NOT LISTED FOR SALE

311 E Palm Ave Monrovia, CA 91016

Estimated Value: $1,158,070 - $1,360,000

3 Beds
2 Baths
2,098 Sq Ft
$610/Sq Ft Est. Value

Last Sold December 09, 2016

Last sale price $810,000 $386 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $7,224/month

52 Days on Market

Highlights

  • Solar Power System
  • Open Floorplan
  • Mountain View
  • Clifton Middle School Rated A-
  • Craftsman Architecture
  • 3-minute walk to Rotary Park

About This Home

As of December 2016

Historic Landmark Craftsman with Modern eclectic architecture fusing nature and home as one. Built in 1917 this Arts and Crafts gem features over 2000 Sqft of original character and charm including hand crafted stone and intricate wood detail. Light, bright open floor plan is complete with designer touches and a keen eye on keeping the homes Historic integrity. Sun filled rooms showcase authentic wood windows, a large prominent fireplace and a gorgeous river rock front porch where one can enjoy summer evenings swinging on the custom oak swing. There is an updated delightful cooks kitchen, 3 bedrooms with ample closet space, 2 remodeled bathrooms, formal dining with stunning built-ins, living room over looking the front drought tolerant garden, a family room and a 2 car garage that is so big you can park two cars in it and still have lots of room for bicycles, toys and a work bench. Relax in the park like setting with Mt. views & fruit trees. Minutes from Old Town Monrovia.

Last Agent to Sell the Property

Nancy Gerber

Compass License #01296071 Listed on: 09/09/2016

Compass

Last Buyer's Agent

Francis Recalde

License #01280897

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1917

Lot Details

  • 8,189 Sq Ft Lot
  • South Facing Home
  • Wood Fence
  • Historic Home
  • Property is zoned MORM*

Parking

  • 3 Car Garage

Home Design

  • Craftsman Architecture
  • Turnkey
  • Wood Siding
  • Stone

Interior Spaces

  • 2,098 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Built-In Features
  • Crown Molding
  • Wainscoting
  • High Ceiling
  • Recessed Lighting
  • Separate Family Room
  • Living Room with Fireplace
  • Formal Dining Room
  • Sun or Florida Room
  • Wood Flooring
  • Mountain Views
  • Laundry Room
  • Basement

Kitchen

  • Country Kitchen
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Retreat
  • Walk-In Closet
  • 2 Full Bathrooms

Utilities

  • Air Conditioning
  • Central Heating
  • Sewer in Street

Additional Features

  • Solar Power System
  • Covered Patio or Porch

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 8516-009-015

Home Details

Home Type

Single Family

Year Built

Built in 1917

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Craftsman
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 2098
  • Stories: 2
  • Year Built: 1917
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Interior Amenities: Basement, Built-Ins, Crown Moldings, High Ceilings (9 Feet+), Open Floor Plan, Recessed Lighting, Turnkey, Wainscotting
  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Mixed
  • Appliances: Built-In Gas
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: WalkInCloset
  • One Quarter Bathrooms: 0
  • Bathroom Features: Tile
  • Three Quarter Bathrooms: 0
  • Eating Areas: Country Kitchen, Family Room, Formal Dining Rm
  • Kitchen Features: Remodeled
  • Laundry: Inside
  • Total Bathrooms: 2.00
  • Equipment: Built-Ins, Dishwasher, Garbage Disposal, Range/Oven, Refrigerator, Solar Panels
  • Fireplace: Yes
  • Price Per S Q F T: 393.23

Exterior Features

  • Direction Faces: South
  • Construction: Combination, Rock, Stone, Wood Siding
  • Other Features: Energy Efficient, High Ceilings (9 Feet+), Historical
  • Tennis Court Y/N: No
  • Fence: Wood
  • Patio: Covered Porch
  • Pool: No
  • Spa Yn: No
  • View: Mountains
  • View: Yes

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking: 2
  • Parking Garage: Garage - 3 Car
  • Total Parking: 4

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Sewer: In Street

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 8516-009-015
  • Geocode Override: No
  • Lot Size Area: 8189

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 9, 2020
Sold by
Bastiaan Vanessa Lynn Stump Koning
Bought by
Bastiaan Martinus Jan Koning
Current Estimated Value
$1,280,268

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Outstanding Balance
$372,887
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$907,381

Purchase Details

Listed on
Sep 9, 2016
Closed on
Nov 30, 2016
Sold by
Koning Bastiaan Hilda
Bought by
Koning Bastiaan Hans
Seller's Agent
Nancy Gerber
Compass
Buyer's Agent
Francis Recalde
List Price
$849,000
Sold Price
$810,000
Premium/Discount to List
-$39,000
-4.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.14%
Original Mortgage
$450,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 9, 2016
Closed on
Nov 3, 2016
Sold by
Rice John
Bought by
Koning Bastiaan Martinus Jan and Koning Bastiaan Hans
Seller's Agent
Nancy Gerber
Compass
Buyer's Agent
Francis Recalde
List Price
$849,000
Sold Price
$810,000
Premium/Discount to List
-$39,000
-4.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2010
Sold by
Kaplan Michael J and Fernandez Alicia G
Bought by
Rice John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,000
Interest Rate
4.88%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 9, 2002
Sold by
Bourguignon Todd and Bourguignon Kendra
Bought by
Kaplan Michael J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.83%

Purchase Details

Closed on
Jan 22, 1998
Sold by
Martha And Samuel Peck Trust and Martha H
Bought by
Bourguignon Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$161,550
Interest Rate
8.62%

Purchase Details

Closed on
Jun 6, 1995
Sold by
Crizer Richard and Baerg Martha H
Bought by
Crizer Richard
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
Bastiaan Martinus Jan Koning -- Chicago Title Company
Koning Bastiaan Hans -- Fidelity National Title Co
Koning Bastiaan Martinus Jan $810,000 Fidelity Sherman Oaks
Rice John $648,500 Orange Coast Title
Kaplan Michael J $390,000 North American Title Co
Bourguignon Todd $179,500 Commonwealth Land Title
Crizer Richard -- --
Crizer Richard -- --
Crizer Richard -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bastiaan Martinus Jan Koning $420,000
Closed Koning Bastiaan Martinus Jan $450,000
Previous Owner Rice John $437,000
Previous Owner Kaplan Michael J $300,700
Previous Owner Bourguignon Todd $161,550
Closed Bourguignon Todd $8,975
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/09/2016 12/09/16 Sold $810,000 -1.8% $386 / Sq Ft
10/21/2016 10/21/16 Price Changed $825,000 -2.8% $393 / Sq Ft
09/09/2016 09/09/16 For Sale $849,000 -- $405 / Sq Ft
Source: The MLS

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 $5,158 $357,993 $230,300 $127,693
2024 $5,158 $357,993 $230,300 $127,693
2023 $5,093 $355,000 $249,000 $106,000
2022 $5,151 $364,000 $255,000 $109,000
2021 $5,069 $359,000 $251,300 $107,700
2019 $4,288 $304,000 $212,800 $91,200
2018 $4,530 $330,000 $231,000 $99,000
2016 $4,163 $302,900 $209,250 $93,650
2015 $3,980 $290,800 $200,890 $89,910
2014 $3,824 $275,400 $190,300 $85,100
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-160810

The MLS

APN: 8516-009-015