NOT LISTED FOR SALE

801 El Mercado Ave Monterey Park, CA 91754

Estimated Value: $890,000 - $1,187,000

3 Beds
2 Baths
1,442 Sq Ft
$708/Sq Ft Est. Value

Last Sold May 19, 2016

Last sale price $582,000 $404 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $6,086/month

78 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Mountain View
  • Central Air
  • Brightwood Elementary School Rated A
  • No HOA
  • 2-minute walk to Cascades Park

About This Home

As of May 2016

LOCATED IN THE CONVENIENCE LOCATION AND PRESTIGIOUS BLUE RIBBON AWARDED BRIGHTWOOD SCHOOL DISTRICT. CONDITION SOLD AS IS.

Last Agent to Sell the Property

Sunny Sun

Pinnacle Real Estate Group License #01716622 Listed on: 02/24/2016

Pinnacle Real Estate Group

Last Buyer's Agent

Jack Lin

ACT Real Estate License #01332745

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,894

Year Built

  • Built in 1939

Lot Details

  • 6,080

Parking

  • 2 Car Garage

Interior Spaces

  • 1,442 Sq Ft Home
  • Family Room with Fireplace
  • Mountain Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Additional Features

  • 6,080 Sq Ft Lot
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 608
  • Tax Tract Number 8446
  • Assessor Parcel Number 5262002020

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,894

Year Built

Built in 1939

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Alley Paved
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5262002020
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1442.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: One
  • Price Per Square Foot: 403.61
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Water Available
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Size Sq Ft: 6080.00
  • Price Per Lot Square Foot: 95.72
  • Lot Size Acres: 0.1400

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6080.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 608
  • Tax Tract Number: 8446

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 24, 2016
Closed on
May 13, 2016
Sold by
Fu Robert and Fu Fucheng Yunfong
Bought by
Wu Jonathan and Shwee Nicole
Seller's Agent
Sunny Sun
Pinnacle Real Estate Group
Buyer's Agent
Jack Lin
ACT Real Estate
List Price
$599,000
Sold Price
$582,000
Premium/Discount to List
-$17,000
-2.84%
Current Estimated Value
$1,021,199

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$439,199
Avg. Annual Appreciation
6.13%
Original Mortgage
$465,600
Outstanding Balance
$369,802
Interest Rate
3.59%
Mortgage Type
New Conventional
Estimated Equity
$651,397

Purchase Details

Closed on
Aug 12, 2008
Sold by
Ting Steve and Ting Chhun Lan
Bought by
Fu Robert and Fu Fucheng Yunfong

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
Wu Jonathan $582,000 Title 365
Fu Robert $480,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Jonathan $465,600
Previous Owner Fu Robert $336,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/19/2016 05/19/16 Sold $582,000 -2.8% $404 / Sq Ft
04/01/2016 04/01/16 Pending -- -- --
03/04/2016 03/04/16 For Sale $599,000 0.0% $415 / Sq Ft
02/01/2016 02/01/16 Pending -- -- --
01/14/2016 01/14/16 For Sale $599,000 0.0% $415 / Sq Ft
10/23/2014 10/23/14 Rented $2,200 +4.8% --
10/23/2014 10/23/14 For Rent $2,100 0.0% --
03/21/2013 03/21/13 Rented $2,100 0.0% --
03/20/2013 03/20/13 Under Contract -- -- --
02/07/2013 02/07/13 For Rent $2,100 -- --
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 $8,894 $688,961 $522,523 $166,438
2024 $8,894 $675,453 $512,278 $163,175
2023 $8,712 $662,210 $502,234 $159,976
2022 $8,297 $649,227 $492,387 $156,840
2021 $8,198 $636,498 $482,733 $153,765
2019 $7,903 $617,621 $468,416 $149,205
2018 $7,907 $605,512 $459,232 $146,280
2016 $6,662 $522,148 $375,623 $146,525
2015 $6,558 $514,306 $369,981 $144,325
2014 $6,467 $504,232 $362,734 $141,498
Source: Public Records

Agents Affiliated with this Home

  • Sunny Sun

    Seller's Agent in 2016

    Sunny Sun

    Pinnacle Real Estate Group

    (626) 447-5100

    2 in this area

    13 Total Sales

    Sunny Sun
    Section Image

  • J

    Buyer's Agent in 2016

    Jack Lin

    ACT Real Estate

    (626) 572-4019

    4 Total Sales

    Jack Lin
    Section Image

  • E

    Buyer's Agent in 2014

    Eugene Liu

    168 Realty Inc.

    Section Image
  • Christina Chin

    Seller's Agent in 2013

    Christina Chin

    Re/Max Elite Realty

    (626) 688-1055

    38 Total Sales

    Christina Chin
    Section Image

  • T

    Buyer's Agent in 2013

    Tu Phung

    IRN REALTY

    (626) 236-2222

    1 Total Sale

    Tu Phung
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR16008211

California Regional Multiple Listing Service (CRMLS)

APN: 5262-002-020

California Los Angeles County Monterey Park 91754

801 El Mercado Ave, Monterey Park, CA

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