NOT LISTED FOR SALE

519 W Newmark Ave Monterey Park, CA 91754

Estimated Value: $1,234,000 - $1,684,000

4 Beds
4 Baths
2,694 Sq Ft
$535/Sq Ft Est. Value

Last Sold November 19, 2019

Last sale price $1,020,000 $379 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $8,749/month

44 Days on Market

Highlights

  • Detached Guest House
  • Primary Bedroom Suite
  • Mountain View
  • Ynez Elementary School Rated A-
  • Automatic Gate
  • Property is near a park

About This Home

As of November 2019

Excellent for investor also for self residents. This gorgeous House in the highly desirable area of Monterey Park .FACING SOUTH. R3 Zoning,The owner spent about $100,000 on remodeled inside and outside the house.Charming home with lots of upgraded such as security fence installed in the front yard and automatic driveway gate. The whole house has security cameras installed and include the garage and a camera is also arrange at the back of the garage.Dual central AC/Heat.Newer kitchen with granite counters. Newer windows.Newer copper pluming,Newer laminate wood floors.and so much more...Features 2 master suite up stair ,2 bedrooms down stair , A DEN could be used as 5th bedroom. The house been converted into 2 individual spaces for rental with its own private entrance.Total monthly rent $3,300 ,Easy reverse back to original for one family. In 2012 rebuilt two car garage and a large storage room in the back yard with permit. The storage room has been remodeled into a guest room next to the garage.It 's easy to rent for $800 per month . Excellent school district with Mark Keppel High school.Individual laundry room in the back yard. This home offers plenty of parking space for extra cars. Spacious back with plenty of fruit trees. Very convenient central location walking distance to City hall ,supermarket ,restaurant,bus ,Must see to appreciate.

Last Agent to Sell the Property

Rui Xia Herbst

Re/Max Elite Realty License #01456258 Listed on: 07/30/2019

Re/Max Elite Realty

Last Buyer's Agent

Jinding Chen

Pinnacle Real Estate Group License #02048578

Pinnacle Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,400

Year Built

  • Built in 1949

Lot Details

  • 7,030 Sq Ft Lot
  • South Facing Home
  • Garden
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener
  • Automatic Gate

Home Design

  • Turnkey
  • Partial Copper Plumbing

Interior Spaces

  • 2,694 Sq Ft Home
  • Fireplace
  • Living Room
  • Den
  • Bonus Room
  • Mountain Views
  • Dishwasher
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • 4 Full Bathrooms
  • Bathtub with Shower

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Schools

  • Mark Keppel High School

Utilities

  • Two cooling system units
  • Forced Air Heating and Cooling System

Additional Features

  • Exterior Lighting
  • Detached Guest House
  • Property is near a park

Listing and Financial Details

  • Tax Lot 1840
  • Tax Tract Number 1002
  • Assessor Parcel Number 5257005030

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,400

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Security System, Smoke Detector(s)
  • View: Yes
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5257005030
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2694.00 Square Feet
  • Interior Amenities: Copper Plumbing Partial
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 4
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 378.62
  • Room Type: Bonus Room, Den, Kitchen, Living Room, Main Floor Bedroom, Master Suite, Two Masters, Walk-In Closet
  • Bathroom Features: Shower In Tub

Exterior Features

  • Direction Faces: South
  • Other Structures: Guest House Detached
  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door, Garage Door Opener, Gated, Private
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park, Sidewalks, Street Lights

Schools

  • High School: Mark Keppel
  • High School2: MARKEP

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Lot 6500-9999, Park Nearby
  • Lot Size Sq Ft: 7030.00
  • Lot Size Acres: 0.1614

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7030.0000 Square Feet
  • Number Of Units Total: 339

Tax Info

  • Tax Lot: 1840
  • Tax Tract Number: 1002

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2019
Closed on
Oct 17, 2019
Sold by
Yu Xiang Jin and Gao Yan
Bought by
Zhao Yaozhi Huang and Ma Xinghua
Seller's Agent
Rui Xia Herbst
Re/Max Elite Realty
Buyer's Agent
Jinding Chen
Pinnacle Real Estate Group
List Price
$1,058,000
Sold Price
$1,020,000
Premium/Discount to List
-$38,000
-3.59%
Current Estimated Value
$1,442,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$422,149
Avg. Annual Appreciation
6.00%
Original Mortgage
$612,000
Outstanding Balance
$541,496
Interest Rate
4%
Mortgage Type
New Conventional
Estimated Equity
$900,653

Purchase Details

Closed on
Sep 7, 2010
Sold by
Gao Yan
Bought by
Yu Xiang Jin and Gao Yan

Purchase Details

Closed on
Oct 27, 2005
Sold by
Yu Xiang Jin
Bought by
Gao Yan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$365,000
Interest Rate
5.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 11, 2004
Sold by
Yeh Ming Chu Phillip and Yeh Yuen Er Rose
Bought by
Yu Xiang Jin and Gao Yan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 13, 1998
Sold by
Lai Ching C and Lai San C
Bought by
Yeh Ming Chu Phillip and Yeh Yueh Er Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
7.02%

Purchase Details

Closed on
Feb 19, 1998
Sold by
Yeh Ching Pao
Bought by
Yeh Yueh Er Rose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
7.02%
Source: Public Records

Range of Values:

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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
Zhao Yaozhi Huang $1,020,000 Stewart Title Of California
Yu Xiang Jin -- Accommodation
Gao Yan -- First American Title Company
Yu Xiang Jin $550,000 Ticor Title Co Glendale
Yeh Ming Chu Phillip $275,000 First American Title Co
Yeh Yueh Er Rose -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhao Yaozhi Huang $612,000
Previous Owner Gao Yan $365,000
Previous Owner Yu Xiang Jin $370,000
Previous Owner Yeh Ming Chu Phillip $190,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/19/2019 11/19/19 Sold $1,020,000 -3.6% $379 / Sq Ft
07/30/2019 07/30/19 For Sale $1,058,000 -- $393 / 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 $14,400 $1,115,515 $780,861 $334,654
2024 $14,400 $1,093,643 $765,550 $328,093
2023 $14,110 $1,072,200 $750,540 $321,660
2022 $13,437 $1,051,177 $735,824 $315,353
2021 $13,278 $1,030,567 $721,397 $309,170
2019 $9,674 $745,069 $360,056 $385,013
2018 $9,651 $730,461 $352,997 $377,464
2016 $8,813 $702,098 $339,291 $362,807
2015 $8,676 $691,553 $334,195 $357,358
2014 $8,145 $644,564 $327,649 $316,915
Source: Public Records

Agents Affiliated with this Home

  • Rui Xia Herbst

    Seller's Agent in 2019

    Rui Xia Herbst

    RE/MAX

    (626) 215-2819

    7 in this area

    21 Total Sales

    Rui Xia Herbst
    Section Image
  • Jinding Chen

    Buyer's Agent in 2019

    Jinding Chen

    Pinnacle Real Estate Group

    (909) 539-7881

    1 in this area

    24 Total Sales

    Jinding Chen
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR19181556

California Regional Multiple Listing Service (CRMLS)

APN: 5257-005-030

California Los Angeles County Monterey Park 91754

519 W Newmark Ave, Monterey Park, CA

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