NOT LISTED FOR SALE

533 S Orange Ave Monterey Park, CA 91755

Estimated Value: $1,095,000 - $1,283,000

4 Beds
2 Baths
1,600 Sq Ft
$737/Sq Ft Est. Value

Last Sold May 10, 2022

Last sale price $1,050,000 $656 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $7,613/month

9 Days on Market

Highlights

  • Craftsman Architecture
  • Wood Flooring
  • No HOA
  • Garvey (Richard) Intermediate School Rated A-
  • Main Floor Primary Bedroom
  • 4-minute walk to Garvey Ranch Park

About This Home

As of May 2022

For the love of Craftsman homes. This home is contemporary, and you will feel relaxed in your new living style. Enjoy timeless curb appeal in your new charming craftsman. This home has not been available for 70 years, don’t miss your opportunity! The Craftsman style is exemplified by the work of two California architect brothers, Charles Sumner Greene and Henry Mather Greene, in Pasadena in the early 20th century.
This home features upwards of 1600 sqft, inviting entry and front porch, 4 bedrooms, 2 bathrooms, fireplace, large, oversized bedrooms in the heart of Monterey Park. This home is also perfect for the family who wants a large home with a potentially open floor plan with a large private backyard to enjoy. Home sits on a 9,400 sqft lot. The home has a large oversized 2 car garage in the rear of the home which has enough space potentially for utility vehicles and or a workshop. Home is zoned in R3, and the lot offers the options, adding an additional ADU or building 2 additional separate units behind the home. Developer building options could be building a new triplex. Developers advised to contact the city for confirmation of building opportunities.
Buyer and buyer’s agent to verify all information stated in MLS before submitting offers.

Last Agent to Sell the Property

Erik Kaiser

RE/MAX TerraSol License #01111620 Listed on: 03/30/2022

RE/MAX TerraSol

Last Buyer's Agent

Jing Fan

Pinnacle Real Estate Group License #02091169

Pinnacle Real Estate Group

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,883

Year Built

  • Built in 1925

Lot Details

  • 9,128 Sq Ft Lot
  • East Facing Home
  • Chain Link Fence
  • Level Lot
  • Back Yard
  • Property is zoned MPR3*

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • Driveway

Home Design

  • Craftsman Architecture
  • Fixer Upper
  • Raised Foundation
  • Frame Construction
  • Composition Roof
  • Wood Siding

Interior Spaces

  • 1,600 Sq Ft Home
  • 2-Story Property
  • Wood Frame Window
  • Living Room with Fireplace
  • Dining Room
  • Eat-In Kitchen

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms | 2 Main Level Bedrooms
  • Primary Bedroom on Main
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen

Outdoor Features

  • Patio
  • Front Porch

Utilities

  • Space Heater
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 16 / Q
  • Tax Tract Number 786
  • Assessor Parcel Number 5259006058
  • $458 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,883

Year Built

Built in 1925

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: MPR3*
  • Architectural Style: Craftsman
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5259006058
  • Year Built: 1925
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1600.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: No
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Dining Room, In Kitchen
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 656.25
  • Room Type: Living Room, Main Floor Master Bedroom
  • Window Features: Wood Frames
  • Bathroom Features: Bathtub, Shower In Tub

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Foundation: Raised
  • Fence: Yes
  • Fencing: Chain Link
  • Patio And Porch Features: Concrete, Front Porch
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Frame, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - On Property
  • Heating Type: Space Heater
  • Laundry Features: In Kitchen, Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Alhambra

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Level with Street, Lot 6500-9999
  • Lot Size Sq Ft: 9128.00
  • Lot Size Acres: 0.2096

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9128.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: Q
  • Tax Census Tract: 4822.02
  • Tax Lot: 16
  • Tax Tract Number: 786
  • TaxOtherAnnualAssessmentAmount: 458.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 30, 2022
Closed on
May 3, 2022
Sold by
Wu Yuda
Bought by
Guo Chaofang
Seller's Agent
Erik Kaiser
RE/MAX TerraSol
Buyer's Agent
Jing Fan
Pinnacle Real Estate Group
List Price
$999,999
Sold Price
$1,050,000
Premium/Discount to List
$50,001
5%
Current Estimated Value
$1,178,653

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$128,653
Avg. Annual Appreciation
3.15%
Original Mortgage
$630,000
Outstanding Balance
$597,566
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$567,293

Purchase Details

Listed on
Mar 30, 2022
Closed on
Apr 13, 2022
Sold by
Maddux Brian Christopher
Bought by
Guo Chaofang
Seller's Agent
Erik Kaiser
RE/MAX TerraSol
Buyer's Agent
Jing Fan
Pinnacle Real Estate Group
List Price
$999,999
Sold Price
$1,050,000
Premium/Discount to List
$50,001
5%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Outstanding Balance
$597,566
Interest Rate
4.75%
Mortgage Type
New Conventional
Estimated Equity
$567,293
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
Guo Chaofang -- Fidelity National Title
Guo Chaofang $1,050,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Guo Chaofang $630,000
Closed Guo Chaofang $630,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/10/2022 05/10/22 Sold $1,050,000 +5.0% $656 / Sq Ft
04/08/2022 04/08/22 Pending -- -- --
03/30/2022 03/30/22 For Sale $999,999 -- $625 / 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 $14,883 $1,114,268 $827,742 $286,526
2024 $14,883 $1,092,420 $811,512 $280,908
2023 $14,382 $1,071,000 $795,600 $275,400
2022 $1,803 $112,314 $44,825 $67,489
2021 $1,781 $110,113 $43,947 $66,166
2019 $1,721 $106,849 $42,645 $64,204
2018 $1,632 $104,755 $41,809 $62,946
2016 $1,516 $100,689 $40,187 $60,502
2015 $1,486 $99,178 $39,584 $59,594
2014 $1,476 $97,236 $38,809 $58,427
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC22063098

California Regional Multiple Listing Service (CRMLS)

APN: 5259-006-058