -- Investors Title Company
Leung Lai Yung -- Investors Title Company
Leung Lai Yung -- American Title Ins Co
Ho Leung Lai Yung $112,000 American Title Ins Co
Federal Home Loan Mortgage Corporation -- Benefit Land Title Ins Co
Nationsbanc Mtg Corp $115,000 Benefit Land Title Ins Co
Chen Ji Hua $151,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pai Jackson Lengtung $222,400
Previous Owner Leung Lai Yung $120,000
Previous Owner Leung Lai Yung $109,000
Previous Owner Ho Leung Lai Yung $109,075
Previous Owner Chen Ji Hua $120,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2021 04/13/21 Sold $530,000 -0.5% $479 / Sq Ft
02/17/2021 02/17/21 Pending -- -- --
02/13/2021 02/13/21 Price Changed $532,500 -1.4% $481 / Sq Ft
01/15/2021 01/15/21 For Sale $540,000 -- $488 / 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 $7,730 $573,686 $387,510 $186,176
2024 $7,730 $562,438 $379,912 $182,526
2023 $7,469 $551,411 $372,463 $178,948
2022 $7,127 $540,600 $365,160 $175,440
2021 $6,389 $474,984 $332,382 $142,602
2020 $6,328 $470,114 $328,974 $141,140
2019 $6,149 $460,897 $322,524 $138,373
2018 $6,138 $451,860 $316,200 $135,660
2017 $6,039 $443,000 $310,000 $133,000
2016 $4,403 $333,881 $194,084 $139,797
2015 $4,317 $328,867 $191,169 $137,698
2014 $4,260 $322,426 $187,425 $135,001
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR21009740

California Regional Multiple Listing Service (CRMLS)

APN: 5259-005-069