NOT LISTED FOR SALE

428 W Lime Ave Monrovia, CA 91016

Estimated Value: $992,175 - $1,039,000

3 Beds
2 Baths
1,208 Sq Ft
$840/Sq Ft Est. Value

Last Sold May 21, 2015

Last sale price $589,900 $488 Per Sq Ft

Est. 72% increase in value since last sale

Current estimated payment $6,111/month

13 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Living Room
  • Monrovia High School Rated A
  • Cooling System Mounted To A Wall/Window
  • Laundry Room

About This Home

As of May 2015

Location, location! Classic Monrovia Duplex in fantastic neighborhood. Two detached houses on one lot. Front house was built in 1938, has 676 square feet per tax records, and features 2 beds + 1 bath plus service porch (laundry room). Rear house was built in 1949, has 532 square feet per tax records, and features 1 bed + 1 bath plus service porch (laundry room). Detached two-car garage has alley access, but due to its current condition, it is only used as storage and not for parking cars. Both units have 1 parking space each in the driveway off the alley (2 off-street parking spaces total). Both units have wonderful yard space, which has always been to plus to prospective tenants.

Last Agent to Sell the Property

Vicky Hansen

Seven Gables Real Estate License #00696228 Listed on: 04/21/2015

Seven Gables Real Estate

Last Buyer's Agent

Vicky Hansen

Seven Gables Real Estate License #00696228 Listed on: 04/21/2015

Seven Gables Real Estate

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 7,969 Sq Ft Lot
  • Property fronts an alley
  • No Common Walls

Interior Spaces

  • 1,208 Sq Ft Home
  • Living Room
  • Laundry Room

Flooring

  • Wood
  • Laminate
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Parking Available
  • Driveway
  • Uncovered Parking
  • Assigned Parking

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Uses Natural Gas
  • Wall Furnace
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 6
  • Assessor Parcel Number 8505007007

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 2 Units

Building Details

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Inclusions: Gas ranges (stoves) in both units and refrigerator in rear unit are included. Washer and dryer in front unit are negotiable (without warranty).
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Property Type: Residential Income
  • Parcel Number: 8505007007
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Flooring: Laminate, Vinyl, Wood
  • Levels: One
  • Price Per Square Foot: 488.33
  • Room Type: Living Room

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Assigned, Driveway, Uncovered
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Natural Gas, Wall Furnace
  • Laundry Features: Individual Room
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Size Sq Ft: 7969.00
  • Lot Size Acres: 0.1830

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Lot Size Area: 7969.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Disposal: 1
  • Number With Range: 2
  • Number With Refrigerator: 1
  • Rent Control: No

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 00000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 21, 2015
Closed on
May 13, 2015
Sold by
Hayne Marion A and Hayne Family Trust
Bought by
Yjw Llc
Seller's Agent
Vicky Hansen
Seven Gables Real Estate
Buyer's Agent
Vicky Hansen
Seven Gables Real Estate
List Price
$589,900
Sold Price
$589,900
Current Estimated Value
$1,014,544

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$424,644
Avg. Annual Appreciation
5.23%

Purchase Details

Closed on
Sep 3, 2003
Sold by
Hayne James J and Hayne Marion A
Bought by
Hayne James J and Hayne Marion A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,000
Interest Rate
6.17%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 2, 1998
Sold by
Hayne James J and Hayne Marion A
Bought by
Hayne James J and Hayne Marion A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$115,000
Interest Rate
6.84%

Purchase Details

Closed on
Oct 22, 1996
Sold by
Hayne James J and Hayne Marion A
Bought by
Hayne James J and Hayne Marion A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Yjw Llc $590,000 Chicago Title Company
Hayne James J -- North American Title Co
Hayne James J -- North American Title Co
Hayne James J -- Southland Title
Hayne James J -- Southland Title
Hayne James J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hayne James J $116,000
Previous Owner Hayne James J $115,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2015 05/21/15 Sold $589,900 0.0% $488 / Sq Ft
05/04/2015 05/04/15 Pending -- -- --
04/21/2015 04/21/15 For Sale $589,900 -- $488 / 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 $9,733 $708,960 $540,827 $168,133
2024 $9,733 $695,060 $530,223 $164,837
2023 $9,408 $681,432 $519,827 $161,605
2022 $9,137 $668,072 $509,635 $158,437
2021 $8,961 $654,974 $499,643 $155,331
2020 $8,690 $648,259 $494,520 $153,739
2019 $8,537 $635,549 $484,824 $150,725
2018 $8,329 $623,088 $475,318 $147,770
2016 $8,017 $598,895 $456,862 $142,033
2015 $4,248 $298,485 $191,340 $107,145
2014 -- $292,639 $187,592 $105,047
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR15085624

California Regional Multiple Listing Service (CRMLS)

APN: 8505-007-007