NOT LISTED FOR SALE

241 Valle Vista Ave Monrovia, CA 91016

Estimated Value: $890,037 - $1,297,000

3 Beds
2 Baths
1,340 Sq Ft
$788/Sq Ft Est. Value

Last Sold March 24, 2020

Last sale price $710,000 $530 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $6,561/month

37 Days on Market

Highlights

  • Guest House
  • Mountain View
  • No HOA
  • Clifton Middle School Rated A-
  • Lawn
  • Cooling System Mounted To A Wall/Window

About This Home

As of March 2020

Rare 2 on a lot in excellent North Monrovia location. The front house was built in the '30s and the separate rear house approximately 960 sq ft was built in 1968 (permitted as a guest house). So many options! Perfect for live in one and rent the other, long-term or short-term. Front house updated recently with new counters, cabinets, and sink in the kitchen, newer floors, newer paint inside and out. Rear house with updated bathroom. Large yard with lots of potential. Safe and quiet neighborhood, up and coming school district with Dual-immersion programs, short distance to park, within close proximity to hiking trails, restaurants, shopping, Old Town Monrovia and 210 freeway. Move-in ready!

Last Agent to Sell the Property

Sylva Khayalian

Redfin Corporation License #01323217 Listed on: 01/22/2020

Redfin Corporation

Last Buyer's Agent

Judy Graff

Judy Graff Properties License #01244300

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,235

Year Built

  • Built in 1939

Lot Details

  • 6,226 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Lawn
  • Front Yard

Home Design

  • Duplex
  • Bungalow
  • Turnkey
  • Raised Foundation
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,340 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Family or Dining Combination
  • Library
  • Laminate Flooring
  • Mountain Views

Kitchen

  • Convection Oven
  • Gas Range
  • Free-Standing Range
  • Microwave

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Gas And Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • Carport
  • Parking Available
  • Driveway

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Gas Water Heater

Additional Features

  • Exterior Lighting
  • Guest House

Community Details

  • No Home Owners Association
  • 2 Units

Listing and Financial Details

  • Legal Lot and Block 11 / A
  • Assessor Parcel Number 8518010004

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,235

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Inclusions: Stove, microwave, washer/dryer
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: MORL*
  • Architectural Style: Bungalow
  • Property Condition: Turnkey
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 8518010004
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1340.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: In Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 529.85
  • Room Type: Kitchen, Library, Living Room
  • Bathroom Features: Shower In Tub

Exterior Features

  • Foundation: Raised
  • Other Structures: Guest House
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Asphalt, Shingle
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Carport, Driveway

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Convection Oven, Free-Standing Range, Gas Range, Gas Water Heater, Microwave, Water Heater
  • Heating Type: Wall Furnace, Electric
  • Laundry Features: Gas & Electric Dryer Hookup, Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Monrovia Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Walkstreet
  • Lot Size Sq Ft: 6226.00
  • Lot Size Acres: 0.1429

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6226.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: A
  • Tax Census Tract: 4303.02
  • Tax Lot: 11

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 22, 2020
Closed on
Mar 17, 2020
Sold by
Ketchedjian Krikor
Bought by
Ketchedjian Nayiri
Seller's Agent
Sylva Khayalian
Redfin Corporation
Buyer's Agent
Judy Graff
Judy Graff Properties
List Price
$729,000
Sold Price
$710,000
Premium/Discount to List
-$19,000
-2.61%
Current Estimated Value
$1,055,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$345,759
Avg. Annual Appreciation
7.45%
Original Mortgage
$532,500
Outstanding Balance
$472,752
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$578,845

Purchase Details

Listed on
Jan 22, 2020
Closed on
Mar 10, 2020
Sold by
Zhang Fand
Bought by
Ketchedjian Nayiri
Seller's Agent
Sylva Khayalian
Redfin Corporation
Buyer's Agent
Judy Graff
Judy Graff Properties
List Price
$729,000
Sold Price
$710,000
Premium/Discount to List
-$19,000
-2.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$532,500
Outstanding Balance
$472,752
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$578,845

Purchase Details

Closed on
Mar 9, 2012
Sold by
Georges Jennifer and The Sharon Stockley Revocable
Bought by
Zhang Fang

Purchase Details

Closed on
Aug 8, 2002
Sold by
Stockley Sharon Ann and Stockley Sharon A
Bought by
Stockley Sharon and Sharon Stockley Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$90,000
Interest Rate
5.56%
Mortgage Type
Unknown
Source: Public Records

Range of Values:

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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
Ketchedjian Nayiri -- Equity Title Company
Ketchedjian Nayiri $710,000 Equity Title Company
Zhang Fang $275,000 Provident Title Company
Zhang Fang -- Provident Title Company
Stockley Sharon -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ketchedjian Nayiri $532,500
Previous Owner Zhang Fang $100,000
Previous Owner Stockley Sharon Ann $90,000
Previous Owner Stockley Sharon Ann $113,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2020 03/24/20 Sold $710,000 -2.6% $530 / Sq Ft
02/28/2020 02/28/20 Pending -- -- --
01/22/2020 01/22/20 For Sale $729,000 -- $544 / 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 $10,235 $786,368 $621,189 $165,179
2024 $10,235 $761,260 $609,009 $152,251
2023 $9,996 $746,334 $597,068 $149,266
2022 $9,703 $731,701 $585,361 $146,340
2021 $9,519 $717,355 $573,884 $143,471
2020 $4,267 $315,831 $287,123 $28,708
2019 $4,192 $309,640 $281,494 $28,146
2018 $4,086 $303,570 $275,975 $27,595
2016 $3,934 $291,783 $265,259 $26,524
2015 $3,848 $287,401 $261,275 $26,126
2014 $3,811 $281,772 $256,157 $25,615
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF20015540

California Regional Multiple Listing Service (CRMLS)

APN: 8518-010-004