NOT LISTED FOR SALE

1222 Sherman Ave Monrovia, CA 91016

Estimated Value: $831,401 - $975,000

2 Beds
1 Bath
1,397 Sq Ft
$646/Sq Ft Est. Value

Last Sold May 29, 2019

Last sale price $558,000 $399 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $5,518/month

27 Days on Market

Highlights

  • Property is near public transit
  • Mayflower Elementary School Rated A
  • Laundry Room

About This Home

As of May 2019

*********** Duplex in fair shape, in need of updates. Easy access to the 210 & 605 fwys, close to shopping centers, schools, etc., very convenient location. **********************************

Last Agent to Sell the Property

Juan Leyva

JV REALTY CONSULTING GROUP License #01122260 Listed on: 02/25/2019

Last Buyer's Agent

Juan Leyva

JV REALTY CONSULTING GROUP License #01122260 Listed on: 02/25/2019

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,555

Year Built

  • Built in 1953

Lot Details

  • 6,436 Sq Ft Lot
  • 1 Common Wall

Parking

  • 1 Car Garage
  • 1 Carport Space

Home Design

  • 1,397 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Location

  • Property is near public transit
  • Suburban Location

Additional Features

  • Laundry Room
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 16,A
  • Assessor Parcel Number 8515008015

Community Details

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • New Taxes Expense $5,651

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,555

Year Built

Built in 1953

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Zoning: MORM*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 8515008015
  • Year Built: 1953
  • Special Features: None

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 399.43

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 6436.00
  • Lot Size Acres: 0.1478

Multi Family

  • Lot Size Area: 6436.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5651.20
  • Tax Census Tract: 4311.00
  • Tax Lot: 16,A

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2019
Sold by
Salazar Efrem and Salazar Efren
Bought by
Salazar Jessie
Current Estimated Value
$901,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 26, 2019
Sold by
Salazar Jessie
Bought by
Lee Raymond W and Cheng Josephine K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$418,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2003
Sold by
Salazar Jesus Rios
Bought by
Salazar Efren and Salazar Jessie
Source: Public Records

Range of Values:

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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
Lee Raymond W $558,000 Old Republic Title Company
Salazar Jessie -- Old Republic Title Company
Salazar Efren -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Raymond W $418,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/29/2019 05/29/19 Sold $558,000 -7.0% $399 / Sq Ft
03/24/2019 03/24/19 Pending -- -- --
03/15/2019 03/15/19 Price Changed $599,900 0.0% $429 / Sq Ft
03/15/2019 03/15/19 For Sale $599,900 +7.5% $429 / Sq Ft
02/26/2019 02/26/19 Off Market $558,000 -- --
02/25/2019 02/25/19 For Sale $550,000 -- $394 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,555 $622,456 $368,119 $254,337
2024 $8,555 $610,251 $360,901 $249,350
2023 $8,362 $598,286 $353,825 $244,461
2022 $8,122 $586,556 $346,888 $239,668
2021 $7,964 $575,056 $340,087 $234,969
2019 $5,804 $413,475 $336,860 $76,615
2018 $5,651 $405,368 $330,255 $75,113
2017 $1,309 $55,691 $10,525 $45,166
2016 $1,272 $54,600 $10,319 $44,281
2015 $1,250 $53,780 $10,164 $43,616
2014 $1,253 $52,727 $9,965 $42,762
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Juan Leyva

    JV REALTY CONSULTING GROUP

    (626) 252-4837

    71 Total Sales

    Juan Leyva
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR19043005

California Regional Multiple Listing Service (CRMLS)

APN: 8515-008-015

California Los Angeles County Monrovia 91016

1222 Sherman Ave, Monrovia, CA

This home is located at 1222 Sherman Ave, Monrovia, CA 91016 since 25 February 2019 and is currently estimated at $901,850, approximately $645 per square foot. This property was built in 1953. 1222 Sherman Ave is a home located in Los Angeles County with nearby schools including Mayflower Elementary School, Santa Fe Computer Science Magnet, 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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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