Seller's Agent in 2023
Jack Wang
Balboa Real Estate, Inc.
(626) 755-5708
1 in this area
11 Total Sales
516 N Lincoln Ave Monterey Park, CA 91755
Estimated Value: $1,038,000 - $1,233,000
4
Beds
4
Baths
1,926
Sq Ft
$598/Sq Ft
Est. Value
Highlights
- Primary Bedroom Suite
- Updated Kitchen
- Open Floorplan
- Ynez Elementary School Rated A-
- 0.41 Acre Lot
- End Unit
About This Home
As of November 2023FRONT UNIT! NO SHARED WALLS! Here’s the opportunity you’ve been waiting for. Available for the first time in 20 years, this stylishly updated home boasts soaring tray ceilings along with 4 spacious bedrooms & baths. Step into a world of elegance and modern living as you notice the new flooring, chic lighting fixtures, and elegant gold accents throughout. The open and well-thought-out floor plan features a generous living room with a lovely travertine fireplace and is just the right size for large gatherings where cherished memories are made. Stunning designer backsplash magnificently pops against the bright white cabinets and quartz countertops in the Chef’s kitchen that includes stainless steel appliances. Adjacent to the kitchen you’ll find a completely remodeled bathroom and a bedroom that could serve as a study where creativity meets brilliance. The large 2 car garage provides plenty of storage and has direct access into the home. A third dedicated parking space is adjacent to the home for your convenience. Up a flight of stairs, you’ll find not 1, not 2, but 3 suites each with its own updated bathroom. The enormous primary suite is fit for royalty and has a vast walk-in closet ready to be customized for the fashionista in you. If outdoor space is what you’re after, look no further. One could search for years and not find a home of this quality, functionality, and with this much yard space in this price point. Conveniently located to freeways and within walking distance to dining, shopping, and highly acclaimed Mark Keppel High School. Don’t blink, or it’ll be gone!
Townhouse Details
Home Type
- Townhome
Est. Annual Taxes
- $14,411
Year Built
- Built in 2003 | Remodeled
Lot Details
- No Common Walls
- End Unit
HOA Fees
- $100 Monthly HOA Fees
Parking
- 2 Car Attached Garage
- Parking Available
- Automatic Gate
- Parking Lot
- Assigned Parking
Home Design
- Entry on the 1st floor
- Turnkey
- Slab Foundation
Interior Spaces
- 1,926 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Tray Ceiling
- High Ceiling
- Recessed Lighting
- Living Room with Fireplace
- Dining Room
- Home Office
- Laminate Flooring
Kitchen
- Updated Kitchen
- Gas Oven
- Gas Range
- Microwave
- Dishwasher
- Quartz Countertops
Bedrooms and Bathrooms
- 4 Bedrooms | 1 Main Level Bedroom
- Primary Bedroom Suite
- Walk-In Closet
- Remodeled Bathroom
- 4 Full Bathrooms
- Quartz Bathroom Countertops
- Dual Vanity Sinks in Primary Bathroom
- Low Flow Toliet
- Soaking Tub
- Bathtub with Shower
- Separate Shower
- Exhaust Fan In Bathroom
Laundry
- Laundry Room
- Laundry in Garage
- Dryer
- Washer
Home Security
Outdoor Features
- Balcony
- Exterior Lighting
Schools
- Mark Keppel High School
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 1
- Tax Tract Number 1840
- Assessor Parcel Number 5255014036
Community Details
Overview
- 4 Units
- Lincoln Homeowners Association
Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 15, 2023
Closed on
Nov 17, 2023
Sold by
Wang Chi Kuang and Wang Richard Chi
Bought by
Xu Qiufeng
Seller's Agent
Jack Wang
Balboa Real Estate, Inc.
Buyer's Agent
Qiyu Chen
Pinnacle Real Estate Group
List Price
$1,028,000
Sold Price
$1,100,000
Premium/Discount to List
$72,000
7%
Views
392
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$51,364
Avg. Annual Appreciation
2.36%
Original Mortgage
$825,000
Interest Rate
8.75%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 18, 2023
Sold by
Wang Family Trust and Wang Chi Kuang
Bought by
Wang Chi Kuang and Wang Richard Chi
Purchase Details
Closed on
Nov 4, 2021
Sold by
Wang Chi Kuang
Bought by
Wang Wei Chan and Wang Suchin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 20, 2021
Sold by
Wang Feng Kuang
Bought by
Wang Chi Kuang
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
2.8%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 22, 2020
Sold by
Wang Wei Chan and Wang Suchin
Bought by
Wang Wei Chan and Wang Suchin
Purchase Details
Closed on
Jul 18, 2003
Sold by
Yam May and Yam Jenny Yan
Bought by
Wang Wei Chan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$164,000
Interest Rate
5.13%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Xu Qiufeng | $1,100,000 | First American Title Company | |
| Wang Chi Kuang | -- | None Listed On Document | |
| Wang Wei Chan | -- | None Available | |
| Wang Chi Kuang | -- | Orange Coast Ttl Co Of Nocal | |
| Wang Wei Chan | -- | Orange Coast Ttl Co Of Nocal | |
| Wang Wei Chan | -- | None Available | |
| Wang Wei Chan | $459,000 | Investors Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Xu Qiufeng | $820,000 | |
| Closed | Xu Qiufeng | $825,000 | |
| Previous Owner | Wang Chi Kuang | $400,000 | |
| Previous Owner | Wang Wei Chan | $138,000 | |
| Previous Owner | Wang Wei Chan | $164,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 11/28/2023 11/28/23 | Sold | $1,100,000 | +7.0% | $571 / Sq Ft |
| 10/30/2023 10/30/23 | Pending | -- | -- | -- |
| 10/15/2023 10/15/23 | For Sale | $1,028,000 | -- | $534 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $14,411 | $1,122,000 | $632,400 | $489,600 |
| 2024 | $14,411 | $1,100,000 | $620,000 | $480,000 |
| 2023 | $8,334 | $627,247 | $189,947 | $437,300 |
| 2022 | $7,940 | $614,949 | $186,223 | $428,726 |
| 2021 | $7,841 | $602,892 | $182,572 | $420,320 |
| 2019 | $7,561 | $585,011 | $177,157 | $407,854 |
| 2018 | $7,523 | $573,541 | $173,684 | $399,857 |
| 2016 | $6,901 | $551,272 | $166,941 | $384,331 |
| 2015 | $6,774 | $542,992 | $164,434 | $378,558 |
| 2014 | $6,697 | $532,356 | $161,213 | $371,143 |
Source: Public Records
Agents Affiliated with this Home
-
Jack Wang
-
Qiyu Chen
Buyer's Agent in 2023
Qiyu Chen
Pinnacle Real Estate Group
(909) 828-8088
1 in this area
62 Total Sales
-
Sampson Wu
Buyer Co-Listing Agent in 2023
Sampson Wu
Pinnacle Real Estate Group
(909) 828-0808
1 in this area
40 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: DW23191304
APN: 5255-014-036
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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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