NOT LISTED FOR SALE

507 S New Ave Unit C Monterey Park, CA 91755

Estimated Value: $763,247 - $814,000

4 Beds
2.5 Baths
1,546 Sq Ft
$200/mo HOA Fee

Last Sold November 16, 2017

Last sale price $542,000 $351 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $5,168/month

8 Days on Market

Highlights

  • Primary Bedroom Suite
  • Property is near a park
  • Balcony
  • Monterey Vista Elementary School Rated A-
  • Main Floor Bedroom
  • 2 Car Direct Access Garage

About This Home

As of November 2017

UPDATED 4 BEDROOMS (1 DOWNSTAIRS), 2.5 BATHROOMS, 1546 SQFT LIVING AREA, BUILT IN 1980, 2-CAR ATTACHED GARAGE. This newly updated three-story condo is nestled within a short distance to Monterey Vista Elementary School, and close to an abundance of restaurants, retail stores, supermarkets, parks, 10 Freeway, and more. This charming unit is newly updated with fresh interior paint, new dishwasher, water heater, light fixtures, window blinds, closet doors, toilets, laminated wood staircase, baseboards, and much more. The bright living room features a fireplace, plantation shutters, and high ceiling. A wet bar is conveniently adjacent to the formal dining area. A bedroom is desirably located on the main floor. The spacious master bedroom suite feature a balcony. Additional features & amenities include laminated wood flooring upstairs, tiles downstairs, private front yard, laundry area in the garage, etc. The low $200/month HOA dues cover water, trash pick-up, fire insurance, and common area maintenance. This property is within the boundaries of the Monterey Vista elementary and Garvey Intermediate in the Garvey School District, and Mark Keppel High School in the Alhambra Unified School District.

Last Agent to Sell the Property

Pearl Chen

Compass License #01005527 Listed on: 09/21/2017

Compass

Last Buyer's Agent

KELLY JIANG

Pinnacle Real Estate Group License #01939122

Pinnacle Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,327

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • Two or More Common Walls
  • Front Yard

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Single Garage Door
  • Garage Door Opener

Home Design

  • Turnkey

Interior Spaces

  • 1,546 Sq Ft Home
  • Wet Bar
  • Bar
  • Plantation Shutters
  • Blinds
  • Sliding Doors
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Range Hood
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

Location

  • Property is near a park
  • Property is near public transit

Schools

  • Garvey Middle School
  • Mark Keppel High School

Additional Features

  • Balcony
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 35258
  • Assessor Parcel Number 5259019058

Community Details

Overview

  • New Pomelo HOA, Phone Number (626) 458-3435
  • Maintained Community

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,327

Year Built

Built in 1980 | Remodeled

Lot Details

0

HOA Fees

$200 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: No
  • Zoning: MPR3*
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5259019058
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1546.00 Square Feet
  • Interior Amenities: Balcony, Bar, Wet Bar
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Sliding Doors
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 350.58
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Master Suite
  • Window Features: Blinds, Plantation Shutters
  • Bathroom Features: Bathtub, Shower In Tub, Remodeled

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Direct Garage Access, Garage - Single Door, Garage Door Opener
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Range Hood
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Trash, Water, Dues Paid Monthly
  • Association Fee: 200.00
  • Association Fee Frequency: Monthly
  • Association Name: New-Pomelo HOA
  • Phone: 626-458-3435
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Alhambra
  • Middle School: Garvey
  • High School: Mark Keppel
  • High School: Mark Keppel
  • Middle Or Junior School: Garvey
  • High School2: MARKEP

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Near Public Transit, Park Nearby

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: 35258

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 17, 2023
Sold by
Ting Tao and Ting Shu
Bought by
Tao Living Trust
Current Estimated Value
$784,312

Purchase Details

Listed on
Sep 21, 2017
Closed on
Oct 25, 2017
Sold by
Hom Su Tom
Bought by
Yu Shuting and Tao Shunli
Seller's Agent
Pearl Chen
Compass
Buyer's Agent
KELLY JIANG
Pinnacle Real Estate Group
List Price
$512,000
Sold Price
$542,000
Premium/Discount to List
$30,000
5.86%

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%
Original Mortgage
$292,000
Interest Rate
4.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 26, 2001
Sold by
Hom Su Tom
Bought by
Hom Su Tom and Chu Fay June
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
Tao Living Trust -- --
Yu Shuting $542,000 Stewart Title
Hom Su Tom -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yu Shuting $292,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/16/2017 11/16/17 Sold $542,000 +5.9% $351 / Sq Ft
09/29/2017 09/29/17 Pending -- -- --
09/21/2017 09/21/17 For Sale $512,000 -- $331 / 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 $8,327 $616,697 $368,881 $247,816
2024 $8,327 $604,606 $361,649 $242,957
2023 $8,048 $592,752 $354,558 $238,194
2022 $7,679 $581,130 $347,606 $233,524
2021 $7,643 $569,737 $340,791 $228,946
2019 $7,355 $552,840 $330,684 $222,156
2018 $7,340 $542,000 $324,200 $217,800
2017 $3,154 $218,472 $70,996 $147,476
2016 $2,945 $214,189 $69,604 $144,585
2015 $2,888 $210,973 $68,559 $142,414
2014 $2,854 $206,842 $67,217 $139,625
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR17217507

California Regional Multiple Listing Service (CRMLS)

APN: 5259-019-058