NOT LISTED FOR SALE

511 N Sierra Vista St Unit B Monterey Park, CA 91755

Estimated Value: $723,234 - $820,000

3 Beds
2 Baths
1,341 Sq Ft
$150/mo HOA Fee

Last Sold April 28, 2022

Last sale price $660,000 $492 Per Sq Ft

Est. 16% increase in value since last sale

Current estimated payment $4,959/month

12 Days on Market

Highlights

  • Primary Bedroom Suite
  • 0.64 Acre Lot
  • Living Room
  • Garvey (Richard) Intermediate School Rated A-
  • 1 Car Attached Garage
  • Laundry Room

About This Home

As of April 2022

Desirable and rare to find 2-level townhome located in a prime location in the city of Monterey Park. It features 3 bright bedrooms, including a dramatic upstairs master suite with dressing & retreat area. Specious living room with view toward the private backyard. Nice kitchen and formal dining area. Additional highlights include Indoor laundry area, Newer garage door, One more designated carport parking. Short distance to Sierra Vista Park, Distinguished Mark Keppel High School, restaurant, grocery stores and transportation.

Last Agent to Sell the Property

Sharon Liu

Re/Max Premier Prop Arcadia License #01720175 Listed on: 03/18/2022

Re/Max Premier Prop Arcadia

Co-Listed By

CHEN CHEN

RE/MAX PREMIER/ARCADIA License #01929095

Last Buyer's Agent

WEILI CHIN

eXp Realty of California Inc License #02134054

eXp Realty of California Inc

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $9,408

Year Built

  • Built in 1980

Lot Details

  • Two or More Common Walls
  • Back Yard

HOA Fees

  • $150 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • 1 Carport Space
  • Parking Available
  • Assigned Parking

Interior Spaces

  • 1,341 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Utilities

  • Central Heating and Cooling System

Community Details

  • 14 Units
  • Sierra Vista HOA, Phone Number (626) 677-8866
  • Ideal Property And Realty Inc HOA

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 35945
  • Assessor Parcel Number 5258008068

Property Details

Home Type

Condominium

Est. Annual Taxes

$9,408

Year Built

Built in 1980

Lot Details

0

HOA Fees

$150 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: MPR2*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5258008068
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1341.00 Square Feet
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 492.17
  • Room Type: All Bedrooms Up, Kitchen, Laundry, Living Room, Master Bedroom, Master Suite

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Trash, Water
  • Association Fee: 150.00
  • Association Fee Frequency: Monthly
  • Association Name: Sierra Vista HOA
  • Phone: (626) 677-8866
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs
  • Association Management: Ideal Property and Realty Inc

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 27947.00
  • Lot Size Acres: 0.6416

Multi Family

  • Lease Considered: No
  • Lot Size Area: 27947.0000 Square Feet
  • Number Of Units In Community: 14
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4817.12
  • Tax Lot: 1
  • Tax Tract Number: 35945

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2020
Sold by
Cheng Hei
Bought by
Cheng Hei and Cheng Lan Ting
Current Estimated Value
$764,309

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,000
Outstanding Balance
$290,959
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$473,350

Purchase Details

Closed on
Dec 26, 2017
Sold by
Cheng Yuk Pun
Bought by
Cheng Hei

Purchase Details

Listed on
May 5, 2017
Closed on
May 17, 2017
Sold by
Liu Wendy
Bought by
Cheng Yuk Pun and Cheng Hei
Seller's Agent
Jack Chang
Berkshire Hathaway Home Servic
List Price
$499,000
Sold Price
$510,000
Premium/Discount to List
$11,000
2.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.95%
Original Mortgage
$375,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 5, 2017
Closed on
May 16, 2017
Sold by
Ngai Sim Wah
Bought by
Cheng Yuk Pun
Seller's Agent
Jack Chang
Berkshire Hathaway Home Servic
List Price
$499,000
Sold Price
$510,000
Premium/Discount to List
$11,000
2.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.94%
Mortgage Type
New Conventional
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

Date Buyer Sale Price Title Company
Cheng Hei -- First American Title Company
Cheng Lan Ting -- First American Title Company
Cheng Hei -- None Available
Cheng Yuk Pun $510,000 California Title Company
Cheng Yuk Pun -- California Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cheng Hei $328,000
Previous Owner Cheng Yuk Pun $375,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/28/2022 04/28/22 Sold $660,000 +10.2% $492 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/18/2022 03/18/22 For Sale $599,000 0.0% $447 / Sq Ft
11/01/2019 11/01/19 Rented $2,200 -2.2% --
10/28/2019 10/28/19 Under Contract -- -- --
10/17/2019 10/17/19 Price Changed $2,250 -4.3% $2 / Sq Ft
09/06/2019 09/06/19 Price Changed $2,350 -4.1% $2 / Sq Ft
08/16/2019 08/16/19 For Rent $2,450 +14.0% --
10/01/2017 10/01/17 Rented $2,150 0.0% --
09/29/2017 09/29/17 Under Contract -- -- --
09/20/2017 09/20/17 For Rent $2,150 0.0% --
07/14/2017 07/14/17 Sold $510,000 +2.2% $380 / Sq Ft View Prior Sale
07/06/2017 07/06/17 Pending -- -- --
05/05/2017 05/05/17 For Sale $499,000 -- $372 / 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 $9,408 $700,396 $440,294 $260,102
2024 $9,408 $686,663 $431,661 $255,002
2023 $9,091 $673,200 $423,198 $250,002
2022 $7,277 $549,258 $335,822 $213,436
2021 $7,243 $538,489 $329,238 $209,251
2019 $6,941 $520,200 $322,626 $197,574
2018 $6,913 $510,000 $316,300 $193,700
2016 $3,363 $255,630 $71,010 $184,620
2015 $3,296 $251,791 $69,944 $181,847
2014 $3,254 $246,859 $68,574 $178,285
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR22054731

California Regional Multiple Listing Service (CRMLS)

APN: 5258-008-068