NOT LISTED FOR SALE

509 E Graves Ave Monterey Park, CA 91755

Estimated Value: $754,000 - $866,000

3 Beds
2 Baths
1,195 Sq Ft
$697/Sq Ft Est. Value

Sale Details

Date Sold: August 1, 2019

Last sale price $639,000 $535 Per Sq Ft

Est. 30% increase in value since last sale

Current estimated payment $5,281 / mo

55 Days on Market

Highlights

  • Property is near park
  • Main Floor Bedroom
  • No HOA
  • Garvey (Richard) Intermediate School Rated A-
  • Private Yard
  • Central Heating and Cooling System

About This Home

As of August 2019

Charming 3 Bed 2 Bath single level home in the heart of Monterey Park. This well loved home was upgraded in 2011 with modern finishes that include new kitchen and bathrooms, central A/C and ducting, windows, refinished hardwood floors, paint, inside laundry, electrical panel and water heater. The spacious bedrooms comfortably accommodate queen and king size beds. The large lot provides many possibilities for expansion and ADU development. Zoned for the award winning and highly rated Mark Keppel High School, the home is also conveniently located to schools, parks, freeways and downtown LA. Take advantage of this opportunity to make this your home. **BONUS: You may be eligible for up to $10,000 down payment assistance + $7500 closing cost credit for this home if purchased as a primary residence. Total value is $17,500 for buying this home! Subject to program approval. Inquire with listing agent Debbie Marie for details. ** Back on Market. Buyer failed to perform. No inspections were completed. New Microwave will be installed 7/6/19.

Last Agent to Sell the Property

Debbie Marie Kanehira

WaveCrest Real Estate License #01837350 Listed on: 05/09/2019

Last Buyer's Agent

KEVIN PHAN

eXp Realty of Greater L.A. Inc License #02035050

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1954

Lot Details

  • 6,432 Sq Ft Lot
  • South Facing Home
  • Private Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned MPR3*

Parking

  • 2 Car Garage

Interior Spaces

  • 1,195 Sq Ft Home
  • 1-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Schools

  • Garvey Middle School
  • Mark Keppel High School

Additional Features

  • Exterior Lighting
  • Property is near park
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 786
  • Assessor Parcel Number 5259006050

Home Details

Home Type

Single Family

Year Built

Built in 1954

Lot Details

6,432 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: MPR3*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5259006050
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1195.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 534.73
  • Room Type: All Bedrooms Down, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom

Exterior Features

  • Direction Faces: South
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • 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: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Park Nearby, Yard
  • Lot Size Sq Ft: 6432.00
  • Lot Size Acres: 0.1477

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6432.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4822.02
  • Tax Lot: 15
  • Tax Tract Number: 786

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2019
Closed on
Jul 5, 2019
Sold by
Bought by
Seller's Agent
Debbie Marie Kanehira
WaveCrest Real Estate
Buyer's Agent
KEVIN PHAN
eXp Realty of Greater L.A. Inc
List Price
$649,999
Sold Price
$639,000
Premium/Discount to List
-$10,999
-1.69%
Current Estimated Value
$832,430

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$193,430
Avg. Annual Appreciation
3.89%
Original Mortgage
$479,250
Outstanding Balance
$416,059
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$416,371

Purchase Details

Closed on
Apr 24, 2019
Sold by
Bought by

Purchase Details

Closed on
Dec 26, 2017
Sold by
Bought by

Purchase Details

Closed on
Aug 12, 2013
Sold by
Bought by

Purchase Details

Closed on
Aug 3, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 7, 2013
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 10, 2010
Sold by
Bought by

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
4.45%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 14, 1996
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,000
Interest Rate
7.41%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$639,000 California Title Company
-- California Title Company
-- None Available
-- None Available
-- None Available
-- None Available
-- Lsi
-- Lsi
-- Advantage Title Inc
-- Chicago Title Insurance Co
-- Chicago Title Insurance Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $479,250
Previous Owner $230,000
Previous Owner $100,000
Previous Owner $53,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/01/2019 08/01/19 Sold $639,000 0.0% $535 / Sq Ft
06/15/2019 06/15/19 Price Changed $639,000 -1.7% $535 / Sq Ft
05/09/2019 05/09/19 For Sale $649,999 -- $544 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $9,728 $698,836 $559,070 $139,766
2024 $9,387 $685,134 $548,108 $137,026
2023 $9,072 $671,701 $537,361 $134,340
2022 $8,657 $658,531 $526,825 $131,706
2021 $8,618 $645,620 $516,496 $129,124
2019 $1,973 $129,295 $51,755 $77,540
2018 $1,886 $126,761 $50,741 $76,020
2016 $1,751 $121,841 $48,772 $73,069
2015 $1,716 $120,012 $48,040 $71,972
2014 $1,700 $117,662 $47,099 $70,563
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19105255

California Regional Multiple Listing Service (CRMLS)

APN: 5259-006-050

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