NOT LISTED FOR SALE

518 N Lincoln Ave Unit 2 Monterey Park, CA 91755

Estimated Value: $1,079,430 - $1,182,000

4 Beds
4 Baths
2,082 Sq Ft
$544/Sq Ft Est. Value

Last Sold January 27, 2016

Last sale price $690,000 $331 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $7,011/month

260 Days on Market

Highlights

  • 0.41 Acre Lot
  • Wood Flooring
  • 3 Car Attached Garage
  • Ynez Elementary School Rated A-
  • Private Yard
  • Eat-In Kitchen

About This Home

As of January 2016

Lovely 4 bedroom and 4 bath two story detached townhouse facing south. Built in 2003, located in the most convenient area. It is just one street from Garfield. 3 car garage and 1 parking space. One bedroom and one bath downstairs. Some furniture is included. Ready to Move-in anytime.

Last Agent to Sell the Property

Ping Chen

KW Executive License #01298541 Listed on: 05/28/2015

KW Executive

Last Buyer's Agent

Lisa Jin

Treeline Realty & Investment License #01357873

Treeline Realty & Investment

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,552

Year Built

  • Built in 2003

Lot Details

  • No Common Walls
  • South Facing Home
  • Private Yard

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 3 Car Attached Garage
  • Parking Available
  • Garage Door Opener

Home Design

  • Turnkey
  • Planned Development
  • Tile Roof
  • Wood Siding

Interior Spaces

  • 2,082 Sq Ft Home
  • Custom Window Coverings
  • Family Room
  • Living Room with Fireplace
  • Storage

Kitchen

  • Eat-In Kitchen
  • Gas Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Full Bathrooms

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 5255014037

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,552

Year Built

Built in 2003

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Property Condition: Turnkey
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 5255014037
  • Year Built: 2003
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2082.00
  • Interior Amenities: Storage
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 4
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 331.41
  • Room Type: Family Room, Living Room, Master Bedroom
  • Window Features: Custom Covering

Exterior Features

  • Direction Faces: South
  • Pool Private: No
  • Roof: Tile
  • Construction Materials: Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Garage Door Opener
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Appliances: Dishwasher, Gas Cooktop, Refrigerator
  • Heating Type: Central
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 100.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: Lot 10000-19999 Sqft, Planned Unit Development, Yard
  • Lot Size Sq Ft: 17750.00
  • Price Per Lot Square Foot: 38.87
  • Lot Size Acres: 0.4070

Multi Family

  • Lease Considered: No
  • Lot Size Area: 17750.0000 Square Feet
  • Number Of Units In Community: 4
  • Number Of Units Total: 4

Tax Info

  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 2, 2018
Sold by
Yang Jinying
Bought by
Yang Jinying and Wei Meng Ya
Current Estimated Value
$1,132,108

Purchase Details

Listed on
May 28, 2015
Closed on
Jan 6, 2016
Sold by
Wei Lichun
Bought by
Yang Jingying
Seller's Agent
Ping Chen
KW Executive
Buyer's Agent
Lisa Jin
Treeline Realty & Investment
List Price
$750,000
Sold Price
$690,000
Premium/Discount to List
-$60,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.29%
Original Mortgage
$417,000
Outstanding Balance
$341,600
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$791,773

Purchase Details

Listed on
May 28, 2015
Closed on
Jan 5, 2016
Sold by
He Shuqing
Bought by
Yang Jinying
Seller's Agent
Ping Chen
KW Executive
Buyer's Agent
Lisa Jin
Treeline Realty & Investment
List Price
$750,000
Sold Price
$690,000
Premium/Discount to List
-$60,000
-8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Outstanding Balance
$341,600
Interest Rate
4.75%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$791,773

Purchase Details

Closed on
Aug 12, 2009
Sold by
Liu Yu Chin
Bought by
He Shuqing and Fang Jingfen

Purchase Details

Closed on
Jul 19, 2003
Sold by
Yam May
Bought by
Liu Yu Chin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 18, 2003
Sold by
Yam May
Bought by
Liang Timothy T and Liang Lillian Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$114,000
Interest Rate
6.3%
Mortgage Type
Purchase Money Mortgage
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
Yang Jinying -- None Available
Yang Jingying -- First American Title Company
Yang Jinying $690,000 Fatcola
He Shuqing $599,000 Fatcola
Liu Yu Chin $459,000 Investors Title Company
Liang Timothy T $459,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yang Jingying $417,000
Closed Yang Jinying $417,000
Previous Owner Liu Yu Chin $114,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2016 01/27/16 Sold $690,000 -5.2% $331 / Sq Ft
12/03/2015 12/03/15 Pending -- -- --
07/24/2015 07/24/15 Price Changed $728,000 -2.9% $350 / Sq Ft
05/28/2015 05/28/15 For Sale $750,000 0.0% $360 / Sq Ft
05/19/2015 05/19/15 Pending -- -- --
03/27/2015 03/27/15 Price Changed $750,000 +8.7% $360 / Sq Ft
03/18/2015 03/18/15 For Sale $690,000 0.0% $331 / Sq Ft
05/01/2012 05/01/12 Rented $2,280 -14.9% --
04/06/2012 04/06/12 Under Contract -- -- --
02/21/2012 02/21/12 For Rent $2,680 -- --
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 $10,552 $816,812 $368,749 $448,063
2024 $10,552 $800,797 $361,519 $439,278
2023 $10,337 $785,096 $354,431 $430,665
2022 $9,846 $769,703 $347,482 $422,221
2021 $9,726 $754,612 $340,669 $413,943
2019 $9,377 $732,231 $330,565 $401,666
2018 $9,357 $717,875 $324,084 $393,791
2016 $8,227 $653,151 $327,121 $326,030
2015 $8,080 $643,341 $322,208 $321,133
2014 $7,984 $630,740 $315,897 $314,843
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS15057000

California Regional Multiple Listing Service (CRMLS)

APN: 5255-014-037