NOT LISTED FOR SALE

251 E Central Ave Monrovia, CA 91016

Estimated Value: $684,000 - $826,154

2 Beds
1 Bath
844 Sq Ft
$887/Sq Ft Est. Value

Last Sold March 19, 2021

Last sale price $525,000 $622 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,585/month

167 Days on Market

Highlights

  • RV Access or Parking
  • Mountain View
  • No HOA
  • Mayflower Elementary School Rated A
  • Lawn
  • Covered Patio or Porch

About This Home

As of March 2021

Probate Sale. Charming move-in ready single family home featuring 2 decent-sized bedrooms, 1 spacious bath, galley kitchen with separate dining room right off the kitchen, indoor laundry room with lots of storage, and a small office just off the living room. Plenty of natural light to brighten every room. This property offers a large lot with a covered back patio off the main house, variety of mature fruit trees and lots of room to spread out. Great opportunity for Investors on this large lot. There is the potential to add sqft to the house and/or add a garage or ADU (must obtain city approval). Also potential for RV parking behind the gate. Property is located near quaint downtown Monrovia, shopping centers and the Monrovia Gold Line Station.

Last Agent to Sell the Property

Tom Adams

Century 21 Adams & Barnes License #00977699 Listed on: 06/29/2020

Century 21 Adams & Barnes

Last Buyer's Agent

Yuan Yuan Chen

RE/MAX Galaxy License #02101879

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1938

Lot Details

  • 8,331 Sq Ft Lot
  • South Facing Home
  • Chain Link Fence
  • Landscaped
  • Manual Sprinklers System
  • Lawn
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned MORL*

Home Design

  • Bungalow
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Asphalt Roof

Interior Spaces

  • 844 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Free Standing Fireplace
  • Double Pane Windows
  • Dining Room
  • Mountain Views

Kitchen

  • Gas Range
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Tile Bathroom Countertop
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Parking

  • Parking Available
  • Paved Parking
  • RV Access or Parking

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 5 / E
  • Tax Tract Number 45
  • Assessor Parcel Number 8515015071

Home Details

Home Type

Single Family

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: 2 Tool Sheds
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: MORL*
  • Architectural Style: Bungalow
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8515015071
  • Year Built: 1938
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 844.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Pantry, Tile Counters
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Fireplace Features: Free Standing
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 622.04
  • Room Type: All Bedrooms Down
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower In Tub, Exhaust Fan(s), Tile Counters
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Raised
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Chain Link
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Roof: Asphalt

Garage/Parking

  • Parking: Yes
  • Parking Features: Concrete, RV Access/Parking

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease Purchase: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Landscaped, Lawn, Sprinklers Manual
  • Lot Size Sq Ft: 8331.00
  • Lot Size Acres: 0.1913

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8331.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: E
  • Tax Census Tract: 4311.00
  • Tax Lot: 5
  • Tax Tract Number: 4,5

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 10, 1998
Sold by
Gallagher Diane M
Bought by
Valdez Irene
Current Estimated Value
$748,539

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$86,807
Outstanding Balance
$15,449
Interest Rate
7.06%
Mortgage Type
FHA
Estimated Equity
$733,090
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Valdez Irene $87,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Valdez Irene $86,807
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2021 03/19/21 Sold $525,000 0.0% $622 / Sq Ft
12/14/2020 12/14/20 Pending -- -- --
10/20/2020 10/20/20 For Sale $525,000 0.0% $622 / Sq Ft
10/18/2020 10/18/20 Off Market $525,000 -- --
06/29/2020 06/29/20 For Sale $525,000 -- $622 / 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 $7,954 $568,275 $378,850 $189,425
2024 $7,667 $557,133 $371,422 $185,711
2023 $7,491 $546,210 $364,140 $182,070
2022 $7,273 $535,500 $357,000 $178,500
2021 $2,032 $128,315 $102,660 $25,655
2020 $1,979 $127,000 $101,608 $25,392
2019 $1,947 $124,511 $99,616 $24,895
2018 $1,879 $122,070 $97,663 $24,407
2016 $1,803 $117,332 $93,872 $23,460
2015 $1,766 $115,570 $92,462 $23,108
2014 $1,756 $113,307 $90,651 $22,656
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR20116622

California Regional Multiple Listing Service (CRMLS)

APN: 8515-015-071