NOT LISTED FOR SALE

522 E Newmark Ave Monterey Park, CA 91755

Estimated Value: $935,565 - $1,050,000

4 Beds
3 Baths
1,702 Sq Ft
$101/mo HOA Fee

Last Sold August 12, 2022

Last sale price $868,000 $510 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $6,261/month

11 Days on Market

Highlights

  • Rooftop Deck
  • Automatic Gate
  • 0.86 Acre Lot
  • Garvey (Richard) Intermediate School Rated A-
  • Gated Community
  • Colonial Architecture

About This Home

As of August 2022

Hidden gem in the heart of Monterey Park! This home is a two story detached condo with no common walls located in a private gated community! It features a cozy living room, formal dining room that overlooks out to a private back yard (the largest in the community) and kitchen with granite counter tops! This stunning two story residence offers 4 spacious bedrooms and 3 bathrooms including a super size master suite featuring a spacious walk in closet and a newly renovated master bathroom with a large shower and dual sinks. The home also has recessed lighting, central air (all ducts throughout the home have been professionally air-sealed) and it also features an attached 2 car garage. The home is sitting on the largest lot in the community and boasts privacy and safety. It is located at a convenient distance to downtown, shopping malls, supermarkets, restaurants, medical centers, highly rated schools, parks and freeways. This home will not last!

Last Agent to Sell the Property

Kina De Santis

reframe License #02100629 Listed on: 05/24/2022

Last Buyer's Agent

Jack Cheng

JC Pacific Corp License #01969949

JC Pacific Corp

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2002 | Remodeled

Lot Details

  • No Common Walls
  • East Facing Home
  • Wood Fence
  • Block Wall Fence
  • Fence is in average condition
  • Density is 6-10 Units/Acre

HOA Fees

  • $101 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Single Garage Door
  • Garage Door Opener
  • Driveway
  • Automatic Gate
  • Parking Lot
  • Assigned Parking

Home Design

  • Colonial Architecture
  • Entry on the 1st floor
  • Fire Rated Drywall
  • Spanish Tile Roof
  • Concrete Perimeter Foundation
  • Plaster

Interior Spaces

  • 1,702 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Blinds
  • Insulated Doors
  • Living Room
  • Dining Room
  • Utility Basement

Kitchen

  • Gas Range
  • Range Hood
  • Ice Maker
  • Granite Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Walk-In Closet
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Stone Bathroom Countertops
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Multiple Shower Heads
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Dryer
  • Washer
  • 220 Volts In Laundry

Home Security

  • Security Lights
  • Alarm System

Accessible Home Design

  • More Than Two Accessible Exits

Outdoor Features

  • Rooftop Deck
  • Covered Patio or Porch
  • Exterior Lighting
  • Outdoor Storage
  • Rain Gutters

Schools

  • Mark Keppel High School

Utilities

  • Ducts Professionally Air-Sealed
  • Central Heating and Cooling System
  • 220 Volts in Kitchen
  • Water Purifier
  • Phone Available
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 53490
  • Assessor Parcel Number 5259007136

Community Details

Overview

  • 10 Units
  • Newmark Estate Association, Phone Number (626) 280-3866
  • Maintained Community
  • Foothills

Recreation

  • Park
  • Dog Park

Security

  • Security Service
  • Card or Code Access
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 2002 | Remodeled

Lot Details

0

HOA Fees

$101 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: Washer, Dryer
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • Security: Automatic Gate, Card/Code Access, Fire and Smoke Detection System, Gated Community, Security Lights, Smoke Detector(s), Wired for Alarm System
  • View: No
  • Zoning: MPR3*
  • Architectural Style: Colonial
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5259007136
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1702.00 Square Feet
  • Interior Amenities: Granite Counters, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: Insulated Doors
  • Eating Area: Dining Room
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 509.99
  • Room Type: Living Room, Main Floor Bedroom, Master Bathroom, Master Bedroom, Walk-In Closet
  • Window Features: Blinds
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Linen Closet/Storage, Remodeled, Stone Counters, Upgraded, Walk-In Shower
  • Room Kitchen Features: Granite Counters
  • Basement: Utility

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Foundation: Concrete Perimeter
  • Other Structures: Storage
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Average Condition, Block, Wood
  • Patio And Porch Features: Concrete, Covered, Patio, Patio Open, Roof Top, Stone
  • Pool Private: No
  • Roof: Spanish Tile
  • Spa: No
  • Construction Materials: Drywall Walls, Ducts Professionally Air-Sealed, Plaster

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Driveway, Concrete, Garage, Garage - Single Door, Garage Door Opener, Gated, Parking Space, Private
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, Gas Range, Ice Maker, Range Hood, Water Purifier
  • Electric: 220 Volts in Kitchen, 220 Volts in Laundry
  • Heating Type: Central
  • Laundry Features: Dryer Included, Gas & Electric Dryer Hookup, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Security
  • Association Fee: 101.00
  • Association Fee Frequency: Monthly
  • Association Name: Newmark Estate
  • Phone: 626-280-3866
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Dog Park, Foothills, Park, Sidewalks, Storm Drains, Street Lights
  • Association Management: Newmark Estate

Schools

  • High School: Mark Keppel
  • High School2: MARKEP

Lot Info

  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 37461.60
  • Lot Size Acres: 0.8600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 0.8600 Acres
  • Number Of Units In Community: 10
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4822.02
  • Tax Lot: 1
  • Tax Tract Number: 53490

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 26, 2002
Sold by
Foolo Corp
Bought by
Yu Jose Tsai
Current Estimated Value
$984,141

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$229,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 19, 2001
Sold by
Lei Charles
Bought by
Foolo Corp

Purchase Details

Closed on
Jan 26, 2001
Sold by
Dah Fat Realty Corp
Bought by
Lei Charles

Purchase Details

Closed on
Jun 8, 2000
Sold by
Lin Wan Sheng
Bought by
Dah Fat Realty Corp
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yu Jose Tsai $328,000 First American Title Co
Foolo Corp -- First American Title Co
Lei Charles -- First American Title Co
Dah Fat Realty Corp $320,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yu Jose Tsai $229,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/12/2022 08/12/22 Sold $868,000 +6.5% $510 / Sq Ft
06/23/2022 06/23/22 For Sale $815,000 -6.1% $479 / Sq Ft
06/20/2022 06/20/22 Pending -- -- --
06/17/2022 06/17/22 Off Market $868,000 -- --
06/08/2022 06/08/22 For Sale $815,000 -- $479 / 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 $12,047 $903,066 $586,993 $316,073
2024 $12,047 $885,360 $575,484 $309,876
2023 $11,641 $868,000 $564,200 $303,800
2022 $6,130 $456,589 $217,018 $239,571
2021 $6,095 $447,637 $212,763 $234,874
2019 $5,807 $434,361 $206,453 $227,908
2018 $5,747 $425,845 $202,405 $223,440
2016 $5,281 $409,311 $194,547 $214,764
2015 $5,176 $403,164 $191,625 $211,539
2014 $5,106 $395,268 $187,872 $207,396
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW21195245

California Regional Multiple Listing Service (CRMLS)

APN: 5259-007-136