NOT LISTED FOR SALE

547 S Garfield Ave Monterey Park, CA 91754

Estimated Value: $702,000 - $866,653

2 Beds
1 Bath
1,157 Sq Ft
$688/Sq Ft Est. Value

Last Sold March 13, 2020

Last sale price $480,000 $415 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,755/month

62 Days on Market

Highlights

  • No HOA
  • 1-Story Property
  • 4-minute walk to Barnes Park
  • Repetto Elementary School Rated A-

About This Home

As of March 2020

Attention Investors. Located in a great area in Monterrey park with lots of potential and opportunity. This is a corner Lot. Property features 2 bedrooms and 1 bathroom. Living space of 1,157 sqft, Sitting on a 6,653 Sqft Lot. Property sold AS/IS, needs TLC. Buyers to do their own due-diligence. Perfect for a possible development project. Zoning R3 (subject to general plan confirmation)

Last Agent to Sell the Property

James Steven Alvarado-Lopez

Suburban Landmarks, Inc. License #01975225 Listed on: 12/13/2019

Last Buyer's Agent

James Steven Alvarado-Lopez

Suburban Landmarks, Inc. License #01975225 Listed on: 12/13/2019

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,028

Year Built

  • Built in 1941

Lot Details

  • 6,653 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned MPR3YY

Parking

  • 1 Car Garage

Interior Spaces

  • 1,157 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Location

  • Suburban Location

Utilities

  • Water Not Available
  • Sewer Not Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 209
  • Tax Tract Number 7287
  • Assessor Parcel Number 5263001013

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,028

Year Built

Built in 1941

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Zoning: MPR3YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5263001013
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1157.00 Square Feet
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 414.87
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: No
  • Sewer: None
  • Water Source: None

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6653.00
  • Lot Size Acres: 0.1527

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6653.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4821.02
  • Tax Lot: 209
  • Tax Tract Number: 7287

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 13, 2019
Closed on
Feb 27, 2020
Sold by
Schuppel Willard C and Estate Of Doris C Schuppel
Bought by
Rj Development Inc
Seller's Agent
James Steven Alvarado-Lopez
Suburban Landmarks, Inc.
Buyer's Agent
James Steven Alvarado-Lopez
Suburban Landmarks, Inc.
List Price
$650,000
Sold Price
$480,000
Premium/Discount to List
-$170,000
-26.15%
Current Estimated Value
$796,413

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$316,413
Avg. Annual Appreciation
9.41%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Rj Development Inc $480,000 Provident Title Company
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/13/2020 03/13/20 Sold $480,000 -12.7% $415 / Sq Ft
02/13/2020 02/13/20 Pending -- -- --
01/30/2020 01/30/20 Price Changed $549,999 -15.4% $475 / Sq Ft
12/13/2019 12/13/19 For Sale $650,000 -- $562 / 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 $7,028 $536,088 $419,958 $116,130
2024 $7,028 $525,577 $411,724 $113,853
2023 $6,885 $515,272 $403,651 $111,621
2022 $6,430 $494,670 $395,737 $98,933
2021 $6,354 $484,972 $387,978 $96,994
2020 $1,168 $65,400 $30,235 $35,165
2019 $1,139 $64,119 $29,643 $34,476
2018 $1,125 $62,862 $29,062 $33,800
2016 $1,062 $60,424 $27,935 $32,489
2015 $1,045 $59,517 $27,516 $32,001
2014 $1,041 $58,352 $26,977 $31,375
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2020

    James Steven Alvarado-Lopez

    Suburban Landmarks, Inc.

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB19281271

California Regional Multiple Listing Service (CRMLS)

APN: 5263-001-013

California Los Angeles County Monterey Park 91754

547 S Garfield Ave, Monterey Park, CA

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