NOT LISTED FOR SALE

545 N Alhambra Ave Unit B Monterey Park, CA 91755

Estimated Value: $813,204 - $851,000

4 Beds
3 Baths
1,560 Sq Ft
$200/mo HOA Fee

Last Sold August 11, 2015

Last sale price $510,000 $327 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $5,484/month

92 Days on Market

Highlights

  • Primary Bedroom Suite
  • Gated Community
  • Main Floor Bedroom
  • Repetto Elementary School Rated A-
  • 0.77 Acre Lot
  • Bonus Room

About This Home

As of August 2015

Don't miss this opportunity to own this spacious 1,560 SF condo with an Excellent location in Monterey Park! Situated within a nice gated community. This well-maintained 4-bedroom/ 3-bath condo only shares one common wall and receives plenty of natural light! Feel the comforts of home as you walk into the welcoming Living room with lovely marble fireplace. Convenient floorplan features an open concept kitchen & dining area great for any couple of family. New linoleum flooring in the kitchen and all bathrooms. Main floor includes one bedroom and full bath, and three additional spacious bedrooms and two baths on the second floor. Large Master bedroom with walk-in closet, and master bath includes dual sinks and sky light ceiling. This unit is bright and airy, and in good move-in condition. Additional features include Central A/C & Heat, Separate Laundry area, Direct access to the attached 3-car Garage, and additional storage bonus room adjacent to the garage. Fantastic Convenient location in a nice neighborhood, this wonderful home is close to Mark Keppel High School, public transportation, restaurants and grocery stores!

Last Agent to Sell the Property

Annis Chow

Coldwell Banker Dynasty T.C. License #01065639 Listed on: 05/04/2015

Coldwell Banker Dynasty T.C.

Last Buyer's Agent

Rachel Chen

Pinnacle Real Estate Group License #01869026

Pinnacle Real Estate Group

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $7,912

Year Built

  • Built in 1989

Lot Details

  • 1 Common Wall
  • Brick Fence
  • Front Yard

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Two Garage Doors

Interior Spaces

  • 1,560 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Home Office
  • Bonus Room

Kitchen

  • <<builtInRangeToken>>
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Double Master Bedroom
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

Outdoor Features

  • Balcony
  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 33394
  • Assessor Parcel Number 5255021083

Community Details

Overview

  • 12 Units

Amenities

  • Laundry Facilities

Security

  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$7,912

Year Built

Built in 1989

Lot Details

0

HOA Fees

$200 per month

Parking

3

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5255021083
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1560.00
  • Interior Amenities: Balcony, Ceiling Fan(s)
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Dining Ell
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Price Per Square Foot: 326.92
  • Room Type: Bonus Room, Living Room, Main Floor Bedroom, Master Suite, Walk-In Closet, Office, Two Masters

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Brick
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage - Two Door
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Gas Cooktop, Gas Water Heater, Refrigerator
  • Heating Type: Central
  • Laundry Features: Common Area, In Garage
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 200.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 33385.00
  • Price Per Lot Square Foot: 15.28
  • Lot Size Acres: 0.7660

Multi Family

  • Lease Considered: No
  • Lot Size Area: 33385.0000 Square Feet
  • Number Of Units In Community: 12
  • Number Of Units Total: 12

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 33394

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 31, 2018
Sold by
Bu Limin
Bought by
Bu Limin and Wang Liping
Current Estimated Value
$835,051

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,500
Outstanding Balance
$166,604
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$671,230

Purchase Details

Listed on
May 4, 2015
Closed on
Jul 6, 2015
Sold by
Ho Chu Ning
Bought by
Bu Limin
Seller's Agent
Annis Chow
Coldwell Banker Dynasty T.C.
Buyer's Agent
Rachel Chen
Pinnacle Real Estate Group
List Price
$515,000
Sold Price
$510,000
Premium/Discount to List
-$5,000
-0.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.12%
Original Mortgage
$306,000
Outstanding Balance
$243,038
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$594,796

Purchase Details

Closed on
Oct 1, 2001
Sold by
Tung Chia Kung and Chu Min Lu
Bought by
Ho Chu Ning

Purchase Details

Closed on
Jan 4, 1995
Sold by
Chang Lih
Bought by
Tung Chia Kung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
9.16%

Purchase Details

Closed on
Oct 31, 1994
Sold by
Tung Michael and Tung Judy Young
Bought by
Chang Lih
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
Bu Limin -- Fidelity National Title
Bu Limin $510,000 Lawyers Title
Ho Chu Ning -- --
Tung Chia Kung $190,000 Commonwealth Land Title
Chang Lih -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bu Limin $189,500
Open Bu Limin $306,000
Previous Owner Tung Chia Kung $135,000
Previous Owner Tung Chia Kung $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/11/2015 08/11/15 Sold $510,000 0.0% $327 / Sq Ft
08/04/2015 08/04/15 Pending -- -- --
07/20/2015 07/20/15 Off Market $510,000 -- --
07/19/2015 07/19/15 For Sale $515,000 0.0% $330 / Sq Ft
06/19/2015 06/19/15 Pending -- -- --
05/04/2015 05/04/15 For Sale $515,000 -- $330 / 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
2024 $7,912 $591,890 $335,057 $256,833
2023 $7,752 $580,286 $328,488 $251,798
2022 $7,339 $568,909 $322,048 $246,861
2021 $7,251 $557,755 $315,734 $242,021
2019 $6,992 $541,214 $306,370 $234,844
2018 $7,009 $530,603 $300,363 $230,240
2016 $6,575 $510,000 $288,700 $221,300
2015 $3,423 $265,527 $97,821 $167,706
2014 $3,379 $260,326 $95,905 $164,421
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR15094641

California Regional Multiple Listing Service (CRMLS)

APN: 5255-021-083