NOT LISTED FOR SALE

550 E Newmark Ave Unit C Monterey Park, CA 91755

Estimated Value: $628,000 - $678,000

3 Beds
2 Baths
1,192 Sq Ft
$548/Sq Ft Est. Value

About This Home

This home is located at 550 E Newmark Ave Unit C, Monterey Park, CA 91755 and is currently estimated at $652,854, approximately $547 per square foot. 550 E Newmark Ave Unit C is a home located in Los Angeles County with nearby schools including Monterey Vista Elementary School, Garvey (Richard) Intermediate School, and Mark Keppel High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 31, 2006
Sold by
Chen Rachel Li
Bought by
Shi Qing Qing and Sy Christine
Current Estimated Value
$652,854

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,000
Outstanding Balance
$1,322
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$651,532

Purchase Details

Closed on
Oct 7, 2005
Sold by
Cheung Cathy
Bought by
Chen Rachel Li

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,000
Interest Rate
5.63%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Nov 13, 2003
Sold by
Cheung Cathy and Zhang Hong
Bought by
Cheung Cathy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.89%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 25, 1996
Sold by
Jong Kinley L
Bought by
Jong Wayne King and Jong Juliana Junko
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
Collateral Analytics

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ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

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First American

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Quantarium

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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
Shi Qing Qing $375,000 Fatcola
Chen Rachel Li $330,000 First American Title Co
Cheung Cathy -- First American Title Co
Jong Wayne King $80,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shi Qing Qing $37,000
Previous Owner Chen Rachel Li $264,000
Previous Owner Cheung Cathy $100,000
Closed Cheung Cathy $38,000
Source: Public Records

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 $6,872 $512,450 $336,581 $175,869
2024 $6,872 $502,403 $329,982 $172,421
2023 $6,640 $492,553 $323,512 $169,041
2022 $6,336 $482,896 $317,169 $165,727
2021 $6,304 $473,428 $310,950 $162,478
2019 $6,065 $459,387 $301,728 $157,659
2018 $6,035 $450,380 $295,812 $154,568
2016 $4,993 $388,000 $255,000 $133,000
2015 $4,670 $364,000 $239,000 $125,000
2014 $4,695 $364,000 $239,000 $125,000
Source: Public Records

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