NOT LISTED FOR SALE

331 S Madison Ave Unit A Monrovia, CA 91016

Estimated Value: $1,162,000 - $1,288,147

1 Bed
1 Bath
1,000 Sq Ft
$1,214/Sq Ft Est. Value

Highlights

  • Mountain View
  • Private Yard
  • Laundry Room
  • Plymouth Elementary School Rated A-
  • No HOA
  • 1-Story Property

About This Home

As of December 2018

Bungalow home detached with private yard. Tenant maintains yard. 1 bedroom 1 bath. New paint and carpet. Range is provided. Unit has washer dryer hook ups you need to provide washer dryer and refrigerator. Across the street from Monrovia High School. Near shopping, transportation, freeway access and Downtown Monrovia. Clean and well maintained unit 3 units on the property driveway is shared. Parking is driveway parking and as City allows on the street.

REQUIREMENTS FOR APPROVAL:
640+ credit score
& Consistent on time payments on credit history & 2X+ rent to income
& 7 years with NO evictions OR violent felonies.

CO-SIGNERS: YES
IF CO-SIGNER has over 685 credit score & 3X+ rent to income.

PETS: Owners always prefer no pets but will consider pets with an excellent application small dogs and cats with great applications and an additional deposit of $500 per pet.

SECURITY DEPOSIT: SAME AS RENT
OAC, approval requirements, and Pets.

SHORT TERM RENTALS: YES
Most landlords will allow terms under 12 months. For 6 month term it is 15% more per month and for month to month it is 20% more per month. As approved by landlord on a case by case basis.

Last Agent to Rent the Property

Sean Glaze

SQUIRE REALTY License #01394201 Listed on: 11/08/2018

Co-Listed By

Charlotte Glaze

SQUIRE REALTY License #01176272

Last Renter's Agent

Sean Glaze

SQUIRE REALTY License #01394201 Listed on: 11/08/2018

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,417

Year Built

  • Built in 1938

Lot Details

  • 6,723 Sq Ft Lot
  • Private Yard
  • Back Yard
  • Density is 16-20 Units/Acre
  • Property is zoned MORH*

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,000 Sq Ft Home
  • 1-Story Property
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • 1 Full Bathroom

Parking

  • 1 Open Parking Space
  • 1 Parking Space

Location

  • Suburban Location

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Security Deposit $1,500
  • 12-Month Minimum Lease Term
  • Available 11/8/18
  • Assessor Parcel Number 8505030004

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,417

Year Built

Built in 1938

Lot Details

0

Rental Info

  • Available Date: 2018-11-08
  • Credit Check Paid By: Tenant
  • Deposit Pets: 500
  • Deposit Security: 1500
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions
  • Transfer Fee Paid By: Tenant

Listing Details

  • Property Attached: No
  • View: Yes
  • Zoning: MORH*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 8505030004
  • Year Built: 1938
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1000.00 Square Feet
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 1.50
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 1.00
  • Uncovered Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Schools

  • School District: Monrovia Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 16-20 Units/Acre, Back Yard, Walkstreet, Yard
  • Lot Size Sq Ft: 6723.00
  • Lot Size Acres: 0.1543

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 6723.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4310.01

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 6, 2024
Sold by
Ng Eddie Ho Wah
Bought by
331 Madison Llc
Current Estimated Value
$1,214,287

Purchase Details

Closed on
Oct 4, 2021
Sold by
Moline Ernest B and Tyck Family Marital Trust
Bought by
Ng Eddie Ho Wah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$707,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 28, 2021
Sold by
Lam Sheiline Man Wei
Bought by
Ng Eddie Ho Wah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$707,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 15, 1996
Sold by
Moline Ernest B and Moline Joyce C
Bought by
Moline Ernest B and Moline Joyce C

Purchase Details

Closed on
Oct 30, 1995
Sold by
Tyck Therisa L and Tyck Robert J
Bought by
Tyck Therisa L and Tyck Robert J

Purchase Details

Closed on
Oct 4, 1993
Sold by
Tyck John E and Tyck Therisa L
Bought by
Tyck John E and Tyck Therisa L
Source: Public Records

Range of Values:

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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
331 Madison Llc -- None Listed On Document
331 Madison Llc -- None Listed On Document
Ng Eddie Ho Wah $1,078,000 New Title Company Name
Ng Eddie Ho Wah -- New Title Company Name
Moline Ernest B -- --
Tyck Therisa L -- --
Tyck John E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ng Eddie Ho Wah $707,000
Previous Owner Ng Eddie Ho Wah $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2018 12/19/18 Rented $1,500 0.0% --
11/13/2018 11/13/18 Price Changed $1,500 -11.8% $2 / Sq Ft
11/08/2018 11/08/18 For Rent $1,700 +70.0% --
08/15/2012 08/15/12 Rented $1,000 0.0% --
08/03/2012 08/03/12 Under Contract -- -- --
07/06/2012 07/06/12 For Rent $1,000 -- --
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 $15,417 $1,143,981 $666,438 $477,543
2024 $15,417 $1,121,551 $653,371 $468,180
2023 $15,065 $1,099,560 $640,560 $459,000
2022 $14,630 $1,078,000 $628,000 $450,000
2021 $1,894 $71,273 $38,417 $32,856
2020 $1,863 $70,544 $38,024 $32,520
2019 $1,840 $69,162 $37,279 $31,883
2018 $1,734 $67,807 $36,549 $31,258
2016 $1,667 $65,177 $35,131 $30,046
2015 $1,639 $64,199 $34,604 $29,595
2014 $1,644 $62,943 $33,927 $29,016
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18269461

California Regional Multiple Listing Service (CRMLS)

APN: 8505-030-004