NOT LISTED FOR SALE

700 E Newmark Ave Unit A Monterey Park, CA 91755

Estimated Value: $724,317 - $814,000

3 Beds
3 Baths
1,281 Sq Ft
$220/mo HOA Fee

Last Sold June 28, 2019

Last sale price $505,000 $394 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $4,773/month

13 Days on Market

Highlights

  • Neighborhood Views
  • 2 Car Direct Access Garage
  • Living Room
  • Monterey Vista Elementary School Rated A-
  • Bathtub with Shower
  • Resident Manager or Management On Site

About This Home

As of June 2019

You will love this pleasant two story condo conveniently located in the heart of Monterey Park. This 1281 sq ft space has 3 bedrooms, 2.5 bathrooms, with an attached 2 car garage making it the perfect home for a young family. Highly rated schools are minutes away making it perfect for quick pickups and drop offs for busy parents. All of this is located in a convenient, friendly neighborhood, with great schools minutes away. The spacious living room is bright and leads to a large galley style kitchen with gas range, dishwasher, lots of cabinets and counter space. The roomy master bedroom upstairs and master en suite is both large and inviting with a sliding glass door that lead out to a private covered balcony, perfect for a little evening retreat. The master bathroom has dual sinks, shower in tub, and two large closets with mirrored doors. The second bedroom includes a large closet as well as sliding doors to a second balcony. The third bedroom is perfect for a playroom or home office. The laundry room is located on the second floor, complete with washer/dryer hookup and ample storage space. The condo boasts a NEW central A/C and central heating unit. Come see this home which is located in the highly sought after area of Monterey Park, just minutes away from the New Market Place shopping center, Garvey Range Park, and a plethora of great dining options.

Last Agent to Sell the Property

Elizabeth Do

Keller Williams Realty License #01473012 Listed on: 05/15/2019

Keller Williams Realty

Co-Listed By

Vi Mai-Nguyen

Keller Williams Realty License #01913853

Last Buyer's Agent

James Duong

LANDMARK LENDING REALTY License #01079764

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1980

Lot Details

  • 7,536

HOA Fees

  • $220 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Interior Spaces

  • 1,281 Sq Ft Home
  • Sliding Doors
  • Living Room
  • Neighborhood Views

Kitchen

  • Gas Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • All Upper Level Bedrooms
  • Mirrored Closets Doors
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower
  • Closet In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Additional Features

  • 1 Common Wall
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 13876
  • Assessor Parcel Number 5259008104

Community Details

Overview

  • 4 Units
  • 700 702 Newmark Condominium Association, Phone Number (626) 905-7867
  • Maintained Community

Security

  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Year Built

Built in 1980

Lot Details

0

HOA Fees

$220 per month

Parking

2

Listing Details

  • Structure Type: Multi Family
  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: MPR3*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5259008104
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1281.00 Square Feet
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 3
  • Door Features: Mirror Closet Door(s), Sliding Doors
  • Levels: Two
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 394.22
  • Room Type: All Bedrooms Up, Kitchen, Living Room, Master Bathroom
  • Bathroom Features: Shower In Tub, Closet In Bathroom, Double Sinks In Master Bath

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

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: Dishwasher, Disposal, Gas Range
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds, Management
  • Association Fee: 220.00
  • Association Fee Frequency: Monthly
  • Association Name: 700-702 Newmark Condominium
  • Phone: 626-905-7867
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights
  • Association Management: 700-702 Newmark Condominium

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 7538.00
  • Lot Size Acres: 0.1730

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7538.0000 Square Feet
  • Number Of Units In Community: 4
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4822.02
  • Tax Lot: 15
  • Tax Tract Number: 13876

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 15, 2019
Closed on
Jun 28, 2019
Sold by
Huynh
Bought by
He and He >
Seller's Agent
Elizabeth Do
Keller Williams Realty
Buyer's Agent
James Duong
LANDMARK LENDING REALTY
List Price
$499,999
Sold Price
$505,000
Premium/Discount to List
$5,001
1%
Current Estimated Value
$751,329

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$246,329
Avg. Annual Appreciation
6.27%
Interest Rate
3.73%

Purchase Details

Closed on
Jan 26, 2018
Sold by
Huynh Luong D
Bought by
Huynh Luong Duy and Le Lan Cam

Purchase Details

Closed on
Aug 10, 2009
Sold by
Le Lan
Bought by
Huynh Luong D

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
5.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1996
Sold by
Chang Pon Cheng
Bought by
Huynh Luong D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$109,200
Interest Rate
8.03%
Mortgage Type
Balloon

Purchase Details

Closed on
Oct 4, 1995
Sold by
Chang Ching Hsien
Bought by
Chang Pon Cheng

Purchase Details

Closed on
Aug 30, 1995
Sold by
Chang Hung Ji
Bought by
Chang Pon Cheng
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
He -- --
Huynh Luong Duy -- None Available
Huynh Luong D -- Pacific Coast Title Company
Huynh Luong D $136,500 South Coast Title
Chang Pon Cheng -- --
Chang Pon Cheng -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed He --
Previous Owner Huynh Luong D $100,000
Previous Owner Huynh Luong D $109,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2019 06/28/19 Sold $505,000 +1.0% $394 / Sq Ft
05/29/2019 05/29/19 For Sale $499,999 0.0% $390 / Sq Ft
05/28/2019 05/28/19 Pending -- -- --
05/15/2019 05/15/19 For Sale $499,999 -- $390 / 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 $7,538 $563,334 $356,184 $207,150
2024 $7,538 $552,289 $349,200 $203,089
2023 $7,283 $541,460 $342,353 $199,107
2022 $6,949 $530,844 $335,641 $195,203
2021 $6,915 $520,436 $329,060 $191,376
2020 $6,937 $515,100 $325,686 $189,414
2019 $3,974 $199,275 $49,484 $149,791
2018 $2,818 $195,368 $48,514 $146,854
2016 $2,604 $187,783 $46,631 $141,152
2015 $2,554 $184,963 $45,931 $139,032
2014 $2,525 $181,341 $45,032 $136,309
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC19110996

California Regional Multiple Listing Service (CRMLS)

APN: 5259-008-104