NOT LISTED FOR SALE

528 E Newmark Ave Monterey Park, CA 91755

Estimated Value: $1,027,299 - $1,123,000

4 Beds
3 Baths
2,102 Sq Ft
$101/mo HOA Fee

Last Sold June 19, 2018

Last sale price $820,000 $390 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $6,844/month

12 Days on Market

Highlights

  • Solar Power System
  • Primary Bedroom Suite
  • 37,424 Sq Ft lot
  • Monterey Vista Elementary School Rated A-
  • Gated Community
  • Main Floor Bedroom

About This Home

As of June 2018

Beautifully updated home situated in a quiet gated community. This detached PUD features four bedrooms, and three full baths. Greeted by high ceilings, and an open floor plan. The remodeled kitchen features quartz counter tops, soft closing drawers, generous cabinet space, built in wine rack and sleek backsplashes. Ground floor has one bedroom and one bath. Spacious master suite on the second level includes a bathtub, dual sink, and walk in closet. Attached two car garage, with two parking spaces assigned to this unit (Per CC&Rs). Solar panels purchased by sellers were installed in 2014, custom drapes and shutters throughout. Conveniently located to schools, parks, and shopping centers.

Last Agent to Sell the Property

Alice Chen

Re/Max Omega Monrovia License #01477869 Listed on: 05/02/2018

Co-Listed By

Annie Wang

Keller Williams Realty License #01942832

Last Buyer's Agent

Jamie Huang

Sky Chain Realty License #01707767

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2002 | Remodeled

Lot Details

  • No Common Walls
  • West Facing Home
  • Density is up to 1 Unit/Acre

HOA Fees

  • $101 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Garage Door Opener
  • Automatic Gate
  • Assigned Parking

Interior Spaces

  • 2,102 Sq Ft Home
  • Shutters
  • Living Room
  • Alarm System

Kitchen

  • Breakfast Bar
  • Gas Range
  • Quartz Countertops
  • Self-Closing Drawers

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Solar Power System
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 53490
  • Assessor Parcel Number 5259007131

Community Details

Overview

  • 10 Units
  • Newmark Estates Association, Phone Number (626) 316-2988

Pet Policy

  • Pets Allowed

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 2002 | Remodeled

Lot Details

0

HOA Fees

$101 per month

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire Sprinkler System, Gated Community, Wired for Alarm System
  • View: No
  • Zoning: MPR3*
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5259007131
  • Year Built: 2002
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2102.00 Square Feet
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 390.10
  • Room Type: Kitchen, Living Room, Main Floor Bedroom, Master Suite, Walk-In Closet
  • Window Features: Shutters
  • Bathroom Features: Bathtub, Shower, Shower In Tub
  • Room Kitchen Features: Quartz Counters, Self-Closing Drawers

Exterior Features

  • Direction Faces: West
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned, Direct Garage Access, Garage, Garage Door Opener
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Trash, Dues Paid Monthly, Pets Permitted
  • Association Fee: 100.88
  • Association Fee Frequency: Monthly
  • Association Name: Newmark Estates
  • Phone: 626-316-2988
  • Senior Community: No
  • Community Features: Suburban

Green Features

  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 37424.00

Multi Family

  • Lease Considered: No
  • 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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 2, 2018
Closed on
May 17, 2018
Sold by
Yu Zhuoguang and Yu Demi Wan Jou
Bought by
Zhao Ruyi and Liu Chang
Seller's Agent
Alice Chen
Re/Max Omega Monrovia
Buyer's Agent
Jamie Huang
Sky Chain Realty
List Price
$788,000
Sold Price
$820,000
Premium/Discount to List
$32,000
4.06%
Current Estimated Value
$1,087,325

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$267,325
Avg. Annual Appreciation
3.82%
Original Mortgage
$552,500
Outstanding Balance
$476,812
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$610,513

Purchase Details

Closed on
Jan 4, 2018
Sold by
Yu Demi Wan Jou and Yu Zhuoguang
Bought by
Yu Zhuoguang and Yu Demi Wan Jou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2017
Sold by
Yu Dami Wan Jou and Yu Wan Jou
Bought by
Yu Demi Wan You and Yu Zhuoguang

Purchase Details

Closed on
Dec 9, 2009
Sold by
Yu Wang Jou and Yu Wan Chin
Bought by
Yu Wan Jou

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.01%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 16, 2008
Sold by
Wang Feng Chun
Bought by
Yu Wan Chin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 10, 2008
Sold by
Boyle Jeffery and Boyle Kim
Bought by
Yu Wan Jou and Yu Wan Chin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.51%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 2005
Sold by
Sy Johnny and Sy Yolanda
Bought by
Boyle Jeffrey and Hang Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$364,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 26, 2002
Sold by
Foolo Corp
Bought by
Sy Johnny and Sy Yolanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
7.13%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
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Adjusted for Inflation
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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
Zhao Ruyi $820,000 Chicago Title
Yu Zhuoguang -- First American Title
Yu Demi Wan You -- Accommodation
Yu Wan Jou -- Calcounties Title Nation
Yu Wan Chin -- Equity Title
Yu Wan Jou $595,000 Investors Title
Boyle Jeffrey $560,000 Stewart Title
Sy Johnny $350,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zhao Ruyi $552,500
Previous Owner Yu Zhuoguang $400,000
Previous Owner Yu Wan Jou $208,000
Previous Owner Yu Wan Jou $220,000
Previous Owner Boyle Jeffrey $364,000
Previous Owner Sy Johnny $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/19/2018 06/19/18 Sold $820,000 +4.1% $390 / Sq Ft
05/14/2018 05/14/18 Pending -- -- --
05/02/2018 05/02/18 For Sale $788,000 -- $375 / 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 $12,553 $933,014 $476,633 $456,381
2024 $12,553 $914,721 $467,288 $447,433
2023 $12,132 $896,786 $458,126 $438,660
2022 $11,577 $879,203 $449,144 $430,059
2021 $11,012 $822,000 $419,900 $402,100
2019 $10,847 $836,400 $427,278 $409,122
2018 $9,001 $667,388 $321,982 $345,406
2016 $8,260 $641,475 $309,480 $331,995
2015 $8,098 $631,841 $304,832 $327,009
2014 $7,985 $619,465 $298,861 $320,604
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR18095244

California Regional Multiple Listing Service (CRMLS)

APN: 5259-007-131