Mike Chou
Responds Quickly
K.W. EXECUTIVE
(626) 653-4295
171 Total Sales
3 in Monrovia
$980K - $999K Price Range
241 E Lemon Ave Monrovia, CA 91016
Monrovia AreaEstimated Value: $1,150,000 - $1,497,753
4
Beds
4
Baths
2,212
Sq Ft
$587/Sq Ft
Est. Value
Highlights
- Foothills
- Central Air
- 1-Story Property
- Mayflower Elementary School Rated A
- Back Yard
- 3-minute walk to Rotary Park
About This Home
As of May 2022Excellent duplex located in the heart of Monrovia. Both units are single-story 2 bedroom/2 baths, each with its own fireplace and private yard. Each unit has central heat and air as well as washer and dryer hook-ups. There are 5 car garages(2/2/1) in a detached building in the rear which provides a perfect opportunity for a potential ADU conversion. The property is within walking distance (2 blocks) to downtown Monrovia which offers shopping and dining and has a Walk Score of 90. Conveniently located within walking distance to the Goldline Station and near the 210 and 605 freeways. Each unit is separately metered for gas and electricity. This is a great investment for a first-time investor or a seasoned investor looking to add a prime location to their portfolio.
Last Agent to Sell the Property
VOSBERG & ASSOCIATES License #01398088 Listed on: 04/07/2022
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1911
Lot Details
- 7,970 Sq Ft Lot
- 1 Common Wall
- Back Yard
Parking
- 5 Car Garage
Home Design
- Property Attached
Interior Spaces
- 2,212 Sq Ft Home
- 1-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 4 Bedrooms
- 4 Bathrooms
Utilities
- Central Air
Listing and Financial Details
- Legal Lot and Block 23 / H
- Assessor Parcel Number 8516018022
Community Details
Overview
- 2 Buildings
- 2 Units
- Foothills
Amenities
- Laundry Facilities
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,500
- Insurance Expense $1,472
- Trash Expense $838
- Water Sewer Expense $2,075
- New Taxes Expense $13,800
- Operating Expense $19,685
- Gross Income $41,400
- Net Operating Income $21,715
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 7, 2022
Closed on
May 17, 2022
Sold by
Douglas And Tricia Gabriel Family Trust
Bought by
Seller's Agent
Brian Vosberg
VOSBERG & ASSOCIATES
Buyer's Agent
David Tsai
SGVAPARTMENTS.COM INC
List Price
$1,150,000
Sold Price
$1,200,000
Premium/Discount to List
$50,000
4.35%
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
$43,522
Avg. Annual Appreciation
1.87%
Original Mortgage
$720,000
Outstanding Balance
$670,883
Interest Rate
4.72%
Mortgage Type
New Conventional
Estimated Equity
$628,555
Purchase Details
Closed on
Jan 4, 2019
Sold by
Gabriel Douglas B and Gabriel Tricia K
Bought by
Gabriel Douglas B and Gabriel Tricia K
Purchase Details
Closed on
Aug 23, 2016
Sold by
Gabriel George Carl
Bought by
Gabriel Douglas B and Gabriel Tricia K
Purchase Details
Closed on
Jan 28, 2016
Sold by
Gabriel George Carl
Bought by
Gabriel George Carl and Gabriel Family Trust Of 1995
Purchase Details
Closed on
Dec 8, 1999
Sold by
Meyer Leroy J
Bought by
Gabriel George Carl and Gabriel Vera Ananian
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$91,500
Interest Rate
4.35%
Purchase Details
Closed on
Oct 7, 1993
Sold by
Kreinbring David B
Bought by
Meyer Leroy J and Meyer Helga
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Monrovia, CA
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Mike Chou
-
Nicola Speranta
Nicola Speranta
Compass
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Herman Nijjar
HN
Herman Nijjar
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-
Hilda Hernandez
Hilda Hernandez
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-
Giusy Mele-Brown
Giusy Mele-Brown
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61 Total Sales
1 in Monrovia
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Marcille Dilsaver Hughes
Marcille Dilsaver Hughes
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(323) 310-4703
40 Total Sales
2 in Monrovia
$1,459,000 Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,200,000 | First American Title Company O | ||
| Gabriel Douglas B | -- | None Available | |
| Gabriel Douglas B | $550,000 | Lawyers Title La | |
| Gabriel George Carl | -- | None Available | |
| Gabriel George Carl | $260,000 | Progressive Title Company | |
| Meyer Leroy J | $107,500 | Title Land Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $720,000 | ||
| Previous Owner | Gabriel George Carl | $86,000 | |
| Previous Owner | Gabriel George Carl | $91,500 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/19/2022 05/19/22 | Sold | $1,200,000 | +4.3% | $542 / Sq Ft |
| 04/16/2022 04/16/22 | Pending | -- | -- | -- |
| 04/07/2022 04/07/22 | For Sale | $1,150,000 | -- | $520 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $17,230 | $1,298,917 | $974,188 | $324,729 |
| 2025 | $17,230 | $1,273,449 | $955,087 | $318,362 |
| 2024 | $16,831 | $1,248,480 | $936,360 | $312,120 |
| 2023 | $16,444 | $1,224,000 | $918,000 | $306,000 |
| 2022 | $5,564 | $376,545 | $217,238 | $159,307 |
| 2021 | $5,450 | $369,163 | $212,979 | $156,184 |
| 2019 | $5,207 | $358,215 | $206,663 | $151,552 |
| 2018 | $5,033 | $351,192 | $202,611 | $148,581 |
| 2016 | $4,831 | $337,557 | $194,745 | $142,812 |
| 2015 | $4,729 | $332,487 | $191,820 | $140,667 |
| 2014 | $4,691 | $325,975 | $188,063 | $137,912 |
Source: Public Records
Agents Affiliated with this Home
-
Brian Vosberg
BV
Seller's Agent in 2022
Brian Vosberg
VOSBERG & ASSOCIATES
(626) 358-5458
5 Total Sales
-
David Tsai
DT
Buyer's Agent in 2022
David Tsai
SGVAPARTMENTS.COM INC
(626) 318-7778
3 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV22069487
APN: 8516-018-022
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.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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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