NOT LISTED FOR SALE

440 Linwood Ave Monrovia, CA 91016

Estimated Value: $1,584,000 - $1,785,000

5 Beds
5 Baths
2,580 Sq Ft
$661/Sq Ft Est. Value

Last Sold July 26, 2024

Last sale price $1,650,000 $640 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $10,586/month

52 Days on Market

Highlights

  • Primary Bedroom Suite
  • Open Floorplan
  • Private Yard
  • Monrovia High School Rated A
  • Traditional Architecture
  • No HOA

About This Home

As of July 2024

A Wonderful Single-Family Residence (#440) with Brand New ADU (#440-1) as the 2nd Unit Located in a Highly Desirable Location of City of Monrovia, One Block South of Foothill Blvd, minutes to Great Selection of Retails, Restaurants, Supermarkets, Business District, Public Transportations. The Main Home (#440) Has Been Substantially Extended and Remodeled and Recently Accomplished a Gorgeous Brand New ADU (#440-1) in 2023: the Main Home offers 3 Bedrooms, 2 3/4 Baths (1,580 sq'ft approx.) + Two Car Garage: The Brand New ADU at The Rear Features 2 Bedrooms, 2 full Baths (990 sq'ft approx.) + One Car Garage. Private Front Patio. Both Units Offer Open Floor Plan, Bright and Airy, New Kitchen/Appliances, New Laminated Flooring throughout, Central Air/Heat, Master Suits, In-Unit Laundry Area, Landscape With Sprinkler System, So Many Features & Amenities to Appreciate. Excellent
Turnkey Condition with Great Curb Appeal, Great for Any Buyer or Investor, or Live in One and Rent the Other. Make these Lovely Homes for Enjoyment or Investment at Your Choice. Must See to Appreciate

Last Agent to Sell the Property

Gina Huang

Coldwell Banker Dynasty T.C. Brokerage Phone: 626-297-2858 License #01043220 Listed on: 05/04/2024

Coldwell Banker Dynasty T.C.

Last Buyer's Agent

Timothy Xu

Compass License #01703821

Compass

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,465

Year Built

  • Built in 1924

Lot Details

  • 8,627 Sq Ft Lot
  • Lot Dimensions are 50x172
  • No Common Walls
  • Landscaped
  • Paved or Partially Paved Lot
  • Sprinkler System
  • Private Yard
  • Front Yard

Parking

  • 3 Car Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Duplex
  • Traditional Architecture
  • Additions or Alterations
  • Raised Foundation
  • Slab Foundation
  • Fire Rated Drywall
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,580 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Built-In Features
  • Blinds
  • Laminate Flooring
  • Neighborhood Views
  • Basement

Kitchen

  • Free-Standing Range
  • Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom Suite
  • 5 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Accessible Home Design

  • Doors swing in
  • Accessible Parking

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected

Additional Features

  • Exterior Lighting
  • Two Homes on a Lot

Listing and Financial Details

  • Tenant pays for cable TV, gas
  • Legal Lot and Block 3 / C
  • Tax Tract Number 6218
  • Assessor Parcel Number 8505009004

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $840
  • Water Sewer Expense $800
  • New Taxes Expense $20,000
  • Operating Expense $22,640
  • Gross Income $73,200
  • Net Operating Income $63,240

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,465

Year Built

Built in 1924

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • Price Per Unit: 858500
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 800.00
  • Zoning: MORH
  • Architectural Style: Traditional
  • Property Condition: Additions/Alterations
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 8505009004
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: No
  • Interior Amenities: Built-in Features, Open Floorplan
  • Stories: 1
  • Entry Location: steps
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Accessibility Features: Doors - Swing In, Parking
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 639.53
  • Room Type: All Bedrooms Down, Basement, Kitchen, Laundry, Primary Suite
  • Window Features: Blinds

Exterior Features

  • Foundation: Raised, Slab
  • Other Structures: Two On A Lot
  • Exterior Features: Lighting
  • View: Neighborhood
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Rear, On Site
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Range Hood
  • Electric: Standard
  • Heating Type: Central
  • Laundry Features: Inside, Stackable, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 840.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Paved, Sprinkler System, Yard
  • Lot Size: 50x172
  • Lot Size Sq Ft: 8627.00
  • Lot Size Acres: 0.1980
  • Latitude Manual: 34.14983700

Rental Info

  • Tenant Pays: Cable TV, Gas

Multi Family

  • Average2 Bed Area: 990 Square Feet
  • Average3 Bed Area: 1580 Square Feet
  • Gross Income: 73200.00
  • Gross Operating Income: 65880.00
  • Gross Scheduled Income: 73200.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 8627.0000 Square Feet
  • Net Operating Income: 63240.00
  • 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 Dishwasher: 2
  • Number With Disposal: 2
  • Number With Range: 2
  • Operating Expense: 2640.00
  • Rent Control: Yes
  • Total Expenses: 22640.00
  • Vacancy Allowance Rate: 10.00

