Seller's Agent in 2019
Jonathan Minerick
Homecoin.com
(888) 400-2513
7,233 Total Sales
406 E Lime Ave Monrovia, CA 91016
Estimated Value: $1,239,000 - $1,875,000
6
Beds
6
Baths
3,550
Sq Ft
$444/Sq Ft
Est. Value
Highlights
- Spa
- Primary Bedroom Suite
- Contemporary Architecture
- Clifton Middle School Rated A-
- Open Floorplan
- 1-minute walk to Rotary Park
About This Home
As of July 2019PRICE REDUCED - SOLID CAP RATE Fantastic Old Town Monrovia Duplex - Great investment opportunity or live in 1 unit and rent out the other. Two bright, very large, breezy townhouses, each is 1775 sq. ft. with its own patio/yard and attached 2 car garage with laundry hookup. Separate electricity and gas meters. Low maintenance yard. New HVAC system installed in the back unit. Back unit also has beautiful upgraded finishes and a large private patio. 1 mile from Metro station and adjoining new developments being built by national developers. Quick access to the 210 Freeway and to Walmart, Home Depot and other national retailers. Short walk to Old Monrovia downtown and the restaurants, stores, movie theaters and library/city hall, as well as a short walk to the local elementary school and community hospital. There's upside rent potential.
Last Agent to Sell the Property
Homecoin.com License #01523060 Listed on: 04/16/2019
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1991
Lot Details
- 8,005 Sq Ft Lot
- 1 Common Wall
- Wood Fence
- Brick Fence
- Level Lot
- Drip System Landscaping
- Front Yard
Parking
- 4 Car Garage
- 2 Open Parking Spaces
- Parking Available
- Rear-Facing Garage
- Shared Driveway
Home Design
- Duplex
- Contemporary Architecture
- Patio Home
- Entry on the 1st floor
- Slab Foundation
- Asphalt Roof
- Common Roof
Interior Spaces
- 3,550 Sq Ft Home
- 2-Story Property
- Open Floorplan
- Two Story Ceilings
- Ceiling Fan
- Living Room with Fireplace
- Laminate Flooring
Kitchen
- Walk-In Pantry
- Gas Range
- Range Hood
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 6 Bedrooms
- All Upper Level Bedrooms
- Primary Bedroom Suite
- 6 Bathrooms
- Spa Bath
Laundry
- Laundry Room
- Laundry in Garage
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Outdoor Features
- Spa
- Exterior Lighting
- Shed
Location
- Property is near public transit
- Suburban Location
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Tenant pays for electricity, gas, trash collection
- Tax Lot 6
- Assessor Parcel Number 8517006008
Community Details
Overview
- 2 Units
- Foothills
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $775
- Water Sewer Expense $1,300
- Operating Expense $17,000
- Gross Income $4,950
- Net Operating Income $53,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 16, 2019
Closed on
Jul 19, 2019
Sold by
Choi Franky Ming Chi
Bought by
Lo Tammy Michelle
Seller's Agent
Jonathan Minerick
Homecoin.com
Buyer's Agent
NoEmail NoEmail
None MRML
List Price
$1,280,000
Sold Price
$1,168,000
Premium/Discount to List
-$112,000
-8.75%
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
$406,869
Avg. Annual Appreciation
4.78%
Original Mortgage
$700,800
Outstanding Balance
$613,963
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$960,906
Purchase Details
Listed on
Jul 25, 2014
Closed on
Sep 17, 2014
Sold by
Duby Cynthia
Bought by
Johnson Eric S and Yee Jessica C
Seller's Agent
Tomas Schoff
American Dream Homes
Buyer's Agent
Tomas Schoff
American Dream Homes
List Price
$980,000
Sold Price
$806,000
Premium/Discount to List
-$174,000
-17.76%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.97%
Purchase Details
Closed on
Jan 4, 2012
Sold by
Browning Richard E and Duby Cynthia J
Bought by
Duby Cynthia J
Purchase Details
Closed on
Feb 27, 2007
Sold by
Browning Richard E and Browning Anna Marie
Bought by
Browning Richard E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$675,000
Interest Rate
6.21%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 27, 2001
Sold by
Coykendall Scott G and Coykendall Milinda J
Bought by
Browning Richard E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
7.14%
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 |
|---|---|---|---|
| Lo Tammy Michelle | -- | Equity Title Company | |
| Choi Pik Wah | $1,168,000 | Chicago Title Co Los Angeles | |
| Johnson Eric S | $806,000 | First American Title | |
| Duby Cynthia J | -- | None Available | |
| Browning Richard E | -- | Fidelity National Title | |
| Duby Cynthia J | -- | Fidelity National Title | |
| Browning Richard E | $360,000 | Equity Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Lo Tammy Michelle | $700,800 | |
| Previous Owner | Duby Cynthia J | $675,000 | |
| Previous Owner | Browning Richard E | $250,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 07/30/2019 07/30/19 | Sold | $1,168,000 | -5.8% | $329 / Sq Ft | |
| 06/11/2019 06/11/19 | Pending | -- | -- | -- | |
| 05/25/2019 05/25/19 | Price Changed | $1,240,000 | -3.1% | $349 / Sq Ft | |
| 04/16/2019 04/16/19 | For Sale | $1,280,000 | +58.8% | $361 / Sq Ft | |
| 09/29/2014 09/29/14 | Sold | $806,000 | -17.8% | $227 / Sq Ft | View Prior Sale |
| 09/09/2014 09/09/14 | Pending | -- | -- | -- | |
| 07/25/2014 07/25/14 | For Sale | $980,000 | -- | $276 / 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 |
|---|---|---|---|---|
| 2025 | $17,003 | $1,277,373 | $730,553 | $546,820 |
| 2024 | $17,003 | $1,252,328 | $716,229 | $536,099 |
| 2023 | $16,615 | $1,227,774 | $702,186 | $525,588 |
| 2022 | $16,132 | $1,203,701 | $688,418 | $515,283 |
| 2021 | $15,810 | $1,180,100 | $674,920 | $505,180 |
| 2020 | $15,321 | $1,168,000 | $668,000 | $500,000 |
| 2019 | $11,627 | $868,374 | $538,694 | $329,680 |
| 2018 | $11,314 | $851,348 | $528,132 | $323,216 |
| 2016 | $10,862 | $818,291 | $507,625 | $310,666 |
| 2015 | $10,626 | $806,000 | $500,000 | $306,000 |
| 2014 | $9,738 | $727,487 | $358,620 | $368,867 |
Source: Public Records
Agents Affiliated with this Home
-
Jonathan Minerick
-
NoEmail NoEmail
N
Buyer's Agent in 2019
NoEmail NoEmail
None MRML
(646) 541-2551
6,161 Total Sales
-
Tomas Schoff
T
Seller's Agent in 2014
Tomas Schoff
American Dream Homes
(877) 760-9222
6 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: TR19086880
APN: 8517-006-008
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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