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500 North Moore Avenue

500 North Moore Avenue, Monterey Park, CA 91754
Property in Monterey Park
Sold Oct 30, 2013
$750,000
$810,000 by East West Bank
Mortgage Due May 05, 2051
500 North Moore Avenue in Monterey Park, CA was first built in 1962 and is 62 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 triplex style. There are a total of 0 rooms in the home, of which, 7 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 500 North Moore Avenue has 3,063 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 8,744 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 B. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a heating system. The property was last sold in Oct 28, 2013 for $750,000. That's $244.86 per sqft. 500 North Moore Avenue was last assessed in 2023. The total value of the property was assessed at $883,689. Specifically, the land the property is located on was valued at $530,214. While improvements on the property were assessed at a total of $353,475. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $11,497. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1962
  • Effective Year Built: 1962
  • Building Count: 2
  • Bedroom Count: 7
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Triplex
  • Living Units: 3
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 8,744
  • Total Building Area: 3,063
  • Gross Building Area: 3,063
  • Building Area: 3,063
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Yes
  • Heated Square Feet: 3,063
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: RAMONA ACRES PLAT #2
  • Land Acres: 0.201
  • Standard Land Use Code: Triplex (3 units, any combination)
  • Legal Description 1: RAMONA ACRES PLAT NO 2 S 55.12 FT OF W 157.63 FT OF LOT/SEC 213

Ownership

  • Current Owner : LAU CHUEN
  • Previous Owner : WONG SUSAN
  • Previous Owner 2: THE SUSAN WONG TRUST

Neighborhood

  • School District Name: Alhambra Unified School District
  • Census Tract: 481713

Zoning

  • Zoning: MPR2YY

Geography

  • Assessors Map Reference: 46-C1
  • Parcel: 5256-012-057
  • Lot: 213
  • Municipality: EAST /MONT.PK./ROSMD.
  • Latitude: 34.0675
  • Longitude: -118.129

    Address

  • Full Address: 500 N Ynez Ave
  • Address - House Number: 500
  • Street Direction: N
  • Address - Street Name: Ynez
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Monterey Park
  • Carrier Code: C004
  • 4-Digit Zip Code: 1024
  • Zip Code: 91754

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $11,497
  • Tax Rate Code Area: 01-840

    Appraisal Valuation

  • Standard Deviation: 0.2233
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,511,338
  • High Value: 1,848,968
  • Low Value: 1,173,708

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $810,000
  • First Open Lien Mortgage Lender: EAST WEST BANK
  • First Open Lien Mortgage Recording Date: May 13, 2021
  • First Open Lien Mortgage Financing Type: Variable
  • First Open Lien Mortgage Loan Amount: $810,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Credit Line (Revolving)
  • First Open Lien Mortgage Loan Due Date: May 05, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $883,689
  • Assessed Land Value: $530,214
  • Assessed Improvements Value: $353,475

    Sales

  • Current Sale Contract Date: Oct 28, 2013
  • Current Sale Recording Date: Oct 30, 2013
  • Current Sale Transaction ID: 1040244492
  • Current Sale Price: $750,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 13-1546929

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Frequently Asked Questions

What neighborhood is 500 North Moore Avenue located in?
The 500 North Moore Avenue is a located in the neighborhood of Monterey Park in Monterey Park, Monterey Park.
What is the average sales price for listings in 500 North Moore Avenue?
The average sales price for units in 500 North Moore Avenue is $0 currently.

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