NOT LISTED FOR SALE

240 W Lime Ave Monrovia, CA 91016

Estimated Value: $1,139,000 - $1,572,000

3 Beds
5 Baths
2,788 Sq Ft
$516/Sq Ft Est. Value

Last Sold January 16, 2017

Last sale price $857,000 $307 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $8,628/month

88 Days on Market

Highlights

  • Living Room with Fireplace
  • Tankless Water Heater
  • Central Heating and Cooling System
  • Monrovia High School Rated A

About This Home

As of January 2017

Prime location Craftsman style property in Monrovia. Walking distance to Old Town Monrovia. Two detached homes on the same lot. Permitted as 3 units. The front house with two units have been converted to one. The owner combined the two units and kept the two kitchens. You can easily turn it back to two units. Front house is a two story with 3 bedrooms and 4 baths. Living room, dining room, a finished attic upstairs that can be used as bedroom with half bath, central air/heat, tank less water heater and a deep garage that can accommodate 4 cars. Rear unit has 1 bedroom and 1 bath with 1 car garage. Great yard and the detached garage has alley access.

Last Agent to Sell the Property

Charles Picker

I.X.A. License #00414181 Listed on: 07/20/2016

Last Buyer's Agent

Anna Zadoorian

RE/MAX Signature License #01998368

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 0.27 Acre Lot

Home Design

  • Triplex
  • Asphalt Roof

Interior Spaces

  • 2,788 Sq Ft Home
  • Living Room with Fireplace
  • Gas And Electric Dryer Hookup

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 5 Bathrooms

Parking

  • 4 Car Garage
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window
  • Tankless Water Heater

Community Details

  • 2 Buildings

Listing and Financial Details

  • Assessor Parcel Number 8516-015-029

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0.27 Acres

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2788
  • Year Built: 1947
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Bedrooms: 3
  • Total Bathrooms: 5.00
  • Equipment: Dishwasher, Garbage Disposal, Gas Or Electric Dryer Hookup, Range/Oven
  • Price Per S Q F T: 310.26

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • Roof: Asphalt
  • View: No

Garage/Parking

  • Parking Garage: Driveway, Garage - 4+ Car
  • Total Parking: 5

Utilities

  • Water Heater: Tankless
  • Cooling: Central, Wall/Window
  • Electric Expense: 2400.00
  • Heating: Central, Wall
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Number Water Meters: 1
  • Water Expense: 360.00

Fee Information

  • Gas Expense: 980.00
  • Trash Expense: 480.00

Lot Info

  • Assessed Improvement Value: 214317
  • Assessed Land Value: 169570
  • Assessor Parcel Number: 8516-015-029
  • Geocode Override: No
  • Lot Size Area: 11956

Rental Info

  • Rent Control: No

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 1
  • Type Of Units: Triplex

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 20, 2018
Sold by
Le Dung Phuoc and Le Thanhmai Thi
Bought by
Le Dung Phuoc and Le Thanh Mai Thi
Current Estimated Value
$1,439,790

Purchase Details

Closed on
Nov 1, 2016
Sold by
Le Dung Phuoc
Bought by
Le Thanhmai Thi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$642,750
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 14, 2016
Sold by
Borchers Brian E
Bought by
Le Dung Phuoc and Le Thanhmai Thi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$642,750
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 6, 2007
Sold by
Borchers Brian E and Borchers Tricia A
Bought by
Borchers Brian E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 1999
Sold by
Borchers Harold C and Borchers Hiedi
Bought by
Borchers Brian E and Borchers Tricia A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,605
Interest Rate
6.92%
Mortgage Type
FHA
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
Le Dung Phuoc -- None Available
Le Thanhmai Thi -- Fidelity National Title Co
Le Dung Phuoc -- Fidelity National Title Co
Le Dung Phuoc $857,000 Fidelity National Title Co
Borchers Brian E -- Commonwealth Land Title Co
Borchers Brian E $210,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Le Dung Phuoc $642,750
Previous Owner Borchers Brian E $600,000
Previous Owner Borchers Brian E $208,605
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/16/2017 01/16/17 Sold $857,000 -0.9% $307 / Sq Ft
10/16/2016 10/16/16 Pending -- -- --
07/20/2016 07/20/16 For Sale $865,000 -- $310 / Sq Ft
Source: The MLS

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 $13,646 $994,615 $398,078 $596,537
2024 $13,646 $975,114 $390,273 $584,841
2023 $13,339 $955,995 $382,621 $573,374
2022 $12,958 $937,251 $375,119 $562,132
2021 $12,702 $918,874 $367,764 $551,110
2020 $12,321 $909,454 $363,994 $545,460
2019 $12,106 $891,622 $356,857 $534,765
2018 $11,781 $874,140 $349,860 $524,280
2016 $5,764 $389,740 $172,155 $217,585
2015 $5,645 $383,887 $169,570 $214,317
2014 $5,605 $376,368 $166,249 $210,119
Source: Public Records

Agents Affiliated with this Home

  • Charles Picker

    Seller's Agent in 2017

    Charles Picker

    I.X.A.

    (626) 893-0277

    7 in this area

    137 Total Sales

    Charles Picker
    Section Image

  • A

    Buyer's Agent in 2017

    Anna Zadoorian

    RE/MAX

  • M

    Buyer's Agent in 2017

    Marguerite Chan

See All Agents

Map

Source: The MLS

MLS Number: 16-145846

The MLS

APN: 8516-015-029

California Los Angeles County Monrovia 91016

240 W Lime Ave, Monrovia, CA

Not Listed for Sale

MultiFamily

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The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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