NOT LISTED FOR SALE

235 E Lemon Ave Monrovia, CA 91016

Estimated Value: $865,000 - $1,307,000

3 Beds
2 Baths
1,548 Sq Ft
$739/Sq Ft Est. Value

Last Sold March 30, 2018

Last sale price $780,000 $504 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $6,968/month

Highlights

  • Craftsman Architecture
  • No HOA
  • Central Heating and Cooling System
  • Mayflower Elementary School Rated A
  • Laundry Room
  • 3-minute walk to Rotary Park

About This Home

As of March 2018

Completely renovated craftsman duplex. Great location within walking distance to Old Town Monrovia. Each unit has a private backyard, plus alley access parking.

Last Agent to Sell the Property

Catherine Teegarden

Distinctive Properties License #01051774 Listed on: 03/30/2018

Last Buyer's Agent

Catherine Teegarden

Distinctive Properties License #01051774 Listed on: 03/30/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1905

Lot Details

  • 7,878 Sq Ft Lot
  • 1 Common Wall
  • Back Yard

Parking

  • 2 Open Parking Spaces
  • 1 Car Garage

Home Design

  • Craftsman Architecture
  • Property Attached

Interior Spaces

  • 1,548 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 21
  • Tax Tract Number 8516
  • Assessor Parcel Number 8516018020

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $1,200
  • Insurance Expense $825
  • Trash Expense $324
  • Water Sewer Expense $1,020
  • New Taxes Expense $9,750
  • Operating Expense $13,119
  • Gross Income $40,800
  • Net Operating Income $27,681

Property Details

Home Type

Multi-Family

Year Built

Built in 1905

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1020.00
  • Zoning: MORM*
  • Architectural Style: Craftsman
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 8516018020
  • Year Built: 1905
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 503.88

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 324.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 7878.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 40800.00
  • Gross Scheduled Income: 40800.00
  • Insurance Expense: 825.00
  • Net Operating Income: 27681.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 1
  • Number With Disposal: 2
  • Number With Range: 2
  • Operating Expense: 13119.00
  • Rent Control: No
  • Total Expenses: 13119.00

Tax Info

  • New Taxes Expense: 9750.00
  • Tax Census Tract: 4310.01
  • Tax Lot: 21
  • Tax Tract Number: 8516

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 8, 2024
Sold by
Wilshusen Caleb J and Wilshusen Paige K
Bought by
Wilshusen Family Trust and Wilshusen
Current Estimated Value
$1,144,396

Purchase Details

Listed on
Mar 30, 2018
Closed on
Mar 19, 2018
Sold by
Bertram Enterprises Llc
Bought by
Wilshusen Paige and Wilshusen Caleb
Seller's Agent
Catherine Teegarden
Distinctive Properties
Buyer's Agent
Catherine Teegarden
Distinctive Properties
List Price
$780,000
Sold Price
$780,000

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%
Original Mortgage
$663,000
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 8, 2014
Sold by
Bertram Felix and Bertram Birgit
Bought by
Bertram Enterprises Llc

Purchase Details

Closed on
Jul 7, 2014
Sold by
Ryan Eugene B and Albright Steven B
Bought by
Albright Steven B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 29, 2014
Sold by
Albright Steven B
Bought by
Bertram Felix and Bertram Birgit

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$337,500
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 27, 2007
Sold by
Ryan Eugene B and The Eugene B Ryan Family Trust
Bought by
Ryan Eugene B and Albright Steven B

Purchase Details

Closed on
Jul 1, 1998
Sold by
Ryan Eugene B
Bought by
Ryan Eugene B and The Eugene B Ryan Family Trust

Purchase Details

Closed on
Jan 11, 1996
Sold by
Albright Maxine M and Ryan Maxine M
Bought by
Ryan Maxine M and Ryan Eugene B
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wilshusen Family Trust -- None Listed On Document
Wilshusen Family Trust -- None Listed On Document
Wilshusen Paige $780,000 First American Title Company
Bertram Enterprises Llc -- None Available
Albright Steven B -- North American Title Co
Bertram Felix $450,000 North American Title Co
Ryan Eugene B -- None Available
Ryan Eugene B -- --
Ryan Maxine M -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Wilshusen Paige $663,000
Previous Owner Bertram Felix $337,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/30/2018 03/30/18 Sold $780,000 0.0% $504 / Sq Ft
03/30/2018 03/30/18 For Sale $780,000 -- $504 / 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 $11,873 $887,501 $354,999 $532,502
2024 $11,873 $870,100 $348,039 $522,061
2023 $11,607 $853,040 $341,215 $511,825
2022 $11,270 $836,315 $334,525 $501,790
2021 $11,051 $819,917 $327,966 $491,951
2019 $10,521 $795,600 $318,240 $477,360
2018 $6,586 $488,626 $422,506 $66,120
2016 $6,173 $456,862 $406,100 $50,762
2015 $6,038 $450,000 $400,000 $50,000
2014 $752 $29,557 $18,382 $11,175
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR18073865

California Regional Multiple Listing Service (CRMLS)

APN: 8516-018-020