NOT LISTED FOR SALE

437 W Palm Ave Unit B Monrovia, CA 91016

Estimated Value: $1,269,000 - $1,729,123

3 Beds
2 Baths
1,310 Sq Ft
$1,189/Sq Ft Est. Value

Highlights

  • New Construction
  • Quartz Countertops
  • Open to Family Room
  • Monrovia High School Rated A
  • No HOA
  • Family Room Off Kitchen

About This Home

As of September 2021

This beautiful Craftsman home was built in 2020 by renowned Bowden Development Company. This home is facing south features 3 bedrooms and 2 baths, 2-car garage with remote control, automatic watering sprinkler system, kitchen with quartz counter tops and good quality stainless steel appliances, includes range/stove, microwave, dishwasher, refrigerator. Tankless water heater provides endless hot water when taking long shower. Laundry room, alarm system and cameras around the premises. Entrance from alley with automatic gate opener. Fire sprinkler system. Professionally landscaped with drought tolerant grass. Very nice area just south of Foothill Blvd and a few blocks from Old Town Monrovia. Convenient location, near school, restaurants, transportation, and Gold Line. Easy access to freeway 210 and 605.

Last Agent to Rent the Property

Jim Lek

KO TAI REALTY License #00696204 Listed on: 08/29/2021

KO TAI REALTY

Last Renter's Agent

Jeannie Garr Roddy

COMPASS License #00941946

COMPASS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $19,083

Year Built

  • Built in 2020 | New Construction

Lot Details

  • 7,984 Sq Ft Lot
  • Density is 2-5 Units/Acre
  • Property is zoned MORM*

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Slab Foundation

Interior Spaces

  • 1,310 Sq Ft Home
  • 1-Story Property
  • Family Room Off Kitchen

Kitchen

  • Open to Family Room
  • Breakfast Bar
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Pots and Pans Drawers

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Gas And Electric Dryer Hookup

Home Security

  • Security Lights
  • Alarm System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Outdoor Features

  • Concrete Porch or Patio

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $3,350
  • Rent includes gardener, sewer, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 9/1/21
  • Legal Lot and Block 24 / C
  • Tax Tract Number 22
  • Assessor Parcel Number 8505009027

Home Details

Home Type

Single Family

Est. Annual Taxes

$19,083

Year Built

Built in 2020 | New Construction

Lot Details

0

Parking

2

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2021-09-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 20
  • Deposit Other: 100
  • Deposit Pets: 500
  • Deposit Security: 3350
  • Furnished: Unfurnished
  • Pets Allowed: Call
  • Total Move In Costs: 6530.00
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Other Phone Description: Cesar Carrillo
  • Other Phone Number: 626-786-3752
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Closed Circuit Camera(s), Fire and Smoke Detection System, Fire Sprinkler System, Security Lights, Smoke Detector(s), Wired for Alarm System
  • View: No
  • Zoning: MORM*
  • New Construction: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 8505009027
  • Year Built: 2020
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 1310.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 2.56
  • Room Type: All Bedrooms Down, Laundry, Master Bathroom, Master Bedroom
  • Room Kitchen Features: Kitchen Island, Kitchen Open To Family Room, Pots & Pan Drawers, Quartz Counters

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • Patio And Porch Features: Concrete, Patio, Porch
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Concrete, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Microwave, Refrigerator
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Monrovia Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7984.00
  • Lot Size Acres: 0.1833

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 7984.0000 Square Feet
  • Number Of Units Total: 2
  • Rent Includes: Gardener, Sewer, Trash Collection, Water

Tax Info

  • Tax Block: C
  • Tax Census Tract: 4310.01
  • Tax Lot: 24
  • Tax Tract Number: 22-24

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2020
Closed on
Jun 23, 2020
Sold by
Bowden Development Inc
Bought by
Malachi Investment Llc
Seller's Agent
Jim Lek
KO TAI REALTY
Buyer's Agent
Jim Lek
KO TAI REALTY
Sold Price
$3,250
Current Estimated Value
$1,557,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,553,781

Purchase Details

Closed on
Nov 20, 2018
Sold by
Wallace Charles N and Mccart Michael R
Bought by
Bowden Development Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$299,000
Interest Rate
4.6%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 14, 2018
Sold by
Wallace Charles N
Bought by
Wallace Charles N and Wallace Michael R

Purchase Details

Closed on
May 22, 2008
Sold by
Wallace Charles and Wallace Jewel
Bought by
Wallace Charles

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$93,600
Interest Rate
5.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 11, 2004
Sold by
Wallace Charles N and Wallace Jewel E
Bought by
Wallace Charles
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
Malachi Investment Llc $1,350,000 Fidelity National Title Co
Bowden Development Inc $460,000 Lawyers Title Company
Wallace Charles N -- None Available
Wallace Charles N -- None Available
Wallace Charles -- Orange Coast Title Company
Wallace Charles -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bowden Development Inc $936,000
Previous Owner Bowden Development Inc $299,000
Previous Owner Wallace Charles $93,600
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/03/2021 09/03/21 Rented $3,350 0.0% --
09/02/2021 09/02/21 Under Contract -- -- --
08/29/2021 08/29/21 For Rent $3,350 +3.1% --
08/20/2020 08/20/20 Rented $3,250 0.0% --
07/19/2020 07/19/20 Under Contract -- -- --
07/14/2020 07/14/20 For Rent $3,250 -- --
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 $19,083 $1,461,282 $876,769 $584,513
2024 $19,083 $1,432,630 $859,578 $573,052
2023 $18,641 $1,404,540 $842,724 $561,816
2022 $18,091 $1,377,000 $826,200 $550,800
2021 $17,737 $1,350,000 $810,000 $540,000
2020 $9,268 $695,640 $510,000 $185,640
2019 $9,073 $682,000 $500,000 $182,000
2018 $2,066 $130,070 $15,053 $115,017
2016 $1,961 $125,020 $14,469 $110,551
2015 $1,921 $123,143 $14,252 $108,891
2014 $1,910 $120,731 $13,973 $106,758
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS21190626

California Regional Multiple Listing Service (CRMLS)

APN: 8505-009-027