NOT LISTED FOR SALE

515 N Mcpherrin Ave Unit B Monterey Park, CA 91754

Estimated Value: $771,218 - $890,000

3 Beds
2.5 Baths
1,561 Sq Ft
$200/mo HOA Fee

Last Sold July 19, 2019

Last sale price $605,000 $388 Per Sq Ft

Est. 38% increase in value since last sale

Current estimated payment $5,282/month

29 Days on Market

Highlights

  • Primary Bedroom Suite
  • 0.45 Acre Lot
  • Property is near a park
  • Ynez Elementary School Rated A-
  • Open Floorplan
  • Two Story Ceilings

About This Home

As of July 2019

This gorgeous end unit, beautifully remodeled in 2015, offers 3 bedrooms, 2.5 bathrooms, and an updated, spacious environment that is suitable for any household. This unit’s front entrance is located behind a separate pedestrian fence that provides for additional privacy. Upon entering, you are welcomed by an incredibly spacious and airy living room featuring recessed lighting, 2-story vaulted ceilings, pristine carpet flooring, a cozy fireplace, and a guest bath. The naturally bright dining area opens up to the kitchen which features recessed lighting, wood cabinets, stunning Black Galaxy Marble countertops, updated laminate flooring, gourmet 5-burner gas stove, oven & range, and dishwasher. The top of the open stairway provides the perfect open-concept feel as it overlooks the living room. 2 comfortably-sized bedrooms, a full bathroom, as well as the cavernous Master suite are located on the upper level. The Master bedroom boasts plush carpeting, charming French doors to a private balcony, an abundance of closet space, and a Master bathroom that features a dual-sink vanity, Marble counter-tops, espresso cabinets, and tile walls & flooring. Enjoy relaxing Summertime barbecues in the sizable patio area with friends & family. The laundry hook-ups are conveniently located inside the attached 2-car garage with newer automatic door & motor, and newer water heater & softener. This home belongs to the outstanding Alhambra Unified School District & the prestigious Mark Keppel High.

Last Agent to Sell the Property

Sharon Liu

Re/Max Premier Prop Arcadia License #01720175 Listed on: 05/15/2019

Re/Max Premier Prop Arcadia

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,580

Year Built

  • Built in 1984 | Remodeled

Lot Details

  • End Unit
  • 1 Common Wall
  • Private Yard

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Single Garage Door
  • Garage Door Opener

Home Design

  • Turnkey

Interior Spaces

  • 1,561 Sq Ft Home
  • Open Floorplan
  • Two Story Ceilings
  • Recessed Lighting
  • French Doors
  • Living Room
  • Dining Room
  • Library with Fireplace
  • Neighborhood Views
  • Window Bars

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Stone Countertops
  • Utility Sink

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Balcony
  • Patio

Location

  • Property is near a park

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Water Softener

Community Details

  • Master Insurance
  • 7 Units
  • Mcpherrin Park HOA, Phone Number (626) 642-1717
  • Mcpherrin Park Management HOA
  • Maintained Community

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 40856
  • Assessor Parcel Number 5256012096

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,580

Year Built

Built in 1984 | Remodeled

Lot Details

0

HOA Fees

$200 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Window Bars
  • View: Yes
  • Zoning: MPR2*
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5256012096
  • Year Built: 1984
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1561.00 Square Feet
  • Interior Amenities: Balcony, Open Floorplan, Recessed Lighting, Two Story Ceilings
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Eating Area: Area, Dining Room
  • Fireplace Features: Library
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 387.57
  • Room Type: All Bedrooms Up, Kitchen, Living Room, Master Bathroom, Master Bedroom, Master Suite
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Bath(s), Double Sinks In Master Bath, Remodeled, Stone Counters, Upgraded, Vanity Area, Walk-In Shower
  • Room Kitchen Features: Stone Counters, Utility Sink

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage - Single Door, Garage Door Opener, Private
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater, Water Heater, Water Softener
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Gas Dryer Hookup, In Garage, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Maintenance Grounds, Trash, Water, Call for Rules
  • Association Fee: 200.00
  • Association Fee Frequency: Monthly
  • Association Name: McPherrin Park HOA
  • Phone: (626) 642-1717
  • Senior Community: No
  • Community Features: Curbs, Sidewalks
  • Association Management: McPherrin Park Management

