NOT LISTED FOR SALE

539 S Lincoln Ave Monterey Park, CA 91755

Estimated Value: $1,024,000 - $1,295,000

2 Beds
4 Baths
2,107 Sq Ft
$557/Sq Ft Est. Value

Last Sold September 25, 2018

Last sale price $800,000 $380 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $7,440/month

61 Days on Market

Highlights

  • Panoramic View
  • Deck
  • No HOA
  • Ynez Elementary School Rated A-
  • Corner Lot
  • Den with Fireplace

About This Home

As of September 2018

Are you looking to fix, flip, remodel? Are you looking for an opportunity? Are you looking for a killer view? Here it is, high on a hill in Monterey Park, with a spectacular 180 degree + view of the San Gabriel Valley. Public records indicate a duplex use and MPR2 zoning and could be converted to SFR use or restored to fully functional income property. Large spacious living area on the second floor with lots of natural light, fireplace, access to deck area and that view you are craving. Lovely courtyard patio area. Lower portion on ground level shows a huge open space with a separate entrance, kitchen area and bath.

Last Agent to Sell the Property

Thomas Davis

Coldwell Banker Realty License #00819361 Listed on: 06/29/2018

Coldwell Banker Realty

Last Buyer's Agent

Tony Chen

Pinnacle Real Estate Group License #01992575

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,551

Year Built

  • Built in 1949

Lot Details

  • 10,051 Sq Ft Lot
  • No Common Walls
  • Northeast Facing Home
  • Corner Lot

Parking

  • 1 Car Attached Garage
  • Parking Available
  • Single Garage Door
  • Garage Door Opener
  • Off-Street Parking

Property Views

  • Panoramic
  • City Lights
  • Valley
  • Neighborhood

Home Design

  • Duplex
  • Fixer Upper
  • Frame Construction
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,107 Sq Ft Home
  • 2-Story Property
  • Casement Windows
  • Entryway
  • Living Room with Fireplace
  • Den with Fireplace
  • Eat-In Kitchen
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 4 Full Bathrooms
  • Bathtub with Shower

Outdoor Features

  • Deck
  • Concrete Porch or Patio

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Natural Gas Connected
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 786
  • Assessor Parcel Number 5257018040

Community Details

Overview

  • No Home Owners Association
  • Valley

Amenities

  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,551

Year Built

Built in 1949

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: MPR2*
  • Property Condition: Fixer
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 5257018040
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2107.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 2
  • Eating Area: Area
  • Fireplace Features: Den, Living Room
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 379.69
  • Room Type: Den, Entry, Kitchen, Living Room
  • Window Features: Casement Windows
  • Bathroom Features: Bathtub, Shower In Tub

Exterior Features

  • Patio: Yes
  • Direction Faces: Northeast
  • View: City Lights, Neighborhood, Panoramic, Valley
  • Patio And Porch Features: Concrete, Deck, Patio, Patio Open
  • Pool Private: No
  • Roof: Tile
  • Spa: No
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Garage - Single Door, Garage Door Opener, Off Street
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Natural Gas
  • Laundry Features: Common Area
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban, Valley

Schools

  • School District: Alhambra

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: Corner Lot, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10051.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4822.01
  • Tax Lot: 3
  • Tax Tract Number: 786

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 6, 2021
Sold by
Yung Peter Keung and Chan Chloe
Bought by
Yung Peter Keung and Chan Chloe
Current Estimated Value
$1,173,513

Purchase Details

Closed on
Apr 21, 2021
Sold by
Yung Peter Keung and Chan Chloe
Bought by
539 S Lincoln Llc

Purchase Details

Closed on
Dec 26, 2019
Sold by
Yung Peter Keung and Chen Luhan
Bought by
Yung Peter Keung and Chan Chloe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,000
Interest Rate
4.37%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 29, 2018
Closed on
Sep 19, 2018
Sold by
Bingley William L
Bought by
Yung Peter Keung and Chen Luhan
Seller's Agent
Thomas Davis
Coldwell Banker Realty
Buyer's Agent
Tony Chen
Pinnacle Real Estate Group
List Price
$885,888
Sold Price
$800,000
Premium/Discount to List
-$85,888
-9.7%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.61%

Purchase Details

Closed on
May 7, 2003
Sold by
Landon L Kendall
Bought by
Kendall Anna Louise and The Anna Louise Kendall Revocable Living

Purchase Details

Closed on
Apr 23, 1997
Sold by
Landon L Kendall
Bought by
Landon L Kendall

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,507
Interest Rate
7.96%
Mortgage Type
Credit Line Revolving
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
Yung Peter Keung -- Accommodation
539 S Lincoln Llc -- None Available
Yung Peter Keung -- Stewart Title Company
Yung Peter Keung $800,000 Equity Title Company
Kendall Anna Louise -- --
Landon L Kendall -- First American Title Guarant
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yung Peter Keung $516,000
Previous Owner Yung Peter Keung $516,000
Previous Owner Landon L Kendall $559,000
Previous Owner Landon L Kendall $107,507
Previous Owner Landon L Kendall $107,507
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/25/2018 09/25/18 Sold $800,000 +0.3% $380 / Sq Ft
08/16/2018 08/16/18 Price Changed $797,888 -9.9% $379 / Sq Ft
06/29/2018 06/29/18 For Sale $885,888 -- $420 / 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 $12,551 $963,364 $692,756 $270,608
2024 $12,551 $944,475 $679,173 $265,302
2023 $12,299 $925,956 $665,856 $260,100
2022 $11,716 $907,800 $652,800 $255,000
2021 $11,693 $899,219 $621,573 $277,646
2020 $11,626 $890,000 $615,200 $274,800
2019 $10,387 $800,000 $520,000 $280,000
2018 $1,664 $101,920 $26,383 $75,537
2017 $1,689 $99,922 $25,866 $74,056
2016 $1,574 $97,963 $25,359 $72,604
2015 $1,550 $96,493 $24,979 $71,514
2014 $1,544 $94,604 $24,490 $70,114
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR18156273

California Regional Multiple Listing Service (CRMLS)

APN: 5257-018-040