NOT LISTED FOR SALE

511 N Mcpherrin Ave Unit B Monterey Park, CA 91754

Estimated Value: $795,943 - $894,000

3 Beds
3 Baths
1,561 Sq Ft
$180/mo HOA Fee

Last Sold May 20, 2015

Last sale price $500,000 $320 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $5,551/month

9 Days on Market

Highlights

  • 0.45 Acre Lot
  • Lawn
  • Eat-In Kitchen
  • Ynez Elementary School Rated A-
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of May 2015

A beautiful townhome located in a prime location in the city of Monterey Park. This desirable home is situated in a quiet and gated community and features 3 bedrooms and 3 baths, including a dramatic upstairs master suite and a private office area. The spacious and open living room is accented with a (brick?) fireplace. Additional highlights include a formal dining room, a newly remodeled gourmet kitchen with granite counter tops, stainless steel appliances, custom cabinetry and tile floors. The bathrooms have been remodeled with great quality materials and exquisite taste. Elsewhere throughout the home, the floors have been upgraded with elegant engineered wood and carpeting. Everything in this lovely home has been done with flair, taste and style, with wonderful spaces to entertain family and friends. Distinguished Mark Keppel High School! Walking distance to Time Square, gyms, banks, restaurant, grocery stores and transportation. Be sure to view this fabulous property!

Last Agent to Sell the Property

Sharon Liu

Re/Max Premier Prop Arcadia License #01720175 Listed on: 03/24/2015

Re/Max Premier Prop Arcadia

Last Buyer's Agent

Michael Wu

Keller Williams Realty License #01403896

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,114

Year Built

  • Built in 1984

Lot Details

  • 1 Common Wall
  • Lawn

HOA Fees

  • $180 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,561 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating and Cooling System

Community Details

  • 2 Units

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 40856
  • Assessor Parcel Number 5256012094

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,114

Year Built

Built in 1984

Lot Details

0

HOA Fees

$180 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Surface Type: Paved
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5256012094
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1561.00
  • Common Walls: 1 Common Wall
  • Flooring: Laminate, Carpet
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Area, Dining Room
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 320.31
  • Room Type: All Bedrooms Up, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Range
  • Heating Type: Central
  • Laundry Features: In Garage
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 180.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Alhambra

Lot Info

  • Lot Features: Lawn
  • Lot Size Sq Ft: 19763.00
  • Lot Size Acres: 0.4540

Multi Family

  • Lease Considered: No
  • Lot Size Area: 19763.0000 Square Feet
  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 40856

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 5, 2023
Sold by
Properties4you Llc
Bought by
Formosa Taiwan Inc
Current Estimated Value
$863,486

Purchase Details

Closed on
Jun 8, 2023
Sold by
Yang Lan Ting
Bought by
Properties4you Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$750,000
Interest Rate
6.39%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 26, 2019
Sold by
Yang Lan Ting
Bought by
Yang Lan Ting

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$351,000
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Mar 24, 2015
Closed on
Apr 2, 2015
Sold by
Chu Wesley W
Bought by
Chu Family Trust
Seller's Agent
Sharon Liu
Re/Max Premier Prop Arcadia
Buyer's Agent
Michael Wu
Keller Williams Realty
List Price
$480,000
Sold Price
$500,000
Premium/Discount to List
$20,000
4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.37%

Purchase Details

Closed on
Aug 5, 1999
Sold by
Nee James
Bought by
Chu Wesley W and Chu Julia M
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
Formosa Taiwan Inc $770,000 Lawyers Title Company
Properties4you Llc $770,000 Lawyers Title
Yang Lan Ting -- Chicago Title Company
Chu Family Trust $500,000 Lawyers Title Company
Chu Wesley W -- North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Properties4you Llc $750,000
Previous Owner Yang Lan Ting $351,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/20/2015 05/20/15 Sold $500,000 +4.2% $320 / Sq Ft
04/02/2015 04/02/15 Pending -- -- --
03/24/2015 03/24/15 For Sale $480,000 -- $307 / 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 $10,114 $785,400 $522,852 $262,548
2024 $10,114 $770,000 $512,600 $257,400
2023 $7,581 $577,582 $348,629 $228,953
2022 $7,219 $566,258 $341,794 $224,464
2021 $7,131 $555,156 $335,093 $220,063
2019 $6,874 $538,692 $325,155 $213,537
2018 $6,889 $528,130 $318,780 $209,350
2016 $6,361 $507,624 $306,402 $201,222
2015 $2,786 $205,882 $58,820 $147,062
2014 $2,753 $201,850 $57,668 $144,182
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR15061518

California Regional Multiple Listing Service (CRMLS)

APN: 5256-012-094