NOT LISTED FOR SALE

215 W Lemon Ave Monrovia, CA 91016

Estimated Value: $1,635,000 - $2,329,848

4 Beds
4 Baths
4,372 Sq Ft
$450/Sq Ft Est. Value

Sale Details

Date Sold: December 30, 2015

Last sale price $1,358,000 $311 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $12,427 / mo

23 Days on Market

Highlights

  • No HOA
  • Garden
  • Central Heating and Cooling System
  • Monrovia High School Rated A

About This Home

As of December 2015

Great newer units close to Old Town Monrovia and all it has to offer in the way of dining and entertainment. Each unit has a private patio, plenty of parking 2 bedrooms and 2 baths each! Each unit has their own electric and gas meters, built in 1988 these are some of the newest units in town. The rents were just increased but are still very low with room to grow.

Last Agent to Sell the Property

Tom Adams

Century 21 Adams & Barnes License #00977699 Listed on: 10/23/2015

Century 21 Adams & Barnes

Last Buyer's Agent

Stella Chow

RE/MAX PREMIER/SANMARINO License #00778558

RE/MAX PREMIER/SANMARINO

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 7,970 Sq Ft Lot
  • Two or More Common Walls
  • Garden
  • Front Yard

Parking

  • 5 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Property Attached
  • Entry on the 1st floor

Interior Spaces

  • 4,372 Sq Ft Home
  • 2-Story Property
  • Laundry in unit

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Suburban Location
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Assessor Parcel Number 8516015022

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

7,970 Sq Ft Lot

Parking

5

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Property Type: Residential Income
  • Parcel Number: 8516015022
  • Year Built: 1988
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 310.61

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 12.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Lot Info

  • Lot Features: Front Yard, Garden
  • Lot Size Sq Ft: 7970.00
  • Price Per Lot Square Foot: 170.39
  • Lot Size Acres: 0.1830

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 1100
  • Lot Size Area: 7970.0000 Square Feet
  • 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: 5600.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 16, 2017
Sold by
Bought by
Current Estimated Value
$1,969,212

Purchase Details

Listed on
Oct 23, 2015
Closed on
Nov 16, 2015
Sold by
Bought by
Seller's Agent
Tom Adams
Century 21 Adams & Barnes
Buyer's Agent
Stella Chow
RE/MAX PREMIER/SANMARINO
List Price
$1,498,000
Sold Price
$1,358,000
Premium/Discount to List
-$140,000
-9.35%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.61%
Original Mortgage
$679,000
Outstanding Balance
$536,772
Interest Rate
3.94%
Mortgage Type
New Conventional
Estimated Equity
$1,432,440

Purchase Details

Closed on
May 1, 1998
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
7.06%

Purchase Details

Closed on
Oct 12, 1994
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,250
Interest Rate
5.87%

Purchase Details

Closed on
Sep 14, 1994
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$266,250
Interest Rate
5.87%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
$1,358,000 Chicago Title Company
$366,000 First American Title Ins Co
$355,000 --
-- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $679,000
Previous Owner $196,000
Previous Owner $266,250
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
12/30/2015 12/30/15 Sold $1,358,000 -9.3% $311 / Sq Ft
11/15/2015 11/15/15 Pending -- -- --
10/23/2015 10/23/15 For Sale $1,498,000 -- $343 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $22,232 $1,607,589 $710,274 $897,315
2024 $21,696 $1,576,069 $696,348 $879,721
2023 $21,204 $1,545,167 $682,695 $862,472
2022 $20,592 $1,514,870 $669,309 $845,561
2021 $20,183 $1,485,168 $656,186 $828,982
2019 $19,222 $1,441,119 $636,724 $804,395
2018 $18,806 $1,412,863 $624,240 $788,623
2016 $18,076 $1,358,000 $600,000 $758,000
2015 $7,102 $479,780 $216,528 $263,252
2014 $7,050 $470,383 $212,287 $258,096
Source: Public Records

Agents Affiliated with this Home

  • Tom Adams

    Seller's Agent in 2015

    Tom Adams

    Century 21 Adams & Barnes

    (626) 930-9317

    41 Total Sales

    Tom Adams
    Section Image

  • S

    Buyer's Agent in 2015

    Stella Chow

    RE/MAX

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR15232122

California Regional Multiple Listing Service (CRMLS)

APN: 8516-015-022

California Los Angeles County Monrovia 91016

215 W Lemon Ave, Monrovia, CA

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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

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