NOT LISTED FOR SALE

201 W Walnut Ave Monrovia, CA 91016

Estimated Value: $1,692,000 - $2,116,000

7 Beds
7 Baths
3,427 Sq Ft
$555/Sq Ft Est. Value

Last Sold December 23, 2021

Last sale price $1,740,000 $508 Per Sq Ft

Est. 9% increase in value since last sale

Current estimated payment $12,707/month

75 Days on Market

Highlights

  • No HOA
  • 6 Car Attached Garage
  • Central Heating and Cooling System
  • Monrovia High School Rated A
  • Laundry Room
  • Family Room

About This Home

As of December 2021

Investment property in the city of Monrovia. Rents are supper low. Surrounded by greenery, the triplex features a total of 3 units with the main house in front (1 unit) and back house (2 units). The main house has an attached car garage plus 2 additional car spaces and the back house each has their own detached 2 car space garage. All 3 units are currently leased and require little maintenance. Utilities are paid by tenants except for water and trash (approx. $350/month). Great investment choice! Don't miss out!

Last Agent to Sell the Property

Heidi Mao

Pinnacle Real Estate Group License #01007529 Listed on: 08/20/2021

Pinnacle Real Estate Group

Last Buyer's Agent

Heidi Mao

Pinnacle Real Estate Group License #01007529 Listed on: 08/20/2021

Pinnacle Real Estate Group

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $24,406

Year Built

  • Built in 1987

Lot Details

  • 7,722 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 6 Car Attached Garage

Home Design

  • Triplex

Interior Spaces

  • 3,427 Sq Ft Home
  • Family Room

Bedrooms and Bathrooms

  • 7 Bedrooms | 1 Main Level Bedroom
  • 7 Full Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • Septic Type Unknown

Community Details

  • No Home Owners Association
  • 3 Units

Listing and Financial Details

  • Legal Lot and Block 24 / U
  • Tax Tract Number 431
  • Assessor Parcel Number 8516034030
  • $1,134 per year additional tax assessments

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$24,406

Year Built

Built in 1987

Lot Details

0

Parking

6

Listing Details

  • Structure Type: Triplex
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: MORH*
  • Property Sub Type: Triplex
  • Property Type: Residential
  • Parcel Number: 8516034030
  • Year Built: 1987
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 3427.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 7
  • Full And Three Quarter Bathrooms: 7
  • Total Bedrooms: 7
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 507.73
  • Room Type: Family Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Monrovia Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7722.00
  • Lot Size Acres: 0.1773

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7722.0000 Square Feet
  • Number Of Units Total: 3

Tax Info

  • Tax Block: U
  • Tax Census Tract: 4311.00
  • Tax Lot: 24
  • Tax Tract Number: 431...
  • TaxOtherAnnualAssessmentAmount: 1134.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 20, 2021
Closed on
Nov 17, 2021
Sold by
Wong Tina and Yang Jing
Bought by
Liang Simon and Liang Julie
Seller's Agent
Heidi Mao
Pinnacle Real Estate Group
Buyer's Agent
Heidi Mao
Pinnacle Real Estate Group
List Price
$1,799,000
Sold Price
$1,740,000
Premium/Discount to List
-$59,000
-3.28%
Total Days on Market
75
Current Estimated Value
$1,901,421

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$161,421
Avg. Annual Appreciation
4.22%
Original Mortgage
$1,272,000
Outstanding Balance
$1,180,009
Interest Rate
2.98%
Mortgage Type
New Conventional
Estimated Equity
$826,578

Purchase Details

Closed on
Jul 25, 2018
Sold by
Wong Charles
Bought by
Yang Jing

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 16, 2018
Sold by
Chen Chou Er and Wong Cordelia
Bought by
Yang Jing and Wong Tina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$975,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 1, 2015
Sold by
Lawton David
Bought by
Wang Shu Fen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,300
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 31, 2015
Sold by
Chen David C P
Bought by
Chen Chou Er

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,300
Interest Rate
3.5%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jan 5, 2000
Sold by
Walker Michael B
Bought by
Walker Michael B and Rettich Judy

Purchase Details

Closed on
May 5, 1999
Sold by
Rettich Judy
Bought by
Walker Michael B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
6.96%

Purchase Details

Closed on
Mar 30, 1999
Sold by
Family Trust Roybal Gilbert And Sharon Trs Ro
Bought by
Walker Michael B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$284,000
Interest Rate
6.96%
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
Liang Simon $1,740,000 Priority Title
Yang Jing -- Old Republic Title Company
Wong Tina -- Old Republic Title Company
Yang Jing $1,300,000 Old Republic Title Company
Wang Shu Fen -- Lawyers Title
Wang Shu Fen $1,100,000 Lawyers Title
Chen Chou Er -- Lawyers Title
Walker Michael B -- --
Walker Michael B -- Southland Title
Walker Michael B $375,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liang Simon $1,272,000
Previous Owner Yang Jing $975,000
Previous Owner Wang Shu Fen $645,300
Previous Owner Walker Michael B $284,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/23/2021 12/23/21 Sold $1,740,000 -3.3% $508 / Sq Ft
11/03/2021 11/03/21 Pending -- -- --
08/20/2021 08/20/21 For Sale $1,799,000 -- $525 / 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
2024 $24,406 $1,810,296 $1,040,400 $769,896
2023 $23,846 $1,774,800 $1,020,000 $754,800
2022 $23,149 $1,740,000 $1,000,000 $740,000
2021 $18,070 $1,339,736 $535,894 $803,842
2020 $17,515 $1,326,000 $530,400 $795,600
2019 $17,205 $1,300,000 $520,000 $780,000
2018 $15,421 $1,161,891 $528,132 $633,759
2016 $14,825 $1,116,775 $507,625 $609,150
2015 $6,967 $489,148 $117,392 $371,756
2014 $6,910 $479,567 $115,093 $364,474
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR21183939

California Regional Multiple Listing Service (CRMLS)

APN: 8516-034-030