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426 Russell Avenue

426 Russell Avenue, Monterey Park, CA 91755
Property in Monterey Park
Sold Mar 26, 2021
$980,000
$700,000 by New Wave Lending Group Inc
Mortgage Due Apr 01, 2051
Sold Mar 12, 2021
$1,078,000
$700,000 by New Wave Lending Group Inc
Mortgage Due Apr 01, 2051
This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a condo style.

Learn more about the property and building on this page. 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, 426 Russell Avenue sold most recently in Mar 24, 2021 for a total of $980,000. Before that, the property was also sold for $1,078,000 in Mar 3, 2021. There could be many factors that caused the property to sell at a lower price and decrease in value. Tax-wise, the current owner is expected to pay close to $0 in taxes each year. 426 Russell Avenue was most recently assessed in 2021. During this assessment, the property's total value was estimated to be about $1,515,967. If we break it down further, the land itself was valued at $835,567. Improvements to the property, however, were assessed at a total of $680,400. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!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.

Building Features

Condition

New Construction
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: 0
  • 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
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: P M 411-14-15 LOT 1

Ownership

  • Current Owner : CAO HANLIANG ALLEN
  • Previous Owner : 426 RUSSELL LLC
  • Owner Before Previous Owner: 426 RUSSELL LLC
  • Ownership Rights Codes: Single/unmarried man

Neighborhood

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

Zoning

  • Zoning: MPR2YY

Geography

  • Parcel: 5259-001-106
  • Latitude: 34.0571
  • Longitude: -118.119

    Address

  • Full Address: 426 Russell Ave
  • Address - House Number: 426
  • Address - Street Name: Russell
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Monterey Park
  • Carrier Code: C047
  • 4-Digit Zip Code: 3421
  • 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: $700,000
  • First Open Lien Mortgage Lender: NEW WAVE LENDING GROUP INC
  • First Open Lien Mortgage Recording Date: Mar 12, 2021
  • First Open Lien Mortgage Loan Amount: $700,000
  • 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: Apr 01, 2051

    Assessments Valuation

  • Assessed Year: 2021
  • Assessed Total Value: $1,515,967
  • Assessed Land Value: $835,567
  • Assessed Improvements Value: $680,400

    Sales

  • Current Sale Contract Date: Mar 24, 2021
  • Current Sale Recording Date: Mar 26, 2021
  • Current Sale Transaction ID: 11827995831
  • Current Sale Price: $980,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0484335
  • Previous Sale Recording Date: Mar 12, 2021
  • Previous Sale Contract Date: Mar 03, 2021
  • Previous Sale Amount: $1,078,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: NEW WAVE LENDING GROUP INC
  • Previous Mortgage Transaction Date: Mar 12, 2021
  • Previous Mortgage Loan Amount: $700,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Apr 01, 2051

About Monterey Park



Similar Buildings

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Nearby Rentals

Unit for rent at 809 E Mabel Avenue, Monterey Park, CA, 91755

$4,500 /mo

  • 3 Beds
  • 2 Baths
  • 1,487 ft²
809 E Mabel Avenue #A, Monterey Park, CA, 91755 Listing by JACOB SUN

Frequently Asked Questions

What neighborhood is 426 Russell Avenue located in?
The 426 Russell Avenue is a located in the neighborhood of Monterey Park in Monterey Park, Monterey Park.
What is the average sales price for listings in 426 Russell Avenue?
The average sales price for units in 426 Russell Avenue is $0 currently.

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