NOT LISTED FOR SALE

248 W Walnut Ave Monrovia, CA 91016

Estimated Value: $1,078,000 - $1,481,000

4 Beds
3 Baths
2,180 Sq Ft
$597/Sq Ft Est. Value

Last Sold February 15, 2018

Last sale price $885,000 $406 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $7,871/month

15 Days on Market

Highlights

  • Gated Parking
  • Traditional Architecture
  • High Ceiling
  • Monrovia High School Rated A
  • Corner Lot
  • Granite Countertops

About This Home

As of February 2018

Great Property in Downtown Monrovia.Nice easy walk for dinner and a movie.Many upgrades in both units.808 Magnolia is completely re done inside.248 Walnut almost done.The exterior cosmetics were next on the punch list until the grandbaby came.The kids want us to come to Arizona sooner than later .808 is showing as 1 bedroom per assessor but it had 2 already when we bought it in 2005.Both units have C/A ,copper plumbing, newer dual glazed windows,ceiling fans and recessed lighting,large deep undermount single bowl stainless kitchen sinks.808 is completely tiled,granite kitchen,open loft feel floor plan 2 bed and 1 bath.
248 W,Walnut is 2 bed 1.5 ba.Fireplace and formal dining area.There is gray rustic wood looking tile throughout only bedrooms have carpet.Bathrooms are original but clean.Kitchen has upgraded quartz countertops and sink but original cabinets.
The houses have fenced separate yards.
There is a 5 car garage with alley access and gated parking for another easy 4 -5 cars off street.
DRIVE BY ONLY. OFFER SUBJECT TO INSPECTION SERIOUS BUYERS ONLY PLEASE
DO NOT ENTER PROPERY LARGE DOG WILL BITE.DO NOT DISTURB TENANTS

Last Agent to Sell the Property

Judi Paniagua

Century 21 Village Realty License #01273348 Listed on: 01/03/2018

Last Buyer's Agent

Jim Rock

Deasy Penner Podley License #01057765

Deasy Penner Podley

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1945

Lot Details

  • 9,116 Sq Ft Lot
  • No Common Walls
  • Kennel
  • Wrought Iron Fence
  • Chain Link Fence
  • Redwood Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Lawn
  • Density is up to 1 Unit/Acre

Parking

  • 5 Car Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Side Facing Garage
  • Gated Parking
  • Off-Street Parking

Home Design

  • Duplex
  • Traditional Architecture
  • Composition Roof
  • Copper Plumbing
  • Stucco

Interior Spaces

  • 2,180 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Family Room with Fireplace
  • Dining Room with Fireplace
  • Granite Countertops

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Carport
  • Gas And Electric Dryer Hookup

Additional Features

  • Exterior Lighting
  • Central Heating and Cooling System

Listing and Financial Details

  • Tenant pays for all utilities
  • Tax Lot 12
  • Assessor Parcel Number 8508005041

Community Details

Overview

  • 3 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $600
  • Insurance Expense $600
  • Trash Expense $400
  • Water Sewer Expense $1,000
  • Operating Expense $2,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1945

Lot Details

0

Parking

5

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Water Sewer Expenses: 1000.00
  • Zoning: MORH*
  • Architectural Style: Traditional
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 8508005041
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Full, Granite Counters, High Ceilings
  • Common Walls: No Common Walls
  • Fireplace Features: Dining Room, Family Room, Gas, Gas Starter
  • Price Per Square Foot: 405.96
  • Window Features: Double Pane Windows

Exterior Features

  • Exterior Features: Kennel
  • Fence: Yes
  • Fencing: Chain Link, Redwood, Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 5.00
  • Parking: Yes
  • Parking Features: Concrete, Garage Faces Side, Gated, Off Street, Oversized
  • Total Parking Spaces: 9.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, In Carport, Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 400.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Front Yard, Lawn, Lot 6500-9999, Sprinkler System, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 9116.00

Rental Info

  • Tenant Pays: All Utilities

Multi Family

  • Insurance Expense: 600.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Rent Control: No
  • Total Expenses: 2600.00

Tax Info

  • Tax Census Tract: 4311.00
  • Tax Lot: 12
  • Tax Tract Number: 000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2018
Closed on
Jan 19, 2018
Sold by
Paniagua James and Paniagua Judi
Bought by
Jones Grace L
Seller's Agent
Judi Paniagua
Century 21 Village Realty
Buyer's Agent
Jim Rock
Deasy Penner Podley
List Price
$898,000
Sold Price
$885,000
Premium/Discount to List
-$13,000
-1.45%
Current Estimated Value
$1,302,278

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$417,278
Avg. Annual Appreciation
5.02%
Original Mortgage
$580,150
Outstanding Balance
$489,703
Interest Rate
3.95%
Mortgage Type
New Conventional
Estimated Equity
$812,575

Purchase Details

Closed on
Mar 25, 2016
Sold by
Paniagua James and Paniagua Judi
Bought by
Paniagua James and Paniagua Judi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,272
Interest Rate
4.12%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 16, 2005
Sold by
Miller Jess B and Miller Debra L
Bought by
Paniagua James and Paniagua Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
4.64%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 17, 2003
Sold by
Miller Jess B and Miller Debra L
Bought by
Miller Jess B and Miller Debra L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$121,000
Interest Rate
5.96%

Purchase Details

Closed on
May 16, 2002
Sold by
Miller Debra L and Miller Debra Lynn
Bought by
Miller Jess B and Miller Debra L

Purchase Details

Closed on
Jan 24, 2002
Sold by
Gray Debra Lynn and Miller Jess Bernard
Bought by
Miller Debra Lynn

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$98,100
Interest Rate
7.17%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Jones Grace L $885,000 Fidelity National Title
Paniagua James -- Fidelity Sherman Oaks
Paniagua James $627,500 Southland Title
Miller Jess B -- California Title
Miller Jess B -- --
Miller Debra Lynn -- Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jones Grace L $580,150
Previous Owner Paniagua James $598,272
Previous Owner Paniagua James $500,000
Previous Owner Miller Jess B $121,000
Previous Owner Miller Debra Lynn $98,100
Closed Paniagua James $64,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2018 02/15/18 Sold $885,000 -1.4% $406 / Sq Ft
01/03/2018 01/03/18 For Sale $898,000 -- $412 / 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 $13,544 $1,010,877 $402,788 $608,089
2024 $13,544 $991,057 $394,891 $596,166
2023 $13,234 $971,626 $387,149 $584,477
2022 $12,851 $952,575 $379,558 $573,017
2021 $12,599 $933,898 $372,116 $561,782
2020 $16,133 $924,963 $368,301 $556,662
2019 $11,997 $906,840 $361,080 $545,760
2018 $10,205 $769,361 $673,783 $95,578
2016 $9,812 $738,872 $647,620 $91,252
2015 $9,598 $727,775 $637,893 $89,882
2014 $9,502 $713,520 $625,398 $88,122
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR18002117

California Regional Multiple Listing Service (CRMLS)

APN: 8508-005-041