NOT LISTED FOR SALE

152 Stedman Place Monrovia, CA 91016

Estimated Value: $997,000 - $1,298,000

1 Bed
1 Bath
1,444 Sq Ft
$793/Sq Ft Est. Value

Last Sold June 01, 2017

Last sale price $766,000 $530 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $7,067/month

6 Days on Market

Highlights

  • Main Floor Bedroom
  • Double Pane Windows
  • Living Room
  • Mayflower Elementary School Rated A
  • Cooling System Mounted To A Wall/Window
  • Laundry Room

About This Home

As of June 2017

Excellent income property in a desirable area of Monrovia. Located just North of Foothill Blvd.The subject property is situated in a primarily single family residential neighborhood.Close to shops, restaurants, public transportation and freeways. Several recent upgrades have been made including new windows, kitchen cabinets and granite counter top, new paint,copper plumbing, new sprinklers and new grass..The property is well maintained by the current owner.Each unit has one bedroom , one bath and one car garage.It has a large driveway with plenty of parking space. Must see to appreciate!!

Last Agent to Sell the Property

Hiba Matta

Re/Max Premier Prop SanMarino License #01835638 Listed on: 04/01/2017

Last Buyer's Agent

Melanie Poon

M-JP Properties License #01801170

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1930

Lot Details

  • 9,287 Sq Ft Lot
  • 1 Common Wall

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Property Attached
  • Partial Copper Plumbing

Interior Spaces

  • 1,444 Sq Ft Home
  • Double Pane Windows
  • Living Room

Bedrooms and Bathrooms

  • 1 Bedroom
  • Main Floor Bedroom
  • 1 Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 6
  • Assessor Parcel Number 8519023001

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $720
  • Insurance Expense $648
  • Trash Expense $480
  • Water Sewer Expense $792
  • New Taxes Expense $7,625
  • Operating Expense $10,265
  • Gross Income $42,000
  • Net Operating Income $31,735

Property Details

Home Type

Multi-Family

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 792.00
  • Zoning: MORL*
  • Property Type: Residential Income
  • Gardener Expense: 720.00
  • Parcel Number: 8519023001
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Copper Plumbing Partial
  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 530.47
  • Room Type: Kitchen, Living Room, Main Floor Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 480.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 9287.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 42000.00
  • Gross Scheduled Income: 42000.00
  • Insurance Expense: 648.00
  • Net Operating Income: 31735.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 10265.00
  • Rent Control: No
  • Total Expenses: 10265.00

Tax Info

  • New Taxes Expense: 7625.00
  • Tax Census Tract: 4303.02
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 1, 2017
Closed on
May 16, 2017
Sold by
Sakaoghli Harout
Bought by
The Lemara Group Llc
Seller's Agent
Hiba Matta
Re/Max Premier Prop SanMarino
Buyer's Agent
Melanie Poon
M-JP Properties
List Price
$759,000
Sold Price
$766,000
Premium/Discount to List
$7,000
0.92%
Current Estimated Value
$1,144,551

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$378,551
Avg. Annual Appreciation
4.75%

Purchase Details

Closed on
Nov 3, 2016
Sold by
Brown Timothy M
Bought by
Sakaoghli Harout and The Harout Sakaoghli Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,750
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 22, 2015
Sold by
Brown Timothy M
Bought by
Brown Timothy M and Timothy M Brown Trust

Purchase Details

Closed on
Apr 28, 2014
Sold by
Brown Timothy A
Bought by
Brown Timothy M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$270,000
Interest Rate
4.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 21, 2012
Sold by
Brown Timothy M and Singer Rona
Bought by
Brown Timothy M

Purchase Details

Closed on
May 5, 2011
Sold by
Brown Timothy M and Brown Linda K
Bought by
Brown Timothy M and Brown Linda K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
4.84%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 17, 2009
Sold by
Brown Phylis A
Bought by
Brown Phylis A and Phylis A Brown Revocable Trust

Purchase Details

Closed on
Apr 27, 1995
Sold by
Brown Timothy M
Bought by
Brown Timothy M
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
The Lemara Group Llc $766,000 None Available
Sakaoghli Harout $625,000 North American Title Company
Brown Timothy M -- None Available
Brown Timothy M -- First American Title Company
Brown Timothy M -- First American Title Company
Brown Timothy M -- None Available
Brown Timothy M -- Lawyers Title Company
Brown Timothy M -- Lawyers Title
Brown Phylis A -- None Available
Brown Timothy M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Sakaoghli Harout $468,750
Previous Owner Brown Timothy M $270,000
Previous Owner Brown Timothy M $210,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/01/2017 06/01/17 Sold $766,000 +0.9% $530 / Sq Ft
04/07/2017 04/07/17 Pending -- -- --
04/01/2017 04/01/17 For Sale $759,000 +21.4% $526 / Sq Ft
01/12/2017 01/12/17 Sold $625,000 -10.5% $433 / Sq Ft View Prior Sale
10/31/2016 10/31/16 Pending -- -- --
10/20/2016 10/20/16 For Sale $698,000 -- $483 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $11,909 $889,002 $533,866 $355,136
2024 $11,909 $871,572 $523,399 $348,173
2023 $11,636 $854,484 $513,137 $341,347
2022 $11,298 $837,730 $503,076 $334,654
2021 $11,080 $821,305 $493,212 $328,093
2019 $10,550 $796,946 $478,584 $318,362
2018 $10,330 $781,320 $469,200 $312,120
2016 $4,206 $289,479 $243,781 $45,698
2015 $4,118 $285,132 $240,120 $45,012
2014 $4,088 $279,548 $235,417 $44,131
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2017

    Hiba Matta

    RE/MAX

    Section Image

  • L

    Seller's Agent in 2017

    Leslie Gores

    Leslie Gores, Broker

    Section Image

  • M

    Buyer's Agent in 2017

    Melanie Poon

    M-JP Properties

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR17068501

California Regional Multiple Listing Service (CRMLS)

APN: 8519-023-001

California Los Angeles County Monrovia 91016

152 Stedman Place, Monrovia, CA

Not Listed for Sale

MultiFamily

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