NOT LISTED FOR SALE

1229 S Primrose Ave Monrovia, CA 91016

Estimated Value: $1,336,000 - $1,777,245

5 Beds
4 Baths
3,026 Sq Ft
$489/Sq Ft Est. Value

Last Sold April 10, 2018

Last sale price $902,000 $298 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $8,876/month

7 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Laundry Room
  • Monrovia High School Rated A
  • Converted Garage
  • Central Heating and Cooling System

About This Home

As of April 2018

Fantastic home with great 2 bedroom rental in rear. Back rental with great yard. Front home with 3 bedrooms, 2 bathrooms and a family room. Front home was owners property. Shows like a model home.

Last Agent to Sell the Property

Bruce Pfeiffer

Coldwell Banker Realty License #00708020 Listed on: 02/26/2018

Coldwell Banker Realty

Last Buyer's Agent

Rick Violett

Investment Brokers O.C. License #00490471

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 9,033 Sq Ft Lot
  • No Common Walls

Parking

  • 4 Car Garage
  • Converted Garage
  • Parking Available

Home Design

  • Duplex

Interior Spaces

  • 3,026 Sq Ft Home
  • 1-Story Property
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 8508001046

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Net Operating Income $3,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Zoning: MORH*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 8508001046
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Levels: One
  • Price Per Square Foot: 298.08

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Converted Garage, Concrete
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Walkstreet
  • Lot Size Sq Ft: 9033.00

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Gross Scheduled Income: 3800.00
  • Net Operating Income: 3300.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Operating Expense: 500.00
  • Rent Control: No

Tax Info

  • Tax Census Tract: 4311.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 26, 2018
Closed on
Mar 26, 2018
Sold by
Dunville William and Carl L Dunville Living Trust
Bought by
Su Jack Mong and Su Wendy Hweywen
Seller's Agent
Bruce Pfeiffer
Coldwell Banker Realty
Buyer's Agent
Rick Violett
Investment Brokers O.C.
List Price
$898,000
Sold Price
$902,000
Premium/Discount to List
$4,000
0.45%
Current Estimated Value
$1,478,311

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$576,311
Avg. Annual Appreciation
6.56%

Purchase Details

Closed on
May 12, 2009
Sold by
Dunville Carl L
Bought by
Dunville Carl L and Carl L Dunville Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Su Jack Mong $902,000 Equity Title Company
Dunville Carl L -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/10/2018 04/10/18 Sold $902,000 +0.4% $298 / Sq Ft
03/05/2018 03/05/18 Pending -- -- --
02/26/2018 02/26/18 For Sale $898,000 -- $297 / 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 $13,755 $1,026,318 $410,755 $615,563
2024 $13,755 $1,006,195 $402,701 $603,494
2023 $13,442 $986,466 $394,805 $591,661
2022 $13,052 $967,124 $387,064 $580,060
2021 $13,401 $989,404 $526,563 $462,841
2020 $12,486 $938,440 $375,584 $562,856
2019 $12,267 $920,040 $368,220 $551,820
2018 $4,631 $321,639 $65,188 $256,451
2016 $4,430 $309,151 $62,657 $246,494
2015 $4,337 $304,508 $61,716 $242,792
2014 $4,303 $298,545 $60,508 $238,037
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2018

    Bruce Pfeiffer

    Coldwell Banker Realty

    Section Image
  • Rick Violett

    Buyer's Agent in 2018

    Rick Violett

    Investment Brokers O.C.

    (714) 870-7870

    18 Total Sales

    Rick Violett
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR18044453

California Regional Multiple Listing Service (CRMLS)

APN: 8508-001-046

California Los Angeles County Monrovia 91016

1229 S Primrose Ave, Monrovia, CA

Not Listed for Sale

MultiFamily

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