NOT LISTED FOR SALE

511 Florence Ave Unit 1 Monterey Park, CA 91755

Estimated Value: $1,003,827 - $1,179,000

4 Beds
4 Baths
2,221 Sq Ft
$505/Sq Ft Est. Value

About This Home

This home is located at 511 Florence Ave Unit 1, Monterey Park, CA 91755 and is currently estimated at $1,121,957, approximately $505 per square foot. 511 Florence Ave Unit 1 is a home located in Los Angeles County with nearby schools including Emerson (Ralph Waldo) Elementary School, Garvey (Richard) Intermediate School, and Mark Keppel High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2023
Sold by
Lau Mak Shirley
Bought by
Maks Trust and Mak
Current Estimated Value
$1,121,957

Purchase Details

Closed on
Apr 6, 2006
Sold by
Florence Development Llc
Bought by
Mak Alan Sung Chi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

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Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

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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
Maks Trust -- None Listed On Document
Mak Alan Sung Chi $688,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mak Alan Sung Chi $600,000
Source: Public Records

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 $9,026 $666,246 $510,574 $155,672
2024 $9,026 $653,183 $500,563 $152,620
2023 $8,725 $640,377 $490,749 $149,628
2022 $8,328 $627,822 $481,127 $146,695
2021 $8,283 $615,513 $471,694 $143,819
2019 $7,972 $597,258 $457,704 $139,554
2018 $7,896 $585,548 $448,730 $136,818
2016 $7,262 $562,812 $431,306 $131,506
2015 $7,079 $554,359 $424,828 $129,531
2014 $6,980 $543,501 $416,507 $126,994
Source: Public Records

Map

California Los Angeles County Monterey Park 91755

511 Florence Ave Unit 1, Monterey Park, CA

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