NOT LISTED FOR SALE

635 S Lincoln Ave Monterey Park, CA 91755

Estimated Value: $991,000 - $1,071,490

3 Beds
2 Baths
1,512 Sq Ft
$683/Sq Ft Est. Value

Last Sold November 28, 2018

Last sale price $780,000 $516 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $6,568/month

13 Days on Market

Highlights

  • Panoramic View
  • Open Floorplan
  • 2 Car Direct Access Garage
  • Repetto Elementary School Rated A-
  • No HOA
  • Shutters

About This Home

As of November 2018

MAGNIFICENT VIEW!!! Beautiful single story home located in the City of Monterey Park. Property future 3 bedrooms & 2 baths.
Spacey Living room. Bright & airy open space kitchen. Cozy dinning area with fireplace & high ceiling lead to the large deck with the amazing PANORAMIC VIEW***CITY LIGHTS!!! Newer dual-panel windows & window shutters, recess lights, brand new water softener and many more! Easy freeway access to both 60 fwy & 10 fwy. Minutes to Downtown L.A. and Pasadena. Conveniently close to all the restaurants, schools, shops, entertainment, supermarkets and public transportation. This one will not LAST!!!

Last Agent to Sell the Property

David Wong

Pinnacle Real Estate Group License #01325743 Listed on: 10/19/2018

Pinnacle Real Estate Group

Last Buyer's Agent

RAE ZHANG

RE/MAX CHAMPIONS License #02011752

RE/MAX CHAMPIONS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,301

Year Built

  • Built in 1951

Lot Details

  • 7,794 Sq Ft Lot
  • Back Yard
  • Property is zoned MPR1*

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Home Design

  • Shingle Roof

Interior Spaces

  • 1,512 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Double Pane Windows
  • Shutters
  • Living Room
  • Dining Room with Fireplace
  • Panoramic Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Schools

  • Mark Keppel High School

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Water Softener
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 60
  • Tax Tract Number 1840
  • Assessor Parcel Number 5264002021

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,301

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: MPR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5264002021
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1512.00 Square Feet
  • Interior Amenities: Open Floorplan, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Dining Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 515.87
  • Room Type: Living Room, Master Bathroom
  • Window Features: Double Pane Windows, Shutters
  • Bathroom Features: Shower In Tub, Exhaust Fan(s)

Exterior Features

  • View: Panoramic
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Softener
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Alhambra
  • High School: Mark Keppel
  • High School: Mark Keppel
  • High School2: MARKEP

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 7794.00
  • Lot Size Acres: 0.1789

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7794.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4826.00
  • Tax Lot: 60
  • Tax Tract Number: 1840

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 19, 2018
Closed on
Nov 19, 2018
Sold by
Ly Randy and Ly Angie
Bought by
Chen Wen Qing and Chen Li Qing
Seller's Agent
David Wong
Pinnacle Real Estate Group
Buyer's Agent
RAE ZHANG
RE/MAX CHAMPIONS
List Price
$749,900
Sold Price
$780,000
Premium/Discount to List
$30,100
4.01%
Current Estimated Value
$1,032,623

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$252,623
Avg. Annual Appreciation
4.25%
Original Mortgage
$546,000
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 13, 2001
Sold by
Cheng John K W
Bought by
Ly Randy and Ly Angie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$630,000
Interest Rate
6.91%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 15, 1998
Sold by
Lam England Y
Bought by
Cheng John K W and Cheng Winnie Y M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
7.13%
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 Wen Qing $780,000 Stewart Title
Ly Randy $314,000 First American Title Co
Cheng John K W $223,000 United Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Wen Qing $400,000
Closed Chen Wen Qing $546,000
Previous Owner Ly Randy $224,500
Previous Owner Ly Randy $180,000
Previous Owner Ly Randy $130,000
Previous Owner Ly Randy $269,000
Previous Owner Ly Randy $280,000
Previous Owner Ly Randy J $630,000
Previous Owner Ly Randy $282,000
Previous Owner Cheng John K W $40,000
Previous Owner Cheng John K W $178,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2018 11/28/18 Sold $780,000 +4.0% $516 / Sq Ft
10/19/2018 10/19/18 For Sale $749,900 -- $496 / 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 $11,301 $870,101 $690,727 $179,374
2024 $11,301 $853,041 $677,184 $175,857
2023 $11,073 $836,315 $663,906 $172,409
2022 $10,547 $819,918 $650,889 $169,029
2021 $10,427 $803,842 $638,127 $165,715
2019 $10,055 $780,000 $619,200 $160,800
2018 $5,415 $407,410 $242,008 $165,402
2016 $5,006 $391,591 $232,611 $158,980
2015 $4,927 $385,709 $229,117 $156,592
2014 $4,861 $378,154 $224,629 $153,525
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR18255025

California Regional Multiple Listing Service (CRMLS)

APN: 5264-002-021