Seller's Agent in 2018
Christina Dreyer
Sotheby's International Realty
(626) 688-3948
15 Total Sales
159 May Ave Unit 2 Monrovia, CA 91016
Estimated Value: $1,315,000 - $1,399,264
6
Beds
3
Baths
2,291
Sq Ft
$595/Sq Ft
Est. Value
Highlights
- Cathedral Ceiling
- No HOA
- Foothills
- Clifton Middle School Rated A-
- Laundry Room
- Central Heating and Cooling System
About This Home
As of December 20182 Charming legal Houses on a Lot with 3 Bedrooms each! Great Location above Foothill yet close to town, restaurants & shops. great for rental income with NO Rent Control or comfortably live in 1. Both Houses have Central Heat & Air, Fireplaces, engineered wood flooring, separate private yards & 2 car garages. Back house built in 1987 has 2 newly tiled baths, a new roof and is 2 story. The one-story Front house built in 1953 has been updated with newer bath & tiled kitchen, wood shutters on new windows, vaulted wood ceilings throughout and has bedroom doors that open to a private yard. Discover Monrovia's Friday night market, music & many free city events. Photos are only of inside of front house. This property shows Pride of Ownership and is in great condition with new landscaping. Don't miss this Opportunity!
Last Agent to Sell the Property
Sotheby's International Realty License #00999071 Listed on: 10/22/2018
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,818
Year Built
- Built in 1987
Lot Details
- 7,502 Sq Ft Lot
- No Common Walls
- East Facing Home
- Sprinklers on Timer
- Back Yard
Parking
- 4 Car Garage
Home Design
- Duplex
Interior Spaces
- 2,291 Sq Ft Home
- 1-Story Property
- Cathedral Ceiling
- Living Room with Fireplace
- Gas Cooktop
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
- Washer
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 99
- Tax Tract Number 4303
- Assessor Parcel Number 8519030007
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
- Foothills
Building Details
- 1 Leased Unit
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $200
- Insurance Expense $650
- Trash Expense $1,200
- Water Sewer Expense $1,200
- New Taxes Expense $12,078
- Operating Expense $15,328
- Gross Income $64,800
- Net Operating Income $23,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 13, 2024
Sold by
Sui Melissa
Bought by
Sui Jinxue
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,040,000
Outstanding Balance
$1,030,251
Interest Rate
6.95%
Mortgage Type
New Conventional
Estimated Equity
$327,451
Purchase Details
Closed on
May 28, 2019
Sold by
Epc Holdings 940 Llc
Bought by
Mitchell Philip F and Walker Paula Kay
Purchase Details
Listed on
Oct 22, 2018
Closed on
Dec 5, 2018
Sold by
Exemption Merry Carol Joan and Exemption Robert Francis Merry
Bought by
Epc Holdings 940 Llc
Seller's Agent
Christina Dreyer
Sotheby's International Realty
Buyer's Agent
Paula Walker
COMPASS
List Price
$1,098,000
Sold Price
$1,000,000
Premium/Discount to List
-$98,000
-8.93%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.67%
Purchase Details
Closed on
Sep 1, 2010
Sold by
Merry Carol Joan
Bought by
Exemption Merry Carol Joan and Exemption Robert Francis Merry
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,161
Interest Rate
4.45%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 30, 2010
Sold by
Exemption Merry Carol Joan and Exemption Robert Francis Merry
Bought by
Merry Carol Joan
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,161
Interest Rate
4.45%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 4, 2006
Sold by
Francis Merry Carol Joan and Francis Robert
Bought by
Exemption Merry Carol Joan and Exemption Robert Francis Merry
Purchase Details
Closed on
Jun 7, 2006
Sold by
Knight Richard W and Woodward Arthur R
Bought by
Francis Merry Carol Joan and Francis Robert
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.55%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Oct 14, 2004
Sold by
Knight Richard W and Woodward Arthur R
Bought by
Knight Richard W and Woodward Arthur R
Purchase Details
Closed on
Nov 21, 2002
Sold by
Cabigas Jose R and Cabigas Lelinda
Bought by
Knight Richard W and Woodward Arthur R
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
5.96%
Purchase Details
Closed on
May 17, 1995
Sold by
Cabigas Jose R and Cabigas Lelinda
Bought by
Cabigas Jose R and Cabigas Lelinda
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Sui Jinxue | -- | Pacific Coast Title | |
| Sui Jinxue | $1,300,000 | Pacific Coast Title | |
| Mitchell Philip F | $1,000,000 | None Available | |
| Epc Holdings 940 Llc | $1,000,000 | Equity Title Company | |
| Exemption Merry Carol Joan | -- | None Available | |
| Merry Carol Joan | -- | Accommodation | |
| Exemption Merry Carol Joan | -- | None Available | |
| Francis Merry Carol Joan | $790,000 | Southland Title Company | |
| Knight Richard W | -- | -- | |
| Knight Richard W | $418,500 | Southland Title | |
| Cabigas Jose R | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Sui Jinxue | $1,040,000 | |
| Previous Owner | Merry Carol Joan | $265,161 | |
| Previous Owner | Francis Merry Carol Joan | $275,000 | |
| Previous Owner | Knight Richard W | $431,000 | |
| Previous Owner | Knight Richard W | $292,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/11/2018 12/11/18 | Sold | $1,000,000 | -8.9% | $436 / Sq Ft |
| 11/07/2018 11/07/18 | Pending | -- | -- | -- |
| 10/22/2018 10/22/18 | For Sale | $1,098,000 | -- | $479 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $14,818 | $1,300,000 | $780,000 | $520,000 |
| 2024 | $14,818 | $1,093,642 | $656,186 | $437,456 |
| 2023 | $14,477 | $1,072,199 | $643,320 | $428,879 |
| 2022 | $14,055 | $1,051,176 | $630,706 | $420,470 |
| 2021 | $13,779 | $1,030,566 | $618,340 | $412,226 |
| 2020 | $13,353 | $1,020,000 | $612,000 | $408,000 |
| 2019 | $13,115 | $1,000,000 | $600,000 | $400,000 |
| 2018 | $12,448 | $948,816 | $720,622 | $228,194 |
| 2016 | $11,971 | $911,975 | $692,641 | $219,334 |
| 2015 | $11,708 | $898,277 | $682,237 | $216,040 |
| 2014 | $11,586 | $880,682 | $668,873 | $211,809 |
Source: Public Records
Agents Affiliated with this Home
-
Christina Dreyer
-
Paula Walker
P
Buyer's Agent in 2018
Paula Walker
COMPASS
(626) 825-5550
1 in this area
8 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PF18255844
APN: 8519-030-007
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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