Seller's Agent in 2024
Megan Ferrell
COMPASS
(626) 243-4264
7 in this area
92 Total Sales
228 W Olive Ave Monrovia, CA 91016
Estimated Value: $1,160,000 - $1,371,000
3
Beds
3
Baths
1,553
Sq Ft
$828/Sq Ft
Est. Value
Highlights
- Primary Bedroom Suite
- Mountain View
- Wood Flooring
- Monrovia High School Rated A
- Deck
- Victorian Architecture
About This Home
As of April 2024Welcome to 228 W Olive Ave. Built in 1887, this Eastlake Victorian resides in one of Monrovia's most desired neighborhoods. Featuring 3 bedrooms and 2 bathrooms, a versatile guest house, and a spacious 3-car garage, the restored residence blends historic charm with modern amenities. Generously sized windows and high-beam ceilings allow natural light to abundantly fill the living room and bedrooms. Additional period details, such as custom woodwork and original hardwood floors, impressively convey the grandeur of the Victorian era. Other home improvements include a reinforced sister-wall foundation, a new HVAC system, and a wonderfully restored front porch. The professionally landscaped backyard is an entertainer's dream with its large deck and stone patio perfectly shaded by mature trees and surrounded by lush plantings. The recently updated guest house, complete with a full kitchen and bathroom, features new flooring, stainless steel appliances, and a new bathroom vanity, mirror, and lighting. In 2019, the City of Monrovia historically landmarked the property and awarded a Mills Act contract, providing significant property tax savings. Located near the shops and restaurants of Downtown Monrovia, this home combines modern convenience with historical character and that small-town feel.
Last Agent to Sell the Property
COMPASS Brokerage Email: megan.ferrell@compass.com License #01705291 Listed on: 03/19/2024
Home Details
Home Type
- Single Family
Year Built
- Built in 1887
Lot Details
- 8,060 Sq Ft Lot
- Wood Fence
- Front and Back Yard Sprinklers
Parking
- 3 Car Garage
- Parking Available
- Three Garage Doors
Home Design
- Victorian Architecture
- Shingle Roof
- Composition Roof
Interior Spaces
- 1,553 Sq Ft Home
- 1-Story Property
- Crown Molding
- Wainscoting
- High Ceiling
- Living Room
- Dining Room
- Mountain Views
- Laundry Room
Kitchen
- Gas Range
- Freezer
- Dishwasher
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- Primary Bedroom Suite
- Jack-and-Jill Bathroom
- Tile Bathroom Countertop
- Bathtub with Shower
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Deck
- Patio
- Front Porch
Utilities
- Forced Air Heating and Cooling System
- Tankless Water Heater
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 7
- Tax Tract Number 431100
- Assessor Parcel Number 8516034009
Matterport 3D Tour
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 19, 2024
Closed on
Apr 2, 2024
Sold by
Ferrell Family Trust and Ferrell John Ohara
Bought by
288 Olive Llc
Seller's Agent
Megan Ferrell
COMPASS
Buyer's Agent
Daniel Wright
Rodeo Realty
List Price
$1,298,000
Sold Price
$1,298,000
Views
49
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$12,857
Avg. Annual Appreciation
-0.57%
Purchase Details
Closed on
Aug 14, 2018
Sold by
Ferrell John O Hara
Bought by
Ferrell John O Hara and Ferrell Megan Dawn
Purchase Details
Closed on
Oct 3, 2016
Sold by
Brooke Grayson T
Bought by
Ferrell John O Hara and Ferrell Megan Dawn
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$667,790
Interest Rate
3.42%
Mortgage Type
VA
Purchase Details
Closed on
Mar 26, 2013
Sold by
Brooke Grayson T
Bought by
Brooke Grayson T and Grayson T Brooke Living Trust
Purchase Details
Closed on
Apr 9, 2012
Sold by
Brooke Grayson T
Bought by
Brooke Grayson T and Grayson T Brooke Living Trust
Purchase Details
Closed on
Aug 20, 2010
Sold by
Brooke Mary C
Bought by
Brooke Mary C and Mary C Brooke Living Trust
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,000
Interest Rate
4.51%
Mortgage Type
New Conventional
Purchase Details
Closed on
Aug 10, 2010
Sold by
Brooke Mary C
