NOT LISTED FOR SALE

1040 Norumbega Dr Monrovia, CA 91016

Estimated Value: $1,011,823 - $1,158,000

2 Beds
1 Bath
1,224 Sq Ft
$898/Sq Ft Est. Value

Last Sold May 23, 2019

Last sale price $699,000 $571 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $6,799/month

27 Days on Market

Highlights

  • 0.39 Acre Lot
  • No HOA
  • Concrete Flooring
  • Clifton Middle School Rated A-
  • Fire Pit
  • Wood Burning Fireplace

About This Home

As of May 2019

Nestled in the Foothills of North Monrovia! First time on the market and built in 1952. This mid century fixer has a lot of potential. 2 bedrooms, 1 bath, with a den that can be converted into a true master bedroom with ensuite bathroom. Vaulted ceilings and exposed beams have been preserved through out the house. The right investor or owner can bring the original character back to life while blending a modern touch. Detached garage can be converted into an ADU with plenty of space to expand on a secluded 17,136sf lot. Sale in as-is condition. Easy access to restaurants, grocery, and shops in Old Town Monrovia.

Last Agent to Sell the Property

Michael De Perio

Kirela Real Estate Co License #01870969 Listed on: 04/23/2019

Co-Listed By

Victoria Ascarrunz

COMPASS License #01989368

Last Buyer's Agent

Michael De Perio

COMPASS License #01870969

COMPASS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,283

Year Built

  • Built in 1952

Lot Details

  • 0.39 Acre Lot
  • Property is zoned MORF*

Parking

  • 2 Car Garage

Interior Spaces

  • 1,224 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Family Room with Fireplace
  • Concrete Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Outdoor Features

  • Fire Pit

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 8523008015

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,283

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • View: No
  • Zoning: MORF*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8523008015
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1224.00
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Concrete
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Fireplace Features: Family Room, Fire Pit, Wood Burning
  • Levels: One
  • Price Per Square Foot: 551.47

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 17121.00
  • Lot Size Acres: 0.3930

Multi Family

  • Lease Considered: No
  • Lot Size Area: 17121.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2019
Closed on
May 6, 2019
Sold by
The Ostler Family Trust
Bought by
Munoz Mario and Munoz Mabel
Seller's Agent
Michael De Perio
Kirela Real Estate Co
Buyer's Agent
Michael De Perio
COMPASS
List Price
$675,000
Sold Price
$699,000
Premium/Discount to List
$24,000
3.56%
Current Estimated Value
$1,098,956

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$399,956
Avg. Annual Appreciation
6.92%
Original Mortgage
$524,250
Interest Rate
4.1%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 12, 1996
Sold by
Ostler Robert Earl and Ostler Irene E
Bought by
Ostler Robert Earl and Ostler Irene E
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Munoz Mario $699,000 First American Title Company
Ostler Robert Earl -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Munoz Mario $150,000
Open Munoz Mario $532,000
Closed Munoz Mario $536,000
Closed Munoz Mario $524,250
Previous Owner Ostler Robert Earl $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2019 05/23/19 Sold $699,000 +3.6% $571 / Sq Ft
05/20/2019 05/20/19 Pending -- -- --
04/23/2019 04/23/19 For Sale $675,000 -- $551 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,283 $779,743 $556,642 $223,101
2024 $10,283 $764,455 $545,728 $218,727
2023 $10,048 $749,467 $535,028 $214,439
2022 $9,756 $734,773 $524,538 $210,235
2021 $9,570 $720,366 $514,253 $206,113
2019 $10,871 $841,500 $612,000 $229,500
2018 $1,176 $75,784 $38,325 $37,459
2016 $1,123 $72,843 $36,838 $36,005
2015 $1,102 $71,750 $36,285 $35,465
2014 $1,108 $70,346 $35,575 $34,771
Source: Public Records

Agents Affiliated with this Home

  • Michael De Perio

    Seller's Agent in 2019

    Michael De Perio

    Kirela Real Estate Co

    (626) 536-3556

    2 in this area

    42 Total Sales

    Michael De Perio
    Section Image

  • V

    Seller Co-Listing Agent in 2019

    Victoria Ascarrunz

    COMPASS

    (626) 731-3641

    33 Total Sales

    Victoria Ascarrunz
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-819001810

Pasadena-Foothills Association of REALTORS®

APN: 8523-008-015

California Los Angeles County Monrovia 91016

1040 Norumbega Dr, Monrovia, CA

This home is located at 1040 Norumbega Dr, Monrovia, CA 91016 since 23 April 2019 and is currently estimated at $1,098,956, approximately $897 per square foot. This property was built in 1952. 1040 Norumbega Dr is a home located in Los Angeles County with nearby schools including Bradoaks Elementary Science Academy, Clifton Middle School, and Monrovia High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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