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625 North Lincoln Avenue

625 North Lincoln Avenue, Monterey Park, CA 91755
Property in Monterey Park
Sold Sep 09, 2021
$958,000
$670,600 by Nmsi Inc
Mortgage Due Sep 01, 2051
Sold Jul 07, 2005
Transfer
$290,000 by East West Bank
Mortgage Due Jul 15, 2020
Local assessors in Monterey Park, CA have categorized 625 North Lincoln Avenue as a residential type of property. The home was built in 2004 and is 20 years old. The property's lot size has been calculated to be 51,675 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 4 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 4 full bathrooms. There are also 4 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 625 North Lincoln Avenue has a total of 2,106 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

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. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. 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, 625 North Lincoln Avenue was last sold in Aug 27, 2021 for $958,000. According to our calculations, that's $454.89 per sqft. Current property owners are expected to pay $12,112 in taxes per year. The property on 625 North Lincoln Avenue was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $977,160. To break that down further, the land itself was valued at $675,342. While improvements to the property were assessed at a total of $301,818. 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. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. 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

  • Year Built: 2004
  • Effective Year Built: 2004
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 51,675
  • Total Building Area: 2,106
  • Building Area: 2,106
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,106
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ALL LINCOLN GARDEN
  • Land Acres: 1.186
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TR=53862 LOT 1 CONDO UNIT 13 (AIRSPACE AND 1/17 INT IN COMMON AREA)

Ownership

  • Current Owner : DING SENYUN
  • Current Owner 2: CHEN LANLAN
  • Previous Owner : CHUANG ALBERT
  • Previous Owner 2: OUCHUANG ISABEL
  • Owner Before Previous Owner: ALL LINCOLN 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

  • Subdivision Tract Number: 53862
  • Parcel: 5255-011-061
  • Lot: 1
  • Municipality: EAST /MONT. PK/ROSEMD
  • Latitude: 34.0691
  • Longitude: -118.121

    Address

  • Full Address: 625 N Lincoln Ave
  • Address - House Number: 625
  • Street Direction: N
  • Address - Street Name: Lincoln
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Monterey Park
  • Carrier Code: C049
  • 4-Digit Zip Code: 1209
  • Zip Code: 91755

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,112
  • Tax Rate Code Area: 01-840

    Appraisal Valuation

  • Standard Deviation: 0.2193
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 1,038,420
  • High Value: 1,266,146
  • Low Value: 810,694

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $670,600
  • First Open Lien Mortgage Lender: NMSI INC
  • First Open Lien Mortgage Recording Date: Sep 09, 2021
  • First Open Lien Mortgage Loan Amount: $670,600
  • 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, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $977,160
  • Assessed Land Value: $675,342
  • Assessed Improvements Value: $301,818

    Sales

  • Current Sale Contract Date: Aug 27, 2021
  • Current Sale Recording Date: Sep 09, 2021
  • Current Sale Transaction ID: 11854736072
  • Current Sale Price: $958,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1379709
  • Previous Sale Recording Date: Jul 07, 2005
  • Previous Sale Contract Date: Jun 17, 2005
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: NMSI INC
  • First Mortgage Transaction Date: Sep 09, 2021
  • First Mortgage Loan Amount: $670,600
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: EAST WEST BANK
  • Previous Mortgage Transaction Date: Jul 07, 2005
  • Previous Mortgage Loan Amount: $290,000
  • Previous Mortgage Term: 180
  • Previous Mortgage Loan Type: Fannie Mae/Freddie Mac (Phased out because Fannie Mae does not originate loans directly to borrowers or investors. Most "new conventional" loans meet their general underwriting guidelines.)
  • Previous Mortgage Loan Due Date: Jul 15, 2020

About Monterey Park



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Frequently Asked Questions

What neighborhood is 625 North Lincoln Avenue located in?
The 625 North Lincoln Avenue is a located in the neighborhood of Monterey Park in Monterey Park, Monterey Park.
What is the average sales price for listings in 625 North Lincoln Avenue?
The average sales price for units in 625 North Lincoln Avenue is $0 currently.

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