NOT LISTED FOR SALE

405 E Lemon Ave Monrovia, CA 91016

Estimated Value: $993,000 - $1,116,000

2 Beds
1 Bath
1,140 Sq Ft
$934/Sq Ft Est. Value

Last Sold September 27, 2013

Last sale price $517,200 $454 Per Sq Ft

Est. 106% increase in value since last sale

Current estimated payment $6,309/month

Highlights

  • All Bedrooms Downstairs
  • Craftsman Architecture
  • No HOA
  • Clifton Middle School Rated A-
  • Wood Flooring
  • 1-minute walk to Rotary Park

About This Home

As of March 2014

Cute character craftsman home with a stylish new kitchen and bathroom. Property has the original windows and built-ins. The new tenant will enjoy new stainless steel appliances, cesar stone countertops and brand new washer and dryer. Spacious bedrooms with a formal dining room area, large living room, and central air and heat.

Property has a spacious backyard, plus a one car garage with electrical, which can be used as creative space. Driveway has space for two cars plus plenty of street parking is available.

Easy access to the 210 freeway and only three blocks east of the restaurants, movies, and shops in Old Town Monrovia.

NOTE: This property is part of two homes on a lot (Duplex) it is the front house. There are no common walls. The neighbor in the back has agreed to get their mail and walk around to their unit in the back, so you will have privacy.

Last Agent to Rent the Property

Douglas Lee

COMPASS License #01463907 Listed on: 12/27/2013

COMPASS

Last Renter's Agent

Douglas Lee

COMPASS License #01463907 Listed on: 12/27/2013

COMPASS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930 | Remodeled

Lot Details

  • 8,004 Sq Ft Lot
  • South Facing Home
  • Wood Fence
  • New Fence
  • Density is up to 1 Unit/Acre

Parking

  • 1 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • Craftsman Architecture
  • Turnkey
  • Cosmetic Repairs Needed
  • Pillar, Post or Pier Foundation
  • Raised Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Wood Siding
  • Shingle Siding
  • Partial Copper Plumbing
  • Concrete Perimeter Foundation
  • Asphalt

Interior Spaces

  • 1,140 Sq Ft Home
  • Built-In Features
  • Ceiling Fan
  • Blinds
  • Panel Doors
  • Dining Room with Fireplace
  • Wood Flooring
  • Laundry Room

Kitchen

  • Breakfast Bar
  • Gas Oven
  • Built-In Range
  • Freezer
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 1 Full Bathroom

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • No Interior Steps
  • Accessible Parking

Outdoor Features

  • Patio
  • Exterior Lighting
  • Rain Gutters
  • Porch

Utilities

  • Central Heating and Cooling System
  • Tankless Water Heater
  • Gas Water Heater

Additional Features

  • Two Homes on a Lot
  • Suburban Location

Listing and Financial Details

  • Security Deposit $2,000
  • Rent includes gardener, trash collection
  • 12-Month Minimum Lease Term
  • Tax Lot 10
  • Assessor Parcel Number 8517006011

Community Details

Overview

  • No Home Owners Association
  • Foothills
  • Mountainous Community

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1930 | Remodeled

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Credit Report, Security Deposit
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 100
  • Deposit Pets: 500
  • Deposit Security: 2000
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Transfer Fee Paid By: Owner

Listing Details

  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Smoke Detector(s)
  • View: No
  • Architectural Style: Craftsman
  • Property Condition: Repairs Cosmetic, Updated/Remodeled, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 8517006011
  • Year Built: 1930
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1140.00
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Copper Plumbing Partial, Unfurnished
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Accessibility Features: No Interior Steps, Parking
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Panel Doors
  • Eating Area: Breakfast Counter / Bar
  • Fireplace Features: Dining Room
  • Levels: One
  • Price Per Square Foot: 1.93
  • Room Type: All Bedrooms Down
  • Window Features: Blinds

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Foundation: Concrete Perimeter, Pillar/Post/Pier, Raised
  • Other Structures: Two On A Lot
  • Exterior Features: Lighting, Rain Gutters
  • Fence: Yes
  • Fencing: New Condition, Wood, Excellent Condition
  • Patio And Porch Features: Porch
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Asphalt, Drywall Walls, Shingle Siding, Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Freezer, Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Refrigerator, Tankless Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Common Area
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Foothills, Mountainous, Sidewalks, Street Lights, Storm Drains, Suburban

