NOT LISTED FOR SALE

262 E Cypress Ave Monrovia, CA 91016

Estimated Value: $1,009,000 - $1,366,000

4 Beds
4 Baths
2,186 Sq Ft
$551/Sq Ft Est. Value

Last Sold October 29, 2013

Last sale price $628,000 $287 Per Sq Ft

Est. 92% increase in value since last sale

Current estimated payment $7,443/month

10 Days on Market

Highlights

  • 0.35 Acre Lot
  • Contemporary Architecture
  • No HOA
  • Mayflower Elementary School Rated A
  • Private Yard
  • 4-minute walk to Julian Fisher Park

About This Home

As of October 2013

Spacious duplex in a quiet area of Monrovia. Located on a huge 15,057 sq ft lot with fully fenced and gated yards. 262 E. Cypress features a 1 bedroom and 1 bath, large living room, kitchen with eating area, and more. 264 E. Cypress features a completely remodeled 3 bedroom and 3 baths. Large master suite, beautiful hardwood floors, central heat and air, and plantation shutters. Two car garage with bonus room connected to the garage. Could be used as storage, etc. $3,450 potential monthly income!

Last Agent to Sell the Property

Micah Adams

CENTURY 21 ADAMS & BARNES License #01427306 Listed on: 09/16/2013

CENTURY 21 ADAMS & BARNES

Last Buyer's Agent

Joyti Goundar

Movoto Inc. License #01493031

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,873

Year Built

  • Built in 1948

Lot Details

  • 0.35 Acre Lot
  • Lot Dimensions are 84x180
  • 1 Common Wall
  • Security Fence
  • Redwood Fence
  • Fence is in good condition
  • Landscaped
  • Rectangular Lot
  • Sprinkler System
  • Private Yard
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 6 Open Parking Spaces
  • 2 Car Garage
  • 2 Carport Spaces
  • Parking Available
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Property Attached
  • Composition Roof

Interior Spaces

  • 2,186 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Utilities

  • Central Air

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 5 / C
  • Tax Tract Number 27982
  • Assessor Parcel Number 8515013045

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,800
  • Insurance Expense $1,500
  • Trash Expense $300
  • Water Sewer Expense $2,100
  • New Taxes Expense $7,750
  • Operating Expense $13,450
  • Gross Income $2,870
  • Net Operating Income $20,990

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,873

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2100.00
  • Architectural Style: Contemporary
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 8515013045
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Entry Location: Ground Level With Steps
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 287.28

Exterior Features

  • Fencing: Good Condition, Redwood, Security, Wood
  • Pool Private: No
  • Roof: Composition

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 10.00
  • Uncovered Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Trash Expense: 300.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, 0-1 Unit/Acre, Front Yard, Landscaped, Rectangular Lot, Lot 10000-19999 Sqft, Sprinkler System, Yard
  • Lot Size: 84x180
  • Lot Size Sq Ft: 15057.00
  • Lot Size Acres: 0.3460

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 550
  • Average3 Bed Area: 1636
  • Gross Income: 2870.00
  • Gross Scheduled Income: 34440.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 15057.0000 Square Feet
  • Net Operating Income: 20990.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number Wall A C: 1
  • Number With Dishwasher: 1
  • Number With Disposal: 1
  • Number With Range: 2
  • Number With Refrigerator: 1
  • Operating Expense: 13450.00
  • Rent Control: No
  • Total Actual Rent: 2870.00
  • Total Expenses: 13450.00

Tax Info

  • New Taxes Expense: 7750.00
  • Tax Block: C
  • Tax Lot: 5
  • Tax Tract Number: 27982
  • Tax Annual Amount: 1873.00
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 28, 2015
Sold by
Ma Patrick
Bought by
Ma Living Trust
Current Estimated Value
$1,204,379

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 16, 2013
Closed on
Oct 2, 2013
Sold by
Johnson Deborah Foster
Bought by
Vanvivian and Ma Patrick
Seller's Agent
Micah Adams
CENTURY 21 ADAMS & BARNES
Buyer's Agent
Joyti Goundar
Movoto Inc.
List Price
$619,000
Sold Price
$628,000
Premium/Discount to List
$9,000
1.45%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.53%
Original Mortgage
$471,000
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2009
Sold by
Johnson Deborah Foster and Foster Deborah
Bought by
Johnson Deborah Foster and Deborah Foster Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 29, 2009
Sold by
Johnson Frank A
Bought by
Johnson Deborah F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
5.3%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 9, 2005
Sold by
Foster Deborah
Bought by
Foster Deborah and Deborah Foster Living Trust

Purchase Details

Closed on
Jul 8, 2002
Sold by
Foster Clyde and Clyde Foster Living Trust
Bought by
Foster Deborah

Purchase Details

Closed on
Jun 14, 2001
Sold by
Foster Clyde and Foster Living Trust
Bought by
Foster Clyde and Clyde Foster Living Trust

Purchase Details

Closed on
Feb 15, 1994
Sold by
Foster Clyde C
Bought by
Foster Clyde C
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
Ma Living Trust -- Pacific Coast Title Company
Ma Patrick -- Pacific Coast Title Company
Vanvivian $628,000 Chicago Title Company
Johnson Deborah Foster -- None Available
Johnson Deborah F -- Lawyers Title
Johnson Deborah F -- Lawyers Title
Foster Deborah -- --
Foster Deborah -- --
Foster Clyde -- --
Foster Clyde C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ma Vanvivian $385,000
Closed Ma Patrick $445,000
Closed Vanvivian $471,000
Previous Owner Johnson Deborah F $150,000
Previous Owner Foster Deborah $120,000
Previous Owner Foster Deborah $85,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/29/2013 10/29/13 Sold $628,000 +1.5% $287 / Sq Ft
09/26/2013 09/26/13 Pending -- -- --
09/16/2013 09/16/13 For Sale $619,000 -- $283 / 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 $10,564 $769,833 $612,928 $156,905
2024 $10,564 $754,739 $600,910 $153,829
2023 $10,327 $739,941 $589,128 $150,813
2022 $10,032 $725,433 $577,577 $147,856
2021 $9,835 $711,209 $566,252 $144,957
2020 $9,540 $703,917 $560,446 $143,471
2019 $9,374 $690,115 $549,457 $140,658
2018 $9,102 $676,584 $538,684 $137,900
2016 $8,751 $650,314 $517,767 $132,547
2015 $8,562 $640,547 $509,990 $130,557
2014 -- $628,000 $500,000 $128,000
Source: Public Records

Agents Affiliated with this Home

  • Micah Adams

    Seller's Agent in 2013

    Micah Adams

    CENTURY 21 ADAMS & BARNES

    (626) 589-3870

    11 in this area

    31 Total Sales

    Micah Adams
    Section Image

  • J

    Buyer's Agent in 2013

    Joyti Goundar

    Movoto Inc.

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR13188548

California Regional Multiple Listing Service (CRMLS)

APN: 8515-013-045

California Los Angeles County Monrovia 91016

262 E Cypress Ave, Monrovia, CA

This home is located at 262 E Cypress Ave, Monrovia, CA 91016 since 16 September 2013 and is currently estimated at $1,204,379, approximately $550 per square foot. This property was built in 1948. 262 E Cypress Ave is a home located in Los Angeles County with nearby schools including Mayflower Elementary School, Santa Fe Computer Science Magnet, 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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