NOT LISTED FOR SALE

1850 6th Ave Monrovia, CA 91016

Estimated Value: $3,180,000

10 Beds
5 Baths
4,737 Sq Ft
$671/Sq Ft Est. Value

Last Sold March 25, 2014

Last sale price $1,400,000 $296 Per Sq Ft

Est. 127% increase in value since last sale

Current estimated payment $19,208/month

13 Days on Market

Highlights

  • 0.44 Acre Lot
  • Cooling System Mounted To A Wall/Window
  • Laundry Room
  • Monrovia High School Rated A

About This Home

As of March 2014

2 Bed House + 4 (2 bed units) - All units have 2 parking spaces

Last Agent to Sell the Property

Bruce Pfeiffer

Coldwell Banker Realty License #00708020 Listed on: 02/07/2014

Coldwell Banker Realty

Last Buyer's Agent

JOHN LIN

PACIFIC ASIA GRP RLTY, INC. License #01125966

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,182

Year Built

  • Built in 1963

Lot Details

  • 0.44 Acre Lot
  • 1 Common Wall

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 4,737 Sq Ft Home
  • Property Attached
  • Composition Roof
  • Stucco

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Gas Dryer Hookup

Additional Features

  • Electric Oven
  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 7935
  • Assessor Parcel Number 5780015008

Community Details

Overview

  • 3 Buildings
  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,500
  • Trash Expense $2,000
  • Water Sewer Expense $1,500
  • New Taxes Expense $10,006
  • Gross Income $6,500
  • Net Operating Income $22,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,182

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Surface Type: Paved
  • Water Sewer Expenses: 1500.00
  • Property Type: Residential Income
  • Parcel Number: 5780015008
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 295.55

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 10.00

Utilities

  • Utilities: Sewer Available
  • Laundry: Yes
  • Appliances: Electric Oven
  • Laundry Features: Gas Dryer Hookup, Outside
  • Trash Expense: 2000.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Size Sq Ft: 19236.00
  • Lot Size Acres: 0.4420

Multi Family

  • Gross Income: 6500.00
  • Gross Scheduled Income: 25000.00
  • Insurance Expense: 2500.00
  • Lot Size Area: 19236.0000 Square Feet
  • Net Operating Income: 22500.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 5
  • Number Wall A C: 5
  • Number With Range: 5
  • Operating Expense: 16006.00
  • Rent Control: No
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 10006.00
  • Tax Lot: 7
  • Tax Tract Number: 7935
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 7, 2014
Closed on
Feb 20, 2014
Sold by
Scherer Richard A
Bought by
Pentland Garden Inc
Seller's Agent
Bruce Pfeiffer
Coldwell Banker Realty
Buyer's Agent
JOHN LIN
PACIFIC ASIA GRP RLTY, INC.
List Price
$1,295,000
Sold Price
$1,400,000
Premium/Discount to List
$105,000
8.11%
Current Estimated Value
$3,180,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,780,000
Avg. Annual Appreciation
4.95%

Purchase Details

Closed on
Feb 15, 2007
Sold by
Scherer Dale and Scherer Joan
Bought by
Scherer Richard A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Interest Rate
6%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pentland Garden Inc $1,400,000 Chicago Title Company
Scherer Richard A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Scherer Richard A $400,000
Previous Owner Scherer Dale $185,000
Previous Owner Scherer Dale $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/25/2014 03/25/14 Sold $1,400,000 +8.1% $296 / Sq Ft
02/20/2014 02/20/14 Pending -- -- --
02/07/2014 02/07/14 For Sale $1,295,000 -- $273 / 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 $24,182 $1,716,200 $1,348,446 $367,754
2024 $24,182 $1,682,550 $1,322,006 $360,544
2023 $23,550 $1,649,560 $1,296,085 $353,475
2022 $22,550 $1,617,217 $1,270,672 $346,545
2021 $22,110 $1,585,507 $1,245,757 $339,750
2020 $21,453 $1,569,251 $1,232,984 $336,267
2019 $21,083 $1,538,482 $1,208,808 $329,674
2018 $20,390 $1,508,316 $1,185,106 $323,210
2016 $19,607 $1,449,748 $1,139,088 $310,660
2015 $19,060 $1,427,972 $1,121,978 $305,994
2014 -- $109,299 $49,382 $59,917
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2014

    Bruce Pfeiffer

    Coldwell Banker Realty

    Section Image

  • J

    Buyer's Agent in 2014

    JOHN LIN

    PACIFIC ASIA GRP RLTY, INC.

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR14026707

California Regional Multiple Listing Service (CRMLS)

APN: 5780-015-008

California Los Angeles County Monrovia 91006

1850 6th Ave, Monrovia, CA

This home is located at 1850 6th Ave, Monrovia, CA 91016 since 07 February 2014 and is currently estimated at $3,180,000, approximately $671 per square foot. This property was built in 1963. 1850 6th Ave is a home located in Los Angeles County with nearby schools including Wild Rose Elementary School, Santa Fe Computer Science Magnet, and Monrovia High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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

Nearby Homes