NOT LISTED FOR SALE

423 N Magnolia Ave Monrovia, CA 91016

Estimated Value: $2,535,000 - $2,747,000

5 Beds
4.5 Baths
4,895 Sq Ft
$536/Sq Ft Est. Value

Last Sold June 23, 2020

Last sale price $1,695,000 $346 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $15,928/month

Highlights

  • In Ground Pool
  • Two Primary Bedrooms
  • 0.52 Acre Lot
  • Mayflower Elementary School Rated A
  • City Lights View
  • Fireplace in Primary Bedroom

About This Home

As of June 2020

Luxury California living on a resort style 1/2 acre lot! Nestled in the Foothills, adjacent to Arcadia, this fabulous home offers a grand step-up living room w/fireplace & built-in bookshelves. Lovely Formal Dining Room w/picture window. The updated gourmet kitchen is a cook's delight w/a large center island, Viking appliances, granite countertops, multiple freezers, prep sink & more! Large family room off the kitchen is complete w/a built-in bar & 3 sets of french doors opening to a charming courtyard patio. Huge, south facing approx. 1,400 sq. ft. master suite with panoramic city views, a fireplace, two balconies, a relaxing sitting area & walk-in closet. Luxury, hotel-inspired master bath offers granite countertops, steam shower, & whirlpool tub. * Updated electrical, * Copper Plumbing * * Dual paned windows * 3 Zone A/C * * Central Vacuum * Laundry room off kitchen ** Intercom system. Enjoy fun in the sun & entertain in style in the amazing backyard! Outdoor kitchen w/a built-in BBQ, pizza oven, fridge, beverage dispenser & a gazebo covered dining area. Sparkling swimming pool, fountains & a 10-person spa with waterfall! California Gold Ribbon Distinguished schools offer coding, a Math & Science Academy, and dual-language immersion programs.

Last Agent to Sell the Property

Michelle May

Infinity International Realty License #01276673 Listed on: 03/11/2020

Infinity International Realty

Co-Listed By

Evelyn Xu

Infinity International Realty License #01474588

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $24,306

Year Built

  • Built in 1936 | Remodeled

Lot Details

  • 0.52 Acre Lot
  • Property is zoned MORL*

Parking

  • 2 Car Garage

Interior Spaces

  • 4,895 Sq Ft Home
  • 2-Story Property
  • Wet Bar
  • Crown Molding
  • Wainscoting
  • Recessed Lighting
  • Separate Family Room
  • Living Room with Fireplace
  • City Lights Views
  • Intercom

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Retreat
  • Fireplace in Primary Bedroom
  • Double Master Bedroom
  • Walk-In Closet

Additional Features

  • In Ground Pool
  • Zoned Cooling

Listing and Financial Details

  • Assessor Parcel Number 8520021017

Home Details

Home Type

Single Family

Est. Annual Taxes

$24,306

Year Built

Built in 1936 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Not Applicable - 1007242
  • View: Yes
  • Zoning: MORL*
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8520021017
  • Year Built: 1936
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4895.00
  • Interior Amenities: Crown Molding, Intercom, Recessed Lighting, Wainscoting, Wet Bar
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 4
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Living Room, Master Bedroom
  • Levels: Two
  • Price Per Square Foot: 346.27
  • Room Type: Retreat, Separate Family Room, Two Masters, Walk-In Closet

Exterior Features

  • View: City Lights
  • Pool Features: In Ground
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Cooling: Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 22686.00
  • Lot Size Acres: 0.5200

Multi Family

  • Lease Considered: No
  • Lot Size Area: 22686.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 11, 2020
Closed on
Jun 16, 2020
Sold by
Agnew David Edward and Agnew Paula Rickey
Bought by
Lima Cecilio and Lima Leticia
Seller's Agent
Michelle May
Infinity International Realty
List Price
$1,788,000
Sold Price
$1,695,000
Premium/Discount to List
-$93,000
-5.2%
Current Estimated Value
$2,622,040

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$927,040
Avg. Annual Appreciation
8.55%
Original Mortgage
$1,095,000
Outstanding Balance
$970,634
Interest Rate
3.2%
Mortgage Type
New Conventional
Estimated Equity
$1,651,406

Purchase Details

Closed on
Sep 27, 2017
Sold by
Hendrix James Wesley
Bought by
Agnew David Edward and Agnew Paula Rickey Edwards

Purchase Details

Closed on
Sep 22, 2014
Sold by
Agnew David Edward
Bought by
Agnew David Edward and David Edward Agnew Portion Of The Agnew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,100,000
Interest Rate
3.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Mar 7, 2014
Sold by
Agnew David
Bought by
Agnew David Edward and Agnew Edwards Family Trust

Purchase Details

Closed on
Aug 8, 2007
Sold by
Badem Harutyun
Bought by
Agnew David and Agnew Donald C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,380,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 7, 2007
Sold by
Armstrong Susan Marie
Bought by
Agnew David

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,380,000
Interest Rate
6.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 8, 2004
Sold by
Badem Tanya
Bought by
Badem Harutyun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 23, 2003
Sold by
Sprafka Joyce M
Bought by
Badem Harutyun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$616,000
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 15, 1999
Sold by
Sprafka John R
Bought by
Sprafka John R and Sprafka Joyce M

Purchase Details

Closed on
Jul 20, 1994
Sold by
T D Service Company
Bought by
Cathay Bank
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Lima Cecilio $1,695,000 Lawyers Title Company
Agnew David Edward $141,000 None Available
Agnew David Edward -- None Available
Agnew David Edward -- Ticor Title
Agnew David Edward -- Ticor Title
Agnew David Edward -- Ticor Title
Agnew David Edward -- None Available
Agnew Donald C -- None Available
Agnew David $1,725,000 Chicago Title Co
Agnew David -- Chicago Title Co
Badem Harutyun -- Chicago Title Co
Badem Harutyun $880,000 Chicago Title Co
Sprafka John R -- --
Cathay Bank $400,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lima Cecilio $1,095,000
Previous Owner Agnew David Edward $1,100,000
Previous Owner Agnew David $1,380,000
Previous Owner Badem Harutyun $616,000
Closed Badem Harutyun $88,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/23/2020 06/23/20 Sold $1,695,000 -5.2% $346 / Sq Ft
06/22/2020 06/22/20 Pending -- -- --
03/11/2020 03/11/20 For Sale $1,788,000 -- $365 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $24,306 $1,853,725 $971,045 $882,680
2024 $24,306 $1,817,378 $952,005 $865,373
2023 $23,747 $1,781,744 $933,339 $848,405
2022 $23,052 $1,746,809 $915,039 $831,770
2021 $22,592 $1,712,559 $897,098 $815,461
2020 $21,327 $1,650,000 $1,051,600 $598,400
2019 $21,346 $1,650,000 $1,051,600 $598,400
2018 $18,466 $1,431,000 $912,000 $519,000
2017 $18,452 $1,431,000 $912,000 $519,000
2016 $20,108 $1,566,688 $998,560 $568,128
2015 $19,953 $1,566,688 $998,560 $568,128
2014 $19,648 $1,536,000 $979,000 $557,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-820001015

Pasadena-Foothills Association of REALTORS®

APN: 8520-021-017