NOT LISTED FOR SALE

136 E Cherry Ave Monrovia, CA 91016

Estimated Value: $904,000 - $1,247,000

6 Beds
2 Baths
2,104 Sq Ft
$511/Sq Ft Est. Value

Last Sold June 30, 2015

Last sale price $635,000 $302 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $6,490/month

63 Days on Market

Highlights

  • Peek-A-Boo Views
  • Open Floorplan
  • Bonus Room
  • Mayflower Elementary School Rated A
  • Traditional Architecture
  • Private Yard

About This Home

As of June 2015

Centrally located in the heart of Monrovia just off Myrtle Avenue, this wonderfully updated duplex can be used as an investment property, or live-in one and have income at the same time! Each unit measures over 1,000 square feet on a lot of over 7,000 square feet. Each unit has three bedrooms, one bath, remodeled kitchen with granite counter tops, formal dining room and an abundance of windows and laminate flooring throughout. Between the two units is an enclosed patio with an office. There is a separate bonus room currently used for storage, including a small separate laundry area. Each unit has their own separate meters. The front and side yard were professionally landscaped, including a Tangerine tree, automatic sprinkler system, one car garage and carport. Beautiful Oak Trees from other neighboring properties border this property. Imagine being minutes away from Old Town Monrovia, Restaurants, Shopping Centers, Libraries, Parks, Metro Link, Bus lines and the 210

Last Agent to Sell the Property

Nancy McSween

COMPASS License #01775649 Listed on: 04/22/2015

COMPASS

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925 | Remodeled

Lot Details

  • 7,035 Sq Ft Lot
  • Landscaped
  • Level Lot
  • Private Yard
  • Lawn
  • Back and Front Yard

Parking

  • 1 Car Garage
  • 1 Detached Carport Space
  • Parking Available
  • Driveway
  • On-Street Parking

Property Views

  • Peek-A-Boo
  • Mountain

Home Design

  • Traditional Architecture
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • Open Floorplan
  • Ceiling Fan
  • Living Room
  • Home Office
  • Bonus Room
  • Laminate Flooring

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Additional Features

  • Shed
  • Two Homes on a Lot
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, trash collection
  • Assessor Parcel Number 8508012065

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1925 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Not Applicable - 1007242
  • View: Yes
  • Zoning: MORL*
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic, Updated/Remodeled
  • Property Type: Residential Income
  • Parcel Number: 8508012065
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s), Open Floorplan
  • Flooring: Laminate
  • Levels: One
  • Room Type: Bonus Room, Living Room, Office

Exterior Features

  • Foundation: Raised
  • Other Structures: Shed(s), Two On A Lot
  • View: Mountain(s), Peek-A-Boo
  • Roof: Shingle
  • Construction Materials: Stucco

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Detached Carport, Driveway, Street
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Outside

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Level, Yard
  • Lot Size Sq Ft: 7035.00
  • Lot Size Acres: 0.1600

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Trash Collection

Multi Family

  • Lot Size Area: 7035.0000 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
  • Number With Patio: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 22, 2015
Closed on
Jun 25, 2015
Sold by
Li Maureen E
Bought by
Kuo James
Seller's Agent
Nancy McSween
COMPASS
List Price
$699,000
Sold Price
$635,000
Premium/Discount to List
-$64,000
-9.16%
Current Estimated Value
$1,075,045

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$440,045
Avg. Annual Appreciation
5.10%
Original Mortgage
$444,500
Outstanding Balance
$345,013
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$730,032

Purchase Details

Listed on
Apr 22, 2015
Closed on
Jun 5, 2015
Sold by
Johns
Bought by
Kuo James
Seller's Agent
Nancy McSween
COMPASS
List Price
$699,000
Sold Price
$635,000
Premium/Discount to List
-$64,000
-9.16%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$444,500
Outstanding Balance
$345,013
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$730,032

Purchase Details

Closed on
Mar 18, 2002
Sold by
Collins David B
Bought by
Collins David B and David B Collins Revocable 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
Kuo James -- Lawyers Title
Kuo James $635,000 Lawyers Title
Collins David B -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kuo James $444,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/30/2015 06/30/15 Sold $635,000 -9.2% $302 / Sq Ft
06/24/2015 06/24/15 Pending -- -- --
04/22/2015 04/22/15 For Sale $699,000 -- $332 / 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 $10,900 $801,759 $480,737 $321,022
2024 $10,900 $786,039 $471,311 $314,728
2023 $10,653 $770,627 $462,070 $308,557
2022 $10,346 $755,517 $453,010 $302,507
2021 $10,142 $740,704 $444,128 $296,576
2019 $9,662 $718,736 $430,956 $287,780
2018 $9,414 $704,644 $422,506 $282,138
2016 $8,639 $644,683 $406,100 $238,583
2015 $1,044 $34,432 $6,916 $27,516
2014 $1,050 $33,758 $6,781 $26,977
Source: Public Records

Agents Affiliated with this Home

  • Nancy McSween

    Seller's Agent in 2015

    Nancy McSween

    COMPASS

    (626) 695-4665

    29 Total Sales

    Nancy McSween
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-315003956

Pasadena-Foothills Association of REALTORS®

APN: 8508-012-065

California Los Angeles County Monrovia 91016

136 E Cherry Ave, Monrovia, CA

Not Listed for Sale

MultiFamily

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