NOT LISTED FOR SALE

517 E Emerson Ave Monterey Park, CA 91755

Estimated Value: $822,000 - $840,923

2 Beds
1 Bath
1,056 Sq Ft
$785/Sq Ft Est. Value

Last Sold December 11, 2020

Last sale price $606,000 $574 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,107/month

45 Days on Market

Highlights

  • Property is near a park
  • No HOA
  • Eat-In Kitchen
  • Garvey (Richard) Intermediate School Rated A-
  • Shutters
  • 4-minute walk to Sierra Vista Park

About This Home

As of December 2020

First time on the market in nearly 60 years, this 2 bedroom, 1 bath home already has some great features including an EXTRA LARGE BATHROOM with both a tub and separate shower, newer roof, newer shutters, upgraded electrical panel with 220 wired to the stove, wheelchair accessible ramp in the front, long driveway with both a garage and carport, electric gate with private front yard, and close proximity to the neighborhood park. Did I mention the EXTRA LARGE BATHROOM? Come check it out! All it needs is the perfect buyer ready to add their own touches!

Last Agent to Sell the Property

Kristin Gutierrez

EXP REALTY OF CALIFORNIA INC License #01965472 Listed on: 09/03/2020

EXP REALTY OF CALIFORNIA INC

Last Buyer's Agent

David Chan

CHAN INVESTMENT GRP. License #01904887

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,884

Year Built

  • Built in 1939

Lot Details

  • 4,499 Sq Ft Lot
  • Back and Front Yard
  • Property is zoned MPR2YY

Parking

  • 1 Car Garage
  • 1 Carport Space
  • Parking Available
  • Driveway

Home Design

  • Bungalow
  • Raised Foundation
  • Composition Roof

Interior Spaces

  • 1,056 Sq Ft Home
  • 1-Story Property
  • Shutters
  • Living Room
  • Carpet

Kitchen

  • Eat-In Kitchen
  • Electric Range

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Cooling System Mounted To A Wall/Window
  • 220 Volts in Kitchen

Additional Features

  • Ramp on the main level
  • Property is near a park

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 1548
  • Assessor Parcel Number 5258009041

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,884

Year Built

Built in 1939

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Stove, 2 storage sheds, workbenches/shelving in garage
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: MPR2YY
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5258009041
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1056.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet
  • Accessibility Features: Ramp - Main Level
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: In Kitchen
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 573.86
  • Room Type: All Bedrooms Down, Kitchen, Living Room
  • Window Features: Shutters
  • Bathroom Features: Bathtub, Shower

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Carport, Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Phone Connected, Sewer Connected, Water Connected
  • Laundry: Yes
  • Appliances: Electric Range
  • Electric: 220 Volts in Kitchen
  • Laundry Features: In Garage, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Front Yard, Park Nearby
  • Lot Size Sq Ft: 4499.00
  • Lot Size Acres: 0.1033

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4499.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4817.12
  • Tax Lot: 2
  • Tax Tract Number: 1548

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 3, 2020
Closed on
Oct 25, 2020
Sold by
Minikel Steven and The Irma J Minikel Trust
Bought by
Zepeda Gilbert A and Ly Regina
Seller's Agent
Kristin Gutierrez
EXP REALTY OF CALIFORNIA INC
Buyer's Agent
David Chan
CHAN INVESTMENT GRP.
List Price
$639,000
Sold Price
$606,000
Premium/Discount to List
-$33,000
-5.16%
Current Estimated Value
$829,481

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$223,481
Avg. Annual Appreciation
6.55%
Original Mortgage
$545,400
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 20, 2015
Sold by
Minikel Irma J
Bought by
Minikel Irma J and Irma J Minikel Trust
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
Zepeda Gilbert A $606,000 Old Republic Title Company
Minikel Irma J -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Zepeda Gilbert A $545,400
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/11/2020 12/11/20 Sold $606,000 -3.8% $574 / Sq Ft
10/19/2020 10/19/20 Pending -- -- --
09/11/2020 09/11/20 Price Changed $629,888 0.0% $596 / Sq Ft
09/11/2020 09/11/20 Price Changed $629,900 -1.4% $596 / Sq Ft
09/03/2020 09/03/20 For Sale $639,000 +5.4% $605 / Sq Ft
08/31/2020 08/31/20 Off Market $606,000 -- --
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 $8,884 $655,950 $524,761 $131,189
2024 $8,884 $643,089 $514,472 $128,617
2023 $8,586 $630,481 $504,385 $126,096
2022 $8,194 $618,120 $494,496 $123,624
2021 $8,159 $606,000 $484,800 $121,200
2020 $922 $49,037 $22,836 $26,201
2019 $900 $48,077 $22,389 $25,688
2018 $834 $47,135 $21,950 $25,185
2016 $788 $45,307 $21,099 $24,208
2015 $772 $44,628 $20,783 $23,845
2014 $770 $43,754 $20,376 $23,378
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20161465

California Regional Multiple Listing Service (CRMLS)

APN: 5258-009-041