NOT LISTED FOR SALE

167 N Myrtle Ave Monrovia, CA 91016

Estimated Value: $1,262,000 - $1,658,000

4 Beds
5 Baths
3,133 Sq Ft
$453/Sq Ft Est. Value

Last Sold March 27, 2018

Last sale price $943,000 $301 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $8,765/month

4 Days on Market

Highlights

  • Lawn
  • Laundry Room
  • Level Lot
  • Mayflower Elementary School Rated A
  • More Than Two Accessible Exits
  • Carpet

About This Home

As of March 2018

4 unit, income generating property. The property consists of 3 - one bedroom, one bath units and 1 - one bedroom, two bath unit. Great for a new buyer who wants to live on-site. The property sits on the west side of Myrtle far enough up so traffic on Foothill is not an issue. Your tenants can enjoy an unbelievably easy stroll down the street to take advantage of all that Old Town has to offer. The most convenient location in Monrovia (north of Foothill) with easy access to shopping, dining and entertainment means filling vacancies has never been difficult.

Last Agent to Sell the Property

Patricia Parish

Coldwell Banker Realty License #01032385 Listed on: 02/05/2018

Coldwell Banker Realty

Last Buyer's Agent

Han Widjaja-Chen

GIG Real Estate Inc. License #01749321

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,551

Year Built

  • Built in 1890

Lot Details

  • 9,329 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot
  • Irregular Lot
  • Lawn
  • Front Yard

Home Design

  • Quadruplex

Interior Spaces

  • 3,133 Sq Ft Home
  • 2-Story Property
  • Gas Cooktop
  • Laundry Room

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 5 Bathrooms

Parking

  • 4 Open Parking Spaces
  • 4 Parking Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Gas Water Heater
  • Septic Type Unknown

Additional Features

  • More Than Two Accessible Exits
  • Suburban Location

Listing and Financial Details

  • Tax Lot 4
  • Assessor Parcel Number 8519024018

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,667
  • Trash Expense $1,440
  • Water Sewer Expense $1,680
  • New Taxes Expense $12,419

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,551

Year Built

Built in 1890

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1680.00
  • Zoning: MORH*
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 8519024018
  • Year Built: 1890
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: Ground level
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Vinyl
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Price Per Square Foot: 300.99

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 4.00

Utilities

  • Laundry: Yes
  • Appliances: Gas Cooktop, Gas Water Heater
  • Sewer: Unknown
  • Trash Expense: 1440.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Lot 6500-9999, Irregular Lot, Level
  • Lot Size Sq Ft: 9329.00

Multi Family

  • Gross Scheduled Income: 4150.00
  • Insurance Expense: 1667.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Rent Control: No
  • Total Actual Rent: 4150.00

Tax Info

  • New Taxes Expense: 12419.00
  • Tax Census Tract: 4303.02
  • Tax Lot: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2020
Sold by
Chen Handoko Widjaja and Widjaja Nurlinda
Bought by
Hwc Holdings Ii Llc
Current Estimated Value
$1,418,671

Purchase Details

Listed on
Feb 5, 2018
Closed on
Apr 24, 2018
Sold by
Chen Handoko Widjaja
Bought by
Chen Handoko Widjaja and Widjaja Nurlinda
Seller's Agent
Patricia Parish
Coldwell Banker Realty
Buyer's Agent
Han Widjaja-Chen
GIG Real Estate Inc.
List Price
$950,000
Sold Price
$943,000
Premium/Discount to List
-$7,000
-0.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.57%
Original Mortgage
$689,500
Outstanding Balance
$590,004
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$828,667

Purchase Details

Listed on
Feb 5, 2018
Closed on
Mar 5, 2018
Sold by
Escovedo Amber
Bought by
Chen Handoko Widjaja and Widjaja Nurlinda
Seller's Agent
Patricia Parish
Coldwell Banker Realty
Buyer's Agent
Han Widjaja-Chen
GIG Real Estate Inc.
List Price
$950,000
Sold Price
$943,000
Premium/Discount to List
-$7,000
-0.74%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$689,500
Outstanding Balance
$590,004
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$828,667

Purchase Details

Listed on
May 24, 2016
Closed on
Sep 20, 2016
Sold by
Snyder John Randall
Bought by
Escovedo Amber
Seller's Agent
Jonathan Johnson
Coldwell Banker Realty
Buyer's Agent
Jonathan Johnson
Coldwell Banker Realty
List Price
$998,000
Sold Price
$900,000
Premium/Discount to List
-$98,000
-9.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.44%
Original Mortgage
$675,000
Interest Rate
3.42%
Mortgage Type
Commercial

Purchase Details

Closed on
May 1, 2013
Sold by
Snyder Ruth E
Bought by
Snyder Ruth E and The Ruth E Snyder 2001 Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$938,250
Interest Rate
3.38%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage

Purchase Details

Closed on
Apr 22, 2006
Sold by
Snyder Ruth E
Bought by
Snyder Ruth E and Ruth E Snyder 1999 Trust
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
Hwc Holdings Ii Llc -- Accommodation
Chen Handoko Widjaja -- Accommodation
Chen Handoko Widjaja $919,500 Equity Title Los Angeles
Escovedo Amber $900,000 Equity Title Los Angeles
Snyder Ruth E -- Title 365
Snyder Ruth E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Handoko Widjaja $689,500
Previous Owner Escovedo Amber $675,000
Previous Owner Snyder Ruth E $938,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/27/2018 03/27/18 Sold $943,000 -0.7% $301 / Sq Ft
02/09/2018 02/09/18 Pending -- -- --
02/05/2018 02/05/18 For Sale $950,000 +5.6% $303 / Sq Ft
11/10/2016 11/10/16 Sold $900,000 -9.8% $287 / Sq Ft View Prior Sale
09/19/2016 09/19/16 Pending -- -- --
05/24/2016 05/24/16 For Sale $998,000 -- $319 / 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 $14,551 $1,046,115 $418,719 $627,396
2024 $14,551 $1,025,604 $410,509 $615,095
2023 $14,225 $1,005,495 $402,460 $603,035
2022 $13,821 $985,780 $394,569 $591,211
2021 $13,548 $966,452 $386,833 $579,619
2020 $13,146 $957,593 $382,867 $574,726
2019 $12,919 $938,838 $375,360 $563,478
2018 $12,658 $919,050 $663,000 $256,050
2016 $5,056 $316,634 $189,653 $126,981
2015 $4,954 $311,879 $186,805 $125,074
2014 $4,927 $305,770 $183,146 $122,624
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR18027618

California Regional Multiple Listing Service (CRMLS)

APN: 8519-024-018