NOT LISTED FOR SALE

140 N Ivy Ave Monrovia, CA 91016

Estimated Value: $1,038,000 - $1,171,000

4 Beds
2 Baths
1,634 Sq Ft
$679/Sq Ft Est. Value

Last Sold October 05, 2016

Last sale price $678,000 $415 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $6,936/month

4 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Property is near a park
  • Laundry Room
  • Clifton Middle School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

About This Home

As of October 2016

This may be the 'livable investment' you have been looking for; income property in the desirable community of Northern Monrovia. This property features 'small town' charm, at the base of the foothills. Within convenient walking distance of Myrtle Ave., this well-maintained duplex is comfortable and quaint. You will feel right at-home in the spacious living room with adjoining kitchen. Each unit has a friendly front porch, two-bedrooms, one-bath and detached single-car garage. One unit has hardwood floors and both have built-in cabinets which are timeless features, as is the avocado tree shaded, large covered patio area in back. Both units have tenants.

Last Agent to Sell the Property

Anne Giboney

Keller Williams Realty License #01946399 Listed on: 09/12/2016

Keller Williams Realty

Co-Listed By

Anita McMillan

Keller Williams Realty License #01711698

Last Buyer's Agent

Enrique Lizarazu

Podley Properties License #00691382

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,712

Year Built

  • Built in 1958

Lot Details

  • 7,475 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,634 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Additional Features

  • Exterior Lighting
  • Property is near a park

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 13
  • Tax Tract Number 70
  • Assessor Parcel Number 8519030017

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $600
  • Water Sewer Expense $720
  • Gross Income $2,950

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,712

Year Built

Built in 1958

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: 9515452691
  • Other Phone Number: 9515452691
  • Property Attached: Yes
  • Water Sewer Expenses: 720.00
  • Zoning: MORM*
  • Property Type: Residential Income
  • Parcel Number: 8519030017
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Price Per Square Foot: 414.93
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Dryer Included, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Park Nearby
  • Lot Size Sq Ft: 7475.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 2950.00
  • Gross Scheduled Income: 35400.00
  • Insurance Expense: 1200.00
  • 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
  • Number With Patio: 1
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Rent Control: No
  • Total Actual Rent: 2950.00

Tax Info

  • Tax Census Tract: 4303.02
  • Tax Lot: 13
  • Tax Tract Number: 70
  • Tax Year: 1200

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 12, 2016
Closed on
Sep 20, 2016
Sold by
Giboney Lyn O
Bought by
Ahuja Alok and Ahuja Nalini Mangilk
Seller's Agent
Anne Giboney
Keller Williams Realty
Buyer's Agent
Enrique Lizarazu
Podley Properties
List Price
$650,000
Sold Price
$678,000
Premium/Discount to List
$28,000
4.31%
Current Estimated Value
$1,109,149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$431,149
Avg. Annual Appreciation
5.42%

Purchase Details

Closed on
Oct 22, 2012
Sold by
Giboney Alma Ruth
Bought by
Giboney Lyn O

Purchase Details

Closed on
Sep 25, 2012
Sold by
Giboney Lyn O
Bought by
Giboney Lyn O and Giboney Mary K
Source: Public Records

Range of Values:

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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
Ahuja Alok $680,000 None Available
Giboney Lyn O -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/05/2016 10/05/16 Sold $678,000 +4.3% $415 / Sq Ft
09/16/2016 09/16/16 Pending -- -- --
09/12/2016 09/12/16 For Sale $650,000 -- $398 / 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 $10,712 $789,194 $638,320 $150,874
2024 $10,712 $773,720 $625,804 $147,916
2023 $10,469 $758,550 $613,534 $145,016
2022 $10,168 $743,677 $601,504 $142,173
2021 $9,971 $729,096 $589,710 $139,386
2019 $9,499 $707,472 $572,220 $135,252
2018 $9,245 $693,600 $561,000 $132,600
2016 $1,445 $74,297 $25,446 $48,851
2015 $1,418 $73,182 $25,064 $48,118
2014 $1,418 $71,750 $24,574 $47,176
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG16701403

California Regional Multiple Listing Service (CRMLS)

APN: 8519-030-017