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427 North Alhambra Avenue

427 North Alhambra Avenue, Monterey Park, CA 91755
Property in Monterey Park
Sold Apr 20, 2017
$740,000
$444,000 by East West Bank
Mortgage Due May 01, 2047
Sold Jul 12, 2007
$690,000
$700,000 by Thomas E Elardi
Mortgage
427 North Alhambra Avenue in Monterey Park, CA was first built in 2004 and is 20 years old. 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. There are a total of 0 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. 427 North Alhambra Avenue has 2,285 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. In total, the area measurement of the land is 16,575 square feet.

Learn more about the property and building on this page. 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 A. 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. 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, 427 North Alhambra Avenue sold most recently in Apr 7, 2017 for a total of $740,000. If you work out the math, that's approximately a cost of $323.85 per sqft. Before that, the property was also sold for $690,000 in Jul 9, 2007. 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 $10,361 in taxes each year. 427 North Alhambra Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $825,479. If we break it down further, the land itself was valued at $660,384. Improvements to the property, however, were assessed at a total of $165,095. The property's total assessed value has been marked as more than the total market value 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.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: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 5
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 16,575
  • Total Building Area: 2,285
  • Building Area: 2,285
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,285
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RAMONA ACRES
  • Land Acres: 0.381
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: P M 316-59-60 LOT 1 CONDO UNIT 4 (AIRSPACE AND 1/4 INT IN COMMON AREA)

Ownership

  • Current Owner : GUO HUIHUI
  • Current Owner 2: LIN ZI YING
  • Previous Owner : LU JULIA
  • Owner Before Previous Owner: ZHENG YONG LE
  • Owner Before Previous Owner 2: CHAN SYLVIA
  • Is Owner Occupied: Owner-occupied property

Neighborhood

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

Zoning

  • Zoning: MPR3YY

Geography

  • Parcel: 5255-020-120
  • Lot: 1
  • Municipality: EAST /MONT. PK/ROSEMD
  • Latitude: 34.067
  • Longitude: -118.117

    Address

  • Full Address: 427 N Alhambra Ave
  • Address - House Number: 427
  • Street Direction: N
  • Address - Street Name: Alhambra
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Monterey Park
  • Carrier Code: C035
  • 4-Digit Zip Code: 1918
  • Zip Code: 91755

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,361
  • Tax Rate Code Area: 01-840

    Appraisal Valuation

  • Standard Deviation: 0.2244
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 69
  • Final Value: 1,009,486
  • High Value: 1,236,056
  • Low Value: 782,917

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $844,000
  • First Open Lien Mortgage Lender: EAST WEST BANK
  • First Open Lien Mortgage Recording Date: Apr 20, 2017
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $444,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Open Lien Mortgage Loan Due Date: May 01, 2047
  • Second Open Lien Mortgage Lender: EAST WEST BANK
  • Second Open Lien Mortgage Recording Date: Aug 03, 2021
  • Second Open Lien Mortgage Financing Type: Variable
  • Second Open Lien Mortgage Loan Amount: $400,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • Second Open Lien Mortgage Loan Due Date: Jul 26, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $825,479
  • Assessed Land Value: $660,384
  • Assessed Improvements Value: $165,095

    Sales

  • Current Sale Contract Date: Apr 07, 2017
  • Current Sale Recording Date: Apr 20, 2017
  • Current Sale Transaction ID: 1807578491
  • Current Sale Price: $740,000
  • Current Sale Document Type: Intrafamily Transfer & Dissolution
  • Current Sale Input Document Number: 17-0438298
  • Previous Sale Recording Date: Jul 12, 2007
  • Previous Sale Contract Date: Jul 09, 2007
  • Previous Sale Amount: $690,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: EAST WEST BANK
  • First Mortgage Transaction Date: Apr 20, 2017
  • First Mortgage Loan Amount: $444,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • First Mortgage Loan Due Date: May 01, 2047

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: THOMAS E ELARDI
  • Previous Mortgage Transaction Date: Jul 12, 2007
  • Previous Mortgage Loan Amount: $700,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage

About Monterey Park



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Frequently Asked Questions

What neighborhood is 427 North Alhambra Avenue located in?
The 427 North Alhambra Avenue is a located in the neighborhood of Monterey Park in Monterey Park, Monterey Park.
What is the average sales price for listings in 427 North Alhambra Avenue?
The average sales price for units in 427 North Alhambra Avenue is $0 currently.

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