NOT LISTED FOR SALE

423 E Lemon Ave Monrovia, CA 91016

Estimated Value: $1,031,000 - $1,152,000

4 Beds
3 Baths
1,688 Sq Ft
$654/Sq Ft Est. Value

Last Sold February 15, 2017

Last sale price $638,888 $378 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $6,844/month

70 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Laundry Room
  • Front Yard
  • Clifton Middle School Rated A-
  • Forced Air Heating and Cooling System
  • 2-minute walk to Rotary Park

About This Home

As of February 2017

Excellent income property in a desirable area of Monrovia. 2 separate houses on a lot. Both houses were extensively renovated in 2012. Front house 2 bedrooms 2 bathrooms (1 bedroom & 1 bathroom without permit). Rear house 3 bedrooms, 1.75 bathrooms (the original half bath was renovated into .75 bath without permit). Both houses have newer Central A/C, nice kitchens, newer bathrooms, laminate wood floors, fenced private yards & parking spaces. Alley access to the rear house. Separate meters for gas and electricity. Close to shops, restaurants, public transportation and freeways. Total rent $3,500/mo. Please do not disturb tenants!

Last Agent to Sell the Property

Christine Huang

HOMEGROWN WEALTH INC. License #00958544 Listed on: 10/26/2016

HOMEGROWN WEALTH INC.

Last Buyer's Agent

Troy Wilson

Seven Gables Real Estate License #01894161

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,105

Year Built

  • Built in 1901

Lot Details

  • 8,011 Sq Ft Lot
  • No Common Walls
  • Front Yard

Interior Spaces

  • 1,688 Sq Ft Home
  • Laminate Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • 2 Open Parking Spaces
  • 3 Parking Spaces
  • 1 Carport Space
  • Parking Available
  • Driveway
  • Unassigned Parking

Additional Features

  • Suburban Location
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tax Lot 12
  • Assessor Parcel Number 8517006015

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,105

Year Built

Built in 1901

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: MORM*
  • Property Type: Residential Income
  • Parcel Number: 8517006015
  • Year Built: 1901
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Levels: One
  • Price Per Square Foot: 378.49
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Parking: Yes
  • Parking Features: Unassigned, Driveway
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Inside, Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lot 6500-9999
  • Lot Size Sq Ft: 8011.00

Multi Family

  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 4310.01
  • Tax Lot: 12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 26, 2016
Closed on
Feb 1, 2017
Sold by
Chen Chia Lin and Huang Yu Chen
Bought by
Loi Sai and Heins Jeffery S
Seller's Agent
Christine Huang
HOMEGROWN WEALTH INC.
Buyer's Agent
Troy Wilson
Seven Gables Real Estate
List Price
$699,888
Sold Price
$638,888
Premium/Discount to List
-$61,000
-8.72%
Total Days on Market
70
Current Estimated Value
$1,103,793

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$464,905
Avg. Annual Appreciation
6.47%
Original Mortgage
$496,000
Interest Rate
4.2%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 13, 2012
Sold by
Chen Chia Lin
Bought by
Chen Chia Lin and Huang Yu Chen

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
5.75%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 26, 2012
Sold by
Bell Tiffanie M and Bell Tiffany M
Bought by
Chen Chia Lin

Purchase Details

Closed on
May 14, 2003
Sold by
Bell Tiffanie M and Bell Tiffany
Bought by
Bell Tiffane M

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
5.77%

Purchase Details

Closed on
Jan 18, 2001
Sold by
Curland Diana and Bell Tiffany
Bought by
Bell Tiffany

Purchase Details

Closed on
Aug 9, 2000
Sold by
Beltran German and Beltran Martha
Bought by
Curland Diana and Bell Tiffany

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$183,200
Interest Rate
7.96%
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
Loi Sai $638,000 Lawyers Title
Chen Chia Lin -- Lsi Title Company
Chen Chia Lin $438,000 Chicago Title Company
Bell Tiffane M -- Investors Title Company
Bell Tiffany -- --
Curland Diana $229,000 Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Loi Sax $382,800
Closed Loi Sai $496,000
Previous Owner Chen Chia Lin $200,000
Previous Owner Bell Tiffanie M $240,000
Previous Owner Bell Tiffanie M $199,165
Previous Owner Bell Tiffane M $200,000
Previous Owner Curland Diana $183,200
Previous Owner Beltran German $18,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/15/2017 02/15/17 Sold $638,888 -7.3% $378 / Sq Ft
01/04/2017 01/04/17 Pending -- -- --
11/28/2016 11/28/16 Price Changed $688,888 -1.6% $408 / Sq Ft
10/26/2016 10/26/16 For Sale $699,888 -- $415 / 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 $10,105 $740,448 $444,501 $295,947
2024 $10,105 $725,931 $435,786 $290,145
2023 $9,876 $711,698 $427,242 $284,456
2022 $9,592 $697,744 $418,865 $278,879
2021 $9,406 $684,063 $410,652 $273,411
2020 $9,122 $677,050 $406,442 $270,608
2019 $8,963 $663,775 $398,473 $265,302
2018 $8,719 $650,760 $390,660 $260,100
2016 $6,389 $464,733 $371,363 $93,370
2015 $6,252 $457,753 $365,785 $91,968
2014 $6,195 $448,787 $358,620 $90,167
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2017

    Christine Huang

    HOMEGROWN WEALTH INC.

    Section Image

  • T

    Buyer's Agent in 2017

    Troy Wilson

    Seven Gables Real Estate

    (626) 408-1280

    3 in this area

    19 Total Sales

    Troy Wilson
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS16733732

California Regional Multiple Listing Service (CRMLS)

APN: 8517-006-015

California Los Angeles County Monrovia 91016

423 E Lemon Ave, Monrovia, CA

This home is located at 423 E Lemon Ave, Monrovia, CA 91016 since 26 October 2016 and is currently estimated at $1,103,793, approximately $653 per square foot. This property was built in 1901. 423 E Lemon Ave is a home located in Los Angeles County with nearby schools including Wild Rose Elementary School, Clifton Middle School, and Monrovia High School.

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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