NOT LISTED FOR SALE

416 W Olive Ave Monrovia, CA 91016

Monrovia Area

Estimated Value: $964,000 - $1,078,000

4 Beds
2 Baths
1,290 Sq Ft
$796/Sq Ft Est. Value

Sale Details

Date Sold: October 10, 2012

Last sale price $440,000 $341 Per Sq Ft

Est. 133% increase in value since last sale

Current estimated payment $6,380 / mo

60 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Two Homes on a Lot
  • 3-minute walk to Lucinda Garcia Park
  • Monrovia High School Rated A
  • Tile Flooring

About This Home

As of October 2012

2 Separate houses with fenced yards. Each have 2 bedrooms plus additional bedroom or offce (converted from 1 car garage), remodeled kitchens & baths, new windows and A/C units on a large 8,000 sq ft lot.

Last Agent to Sell the Property

Barbara Lyle

Coldwell Banker Realty License #01237757 Listed on: 08/02/2012

Coldwell Banker Realty

Last Buyer's Agent

Jeffrey Wung

Coldwell Banker Realty License #00918319

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 7,998

Parking

  • 2 Car Garage

Home Design

  • 1,290 Sq Ft Home

Flooring

  • Carpet
  • Tile

Additional Features

  • All Bedrooms Down
  • 7,998 Sq Ft Lot
  • Two Homes on a Lot

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 43090
  • Assessor Parcel Number 8506009009

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $700
  • Trash Expense $552
  • Water Sewer Expense $540
  • Gross Income $2,800
  • Net Operating Income $30,608

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

7,998 Sq Ft Lot

Parking

2

Listing Details

  • Water Sewer Expenses: 540.00
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 8506009009
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Tile
  • Levels: One
  • Price Per Square Foot: 341.09
  • Room Type: All Bedrooms Down

Exterior Features

  • Other Structures: Two On A Lot

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Trash Expense: 552.00

Lot Info

  • Lot Size Sq Ft: 7998.00
  • Lot Size Acres: 0.1840

Multi Family

  • Gross Income: 2800.00
  • Gross Scheduled Income: 33600.00
  • Insurance Expense: 700.00
  • Lot Size Area: 7998.0000 Square Feet
  • Net Operating Income: 30608.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2992.00
  • Rent Control: No
  • Total Actual Rent: 2800.00

Tax Info

  • Tax Lot: 9
  • Tax Tract Number: 43090

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

Closed on
Mar 30, 2024
Sold by
Bought by
Current Estimated Value
$1,026,779

Purchase Details

Closed on
Aug 21, 2023
Sold by
Bought by

Purchase Details

Closed on
Oct 25, 2016
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
$200,000
Interest Rate
0.0342%
Mortgage Type
Credit Line Revolving

Purchase Details

Listed on
Aug 2, 2012
Closed on
Oct 2, 2012
Sold by
Bought by
Seller's Agent
Barbara Lyle
Coldwell Banker Realty
Buyer's Agent
Jeffrey Wung
Coldwell Banker Realty
List Price
$489,000
Sold Price
$440,000
Premium/Discount to List
-$49,000
-10.02%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.32%

Purchase Details

Closed on
Sep 16, 2009
Sold by
Bought by

Purchase Details

Closed on
Feb 25, 2008
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
$340,000
Interest Rate
0.0541%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 27, 2004
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
$311,200
Interest Rate
0.0564%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 11, 2003
Sold by
Bought by

Purchase Details

Closed on
May 8, 2000
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
$180,000
Interest Rate
0.0796%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Mar 28, 1994
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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

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
-- None Listed On Document
-- None Listed On Document
-- Provident Title Company
-- Provident Title Company
$440,000 Equity Title
-- None Available
-- Lawyers Title
$389,000 Investors Title Company
-- Investors Title Company
$105,000 Orange Coast Title
-- Title Land 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
Previous Owner $200,000
Previous Owner $200,000
Previous Owner $340,000
Previous Owner $240,400
Previous Owner $241,500
Previous Owner $242,000
Previous Owner $311,200
Previous Owner $180,000
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
10/10/2012 10/10/12 Sold $440,000 -10.0% $341 / Sq Ft
10/01/2012 10/01/12 Pending -- -- --
08/02/2012 08/02/12 For Sale $489,000 -- $379 / 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 $8,904 $633,387 $455,992 $177,395
2024 $8,672 $620,968 $447,051 $173,917
2023 $7,351 $520,780 $402,423 $118,357
2022 $7,141 $510,570 $394,533 $116,037
2021 $7,002 $500,560 $386,798 $113,762
2020 $6,795 $495,428 $382,832 $112,596
2019 $6,677 $485,715 $375,326 $110,389
2018 $6,512 $476,192 $367,967 $108,225
2016 $6,266 $457,702 $353,679 $104,023
2015 $6,131 $450,828 $348,367 $102,461
2014 $6,075 $441,997 $341,543 $100,454
Source: Public Records

Agents Affiliated with this Home

  • B

    Seller's Agent in 2012

    Barbara Lyle

    Coldwell Banker Realty

    (626) 233-7010

    15 Total Sales

    Barbara Lyle
    Section Image

  • J

    Buyer's Agent in 2012

    Jeffrey Wung

    Coldwell Banker Realty

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: A12096956

California Regional Multiple Listing Service (CRMLS)

APN: 8506-009-009

California Los Angeles County Monrovia 91016

416 W Olive Ave, Monrovia, CA

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.

California Regional Multiple Listing Service (CRMLS) 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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