NOT LISTED FOR SALE

508 S Lincoln Ave Monterey Park, CA 91755

Estimated Value: $1,343,000 - $1,767,000

3 Beds
2 Baths
1,800 Sq Ft
$847/Sq Ft Est. Value

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Central Air
  • Ynez Elementary School Rated A-

About This Home

As of September 2014

Great family home in the center of Monterey Park. 3 bedrooms and 2 baths. Immaculate condition. Great floor plan. All interiors recently remodeled and upgraded.Granite counter tops in the kitchen and bathrooms. Huge and beautiful master bedroom. 2 bedrooms upstairs. Conveniently located, near school, shops and restaurant. Motivated owner.

Last Agent to Rent the Property

Deanna Chan

HANDFORE REALTY CORP. License #00887610 Listed on: 08/17/2014

Last Renter's Agent

Arthur Tang

HANDFORE REALTY CORP. License #00814497

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,227

Year Built

  • Built in 1952

Lot Details

  • 9,969 Sq Ft Lot
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Interior Spaces

  • 1,800 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Air
  • Shared Septic

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Rent includes trash collection, water
  • 12-Month Minimum Lease Term
  • Tax Lot 2
  • Tax Tract Number 20
  • Assessor Parcel Number 5257019008

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,227

Year Built

Built in 1952

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Security Deposit
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Owner

Listing Details

  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 5257019008
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1800.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 1.06
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sewer: Shared Septic
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 9969.00
  • Lot Size Acres: 0.2290

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 9969.0000 Square Feet
  • Rent Includes: Trash Collection, Water

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2004
Sold by
Abdou Youssef Magdy Erian and Abdou Youssef Magda
Bought by
Chung Kenneth and Li Elaine
Current Estimated Value
$1,524,875

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$514,000
Outstanding Balance
$242,799
Interest Rate
5.5%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,282,076

Purchase Details

Closed on
May 22, 2002
Sold by
Youssef Magdy E and Youssef Magda A
Bought by
Abdou Youssef Magdy Erian and Abdou Youssef Magda
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
Chung Kenneth $642,500 Lawyers Title
Abdou Youssef Magdy Erian -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chung Kenneth $514,000
Previous Owner Youssef Magdy Brian $315,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2014 08/17/14 Rented $1,900 -2.6% --
08/17/2014 08/17/14 For Rent $1,950 +2.6% --
01/18/2013 01/18/13 Rented $1,900 0.0% --
01/18/2013 01/18/13 Under Contract -- -- --
11/29/2012 11/29/12 For Rent $1,900 +11.8% --
07/20/2012 07/20/12 Rented $1,700 -12.8% --
06/09/2012 06/09/12 Under Contract -- -- --
05/01/2012 05/01/12 For Rent $1,950 -- --
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 $12,227 $913,481 $237,428 $676,053
2024 $12,227 $895,571 $232,773 $662,798
2023 $11,985 $878,011 $228,209 $649,802
2022 $11,429 $860,796 $223,735 $637,061
2021 $11,293 $843,919 $219,349 $624,570
2020 $11,230 $835,266 $217,100 $618,166
2019 $10,899 $818,890 $212,844 $606,046
2018 $10,799 $802,834 $208,671 $594,163
2016 $10,021 $771,661 $200,569 $571,092
2015 $9,866 $760,071 $197,557 $562,514
2014 $9,738 $745,184 $193,688 $551,496
Source: Public Records

Agents Affiliated with this Home

  • D

    Landlord's Agent in 2014

    Deanna Chan

    HANDFORE REALTY CORP.

    (626) 943-0903

    8 Total Sales

    Deanna Chan
    Section Image

  • A

    Tenant's Agent in 2014

    Arthur Tang

    HANDFORE REALTY CORP.

    (626) 943-0903

    3 Total Sales

    Arthur Tang
    Section Image
  • Erik Ibarra

    Buyer's Agent in 2013

    Erik Ibarra

    Erik Ibarra

    (562) 441-2753

    3 Total Sales

    Erik Ibarra
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS14176497

California Regional Multiple Listing Service (CRMLS)

APN: 5257-019-008

California Los Angeles County Monterey Park 91755

508 S Lincoln Ave, Monterey Park, CA

This home is located at 508 S Lincoln Ave, Monterey Park, CA 91755 since 17 August 2014 and is currently priced at $1,524,875. This property was built in 1952. 508 S Lincoln Ave is a home located in Los Angeles County with nearby schools including Ynez Elementary School, Mark Keppel High School, and St. Stephen Martyr School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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