Street view image for 518 S Garfield Ave, Monterey Park, CA 91754

518 S Garfield Ave Monterey Park, CA 91754

$490,000 Sold Price as of 03/23/2007
  • -- Beds
  • -- Baths
  • 1,226 Sq.Ft.
Off Market
$490,000 Sold Price as of 03/23/2007 Refinance Your Mortgage

Map preview of 518 S Garfield Ave, Monterey Park, CA 91754

Property Overview: 518 S Garfield Ave Monterey Park, CA has -- bedrooms, -- bathrooms, 1,226 living square feet and 5,815 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

518 S Garfield Ave is currently an off market home in the city of Monterey Park. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Monterey Park has a median list price of $838,000. The median price per/sqft for Monterey Park is $499. With those numbers in mind, if you are looking to purchase a median priced home in Monterey Park, CA and put 20% down you will need to save up $167,600 for the down payment and will need roughly $16,760 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Monterey Park the commission could be as much as $44,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 518 S Garfield Ave

Last sold for $490,000 on March 23rd, 2007
  • December, 2020

  • Dec 8, 2020

    Date

    Active

    CRMLS: WS20247726

    $820,000

    Price

  • Listing provided courtesy of CRMLS

    Mixed use building currently used as residential property. Tax info indicated 2 bedroom, 1 bath. However, lower level which is approx. 500 sq ft has 1 bedroom, 1 bath and CAN BE CONVERTED BACK TO GARAGE OR CAN BE RENTED OUT FOR ADDITONAL INCOME. Upper level has 2 bedrooms, 1bath, living room. Good location and close to all conveniences. Upper level is 518 S Garfield Ave and is a MPR3 zoning and lower level is 520 S Garfield Ave is NS (Neighborhood Shopping) zoning. Buyers to satisfy themselves as to property condition and to verify with City as to its legality, usage, permits and square footage.

  • March, 2007

  • Mar 23, 2007

    Date

    Sold (Public Records)

    Public Records

    $490,000

    Price

  • October, 2004

  • Oct 26, 2004

    Date

    Sold (Public Records)

    Public Records

    $320,000

    Price

Show More

Tax History for 518 S Garfield Ave

Assessed Value (2020): $600,273
Year Land Value Improved Value Assessed Value
2020 $503,498 $96,775 $600,273

About 518 S Garfield Ave

Detailed summary of property

518 S Garfield Ave is categorized with a use code of Retail Stores ( Personal Services, Photography, Travel) in Monterey Park, CA 91754 and last sold on March 23, 2007 for $490,000. This property has -- bedrooms, -- bathrooms, roughly 1,226 living square feet, and sits on an approximately 5,815 square foot lot. Homes in Monterey Park are selling for a median price of $880,000 and a median price per square foot of $494. Based on Ardent Real Estate Group's Monterey Park Market Data, this home is sold 44.32% lower than the current median priced home. 518 S Garfield Ave was last sold on March 23, 2007 for $490,000. Local nearby listings include 828 Kingsford St, 111 N Moore Ave #B and 233 S Chandler Ave #D. The average home in Monterey Park, CA is selling in 36 days. There are currently 83 homes for sale in the Monterey Park real estate market and 54 of them are single family homes while 22 of them are condos and 7 are townhomes. If you are the homeowner and looking to sell the home at 518 S Garfield Ave Monterey Park, CA 91754 contact Ardent Real Estate Group and we will put you in touch with one of our Monterey Park agents.

Public Facts for 518 S Garfield Ave

Public county record property details
Beds
--
Baths
--
Year built
1940
Sq. Ft.
1,226
Lot Size
5,815
Stories
1
Type
Retail Stores ( Personal Services, Photography, Travel)
Pool
No
Spa
No
County
Los Angeles
Lot#
13
APN
5257-017-009

The source for these homes facts are from public records.

91754 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$865,000
Median List Price/Sq.Ft.
$529
Median Sold Price
$860,000
Median Sold Price/Sq.Ft.
$551
Total Inventory
40
Median Sale to List Price %
110.97%
Avg Days on Market
12
Loan Type
Conventional (57.69%), FHA (0%), VA (3.85%), Cash (19.23%), Other (11.54%)

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