NOT LISTED FOR SALE

412 Royal Oaks Dr Monrovia, CA 91016

Estimated Value: $1,390,000 - $1,673,902

6 Beds
6 Baths
2,584 Sq Ft
$595/Sq Ft Est. Value

Last Sold May 24, 2022

Last sale price $1,400,000 $542 Per Sq Ft

Est. 10% increase in value since last sale

Current estimated payment $10,002/month

7 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Property is near a park
  • Clifton Middle School Rated A-
  • Contemporary Architecture
  • 2-minute walk to Julian Fisher Park

About This Home

As of May 2022

Welcome to this rare and beautiful vacant DUPLEX, 412 and 414 Royal Oaks Dr. built in 2010 and located in the much sought area of North Monrovia. Both homes have a fantastic curb appeal and are separate from each other. Here are a few of its many outstanding features, EACH home offers: 2 stories, 3 bedrooms, a total of 3 bathrooms, Master Bedroom with own full bathroom, 2 car attached garage with direct access, private backyards and professionally landscaped, freshly painted and brand new carpeting, separate utility services, central air/heat for year-round comfort. This duplex is perfect for a multi-generational family or an investor who wishes to add to their portfolio. North of Huntington Dr. and minutes from Old Town Monrovia, considered by the community as the heart of Monrovia where you and your family can enjoy many of its amenities, fine restaurants and shopping as well as beautiful holiday events. Monrovia is truly a family community with much pride of ownership.

Last Agent to Sell the Property

William Mere

Equity Union License #01210506 Listed on: 04/20/2022

Equity Union

Last Buyer's Agent

Omar Bardumyan

Keller Williams Real Estate Services License #01835366

Keller Williams Real Estate Services

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $19,500

Year Built

  • Built in 2010

Lot Details

  • 6,294 Sq Ft Lot
  • No Common Walls
  • Front and Back Yard Sprinklers
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Side Facing Garage

Home Design

  • Duplex
  • Contemporary Architecture
  • Concrete Roof

Interior Spaces

  • 2,584 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Double Pane Windows
  • Living Room
  • Sump Pump

Kitchen

  • Gas Oven
  • Gas Range

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Upper Level Bedrooms
  • Primary Bedroom Suite
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting

Location

  • Property is near a park
  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Legal Lot and Block 23 / 17
  • Tax Tract Number 431
  • Assessor Parcel Number 8515002031

Community Details

Overview

  • 2 Buildings
  • 2 Units

Recreation

  • Park

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $1,200
  • Insurance Expense $1,800
  • Operating Expense $3,000
  • Gross Income $72,000
  • Net Operating Income $69,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$19,500

Year Built

Built in 2010

Lot Details

0

Parking

4

Listing Details

  • Price Per Unit: 637500
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Zoning: MORM*
  • Architectural Style: Contemporary
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 8515002031
  • Year Built: 2010
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Open Floorplan, Sump Pump
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 541.80
  • Room Type: All Bedrooms Up, Living Room, Master Bathroom, Master Bedroom, Master Suite
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No
  • Roof: Concrete

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Faces Front, Garage Faces Side
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Range, Gas Water Heater
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Park, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Park Nearby, Sprinkler System, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer
  • Lot Size Sq Ft: 6294.00
  • Lot Size Acres: 0.1445

Multi Family

  • Electric Expense: 1200.00
  • Gross Income: 72000.00
  • Gross Operating Income: 72000.00
  • Gross Scheduled Income: 72000.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 6294.0000 Square Feet
  • Net Operating Income: 69000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 3000.00
  • Rent Control: No
  • Total Expenses: 3000.00

Tax Info

  • Tax Block: 17
  • Tax Census Tract: 4311.00
  • Tax Lot: 23
  • Tax Tract Number: 431...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 18, 2023
Sold by
Jahan Akther
Bought by
Akther Jahan Separate Property Trust and Jahan
Current Estimated Value
$1,537,476

Purchase Details

Closed on
Aug 18, 2011
Sold by
Melgar Julian and Melgar Martha I
Bought by
Melgar Julian and Melgar Martha I

Purchase Details

Closed on
Nov 1, 2005
Sold by
Biallas Irene C and Estate Of Jennie Armas
Bought by
Melgar Julia and Melgar Martha I

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$256,000
Interest Rate
6.07%
Mortgage Type
Negative Amortization
Source: Public Records

Range of Values:

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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
Akther Jahan Separate Property Trust -- None Listed On Document
Melgar Julian -- None Available
Melgar Julia $320,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Melgar Julia $256,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2022 05/24/22 Sold $1,400,000 0.0% $542 / Sq Ft
04/28/2022 04/28/22 Pending -- -- --
04/27/2022 04/27/22 Off Market $1,400,000 -- --
04/27/2022 04/27/22 For Sale $1,275,000 -8.9% $493 / Sq Ft
04/26/2022 04/26/22 Off Market $1,400,000 -- --
04/20/2022 04/20/22 For Sale $1,275,000 -- $493 / 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 $19,500 $1,485,690 $1,114,268 $371,422
2024 $19,500 $1,456,560 $1,092,420 $364,140
2023 $19,049 $1,428,000 $1,071,000 $357,000
2022 $11,590 $853,615 $412,078 $441,537
2021 $11,359 $836,879 $403,999 $432,880
2020 $11,012 $828,299 $399,857 $428,442
2019 $10,868 $812,059 $392,017 $420,042
2018 $10,566 $796,137 $384,331 $411,806
2016 $10,154 $765,224 $369,408 $395,816
2015 $9,933 $753,731 $363,860 $389,871
2014 $9,831 $738,967 $356,733 $382,234
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22075598

California Regional Multiple Listing Service (CRMLS)

APN: 8515-002-031