NOT LISTED FOR SALE

220 W Lemon Ave Monrovia, CA 91016

Estimated Value: $1,761,000 - $2,552,000

9 Beds
5 Baths
4,774 Sq Ft
$483/Sq Ft Est. Value

Last Sold March 28, 2014

Last sale price $1,280,088 $268 Per Sq Ft

Est. 85% increase in value since last sale

Current estimated payment $13,942/month

26 Days on Market

Highlights

  • Two Primary Bedrooms
  • Property is near park
  • Walk-In Closet
  • Monrovia High School Rated A
  • Lawn
  • Living Room

About This Home

As of March 2014

Beautiful Mursol constructed Townhome style units. Very well maintained and 2 blocks from Old Town Monrovia. Ideal for buyer looking for a quality building in a great location ! Property is under rented.

Last Agent to Sell the Property

Doug Meyer

Coldwell Banker Realty License #00354602 Listed on: 02/12/2014

Coldwell Banker Realty

Last Buyer's Agent

King Chang

Treeline Realty & Investment License #00899539

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1986

Lot Details

  • 8,015 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Landscaped
  • Sprinkler System
  • Lawn

Home Design

  • Turnkey
  • Slab Foundation
  • Frame Construction
  • Composition Roof
  • Stucco

Interior Spaces

  • 4,774 Sq Ft Home
  • Custom Window Coverings
  • Living Room
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Dishwasher
  • Trash Compactor
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 9 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • 5 Bathrooms

Parking

  • 7 Parking Spaces
  • 5 Attached Carport Spaces
  • Parking Available
  • Driveway

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas
  • Water Heater

Additional Features

  • Rain Gutters
  • Property is near park

Listing and Financial Details

  • Tenant pays for insurance
  • Legal Lot and Block 5 / M
  • Assessor Parcel Number 8516024005

Community Details

Overview

  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $235
  • Gardener Expense $900
  • Insurance Expense $2,279
  • Maintenance Expense $1,694
  • Trash Expense $1,505
  • Water Sewer Expense $1,514

Property Details

Home Type

Multi-Family

Year Built

Built in 1986

Lot Details

8,015 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Road Frontage Type: Alley
  • Road Surface Type: Alley Paved
  • Security: Smoke Detector(s)
  • Water Sewer Expenses: 1514.00
  • Property Condition: Turnkey
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 8516024005
  • Year Built: 1986
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 268.14
  • Room Type: Living Room, Walk-In Closet, Two Masters
  • Window Features: Custom Covering

Exterior Features

  • Foundation: Slab
  • Exterior Features: Rain Gutters
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Frame, Stucco

Garage/Parking

  • Carport Spaces: 5.00
  • Parking: Yes
  • Parking Features: Attached Carport, Driveway, On Site
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Trash Compactor, Water Heater
  • Heating Type: Forced Air, Natural Gas
  • Laundry Features: Inside, Individual Room
  • Trash Expense: 1505.00
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Lawn, Landscaped, Park Nearby, Sprinkler System
  • Lot Size Sq Ft: 8015.00
  • Lot Size Acres: 0.1840

Rental Info

  • Tenant Pays: Insurance

Multi Family

  • Average2 Bed Area: 1152
  • Average3 Bed Area: 1616
  • Electric Expense: 235.00
  • Gross Scheduled Income: 63180.00
  • Insurance Expense: 2279.00
  • Lot Size Area: 8015.0000 Square Feet
  • Maintenance Expense: 1694.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Carpet: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 4
  • Number With Range: 4
  • Rent Control: No
  • Total Actual Rent: 5265.00

Tax Info

  • Tax Block: M
  • Tax Lot: 5
  • Tax Tract Number: MOR1T
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 8, 2018
Sold by
Ma Phoebe
Bought by
Ma Phoebe and Phoebe Ma Trust
Current Estimated Value
$2,364,585

Purchase Details

Listed on
Feb 12, 2014
Closed on
Mar 20, 2014
Sold by
Ruiz Richard
Bought by
Ma Phoebe
Seller's Agent
Doug Meyer
Coldwell Banker Realty
Buyer's Agent
King Chang
Treeline Realty & Investment
List Price
$1,300,000
Sold Price
$1,280,088
Premium/Discount to List
-$19,912
-1.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.06%

Purchase Details

Closed on
Jan 6, 2003
Sold by
Ruiz Richard and Ruiz Linda R
Bought by
Ruiz Richard
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Ma Phoebe -- None Available
Ma Phoebe $1,280,500 Ticor Title Co
Ruiz Richard -- None Available
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/28/2014 03/28/14 Sold $1,280,088 -1.5% $268 / Sq Ft
03/10/2014 03/10/14 Pending -- -- --
02/12/2014 02/12/14 For Sale $1,300,000 -- $272 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $21,269 $1,569,216 $980,685 $588,531
2024 $21,269 $1,538,448 $961,456 $576,992
2023 $20,788 $1,508,283 $942,604 $565,679
2022 $20,190 $1,478,710 $924,122 $554,588
2021 $19,786 $1,449,716 $906,002 $543,714
2019 $18,848 $1,406,719 $879,131 $527,588
2018 $18,410 $1,379,138 $861,894 $517,244
2016 $17,690 $1,325,586 $828,427 $497,159
2015 $17,305 $1,305,676 $815,984 $489,692
2014 $7,462 $502,175 $120,262 $381,913
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR14029776

California Regional Multiple Listing Service (CRMLS)

APN: 8516-024-005

Your Personal Tour Guide

Ask me questions while you tour the home.