NOT LISTED FOR SALE

507 Pomelo Ave Unit A Monterey Park, CA 91755

Estimated Value: $703,000 - $788,000

3 Beds
2.5 Baths
1,367 Sq Ft
$170/mo HOA Fee

Last Sold June 01, 2017

Last sale price $510,000 $373 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,739/month

5 Days on Market

Highlights

  • All Bedrooms Downstairs
  • 18,054 Sq Ft lot
  • Private Yard
  • Monterey Vista Elementary School Rated A-
  • Quartz Countertops
  • Laundry Room

About This Home

As of June 2017

Built in 1980. This spacious 3 Bedroom 2.5 Bath Condo located in the heart of Monterey Park. Gated entry into a private front garden. End Unit. This beautiful condo is newly remodeled in 2012. Laminated wood flooring in living room with fireplace. Large patio off living room overseeing the front garden. Fully remodeled kitchen features the Quartz counter tops, maple cabinets, recess lights and upgraded tile flooring. Total living area is 1376 square feet. HOA is $170/month. New Paint. All 3 bedrooms are upstairs. Half bathroom downstairs. 2 car garage with direct access. Laundry set up in the garage. Walking distance to Newmark Ave. and Garvey Ave. Mark Pepple High School.

Last Agent to Sell the Property

Judith Liu

RE/MAX CHAMPIONS License #01271176 Listed on: 02/28/2017

RE/MAX CHAMPIONS

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,894

Year Built

  • Built in 1980

Lot Details

  • 1 Common Wall
  • Private Yard

HOA Fees

  • $170 Monthly HOA Fees

Parking

  • 2 Car Garage

Interior Spaces

  • 1,367 Sq Ft Home
  • 3-Story Property
  • Living Room with Fireplace
  • Pest Guard System
  • Quartz Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Community Details

  • Master Insurance
  • 505 & 507 Pomelo Association, Phone Number (626) 841-9641

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 36648
  • Assessor Parcel Number 5259009094

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,894

Year Built

Built in 1980

Lot Details

0

HOA Fees

$170 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: MPR3*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5259009094
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1367.00 Square Feet
  • Stories: 3
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Tile
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 373.08
  • Room Type: All Bedrooms Down
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pest Control, Insurance, Trash, Dues Paid Monthly
  • Association Fee: 170.00
  • Association Fee Frequency: Monthly
  • Association Name: 505 & 507 Pomelo
  • Phone: (626) 841-9641
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Alhambra

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 18054.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4822.02
  • Tax Lot: 1
  • Tax Tract Number: 36648

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 2023
Sold by
He Zaixin and He Lisa
Bought by
He Residence Trust and He
Current Estimated Value
$739,875

Purchase Details

Closed on
Mar 30, 2017
Sold by
Chou Peter
Bought by
He Zai Xin and He Lisa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$331,500
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2005
Sold by
Chou Peter
Bought by
Chou Peter and Yang Hui Chuan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
5.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 31, 2005
Sold by
Yang Hui Chuan
Bought by
Chou Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$197,000
Interest Rate
5.41%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 10, 2004
Sold by
Ting Esther
Bought by
Chou Peter and Yang Hui Chuan

Purchase Details

Closed on
Dec 9, 2002
Sold by
Chen Dexin
Bought by
Ting Esther and Chou Peter

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
6.03%

Purchase Details

Closed on
Feb 17, 1997
Sold by
Huang Ling
Bought by
Chen Dexin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,500
Interest Rate
7.81%

Purchase Details

Closed on
Jan 28, 1997
Sold by
Fleet Mtg Corp
Bought by
Federal Home Loan Mortgage Corporation

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,500
Interest Rate
7.81%

Purchase Details

Closed on
Nov 25, 1996
Sold by
Kiang Steve
Bought by
Fleet Mtg Corp and Fleet Real Estate Funding Corp

Purchase Details

Closed on
Jul 1, 1996
Sold by
Yong Daisy
Bought by
Kiang Steve
Source: Public Records

Range of Values:

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Average Value
Not Available
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
He Residence Trust -- None Listed On Document
He Zai Xin $510,000 Ticor Title
Chou Peter -- Alliance Title
Chou Peter -- Fidelity National Financial
Chou Peter -- --
Ting Esther $220,000 Investors Title Company
Chen Dexin -- First American Title Co
Chen Dexin $109,500 First American Title Co
Federal Home Loan Mortgage Corporation -- Fidelity National Title Ins
Fleet Mtg Corp $120,000 Fidelity National Title Ins
Kiang Steve -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner He Zai Xin $331,500
Previous Owner Chou Peter $197,000
Previous Owner Ting Esther $176,000
Previous Owner Chen Dexin $98,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/01/2017 06/01/17 Sold $510,000 +0.4% $373 / Sq Ft
03/05/2017 03/05/17 Pending -- -- --
02/28/2017 02/28/17 For Sale $508,000 -- $372 / 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 $7,894 $591,892 $359,314 $232,578
2024 $7,894 $580,287 $352,269 $228,018
2023 $7,627 $568,910 $345,362 $223,548
2022 $7,276 $557,756 $338,591 $219,165
2021 $7,240 $546,820 $331,952 $214,868
2019 $6,965 $530,603 $322,107 $208,496
2018 $6,951 $520,200 $315,792 $204,408
2016 $4,059 $305,103 $150,897 $154,206
2015 $3,980 $300,521 $148,631 $151,890
2014 $3,929 $294,635 $145,720 $148,915
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17042839

California Regional Multiple Listing Service (CRMLS)

APN: 5259-009-094