NOT LISTED FOR SALE

228 E Olive Ave Monrovia, CA 91016

Estimated Value: $817,000 - $1,087,000

3 Beds
2 Baths
1,514 Sq Ft
$625/Sq Ft Est. Value

Last Sold January 04, 2017

Last sale price $692,550 $457 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,496/month

16 Days on Market

Highlights

  • Guest House
  • Sun or Florida Room
  • Patio
  • Mayflower Elementary School Rated A
  • Front Porch
  • Living Room

About This Home

As of January 2017

This adorable Eastlake Cottage with a guest house has much of the original character and detail from the Victorian era, with 3 bedrooms and 2 baths, a formal dining room and sunroom. The home features 14' ceilings, period hardware and fixtures, elaborate original woodwork, and picture frame rail. In addition, the large kitchen has ceramic floors and countertops. It has newer central air and heat as well as newer roof, installed in 2015. The guest house is 390 SqFt with full bathroom as well as full kitchen, and it is currently rented for $1,000/month. The guest house and the 3 car garage were built in 2008. Don't miss this opportunity to Live in the main house and rent the guest house and enjoy all that downtown Monrovia offers!

Last Agent to Sell the Property

Ohanes 'Hovig' Dimejian CCIM

Berkshire Hathaway Home Services Golden Properties License #00945543 Listed on: 08/08/2016

Berkshire Hathaway Home Services Golden Properties

Last Buyer's Agent

Megan Ferrell

COMPASS License #01705291

COMPASS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1901

Lot Details

  • 8,060 Sq Ft Lot
  • Property is zoned MORH*

Parking

  • 3 Car Garage
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener

Interior Spaces

  • 1,514 Sq Ft Home
  • Living Room
  • Sun or Florida Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms

Outdoor Features

  • Patio
  • Front Porch

Additional Features

  • Guest House
  • Central Heating and Cooling System

Community Details

  • Not Applicable 1007242 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 8516034009

Home Details

Home Type

Single Family

Year Built

Built in 1901

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: MORH*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8516034009
  • Year Built: 1901
  • Special Features: None

Interior Features

  • Living Area: 1514.00
  • Flooring: Laminate, Carpet
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Price Per Square Foot: 457.43
  • Room Type: Living Room, Sun, Master Bathroom

Exterior Features

  • Patio: Yes
  • Other Structures: Guest House
  • Patio And Porch Features: Rear Porch, Front Porch

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage - Two Door, Garage Door Opener
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Appliances: Refrigerator
  • Heating Type: Central
  • Cooling: Central Air
  • Cooling: Yes

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 8060.00

Multi Family

  • Lease Considered: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 22, 2021
Sold by
Elaine F Noll Trust
Bought by
Margaret Marks Trust and Marks
Current Estimated Value
$946,318

Purchase Details

Closed on
Jun 17, 2021
Sold by
Glen Millbank Living Trust
Bought by
Margaret Marks Revocable Trust and Marks

Purchase Details

Closed on
Jun 18, 2015
Sold by
Milbank Glen H
Bought by
Millbank Glen H and The Glen Millbank Living Trust

Purchase Details

Closed on
Apr 4, 2008
Sold by
Noll Elaine F
Bought by
Noll Elaine F and The Elaine F Noll Trust

Purchase Details

Closed on
Mar 21, 2008
Sold by
Millbank Glen H
Bought by
Noll Elaine F

Purchase Details

Closed on
Nov 2, 1998
Sold by
Marks Margaret A
Bought by
Marks Margaret and Margaret Marks Trust
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

Date Buyer Sale Price Title Company
Margaret Marks Trust $181,500 None Listed On Document
Margaret Marks Revocable Trust $181,500 Orange Coast Title
Millbank Glen H -- None Available
Noll Elaine F -- None Available
Noll Elaine F -- None Available
Marks Margaret -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2017 01/04/17 Sold $692,550 0.0% $457 / Sq Ft
08/24/2016 08/24/16 Pending -- -- --
08/08/2016 08/08/16 For Sale $692,550 -- $457 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $6,461 $454,374 $270,378 $183,996
2024 $6,461 $445,466 $265,077 $180,389
2023 $6,317 $436,732 $259,880 $176,852
2022 $6,140 $428,170 $254,785 $173,385
2021 $2,706 $157,393 $68,544 $88,849
2020 $2,639 $155,780 $67,842 $87,938
2019 $2,599 $152,726 $66,512 $86,214
2018 $1,642 $82,872 $41,982 $40,890
2016 $1,578 $79,655 $40,352 $39,303
2015 $1,538 $78,459 $39,746 $38,713
2014 $1,538 $76,923 $38,968 $37,955
Source: Public Records

Agents Affiliated with this Home

  • Ohanes 'Hovig' Dimejian CCIM

    Seller's Agent in 2017

    Ohanes 'Hovig' Dimejian CCIM

    Berkshire Hathaway Home Services Golden Properties

    (626) 797-7622

    24 Total Sales

    Ohanes 'Hovig' Dimejian CCIM
    Section Image
  • Megan Ferrell

    Buyer's Agent in 2017

    Megan Ferrell

    COMPASS

    (626) 243-4264

    7 in this area

    92 Total Sales

    Megan Ferrell
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-316007435

Pasadena-Foothills Association of REALTORS®

APN: 8516-031-006

California Los Angeles County Monrovia 91016

228 E Olive Ave, Monrovia, CA

Not Listed for Sale

Detached

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