NOT LISTED FOR SALE

413 Lotone St Monrovia, CA 91016

Estimated Value: $1,526,000 - $2,278,971

8 Beds
4 Baths
4,017 Sq Ft
$457/Sq Ft Est. Value

Last Sold December 15, 2021

Last sale price $1,460,000 $363 Per Sq Ft

Est. 26% increase in value since last sale

Current estimated payment $11,626/month

111 Days on Market

Highlights

  • Parking available for a boat
  • Detached Guest House
  • Primary Bedroom Suite
  • Mayflower Elementary School Rated A
  • Home Theater
  • Open Floorplan

About This Home

As of December 2021

I dare you to find a lower cost per square foot in Monrovia. Current owners have spared no expense on the contemporary interior remodel, and intended to refresh the exterior but changed plans.

The property is a rare find and consists of 2 separate houses on one lot pressed up against the Foothill mountains. The main home 415 Lotone is approx. 3,214 square feet of open floor plan and spacious living area, offering seven bedrooms and three bathrooms ready for a family to move in immediately. The rear detached home 413 Lotone is a 803 square foot 1 bed 1 bath home ideal as a guest house or as a in laws suite and enjoys easy access to the driveway and total privacy.

The City of Monrovia prides itself on the wonderful community events held throughout the year such as Holiday Parade & Tree Lighting, Monrovia Wine Walk, Valentine's Day Carriage Rides, Spring Egg Hunt, Fountain to the Falls,7 mile Run/Walk and Monrovia Days. In addition its only 5 minute drive to Old Town Monrovia which is considered by the community to be the heart of the City.

Make this your home and Monrovia your town.

Last Agent to Sell the Property

YVETTE KUILAND

Yvette Marie Kuiland, Broker License #01962407 Listed on: 07/09/2021

Last Buyer's Agent

Rick Cheng

Coldwell Banker Realty License #01958923

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $22,224

Year Built

  • Built in 1947

Lot Details

  • 0.26 Acre Lot
  • No Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Fence is in good condition
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Direct Access Garage
  • Parking Available
  • Single Garage Door
  • Garage Door Opener
  • Combination Of Materials Used In The Driveway
  • Parking available for a boat
  • RV Access or Parking

Home Design

  • Duplex
  • Craftsman Architecture
  • Contemporary Architecture
  • Fire Rated Drywall
  • Shingle Roof
  • Pre-Cast Concrete Construction
  • Concrete Perimeter Foundation
  • Plaster
  • Stucco

Interior Spaces

  • 4,017 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • High Ceiling
  • Recessed Lighting
  • Decorative Fireplace
  • Formal Entry
  • Living Room
  • Dining Room
  • Home Theater
  • Home Office
  • Library with Fireplace
  • Recreation Room
  • Bonus Room
  • Utility Room
  • Mountain Views
  • Carbon Monoxide Detectors

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Carpet
  • Laminate
  • Stone

Bedrooms and Bathrooms

  • 8 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • Walk-In Closet
  • Maid or Guest Quarters
  • 4 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Soaking Tub
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Balcony
  • Covered Patio or Porch
  • Exterior Lighting

Additional Homes

  • Two Homes on a Lot
  • Detached Guest House
  • Fireplace in Guest House

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Water Heater

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 430
  • Assessor Parcel Number 8503001027

Community Details

Overview

  • No Home Owners Association
  • Foothills

Recreation

  • Dog Park
  • Hiking Trails
  • Bike Trail

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$22,224

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Structure Type: Duplex
  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s)
  • View: Yes
  • Zoning: MORL*
  • Architectural Style: Contemporary, Craftsman
  • Property Sub Type: Duplex
  • Property Type: Residential
  • Parcel Number: 8503001027
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4017.00 Square Feet
  • Interior Amenities: Balcony, High Ceilings, Open Floorplan, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Laminate, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 4
  • Full And Three Quarter Bathrooms: 4
  • Total Bedrooms: 8
  • Eating Area: Dining Room
  • Fireplace Features: Guest House, Library, Decorative
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 363.46
  • Room Type: Bonus Room, Formal Entry, Guest/Maid's Quarters, Library, Living Room, Master Bathroom, Master Bedroom, Master Suite, Media Room, Office, Recreation, Utility Room, Walk-In Closet
  • Bathroom Features: Bathtub, Shower, Shower In Tub, Double Sinks In Master Bath, Soaking Tub

Exterior Features

  • Patio: Yes
  • Foundation: Concrete Perimeter
  • Other Structures: Guest House, Guest House Detached, Two On A Lot
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Good Condition, Wood, Wrought Iron
  • Patio And Porch Features: Covered, Wood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Concrete, Drywall Walls, Plaster, Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Boat, Direct Garage Access, Driveway, Driveway - Combination, Concrete, Garage - Single Door, Garage Door Opener, RV Access/Parking
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Natural Gas Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas & Electric Range, Gas Oven, Gas Range, Gas Cooktop, Microwave, Refrigerator, Water Heater
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Gas & Electric Dryer Hookup, Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Foothills, Hiking, Sidewalks, Storm Drains, Street Lights

