NOT LISTED FOR SALE

510 S Mcpherrin Ave Monterey Park, CA 91754

Estimated Value: $770,000 - $855,026

2 Beds
2 Baths
848 Sq Ft
$960/Sq Ft Est. Value

Last Sold March 16, 2021

Last sale price $610,000 $719 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $5,154/month

5 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Bathtub
  • Repetto Elementary School Rated A-
  • Rear Porch
  • 2-minute walk to Barnes Park

About This Home

As of March 2021

One of the most affordable home for sale in the city of Monterey Park which is ranked one of the best places to raise a family by Time/Money Magazine. Located in the Alhambra Unified school district, this property is assigned to Repetto Elementary K-8 and Mark Keppel High School. The home is dated and with some TLC the home will appreciate quickly in value. Perfect project for first-time homeowners that are looking to remodel and personalize the home to their liking. Features of the home include a living room, dining room, 2 bedrooms, 2 bathrooms, storage shed, and a detached 3 car garage with the potential to add an accessory dwelling unit. Convenient location with walking distance to Garvey Ave, next to Barnes Park, Metro bus stops, and close proximity to the 10 freeway. This property is sold in "as is" condition.

Last Agent to Sell the Property

Tony Ma

Compass-Pasadena License #01931357 Listed on: 02/09/2021

Compass-Pasadena

Last Buyer's Agent

Tony Ma

Compass-Pasadena License #01931357 Listed on: 02/09/2021

Compass-Pasadena

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,623

Year Built

  • Built in 1924

Lot Details

  • 6,886 Sq Ft Lot
  • Chain Link Fence
  • Irregular Lot
  • Property is zoned MPR1*

Parking

  • 3 Car Garage
  • Parking Available
  • Driveway

Property Views

  • Mountain
  • Valley
  • Neighborhood

Home Design

  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 848 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Gas Range

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry Located Outside

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rear Porch

Schools

  • Repetto Elementary School
  • Mark Keppel High School

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 195
  • Tax Tract Number 7287
  • Assessor Parcel Number 5263001035

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,623

Year Built

Built in 1924

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Stove and Dryer
  • Property Attached: No
  • View: Yes
  • Zoning: MPR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5263001035
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 848.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One, Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 719.34
  • Room Type: Kitchen, Living Room
  • Bathroom Features: Bathtub, Shower

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Mountain(s), Neighborhood, Valley
  • Fence: Yes
  • Fencing: Chain Link
  • Patio And Porch Features: Rear Porch
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park, Sidewalks, Street Lights

Schools

  • School District: Alhambra
  • Elementary School: Repetto
  • High School: Mark Keppel
  • Elementary School: Repetto
  • High School: Mark Keppel
  • Elementary School #2: REPET
  • High School2: MARKEP

Lot Info

  • Additional Parcels: No
  • Lot Features: Lot 6500-9999, Irregular Lot
  • Lot Size Sq Ft: 6886.00
  • Lot Size Acres: 0.1581

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6886.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4821.02
  • Tax Lot: 195
  • Tax Tract Number: 7287

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 9, 2021
Closed on
Feb 18, 2021
Sold by
To Vanh Binh and To Nancy Le
Bought by
Huang Liang Chong and Ma Chui Hing
Seller's Agent
Tony Ma
Compass-Pasadena
Buyer's Agent
Tony Ma
Compass-Pasadena
List Price
$578,000
Sold Price
$610,000
Premium/Discount to List
$32,000
5.54%
Current Estimated Value
$814,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$204,007
Avg. Annual Appreciation
6.73%
Original Mortgage
$488,000
Outstanding Balance
$438,450
Interest Rate
2.7%
Mortgage Type
New Conventional
Estimated Equity
$375,557

Purchase Details

Listed on
Mar 29, 2016
Closed on
Jun 16, 2016
Sold by
Garcia Ruben and Rodriguez Sonia
Bought by
To Van Binh and To Nancy Le
Seller's Agent
Grace Lin
Century 21 Realty Masters
Buyer's Agent
Tony Ma
Compass-Pasadena
List Price
$465,000
Sold Price
$443,000
Premium/Discount to List
-$22,000
-4.73%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%

Purchase Details

Closed on
Oct 20, 2004
Sold by
Garcia Ruben
Bought by
Garcia Ruben and Rodriguez Sonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$271,000
Interest Rate
6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 2004
Sold by
Garcia Margot
Bought by
Garcia Ruben

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
8.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 1996
Sold by
Feldstein Carl and Feldstein Patricia
Bought by
Garcia Ruben and Garcia Margot

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,526
Interest Rate
8.09%
Mortgage Type
FHA
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
Huang Liang Chong $610,000 California Best Title
To Van Binh $443,000 Wfg National Title Co Of Ca
Garcia Ruben -- First Southwestern Title Of
Garcia Ruben -- --
Garcia Ruben $139,500 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Liang Chong $488,000
Previous Owner Binh Van $200,000
Previous Owner To Van Binh $210,000
Previous Owner Garcia Ruben $408,500
Previous Owner Garcia Ruben $404,980
Previous Owner Garcia Ruben $382,500
Previous Owner Garcia Ruben $75,000
Previous Owner Garcia Ruben $318,750
Previous Owner Garcia Ruben $271,000
Previous Owner Garcia Ruben $224,000
Previous Owner Garcia Ruben $141,974
Previous Owner Garcia Ruben $137,526
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2021 03/16/21 Sold $610,000 0.0% $719 / Sq Ft
02/15/2021 02/15/21 Pending -- -- --
02/15/2021 02/15/21 Off Market $610,000 -- --
02/09/2021 02/09/21 For Sale $578,000 +30.5% $682 / Sq Ft
06/28/2016 06/28/16 Sold $443,000 -4.7% $543 / Sq Ft
06/17/2016 06/17/16 For Sale $465,000 0.0% $570 / Sq Ft
06/16/2016 06/16/16 Pending -- -- --
06/10/2016 06/10/16 Price Changed $465,000 -2.1% $570 / Sq Ft
06/06/2016 06/06/16 For Sale $475,000 0.0% $582 / Sq Ft
05/31/2016 05/31/16 Pending -- -- --
05/02/2016 05/02/16 Price Changed $475,000 -0.6% $582 / Sq Ft
03/29/2016 03/29/16 For Sale $478,000 -- $586 / 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 $8,623 $660,281 $528,226 $132,055
2024 $8,623 $647,335 $517,869 $129,466
2023 $8,448 $634,643 $507,715 $126,928
2022 $8,010 $622,200 $497,760 $124,440
2021 $6,369 $484,481 $387,586 $96,895
2020 $6,333 $479,514 $383,612 $95,902
2019 $6,143 $470,113 $376,091 $94,022
2018 $6,135 $460,896 $368,717 $92,179
2016 $2,728 $199,304 $149,614 $49,690
2015 $2,685 $196,311 $147,367 $48,944
2014 $2,655 $192,467 $144,481 $47,986
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS21025885

California Regional Multiple Listing Service (CRMLS)

APN: 5263-001-035