NOT LISTED FOR SALE

616 W Newmark Ave Monterey Park, CA 91754

Estimated Value: $1,646,980 - $1,708,000

5 Beds
7 Baths
3,398 Sq Ft
$493/Sq Ft Est. Value

About This Home

This home is located at 616 W Newmark Ave, Monterey Park, CA 91754 and is currently estimated at $1,675,995, approximately $493 per square foot. 616 W Newmark Ave is a home located in Los Angeles County with nearby schools including Monterey Highlands Elementary School, Mark Keppel High School, and St. Stephen Martyr School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 5, 2024
Sold by
Hwang Lih and Hwang Nisa
Bought by
Hwang Family Trust and Hwang
Current Estimated Value
$1,675,995

Purchase Details

Closed on
Mar 2, 2015
Sold by
Chu Conway and Chu Meiching Hwang
Bought by
Chu Conway and Chu Meiching Hwang

Purchase Details

Closed on
May 19, 2014
Sold by
Chu Conway and Chu Meiching Hwang
Bought by
The Chu Family Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,000
Interest Rate
4.31%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2009
Sold by
Chu Conway and Chu Meiching
Bought by
Chu Conway and Chu Meiching Hwang

Purchase Details

Closed on
Feb 13, 2009
Sold by
Hwang Carson Sheng and Hwang Juliana Wu
Bought by
Hwang Carson Sheng and Hwang Juliana Wu

Purchase Details

Closed on
Aug 26, 2003
Sold by
Sam Betty Chung and Sam Patrick S
Bought by
Chu Conway and Chu Meiching

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Interest Rate
6.06%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 8, 2002
Sold by
Sam Betty Chung and Sam Patrick S
Bought by
Sam Patrick S and Sam Betty Chung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.05%

Purchase Details

Closed on
Nov 25, 1998
Sold by
Sam Betty C
Bought by
Sam Betty Chung and Sam Patrick S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$235,000
Interest Rate
6.69%

Purchase Details

Closed on
Feb 2, 1994
Sold by
Sam Betty Chung
Bought by
Sam Patrick S and Sam Betty Chung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
7.1%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

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ICE

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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
Hwang Family Trust -- None Listed On Document
Chu Conway -- None Available
The Chu Family Living Trust -- Accommodation
Chu Conway -- First American Title Ofs
Chu Conway -- None Available
Hwang Carson Sheng -- None Available
Chu Conway $625,000 Southland Title
Sam Patrick S -- Southland Title
Sam Betty Chung -- Landsafe Title
Sam Patrick S -- First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chu Conway $362,000
Previous Owner Chu Conway $445,000
Previous Owner Sam Patrick S $250,000
Previous Owner Sam Betty Chung $235,000
Previous Owner Sam Patrick S $240,000
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 $11,923 $888,603 $241,697 $646,906
2024 $11,923 $871,180 $236,958 $634,222
2023 $11,688 $854,099 $232,312 $621,787
2022 $11,146 $837,353 $227,757 $609,596
2021 $11,006 $820,936 $223,292 $597,644
2020 $10,943 $812,519 $221,003 $591,516
2019 $10,621 $796,588 $216,670 $579,918
2018 $10,562 $780,970 $212,422 $568,548
2016 $9,792 $750,645 $204,174 $546,471
2015 $9,641 $739,371 $201,108 $538,263
2014 $9,516 $724,889 $197,169 $527,720
Source: Public Records

Map

California Los Angeles County Monterey Park 91754

616 W Newmark Ave, Monterey Park, CA

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