'Vic' Vartan Markarian
Markarian Realty
(626) 240-5877
116 Total Sales
2 in Monrovia
$990,000 Price Range
303 W Lemon Ave Monrovia, CA 91016
Monrovia Area
7
Beds
6
Baths
3,979
Sq Ft
0.33
Acre Lot
Highlights
- Stone Flooring
- Monrovia High School Rated A
- 1-Story Property
About This Home
As of October 2017Located between Magnolia and Alta Vista in one of Monrovias more desirable neighborhoods this spectacular investment opportunity is 3 only blocks from the movie theatre, coffee houses, restaurants and the weekly Friday Farmers Market in Old Town Monrovia. The property includes two 2 bedroom units, three 1 bedroom units and one studio. The large 14,513 square foot property provides privacy for each unit with backyard space for tenants to enjoy outdoor entertaining and a design where there are no common walls between units. There is a one car garage for each tenant. The property is centrally located in the San Gabriel Valley near the Gold Line Depot and minutes north of the 210 Freeway with easy access to the 605 Freeway while only 15 minutes from Pasadena.
Last Agent to Sell the Property
Norm Haley Real Estate License #00528924 Listed on: 10/10/2017
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1921
Lot Details
- 0.33
Parking
- 6 Car Garage
Home Design
- Property Attached
Flooring
- Carpet
- Stone
Bedrooms and Bathrooms
- 7 Bedrooms
- 6 Bathrooms
Additional Features
- 1-Story Property
- 14,513 Sq Ft Lot
Listing and Financial Details
- Tenant pays for electricity, gas
- Assessor Parcel Number 8505004027
Community Details
Overview
- 6 Units
Building Details
- 6 Leased Units
- 6 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 10, 2017
Closed on
Oct 31, 2017
Sold by
Bought by
Seller's Agent
Norm Haley
Norm Haley Real Estate
Buyer's Agent
Brad Palfrey
Bradley R. Palfrey, BROKER
List Price
$2,000,000
Sold Price
$1,900,000
Premium/Discount to List
-$100,000
-5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Listed on
Oct 10, 2017
Closed on
Oct 18, 2017
Sold by
Bought by
Seller's Agent
Norm Haley
Norm Haley Real Estate
Buyer's Agent
Brad Palfrey
Bradley R. Palfrey, BROKER
List Price
$2,000,000
Sold Price
$1,900,000
Premium/Discount to List
-$100,000
-5%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
3.78%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Feb 11, 2015
Sold by
Bought by
Purchase Details
Closed on
Feb 3, 2015
Sold by
Bought by
Purchase Details
Closed on
Jan 31, 2013
Sold by
Bought by
Purchase Details
Closed on
Jan 21, 1986
Sold by
Bought by
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Monrovia, CA
-
'Vic' Vartan Markarian
-
Lisa Madrigal
Lisa Madrigal
Responds QuicklyFiv Realty Co.
(951) 406-6266
49 Total Sales
1 in Monrovia
$605,000 Price
-
Henry Nunez
Henry Nunez
Henry Nunez Real Estate
(626) 600-0657
18 Total Sales
13 in Monrovia
$877K - $1.4M Price Range
-
Nathalie Marles
Nathalie Marles
Berkshire Hathaway HomeServices Crest Real Estate
(747) 223-7083
72 Total Sales
3 in Monrovia
$1.1M - $2.7M Price Range
-
Michelle Pacheco
Michelle Pacheco
Sync Brokerage, Inc
(747) 294-4188
45 Total Sales
2 in Monrovia
$145,000 Price Range
-
Mike Chou
Mike Chou
K.W. EXECUTIVE
(626) 653-4295
171 Total Sales
3 in Monrovia
$980K - $999K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Available | ||
| $1,900,000 | Lawyers Title | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | -- |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $1,050,000 | ||
| Closed | $1,000,000 | ||
| Previous Owner | $480,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/31/2017 10/31/17 | Sold | $1,900,000 | -5.0% | $478 / Sq Ft |
| 10/19/2017 10/19/17 | Pending | -- | -- | -- |
| 10/10/2017 10/10/17 | For Sale | $2,000,000 | -- | $503 / Sq Ft |
Source: Pasadena-Foothills Association of REALTORS®
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $30,272 | $2,161,870 | $1,297,123 | $864,747 |
| 2024 | $29,522 | $2,119,482 | $1,271,690 | $847,792 |
| 2023 | $28,862 | $2,077,924 | $1,246,755 | $831,169 |
| 2022 | $28,041 | $2,037,181 | $1,222,309 | $814,872 |
| 2021 | $27,506 | $1,997,238 | $1,198,343 | $798,895 |
| 2020 | $26,680 | $1,976,760 | $1,186,056 | $790,704 |
| 2019 | $26,228 | $1,938,000 | $1,162,800 | $775,200 |
| 2018 | $25,656 | $1,900,000 | $1,140,000 | $760,000 |
| 2016 | $11,723 | $785,492 | $474,053 | $311,439 |
| 2015 | $11,486 | $773,694 | $466,933 | $306,761 |
| 2014 | $11,405 | $475,354 | $217,171 | $258,183 |
Source: Public Records
Agents Affiliated with this Home
-
Norm Haley
Seller's Agent in 2017
Norm Haley
Norm Haley Real Estate
(626) 818-0212
32 Total Sales
-
Brad Palfrey
B
Buyer's Agent in 2017
Brad Palfrey
Bradley R. Palfrey, BROKER
(626) 818-0212
1 Total Sale
Map
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P0-817002270
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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
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