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112 South Nicholson Avenue

112 South Nicholson Avenue, Monterey Park, CA 91755
Property in Monterey Park
Sold Aug 06, 2020
$1,020,000
$682,500 by Cathay Bank
Mortgage Due Sep 01, 2050
Sold May 24, 2018
$890,000
$679,150 by Homestreet Bank
Mortgage Due Jun 01, 2048
112 South Nicholson Avenue in Monterey Park, CA was first built in 1932 and is 92 years old. Although, the building on the property was most recently renovated and altered in 1980. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a conventional style. It is a single story home. There are a total of 8 rooms in the home, of which, 5 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 112 South Nicholson Avenue has 2,380 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 440 ft and the linear feet between the front and back of the lot is 1,340. In total, the area measurement of the land is 5,690 square feet.

Learn more about the property and building on this page. The home has a hip style roof made of tile. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of B. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 112 South Nicholson Avenue sold most recently in Jul 7, 2020 for a total of $1,020,000. If you work out the math, that's approximately a cost of $428.57 per sqft. Before that, the property was also sold for $890,000 in May 10, 2018. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $13,264 in taxes each year. 112 South Nicholson Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,061,208. If we break it down further, the land itself was valued at $624,240. Improvements to the property, however, were assessed at a total of $436,968. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1932
  • Effective Year Built: 1980
  • Building Count: 1
  • Total Rooms: 8
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Hip
  • Roof Cover Type: Tile
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 5,690
  • Lot Size Depth Feet: 1,340
  • Lot Size Frontage Feet: 440
  • Total Building Area: 2,380
  • Building Area: 2,380
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,380
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 8417
  • Land Acres: 0.131
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 8417 LOT/SEC 19

Ownership

  • Current Owner : CHEN SEN
  • Current Owner 2: MIAO FANG
  • Previous Owner : LEE DAI LING
  • Previous Owner 2: SUNG JUA CHUAN
  • Owner Before Previous Owner: LI GUIQUAN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Community Property

Neighborhood

  • School District Name: Alhambra Unified School District
  • Census Tract: 482201

Zoning

  • Zoning: MPR1*

Geography

  • Assessors Map Reference: 46-C2
  • Subdivision Tract Number: 8417
  • Parcel: 5259-010-027
  • Lot: 19
  • Municipality: EAST /W. MONTEREY PK.
  • Latitude: 34.062
  • Longitude: -118.119

    Address

  • Full Address: 112 S Nicholson Ave
  • Address - House Number: 112
  • Street Direction: S
  • Address - Street Name: Nicholson
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Monterey Park
  • Carrier Code: C031
  • 4-Digit Zip Code: 2923
  • Zip Code: 91755

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,264
  • Tax Rate Code Area: 01-840

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,285,483
  • High Value: 1,572,658
  • Low Value: 998,309

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,182,500
  • First Open Lien Mortgage Lender: CATHAY BANK
  • First Open Lien Mortgage Recording Date: Aug 06, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $682,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2050
  • Second Open Lien Mortgage Lender: CATHAY BANK
  • Second Open Lien Mortgage Recording Date: Jun 28, 2022
  • Second Open Lien Mortgage Financing Type: unknown
  • Second Open Lien Mortgage Loan Amount: $500,000
  • Second Open Lien Mortgage Term: 180
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Balloon
  • Second Open Lien Mortgage Loan Due Date: Jul 01, 2037

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,061,208
  • Assessed Land Value: $624,240
  • Assessed Improvements Value: $436,968

    Sales

  • Current Sale Contract Date: Jul 07, 2020
  • Current Sale Recording Date: Aug 06, 2020
  • Current Sale Transaction ID: 11776653444
  • Current Sale Price: $1,020,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0902865
  • Previous Sale Recording Date: May 24, 2018
  • Previous Sale Contract Date: May 10, 2018
  • Previous Sale Amount: $890,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CATHAY BANK
  • First Mortgage Transaction Date: Aug 06, 2020
  • First Mortgage Loan Amount: $682,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: HOMESTREET BANK
  • Previous Mortgage Transaction Date: May 24, 2018
  • Previous Mortgage Loan Amount: $679,150
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Jun 01, 2048

About Monterey Park



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Frequently Asked Questions

What neighborhood is 112 South Nicholson Avenue located in?
The 112 South Nicholson Avenue is a located in the neighborhood of Monterey Park in Monterey Park, Monterey Park.
What is the average sales price for listings in 112 South Nicholson Avenue?
The average sales price for units in 112 South Nicholson Avenue is $0 currently.

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