Seller's Agent in 2020
Erika Shinzato
RE/Max Time
(323) 314-3998
2 in this area
113 Total Sales
411 S Alta Vista Ave Monrovia, CA 91016
Estimated Value: $1,214,000 - $1,530,000
6
Beds
3
Baths
2,552
Sq Ft
$533/Sq Ft
Est. Value
Highlights
- Laundry Room
- Central Heating and Cooling System
- Level Lot
- Monrovia High School Rated A
- Turnkey
About This Home
As of July 2020Huge Price Reduction, Property Sold As-Is Condition. No Termite.
Nestled in the heart of N. Monrovia, these 2 Homes on a Lot have Great Rental Income Potential in a Ideal Location and Only a Few Blocks from Old Town Monrovia and Farmers Market. It is Approx. a Mile from the Monrovia & Arcadia Train Stations for Easy Transportation. The Front Home Features, 4 BD, 1.75 BA & The Back Home Features, 2 BD, 1 Full BA. Homes are on a lot of 8,268 Sqft.
THE FRONT HOUSE: Is a Two Story Home, with a 3 Car Detached Garage and Electronically Gated Private Large Driveway. There are 2 Bedrooms on the Main Floor & the Additional 2 Bedrooms on the Upstairs. On the Main Floor You will Find a Combination Dining/Living Room with a Kitchen. The Kitchen is Spacious with Lots of Counter and Cabinet Storage Space Throughout. There is a Large Loft with High Pitched Ceilings on the Top Floor. In the Main Home You will Find Wood Laminate Flooring in Dining/Living Room and Vinyl Flooring in the Bedrooms & Loft Upstairs. There are 2 Balconies. The Main Front Home has Central A/C & Heat and a Large Basement Underground. The Basement has a Functional Wall Unit and Tile Flooring Throughout.
THE BACK HOUSE: Is a Single Story Home, with a 1 Car Detached Garage and with a Gated Private Driveway. The Back Home is Comprised of 2 Bedrooms with 1 Full Bathroom, and with Laundry Hook-ups in the Hallway. There is a Combination Living/Dining Room and Spacious Kitchen with Granite Countertops.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,975
Year Built
- Built in 1964
Lot Details
- 8,268 Sq Ft Lot
- No Common Walls
- Level Lot
- Corners Of The Lot Have Been Marked
- Value in Land
Parking
- 4 Car Garage
Home Design
- 2,552 Sq Ft Home
- Turnkey
Bedrooms and Bathrooms
- 6 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for all utilities
- Legal Lot and Block 12 / G
- Tax Tract Number 4310
- Assessor Parcel Number 8505007014
Community Details
Overview
- 2 Buildings
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Insurance Expense $1,231
- New Taxes Expense $13,838
- Operating Expense $15,069
- Gross Income $21,600
- Net Operating Income $6,532
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 15, 2020
Closed on
Jul 22, 2020
Sold by
Ngoy Sou Houy Kathy and Lam Howie
Bought by
Ip Robert and Ip Judy Hyun
Seller's Agent
Erika Shinzato
RE/Max Time
Buyer's Agent
Erika Shinzato
RE/Max Time
List Price
$1,025,000
Sold Price
$963,000
Premium/Discount to List
-$62,000
-6.05%
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
$397,848
Avg. Annual Appreciation
6.82%
Original Mortgage
$485,000
Outstanding Balance
$429,106
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$931,742
Purchase Details
Closed on
Apr 21, 2011
Sold by
Thropay Reuben Mark and Thropay Carol Anne
Bought by
Ngoy Sou Houy Kathy and Lam Howie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
4.77%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 11, 2005
Sold by
Thropay Reuben and Thropay Carol
Bought by
Thropay Reuben Mark and Thropay Carol Anne
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,700
Interest Rate
5.55%
Mortgage Type
Credit Line Revolving
Purchase Details
Closed on
Oct 25, 2002
Sold by
Thropay Reuben M and Thropay Carol A
Bought by
Thropay Reuben Mark and Thropay Carol Anne
Purchase Details
Closed on
Nov 3, 1999
Sold by
Gilliam Douglas M
Bought by
Defined Benefit Pension Plan Of Baxter H
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,140
Interest Rate
7.84%
Purchase Details
Closed on
Oct 27, 1999
Sold by
Defined Benefit Pension Plan Of Baxter
Bought by
Thropay Reuben M and Thropay Carol A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,140
Interest Rate
7.84%
Purchase Details
Closed on
Jul 2, 1999
Sold by
Gilliam Douglas M
Bought by
Defined Benefit Pension Plan Of Baxter H
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 |
|---|---|---|---|
| Ip Robert | $963,000 | Wfg National Title Company | |
| Ngoy Sou Houy Kathy | $550,000 | Pacific Coast Title Company | |
| Thropay Reuben Mark | -- | Lawyers Title Company | |
| Thropay Reuben | -- | Lawyers Title Company | |
| Thropay Reuben Mark | -- | -- | |
| Defined Benefit Pension Plan Of Baxter H | $130,000 | Fidelity National Title Ins | |
| Thropay Reuben M | $145,000 | Continental Title | |
| Defined Benefit Pension Plan Of Baxter H | $130,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ip Robert | $485,000 | |
| Previous Owner | Ngoy Sou Houy Kathy | $440,000 | |
| Previous Owner | Thropay Reuben | $150,700 | |
| Previous Owner | Thropay Reuben M | $104,140 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/31/2020 07/31/20 | Sold | $963,000 | -1.7% | $377 / Sq Ft |
| 06/26/2020 06/26/20 | Pending | -- | -- | -- |
| 05/27/2020 05/27/20 | Price Changed | $980,000 | -4.4% | $384 / Sq Ft |
| 04/15/2020 04/15/20 | For Sale | $1,025,000 | -- | $402 / 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 | $13,975 | $1,042,375 | $566,109 | $476,266 |
| 2024 | $13,975 | $1,021,937 | $555,009 | $466,928 |
| 2023 | $13,656 | $1,001,900 | $544,127 | $457,773 |
| 2022 | $13,260 | $982,256 | $533,458 | $448,798 |
| 2021 | $12,999 | $963,000 | $523,000 | $440,000 |
| 2020 | $8,699 | $644,303 | $468,586 | $175,717 |
| 2019 | $8,547 | $631,671 | $459,399 | $172,272 |
| 2018 | $8,274 | $619,287 | $450,392 | $168,895 |
| 2016 | $7,943 | $595,241 | $432,903 | $162,338 |
| 2015 | $7,770 | $586,301 | $426,401 | $159,900 |
| 2014 | -- | $574,817 | $418,049 | $156,768 |
Source: Public Records
Agents Affiliated with this Home
-
Erika Shinzato
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR20071859
APN: 8505-007-014
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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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