NOT LISTED FOR SALE

140 E Olive Ave Unit A Monrovia, CA 91016

Estimated Value: $791,000 - $935,851

3 Beds
2.5 Baths
1,910 Sq Ft
$468/Sq Ft Est. Value

Last Sold January 13, 2017

Last sale price $685,000 $359 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,831/month

2 Days on Market

Highlights

  • No Units Above
  • 33,614 Sq Ft lot
  • Property is near public transit
  • Mayflower Elementary School Rated A
  • Mountain View
  • Wood Flooring

About This Home

As of January 2017

This stunning 3 bedroom townhouse is an end unit that faces the street in the very desirable area of Old Town Monrovia. The property is ideally located within walking distance to restaurants, shops, and a weekly street fair on Myrtle Avenue. This townhouse is one of a kind, with hardwood floors, stainless steel appliances, walk-in pantry, a spacious kitchen and family room area, direct garage access, walk-in closet in the master suite and a custom climate controlled wine cellar with flooring made from used wine barrels for the wine enthusiast. You will not find a property in the area that is as unique as this one. Enjoy the evenings on the balcony with your friends and family toasting to the good life!

Last Agent to Sell the Property

SHERRI LOPEZ

COLDWELL BANKER REALTY License #01793263 Listed on: 12/11/2016

COLDWELL BANKER REALTY

Last Buyer's Agent

Pam Delrey

Art Del Rey Realty, Inc. License #00864033

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $10,526

Year Built

  • Built in 2014

Lot Details

  • 0.77 Acre Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall

HOA Fees

  • $208 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Property Views

  • Mountain
  • Neighborhood

Home Design

  • Turnkey

Interior Spaces

  • 1,910 Sq Ft Home
  • 3-Story Property
  • Plantation Shutters
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Additional Features

  • Balcony
  • Property is near public transit
  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 71996
  • Assessor Parcel Number 8516032048

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$10,526

Year Built

Built in 2014

Lot Details

0

HOA Fees

$208 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: MOM*
  • Property Condition: Turnkey
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 8516032048
  • Year Built: 2014
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1910.00 Square Feet
  • Interior Amenities: Balcony
  • Stories: 3
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Flooring: Carpet, Wood
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 358.64
  • Room Type: All Bedrooms Down
  • Window Features: Plantation Shutters

Exterior Features

  • View: Mountain(s), Neighborhood
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 208.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Monrovia Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Near Public Transit
  • Lot Size Sq Ft: 33614.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 4311.00
  • Tax Lot: 1
  • Tax Tract Number: 71996

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 11, 2016
Closed on
Dec 19, 2016
Sold by
Chalmers Michael S and Bonilla Brenda
Bought by
Sorensen David L and Sorenson Julia A
Seller's Agent
SHERRI LOPEZ
COLDWELL BANKER REALTY
Buyer's Agent
Pam Delrey
Art Del Rey Realty, Inc.
List Price
$685,000
Sold Price
$685,000
Total Days on Market
2
Current Estimated Value
$894,213

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$209,213
Avg. Annual Appreciation
3.22%

Purchase Details

Closed on
Apr 25, 2014
Sold by
Wh Monrovia 18 Llc
Bought by
Chalmes Michael S and Bonilla Brenda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$516,000
Interest Rate
4.31%
Mortgage Type
New Conventional
Source: Public Records

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Range of Values:

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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
Sorensen David L $685,000 None Available
Chalmes Michael S $645,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chalmes Michael S $516,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/13/2017 01/13/17 Sold $685,000 0.0% $359 / Sq Ft
12/13/2016 12/13/16 Pending -- -- --
12/11/2016 12/11/16 For Sale $685,000 -- $359 / 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
2024 $10,526 $779,407 $515,435 $263,972
2023 $10,283 $764,126 $505,329 $258,797
2022 $9,982 $749,144 $495,421 $253,723
2021 $9,784 $734,456 $485,707 $248,749
2019 $9,311 $712,673 $471,301 $241,372
2018 $9,119 $698,700 $462,060 $236,640
2016 $8,704 $667,918 $414,213 $253,705
2015 $8,513 $657,887 $407,992 $249,895
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16761396

California Regional Multiple Listing Service (CRMLS)

APN: 8516-032-048