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217 North Nicholson Avenue

217 North Nicholson Avenue, Monterey Park, CA 91755
Property in Monterey Park
Sold Dec 10, 2021
$910,000
$704,000 by Fidelity Lending Solutions Inc
Mortgage Due Jan 01, 2052
Sold Sep 16, 2021
$880,000
$580,000 by Pmac Lending Services Inc
Mortgage Due Oct 01, 2051
Local assessors in Monterey Park, CA have categorized 217 North Nicholson Avenue as a residential type of property. The property's lot size has been calculated to be 13,452 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 217 North Nicholson Avenue was last sold in Dec 2, 2021 for $910,000. Prior to that sales transaction, the property was sold for $880,000 in Sep 10, 2021. Current property owners are expected to pay $0 in taxes per year. The property on 217 North Nicholson Avenue was last assessed in 2021. As a result of that assessment, the total value of the property was placed at $1,638,465. To break that down further, the land itself was valued at $1,391,265. While improvements to the property were assessed at a total of $247,200. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Bedroom Count: 0
  • Building Style: Condo
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 13,452
  • Total Building Area: 0
  • Building Area: 0

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RAMONA ACRES
  • Land Acres: 0.309
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: PM 409-17-18 LOT 1

Ownership

  • Current Owner : CHEN TAO
  • Current Owner 2: GUO DAN
  • Previous Owner : 217 NICHOLSON PULL LLC
  • Owner Before Previous Owner: 217 NICHOLSON PUD LLC
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Alhambra Unified School District
  • Census Tract: 481711

Zoning

  • Zoning: MPR3YY

Geography

  • Parcel: 5255-016-092
  • Lot: 1
  • Latitude: 34.0644
  • Longitude: -118.119

    Address

  • Full Address: 217 N Nicholson Ave
  • Address - House Number: 217
  • Street Direction: N
  • Address - Street Name: Nicholson
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Monterey Park
  • Carrier Code: C035
  • 4-Digit Zip Code: 1807
  • Zip Code: 91755

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $0
  • Tax Rate Code Area: 01-840

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $704,000
  • First Open Lien Mortgage Lender: FIDELITY LENDING SOLUTIONS INC
  • First Open Lien Mortgage Recording Date: Dec 10, 2021
  • First Open Lien Mortgage Loan Amount: $704,000
  • 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: Jan 01, 2052

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $1,638,465
  • Assessed Land Value: $1,391,265
  • Assessed Improvements Value: $247,200

    Sales

  • Current Sale Contract Date: Dec 02, 2021
  • Current Sale Recording Date: Dec 10, 2021
  • Current Sale Transaction ID: 11873021254
  • Current Sale Price: $910,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1840628
  • Previous Sale Recording Date: Sep 16, 2021
  • Previous Sale Contract Date: Sep 10, 2021
  • Previous Sale Amount: $880,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIDELITY LENDING SOLUTIONS INC
  • First Mortgage Transaction Date: Dec 10, 2021
  • First Mortgage Loan Amount: $704,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jan 01, 2052

    Previous Mortgages

  • Previous Mortgage Lender: PMAC LENDING SERVICES INC
  • Previous Mortgage Transaction Date: Sep 16, 2021
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $580,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Oct 01, 2051

About Monterey Park



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Frequently Asked Questions

What neighborhood is 217 North Nicholson Avenue located in?
The 217 North 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 217 North Nicholson Avenue?
The average sales price for units in 217 North Nicholson Avenue is $0 currently.

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