NOT LISTED FOR SALE

504 E Newmark Ave Monterey Park, CA 91755

Estimated Value: $978,000 - $1,106,078

3 Beds
2 Baths
1,357 Sq Ft
$770/Sq Ft Est. Value

Last Sold August 14, 2024

Last sale price $1,043,000 $769 Per Sq Ft

Current estimated payment $6,414/month

13 Days on Market

Highlights

  • Updated Kitchen
  • No HOA
  • Bathtub with Shower
  • Monterey Vista Elementary School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Laundry Room

About This Home

As of August 2024

Prime Location in the Heart of Monterey Park! Must See! More pictures coming soon.
Rarely available! This home featuring laminate flooring throughout. The property offers 3 bedrooms, 2 bathrooms, a formal living room, and a modern kitchen. The property is secured with a concrete and iron bar fence. Conveniently located within walking distance to market, banks, shopping malls, and schools.

Last Agent to Sell the Property

Grace Rubio

Re/Max Champions Brokerage Phone: 9496157777 License #02115606 Listed on: 06/26/2024

Re/Max Champions

Last Buyer's Agent

Grace Rubio

Re/Max Champions Brokerage Phone: 9496157777 License #02115606 Listed on: 06/26/2024

Re/Max Champions

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 6,961 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned MPR3*

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,357 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Vinyl Flooring

Kitchen

  • Updated Kitchen
  • Electric Range
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Standard Electricity

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 5 / Q
  • Tax Tract Number 786
  • Assessor Parcel Number 5259007056
  • $477 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

6,961 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Zoning: MPR3*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5259007056
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1357.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 768.61
  • Room Type: All Bedrooms Down, Family Room, Kitchen
  • Bathroom Features: Shower, Shower In Tub
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Range
  • Electric: Standard
  • Heating Type: Electric
  • Laundry Features: Gas Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6961.00
  • Lot Size Acres: 0.1598
  • Latitude Manual: 34.05962200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6961.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: Q
  • Tax Census Tract: 4822.02
  • Tax Lot: 5
  • Tax Tract Number: 786
  • TaxOtherAnnualAssessmentAmount: 477.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 5, 2026
Sold by
Leung Chan Wai and Leung Sam Ho
Bought by
Chan-Ho Family Trust and Chan
Current Estimated Value
$1,044,270

Purchase Details

Listed on
Jun 26, 2024
Closed on
Aug 7, 2024
Sold by
Du Hong and Jin Allen
Bought by
Chan Wai Leung and Ho Jenny Sam
Seller's Agent
Grace Rubio
Re/Max Champions
Buyer's Agent
Grace Rubio
Re/Max Champions
List Price
$988,000
Sold Price
$1,043,000
Premium/Discount to List
$55,000
5.57%
Views
25

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.08%
Original Mortgage
$766,000
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 16, 2016
Sold by
Du Hong
Bought by
Du Hong and Jin Han

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
3.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 4, 2007
Sold by
Te Lina
Bought by
Du Hong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
6.13%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 19, 2003
Sold by
Te Lina
Bought by
Te Lina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,000
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 23, 1999
Sold by
Nguyen Philip D
Bought by
Lim Chamnap Penh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.64%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chan-Ho Family Trust -- None Listed On Document
Chan Wai Leung $1,043,000 Chicago Title Company
Du Hong -- Wfg Title Company Of Ca
Du Hong $550,000 Financial Title Company
Te Lina -- Southland Title
Lim Chamnap Penh $233,000 Benefit Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chan Wai Leung $766,000
Previous Owner Du Hong $290,000
Previous Owner Du Hong $412,500
Previous Owner Te Lina $273,000
Previous Owner Lim Chamnap Penh $180,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/14/2024 08/14/24 Sold $1,043,000 +5.6% $769 / Sq Ft
07/09/2024 07/09/24 Pending -- -- --
06/26/2024 06/26/24 For Sale $988,000 -- $728 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $10,003 $1,043,000 $852,700 $190,300
2024 $10,003 $722,420 $577,943 $144,477
2023 $9,669 $708,256 $566,611 $141,645
2022 $9,230 $694,369 $555,501 $138,868
2021 $9,190 $680,755 $544,609 $136,146
2020 $9,102 $673,775 $539,025 $134,750
2019 $8,846 $660,564 $528,456 $132,108
2018 $8,759 $647,613 $518,095 $129,518
2016 $8,049 $622,468 $497,978 $124,490
2015 $7,852 $610,000 $488,000 $122,000
2014 $7,136 $549,000 $439,000 $110,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR24131354

California Regional Multiple Listing Service (CRMLS)

APN: 5259-007-056

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