Seller's Agent in 2022
Margaret Garemore
Seven Gables Real Estate
(626) 483-4611
7 in this area
63 Total Sales
347 W Palm Ave Monrovia, CA 91016
Estimated Value: $858,000 - $994,000
2
Beds
2
Baths
1,550
Sq Ft
$600/Sq Ft
Est. Value
Highlights
- Traditional Architecture
- Wood Flooring
- Bonus Room
- Monrovia High School Rated A
- Main Floor Bedroom
- Corner Lot
About This Home
As of October 2022This charming 1948 Traditional residence awaits your ideas and plans. The home offers a wonderful floor plan and nice detailing, but is in need of updating and remodeling. The home opens to a light and bright formal living room with fireplace and a separate formal dining room, both with hardwood floors, wood windows and coffered ceilings. The kitchen has wood cabinets, tile countertops, stove, refrigerator, dishwasher, pendant and recessed lighting, and an adjacent breakfast room with beadboard. The home has 2 bedrooms, 2 bathrooms, and a large bonus room which can be used as a third bedroom or family room. Other amenities include 1,550 square feet of living space, a separate laundry room with washer and dryer, recessed lighting and ceiling fans. The 5,870 square foot corner lot features drought-tolerant gardens, mature trees, a private fenced rear yard and a detached garage.
Last Agent to Sell the Property
Seven Gables Real Estate License #01224802 Listed on: 08/21/2022
Home Details
Home Type
- Single Family
Year Built
- Built in 1948
Lot Details
- 5,870 Sq Ft Lot
- South Facing Home
- Block Wall Fence
- Corner Lot
- Private Yard
- Garden
- Back and Front Yard
- Property is zoned MORM*
Parking
- 2 Car Garage
- Parking Available
- Single Garage Door
Home Design
- Traditional Architecture
- Entry on the 1st floor
- Fixer Upper
- Raised Foundation
- Shingle Roof
- Composition Roof
- Stucco
Interior Spaces
- 1,550 Sq Ft Home
- 1-Story Property
- Coffered Ceiling
- Ceiling Fan
- Recessed Lighting
- Wood Frame Window
- Sliding Doors
- Entryway
- Living Room with Fireplace
- Dining Room
- Bonus Room
- Center Hall
- Neighborhood Views
Kitchen
- Breakfast Area or Nook
- Gas Range
- Range Hood
- Dishwasher
- Tile Countertops
- Disposal
Flooring
- Wood
- Tile
- Vinyl
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
- 2 Bathrooms
- Walk-in Shower
- Exhaust Fan In Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Cooling System Mounted To A Wall/Window
- Floor Furnace
- Natural Gas Connected
- Gas Water Heater
- Cable TV Available
Additional Features
- Ramp on the main level
- Concrete Porch or Patio
- Suburban Location
Community Details
- No Home Owners Association
Listing and Financial Details
- Legal Lot and Block 15 / D
- Assessor Parcel Number 8505002009
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 21, 2022
Closed on
Sep 26, 2022
Sold by
Kokum John
Bought by
Yuk Jong
Seller's Agent
Margaret Garemore
Seven Gables Real Estate
Buyer's Agent
Geoff Clark
Compass
List Price
$899,000
Sold Price
$760,000
Premium/Discount to List
-$139,000
-15.46%
Views
113
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$169,892
Avg. Annual Appreciation
6.04%
Purchase Details
Closed on
Dec 23, 2014
Sold by
Dragan Georgina Noreen
Bought by
Dragan Georgia Noreen and Georgia Noreen Dragan Trust
Purchase Details
Closed on
Dec 16, 1995
Sold by
Groomer Mark Alan and Groomer Edith L
Bought by
Dragan Georgia N
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$107,500
Interest Rate
7.18%
Purchase Details
Closed on
May 12, 1976
Sold by
Groomer Hardy H
Bought by
Groomer Edith Louise
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Yuk Jong | -- | Lawyers Title | |
| Dragan Georgia Noreen | -- | None Available | |
| Dragan Georgia N | $152,500 | Title Land Company | |
| Groomer Edith Louise | -- | Title Land |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Dragan Georgia N | $107,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/13/2022 10/13/22 | Sold | $760,000 | -4.9% | $490 / Sq Ft |
| 09/13/2022 09/13/22 | Pending | -- | -- | -- |
| 08/30/2022 08/30/22 | Price Changed | $799,000 | -11.1% | $515 / Sq Ft |
| 08/21/2022 08/21/22 | For Sale | $899,000 | -- | $580 / 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 | $10,562 | $799,963 | $632,563 | $167,400 |
| 2024 | $10,562 | $784,278 | $620,160 | $164,118 |
| 2023 | $10,204 | $760,000 | $608,000 | $152,000 |
| 2022 | $3,403 | $238,703 | $154,654 | $84,049 |
| 2021 | $3,329 | $234,023 | $151,622 | $82,401 |
| 2019 | $3,118 | $227,084 | $147,126 | $79,958 |
| 2018 | $3,042 | $222,633 | $144,242 | $78,391 |
| 2016 | $2,910 | $213,990 | $138,642 | $75,348 |
| 2015 | $2,845 | $210,777 | $136,560 | $74,217 |
| 2014 | $2,820 | $206,649 | $133,885 | $72,764 |
Source: Public Records
Agents Affiliated with this Home
-
Margaret Garemore
-
Geoff Clark
Buyer's Agent in 2022
Geoff Clark
Compass
(323) 459-3845
1 in this area
44 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR22179294
APN: 8505-002-009
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.
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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