NOT LISTED FOR SALE

502 E Cherry Ave Monrovia, CA 91016

Monrovia Area

Estimated Value: $1,714,474

8 Beds
4 Baths
4,229 Sq Ft
$405/Sq Ft Est. Value

Sale Details

Date Sold: January 25, 2017

Last sale price $1,100,000 $260 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $11,195 / mo

60 Days on Market

About This Home

As of January 2017

This home is located at 502 E Cherry Ave, Monrovia, CA 91016 since 15 September 2016 and is currently estimated at $1,714,474, approximately $405 per square foot. This property was built in 1929. 502 E Cherry Ave is a home located in Los Angeles County with nearby schools including Mayflower Elementary School, Santa Fe Computer Science Magnet, and Monrovia High School.

Last Agent to Sell the Property

Joshua Luchs

Kidder Mathews of California, Inc. License #01845545 Listed on: 09/15/2016

Last Buyer's Agent

DONNA DANCE

License #01079262

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1929

Lot Details

  • 13,540 Sq Ft Lot

Home Design

  • Quadruplex

Interior Spaces

  • 4,229 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 8 Parking Spaces
  • Carport

Utilities

  • Window Unit Cooling System
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 8515-011-011

Property Details

Home Type

Multi-Family

Year Built

Built in 1929

Lot Details

0.31 Acres

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Living Area: 4229
  • Stories: 1
  • Year Built: 1929
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 8
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 286.59

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Parking Garage: Carport
  • Total Parking: 8

Utilities

  • Cooling: Window Unit(s)
  • Electric Expense: 1222.00
  • Heating: Wall
  • Water Expense: 1200.00

Fee Information

  • Gas Expense: 843.00
  • Insurance Expense: 1950.00
  • Maintenance Expense: 1600.00
  • Trash Expense: 866.00

Lot Info

  • Assessed Improvement Value: 103136
  • Assessed Land Value: 120827
  • Assessor Parcel Number: 8515-011-011
  • Geocode Override: No
  • Lot Size Area: 13540

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 14.70
  • Number Of Units: 4
  • Rent Control: 0
  • Type Of Units: 4 plex

Tax Info

  • Tax Expense: 15150.00

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2020
Sold by
Karuppaiah Sakthivel and Rajagopal Sathyarathna
Bought by
Current Estimated Value
$1,714,474

Purchase Details

Closed on
May 22, 2020
Sold by
Wadhwa Satish Manoharilal and Wadhwa Shital Satish
Bought by
Wadhwa Satish Manoharlal and Wadhwa Shital Satish

Purchase Details

Listed on
Sep 15, 2016
Closed on
Jan 19, 2017
Sold by
Collins Sims Collins Julia Delores and Collins Julia Delores Sims
Bought by
Wadhwa Satish and Wadhiwa Shital
Seller's Agent
Joshua Luchs
Kidder Mathews of California, Inc.
Buyer's Agent
DONNA DANCE
List Price
$1,212,000
Sold Price
$1,100,000
Premium/Discount to List
-$112,000
-9.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.70%
Original Mortgage
$800,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 12, 2008
Sold by
Sims Julia Delores
Bought by
Collins Sims Collins Julia Delores and Collins Julia Delores Sims
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Monrovia, CA

  • Marcus Ibrahim Real Estate Agent - eXp Realty of Greater Los Angeles

    Marcus Ibrahim

    eXp Realty of Greater Los Angeles

    (781) 476-7479

    93 Total Sales

    1 in Monrovia

    $750,000 Price

    Marcus Ibrahim
     Section Image
  • Cyrus Mohseni Real Estate Agent - The Keystone Team

    Cyrus Mohseni

    Responds Quickly

    The Keystone Team

    (657) 341-0810

    178 Total Sales

    1 in Monrovia

    $773,000 Price

    Cyrus Mohseni
     Section Image
  • Lan 'Gloria' Xiao Real Estate Agent - RE/MAX ELITE REALTY

    Lan 'Gloria' Xiao

    Responds Quickly

    RE/MAX ELITE REALTY

    (562) 600-8264

    114 Total Sales

    2 in Monrovia

    $988,000 Price Range

    Lan 'Gloria' Xiao
     Section Image
  • Ryan Zimmerman Real Estate Agent - CONCIERGE REALTY GROUP

    Ryan Zimmerman

    CONCIERGE REALTY GROUP

    (909) 404-9309

    209 Total Sales

    1 in Monrovia

    $1,825,000 Price

    Ryan Zimmerman
     Section Image
  • Mel Macklin Real Estate Agent - HomeSmart, Evergreen Realty

    Mel Macklin

    HomeSmart, Evergreen Realty

    (747) 307-7003

    50 Total Sales

    1 in Monrovia

    $998,000 Price

    Mel Macklin
     Section Image
  • Dan Tan Real Estate Agent - TANDEM REAL ESTATE. INC.

    Dan Tan

    TANDEM REAL ESTATE. INC.

    (626) 587-3110

    8 Total Sales

    1 in Monrovia

    $980,000 Price

    Dan Tan
     Section Image
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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- None Available
Karuppaiah Sakthivel -- None Available
Wadhwa Satish Manoharlal -- None Available
Wadhwa Satish Manoharial -- None Available
Wadhwa Satish $1,100,000 Ticor Title
Collins Sims Collins Julia Delores -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $745,000
Closed Wadhwa Satish $800,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/25/2017 01/25/17 Sold $1,100,000 -9.2% $260 / Sq Ft
09/15/2016 09/15/16 For Sale $1,212,000 -- $287 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $18,196 $1,302,172 $520,868 $781,304
2025 $18,196 $1,276,640 $510,655 $765,985
2024 $17,786 $1,251,609 $500,643 $750,966
2023 $17,392 $1,227,069 $490,827 $736,242
2022 $16,901 $1,203,009 $481,203 $721,806
2021 $16,568 $1,179,421 $471,768 $707,653
2020 $16,078 $1,168,508 $466,931 $701,577
2019 $15,802 $1,145,620 $457,776 $687,844
2018 $15,289 $1,123,180 $448,800 $674,380
2016 $4,074 $223,963 $120,827 $103,136
2015 $3,998 $220,600 $119,013 $101,587
2014 $3,988 $216,280 $116,682 $99,598
Source: Public Records

Agents Affiliated with this Home

  • Joshua Luchs Real Estate Agent - Kidder Mathews of California, Inc.

    Seller's Agent in 2017

    Joshua Luchs

    Kidder Mathews of California, Inc.

    (818) 231-2477

    6 Total Sales

    Joshua Luchs
    Section Image

  • DD

    Buyer's Agent in 2017

    DONNA DANCE

See All Agents

Map

Source: The MLS

MLS Number: 16-163816

The MLS

APN: 8515-011-011

California Los Angeles County Monrovia 91016

502 E Cherry Ave, Monrovia, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

The MLS © 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.

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