NOT LISTED FOR SALE

517 N Lincoln Ave Monterey Park, CA 91755

Estimated Value: $935,000 - $975,000

4 Beds
2.5 Baths
1,644 Sq Ft
$580/Sq Ft Est. Value

Last Sold February 27, 2024

Last sale price $905,000 $550 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $6,258/month

7 Days on Market

Highlights

  • 0.4 Acre Lot
  • Neighborhood Views
  • Laundry Room
  • Ynez Elementary School Rated A-
  • 3 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of February 2024

Affordably priced for a quick sale! Explore this captivating PUD home situated in the heart of Monterey Park, close to various entertainment options and transportation hubs. Conveniently accessible to major freeways 10 & 60, this residence boasts 4 bedrooms and 2 & 1/2 bathrooms. The spacious living room and dining room, adjacent to the kitchen with backyard access, make it an ideal space for gatherings. Upstairs, a generous family room with a fireplace awaits. The expansive master bedroom features 2 closets, one regular and one walk-in.
Located within a gated community with only 4 units, this home offers privacy and tranquility. The low monthly HOA fee of $110 covers the maintenance of the unit's backyard. This single-family residence (SFR/D) stands apart with no shared walls and ample parking, including a 3-car garage and an additional parking space adjacent to the home. Come and discover the charm of this property by seeing it for yourself! Property sold in its current as-is conditions. Buyers to do their own due diligence on all investigations, though the information provided is deemed reliable but not guaranteed.

Last Listed By

Jennifer Chan

HomeSmart, Evergreen Realty License #01212195 Listed on: 01/15/2024

HomeSmart, Evergreen Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,079

Year Built

  • Built in 1997

Lot Details

  • 0.4 Acre Lot
  • Back Yard
  • Property is zoned MPR3YY

HOA Fees

  • $110 Monthly HOA Fees

Parking

  • 3 Car Attached Garage

Home Design

  • Planned Development

Interior Spaces

  • 1,644 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Neighborhood Views

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Upper Level Bedrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Schools

  • Mark Keppel High School

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Community Details

  • Master Insurance
  • Maintained Community

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 4817
  • Assessor Parcel Number 5255011040

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,079

Year Built

Built in 1997

Lot Details

0

HOA Fees

$110 per month

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: MPR3YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5255011040
  • Year Built: 1997
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1644.00 Square Feet
  • Stories: 2
  • Entry Location: Front
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 550.49
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Insurance, Maintenance Grounds
  • Association Fee: 110.00
  • Association Fee Frequency: Monthly
  • Association Name: Unknown
  • Phone: Private
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Street Lights

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: 17422.00
  • Lot Size Acres: 0.4000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 17422.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4817.11
  • Tax Lot: 1
  • Tax Tract Number: 4817

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2024
Closed on
Feb 21, 2024
Sold by
Tong Vanhong and Truong Loc P
Bought by
Xiang Yunhui Skyler and Xiong Yan
Seller's Agent
Jennifer Chan
HomeSmart, Evergreen Realty
Buyer's Agent
Jennifer Chan
HomeSmart, Evergreen Realty
List Price
$850,000
Sold Price
$905,000
Premium/Discount to List
$55,000
6.47%
Total Days on Market
7
Views
47
Current Estimated Value
$952,836

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$47,836
Avg. Annual Appreciation
4.58%
Original Mortgage
$575,000
Interest Rate
6.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 15, 2024
Closed on
Jan 8, 2024
Sold by
Vanhong Tong
Bought by
Vanhong Tong and Truong Loc P
Seller's Agent
Jennifer Chan
HomeSmart, Evergreen Realty
Buyer's Agent
Jennifer Chan
HomeSmart, Evergreen Realty
List Price
$850,000
Sold Price
$905,000
Premium/Discount to List
$55,000
6.47%
Views
47

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,000
Interest Rate
6.66%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 20, 2019
Closed on
Aug 29, 2019
Sold by
Huang Yue Zhi and Chen Hui Zhen
Bought by
Vanhong Tong Van
Seller's Agent
Kinny Lin
TREELANE REALTY GRP, INC.
Buyer's Agent
JOHNNY KHUU
FIRST CHOICE REALTY CO.
List Price
$738,000
Sold Price
$718,000
Premium/Discount to List
-$20,000
-2.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.30%

Purchase Details

Closed on
Oct 31, 2017
Sold by
Huang Yue Zhi
Bought by
Huang Yue Zhi and Chen Hui Zhen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
3.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 21, 1999
Sold by
Longo Development Inc
Bought by
Chan Tony W and Chan Ngoot M

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
Xiang Yunhui Skyler $905,000 Socal Title Company
Vanhong Tong -- None Listed On Document
Vanhong Tong Van $718,000 Chicago Title Company
Huang Yue Zhi -- Provident Title Company
Chan Tony W -- First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Xiang Yunhui Skyler $420,000
Closed Xiang Yunhui Skyler $575,000
Previous Owner Tong Vanhong $60,000
Previous Owner Vanhong Tong $453,375
Previous Owner Huang Yue Zhi $472,500
Previous Owner Huang Yue Zhi $318,000
Previous Owner Chan Tony W $20,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/27/2024 02/27/24 Sold $905,000 +6.5% $550 / Sq Ft
01/22/2024 01/22/24 Pending -- -- --
01/15/2024 01/15/24 For Sale $850,000 +18.4% $517 / Sq Ft
09/05/2019 09/05/19 Sold $718,000 0.0% $437 / Sq Ft
06/26/2019 06/26/19 Price Changed $718,000 -1.4% $437 / Sq Ft
06/20/2019 06/20/19 Price Changed $728,000 -1.4% $443 / Sq Ft
05/20/2019 05/20/19 For Sale $738,000 -- $449 / 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
2024 $10,079 $769,837 $485,920 $283,917
2023 $9,874 $754,743 $476,393 $278,350
2022 $9,402 $739,945 $467,052 $272,893
2021 $9,292 $725,438 $457,895 $267,543
2020 $9,324 $718,000 $453,200 $264,800
2019 $6,559 $508,535 $298,239 $210,296
2018 $6,533 $498,565 $292,392 $206,173
2017 $6,461 $488,790 $286,659 $202,131
2016 $6,034 $479,207 $281,039 $198,168
2015 $5,939 $472,010 $276,818 $195,192
2014 $5,856 $462,765 $271,396 $191,369
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR24008493

California Regional Multiple Listing Service (CRMLS)

APN: 5255-011-040