NOT LISTED FOR SALE

218 W Cypress Ave Monrovia, CA 91016

Monrovia Area

Estimated Value: $1,427,000 - $1,726,539

3 Beds
2 Baths
2,753 Sq Ft
$577/Sq Ft Est. Value

Sale Details

Date Sold: April 30, 2021

Last sale price $1,325,000 $481 Per Sq Ft

Est. 20% increase in value since last sale

Current estimated payment $10,073 / mo

12 Days on Market

Highlights

  • Open Floorplan
  • Property is near public transit
  • Private Yard
  • Monrovia High School Rated A
  • Traditional Architecture
  • No HOA

About This Home

As of April 2021

Extensively Remodeled Homes - Two Beautiful Individual Units (218 & 220) on a Lot Zoned MORH at Convenient Location to Great Selection of Retails, T Restaurants, Supermarkets, Business District, Public Transportation, Minutes to I-210, Gold Line Station, etc. #218(Front)- Living Area: 1,400 sq'ft Built in 1977 & #220 (Rear) - Living Area: 1,353 sq'ft Built in 2007. Both Units Are Bright and Airy, Desirable Open Floor Plan with 3 Bedrooms, 2 Baths Including a Spacious Master Suite, New Kitchen, New Appliances, New Baths, New Laminated Flooring, Central Air/Heat, In-Unit Laundry Area, Fresh Interior Paint, 2 Car Attached Garage with New Remote Control System, New Landscape With Sprinkler System..., So Many More Updated Features & Amenities For Indoor & Outdoor to Call Home.
Excellent Move-In Condition with Curb Appeal, Great for Extended Family or Live in One and Rent the Other. Make These Lovely Homes for Enjoyment and Investment at Your Choice. See to Appreciate!

Last Agent to Sell the Property

Gina Huang

Coldwell Banker Dynasty T.C. License #01043220 Listed on: 03/18/2021

Coldwell Banker Dynasty T.C.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 9,923 Sq Ft Lot
  • No Common Walls
  • Block Wall Fence
  • Landscaped
  • Paved or Partially Paved Lot
  • Level Lot
  • Sprinklers Throughout Yard
  • Private Yard
  • Garden

Parking

  • 4 Car Garage
  • Converted Garage
  • Parking Available

Home Design

  • Duplex
  • Traditional Architecture
  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,753 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Gas Fireplace
  • Drapes & Rods
  • Panel Doors
  • Entrance Foyer
  • Living Room with Fireplace
  • Neighborhood Views
  • Fire and Smoke Detector

Kitchen

  • Free-Standing Range
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Washer and Gas Dryer Hookup

Accessible Home Design

  • Doors swing in
  • No Interior Steps

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • 220 Volts in Kitchen
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 56 / 6
  • Tax Tract Number 4311
  • Assessor Parcel Number 8508001041

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,000
  • New Taxes Expense $15,000
  • Operating Expense $16,000
  • Gross Income $67,200
  • Net Operating Income $51,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

9,923 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Smoke Detector(s)
  • View: Yes
  • Architectural Style: Traditional
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 8508001041
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Open Floorplan, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Accessibility Features: Doors - Swing In, No Interior Steps
  • Appliances: Yes
  • Door Features: Panel Doors
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Price Per Square Foot: 481.29
  • Room Type: All Bedrooms Down, Entry, Foyer, Kitchen, Laundry, Living Room
  • Window Features: Drapes

Exterior Features

  • Foundation: Slab
  • Exterior Features: Lighting
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Glass

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Converted Garage
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Disposal, Gas Water Heater, Vented Exhaust Fan
  • Electric: 220 Volts in Kitchen, Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, In Closet, In Kitchen, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Garden, Landscaped, Lot 6500-9999, Level, Near Public Transit, Paved, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Yard
  • Lot Size Sq Ft: 9923.00
  • Lot Size Acres: 0.2278

Multi Family

  • Gross Income: 67200.00
  • Gross Scheduled Income: 67200.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 9923.0000 Square Feet
  • Net Operating Income: 51200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Operating Expense: 16000.00
  • Rent Control: No
  • Total Expenses: 16000.00

Tax Info

  • New Taxes Expense: 15000.00
  • Tax Block: 6
  • Tax Lot: 56
  • Tax Tract Number: 4311

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

Listed on
Dec 16, 2019
Closed on
Jan 25, 2020
Sold by
Bought by
Seller's Agent
MIRNA CORNEJO
PREMIER AGENT NETWORK
Buyer's Agent
Gina Huang
Coldwell Banker Dynasty T.C.
List Price
$875,000
Sold Price
$875,500
Premium/Discount to List
$500
0.06%
Current Estimated Value
$1,587,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$711,635
Avg. Annual Appreciation
9.62%

Purchase Details

Closed on
Mar 23, 2007
Sold by
Bought by

Purchase Details

Closed on
Apr 28, 2006
Sold by
Bought by

Purchase Details

Closed on
Jul 31, 2003
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
$304,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 27, 2002
Sold by
Bought by

Purchase Details

Closed on
Dec 20, 1999
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
$123,000
Interest Rate
7.83%
Source: Public Records

Range of Values:

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

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
$875,500 Stewart Title
-- Accommodation
-- None Available
$320,000 Oct
-- --
-- Oct
$210,900 --
$165,000 First American Title Co
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
Previous Owner $304,000
Previous Owner $123,000
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 Prior Sale
04/30/2021 04/30/21 Sold $1,325,000 -1.7% $481 / Sq Ft
03/31/2021 03/31/21 For Sale $1,348,000 +1.7% $490 / Sq Ft
03/30/2021 03/30/21 Off Market $1,325,000 -- --
03/30/2021 03/30/21 Pending -- -- --
03/18/2021 03/18/21 For Sale $1,348,000 +54.0% $490 / Sq Ft
02/03/2020 02/03/20 Sold $875,500 +0.1% $318 / Sq Ft View Prior Sale
12/23/2019 12/23/19 Pending -- -- --
12/16/2019 12/16/19 For Sale $875,000 -- $318 / 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 $17,109 $1,434,221 $865,945 $568,276
2024 $18,924 $1,406,100 $848,966 $557,134
2023 $18,489 $1,378,530 $832,320 $546,210
2022 $17,948 $1,351,500 $816,000 $535,500
2021 $12,025 $884,065 $479,921 $404,144
2020 $8,590 $626,665 $338,007 $288,658
2019 $8,442 $614,379 $331,380 $282,999
2018 $8,167 $602,333 $324,883 $277,450
2016 $7,841 $578,945 $312,268 $266,677
2015 $7,672 $570,250 $307,578 $262,672
2014 $7,600 $559,080 $301,553 $257,527
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR21054598

California Regional Multiple Listing Service (CRMLS)

APN: 8508-001-041

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