NOT LISTED FOR SALE

208 S Encinitas Ave Monrovia, CA 91016

Estimated Value: $1,064,000 - $1,276,000

3 Beds
3 Baths
1,499 Sq Ft
$747/Sq Ft Est. Value

Last Sold May 16, 2018

Last sale price $740,000 $494 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $6,889/month

95 Days on Market

Highlights

  • Property is near public transit
  • Private Yard
  • Built-In Features
  • Clifton Middle School Rated A-
  • No HOA
  • 4-minute walk to Library Park

About This Home

As of May 2018

Back on the Market!!!!!!Downtown Monrovia! Unique opportunity to have 3 rentals or live in one and rent the other two out. Walking distance to shops, restaurants, and conveniently located near public transportation. Studio, a kitchen and 1 room (larger studio) 2 bedroom 1 bath (has indoor laundry). No garages, enough driveway parking for 6 cars and plenty of street parking. Each unit has a nice front porch & shared back yard.

Last Agent to Sell the Property

Susan Wyant

Keller Williams Pacific Estate License #01880319 Listed on: 12/31/2017

Keller Williams Pacific Estate

Last Buyer's Agent

Rick Wu

RED DRAGON REALTY CORP. License #01726973

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,714

Year Built

  • Built in 1923

Lot Details

  • 6,383 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot
  • Sprinkler System
  • Private Yard
  • Back and Front Yard

Home Design

  • Triplex
  • Cosmetic Repairs Needed

Interior Spaces

  • 1,499 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Crown Molding
  • Tile Countertops
  • Laundry Room

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • 6 Open Parking Spaces
  • 6 Parking Spaces
  • Parking Available
  • Driveway Level
  • Off-Street Parking

Location

  • Property is near public transit
  • Urban Location

Additional Features

  • Exterior Lighting
  • Cable TV Available

Listing and Financial Details

  • Tenant pays for all utilities
  • Legal Lot and Block 13 / 2
  • Assessor Parcel Number 8516006011

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Foothills

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Insurance Expense $600
  • Trash Expense $720
  • Water Sewer Expense $1,200
  • New Taxes Expense $9,063
  • Operating Expense $11,583
  • Gross Income $33,900
  • Net Operating Income $31,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,714

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Water Sewer Expenses: 1200.00
  • Zoning: MORH*
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Triplex
  • Property Type: Residential Income
  • Parcel Number: 8516006011
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Built-in Features, Crown Molding, Tile Counters
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Levels: One
  • Price Per Square Foot: 493.66
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway, Asphalt, Driveway Level, Off Street
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Cable Connected, Electricity Connected
  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 720.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Foothills, Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Level with Street, Near Public Transit, Sprinkler System, Walkstreet, Yard
  • Lot Size Sq Ft: 6383.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Gross Income: 33900.00
  • Gross Scheduled Income: 33900.00
  • Insurance Expense: 600.00
  • Net Operating Income: 31500.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Disposal: 1
  • Number With Range: 3
  • Operating Expense: 2400.00
  • Rent Control: No
  • Total Actual Rent: 33900.00
  • Total Expenses: 11583.00

Tax Info

  • New Taxes Expense: 9063.00
  • Tax Area: 6208
  • Tax Block: 2
  • Tax Census Tract: 4310.01
  • Tax Lot: 13
  • Tax Tract Number: 000000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 10, 2020
Sold by
An Haejung and Seymour Thomas Arthur
Bought by
An Haejung and Seymour Thomas Arthur
Current Estimated Value
$1,119,719

Purchase Details

Listed on
Dec 31, 2017
Closed on
Apr 24, 2018
Sold by
Clemmons Joseph D
Bought by
An Haejung and Seymour Thomas Arthur
Seller's Agent
Susan Wyant
Keller Williams Pacific Estate
Buyer's Agent
Rick Wu
RED DRAGON REALTY CORP.
List Price
$724,999
Sold Price
$740,000
Premium/Discount to List
$15,001
2.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.27%
Original Mortgage
$514,250
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 31, 2005
Sold by
Davidson Annette R
Bought by
Clemmons Joseph D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
5.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 22, 2001
Sold by
Davidson Scott C
Bought by
Davidson Annette R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$177,000
Interest Rate
6.98%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
An Haejung -- None Available
An Haejung $735,000 First American Title Company
Clemmons Joseph D $550,000 First American Title
Davidson Annette R -- Southland Title
Davidson Annette R $236,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open An Haejung $506,000
Closed Seymour Jillian Ahn $496,800
Closed An Haejung $504,500
Closed An Haejung $514,250
Previous Owner Clemmons Joseph D $500,000
Previous Owner Clemmons Joseph D $75,000
Previous Owner Clemmons Joseph D $440,000
Previous Owner Davidson Annette R $182,000
Previous Owner Davidson Annette R $177,000
Closed Clemmons Joseph D $110,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/16/2018 05/16/18 Sold $740,000 +2.1% $494 / Sq Ft
04/05/2018 04/05/18 Pending -- -- --
03/02/2018 03/02/18 For Sale $724,999 0.0% $484 / Sq Ft
02/11/2018 02/11/18 Pending -- -- --
12/31/2017 12/31/17 For Sale $724,999 -- $484 / 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 $11,714 $852,238 $334,518 $517,720
2024 $11,714 $835,528 $327,959 $507,569
2023 $11,262 $804,536 $321,529 $483,007
2022 $10,940 $788,762 $315,225 $473,537
2021 $10,730 $773,297 $309,045 $464,252
2020 $10,410 $765,369 $305,877 $459,492
2019 $10,228 $750,363 $299,880 $450,483
2018 $9,246 $673,775 $520,647 $153,128
2017 $9,120 $660,565 $510,439 $150,126
2016 $8,062 $580,000 $448,200 $131,800
2015 $7,750 $560,000 $432,700 $127,300
2014 $7,817 $560,000 $432,700 $127,300
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18011041

California Regional Multiple Listing Service (CRMLS)

APN: 8516-006-011