NOT LISTED FOR SALE

512 W Newmark Ave Monterey Park, CA 91754

Estimated Value: $889,000 - $1,000,000

3 Beds
1 Bath
1,020 Sq Ft
$905/Sq Ft Est. Value

Last Sold February 13, 2020

Last sale price $721,000 $707 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,683/month

2 Days on Market

Highlights

  • City Lights View
  • No HOA
  • Laundry Room
  • Ynez Elementary School Rated A-
  • Living Room
  • Bike Trail

About This Home

As of February 2020

Beautiful, well-kept home in highly desired area of Monterey Park! This home features 3 bedrooms, 1 bathroom, covered patio, 2 car garage, and an amazingly relaxing backyard. Lot size of 7,857 sqft offers development opportunities!! Buyer to confirm with City. Great, great location!! Close to lots of shopping centers and other entertainment facilities, great for friends and families. Schools and freeway are conveniently close to the property!! 10, 60, and 710 freeways are a short drive!!! Come check out this charming home soon!! Won't be on the market too long!!!!

Last Agent to Sell the Property

Kevin Messiha

Keller Williams SELA License #01883819 Listed on: 01/21/2020

Keller Williams SELA

Last Buyer's Agent

Kevin Messiha

Keller Williams SELA License #01883819 Listed on: 01/21/2020

Keller Williams SELA

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,217

Year Built

  • Built in 1952

Lot Details

  • 7,857 Sq Ft Lot
  • Back and Front Yard
  • Property is zoned MPR3*

Parking

  • 2 Car Garage

Property Views

  • City Lights
  • Neighborhood

Interior Spaces

  • 1,020 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Living Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Legal Lot and Block 1 / B
  • Tax Tract Number 786
  • Assessor Parcel Number 5257006004

Community Details

Overview

  • No Home Owners Association

Recreation

  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,217

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: MPR3*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5257006004
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1020.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 706.86
  • Room Type: All Bedrooms Down, Entry, Kitchen, Laundry, Living Room, Master Bedroom

Exterior Features

  • View: City Lights, Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Unknown
  • Water Source: Other

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 7857.00
  • Lot Size Acres: 0.1804

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7857.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: B
  • Tax Census Tract: 4821.01
  • Tax Lot: 1
  • Tax Tract Number: 786

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 21, 2020
Closed on
Jan 29, 2020
Sold by
French Cindy T
Bought by
French Jerry F
Seller's Agent
Kevin Messiha
Keller Williams SELA
Buyer's Agent
Kevin Messiha
Keller Williams SELA
List Price
$699,000
Sold Price
$721,000
Premium/Discount to List
$22,000
3.15%
Current Estimated Value
$923,144

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$202,144
Avg. Annual Appreciation
4.43%

Purchase Details

Closed on
Oct 24, 2019
Sold by
Knudsen Don D
Bought by
Knudsen Don D and French Jerry F
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
French Jerry F -- Fidelity National Title Co
Aa Management Llc $721,000 Fidelity National Title Co
Knudsen Don D -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2020 02/13/20 Sold $721,000 +3.1% $707 / Sq Ft
01/23/2020 01/23/20 Pending -- -- --
01/21/2020 01/21/20 For Sale $699,000 -- $685 / 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 $10,217 $788,513 $630,812 $157,701
2024 $10,217 $773,053 $618,444 $154,609
2023 $10,010 $757,896 $606,318 $151,578
2022 $9,534 $743,036 $594,430 $148,606
2021 $10,148 $728,468 $582,775 $145,693
2020 $1,044 $57,331 $26,428 $30,903
2019 $1,017 $56,208 $25,910 $30,298
2018 $934 $55,106 $25,402 $29,704
2016 $884 $52,967 $24,416 $28,551
2015 $869 $52,173 $24,050 $28,123
2014 $867 $51,152 $23,579 $27,573
Source: Public Records

Agents Affiliated with this Home

  • Kevin Messiha

    Seller's Agent in 2020

    Kevin Messiha

    Keller Williams SELA

    (562) 250-3238

    151 Total Sales

    Kevin Messiha
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW20014569

California Regional Multiple Listing Service (CRMLS)

APN: 5257-006-004

California Los Angeles County Monterey Park 91754

512 W Newmark Ave, Monterey Park, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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