NOT LISTED FOR SALE

612 Russell Ave Monterey Park, CA 91755

Estimated Value: $918,000 - $1,128,910

3 Beds
1 Bath
1,083 Sq Ft
$948/Sq Ft Est. Value

Last Sold August 09, 2022

Last sale price $998,000 $922 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $6,686/month

25 Days on Market

Highlights

  • Fireplace in Guest House
  • Wood Flooring
  • Neighborhood Views
  • Repetto Elementary School Rated A-
  • Granite Countertops
  • Cooling System Mounted To A Wall/Window

About This Home

As of August 2022

It is an AMAZING OPPORTUNITY to own a home that is perfect for both owner occupying and investing. Main house with 3 bedrooms and 1 bathroom of 1,083 sqft in a large flat lot of R2 zone of 10,476 sqft in Monterey Park. Guest house of 322 sqft + 400 sqft garage + 400 sqft permitted workshop. Perfect home to live one and get investment/rental income. It offers great potential for addition and ADU! Desirable Mark Keppel high school. Convenient location, walking distance to Garvey Ranch Park, schools, banks, markets, restaurants and etc. Easy access to the 60, 10 & 710 freeways and close to Downtown Los Angeles. Great opportunity for developers or private owners who want to build their dream home in desirable location in Monterey Park. Come check out this gem and make it yours today before it’s too late!

Last Agent to Sell the Property

Anita Wong

Re/Max Premier Prop Arcadia License #01928171 Listed on: 07/03/2022

Re/Max Premier Prop Arcadia

Last Buyer's Agent

Anita Wong

Re/Max Premier Prop Arcadia License #01928171 Listed on: 07/03/2022

Re/Max Premier Prop Arcadia

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,257

Year Built

  • Built in 1941

Lot Details

  • 10,476 Sq Ft Lot
  • Property is zoned MPR2YY

Parking

  • 2 Car Garage

Interior Spaces

  • 1,083 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Track Lighting
  • Wood Flooring
  • Neighborhood Views
  • Laundry Room

Kitchen

  • Gas Range
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Additional Homes

  • Fireplace in Guest House

Schools

  • Repetto Elementary School
  • Mark Keppel High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Septic Type Unknown

Listing and Financial Details

  • Legal Lot and Block 2 / 2
  • Tax Tract Number 4461
  • Assessor Parcel Number 5260003003
  • $493 per year additional tax assessments

Community Details

Overview

  • Property has a Home Owners Association

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,257

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: 626-802-8122
  • Property Attached: No
  • Zoning: MPR2YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5260003003
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1083.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Track Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Guest House
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 921.51
  • Room Type: All Bedrooms Down
  • Bathroom Features: Shower In Tub
  • Room Kitchen Features: Granite Counters

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Appliances: Gas Range
  • Laundry Features: Inside
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Senior Community: No
  • Community Features: Park, Sidewalks

Schools

  • School District: Alhambra
  • Elementary School: Repetto
  • High School: Mark Keppel
  • Elementary School: Repetto
  • High School: Mark Keppel
  • Elementary School #2: REPET
  • High School2: MARKEP

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 10476.00
  • Lot Size Acres: 0.2405

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10476.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 4826.00
  • Tax Lot: 2
  • Tax Tract Number: 4461
  • TaxOtherAnnualAssessmentAmount: 493.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 3, 2022
Closed on
Jul 28, 2022
Sold by
Leung Chan Alan Ying
Bought by
Chen Victor
Seller's Agent
Anita Wong
Re/Max Premier Prop Arcadia
Buyer's Agent
Anita Wong
Re/Max Premier Prop Arcadia
List Price
$1,199,999
Sold Price
$998,000
Premium/Discount to List
-$201,999
-16.83%
Current Estimated Value
$1,026,228

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,228
Avg. Annual Appreciation
1.39%

Purchase Details

Closed on
Nov 3, 2005
Sold by
Henmay Inc
Bought by
Chan Alan Ying Leung

Purchase Details

Closed on
Oct 14, 2002
Sold by
Chan Alan Ying Leung
Bought by
Henmay Inc

Purchase Details

Closed on
Mar 23, 2001
Sold by
Lai Sara Mei Fai
Bought by
Chan Alan Ying Leung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.06%

Purchase Details

Closed on
Feb 9, 2001
Sold by
Johns Helen C and The Johns Trust
Bought by
Chan Alan Ying Leung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.06%
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
Chen Victor $988,000 New Title Company Name
Chan Alan Ying Leung -- --
Henmay Inc -- --
Chan Alan Ying Leung -- Old Republic Title Company
Chan Alan Ying Leung $260,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Victor $590,000
Previous Owner Chan Alan Ying Leung $240,000
Previous Owner Chan Alan Ying Leung $150,000
Previous Owner Chan Alan Ying Leung $150,000
Previous Owner Johns Helen C $15,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2022 08/09/22 Sold $998,000 -0.2% $922 / Sq Ft
07/29/2022 07/29/22 Pending -- -- --
07/11/2022 07/11/22 Price Changed $999,999 -16.7% $923 / Sq Ft
07/03/2022 07/03/22 For Sale $1,199,999 -- $1,108 / 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 $13,257 $1,027,915 $822,332 $205,583
2024 $13,257 $1,007,760 $806,208 $201,552
2023 $12,989 $988,000 $790,400 $197,600
2022 $4,942 $369,163 $258,986 $110,177
2021 $4,881 $361,925 $253,908 $108,017
2019 $4,712 $351,192 $246,378 $104,814
2018 $4,605 $344,307 $241,548 $102,759
2016 $4,266 $330,939 $232,169 $98,770
2015 $4,198 $325,969 $228,682 $97,287
2014 $4,145 $319,585 $224,203 $95,382
Source: Public Records

Agents Affiliated with this Home

  • Anita Wong

    Seller's Agent in 2022

    Anita Wong

    RE/MAX

    (626) 802-8122

    3 in this area

    41 Total Sales

    Anita Wong
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR22142563

California Regional Multiple Listing Service (CRMLS)

APN: 5260-003-003

California Los Angeles County Monterey Park 91755

612 Russell Ave, Monterey Park, CA

This home is located at 612 Russell Ave, Monterey Park, CA 91755 since 03 July 2022 and is currently estimated at $1,026,228, approximately $947 per square foot. This property was built in 1941. 612 Russell Ave is a home located in Los Angeles County with nearby schools including Repetto 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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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