NOT LISTED FOR SALE

218 W Olive Ave Monrovia, CA 91016

Estimated Value: $939,000 - $1,137,000

4 Beds
3 Baths
1,797 Sq Ft
$576/Sq Ft Est. Value

Last Sold October 24, 2016

Last sale price $738,000 $411 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $6,643/month

7 Days on Market

Highlights

  • Primary Bedroom Suite
  • Updated Kitchen
  • Main Floor Bedroom
  • Monrovia High School Rated A
  • Craftsman Architecture
  • Granite Countertops

About This Home

As of October 2016

Beautiful craftsman style home built in 2013. Still under builders warranty. 4 bedrooms, one of which is ground floor with it's own bath. 3 of the good sized bedrooms are upstairs and an additional 2 more baths. Master bath has sunken tub, separate clear glass shower, two sinks with granite counters and a large walk in closet. Views of the mountains from the master bedroom. There is an additional area on the second floor that would be perfect for an office with a window allowing for great natural lighting.

Downstairs is an open floor plan with a living room and gas burning fireplace. The modern kitchen has stainless steel appliances, granite counters and a great kitchen island that opens to a separate dining room. Outside you will find a very private grassy back yard with beautiful flowers and completely enclosed. Good sized cement patio for entertaining and family BBQ's. There is an attached two car garage with direct access to the home. This is a 4 unit community with low HOA fees of $113.00/mo.
Located just one block from the trendy Old Town Monrovia area with shops, restaurants and theatre. Gold line just minutes away as well as the park and library. This is just like a new home!

Last Agent to Sell the Property

Sue Lamb

Hatlen Properties License #01455902 Listed on: 09/07/2016

Hatlen Properties

Last Buyer's Agent

Christopher Delamarter

Keller Williams Pasadena Mrkt License #01951132

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,234

Year Built

  • Built in 2013

Lot Details

  • 2,762 Sq Ft Lot
  • Block Wall Fence
  • Fence is in excellent condition
  • Level Lot
  • Sprinklers Throughout Yard
  • Back Yard
  • Property is zoned MORH*

HOA Fees

  • $113 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Craftsman Architecture
  • Fire Rated Drywall
  • Interior Block Wall
  • Composition Roof
  • Copper Plumbing

Interior Spaces

  • 1,797 Sq Ft Home
  • Built-In Features
  • French Doors
  • Living Room with Fireplace
  • Home Office

Kitchen

  • Updated Kitchen
  • Gas Oven
  • Built-In Range
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas Dryer Hookup

Outdoor Features

  • Concrete Porch or Patio

Utilities

  • Cooling System Powered By Gas
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 4311
  • Assessor Parcel Number 8516034034

Community Details

Recreation

  • Community Pool

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,234

Year Built

Built in 2013

Lot Details

0

HOA Fees

$113 per month

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: built in appliances
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
  • View: No
  • Zoning: MORH*
  • Architectural Style: Craftsman
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8516034034
  • Year Built: 2013
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1797.00 Square Feet
  • Interior Amenities: Built-in Features, Block Walls, Copper Plumbing Full, Granite Counters, Unfurnished
  • Entry Location: Ground Level No Steps
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Door Features: French Doors
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 410.68
  • Room Type: Master Bedroom, Main Floor Bedroom, Master Suite, Walk-In Closet, Office
  • Room Kitchen Features: Kitchen Island, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Block, Excellent Condition
  • Patio And Porch Features: Concrete
  • Pool Features: Association
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Drywall Walls

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Phone Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Disposal, Gas Oven, Gas Range, Gas Cooktop, Gas Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Central, Natural Gas
  • Laundry Features: Gas Dryer Hookup, In Garage
  • Water Source: Public
  • Cooling: Central Air, Gas
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 113.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Monrovia Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Level, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer
  • Lot Size Sq Ft: 2762.00
  • Price Per Lot Square Foot: 264.30

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 4311

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2016
Closed on
Sep 16, 2016
Sold by
Kerr Mike and Kerr Christine Mikhael
Bought by
Potts Steven C and Potts Amy A
Seller's Agent
Sue Lamb
Hatlen Properties
Buyer's Agent
Christopher Delamarter
Keller Williams Pasadena Mrkt
List Price
$730,000
Sold Price
$738,000
Premium/Discount to List
$8,000
1.1%
Current Estimated Value
$1,026,805

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$288,805
Avg. Annual Appreciation
3.92%
Original Mortgage
$576,000
Interest Rate
3.44%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 22, 2015
Sold by
Kerr Mike and Kerr Christine Mikhael
Bought by
Kerr Mike and Kerr Christine Mikhael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$592,744
Interest Rate
3.64%
Mortgage Type
FHA
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
Potts Steven C $738,000 Lawyers Title
Kerr Mike -- Title 365
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Potts Steven C $549,000
Closed Potts Steven C $576,000
Previous Owner Kerr Mike $592,744
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/24/2016 10/24/16 Sold $738,000 +1.1% $411 / Sq Ft
09/07/2016 09/07/16 For Sale $730,000 +18.7% $406 / Sq Ft
05/01/2013 05/01/13 Sold $615,000 +0.8% $328 / Sq Ft
03/25/2013 03/25/13 For Sale $609,900 -- $325 / 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 $11,234 $856,505 $522,260 $334,245
2024 $11,234 $839,712 $512,020 $327,692
2023 $10,972 $823,248 $501,981 $321,267
2022 $10,648 $807,107 $492,139 $314,968
2021 $10,436 $791,283 $482,490 $308,793
2019 $9,928 $767,815 $468,180 $299,635
2018 $9,728 $752,760 $459,000 $293,760
2016 $8,434 $642,862 $364,081 $278,781
2015 $8,248 $633,207 $358,613 $274,594
2014 -- $620,805 $351,589 $269,216
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR16196636

California Regional Multiple Listing Service (CRMLS)

APN: 8516-034-034