NOT LISTED FOR SALE

512 Everett Ave Monterey Park, CA 91755

Estimated Value: $1,030,000 - $1,258,000

4 Beds
2.5 Baths
1,993 Sq Ft
$582/Sq Ft Est. Value

Last Sold January 10, 2024

Last sale price $930,000 $467 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $7,604/month

10 Days on Market

Highlights

  • Solar Power System
  • Main Floor Primary Bedroom
  • 3 Car Attached Garage
  • Repetto Elementary School Rated A-
  • No HOA
  • Laundry Room

About This Home

As of January 2024

Explore an unparalleled investment opportunity in Monterey Park – a developer's dream with R2 zoning. This 1993 sq ft single-family home on a vast 10,959 sq ft lot offers immense potential for expansion and increased value. Situated in a prime location with excellent schools, restaurants, and shopping nearby, this property is a canvas for transformation. The 3-car garage adds convenience and an incomplete upstairs flat with a separate entrance presents versatile living options. Buyers should verify land use, permits, and property conditions. Despite the need for repairs, this 4-bed, 2.5-bath home with a separate laundry room is a solid foundation for customization. A unique feature is its participation in a Power Purchase Agreement with IGS Solar, resulting in significantly reduced energy costs and a commitment to green living. Don't miss the chance to shape the future of this Monterey Park gem and capitalize on a rare investment opportunity!

Last Agent to Sell the Property

Jennifer Purzycki

CENTURY 21 Affiliated License #01875805 Listed on: 11/27/2023

CENTURY 21 Affiliated

Co-Listed By

Dawn White

CENTURY 21 Affiliated License #01896876

Last Buyer's Agent

Jennifer Purzycki

CENTURY 21 Affiliated License #01875805 Listed on: 11/27/2023

CENTURY 21 Affiliated

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,391

Year Built

  • Built in 1953

Lot Details

  • 0.25 Acre Lot
  • Density is up to 1 Unit/Acre

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Driveway Up Slope From Street

Home Design

  • Stucco

Interior Spaces

  • 1,993 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Additional Features

  • Solar Power System
  • Exterior Lighting

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 1972
  • Assessor Parcel Number 5259002060
  • $623 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,391

Year Built

Built in 1953

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5259002060
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1993.00 Square Feet
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 466.63
  • Room Type: Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom

Exterior Features

  • Pool Private: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway Up Slope From Street, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Street Lights

Schools

  • School District: Alhambra

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 10959.00
  • Lot Size Acres: 0.2516

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10959.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 13
  • Tax Tract Number: 1972
  • TaxOtherAnnualAssessmentAmount: 623.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 22, 2025
Sold by
Tsai Cheng Yuan and Hsu Hsin-Yih Patty
Bought by
Tsai Cheng Yuan and Hsu Hsinyih Patty
Current Estimated Value
$1,160,101

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$756,000
Outstanding Balance
$753,939
Interest Rate
6.5%
Mortgage Type
New Conventional
Estimated Equity
$412,857

Purchase Details

Listed on
Nov 27, 2023
Closed on
Dec 22, 2023
Sold by
Kaup Tamara Novotny
Bought by
Tsai Cheng Yuan and Hsu Hsin-Yih Patty
Seller's Agent
Jennifer Purzycki
CENTURY 21 Affiliated
Buyer's Agent
Jennifer Purzycki
CENTURY 21 Affiliated
List Price
$1,100,000
Sold Price
$930,000
Premium/Discount to List
-$170,000
-15.45%
Views
528

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.13%
Original Mortgage
$744,000
Interest Rate
7.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 19, 2012
Sold by
Novotny Edward J and Novotny Carolyn J
Bought by
Novotny Edward J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,000
Interest Rate
3.91%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 24, 2009
Sold by
Novotny Edward J and Novotny Carolyn J
Bought by
Novotny Edward J and Novotny Carolyn J
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
Tsai Cheng Yuan -- Wfg National Title
Tsai Cheng Yuan $930,000 California Best Title
Novotny Edward J -- Old Republic Title Company
Novotny Edward J -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tsai Cheng Yuan $756,000
Previous Owner Tsai Cheng Yuan $756,000
Previous Owner Tsai Cheng Yuan $744,000
Previous Owner Novotny Edward J $505,800
Previous Owner Novotny Edward J $507,000
Previous Owner Novotny Edward J $484,350
Previous Owner Novotny Edward J $448,000
Previous Owner Novotny Edward J $365,850
Previous Owner Novotny Edward J $346,000
Previous Owner Novotny Edward J $202,800
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/10/2024 01/10/24 Sold $930,000 -15.5% $467 / Sq Ft
12/07/2023 12/07/23 Pending -- -- --
11/27/2023 11/27/23 For Sale $1,100,000 -- $552 / 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 $15,391 $948,600 $738,684 $209,916
2024 $15,391 $1,165,860 $816,000 $349,860
2023 $2,238 $134,282 $31,614 $102,668
2022 $2,149 $131,650 $30,995 $100,655
2021 $2,112 $129,070 $30,388 $98,682
2019 $2,047 $125,244 $29,488 $95,756
2018 $1,859 $122,789 $28,910 $93,879
2016 $1,727 $118,024 $27,789 $90,235
2015 $1,700 $116,252 $27,372 $88,880
2014 $1,687 $113,975 $26,836 $87,139
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC23214411

California Regional Multiple Listing Service (CRMLS)

APN: 5259-002-060