NOT LISTED FOR SALE

508 E Hellman Ave Unit D Monterey Park, CA 91755

Estimated Value: $733,600 - $829,000

4 Beds
3 Baths
1,582 Sq Ft
$230/mo HOA Fee

Last Sold May 05, 2020

Last sale price $591,000 $374 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $5,073/month

13 Days on Market

Highlights

  • Main Floor Bedroom
  • Fireplace
  • Views
  • Garvey (Richard) Intermediate School Rated A-
  • 2 Car Attached Garage
  • Living Room

About This Home

As of May 2020

LOCATION! LOCATION! LOCATION! This Home Located In The Center Of Monterrey Park. This 1,582 Sq.ft Condo Features Has 4 Bedrooms And 3 Bathrooms, Formal Entry Lead You To The Elegant Living Room,The kitchen is Naturally Bright And airy With A Charming Breakfast Bar, Tile Floors,Oven, Gas Stove. The huge Master Bedroom That Is Equipped With Its Own Full Bathroom With Dual-Sink .All Bedrooms Are Comfortable in Size,One Of The Bedroom Downstairs With Full Bath, While 2 Bedrooms Share A Full Hallway Bath. Perfect Laminate Wood Flooring Throughout The Whole House. Central A/C With 2-Car Attached Garage And One Guest Parking. It Is Perfect For Both Owner-Occupied Or Rental Investment. This Property Is In A Prime Location Right Across From The Highly Esteemed Mark Keppel High School And Close To 10/Freeway, Parks, Supermarkets, And Many Of Finest Restaurants . THIS HOME IS READY TO MOVE IN !!!

Last Agent to Sell the Property

Jason Wei

RE/MAX PREMIER/ARCADIA License #01968787 Listed on: 03/04/2020

RE/MAX PREMIER/ARCADIA

Last Buyer's Agent

Tiffany Wang

RE/MAX ELITE REALTY License #02036354

RE/MAX ELITE REALTY

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,622

Year Built

  • Built in 1984

Lot Details

  • 0.27

HOA Fees

  • $230 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,582 Sq Ft Home
  • Fireplace
  • Formal Entry
  • Living Room
  • Laundry Room
  • Property Views

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms

Additional Features

  • 1 Common Wall
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 43052
  • Assessor Parcel Number 5258009084

Community Details

Overview

  • Master Insurance
  • 6 Units
  • Pro/Service Management Association, Phone Number (626) 642-1717
  • Zhang HOA

Recreation

  • Community Playground

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,622

Year Built

Built in 1984

Lot Details

0

HOA Fees

$230 per month

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: MPR3YY
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5258009084
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1582.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Levels: Three Or More
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 373.58
  • Room Type: Formal Entry, Living Room, Main Floor Bedroom

Exterior Features

  • 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: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Playground, Insurance, Trash, Call for Rules
  • Association Fee: 230.00
  • Association Fee Frequency: Monthly
  • Association Name: Pro/service Management
  • Phone: 6266421717
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Sidewalks
  • Association Management: ZHANG

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 11816.00
  • Lot Size Acres: 0.2713

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11816.0000 Square Feet
  • Number Of Units In Community: 6
  • Number Of Units Total: 6

Tax Info

  • Tax Census Tract: 4817.12
  • Tax Lot: 1
  • Tax Tract Number: 43052

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 4, 2020
Closed on
Mar 20, 2020
Sold by
Zhao Wei
Bought by
Liu Chunyan and Sun Zhichao
Seller's Agent
Jason Wei
RE/MAX PREMIER/ARCADIA
Buyer's Agent
Tiffany Wang
RE/MAX ELITE REALTY
List Price
$575,000
Sold Price
$591,000
Premium/Discount to List
$16,000
2.78%
Current Estimated Value
$787,900

