NOT LISTED FOR SALE

517 S Orange Ave Unit A Monterey Park, CA 91755

Estimated Value: $741,851 - $873,000

3 Beds
3 Baths
1,498 Sq Ft
$305/mo HOA Fee

Last Sold March 19, 2019

Last sale price $545,500 $364 Per Sq Ft

Est. 40% increase in value since last sale

Current estimated payment $5,162/month

43 Days on Market

Highlights

  • City Lights View
  • 1.73 Acre Lot
  • Community Pool
  • Garvey (Richard) Intermediate School Rated A-
  • Property is near a park
  • 2 Car Attached Garage

About This Home

As of March 2019

Highly-desired gated condominium in prime location of Monterey Park. Built in 1981, this beautiful home offers 3 bedrooms and 2.5 baths with an attached two-car garage and laundry hook-ups. Spacious living room with high ceiling & fireplace at entry level. The formal dining room, family room and updated kitchen sit on second level balcony overlooking living room area. Very Bright and Airy! The kitchen has been newly remodeled to features recessed lighting, new cabinets, and gorgeous countertops. Corner unit with only one shared wall. Conveniently located near parks, schools, restaurants, supermarkets and Costco. Easy access to freeway 10 and 60. Come see it before it’s gone.

Last Agent to Sell the Property

ERLY LING

REAL ESTATES UNLIMITED License #02045795 Listed on: 12/12/2018

Co-Listed By

Adam Bang

REAL ESTATES UNLIMITED License #01977468

Last Buyer's Agent

CHUI SHAN OCASIO

BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES License #01892800

BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,125

Year Built

  • Built in 1981

Lot Details

  • 1 Common Wall
  • Density is 36-40 Units/Acre

HOA Fees

  • $305 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 1,498 Sq Ft Home
  • Recessed Lighting
  • Living Room with Fireplace
  • Dining Room
  • City Lights Views
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • 3 Full Bathrooms

Laundry

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

Location

  • Property is near a park
  • Urban Location

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 3890
  • Tax Tract Number 1
  • Assessor Parcel Number 5259006118

Community Details

Overview

  • Master Insurance
  • 40 Units
  • Ideal Properties & Management Association, Phone Number (626) 289-8888

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,125

Year Built

Built in 1981

Lot Details

0

HOA Fees

$305 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: MPR3*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5259006118
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1498.00 Square Feet
  • Interior Amenities: Recessed Lighting
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 364.15
  • Room Type: All Bedrooms Up

Exterior Features

  • View: City Lights
  • Pool Features: Association
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Insurance, Trash, Water, Dues Paid Monthly
  • Association Fee: 305.00
  • Association Fee Frequency: Monthly
  • Association Name: Ideal Properties & Management
  • Phone: 626-289-8888
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Alhambra

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 36-40 Units/Acre, Park Nearby
  • Lot Size Sq Ft: 75564.00
  • Lot Size Acres: 1.7347

Multi Family

  • Lease Considered: No
  • Lot Size Area: 75564.0000 Square Feet
  • Number Of Units In Community: 40
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4822.02
  • Tax Lot: 3890
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2018
Closed on
Feb 18, 2019
Sold by
Chuang Koko and Wang Kai Chen Ka
Bought by
Chai Jason Jiahan
Seller's Agent
ERLY LING
REAL ESTATES UNLIMITED
Buyer's Agent
CHUI SHAN OCASIO
BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA PROPERTIES
List Price
$539,900
Sold Price
$545,500
Premium/Discount to List
$5,600
1.04%
Current Estimated Value
$763,556

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,056
Avg. Annual Appreciation
5.87%
Original Mortgage
$300,000
Outstanding Balance
$264,284
Interest Rate
4.4%
Mortgage Type
New Conventional
Estimated Equity
$521,429

Purchase Details

Closed on
Jun 22, 2017
Sold by
Chuang Koko
Bought by
Chuang Koko and Wang Kai Chen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$263,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 12, 2011
Sold by
Chuang Koko and Badoux Eva K
Bought by
Chuang Koko

Purchase Details

Closed on
Oct 25, 2002
Sold by
Wang Ko
Bought by
Wang Ko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
5.99%

Purchase Details

Closed on
Sep 19, 2002
Sold by
Takamatsu Rika
Bought by
Wang Ko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$128,000
Interest Rate
5.99%

Purchase Details

Closed on
Jul 30, 1999
Sold by
Liao Ming Yu
Bought by
Takamatsu Rika

Purchase Details

Closed on
Mar 25, 1999
Sold by
Wang Ko
Bought by
Liao Ming Yu

Purchase Details

Closed on
Dec 31, 1998
Sold by
Chi Ping Liang
Bought by
Wang Ko

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.82%

Purchase Details

Closed on
Dec 8, 1998
Sold by
Zhang Wei
Bought by
Liang Chi Ping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$132,000
Interest Rate
6.82%
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
Chai Jason Jiahan $545,500 Chicago Title Company
Chuang Koko -- None Available
Chuang Koko -- None Available
Wang Ko -- Southland Title
Wang Ko -- Fidelity National Title Co
Takamatsu Rika -- --
Takamatsu Rika -- --
Liao Ming Yu -- --
Liao Ming Yu -- --
Wang Ko $150,500 Fidelity Title
Liang Chi Ping -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chai Jason Jiahan $300,000
Previous Owner Chuang Koko $263,000
Previous Owner Wang Ko $128,000
Previous Owner Wang Ko $132,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/19/2019 03/19/19 Sold $545,500 +1.0% $364 / Sq Ft
01/24/2019 01/24/19 Pending -- -- --
12/12/2018 12/12/18 For Sale $539,900 -- $360 / 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 $8,125 $608,509 $361,314 $247,195
2024 $8,125 $596,579 $354,230 $242,349
2023 $7,851 $584,883 $347,285 $237,598
2022 $7,490 $573,416 $340,476 $232,940
2021 $7,453 $562,173 $333,800 $228,373
2019 $3,125 $305,093 $127,228 $177,865
2018 $4,086 $299,112 $124,734 $174,378
2016 $3,761 $287,499 $119,892 $167,607
2015 $3,687 $283,182 $118,092 $165,090
2014 $3,638 $277,636 $115,779 $161,857
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS18289941

California Regional Multiple Listing Service (CRMLS)

APN: 5259-006-118