Tax Info

  • New Taxes Expense: 20000.00
  • Tax Block: C
  • Tax Lot: 3
  • Tax Tract Number: 6218

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2025
Sold by
Ho Xe Keith
Bought by
Xe Keith Ho Revocable Trust and Ho
Current Estimated Value
$1,706,249

Purchase Details

Listed on
May 4, 2024
Closed on
Jul 19, 2024
Sold by
Meld Lp
Bought by
Ho Xe Keith
Seller's Agent
Gina Huang
Coldwell Banker Dynasty T.C.
Buyer's Agent
Timothy Xu
Compass
List Price
$1,717,000
Sold Price
$1,650,000
Premium/Discount to List
-$67,000
-3.9%
Views
30

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.15%
Original Mortgage
$1,149,825
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 4, 2024
Closed on
Jul 16, 2024
Sold by
Meld Lp
Bought by
Ho Xe Keith
Seller's Agent
Gina Huang
Coldwell Banker Dynasty T.C.
Buyer's Agent
Timothy Xu
Compass
List Price
$1,717,000
Sold Price
$1,650,000
Premium/Discount to List
-$67,000
-3.9%
Views
30

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,149,825
Interest Rate
6.95%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 3, 2020
Closed on
Jul 24, 2020
Sold by
Rice Kevin
Bought by
Meld Lp
Seller's Agent
Diane Aguayo
Big Block Powerhouse Realty
Buyer's Agent
Gina Huang
Coldwell Banker Dynasty T.C.
List Price
$735,000
Sold Price
$741,000
Premium/Discount to List
$6,000
0.82%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.53%

Purchase Details

Closed on
Jan 11, 2017
Sold by
Rice Claudia
Bought by
Rice Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$489,000
Interest Rate
4.13%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2007
Sold by
Bowers Kevin M and Bowers Neysa M
Bought by
Rice Kevin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$471,200
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 12, 2004
Sold by
Sangiorgi Frank O and Sangiorgi Margaret A
Bought by
Bowers Kevin M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,000
Interest Rate
4.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 25, 1996
Sold by
Dausman Jessica A
Bought by
Sangiorgi Frank O and Sangiorgi Margaret A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,650
Interest Rate
8.09%
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
Xe Keith Ho Revocable Trust -- None Listed On Document
Ho Xe Keith $1,650,000 First American Title
Ho Xe Keith $1,650,000 First American Title
Meld Lp $741,000 Lawyers Title Company
Rice Kevin -- Bnt Title Company Of Ca
Rice Kevin $589,000 Lawyers Title Company
Bowers Kevin M $445,000 Old Republic Title Company
Sangiorgi Frank O $173,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ho Xe Keith $1,149,825
Previous Owner Ho Xe Keith $1,149,825
Previous Owner Rice Kevin $489,000
Previous Owner Rice Kevin $471,200
Previous Owner Bowers Kevin M $53,380
Previous Owner Bowers Kevin M $452,000
Previous Owner Bowers Kevin M $356,000
Previous Owner Sangiorgi Frank O $157,500
Previous Owner Sangiorgi Frank O $55,091
Previous Owner Sangiorgi Frank O $157,519
Previous Owner Sangiorgi Frank O $155,650
Closed Bowers Kevin M $89,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/26/2024 07/26/24 Sold $1,650,000 0.0% $640 / Sq Ft
07/26/2024 07/26/24 Sold $1,650,000 -3.9% $640 / Sq Ft
06/28/2024 06/28/24 For Sale $1,717,000 0.0% $666 / Sq Ft
06/28/2024 06/28/24 For Sale $1,717,000 +4.1% $666 / Sq Ft
06/26/2024 06/26/24 Off Market $1,650,000 -- --
06/26/2024 06/26/24 Off Market $1,650,000 -- --
06/25/2024 06/25/24 Pending -- -- --
06/25/2024 06/25/24 Pending -- -- --
05/04/2024 05/04/24 For Sale $1,717,000 0.0% $666 / Sq Ft
04/08/2024 04/08/24 For Sale $1,717,000 +131.7% $666 / Sq Ft
08/18/2020 08/18/20 Sold $741,000 +0.8% $703 / Sq Ft
07/18/2020 07/18/20 Pending -- -- --
07/03/2020 07/03/20 For Sale $735,000 -- $697 / 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 $15,465 $1,650,000 $1,000,000 $650,000
2024 $15,465 $1,153,553 $629,083 $524,470
2023 $10,408 $770,936 $616,749 $154,187
2022 $10,104 $755,820 $604,656 $151,164
2021 $9,910 $741,000 $592,800 $148,200
2020 $9,283 $707,405 $565,927 $141,478
2019 $9,118 $693,535 $554,831 $138,704
2018 $8,468 $646,000 $517,000 $129,000
2016 $7,380 $559,000 $447,000 $112,000
2015 $7,013 $534,000 $426,700 $107,300
2014 $6,189 $463,000 $370,000 $93,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR24088571

California Regional Multiple Listing Service (CRMLS)

APN: 8505-009-004