NOT LISTED FOR SALE

517 S Orange Ave Unit C Monterey Park, CA 91755

Estimated Value: $693,000 - $762,000

3 Beds
3 Baths
1,498 Sq Ft
$180/mo HOA Fee

Last Sold August 15, 2013

Last sale price $411,000 $274 Per Sq Ft

Est. 78% increase in value since last sale

Current estimated payment $4,746/month

68 Days on Market

Highlights

  • In Ground Spa
  • City Lights View
  • Wood Flooring
  • Garvey (Richard) Intermediate School Rated A-
  • 1.74 Acre Lot
  • Balcony

About This Home

As of August 2013

PRICE REDUCED FOR A QUICK SALE!!! LOCATION ! LOCATION ! LOCATION ! This beautiful condo is located in the heart of Monterey Park, Bright and Airy! Spacious living room with high ceiling & fireplace at entry level, formal dining room, family room, kitchen and half bath room at 2nd level, new carpet & door. All 3 Bedrooms & 2 full bath rooms upstairs. Updated kitchen with granite counter top and wood flooring throughout except the stairs. Open floor plan with city light view. Walking distance to Garvey Ranch Park, close to schools, restaurants, shops and supermarkets, easy access to freeway 10 and 60. Just a few minutes from Downtown LA. Low HOA at $180 per month. This property is good for the first time buyers or move-up buyers needing more space or investors.

Last Agent to Sell the Property

Katherine Qing L Martin

RE/MAX 2000 REALTY License #01873310 Listed on: 05/09/2013

RE/MAX 2000 REALTY

Last Buyer's Agent

Tiffany Zheng

Wetrust Realty License #01801771

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,773

Year Built

  • Built in 1981

Lot Details

  • 1.74

HOA Fees

  • $180 Monthly HOA Fees

Parking

  • 2 Car Garage

Home Design

  • Split Level Home

Interior Spaces

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

Flooring

  • Wood
  • Laminate

Bedrooms and Bathrooms

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

Laundry

  • Laundry Room
  • Laundry in Garage

Pool

  • In Ground Spa
  • Private Pool

Additional Features

  • Balcony
  • Two or More Common Walls
  • Urban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 3890
  • Tax Tract Number 1
  • Assessor Parcel Number 5259006120

Community Details

Overview

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

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,773

Year Built

Built in 1981

Lot Details

0

HOA Fees

$180 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5259006120
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1498.00
  • Interior Amenities: Balcony
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate, Wood
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: Multi/Split
  • Price Per Square Foot: 274.37
  • Room Type: All Bedrooms Up
  • Spa Features: In Ground

Exterior Features

  • View: City Lights
  • Pool Features: Association
  • Pool Private: Yes
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Phone Extension: 892
  • Amenities: Pool
  • Association Fee: 180.00
  • Association Fee Frequency: Monthly
  • Association Name: Ideal Properties & Management
  • Phone: (626) 289-8888
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Size Sq Ft: 75564.00
  • Lot Size Acres: 1.7350

Multi Family

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

Tax Info

  • Tax Lot: 3890
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 9, 2013
Closed on
Jul 2, 2013
Sold by
Chou Tzu Fan
Bought by
Liang Jing and Wang Xu Long
Seller's Agent
Katherine Qing L Martin
RE/MAX 2000 REALTY
Buyer's Agent
Tiffany Zheng
Wetrust Realty
List Price
$419,900
Sold Price
$411,000
Premium/Discount to List
-$8,900
-2.12%
Current Estimated Value
$730,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$319,854
Avg. Annual Appreciation
4.91%
Original Mortgage
$287,700
Interest Rate
4.28%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 13, 2001
Sold by
Sung Fu Kuo and Shiah Ying
Bought by
Chou Tzu Fan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$122,625
Interest Rate
6.84%
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
Liang Jing $411,000 Fatcola
Chou Tzu Fan $170,000 Investors Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liang Jing $282,000
Closed Liang Jing $282,000
Closed Liang Jing $287,700
Previous Owner Chou Tzu Fan $350,000
Previous Owner Chou Tzu Fan $112,400
Previous Owner Chou Jeff F $264,000
Previous Owner Chou Tzufan $124,672
Previous Owner Chou Tzu Fan $122,625
Previous Owner Sung Fu Kuo $118,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/15/2013 08/15/13 Sold $411,000 -1.0% $274 / Sq Ft
06/28/2013 06/28/13 Pending -- -- --
06/27/2013 06/27/13 Price Changed $415,000 -2.4% $277 / Sq Ft
05/24/2013 05/24/13 Price Changed $425,000 +1.2% $284 / Sq Ft
05/09/2013 05/09/13 Price Changed $419,900 0.0% $280 / Sq Ft
05/09/2013 05/09/13 For Sale $419,900 +2.2% $280 / Sq Ft
04/30/2013 04/30/13 Off Market $411,000 -- --
04/21/2013 04/21/13 For Sale $439,000 -- $293 / 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 $6,773 $503,819 $261,961 $241,858
2024 $6,773 $493,941 $256,825 $237,116
2023 $6,545 $484,257 $251,790 $232,467
2022 $6,245 $474,762 $246,853 $227,909
2021 $6,212 $465,454 $242,013 $223,441
2019 $5,976 $451,650 $234,836 $216,814
2018 $5,954 $442,795 $230,232 $212,563
2016 $5,472 $425,603 $221,293 $204,310
2015 $5,364 $419,211 $217,969 $201,242
2014 $5,307 $411,000 $213,700 $197,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV13071845

California Regional Multiple Listing Service (CRMLS)

APN: 5259-006-120