NOT LISTED FOR SALE

127 S Ivy Ave Monrovia, CA 91016

Estimated Value: $959,000 - $1,220,000

3 Beds
4 Baths
2,238 Sq Ft
$472/Sq Ft Est. Value

Sale Details

Date Sold: January 9, 2024

Last sale price $1,020,000 $456 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $6,934 / mo

11 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Wood Flooring
  • Central Air
  • Clifton Middle School Rated A-
  • Laundry Room
  • Wall Furnace

About This Home

As of January 2024

Two building make up this well maintained four unit property. The front building, has 2 units- a one bedroom with bath, and a two bedroom with one bath.The second building has 2 studio units.All units have separate dining areas, hardwood floor or manufactured wood floors. Washer/ dryer hook-ups in the 1 and 2 bedroom units.

Last Agent to Sell the Property

Margaret Nader

COMPASS License #01386803 Listed on: 11/20/2023

COMPASS

Co-Listed By

Matthew Berkeley

Engel & Völkers Pasadena License #01305277

Last Buyer's Agent

Hank Tsai

Pinnacle Real Estate Group License #01032523

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 6,446 Sq Ft Lot
  • 1 Common Wall
  • No Sprinklers

Home Design

  • Quadruplex
  • Composition Roof

Kitchen

  • Gas Oven

Flooring

  • Wood
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Parking

  • 1 Parking Space
  • Carport
  • Parking Available

Utilities

  • Central Air
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 20
  • Assessor Parcel Number 8516006018

Community Details

Overview

  • 2 Buildings

Building Details

  • 1 Separate Water Meter
  • Insurance Expense $1,419
  • Trash Expense $1,573
  • Water Sewer Expense $2,580
  • Operating Expense $10,681
  • Gross Income $36,000
  • Net Operating Income $25,318

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

6,446 Sq Ft Lot

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 2580.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 8516006018
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl, Wood
  • Appliances: Yes
  • Levels: One
  • Room Type: All Bedrooms Down

Exterior Features

  • Fence: No
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 1.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator, Gas Oven
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 1573.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 6446.00
  • Lot Size Acres: 0.1480

Multi Family

  • Gross Income: 36000.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 1419.00
  • Lot Size Area: 6446.0000 Square Feet
  • Net Operating Income: 25318.00
  • Number Of Separate Water Meters: 1
  • Operating Expense: 10681.00
  • Rent Control: No
  • Total Expenses: 10681.00

Tax Info

  • Tax Lot: 20

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2023
Closed on
Jan 5, 2024
Sold by
Cao Cecilia Lan
Bought by
Cecilia Lan Cao Separate Property Trust and Cao
Seller's Agent
Margaret Nader
COMPASS
Buyer's Agent
Hank Tsai
Pinnacle Real Estate Group
List Price
$1,100,000
Sold Price
$1,020,000
Premium/Discount to List
-$80,000
-7.27%
Views
283
Current Estimated Value
$1,056,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,214
Avg. Annual Appreciation
1.50%
Original Mortgage
$612,000
Outstanding Balance
$601,587
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$454,627

Purchase Details

Listed on
Nov 20, 2023
Closed on
Dec 6, 2023
Sold by
Donna Jean Falls Living Trust
Bought by
Cao Cecilia Lau
Seller's Agent
Margaret Nader
COMPASS
Buyer's Agent
Hank Tsai
Pinnacle Real Estate Group
List Price
$1,100,000
Sold Price
$1,020,000
Premium/Discount to List
-$80,000
-7.27%
Views
283

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$612,000
Outstanding Balance
$601,587
Interest Rate
7.63%
Mortgage Type
New Conventional
Estimated Equity
$454,627

Purchase Details

Closed on
Dec 12, 1994
Sold by
Tolbert Miles P and Tolbert Willie Belle
Bought by
Falls Donna Jean and Donna Jean Falls Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$37,425
Interest Rate
9.25%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
Cecilia Lan Cao Separate Property Trust -- None Listed On Document
Cao Cecilia Lau $1,020,000 None Listed On Document
Falls Donna Jean $85,000 Title Land Company Inc
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open Cao Cecilia Lau $612,000
Previous Owner Falls Donna Jean $37,425
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/09/2024 01/09/24 Sold $1,020,000 -7.3% $456 / Sq Ft
11/19/2023 11/19/23 For Sale $1,100,000 -- $492 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $14,616 $1,040,400 $530,400 $510,000
2024 $15,229 $1,093,440 $522,240 $571,200
2023 $3,868 $209,059 $65,696 $143,363
2022 $3,771 $204,960 $64,408 $140,552
2021 $3,692 $200,943 $63,146 $137,797
2019 $3,552 $195,305 $61,274 $134,031
2018 $3,413 $191,483 $60,073 $131,410
2016 $3,276 $183,742 $57,742 $126,000
2015 $3,211 $180,983 $56,875 $124,108
2014 $3,203 $177,438 $55,761 $121,677
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Margaret Nader

    COMPASS

    (626) 419-7779

    3 in this area

    20 Total Sales

    Margaret Nader
    Section Image
  • Matthew Berkeley

    Seller Co-Listing Agent in 2024

    Matthew Berkeley

    Engel & Völkers Pasadena

    (626) 665-3699

    4 in this area

    19 Total Sales

    Matthew Berkeley
    Section Image
  • Hank Tsai

    Buyer's Agent in 2024

    Hank Tsai

    Pinnacle Real Estate Group

    (626) 321-4788

    1 in this area

    23 Total Sales

    Hank Tsai
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-15815

Pasadena-Foothills Association of REALTORS®

APN: 8516-006-018

California Los Angeles County Monrovia 91016

127 S Ivy Ave, Monrovia, CA

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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