NOT LISTED FOR SALE

434 S Lincoln Place Monrovia, CA 91016

Estimated Value: $992,000 - $1,123,000

4 Beds
2 Baths
1,716 Sq Ft
$631/Sq Ft Est. Value

Last Sold October 30, 2014

Last sale price $550,000 $321 Per Sq Ft

Est. 97% increase in value since last sale

Current estimated payment $6,608/month

9 Days on Market

Highlights

  • Traditional Architecture
  • Wood Flooring
  • Tile Countertops
  • Plymouth Elementary School Rated A-
  • Crown Molding
  • Living Room

About This Home

As of October 2014

Duplex in desirable Monrovia. Two two bedroom, 1 bath duplex units on cul-de-sac street.
Rear unit has updated kitchen. Excellent curb appeal and charm. Total of 1716 sq. ft. of living space and 6,132 sq. foot lot, per assessor. Both units are currently occupied by long term tenants that are on a month to month contract. Excellent Monrovia location near Monrovia High School & Foothill Blvd. with stores, restaurants and services. Drive-by only, subject to inspection with offer.

Last Agent to Sell the Property

Darlene Bowen

Coldwell Banker Realty License #00890685 Listed on: 10/01/2014

Co-Listed By

Jeffery Bowen

Coldwell Banker Realty License #00890644

Last Buyer's Agent

Janet Ho

Coldwell Banker Realty License #00990641

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,085

Year Built

  • Built in 1951

Lot Details

  • 6,131 Sq Ft Lot
  • 1 Common Wall
  • Level Lot
  • Sprinklers on Timer

Parking

  • 2 Car Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Side Facing Garage
  • Single Garage Door
  • Driveway

Home Design

  • Traditional Architecture
  • Property Attached
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,716 Sq Ft Home
  • 1-Story Property
  • Crown Molding
  • Living Room
  • Wood Flooring

Kitchen

  • Gas Cooktop
  • Free-Standing Range
  • Dishwasher
  • Tile Countertops
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Utilities

  • Wall Furnace
  • Tankless Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas, repairs
  • Tax Lot 8
  • Tax Tract Number 16919
  • Assessor Parcel Number 8505031002

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $2,300

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,085

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 8505031002
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Crown Molding, Tile Counters
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Price Per Square Foot: 320.51
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Asphalt, Garage, Garage - Single Door, Garage Faces Side, Built-In Storage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Appliances: Dishwasher, Free-Standing Range, Disposal, Gas Range, Gas Cooktop, Tankless Water Heater
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: Level, Sprinklers Timer
  • Lot Size Sq Ft: 6131.00
  • Lot Size Acres: 0.1410

Rental Info

  • Tenant Pays: Electricity, Gas, Repairs

Multi Family

  • Gross Income: 2300.00
  • Gross Scheduled Income: 27600.00
  • Lot Size Area: 6131.0000 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
  • Rent Control: No

Tax Info

  • Tax Lot: 8
  • Tax Tract Number: 16919

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 7, 2014
Sold by
Viola Carole A
Bought by
Viola Carole A and Tom & Carole Viola Trust
Current Estimated Value
$1,082,144

Purchase Details

Closed on
Apr 17, 2003
Sold by
Ladner Alan R and Ladner Naomi R
Bought by
Viola Thomas

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.77%
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
Viola Carole A -- None Available
The Paul & Janet Ho Trust $550,000 Equity Title
Viola Thomas $350,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ho Paul Y $260,000
Previous Owner Viola Thomas $250,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2014 10/30/14 Sold $550,000 +0.4% $321 / Sq Ft
10/10/2014 10/10/14 Pending -- -- --
10/01/2014 10/01/14 For Sale $548,000 -- $319 / 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 $9,085 $661,008 $480,737 $180,271
2024 $9,085 $648,048 $471,311 $176,737
2023 $8,880 $635,342 $462,070 $173,272
2022 $8,626 $622,885 $453,010 $169,875
2021 $8,457 $610,673 $444,128 $166,545
2020 $8,204 $604,413 $439,575 $164,838
2019 $8,061 $592,562 $430,956 $161,606
2018 $7,845 $580,944 $422,506 $158,438
2016 $7,545 $558,387 $406,100 $152,287
2015 $7,382 $550,000 $400,000 $150,000
2014 $5,748 $413,508 $131,138 $282,370
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR14211159

California Regional Multiple Listing Service (CRMLS)

APN: 8505-031-002