NOT LISTED FOR SALE

530 E Graves Ave Unit A Monterey Park, CA 91755

Estimated Value: $739,000 - $820,000

4 Beds
3 Baths
1,669 Sq Ft
$240/ mo HOA Fee

Last Sold August 30, 2022

Last sale price $688,000 $412 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $5,287/month

5 Days on Market

Highlights

  • Updated Kitchen
  • 0.53 Acre Lot
  • Den
  • Garvey (Richard) Intermediate School Rated A-
  • View of Hills
  • Balcony

About This Home

As of August 2022

Two-story condo in the center of Monterey Park. Walking distance to Garvey Ranch Park and elementary school. This end unit with a high ceiling brings more sunshine and fresh air. The kitchen was remodeled recently. All 3 bedrooms are upstairs including a huge master bedroom with a balcony. First floor den can be used as a 4th bedroom. Large living space is suitable for a big family, moving-in condition. Excellent school district. Easy access to Monterey Park Market Place Shopping Center, where Costco, Home Depot, etc. are located. Easy access to freeway 10 and 60.

Last Agent to Sell the Property

Jing Fan

Pinnacle Real Estate Group License #02091169 Listed on: 08/02/2022

Pinnacle Real Estate Group

Last Buyer's Agent

Jing Fan

Pinnacle Real Estate Group License #02091169 Listed on: 08/02/2022

Pinnacle Real Estate Group

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1981

Lot Details

  • 1 Common Wall
  • Wood Fence

HOA Fees

  • $240 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Interior Spaces

  • 1,669 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Den
  • Views of Hills
  • Updated Kitchen

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • 3 Full Bathrooms
  • Bathtub

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Accessible Home Design

  • Doors swing in
  • Accessible Parking

Outdoor Features

  • Balcony

Schools

  • Mark Keppel High School

Utilities

  • Central Heating and Cooling System
  • Water Heater

Community Details

  • 8 Units
  • Chateau Monterey Association, Phone Number (626) 289-8888
  • Ideal Management HOA

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 37686
  • Assessor Parcel Number 5260006043
  • $373 per year additional tax assessments

Property Details

Home Type

Condominium

Year Built

Built in 1981

Lot Details

0.53 Acres

HOA Fees

$240 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: MPR2*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5260006043
  • Year Built: 1981
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1669.00 Square Feet
  • Interior Amenities: Balcony
  • Stories: 2
  • Common Walls: 1 Common Wall
  • Accessibility Features: Doors - Swing In, Parking
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 412.22
  • Room Type: All Bedrooms Up, Den
  • Bathroom Features: Bathtub
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • View: Hills
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Phone Extension: 867
  • Amenities: Trash, Water
  • Association Fee: 240.00
  • Association Fee Frequency: Monthly
  • Association Name: Chateau Monterey
  • Phone: 6262898888
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks
  • Association Management: Ideal Management

Schools

  • High School: Mark Keppel
  • High School2: MARKEP

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 23005.00
  • Lot Size Acres: 0.5281

Multi Family

  • Lease Considered: No
  • Lot Size Area: 23005.0000 Square Feet
  • Number Of Units In Community: 8
  • Number Of Units Total: 8

Tax Info

  • Tax Census Tract: 4826.00
  • Tax Lot: 1
  • Tax Tract Number: 37686
  • TaxOtherAnnualAssessmentAmount: 373.00

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 2, 2022
Closed on
Aug 17, 2022
Sold by
Chen and Ting
Bought by
Sui Jie and Yang Shiqin
Seller's Agent
Jing Fan
Pinnacle Real Estate Group
Buyer's Agent
Jing Fan
Pinnacle Real Estate Group
List Price
$669,000
Sold Price
$688,000
Premium/Discount to List
$19,000
2.84%
Views
21
Current Estimated Value
$794,078

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$106,078
Avg. Annual Appreciation
4.09%
Original Mortgage
$412,800
Outstanding Balance
$394,658
Interest Rate
5.51%
Mortgage Type
New Conventional
Estimated Equity
$399,420

