NOT LISTED FOR SALE

315 E Palm Ave Monrovia, CA 91016

Estimated Value: $1,024,015 - $1,076,000

3 Beds
1 Bath
1,358 Sq Ft
$766/Sq Ft Est. Value

Last Sold December 02, 2021

Last sale price $875,000 $644 Per Sq Ft

Est. 19% increase in value since last sale

Current estimated payment $6,473/month

3 Days on Market

Highlights

  • Open Floorplan
  • Wood Flooring
  • No HOA
  • Clifton Middle School Rated A-
  • Private Yard
  • 3-minute walk to Rotary Park

About This Home

As of December 2021

Historic stone porch craftsman in Old Town Monrovia, same owner since 1948! Loaded with period details including porch-style pocket windows, built-ins, picture rails, wainscoting, ceiling beams, and original floorings. Possibility for Mills Act. Stone chimney rebuilt/gas fireplace insert added in 1997. 1940s phone desk built over original bathroom plumbing allows the option to retrofit this 3BR/1BA for 2nd bath. California basement with tool room and crawl space shows the gorgeous, solid structure of redwood subfloor and beams. Enjoy mountain views and bird songs throughout the day from this spacious, quiet lot. Original all hardwood garage with alley access shows remnants of rich early colors on its planking and includes multiple entrances and a workroom filled with period built-ins. A temporary dividing wall created for storage is removable to again accommodate two cars. Large covered patio for entertaining still leaves ample room for gardens and playtime, with a fenced lot for pets. Orange and avocado trees, palms, cacti, and birds of paradise reflect a true historic California feel. Easy walk to school, parks, stores, library, post office, restaurants, and more. This 3-generation home is ready for a new family to bring it to life again!

Last Agent to Sell the Property

Fred Sedighravesh

Keller Williams Realty Irvine License #01423187 Listed on: 10/27/2021

Keller Williams Realty Irvine

Last Buyer's Agent

Marguerite Chan

Coldwell Banker Residential Brokerage License #00969644

Coldwell Banker Residential Brokerage

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1913

Lot Details

  • 8,171 Sq Ft Lot
  • Wood Fence
  • Private Yard
  • Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned MORM*

Parking

  • 2 Car Garage
  • Rear-Facing Garage
  • On-Street Parking

Interior Spaces

  • 1,358 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Living Room with Fireplace
  • Dining Room
  • Wood Flooring
  • Laundry Room
  • Unfinished Basement

Kitchen

  • Gas Range
  • Tile Countertops

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub

Outdoor Features

  • Patio
  • Front Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 33 / 1
  • Tax Tract Number 431
  • Assessor Parcel Number 8516009014
  • $564 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1913

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Surface Type: Paved
  • View: No
  • Zoning: MORM*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8516009014
  • Year Built: 1913
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1358.00 Square Feet
  • Interior Amenities: Open Floorplan
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 644.33
  • Room Type: All Bedrooms Down, Kitchen, Living Room
  • Bathroom Features: Bathtub
  • Room Kitchen Features: Tile Counters
  • Basement: Unfinished

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Porch, Front Porch
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking Features: Garage, Garage Faces Rear, Street
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Refrigerator
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • 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
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Front Yard, Yard
  • Lot Size Sq Ft: 8171.00
  • Lot Size Acres: 0.1876

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8171.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 4310.01
  • Tax Lot: 33
  • Tax Tract Number: 431...
  • TaxOtherAnnualAssessmentAmount: 564.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 9, 1995
Sold by
Mongar George E
Bought by
Mongar George E and George E Mongar Trust
Current Estimated Value
$1,040,504

Purchase Details

Closed on
Jul 13, 1995
Sold by
Mongar Margaret E
Bought by
Mongar George E
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
Mongar George E -- --
Mongar George E -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/02/2021 12/02/21 Sold $875,000 +9.4% $644 / Sq Ft
10/30/2021 10/30/21 Pending -- -- --
10/27/2021 10/27/21 For Sale $799,900 -- $589 / 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 $12,267 $928,556 $742,845 $185,711
2024 $12,267 $910,350 $728,280 $182,070
2023 $11,983 $892,500 $714,000 $178,500
2022 $11,633 $875,000 $700,000 $175,000
2021 $926 $35,495 $21,485 $14,010
2019 $900 $34,445 $20,849 $13,596
2018 $813 $33,771 $20,441 $13,330
2016 $771 $32,462 $19,649 $12,813
2015 $757 $31,975 $19,354 $12,621
2014 $759 $31,349 $18,975 $12,374
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21220123

California Regional Multiple Listing Service (CRMLS)

APN: 8516-009-014