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$196,900
Avg. Annual Appreciation
5.39%
Original Mortgage
$443,250
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 7, 2012
Closed on
Dec 18, 2012
Sold by
Salonga Allen S
Bought by
Zhao Wei
Seller's Agent
Sharon Liu
Re/Max Premier Prop Arcadia
Buyer's Agent
Michelle Delli Quadri
Re/Max Premier Prop Arcadia
List Price
$388,000
Sold Price
$385,000
Premium/Discount to List
-$3,000
-0.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.00%
Original Mortgage
$200,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 7, 2012
Closed on
Nov 14, 2012
Sold by
Cheng Lixin
Bought by
Zhao Wei
Seller's Agent
Sharon Liu
Re/Max Premier Prop Arcadia
Buyer's Agent
Michelle Delli Quadri
Re/Max Premier Prop Arcadia
List Price
$388,000
Sold Price
$385,000
Premium/Discount to List
-$3,000
-0.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 3, 2005
Sold by
Ma Hong Ru
Bought by
Salonga Allen S and Salonga Monina C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$354,400
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 11, 2002
Sold by
Hsu Joyce Ying
Bought by
Ma Hong Ru and Li Jin Ping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$158,400
Interest Rate
6.99%

Purchase Details

Closed on
Oct 20, 1999
Sold by
Lau Kwon Tai
Bought by
Hsu Joyce Ying

Purchase Details

Closed on
Jun 29, 1998
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Lau Kwon Tai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,600
Interest Rate
6.87%

Purchase Details

Closed on
Jun 22, 1998
Sold by
Lau Laina Su
Bought by
Lau Kwon Tai

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,600
Interest Rate
6.87%

Purchase Details

Closed on
Jan 9, 1998
Sold by
Luk Kei S and Federal Home Loan Mortgage Cor
Bought by
Federal Home Loan Mortgage Corporation
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
Liu Chunyan $591,000 Wfg National Title Company
Zhao Wei $385,000 First American Title Company
Zhao Wei -- First American Title Company
Salonga Allen S $443,000 Southland Title
Ma Hong Ru $198,000 Southland Title
Hsu Joyce Ying $167,000 Southland Title Corporation
Lau Kwon Tai $138,000 First American Title Co
Lau Kwon Tai -- First American Title Co
Federal Home Loan Mortgage Corporation $167,871 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Liu Chunyan $443,250
Previous Owner Zhao Wei $200,000
Previous Owner Salonga Allen S $354,400
Previous Owner Ma Hong Ru $158,400
Previous Owner Lau Kwon Tai $99,600
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/05/2020 05/05/20 Sold $591,000 +2.8% $374 / Sq Ft
03/17/2020 03/17/20 For Sale $575,000 -2.7% $363 / Sq Ft
03/13/2020 03/13/20 Off Market $591,000 -- --
03/04/2020 03/04/20 For Sale $575,000 +49.4% $363 / Sq Ft
12/28/2012 12/28/12 Sold $385,000 -0.8% $243 / Sq Ft View Prior Sale
10/18/2012 10/18/12 Pending -- -- --
09/10/2012 09/10/12 For Sale $388,000 +0.8% $245 / Sq Ft
09/08/2012 09/08/12 Off Market $385,000 -- --
09/07/2012 09/07/12 For Sale $388,000 -- $245 / 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 $8,622 $646,342 $444,019 $202,323
2024 $8,622 $633,669 $435,313 $198,356
2023 $8,330 $621,245 $426,778 $194,467
2022 $7,947 $609,064 $418,410 $190,654
2021 $7,908 $597,122 $410,206 $186,916
2020 $5,899 $433,498 $238,930 $194,568
2019 $5,734 $424,999 $234,246 $190,753
2018 $5,712 $416,666 $229,653 $187,013
2017 $39 $408,497 $225,150 $183,347
2016 $5,253 $400,488 $220,736 $179,752
2015 $5,150 $394,473 $217,421 $177,052
2014 $5,081 $386,747 $213,163 $173,584
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS20041776

California Regional Multiple Listing Service (CRMLS)

APN: 5258-009-084