NOT LISTED FOR SALE

309 W Olive Ave Monrovia, CA 91016

Estimated Value: $958,000 - $1,363,000

1 Bed
1 Bath
500 Sq Ft
$2,326/Sq Ft Est. Value

Last Sold September 17, 2013

Last sale price $780,000 $1,560 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $7,245/month

Highlights

  • Private Yard
  • No HOA
  • Living Room
  • Monrovia High School Rated A
  • Cooling System Mounted To A Wall/Window
  • Laundry Room

About This Home

As of May 2023

Lovely 1BR/1BA detached back unit of a duplex. Remodeled bathroom. Flowing Floor plan with living room leading to dining area and kitchen. Wall Unit AC. Pantry in kitchen. Private yard with patio. Individual laundry room with hookups in yard. Security gate.

Last Agent to Rent the Property

Sheiline Lam

Keller Williams Realty License #01268830 Listed on: 03/24/2023

Keller Williams Realty

Last Renter's Agent

Sheiline Lam

Keller Williams Realty License #01268830 Listed on: 03/24/2023

Keller Williams Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 8,028 Sq Ft Lot
  • No Common Walls
  • Private Yard

Home Design

  • Duplex

Interior Spaces

  • 500 Sq Ft Home
  • Living Room
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • Parking Available
  • On-Site Parking

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Security Deposit $2,200
  • Rent includes gardener, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 4/1/23
  • Legal Lot and Block 24 / A
  • Assessor Parcel Number 8506001022

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Pet Policy

  • Pet Deposit $500
  • Dogs and Cats Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2023-04-01
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 2200
  • Furnished: Unfurnished
  • Pets Allowed: Call, Cats OK, Dogs OK
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Duplex
  • Property Attached: No
  • View: No
  • Zoning: MORM*
  • Property Sub Type: Duplex
  • Property Type: Residential Lease
  • Parcel Number: 8506001022
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 500.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 3.60
  • Room Type: Kitchen, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: On Site

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 8028.00
  • Lot Size Acres: 0.1843

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 8028.0000 Square Feet
  • Number Of Units Total: 2
  • Rent Includes: Gardener, Trash Collection, Water

Tax Info

  • Tax Block: A
  • Tax Census Tract: 4309.01
  • Tax Lot: 24
  • Tax Tract Number: 000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 8, 2013
Closed on
Aug 28, 2013
Sold by
Cox Robert Mark
Bought by
Cox Alice Chang
Seller's Agent
Peggy Fong Chen
Re/Max Omega
Buyer's Agent
Cecil Lam
Keller Williams Realty/Pasadena
List Price
$725,000
Sold Price
$780,000
Premium/Discount to List
$55,000
7.59%
Current Estimated Value
$1,163,162

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$383,162
Avg. Annual Appreciation
3.28%

Purchase Details

Listed on
Jul 8, 2013
Closed on
Aug 23, 2013
Sold by
Chen Winston
Bought by
Wu Christina C and Yang Betty Chang
Seller's Agent
Peggy Fong Chen
Re/Max Omega
Buyer's Agent
Cecil Lam
Keller Williams Realty/Pasadena
List Price
$725,000
Sold Price
$780,000
Premium/Discount to List
$55,000
7.59%

Purchase Details

Closed on
Jun 22, 2011
Sold by
Winston & Winnie Llc
Bought by
Chen Winston and Chen Winnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$499,600
Interest Rate
4.55%

Purchase Details

Closed on
Jan 5, 2007
Sold by
Chen Winston and Chen Winnie
Bought by
Winston & Winnie Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$529,000
Interest Rate
6.09%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 23, 2006
Sold by
Chen Winston and Chen Winnie
Bought by
Winston & Winnie Llc

Purchase Details

Closed on
Jan 5, 2006
Sold by
Taratino Claudio and Taratino Sandra R
Bought by
Chen Winston and Chen Winnie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$533,850
Interest Rate
6.21%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 16, 2003
Sold by
Tarantino Egidio and Tarantino Raffaella
Bought by
Tarantino Claudio and Tarantino Sandra R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
5.93%

Purchase Details

Closed on
Nov 26, 2001
Sold by
Tarantino Egidio and Tarantino Raffaella
Bought by
Tarantino Egidio and Tarantino Raffaella
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Cox Alice Chang -- Chicago Title
Wu Christina C -- Chicago Title
Yang Betty Chang -- Chicago Title
Wu Christina C $780,000 Chicago Title
Chen Winston -- None Available
Winston & Winnie Llc -- Alliance Title Company
Chen Winston -- Alliance Title Company
Winston & Winnie Llc -- None Available
Chen Winston $780,000 Landsafe Title
Tarantino Claudio -- Southland Title
Tarantino Egidio -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Chen Winston $499,600
Previous Owner Chen Winston $529,000
Previous Owner Chen Winston $533,850
Previous Owner Tarantino Claudio $200,000
Closed Tarantino Claudio $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/13/2023 05/13/23 Rented $1,800 0.0% --
03/24/2023 03/24/23 For Rent $1,800 0.0% --
04/18/2022 04/18/22 Rented $1,800 0.0% --
03/19/2022 03/19/22 For Rent $1,800 +20.0% --
06/01/2019 06/01/19 Rented $1,500 0.0% --
05/20/2019 05/20/19 For Rent $1,500 +7.1% --
04/06/2017 04/06/17 Rented $1,400 +1.4% --
03/23/2017 03/23/17 For Rent $1,380 +6.2% --
10/20/2015 10/20/15 Rented $1,300 -3.7% --
09/01/2015 09/01/15 For Rent $1,350 -10.0% --
05/01/2015 05/01/15 Rented $1,500 +8.7% --
04/01/2015 04/01/15 Under Contract -- -- --
03/18/2015 03/18/15 For Rent $1,380 0.0% --
09/17/2013 09/17/13 Sold $780,000 +7.6% $358 / Sq Ft View Prior Sale
08/23/2013 08/23/13 Pending -- -- --
07/08/2013 07/08/13 For Sale $725,000 -- $333 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $12,860 $956,163 $612,928 $343,235
2024 $12,860 $937,415 $600,910 $336,505
2023 $12,567 $919,035 $589,128 $329,907
2022 $12,203 $901,016 $577,577 $323,439
2021 $11,964 $883,350 $566,252 $317,098
2020 $11,598 $874,293 $560,446 $313,847
2019 $11,394 $857,151 $549,457 $307,694
2018 $11,080 $840,345 $538,684 $301,661
2016 $10,654 $807,716 $517,767 $289,949
2015 $10,421 $795,584 $509,990 $285,594
2014 $10,314 $780,000 $500,000 $280,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR23049076

California Regional Multiple Listing Service (CRMLS)

APN: 8506-001-022