NOT LISTED FOR SALE

137 N Encinitas Ave Monrovia, CA 91016

Estimated Value: $1,120,000 - $1,308,000

5 Beds
3 Baths
2,075 Sq Ft
$594/Sq Ft Est. Value

Last Sold July 03, 2014

Last sale price $725,000 $349 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $7,431/month

151 Days on Market

Highlights

  • Property is near park
  • Lawn
  • Laundry Room
  • Mayflower Elementary School Rated A
  • 4 Car Direct Access Garage
  • Central Heating and Cooling System

About This Home

As of July 2014

New price on two separate units in desirable North Monrovia situated above Foothill. Front unit was built in the 80's and has stucco exterior with river rock and wood accents and features 3 bedrooms and 1-3/4 baths with a 2-car attached garage. Kitchen with eating area. Master suite. Fireplace in living room. Laundry in garage with direct access. Front yard. Rear unit is the original structure built in 1947 and consists of 2 bedrooms and one bath. Small eating area in kitchen. Small rear yard. Separate 2-car garage with laundry hookups. Long-term tenants with very low rents that could be much higher. Great opportunity for extended family or live in one and rent the other. Drive-by only subject to interior inspection.

Last Agent to Sell the Property

Donna Baker

JohnHart Corp. License #01308772 Listed on: 02/10/2014

Last Buyer's Agent

Rocco Liberio

Liberty Realty License #00876524

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 7,483 Sq Ft Lot
  • No Common Walls
  • Level Lot
  • Lawn
  • Front Yard

Parking

  • 4 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Shared Driveway

Interior Spaces

  • 2,075 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Location

  • Property is near park

Utilities

  • Central Heating and Cooling System
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 069
  • Tax Tract Number 5415
  • Assessor Parcel Number 8519026021

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Trash Expense $250
  • Water Sewer Expense $600
  • New Taxes Expense $9,987
  • Gross Income $1,928
  • Net Operating Income $46,350

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 600.00
  • Property Type: Residential Income
  • Parcel Number: 8519026021
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 349.40

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Concrete, Garage Faces Front, Direct Garage Access, Garage, Garage - Single Door, Shared Driveway
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Sewer Paid
  • Trash Expense: 250.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Gutters, Sidewalks, Street Lights

Lot Info

  • Lot Features: Front Yard, Level, Lawn, Lot 6500-9999, Park Nearby
  • Lot Size Sq Ft: 7483.00
  • Lot Size Acres: 0.1720

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 760
  • Average3 Bed Area: 1315
  • Gross Income: 1928.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 800.00
  • Lot Size Area: 7483.0000 Square Feet
  • Net Operating Income: 46350.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 1650.00
  • Rent Control: No
  • Total Actual Rent: 2300.00

Tax Info

  • New Taxes Expense: 9987.00
  • Tax Lot: 069
  • Tax Tract Number: 05415
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 1, 2019
Sold by
Liberio Rocco J and Liberio Kathleen M
Bought by
Liberio Christopher G and Liberio Joseph P
Current Estimated Value
$1,232,972

Purchase Details

Closed on
Apr 3, 2014
Sold by
Morefield Steven C and Morefield Shelly
Bought by
Liberio Rocco J and Liberio Kathleen M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,850
Interest Rate
4.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2012
Sold by
Morefield Steven C and Morefield Shelly
Bought by
Morefield Steven C and Morefield Shelly

Purchase Details

Closed on
May 10, 2011
Sold by
Morefield Steven C and Kapfhammer Shelly Ann
Bought by
Morefield Steven C and Morefield Shelly

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 18, 2010
Sold by
Stelling Clyde R and Stelling Marlene F
Bought by
Morefield Steven C and Morefield Shelly
Source: Public Records

Range of Values:

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

Date Buyer Sale Price Title Company
Liberio Christopher G -- None Available
Liberio Rocco J $725,000 Chicago Title Company
Morefield Steven C -- None Available
Morefield Steven C -- None Available
Morefield Steven C -- Accommodation
Moorefield Steven C -- Lsi Title Company
Morefield Steven C -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Liberio Rocco J $533,850
Previous Owner Moorefield Steven C $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/03/2014 07/03/14 Sold $725,000 -9.3% $349 / Sq Ft
04/25/2014 04/25/14 Pending -- -- --
11/25/2013 11/25/13 For Sale $799,000 -- $385 / 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 $11,797 $871,332 $600,920 $270,412
2024 $11,797 $854,248 $589,138 $265,110
2023 $11,529 $837,499 $577,587 $259,912
2022 $11,197 $821,078 $566,262 $254,816
2021 $10,978 $804,979 $555,159 $249,820
2020 $10,644 $796,726 $549,467 $247,259
2019 $10,458 $781,105 $538,694 $242,411
2018 $10,166 $765,790 $528,132 $237,658
2016 $9,775 $736,056 $507,625 $228,431
2015 $9,562 $725,000 $500,000 $225,000
2014 $6,520 $473,757 $248,705 $225,052
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR13237871

California Regional Multiple Listing Service (CRMLS)

APN: 8519-026-021