NOT LISTED FOR SALE

605 El Mercado Ave Monterey Park, CA 91754

Estimated Value: $867,000 - $990,000

3 Beds
2 Baths
1,560 Sq Ft
$599/Sq Ft Est. Value

About This Home

This home is located at 605 El Mercado Ave, Monterey Park, CA 91754 and is currently estimated at $933,977, approximately $598 per square foot. 605 El Mercado Ave is a home located in Los Angeles County with nearby schools including Brightwood Elementary School, Mark Keppel High School, and St. Stephen Martyr School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 7, 2023
Sold by
Ip King Chi and Ip Cindy Yee-Man
Bought by
Ip Family Trust
Current Estimated Value
$933,977

Purchase Details

Closed on
Mar 7, 2002
Sold by
Ip Benson King Chi and Ip Cindy Yee Man
Bought by
Ip Benson King Chi and Ip Cindy Yee Man

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,000
Interest Rate
6.99%

Purchase Details

Closed on
Dec 22, 1997
Sold by
Ip Cindy Yee Man
Bought by
Ip Benson King Chi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
7.16%

Purchase Details

Closed on
Jun 12, 1996
Sold by
Tu Julian
Bought by
Chang Weilie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
8.01%

Purchase Details

Closed on
May 30, 1996
Sold by
Chang Weilie
Bought by
Ip Benson King Chi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
8.01%

Purchase Details

Closed on
Oct 16, 1993
Sold by
Tu Julian
Bought by
Chang Weilie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
6.74%
Source: Public Records

Range of Values:

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
Ip Family Trust -- None Listed On Document
Ip Benson King Chi -- First American Title Co
Ip Benson King Chi -- United Title
Chang Weilie -- Title Land
Ip Benson King Chi $215,000 Title Land
Chang Weilie -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chi Benson King $50,000
Previous Owner Ip Benson King Chi $130,000
Previous Owner Ip Benson King Chi $103,000
Previous Owner Ip Benson King Chi $160,000
Previous Owner Ip Benson King Chi $170,000
Previous Owner Ip Benson King Chi $20,000
Previous Owner Ip Benson King Chi $163,000
Previous Owner Ip Benson King Chi $168,000
Previous Owner Ip Benson King Chi $168,000
Previous Owner Chang Weilie $146,000
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 $4,747 $357,145 $180,899 $176,246
2024 $4,747 $350,143 $177,352 $172,791
2023 $4,651 $343,278 $173,875 $169,403
2022 $4,435 $336,548 $170,466 $166,082
2021 $4,449 $329,950 $167,124 $162,826
2019 $4,293 $320,166 $162,168 $157,998
2018 $4,228 $313,889 $158,989 $154,900
2016 $3,912 $301,702 $152,816 $148,886
2015 $3,850 $297,171 $150,521 $146,650
2014 $3,800 $291,351 $147,573 $143,778
Source: Public Records

Map

California Los Angeles County Monterey Park 91754

605 El Mercado Ave, Monterey Park, CA

This home is located at 605 El Mercado Ave, Monterey Park, CA 91754 and is currently estimated at $933,977, approximately $598 per square foot. 605 El Mercado Ave is a home located in Los Angeles County with nearby schools including Brightwood Elementary School, Mark Keppel High School, and St. Stephen Martyr School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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