NOT LISTED FOR SALE

516 E Newmark Ave Monterey Park, CA 91755

Estimated Value: $988,846 - $1,112,000

4 Beds
3 Baths
1,963 Sq Ft
$538/Sq Ft Est. Value

Last Sold March 20, 2017

Last sale price $688,000 $350 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $6,525/month

5 Days on Market

Highlights

  • 37,424 Sq Ft lot
  • Mountain View
  • East Facing Home
  • Monterey Vista Elementary School Rated A-
  • Central Heating and Cooling System
  • Back Yard

About This Home

As of March 2017

Prime location and neighborhood in Monterey Park. This fabulous detached PUD offers a pleasant floor plan and a spacious living area. It features a cozy living room that has a bundle of nature light, a formal dining room overlooks out to a private back yard, and a large kitchen with granite counter tops. It has 4 spacious bedrooms and 3 bathrooms including a super size master suite featuring a private sitting area, spa tub, separate stall shower room, walk-in closet, and large windows. A fabulous den upstairs which can be used at office and play room. Additionally, the outstanding downstairs bedroom is perfect for your convenience. Other highlights include dual-pane windows, central AC, and 3-car garage with additional guest parking. Distinguished Mark Keppel High school. Excellent location near school, park, shopping centers, markets and library.

Last Agent to Sell the Property

Sharon Liu

Re/Max Premier Prop Arcadia License #01720175 Listed on: 01/23/2017

Re/Max Premier Prop Arcadia

Last Buyer's Agent

Sharon Liu

Re/Max Premier Prop Arcadia License #01720175 Listed on: 01/23/2017

Re/Max Premier Prop Arcadia

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 2002

Lot Details

  • 0.86 Acre Lot
  • No Common Walls
  • East Facing Home
  • Back Yard

HOA Fees

  • $101 Monthly HOA Fees

Parking

  • 3 Car Garage

Interior Spaces

  • 1,963 Sq Ft Home
  • Mountain Views

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • All Upper Level Bedrooms
  • 3 Full Bathrooms

Schools

  • Mark Keppe High School

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 53490
  • Assessor Parcel Number 5259007130

Townhouse Details

Home Type

Townhome

Year Built

Built in 2002

Lot Details

0

HOA Fees

$101 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: MPR3*
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 5259007130
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1963.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 350.48
  • Room Type: All Bedrooms Up

Exterior Features

  • Direction Faces: East
  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Association Fee: 100.88
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs

Schools

  • High School: Mark Keppe
  • High School2: MARKEP2

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 37424.00

Multi Family

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

Tax Info

  • Tax Census Tract: 4822.02
  • Tax Lot: 1
  • Tax Tract Number: 53490

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2017
Closed on
Jan 31, 2017
Sold by
Bergman Jeffrey Allen and Yang Wen Fang
Bought by
Liang Wenkel and Yu Jingyi
Seller's Agent
Sharon Liu
Re/Max Premier Prop Arcadia
Buyer's Agent
Sharon Liu
Re/Max Premier Prop Arcadia
List Price
$698,000
Sold Price
$688,000
Premium/Discount to List
-$10,000
-1.43%
Current Estimated Value
$1,055,712

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$367,712
Avg. Annual Appreciation
5.00%
Original Mortgage
$538,000
Outstanding Balance
$445,317
Interest Rate
4.19%
Mortgage Type
New Conventional
Estimated Equity
$610,395

Purchase Details

Closed on
May 21, 2012
Sold by
Bergman Jeffrey A
Bought by
Bergman Jeffrey Allen and Yang Wen Fang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$293,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 22, 2004
Sold by
Nguyen Thanh and Pham Diem Thu
Bought by
Bergman Jeffrey A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$333,700
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2002
Sold by
Foolo Corp
Bought by
Nguyen Thanh and Pham Diem Thu

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,000
Interest Rate
6.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2001
Sold by
Lei Charles
Bought by
Foolo Corp

Purchase Details

Closed on
Jan 31, 2001
Sold by
Lei Charles
Bought by
Dah Fat Realty Corp

Purchase Details

Closed on
Jan 26, 2001
Sold by
Dah Fat Realty Corp
Bought by
Lei Charles

Purchase Details

Closed on
Jun 2, 2000
Sold by
Pan David C
Bought by
Dah Fat Realty Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Liang Wenkel $688,000 Fidelity National Title
Bergman Jeffrey Allen -- Fidelity National Title
Bergman Jeffrey A $495,000 Ticor Gln
Nguyen Thanh $370,000 First American Title
Foolo Corp -- First American Title Co
Dah Fat Realty Corp -- --
Lei Charles -- First American Title Co
Dah Fat Realty Corp $458,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liang Wenkel $538,000
Previous Owner Bergman Jeffrey Allen $293,000
Previous Owner Bergman Jeffrey A $333,700
Previous Owner Nguyen Thanh $296,000
Closed Bergman Jeffrey A $62,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/20/2017 03/20/17 Sold $688,000 -1.4% $350 / Sq Ft
01/28/2017 01/28/17 Pending -- -- --
01/23/2017 01/23/17 For Sale $698,000 -- $356 / 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 $10,714 $798,476 $445,197 $353,279
2024 $10,714 $782,820 $436,468 $346,352
2023 $10,354 $767,471 $427,910 $339,561
2022 $9,880 $752,423 $419,520 $332,903
2021 $9,832 $737,671 $411,295 $326,376
2019 $9,400 $715,794 $399,097 $316,697
2018 $9,349 $701,760 $391,272 $310,488
2016 $7,442 $582,852 $330,990 $251,862
2015 $7,294 $574,098 $326,019 $248,079
2014 $7,192 $562,853 $319,633 $243,220
Source: Public Records

Agents Affiliated with this Home

  • Sharon Liu

    Seller's Agent in 2017

    Sharon Liu

    RE/MAX

    (626) 758-0937

    66 in this area

    245 Total Sales

    Sharon Liu
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR16763945

California Regional Multiple Listing Service (CRMLS)

APN: 5259-007-130

California Los Angeles County Monterey Park 91755

516 E Newmark Ave, Monterey Park, CA

Not Listed for Sale

Townhouses

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