Purchase Details

Listed on
Jul 6, 2019
Closed on
Nov 22, 2019
Sold by
Cao David N
Bought by
Chen Renhui and Cai Ting
Seller's Agent
Man Cheung
MODERN INVESTMENT
Buyer's Agent
Jing Fan
Pinnacle Real Estate Group
List Price
$578,000
Sold Price
$560,000
Premium/Discount to List
-$18,000
-3.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.80%
Original Mortgage
$392,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 14, 2016
Closed on
Nov 8, 2016
Sold by
Li Bo and Luo Jia
Bought by
Cao David N
Seller's Agent
Yuan Tian
Arex
Buyer's Agent
Man Cheung
MODERN INVESTMENT
List Price
$499,000
Sold Price
$470,000
Premium/Discount to List
-$29,000
-5.81%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.93%

Purchase Details

Closed on
Oct 22, 2015
Sold by
Luo Jia and Li Bo
Bought by
Li Bo and Luo Jia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$257,000
Interest Rate
3.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 21, 2014
Sold by
Luo Jia
Bought by
Luo Jia and Li Bo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 12, 2007
Sold by
Li Zhen Qian and Luo Jia
Bought by
Luo Jia

Purchase Details

Closed on
Jul 17, 2007
Sold by
Li Zhen Qian and Li Bo
Bought by
Li Zhen Qian and Luo Jia

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
6.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 22, 2002
Sold by
Li Zhen Qian
Bought by
Li Zhen Qian and Li Bo

Purchase Details

Closed on
Jan 16, 2001
Sold by
Chang Myunghi and Staff Christopher G
Bought by
Li Zhen Qian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
6.98%

Purchase Details

Closed on
Mar 28, 2000
Sold by
Tien Bao Feng and Tien Yan Ling Yuen
Bought by
Chang Myunchi and Staff Christopher G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$126,750
Interest Rate
8.25%
Mortgage Type
Stand Alone First
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
Sui Jie $688,000 Lawyers Title
Chen Renhui $560,000 Lawyers Title
Cao David N $470,000 Ticor Title
Li Bo -- Equity Title
Luo Jia -- Lsi Title Company
Luo Jia -- Lsi Title Company
Luo Jia -- None Available
Li Zhen Qian -- Investors Title Company
Li Zhen Qian -- First American Title Company
Li Zhen Qian $185,000 Southland Title
Chang Myunchi $169,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sui Jie $412,800
Previous Owner Chen Renhui $392,000
Previous Owner Li Bo $257,000
Previous Owner Luo Jia $270,000
Previous Owner Li Zhen Qian $280,000
Previous Owner Li Zhen Qian $148,000
Previous Owner Chang Myunchi $126,750
Closed Li Zhen Qian $18,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/30/2022 08/30/22 Sold $688,000 +2.8% $412 / Sq Ft
08/07/2022 08/07/22 Pending -- -- --
08/07/2022 08/07/22 For Sale $669,000 -2.8% $401 / Sq Ft
08/06/2022 08/06/22 Off Market $688,000 -- --
08/02/2022 08/02/22 For Sale $669,000 +19.5% $401 / Sq Ft
12/03/2019 12/03/19 Sold $560,000 -3.1% $336 / Sq Ft View Prior Sale
10/15/2019 10/15/19 Pending -- -- --
10/07/2019 10/07/19 For Sale $578,000 +3.2% $346 / Sq Ft
10/06/2019 10/06/19 Off Market $560,000 -- --
08/23/2019 08/23/19 Price Changed $578,000 -1.7% $346 / Sq Ft
07/28/2019 07/28/19 Price Changed $588,000 -1.7% $352 / Sq Ft
07/06/2019 07/06/19 For Sale $598,000 +27.2% $358 / Sq Ft
11/18/2016 11/18/16 Sold $470,000 -5.8% $282 / Sq Ft View Prior Sale
11/01/2016 11/01/16 Pending -- -- --
09/13/2016 09/13/16 For Sale $499,000 -- $299 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,649 $715,794 $409,605 $306,189
2024 $9,649 $701,760 $401,574 $300,186
2023 $9,326 $688,000 $393,700 $294,300
2022 $7,582 $577,116 $332,872 $244,244
2021 $7,544 $565,801 $326,346 $239,455
2019 $6,584 $488,987 $245,534 $243,453
2018 $6,540 $479,400 $240,720 $238,680
2016 $4,391 $336,957 $171,542 $165,415
2015 $3,763 $281,047 $125,677 $155,370
2014 $3,120 $227,391 $90,955 $136,436
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS22169615

California Regional Multiple Listing Service (CRMLS)

APN: 5260-006-043

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