NOT LISTED FOR SALE

514 S Alhambra Ave Unit B Monterey Park, CA 91755

Estimated Value: $530,000 - $687,000

2 Beds
1.5 Baths
1,014 Sq Ft
$160/mo HOA Fee

Last Sold January 19, 2018

Last sale price $427,000 $421 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $3,907/month

8 Days on Market

Highlights

  • 41,224 Sq Ft lot
  • End Unit
  • Cooling Available
  • Garvey (Richard) Intermediate School Rated A-
  • Eat-In Kitchen
  • Laundry Room

About This Home

As of January 2018

Don't miss the opportunity to own this charming condo in a highly sought-after neighborhood! This unique end unit shares a private gated front courtyard with just one neighbor. The main level features a spacious living room, half bath, cozy kitchen with abundant cabinet space and a formal dining area. Upstairs you will find a spacious master bedroom, a generous sized second bedroom and a full hall bathroom. This unit features a 1-car covered carport & 1-car uncovered assigned parking space. The location is just minutes to freeways, shopping centers and great restaurants. The property is in turn-key condition, has low HOA fees and priced to sell quickly!

Last Agent to Sell the Property

Kevin Wang

CHLV GROUP, INC. License #01891517 Listed on: 12/13/2017

Last Buyer's Agent

JAMIE D'ANGELO

KW VISION License #01981560

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,615

Year Built

  • Built in 1972

Lot Details

  • End Unit
  • 1 Common Wall
  • Back and Front Yard

HOA Fees

  • $160 Monthly HOA Fees

Home Design

  • Turnkey

Interior Spaces

  • 1,014 Sq Ft Home
  • Dining Room
  • Eat-In Kitchen

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Carport

Parking

  • 1 Open Parking Space
  • 2 Parking Spaces
  • 1 Carport Space
  • On-Street Parking
  • Assigned Parking

Utilities

  • Cooling Available
  • Septic Type Unknown

Community Details

  • 13 Units
  • Ideal Property Management Association, Phone Number (626) 289-8888

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 35428
  • Assessor Parcel Number 5259005101

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,615

Year Built

Built in 1972

Lot Details

0

HOA Fees

$160 per month

Listing Details

  • Assessments: Yes
  • Other Phone Description: Kevin
  • Property Attached: Yes
  • View: No
  • Property Condition: Turnkey
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5259005101
  • Year Built: 1972
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1014.00 Square Feet
  • Common Walls: 1 Common Wall, End Unit
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area, Dining Room, In Kitchen
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 421.10
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.00
  • Parking Features: Assigned, Carport, Street
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Carport
  • Sewer: Unknown
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Call for Rules
  • Association Fee: 160.00
  • Association Fee Frequency: Monthly
  • Association Name: Ideal Property Management
  • Phone: 626-289-8888
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Alhambra

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 41224.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 13
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 35428

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2017
Closed on
Jan 11, 2018
Sold by
Wang Bao Hong
Bought by
Mallette Melinda
Seller's Agent
Kevin Wang
CHLV GROUP, INC.
Buyer's Agent
JAMIE D'ANGELO
KW VISION
List Price
$399,000
Sold Price
$427,000
Premium/Discount to List
$28,000
7.02%
Current Estimated Value
$583,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$156,717
Avg. Annual Appreciation
4.09%
Original Mortgage
$315,000
Interest Rate
3.94%
Mortgage Type
New Conventional
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
Mallette Melinda $427,000 Provident Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mallette Melinda $96,000
Open Mallette Melinda $308,400
Closed Mallette Melinda $315,000
Previous Owner Wang Kim Man $98,000
Previous Owner Wang Kim Man $97,533
Previous Owner Wang Kim Man $11,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/19/2018 01/19/18 Sold $427,000 0.0% $421 / Sq Ft
12/21/2017 12/21/17 Pending -- -- --
12/20/2017 12/20/17 Off Market $427,000 -- --
12/13/2017 12/13/17 For Sale $399,000 -- $393 / 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 $6,615 $485,847 $341,347 $144,500
2024 $6,615 $476,321 $334,654 $141,667
2023 $6,393 $466,983 $328,093 $138,890
2022 $6,102 $457,827 $321,660 $136,167
2021 $6,075 $448,851 $315,353 $133,498
2019 $5,847 $435,540 $306,000 $129,540
2018 $1,990 $132,025 $56,168 $75,857
2016 $1,850 $126,900 $53,988 $72,912
2015 $1,815 $124,995 $53,178 $71,817
2014 $1,798 $122,548 $52,137 $70,411
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS17236632

California Regional Multiple Listing Service (CRMLS)

APN: 5259-005-101