P
Seller's Agent in 2014
Pam Kennedy
Compass
(562) 547-4489
67 Total Sales
401 W Colorado Blvd Monrovia, CA 91016
Estimated Value: $841,000
2
Beds
2
Baths
1,576
Sq Ft
$534/Sq Ft
Est. Value
Highlights
- Corner Lot
- No HOA
- Carpet
- Monrovia High School Rated A
- Cooling System Mounted To A Wall/Window
- 4-minute walk to Lucinda Garcia Park
About This Home
As of February 2014New price as of 11/14/2013. Great opportunity for enterprising individual: successful market plus two bedroom unit makes for a self-sufficient operation. Large corner lot gives lots of choices and storage capability with two car garage adding more value. Monrovia Market has nice set up to service local neighborhood...or could be another type of business endeavor...you choose! Market has been in place since 1924 and comes fully loaded with shelving, register, etc. Parking in rear and between unit and store. Check with City for any restrictions. See agent remarks.
Co-Listed By
Terence Kennedy
Kennedy Properties License #01079416
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1963
Lot Details
- 8,312 Sq Ft Lot
- No Common Walls
- Corner Lot
- Rectangular Lot
- Level Lot
- Density is 2-5 Units/Acre
Parking
- 2 Car Garage
- Parking Available
- Unassigned Parking
Interior Spaces
- 1,576 Sq Ft Home
- 1-Story Property
- Carpet
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Sewer Paid
Additional Features
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Tenant pays for gas, HVAC maintenance, water
- Tax Lot 15
- Tax Tract Number 6218
- Assessor Parcel Number 8505006019
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- 1 Leased Unit
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- New Taxes Expense $5,600
- Gross Income $15,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Feb 10, 2017
Sold by
Kensing Development Inc
Bought by
Dsc Investment Groupllc
Current Estimated Value
Purchase Details
Closed on
Jul 25, 2014
Sold by
Li Liting and The Liting Li Family Trust
Bought by
Kensing Development Inc
Purchase Details
Listed on
May 24, 2013
Closed on
Jan 23, 2014
Sold by
Castellanos Victor
Bought by
Li Liting and The Liting Li Family Trust
Seller's Agent
Pam Kennedy
Compass
Buyer's Agent
Kam Li
RED DRAGON REALTY CORP.
List Price
$555,000
Sold Price
$388,000
Premium/Discount to List
-$167,000
-30.09%
Purchase Details
Closed on
Jan 28, 2004
Sold by
Yee Joe T and Yee Grace S C
Bought by
Castellanos Victor
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jun 12, 2001
Sold by
Wang Wen Tsai and Wang Li Chu
Bought by
Yee Joe T and Yee Grace S C
Purchase Details
Closed on
Mar 16, 2000
Sold by
Pabon William A
Bought by
Wang Wen Tsai and Wang Li Chu
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,375
Interest Rate
8.38%
Purchase Details
Closed on
Mar 31, 1998
Sold by
Temme R C and The R C Temme Corp Profit Shar
Bought by
Pabon William A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
7.13%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Mar 30, 1998
Sold by
Pabon Mary Ann
Bought by
Pabon William A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
7.13%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Jun 25, 1997
Sold by
Temme R C and R C Temme Corp Profit Sharing
Bought by
Temme R C and The R C Temme Corp Profit Shar
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.91%
Purchase Details
Closed on
May 13, 1997
Sold by
Clark James N and Clark Temme R
Bought by
Temme R C and R C Temme Corp Defined Benefit
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.91%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Dsc Investment Groupllc | $500,000 | Chicago Title Company | |
| Kensing Development Inc | $400,000 | Chicago Title Company | |
| Li Liting | $388,000 | Chicago Title Company | |
| Castellanos Victor | $350,000 | Ticor Title Co | |
| Yee Joe T | $236,000 | Southland Title | |
| Wang Wen Tsai | $192,500 | American Title Co | |
| Pabon William A | $145,000 | Old Republic Title Company | |
| Pabon William A | -- | Old Republic Title | |
| Temme R C | -- | Old Republic Title | |
| Temme R C | $75,001 | First Southwestern Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Castellanos Victor | $280,000 | |
| Previous Owner | Wang Wen Tsai | $144,375 | |
| Previous Owner | Pabon William A | $116,000 | |
| Previous Owner | Temme R C | $100,000 | |
| Closed | Castellanos Victor | $52,500 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 02/19/2014 02/19/14 | Sold | $388,000 | -30.1% | $246 / Sq Ft |
| 02/04/2014 02/04/14 | Pending | -- | -- | -- |
| 05/24/2013 05/24/13 | For Sale | $555,000 | -- | $352 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2020 | -- | $660,070 | $395,830 | $264,240 |
| 2019 | -- | $647,128 | $388,069 | $259,059 |
| 2018 | -- | $634,440 | $380,460 | $253,980 |
| 2016 | -- | $406,100 | $324,880 | $81,220 |
| 2015 | -- | $400,000 | $320,000 | $80,000 |
| 2014 | -- | $405,933 | $286,474 | $119,459 |
Source: Public Records
Agents Affiliated with this Home
-
Pam Kennedy
-
T
Seller Co-Listing Agent in 2014
Terence Kennedy
Kennedy Properties
-
Kam Li
Buyer's Agent in 2014
Kam Li
RED DRAGON REALTY CORP.
(626) 203-1974
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW13099078
APN: 8505-006-019
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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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