Schools

  • School District: Alhambra

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft, Park Nearby, Yard
  • Lot Size Sq Ft: 19763.00
  • Lot Size Acres: 0.4537

Multi Family

  • Lease Considered: No
  • Lot Size Area: 19763.0000 Square Feet
  • Number Of Units In Community: 7
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4817.13
  • Tax Lot: 1
  • Tax Tract Number: 40856

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2019
Closed on
Jun 12, 2019
Sold by
Li Sa
Bought by
Min Marcus and Min Grace
Seller's Agent
Sharon Liu
Re/Max Premier Prop Arcadia
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$618,000
Sold Price
$605,000
Premium/Discount to List
-$13,000
-2.1%
Current Estimated Value
$832,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$227,805
Avg. Annual Appreciation
5.22%
Original Mortgage
$393,250
Outstanding Balance
$343,782
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$489,023

Purchase Details

Listed on
Mar 14, 2015
Closed on
Apr 27, 2015
Sold by
Miao Ming
Bought by
Li Sa
Seller's Agent
Catherine Tran
CYT Realty
Buyer's Agent
Henry Liu
Coldwell Banker Dynasty Arc.
List Price
$478,000
Sold Price
$495,000
Premium/Discount to List
$17,000
3.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.91%
Original Mortgage
$371,250
Interest Rate
2.87%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 18, 2007
Sold by
Federal National Mortgage Association
Bought by
Chase Home Finance Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,600
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2007
Sold by
Chase Home Finance Llc
Bought by
Miao Ming

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,600
Interest Rate
6.12%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 26, 2007
Sold by
Chase Home Finance Llc
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Dec 15, 2006
Sold by
Meng Qing Wei
Bought by
Chase Home Finance Llc

Purchase Details

Closed on
Jun 13, 2006
Sold by
Meng Qing Wei
Bought by
Liu F and Meng Trust

Purchase Details

Closed on
Jul 14, 2005
Sold by
Wong Eliza M
Bought by
Meng Qing Wei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$382,400
Interest Rate
5.51%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jul 20, 2004
Sold by
Chan Esther Yat Ping
Bought by
Wong Eliza M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.27%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2002
Sold by
Chan Esther Yat Ping
Bought by
Chan Esther Yat Ping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 28, 2002
Sold by
Cheung Waylon
Bought by
Chan Esther Yat Ping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,000
Interest Rate
5.88%
Mortgage Type
Purchase Money Mortgage
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
Min Marcus $605,000 Wfg Title
Li Sa $495,000 Priority Title
Chase Home Finance Llc -- First American Title Co
Miao Ming $432,000 First American Title Ins Co
Federal National Mortgage Association -- Accommodation
Chase Home Finance Llc $408,979 Accommodation
Liu F -- None Available
Meng Qing Wei $478,000 Commonwealth Title
Wong Eliza M $300,000 United Title Company-La
Chan Esther Yat Ping -- --
Chan Esther Yat Ping -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Min Marcus $393,250
Previous Owner Li Sa $371,250
Previous Owner Miao Ming $345,600
Previous Owner Meng Qing Wei $382,400
Previous Owner Wong Eliza M $240,000
Previous Owner Chan Esther Yat Ping $110,000
Previous Owner Chan Esther Yat Ping $110,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/19/2019 07/19/19 Sold $605,000 -2.1% $388 / Sq Ft
06/13/2019 06/13/19 Pending -- -- --
05/15/2019 05/15/19 For Sale $618,000 +24.8% $396 / Sq Ft
05/13/2015 05/13/15 Sold $495,000 +3.6% $317 / Sq Ft View Prior Sale
05/12/2015 05/12/15 Pending -- -- --
03/14/2015 03/14/15 For Sale $478,000 -- $306 / 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 $8,580 $661,651 $441,393 $220,258
2024 $8,580 $648,679 $432,739 $215,940
2023 $8,406 $635,960 $424,254 $211,706
2022 $8,006 $623,491 $415,936 $207,555
2021 $7,911 $611,267 $407,781 $203,486
2020 $7,865 $605,000 $403,600 $201,400
2019 $810 $533,305 $319,768 $213,537
2018 $6,823 $522,849 $313,499 $209,350
2016 $6,300 $502,548 $301,326 $201,222
2015 $5,692 $445,903 $334,429 $111,474
2014 -- $437,169 $327,878 $109,291
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR19112136

California Regional Multiple Listing Service (CRMLS)

APN: 5256-012-096