NOT LISTED FOR SALE

507 Pomelo Ave Unit C Monterey Park, CA 91755

Estimated Value: $704,000 - $751,000

3 Beds
2.5 Baths
1,367 Sq Ft
$175/mo HOA Fee

Last Sold February 28, 2024

Last sale price $680,000 $497 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $4,685/month

38 Days on Market

Highlights

  • 0.41 Acre Lot
  • Dual Staircase
  • Living Room Balcony
  • Monterey Vista Elementary School Rated A-
  • Quartz Countertops
  • 2 Car Direct Access Garage

About This Home

As of February 2024

This charming condo is a perfect blend of comfort and practicality, ideal for anyone looking to settle in a new home. Situated in the middle of the property, it offers a serene environment.

Last Agent to Sell the Property

Mike Chou

K.W. EXECUTIVE License #01852861 Listed on: 12/12/2023

K.W. EXECUTIVE

Last Buyer's Agent

Rachel Chen

Pinnacle Real Estate Group License #01869026

Pinnacle Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,926

Year Built

  • Built in 1980

Lot Details

  • 0.41

HOA Fees

  • $175 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Home Design

  • Entry on the 2nd floor
  • Turnkey

Interior Spaces

  • 1,367 Sq Ft Home
  • 3-Story Property
  • Dual Staircase
  • Skylights
  • Living Room with Fireplace
  • Combination Dining and Living Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Dishwasher
  • Quartz Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Additional Features

  • Living Room Balcony
  • Two or More Common Walls
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 36648
  • Assessor Parcel Number 5259009096
  • $327 per year additional tax assessments

Community Details

Overview

  • Master Insurance
  • 24 Units
  • Kings Villa Association, Phone Number (626) 525-8863
  • Self Managed HOA
  • Maintained Community

Pet Policy

  • Pet Restriction
  • Pet Size Limit
  • Breed Restrictions

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,926

Year Built

Built in 1980

Lot Details

0

HOA Fees

$175 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: MPR3*
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5259009096
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1367.00 Square Feet
  • Interior Amenities: 2 Staircases, Balcony, Living Room Balcony, Quartz Counters
  • Stories: 3
  • Entry Location: Ground Level 2-use stairs from driveway
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: In Kitchen, In Living Room
  • Entry Level: 2
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 497.44
  • Room Type: All Bedrooms Up, Kitchen, Living Room, Primary Bathroom, Primary Bedroom
  • Window Features: Skylight(s)
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Maintenance Grounds, Trash, Sewer, Water, Pet Rules, Pets Permitted, Permitted Types, Weight Limit, Call for Rules
  • Association Fee: 175.00
  • Association Fee Frequency: Monthly
  • Association Name: Kings Villa
  • Phone: 626-525-8863
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Self-Managed

Schools

  • School District: Alhambra

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 18059.00
  • Lot Size Acres: 0.4146

Multi Family

  • Lease Considered: No
  • Lot Size Area: 18059.0000 Square Feet
  • Number Of Units In Community: 24
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4822.02
  • Tax Lot: 1
  • Tax Tract Number: 36648
  • TaxOtherAnnualAssessmentAmount: 327.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2023
Closed on
Feb 12, 2024
Sold by
Saw Properties Llc
Bought by
Zhou Dequan and Zhou Xintong
Seller's Agent
Mike Chou
K.W. EXECUTIVE
Buyer's Agent
Rachel Chen
Pinnacle Real Estate Group
List Price
$678,000
Sold Price
$680,000
Premium/Discount to List
$2,000
0.29%
Views
207
Current Estimated Value
$728,197

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,197
Avg. Annual Appreciation
4.24%
Original Mortgage
$500,000
Outstanding Balance
$492,172
Interest Rate
7.25%
Mortgage Type
New Conventional
Estimated Equity
$236,025

Purchase Details

Listed on
Apr 29, 2017
Closed on
Jun 7, 2017
Sold by
Huang Gene C
Bought by
Saw Properties Llc
Seller's Agent
Grace Chen
KO TAI REALTY
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$499,000
Sold Price
$506,000
Premium/Discount to List
$7,000
1.4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.51%

Purchase Details

Closed on
Jun 3, 2003
Sold by
Huang Gene C and Huang Hsiang
Bought by
Huang Gene C

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
5.53%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 13, 2001
Sold by
Huang Gene C and Huang Hstang Hsiang
Bought by
Huang Gene C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.19%
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
Zhou Dequan $680,000 Stewart Title Of California In
Zhou Dequan -- Stewart Title Of California In
Saw Properties Llc $506,000 Chicago Title
Huang Gene C -- Southland Title Corporation
Huang Gene C -- Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhou Dequan $500,000
Previous Owner Huang Gene C $120,000
Previous Owner Huang Gene C $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/28/2024 02/28/24 Sold $680,000 +0.3% $497 / Sq Ft
01/19/2024 01/19/24 Pending -- -- --
01/09/2024 01/09/24 For Sale $678,000 -0.3% $496 / Sq Ft
12/26/2023 12/26/23 Pending -- -- --
12/21/2023 12/21/23 Off Market $680,000 -- --
12/12/2023 12/12/23 For Sale $678,000 0.0% $496 / Sq Ft
12/12/2017 12/12/17 Rented $2,300 0.0% --
11/07/2017 11/07/17 Price Changed $2,300 -4.2% $2 / Sq Ft
10/15/2017 10/15/17 Price Changed $2,400 -4.0% $2 / Sq Ft
09/21/2017 09/21/17 For Rent $2,500 0.0% --
06/20/2017 06/20/17 Sold $506,000 +1.4% $370 / Sq Ft View Prior Sale
05/22/2017 05/22/17 Pending -- -- --
04/29/2017 04/29/17 For Sale $499,000 -- $365 / 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 $7,926 $693,600 $439,110 $254,490
2024 $7,926 $575,736 $347,718 $228,018
2023 $7,660 $564,448 $340,900 $223,548
2022 $7,309 $553,381 $334,216 $219,165
2021 $7,275 $542,531 $327,663 $214,868
2020 $7,205 $536,969 $324,304 $212,665
2019 $7,001 $526,442 $317,946 $208,496
2018 $6,989 $516,120 $311,712 $204,408
2016 $2,700 $195,447 $64,250 $131,197
2015 $2,648 $192,512 $63,285 $129,227
2014 $2,618 $188,742 $62,046 $126,696
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV23223387

California Regional Multiple Listing Service (CRMLS)

APN: 5259-009-096