NOT LISTED FOR SALE

326 Linwood Ave Monrovia, CA 91016

Estimated Value: $1,470,000 - $2,321,000

8 Beds
4 Baths
4,006 Sq Ft
$484/Sq Ft Est. Value

Last Sold January 03, 2018

Last sale price $1,275,000 $318 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $11,967/month

10 Days on Market

Highlights

  • Mountain View
  • Wood Flooring
  • Two Homes on a Lot
  • Monrovia High School Rated A
  • No HOA
  • Double Pane Windows

About This Home

As of January 2018

Amazing investment opportunity in the heart of Monrovia. The front bungalow features 2 bedrooms and 1 bath, original hardwood floors, built in cabinets and a wood burning fireplace. This home is ready to be restored to its original charm and character.
The rear unit has 3 apartments with 2 bedrooms and 1 bath each. Two of the units are upstairs and one is downstairs.
This rare quadruplex is near downtown Monrovia,entertainment, dining and shopping.
Mountain views from the front porch welcome you to 326 Linwood Avenue!
Property sold in As Is condition.

Last Agent to Sell the Property

Gina Ammon

JohnHart Corp. License #01498679 Listed on: 11/03/2017

Last Buyer's Agent

Gina Ammon

JohnHart Corp. License #01498679 Listed on: 11/03/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,765

Year Built

  • Built in 1911

Lot Details

  • 9,972 Sq Ft Lot
  • Property fronts an alley
  • 1 Common Wall
  • Block Wall Fence
  • Back and Front Yard

Home Design

  • Bungalow
  • Quadruplex
  • Stone Foundation
  • Slab Foundation
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 4,006 Sq Ft Home
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • Wood Flooring
  • Mountain Views

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces

Utilities

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

Additional Features

  • Outdoor Storage
  • Two Homes on a Lot
  • Suburban Location

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 4310
  • Assessor Parcel Number 8505002029

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units
  • Mountainous Community

Building Details

  • 3 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $420
  • Gardener Expense $1,200
  • Insurance Expense $1,423
  • Other Expense $2,961
  • Trash Expense $721
  • Water Sewer Expense $2,040
  • New Taxes Expense $19,500
  • Operating Expense $28,265
  • Gross Income $71,400
  • Net Operating Income $62,635

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,765

Year Built

Built in 1911

Lot Details

0

Listing Details

  • Assessments: Yes
  • Other Phone Description: 3104891021
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 2040.00
  • Zoning: MORH*
  • Architectural Style: Bungalow
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 8505002029
  • Year Built: 1911
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Fireplace Features: Living Room, Gas
  • Price Per Square Foot: 318.27
  • Window Features: Double Pane Windows

Exterior Features

  • Foundation: Slab, Stone
  • Other Structures: Storage, Two On A Lot
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Block
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Natural Gas Available, Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 720.64
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Mountainous, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 9972.00

Multi Family

  • Electric Expense: 420.00
  • Gross Income: 71400.00
  • Gross Scheduled Income: 71400.00
  • Insurance Expense: 1423.00
  • Net Operating Income: 62635.41
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 4
  • Operating Expense: 8764.59
  • Other Expense: 2960.90
  • Other Expense Description: misc.
  • Rent Control: No
  • Total Expenses: 28264.54

Tax Info

  • New Taxes Expense: 19500.00
  • Tax Census Tract: 4310.01
  • Tax Lot: 7
  • Tax Tract Number: 4310.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 3, 2017
Closed on
Nov 14, 2017
Sold by
Walling Kenneth A and Walling Geraldine C
Bought by
Diaz Eladio and Diaz Marina
Seller's Agent
Gina Ammon
JohnHart Corp.
Buyer's Agent
Gina Ammon
JohnHart Corp.
List Price
$1,300,000
Sold Price
$1,275,000
Premium/Discount to List
-$25,000
-1.92%
Current Estimated Value
$1,937,017

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$662,017
Avg. Annual Appreciation
4.98%

Purchase Details

Closed on
Feb 2, 2016
Sold by
Walling William E and Walling Dorla A
Bought by
Walling William E and Walling Dorla A

Purchase Details

Closed on
Feb 1, 2016
Sold by
Walling William Elton
Bought by
Walling William E and Walling Dorla A

Purchase Details

Closed on
Aug 14, 2013
Sold by
Rodgers Maureen Joyce
Bought by
Separate Rodgers Maureen Joyce and Separate Maureen Joyce Rodgers

Purchase Details

Closed on
Jul 12, 2011
Sold by
Walling Kenneth Alan and Walling Geraldine C
Bought by
Walling Kenneth A and Walling Geraldine C

Purchase Details

Closed on
Nov 3, 2010
Sold by
Walling Kenneth Alan and Rodgers Maureen Joyce
Bought by
Walling Kenneth Alan and Rodgers Maureen Joyce

Purchase Details

Closed on
Aug 15, 2006
Sold by
Walling Lillie Etta and Walling Family Trust
Bought by
Walling Lillie Etta and Walling Kenneth Alan

Purchase Details

Closed on
Feb 10, 2005
Sold by
Walling Lillie Etta and Walling Family Trust
Bought by
Walling Lillie Etta and Walling Kenneth Alan

Purchase Details

Closed on
Feb 18, 1997
Sold by
Walling Elton and Walling Lillie E
Bought by
Walling Elton and Walling Lillie Etta
Source: Public Records

Range of Values:

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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
Diaz Eladio $1,275,000 North American Title
Walling William E -- None Available
Walling William E -- None Available
Separate Rodgers Maureen Joyce -- None Available
Walling Kenneth A -- None Available
Walling Kenneth Alan -- None Available
Walling Lillie Etta -- --
Walling Elton -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/03/2018 01/03/18 Sold $1,275,000 -1.9% $318 / Sq Ft
11/13/2017 11/13/17 Pending -- -- --
11/03/2017 11/03/17 For Sale $1,300,000 -- $325 / 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 $19,765 $1,450,729 $580,292 $870,437
2024 $19,765 $1,422,284 $568,914 $853,370
2023 $19,320 $1,394,397 $557,759 $836,638
2022 $18,766 $1,367,057 $546,823 $820,234
2021 $18,395 $1,340,252 $536,101 $804,151
2020 $17,839 $1,326,510 $530,604 $795,906
2019 $17,527 $1,300,500 $520,200 $780,300
2018 $2,388 $89,725 $22,950 $66,775
2016 $2,270 $86,242 $22,059 $64,183
2015 $2,233 $84,947 $21,728 $63,219
2014 $2,241 $83,284 $21,303 $61,981
Source: Public Records

Agents Affiliated with this Home

  • Gina Ammon

    Seller's Agent in 2018

    Gina Ammon

    JohnHart Corp.

    (310) 489-1021

    52 in this area

    94 Total Sales

    Gina Ammon
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR17245315

California Regional Multiple Listing Service (CRMLS)

APN: 8505-002-029

California Los Angeles County Monrovia 91016

326 Linwood Ave, Monrovia, CA

This home is located at 326 Linwood Ave, Monrovia, CA 91016 since 03 November 2017 and is currently estimated at $1,937,017, approximately $483 per square foot. This property was built in 1911. 326 Linwood Ave is a home located in Los Angeles County with nearby schools including Monroe 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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