NOT LISTED FOR SALE

245 E Lime Ave Monrovia, CA 91016

Estimated Value: $1,336,000 - $1,534,000

8 Beds
4 Baths
3,552 Sq Ft
$412/Sq Ft Est. Value

Last Sold June 15, 2012

Last sale price $610,000 $172 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $8,863/month

242 Days on Market

Highlights

  • Mountain View
  • Cooling Available
  • Carpet
  • Mayflower Elementary School Rated A
  • Laundry Room
  • 2-minute walk to Rotary Park

About This Home

As of June 2012

Approved Short Sale for $610,000 Fourplex in the city of monrovia closer to the monrovia farmers market. All two bedrooms are spacious and it has wall a/c. Fantastic location to have an income property in the city of Monrovia and don't miss out this opportunity.Agents please see remarks for confidential information. Property to be sold together with 243 E. Lime ave. Buyer to be aware that there is an encroachment by each property @ the carports.

Last Agent to Sell the Property

Pushpa Nagaraj

COMPASS License #01306346 Listed on: 10/10/2011

COMPASS

Last Buyer's Agent

Yuling Lee

Treelane Realty Group Inc. License #01716174

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,921

Year Built

  • Built in 1962

Lot Details

  • 7,951 Sq Ft Lot

Parking

  • 2 Car Garage

Interior Spaces

  • 3,552 Sq Ft Home
  • Carpet
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Utilities

  • Cooling Available
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 8516
  • Assessor Parcel Number 8516011027

Community Details

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,921

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: Pai
  • Other Phone Number: 6263487358
  • View: Yes
  • Property Type: Residential Income
  • Parcel Number: 8516011027
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet
  • Price Per Square Foot: 171.73

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Cooling: Yes

Lot Info

  • Lot Size Sq Ft: 7951.00
  • Lot Size Acres: 0.1800

Multi Family

  • Lot Size Area: 7951.0000 Square Feet
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number Wall A C: 4
  • Rent Control: No

Tax Info

  • Tax Lot: 24
  • Tax Tract Number: 8516
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2012
Sold by
Tung Ta Cheng and Tung Tracy
Bought by
T & T Asset Holdng Llc
Current Estimated Value
$1,462,333

Purchase Details

Listed on
Oct 10, 2011
Closed on
Jun 8, 2012
Sold by
Raman Venkat and Raman Veena
Bought by
Tung Ta Cheng and Tung Tracy
Seller's Agent
Pushpa Nagaraj
COMPASS
Buyer's Agent
Yuling Lee
Treelane Realty Group Inc.
List Price
$599,000
Sold Price
$610,000
Premium/Discount to List
$11,000
1.84%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.74%

Purchase Details

Closed on
Nov 11, 2005
Sold by
Griffie Samuel L
Bought by
Raman Venkat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$648,750
Interest Rate
5.93%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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
T & T Asset Holdng Llc -- None Available
Tung Ta Cheng $610,000 Lawyers Title Company
Raman Venkat $865,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Raman Venkat $760,000
Previous Owner Raman Venkat $70,000
Previous Owner Raman Venkat $648,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/15/2012 06/15/12 Sold $610,000 +1.8% $172 / Sq Ft
06/08/2012 06/08/12 Pending -- -- --
10/10/2011 10/10/11 For Sale $599,000 -- $169 / 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 $10,921 $751,162 $492,568 $258,594
2024 $10,921 $736,434 $482,910 $253,524
2023 $10,684 $721,995 $473,442 $248,553
2022 $10,388 $707,839 $464,159 $243,680
2021 $10,178 $693,960 $455,058 $238,902
2019 $9,722 $673,378 $441,561 $231,817
2018 $9,460 $660,175 $432,903 $227,272
2016 $9,087 $634,542 $416,094 $218,448
2015 $8,896 $625,011 $409,844 $215,167
2014 $8,822 $612,769 $401,816 $210,953
Source: Public Records

Agents Affiliated with this Home

  • Pushpa Nagaraj

    Seller's Agent in 2012

    Pushpa Nagaraj

    COMPASS

    (626) 833-5206

    1 in this area

    42 Total Sales

    Pushpa Nagaraj
    Section Image
  • Yuling Lee

    Buyer's Agent in 2012

    Yuling Lee

    Treelane Realty Group Inc.

    (626) 993-4884

    42 Total Sales

    Yuling Lee
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: A11133286

California Regional Multiple Listing Service (CRMLS)

APN: 8516-011-027

California Los Angeles County Monrovia 91016

245 E Lime Ave, Monrovia, CA

This home is located at 245 E Lime Ave, Monrovia, CA 91016 since 10 October 2011 and is currently estimated at $1,462,333, approximately $411 per square foot. This property was built in 1962. 245 E Lime Ave is a home located in Los Angeles County with nearby schools including Mayflower Elementary School, Clifton Middle School, and Monrovia High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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