NOT LISTED FOR SALE

1618 Venice Ave Monrovia, CA 91016

Estimated Value: $1,053,000 - $1,136,000

3 Beds
2 Baths
1,518 Sq Ft
$733/Sq Ft Est. Value

Last Sold November 06, 2023

Last sale price $998,000 $657 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $7,011/month

9 Days on Market

Highlights

  • No HOA
  • Rear Porch
  • Double Pane Windows
  • Monrovia High School Rated A
  • 2 Car Attached Garage
  • Patio

About This Home

As of November 2023

Introducing an exceptional residence in the heart of Monrovia! This captivating 3 Bed, 2 Bath home seamlessly combines comfort with modern elegance. As you step inside, you'll be greeted by an inviting open floor plan that perfectly compliments the living, dining, and kitchen areas. Sunlight bathes the rooms, accentuating the warmth of the hardwood floors. Upgraded with a newer roof (2021), double pane windows, recessed lighting and new paint. The heart of this home is the remodeled kitchen, a chef's dream featuring sleek quartz countertops, stainless steel appliances, and ample storage space. Whether you're preparing a gourmet meal or enjoying a casual breakfast, this kitchen is sure to inspire culinary delights. The spacious master bedroom is your private retreat, two additional bedrooms offer versatility for guests, a home office, or a growing family. The outdoors are an extension of your living space, with an expansive yard ready for your imagination to run wild. From creating your own dream garden to family barbecues, this space is perfect for creating lasting memories. Situated on a stunning cul-de-sac street, this prime Monrovia location is close to Huntington Drive shops & restaurants, along with all the amenities this charming community has to offer. Don't miss the opportunity to make this Monrovia gem your own.

Last Agent to Sell the Property

Alain Babaian

Americana Real Estate Services License #01890396 Listed on: 10/03/2023

Last Buyer's Agent

Celine Lai

Grandmark Realty Inc. License #01978381

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,297

Year Built

  • Built in 1959

Lot Details

  • 6,088 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned MORL*

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Driveway

Home Design

  • Entry on the 1st floor
  • Shingle Roof

Interior Spaces

  • 1,518 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • Family Room
  • Living Room
  • Dining Room with Fireplace
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Patio
  • Rear Porch

Additional Features

  • Urban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 24642
  • Assessor Parcel Number 8507016030
  • $3,095 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,297

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: MORL*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8507016030
  • Year Built: 1959
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1518.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 1
  • Fireplace Features: Dining Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 657.44
  • Room Type: Family Room, Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Rear Porch
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Schools

  • School District: Monrovia Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6088.00
  • Lot Size Acres: 0.1398
  • Latitude Manual: 34.13396100

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6088.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4309.02
  • Tax Lot: 16
  • Tax Tract Number: 24642
  • TaxOtherAnnualAssessmentAmount: 3095.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 3, 2023
Closed on
Oct 23, 2023
Sold by
Unknown
Bought by
Wang Kevin and Hung Michelle
Seller's Agent
Alain Babaian
Americana Real Estate Services
Buyer's Agent
Celine Lai
Grandmark Realty Inc.
List Price
$949,000
Sold Price
$998,000
Premium/Discount to List
$49,000
5.16%
Views
98
Current Estimated Value
$1,113,267

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$115,267
Avg. Annual Appreciation
5.92%
Original Mortgage
$798,400
Outstanding Balance
$782,906
Interest Rate
7.19%
Mortgage Type
New Conventional
Estimated Equity
$330,361

Purchase Details

Listed on
May 26, 2021
Closed on
Jun 17, 2021
Sold by
Cordero Living Trust and The Cordero Living Trust
Bought by
Babaian Edward
Seller's Agent
Wanda San Juan
Hythe Realty Inc
Buyer's Agent
Alain Babaian
Americana Real Estate Services
List Price
$845,000
Sold Price
$895,000
Premium/Discount to List
$50,000
5.92%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.81%
Original Mortgage
$798,211
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2016
Sold by
Cordero Eduardo P
Bought by
Cordero Eduardo Pedro and Cordero Araceli Olga Jimenez

Purchase Details

Closed on
Oct 17, 1996
Sold by
Jimenez Jose R
Bought by
Cordero Eduardo P and Cordero Araceli O

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
9.5%
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
Wang Kevin $998,000 California Best Title
Babaian Edward $895,000 Fidelity National Title
Cordero Eduardo Pedro -- None Available
Cordero Eduardo P -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wang Kevin $798,400
Previous Owner Babaian Edward $798,211
Previous Owner Cordero Eduardo P $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2023 11/06/23 Sold $998,000 +5.2% $657 / Sq Ft
10/14/2023 10/14/23 For Sale $949,000 -4.9% $625 / Sq Ft
10/12/2023 10/12/23 Pending -- -- --
10/11/2023 10/11/23 Off Market $998,000 -- --
10/03/2023 10/03/23 For Sale $949,000 +6.0% $625 / Sq Ft
07/14/2021 07/14/21 Sold $895,000 +5.9% $590 / Sq Ft
06/09/2021 06/09/21 Pending -- -- --
05/26/2021 05/26/21 For Sale $845,000 -- $557 / 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 $13,297 $1,017,960 $835,788 $182,172
2024 $13,297 $998,000 $819,400 $178,600
2023 $14,757 $912,900 $645,456 $267,444
2022 $14,398 $895,000 $632,800 $262,200
2021 $6,744 $297,059 $160,094 $136,965
2020 $6,622 $294,014 $158,453 $135,561
2019 $6,551 $288,250 $155,347 $132,903
2018 $6,417 $282,599 $152,301 $130,298
2016 $3,740 $271,628 $146,388 $125,240
2015 $3,659 $267,549 $144,190 $123,359
2014 $3,626 $262,309 $141,366 $120,943
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD23184344

California Regional Multiple Listing Service (CRMLS)

APN: 8507-016-030