NOT LISTED FOR SALE

247 W Cypress Ave Monrovia, CA 91016

Estimated Value: $958,934 - $1,047,000

4 Beds
3 Baths
1,619 Sq Ft
$623/Sq Ft Est. Value

Last Sold October 03, 2019

Last sale price $670,750 $414 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $6,440/month

29 Days on Market

Highlights

  • Primary Bedroom Suite
  • Gated Community
  • Eat-In Kitchen
  • Monrovia High School Rated A
  • 2 Car Attached Garage
  • Built-In Features

About This Home

As of October 2019

This is a well-maintained detached PUD residing in a gated community of seven PUDs. Close to downtown Monrovia, shopping centers, and schools. Walking distance to the Monrovia Restaurant Row. South-facing. High ceiling in living room, with fireplace. Downstairs level features one bedroom with 3/4 bathroom. Beautiful kitchen opens to a formal dinning area. Sliding door goes out to a private back yard. Upstairs, there are 3 bedrooms with 2 bathrooms, plus a loft that can be used as a study area. The attached 2 car garage includes a built-in EV charging outlet for Teslas and other electric cars. Bright and airy, this property is a must-see.

Last Agent to Sell the Property

carol li

FIDELITY REALTORS License #00906211 Listed on: 07/25/2019

Last Buyer's Agent

Meng Chuan Tsai

IRN Realty License #01255283

IRN Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,766

Year Built

  • Built in 2011

Lot Details

  • 2,275 Sq Ft Lot
  • Back Yard
  • Property is zoned MORH*

HOA Fees

  • $170 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Automatic Gate

Interior Spaces

  • 1,619 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Recessed Lighting
  • Living Room with Fireplace

Kitchen

  • Eat-In Kitchen
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 71330
  • Assessor Parcel Number 8508020020

Community Details

Overview

  • Cypress Villas Association
  • Gold Star HOA

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,766

Year Built

Built in 2011

Lot Details

0

HOA Fees

$170 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Gated Community, Smoke Detector(s)
  • View: No
  • Zoning: MORH*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8508020020
  • Year Built: 2011
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1619.00 Square Feet
  • Interior Amenities: Built-in Features, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Eating Area: Area
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 414.30
  • Room Type: Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Master Suite

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Front, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Central
  • Laundry Features: Inside, Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 170.00
  • Association Fee Frequency: Monthly
  • Association Name: Cypress Villas
  • Phone: 9999999999
  • Senior Community: No
  • Community Features: Sidewalks
  • Association Management: Gold Star

Schools

  • School District: Monrovia Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 2275.00
  • Lot Size Acres: 0.0522

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2275.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4311.00
  • Tax Lot: 2
  • Tax Tract Number: 71330

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2021
Sold by
Shi Lei and Pan Lingli
Bought by
Shi Lei and Pan Lingli
Current Estimated Value
$987,810

Purchase Details

Listed on
Jul 25, 2019
Closed on
Aug 30, 2019
Sold by
Hwang Eric and Hwang Chris
Bought by
Shi Lei and Pan Lingli
Seller's Agent
carol li
FIDELITY REALTORS
Buyer's Agent
Meng Chuan Tsai
IRN Realty
List Price
$689,900
Sold Price
$670,750
Premium/Discount to List
-$19,150
-2.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.23%
Original Mortgage
$402,450
Outstanding Balance
$358,577
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$650,407

Purchase Details

Listed on
Mar 7, 2016
Closed on
Apr 19, 2016
Sold by
Lin Zhongkai and Chen Rong
Bought by
Hwang Eric and Hwang Chris
Seller's Agent
Jun Shen
Re/Max Premier Prop Arcadia
Buyer's Agent
carol li
FIDELITY REALTORS
List Price
$618,000
Sold Price
$613,050
Premium/Discount to List
-$4,950
-0.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.68%
Original Mortgage
$490,440
Interest Rate
3.71%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 29, 2011
Closed on
Feb 10, 2012
Sold by
Bowden Development Inc
Bought by
Lin Zhongkai and Chen Rong
Seller's Agent
Espi Bagwell
Keller Williams Realty
Buyer's Agent
Tracey Sanchez
Coldwell Banker
List Price
$499,950
Sold Price
$465,000
Premium/Discount to List
-$34,950
-6.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%
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
Shi Lei -- Old Republic Title
Shi Lei $671,000 Old Republic Title Company
Hwang Eric $613,500 Lawyers Title
Lin Zhongkai $465,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shi Lei $402,450
Previous Owner Hwang Eric $490,440
Previous Owner Lin Zhongkai $292,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/03/2019 10/03/19 Sold $670,750 -2.8% $414 / Sq Ft
08/23/2019 08/23/19 Pending -- -- --
07/25/2019 07/25/19 For Sale $689,900 +12.5% $426 / Sq Ft
05/10/2016 05/10/16 Sold $613,050 -0.8% $379 / Sq Ft
03/23/2016 03/23/16 Pending -- -- --
03/07/2016 03/07/16 For Sale $618,000 +32.9% $382 / Sq Ft
02/22/2012 02/22/12 Sold $465,000 -7.0% $310 / Sq Ft
02/07/2012 02/07/12 Pending -- -- --
08/29/2011 08/29/11 For Sale $499,950 -- $333 / 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 $9,766 $733,503 $473,983 $259,520
2024 $9,766 $719,122 $464,690 $254,432
2023 $9,541 $705,023 $455,579 $249,444
2022 $9,262 $691,200 $446,647 $244,553
2021 $9,079 $677,648 $437,890 $239,758
2020 $8,798 $670,700 $433,400 $237,300
2019 $8,554 $650,519 $343,088 $307,431
2018 $8,387 $637,764 $336,361 $301,403
2016 $6,577 $493,381 $258,044 $235,337
2015 $6,434 $485,971 $254,168 $231,803
2014 $6,367 $476,453 $249,190 $227,263
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS19172886

California Regional Multiple Listing Service (CRMLS)

APN: 8508-020-020