Seller's Agent in 2024
Sue Bernstein
Rodeo Realty
(818) 613-2468
2 in this area
30 Total Sales
245 W Cherry Ave Monrovia, CA 91016
Estimated Value: $943,898 - $1,006,000
4
Beds
2
Baths
1,612
Sq Ft
$601/Sq Ft
Est. Value
Highlights
- No HOA
- Laundry Room
- Back and Front Yard
- Monrovia High School Rated A
- Wall Furnace
- 1-Story Property
About This Home
As of November 2024Multiple offers. Best & Final offers must be submitted no later than 5 pm on October 25th. Trust Sale, court confirmation NOT required. Don't miss this well priced and beautifully maintained duplex located in the heart of Monrovia. Unit 245 consists of 2 bedrooms and 1 bath. An individual laundry room is located off the kitchen. Has own rear yard. Unit 247 has also 2 bedrooms, 1 bath and a laundry room off the kitchen. Besides its own rear yard there is also a side patio and additional storage unit. Sold AS IS. Also for sale by the trust is a 4 plex at 834 W. Walnut, $1,299,000.
Last Agent to Sell the Property
Rodeo Realty Brokerage Phone: 818 613-2468 License #01068367 Listed on: 10/11/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1952
Lot Details
- 8,629 Sq Ft Lot
- 1 Common Wall
- Back and Front Yard
Parking
- 2 Car Garage
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 1,612 Sq Ft Home
- 1-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Utilities
- Wall Furnace
- Septic Type Unknown
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 1
- Tax Tract Number 7824
- Assessor Parcel Number 8508001056
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- Insurance Expense $6,547
- Trash Expense $3,060
- Water Sewer Expense $2,459
- Operating Expense $15,946
- Gross Income $40,584
- Net Operating Income $24,638
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 11, 2024
Closed on
Nov 1, 2024
Sold by
Schneider Family Trust and Matejic Alexandra
Bought by
Montazeri Mehrnoosh and Jadid Ali
Seller's Agent
Sue Bernstein
Rodeo Realty
List Price
$899,000
Sold Price
$922,000
Premium/Discount to List
$23,000
2.56%
Views
29
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
$47,475
Avg. Annual Appreciation
4.67%
Original Mortgage
$553,200
Outstanding Balance
$548,016
Interest Rate
6.44%
Mortgage Type
New Conventional
Estimated Equity
$421,459
Purchase Details
Closed on
Jun 11, 2001
Sold by
Loufek Lynn Frank and Loufek Bertie Dian
Bought by
Schneider Dora and The Schneider Family Trust
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Montazeri Mehrnoosh | $922,000 | Progressive Title Company | |
| Montazeri Mehrnoosh | $922,000 | Progressive Title Company | |
| Schneider Dora | $233,000 | Southland Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Montazeri Mehrnoosh | $553,200 | |
| Closed | Montazeri Mehrnoosh | $553,200 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/27/2024 11/27/24 | Sold | $922,000 | +2.6% | $572 / Sq Ft |
| 10/29/2024 10/29/24 | Pending | -- | -- | -- |
| 10/11/2024 10/11/24 | For Sale | $899,000 | -- | $558 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $5,102 | $922,000 | $553,000 | $369,000 |
| 2024 | $5,102 | $337,442 | $144,824 | $192,618 |
| 2023 | $4,991 | $330,827 | $141,985 | $188,842 |
| 2022 | $4,853 | $324,341 | $139,201 | $185,140 |
| 2021 | $4,756 | $317,982 | $136,472 | $181,510 |
| 2019 | $4,547 | $308,552 | $132,425 | $176,127 |
| 2018 | $4,398 | $302,503 | $129,829 | $172,674 |
| 2016 | $4,226 | $290,759 | $124,789 | $165,970 |
| 2015 | $4,138 | $286,392 | $122,915 | $163,477 |
| 2014 | $4,107 | $280,783 | $120,508 | $160,275 |
Source: Public Records
Agents Affiliated with this Home
-
Sue Bernstein
-
Cathleen Cull
Buyer Co-Listing Agent in 2024
Cathleen Cull
Rodeo Realty
(310) 429-6791
1 in this area
51 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR24210688
APN: 8508-001-056
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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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