NOT LISTED FOR SALE

231 E Colorado Blvd Monrovia, CA 91016

Estimated Value: $910,000 - $1,147,013

3 Beds
2 Baths
1,831 Sq Ft
$561/Sq Ft Est. Value

Last Sold August 05, 2020

Last sale price $680,000 $371 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $6,215/month

46 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Floor Furnace
  • Mayflower Elementary School Rated A
  • Laundry Room
  • 4-minute walk to Rotary Park

About This Home

As of August 2020

2 Units in Monrovia! Great Investment Opportunity! Location, location, location! Because of the COVID-19 this is a "DRIVE BY ONLY" The front unit consists of a two bedroom one bath, with original hard wood floors, fireplace in living, separate dining room also has a bonus room. Back unit has a 1bed 1bath with its own separate back entrance. Needs some TLC.

Last Agent to Sell the Property

Esther Leija

Synergy Real Estate License #01156867 Listed on: 04/20/2020

Last Buyer's Agent

Esther Leija

Synergy Real Estate License #01156867 Listed on: 04/20/2020

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 8,024 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • Cosmetic Repairs Needed
  • Fixer Upper
  • Composition Roof

Interior Spaces

  • 1,831 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Outdoor Features

  • Exterior Lighting

Utilities

  • Floor Furnace
  • Water Heater

Listing and Financial Details

  • Legal Lot and Block 20 / J
  • Tax Tract Number 4310
  • Assessor Parcel Number 8516021019

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $360
  • Water Sewer Expense $500
  • Operating Expense $860

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • View: No
  • Water Sewer Expenses: 500.00
  • Zoning: MORM*
  • Property Condition: Fixer, Repairs Cosmetic
  • Property Type: Residential Income
  • Parcel Number: 8516021019
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 371.38

Exterior Features

  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Water Heater
  • Heating Type: Floor Furnace
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 360.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 8024.00
  • Lot Size Acres: 0.1842

Multi Family

  • Gross Scheduled Income: 4500.00
  • Lot Size Area: 8024.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 150.00
  • Rent Control: No
  • Total Actual Rent: 4550.00
  • Total Expenses: 860.00

Tax Info

  • Tax Block: J
  • Tax Census Tract: 4310.01
  • Tax Lot: 20
  • Tax Tract Number: 4310.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 20, 2020
Closed on
Jul 9, 2020
Sold by
Flores Rose M and Amparan Joe P
Bought by
Feng Esther
Seller's Agent
Esther Leija
Synergy Real Estate
Buyer's Agent
Esther Leija
Synergy Real Estate
List Price
$724,900
Sold Price
$680,000
Premium/Discount to List
-$44,900
-6.19%
Current Estimated Value
$1,026,503

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$346,503
Avg. Annual Appreciation
7.91%
Original Mortgage
$420,000
Outstanding Balance
$372,428
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$654,075

Purchase Details

Closed on
Dec 30, 2016
Sold by
Amparan Arthur and Campos Graciela
Bought by
Flores Rose Mary and Amparan Joe P

Purchase Details

Closed on
Oct 11, 2016
Sold by
Flores Jesus L
Bought by
Flores Rose Mary

Purchase Details

Closed on
Sep 22, 2016
Sold by
Flores Rose Mary and Amparan Emilio P
Bought by
Flores Rose Mary and Amparan Jose P

Purchase Details

Closed on
Apr 12, 2011
Sold by
Amparan Emilio P
Bought by
Amparan Emilio P and The Emilio P Amparan 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
Feng Esther $680,000 Chicago Title Company
Flores Rose Mary -- None Available
Flores Rose Mary -- Orange Coast Title Company
Flores Rose Mary -- Orange Coast Title Company
Amparan Emilio P -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Feng Esther $420,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2020 08/05/20 Sold $680,000 -6.2% $371 / Sq Ft
04/20/2020 04/20/20 For Sale $724,900 -- $396 / 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 $10,042 $736,052 $432,972 $303,080
2024 $10,042 $721,621 $424,483 $297,138
2023 $9,815 $707,472 $416,160 $291,312
2022 $9,533 $693,600 $408,000 $285,600
2021 $9,346 $680,000 $400,000 $280,000
2020 $8,525 $629,377 $518,313 $111,064
2019 $8,376 $617,037 $508,150 $108,887
2018 $8,159 $604,939 $498,187 $106,752
2016 $951 $33,714 $20,066 $13,648
2015 $935 $33,208 $19,765 $13,443
2014 $941 $32,558 $19,378 $13,180
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2020

    Esther Leija

    Synergy Real Estate

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20077138

California Regional Multiple Listing Service (CRMLS)

APN: 8516-021-019

California Los Angeles County Monrovia 91016

231 E Colorado Blvd, Monrovia, CA

Not Listed for Sale

MultiFamily

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