513 Florence Ave Unit 2 Monterey Park, CA 91755
Estimated Value: $1,075,304 - $1,269,000
            
                4
                Beds
            
            
            
                4
                Baths
            
            
            
                2,205
                Sq Ft
            
            
                
                    $535/Sq Ft
                    Est. Value
                
                
        
    
    
About This Home
This home is located at 513 Florence Ave Unit 2, Monterey Park, CA 91755 and is currently estimated at $1,179,576, approximately $534 per square foot. 513 Florence Ave Unit 2 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
            
            
                Mar 17, 2009
            
        
                Sold by
            
            
                Lin Derek C and Lin Jun
            
        
                Bought by
            
            
                Lin Derek C
            
        
                            Current Estimated Value
                        
                        
                    Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $219,800
            
        
                Outstanding Balance
            
            
                $140,207
            
        
                Interest Rate
            
            
                5.19%
            
        
                Mortgage Type
            
            
                New Conventional
            
        
                Estimated Equity
            
            
                $1,039,369
            
        Purchase Details
                Closed on
            
            
                Apr 7, 2006
            
        
                Sold by
            
            
                Florence Development Llc
            
        
                Bought by
            
            
                Lin Derek
            
        Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
                Original Mortgage
            
            
                $230,000
            
        
                Interest Rate
            
            
                6.2%
            
        
                Mortgage Type
            
            
                Fannie Mae Freddie Mac
            
        
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        Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company | 
|---|---|---|---|
| Lin Derek C | -- | Old Republic Title Company | |
| Lin Derek | $680,000 | Commonwealth Land Title Co | 
                Source: Public Records
            
        Mortgage History
| Date | Status | Borrower | Loan Amount | 
|---|---|---|---|
| Open | Lin Derek C | $219,800 | |
| Closed | Lin Derek | $230,000 | 
                Source: Public Records
            
        Tax History Compared to Growth
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 | $12,424 | $929,262 | $546,628 | $382,634 | 
| 2024 | $12,424 | $911,042 | $535,910 | $375,132 | 
| 2023 | $12,006 | $893,179 | $525,402 | $367,777 | 
| 2022 | $11,455 | $875,666 | $515,100 | $360,566 | 
| 2021 | $11,401 | $858,497 | $505,000 | $353,497 | 
| 2019 | $10,969 | $833,035 | $490,022 | $343,013 | 
| 2018 | $10,901 | $816,702 | $480,414 | $336,288 | 
| 2016 | $9,315 | $728,500 | $428,500 | $300,000 | 
| 2015 | $8,948 | $706,000 | $414,700 | $291,300 | 
| 2014 | $8,583 | $673,000 | $395,300 | $277,700 | 
                Source: Public Records
                    
            
        Map
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