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 8004.00
  • Lot Size Acres: 0.1840

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 8004.0000 Square Feet
  • Rent Includes: Gardener, Trash Collection

Tax Info

  • Tax Lot: 10

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 27, 2019
Sold by
Ku Catherine
Bought by
Catherine Ku Trust
Current Estimated Value
$1,065,052

Purchase Details

Closed on
Mar 25, 2019
Sold by
Yeh Charles
Bought by
Ku Catherine

Purchase Details

Closed on
Dec 11, 2018
Sold by
Yeh Charles and Ku Catherine
Bought by
Yeh Charles and Ku Catherine

Purchase Details

Closed on
May 8, 2017
Sold by
Yeh Charles
Bought by
Yeh Charles and Ku Catherine

Purchase Details

Closed on
May 3, 2017
Sold by
Yeh Charles and Ku Catherine
Bought by
Yeh Charles and Ku Catherine

Purchase Details

Listed on
Jun 30, 2013
Closed on
Aug 26, 2013
Sold by
Pittenger Richard and Hollar Daniel M
Bought by
Yeh Charles S and Ku Catherine Y
Seller's Agent
JOHN NEFF
GOLDEN BEAR REALTY GROUP
Buyer's Agent
Douglas Lee
COMPASS
List Price
$579,000
Sold Price
$517,200
Premium/Discount to List
-$61,800
-10.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.07%
Original Mortgage
$387,900
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 19, 2011
Sold by
Pittenger Richard and Pittenger Stacie
Bought by
Pittenger Richard and Pittenger Stacie

Purchase Details

Closed on
Dec 10, 2008
Sold by
Brookside Properties
Bought by
Pittenger Richard and Pittenger Stacie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 10, 2008
Sold by
Fontes Danna S
Bought by
Brookside Properties

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$202,500
Interest Rate
4.76%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2006
Sold by
Trevino Salvador
Bought by
Fontes Danna S

Purchase Details

Closed on
Oct 30, 1998
Sold by
Cecilia Cruz Edward and Cecilia Cecilia
Bought by
Fontes Danna S and Fontes Robert J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,287
Interest Rate
6.61%
Mortgage Type
FHA
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
Catherine Ku Trust -- None Available
Ku Catherine -- None Available
Yeh Charles -- None Available
Yeh Charles -- None Available
Yeh Charles -- None Available
Yeh Charles S $517,500 American Coast Title
Pittenger Richard -- American Coast Title
Pittenger Richard -- None Available
Pittenger Richard -- Lsi Local Solutions
Brookside Properties $102,605 Fidelity Natl Title Ins Co
Fontes Danna S -- None Available
Fontes Danna S $196,000 Old Republic Title Company
Fontes Robert J -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Yeh Charles S $387,900
Previous Owner Pittenger Richard $202,500
Previous Owner Fontes Danna S $190,287
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
02/14/2014 02/14/14 Rented $2,200 +10.0% --
01/15/2014 01/15/14 Under Contract -- -- --
12/27/2013 12/27/13 For Rent $2,000 0.0% --
09/27/2013 09/27/13 Sold $517,200 -10.7% $299 / Sq Ft View Prior Sale
08/19/2013 08/19/13 Pending -- -- --
06/30/2013 06/30/13 For Sale $579,000 -- $335 / 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 $8,752 $634,005 $514,856 $119,149
2024 $8,752 $621,574 $504,761 $116,813
2023 $8,554 $609,387 $494,864 $114,523
2022 $8,310 $597,439 $485,161 $112,278
2021 $8,147 $585,726 $475,649 $110,077
2020 $7,904 $579,721 $470,772 $108,949
2019 $7,767 $568,355 $461,542 $106,813
2018 $7,557 $557,212 $452,493 $104,719
2016 $7,268 $535,576 $434,923 $100,653
2015 $7,111 $527,533 $428,391 $99,142
2014 $7,043 $517,200 $420,000 $97,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR13252267

California Regional Multiple Listing Service (CRMLS)

APN: 8517-006-011