Bought by
Brooke Mary C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$367,000
Interest Rate
4.51%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 3, 2009
Sold by
Brooke Mary Catherine
Bought by
Brooke Mary C and Mary C Brooke Living Trust
Purchase Details
Closed on
May 15, 2006
Sold by
Thomas Barry N
Bought by
Brooke Mary Catherine
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.55%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Jan 10, 2002
Sold by
Mcgowan Sharon
Bought by
Thomas Barry N and Thomas Nanci A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
7.15%
Purchase Details
Closed on
Apr 14, 1999
Sold by
Mushet Antoinette M
Bought by
Mcgowan Sharon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
6.96%
Purchase Details
Closed on
Jun 23, 1997
Sold by
Mushet Antoinette M
Bought by
Cardenas Julian and Mushet Antoinette M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$186,000
Interest Rate
7%
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 288 Olive Llc | $1,298,000 | Lawyers Title Company | |
| Ferrell John O Hara | -- | None Available | |
| Ferrell John O Hara | $693,000 | Fidelity Sherman Oaks | |
| Brooke Grayson T | -- | None Available | |
| Brooke Grayson T | -- | None Available | |
| Brooke Grayson T | -- | None Available | |
| Brooke Grayson T | -- | None Available | |
| Brooke Mary C | -- | None Available | |
| Brooke Mary C | -- | Lawyers Title | |
| Brooke Mary C | -- | None Available | |
| Brooke Mary Catherine | $640,000 | Chicago Title Co | |
| Thomas Barry N | $280,000 | American Title Co | |
| Mcgowan Sharon | $260,000 | Chicago Title | |
| Cardenas Julian | -- | Provident Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ferrell John O Hara | $667,790 | |
| Previous Owner | Brooke Mary C | $367,000 | |
| Previous Owner | Brooke Mary Catherine | $312,000 | |
| Previous Owner | Thomas Barry N | $224,000 | |
| Previous Owner | Mcgowan Sharon | $208,000 | |
| Previous Owner | Cardenas Julian | $186,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/16/2024 04/16/24 | Sold | $1,298,000 | 0.0% | $836 / Sq Ft |
| 03/30/2024 03/30/24 | Pending | -- | -- | -- |
| 03/18/2024 03/18/24 | For Sale | $1,298,000 | -- | $836 / Sq Ft |
Source: Pasadena-Foothills Association of REALTORS®
Tax History Compared to Growth
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 | $6,512 | $1,323,960 | $1,020,000 | $303,960 |
| 2024 | $6,512 | $468,119 | $258,900 | $209,219 |
| 2023 | $4,436 | $308,000 | $218,000 | $90,000 |
| 2022 | $3,995 | $277,000 | $196,000 | $81,000 |
| 2021 | $3,832 | $267,000 | $188,800 | $78,200 |
| 2019 | $3,459 | $243,000 | $171,900 | $71,100 |
| 2018 | $3,598 | $260,000 | $183,900 | $76,100 |
| 2016 | $5,355 | $402,825 | $253,155 | $149,670 |
| 2015 | $5,237 | $396,775 | $249,353 | $147,422 |
| 2014 | $5,185 | $389,004 | $244,469 | $144,535 |
Source: Public Records
Agents Affiliated with this Home
-
Megan Ferrell
-
Daniel Wright
D
Buyer's Agent in 2024
Daniel Wright
Rodeo Realty
(818) 519-9714
1 in this area
7 Total Sales
Map
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P1-16897
APN: 8516-034-009
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Nearby Homes
- 717 S Magnolia Ave
- 311 W Walnut Ave
- 421 W Colorado Blvd
- 148 W Cherry Ave
- 334 Linwood Ave
- 267 Linwood Ave Unit E
- 418 E Olive Ave
- 516 Linwood Ave
- 422 Almond Ave
- 214 Violet Ave Unit E
- 137 N Myrtle Ave
- 401 E Cherry Ave
- 755 W Colorado Blvd
- 128 N Ivy Ave
- 221 Violet Ave
- 1614 S Mayflower Ave Unit B
- 1408 S California Ave Unit C
- 135 El Nido Ave
- 208 Highland Place
- 902 W Olive Ave
- 224 W Olive Ave
- 230 W Olive Ave
- 220 W Olive Ave
- 236 W Olive Ave
- 216 W Olive Ave
- 240 W Olive Ave
- 218 W Olive Ave
- 227 W Walnut Ave
- 231 W Walnut Ave
- 221 W Walnut Ave
- 244 W Olive Ave
- 212 W Olive Ave
- 231 1/2 W Olive Ave
- 231 W Olive Ave
- 235 W Walnut Ave Unit B
- 235 W Walnut Ave
- 219 W Walnut Ave
- 214 W Olive Ave
- 227 W Olive Ave
- 239 W Walnut Ave