Schools

  • School District: Monrovia Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 11443.00
  • Lot Size Acres: 0.2627

Multi Family

  • Lease Considered: No
  • Lot Size Area: 11443.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4303.01
  • Tax Lot: 5
  • Tax Tract Number: 430...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 4, 2023
Sold by
Tseng Kuan Shong Steve and Tseng Hsin Huei
Bought by
Skk Llc
Current Estimated Value
$1,834,493

Purchase Details

Listed on
Jul 9, 2021
Closed on
Dec 8, 2021
Sold by
Tzu Hsieh Nancy Chia
Bought by
Tseng Kuan Shong Steve
Seller's Agent
YVETTE KUILAND
Yvette Marie Kuiland, Broker
Buyer's Agent
Rick Cheng
Coldwell Banker Realty
List Price
$1,474,888
Sold Price
$1,460,000
Premium/Discount to List
-$14,888
-1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.03%
Original Mortgage
$1,022,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 9, 2021
Closed on
Nov 3, 2021
Sold by
Mga Investments Group Llc
Bought by
Tseng Kuan Shong Steve and Tseng Hsin Huei
Seller's Agent
YVETTE KUILAND
Yvette Marie Kuiland, Broker
Buyer's Agent
Rick Cheng
Coldwell Banker Realty
List Price
$1,474,888
Sold Price
$1,460,000
Premium/Discount to List
-$14,888
-1.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,022,000
Interest Rate
3.09%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2018
Sold by
Avakian Avak H
Bought by
Mga Investments Group Llc

Purchase Details

Listed on
Nov 15, 2017
Closed on
Dec 27, 2017
Sold by
Avakian Salpi H
Bought by
Avakian Avak H
Seller's Agent
Vic Avakian
Verdugo Properties Inc.
Buyer's Agent
Jodi Breneman
Douglas Elliman of California Inc.
Sold Price
$4,600

Purchase Details

Closed on
Mar 23, 2016
Sold by
Half Life Capital Llc
Bought by
Mga Investments Group Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,625
Interest Rate
3.65%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 21, 2016
Sold by
Gooler Harvey Judith
Bought by
Mga Investments Group Llc and Half Life Capital Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$656,625
Interest Rate
3.65%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Sep 9, 2003
Sold by
Harvey David H and Gooler Harvey Judith
Bought by
Gooler Harvey Judith

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage
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
Skk Llc -- None Listed On Document
Mga Investments Group Llc -- None Available
Avakian Avak H -- None Available
Avakian Avak H -- None Available
Mga Investments Group Llc -- Fidelity Sherman Oaks
Mga Investments Group Llc $85,000 Fidelity Sherman Oaks
Gooler Harvey Judith -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mga Investments Group Llc $500,000
Previous Owner Mga Investments Group Llc $656,625
Previous Owner Gooler Harvey Judith $150,000
Previous Owner Gooler Harvey Judith $740,000
Previous Owner Gooler Harvey Judith $250,000
Previous Owner Gooler Harvey Judith $120,000
Previous Owner Gooler Harvey Judith $30,000
Previous Owner Gooler Harvey Judith $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/15/2021 12/15/21 Sold $1,460,000 -0.6% $363 / Sq Ft
10/28/2021 10/28/21 Pending -- -- --
08/13/2021 08/13/21 Price Changed $1,468,888 -0.4% $366 / Sq Ft
07/09/2021 07/09/21 For Sale $1,474,888 0.0% $367 / Sq Ft
11/18/2017 11/18/17 Rented $4,600 0.0% --
11/15/2017 11/15/17 For Rent $4,600 -- --
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 $22,224 $1,693,200 $907,800 $785,400
2024 $22,224 $1,660,000 $890,000 $770,000
2023 $19,947 $1,489,200 $816,000 $673,200
2022 $19,363 $1,460,000 $800,000 $660,000
2021 $16,203 $1,211,946 $799,720 $412,226
2020 $15,701 $1,199,520 $791,520 $408,000
2019 $15,422 $1,176,000 $776,000 $400,000
2018 $13,353 $1,012,309 $676,260 $336,049
2017 $13,095 $992,460 $663,000 $329,460
2016 $6,761 $485,495 $150,585 $334,910
2015 $6,619 $478,204 $148,324 $329,880
2014 $6,561 $468,838 $145,419 $323,419
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS21149322

California Regional Multiple Listing Service (CRMLS)

APN: 8503-001-027