Kenneth Tananan
Re/Max Top Producers
(909) 450-8850
12 Total Sales
1 in Monrovia
$965,000 Price
406 E Lime Ave Monrovia, CA 91016
Monrovia AreaEstimated Value: $1,590,120 - $1,807,000
6
Beds
6
Baths
3,550
Sq Ft
$488/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
Last Buyer's Agent
NONE NONE
None MRML License #N/A
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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
- Laundry in Garage
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
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
Amenities
- Laundry Facilities
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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 16, 2019
Closed on
Jul 19, 2019
Sold by
Bought by
Seller's Agent
Jonathan Minerick
Homecoin.com
Buyer's Agent
NONE NONE
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
$565,530
Avg. Annual Appreciation
5.77%
Original Mortgage
$700,800
Outstanding Balance
$601,940
Interest Rate
3.82%
Mortgage Type
New Conventional
Estimated Equity
$1,131,590
Purchase Details
Listed on
Jul 25, 2014
Closed on
Sep 17, 2014
Sold by
Bought by
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
Bought by
Purchase Details
Closed on
Feb 27, 2007
Sold by
Bought by
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
Bought by
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%
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Monrovia, CA
-
Kenneth Tananan
-
Andrew Loeffler
Andrew Loeffler
Re/Max Premier Properties
(951) 432-5235
40 Total Sales
4 in Monrovia
$680K - $872K Price Range
-
Harry Khayalian
HK
Harry Khayalian
Lucent Properties
(626) 316-6867
14 Total Sales
1 in Monrovia
$1,070,000 Price
-
Jenny Wu
Jenny Wu
IDEAL REALTY
(628) 262-2709
13 Total Sales
2 in Monrovia
$790K - $890K Price Range
-
Rudy Kusuma
Rudy Kusuma
LPT Realty, Inc
(916) 249-4078
153 Total Sales
1 in Monrovia
$590,000 Price
-
'Vic' Vartan Markarian
'Vic' Vartan Markarian
Markarian Realty
(626) 240-5877
116 Total Sales
2 in Monrovia
$990,000 Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $1,168,000 | Chicago Title Co Los Angeles | ||
| -- | Equity Title Company | ||
| $806,000 | First American Title | ||
| -- | None Available | ||
| -- | Fidelity National Title | ||
| -- | Fidelity National Title | ||
| $360,000 | Equity Title Company |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $700,800 | ||
| Previous Owner | $675,000 | ||
| Previous Owner | $246,600 | ||
| Previous Owner | $250,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $17,424 | $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
Seller's Agent in 2019
Jonathan Minerick
Homecoin.com
(888) 400-2513
7,909 Total Sales
-
N
Buyer's Agent in 2019
NONE NONE
None MRML
-
Tomas Schoff
T
Seller's Agent in 2014
Tomas Schoff
American Dream Homes
(877) 760-9222
3 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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