NOT LISTED FOR SALE

505 S Madison Ave Unit 1 Monrovia, CA 91016

Monrovia Area

Estimated Value: $1,167,076

2 Beds
1 Bath
700 Sq Ft
$1,667/Sq Ft Est. Value

Highlights

  • Quartz Countertops
  • No HOA
  • Breakfast Bar
  • Plymouth Elementary School Rated A-
  • Neighborhood Views
  • Forced Air Heating System

About This Home

As of January 2023

Brand New Unit with Private Yard! This Unit features 2 Bedrooms and 1 Bathroom. Brand New Shaker Cabinets, Quartz Countertops with Bar Seating, Laminate Flooring, Split Heating/AC Units, Dual Pane Windows, and Recessed Lighting. Tenant responsible for Electricity, Gas, Internet and Trash.
Convenient Location to 210 Freeway, Shops, Restaurants and Modes of Transportation.

Last Agent to Rent the Property

Alex Lee

Re/Max Elite Realty License #01894060 Listed on: 11/01/2022

Re/Max Elite Realty

Last Renter's Agent

Alex Lee

Re/Max Elite Realty License #01894060 Listed on: 11/01/2022

Re/Max Elite Realty

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 2022

Lot Details

  • 7,929 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • On-Street Parking

Home Design

  • Duplex

Interior Spaces

  • 700 Sq Ft Home
  • Neighborhood Views

Kitchen

  • Breakfast Bar
  • Quartz Countertops

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Location

  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Forced Air Heating System

Listing and Financial Details

  • Security Deposit $3,975
  • Rent includes water
  • 12-Month Minimum Lease Term
  • Available 11/1/22
  • Tax Lot 34
  • Tax Tract Number 8715

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Pet Policy

  • Limit on the number of pets
  • Pet Size Limit
  • Pet Deposit $1,000
  • Dogs and Cats Allowed
  • Breed Restrictions

Property Details

Home Type

Multi-Family

Year Built

Built in 2022

Lot Details

7,929 Sq Ft Lot

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2022-11-01
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Key: 25
  • Deposit Pets: 1000
  • Deposit Security: 3975
  • Furnished: Unfurnished
  • Pets Allowed: Breed Restrictions, Call, Cats OK, Dogs OK, Number Limit, Size Limit
  • Transfer Fee Paid By: Tenant

Listing Details

  • Standard Status: Closed
  • Structure Type: Duplex
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Lease
  • Year Built: 2022
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 700.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Counter / Bar
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 3.64
  • Room Type: Kitchen
  • Room Kitchen Features: Quartz Counters

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Garage/Parking

  • Parking: No
  • Parking Features: Street

Utilities

  • Heating: Yes
  • Laundry: No
  • Heating Type: Forced Air
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7929.00
  • Lot Size Acres: 0.1820

Multi Family

  • Insurance Water Furniture: Yes
  • Lease Term: 12 Months
  • Lot Size Area: 7929.0000 Square Feet
  • Number Of Units Total: 2
  • Rent Includes: Water

Tax Info

  • Tax Lot: 34
  • Tax Tract Number: 8715

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 21, 2022
Sold by
Bowden Development Inc and Bowden Diane M
Bought by
Current Estimated Value
$1,167,076

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$863,200
Outstanding Balance
$819,032
Interest Rate
6.02%
Mortgage Type
Balloon
Estimated Equity
$348,044

Purchase Details

Closed on
Sep 22, 2021
Sold by
Bowden Development Inc
Bought by
Bowden Diane M and Bowden Development Inc

Purchase Details

Closed on
Jul 29, 2021
Sold by
Adehlia D Defazio Revocable Trust
Bought by
Bowden Development Inc

Purchase Details

Closed on
Jan 14, 2010
Sold by
Defazio Adehlia D
Bought by
Defazio Adehlia D and The Adehlia D De Fazio Revocable Trust
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

  • Jesus Zambrano Real Estate Agent - The Mantelli Group

    Jesus Zambrano

    The Mantelli Group

    (949) 577-8077

    25 Total Sales

    1 in Monrovia

    $85,000 Price

    Jesus Zambrano
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  • Armando Arenas Real Estate Agent - GEORGE MICHAEL REALTY

    Armando Arenas

    GEORGE MICHAEL REALTY

    (562) 454-0391

    43 Total Sales

    1 in Monrovia

    $1,225,000 Price

    Armando Arenas
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  • Cynthia Hom Real Estate Agent - QUEEN'S REALTY CO.

    Cynthia Hom

    QUEEN'S REALTY CO.

    (626) 628-9026

    16 Total Sales

    1 in Monrovia

    $715,000 Price

    Cynthia Hom
     Section Image
  • Angela Kaufman Real Estate Agent - CENTURY 21 Affiliated

    Angela Kaufman

    CENTURY 21 Affiliated

    (949) 806-3853

    35 Total Sales

    1 in Monrovia

    $645,000 Price

    Angela Kaufman
     Section Image
  • Brent Ballard Real Estate Agent - Anderson Ballard Companies

    Brent Ballard

    Anderson Ballard Companies

    (747) 307-4526

    167 Total Sales

    1 in Monrovia

    $542,000 Price

    Brent Ballard
     Section Image
  • Peggy Lim Real Estate Agent - Real Brokerage Technologies

    Peggy Lim

    Real Brokerage Technologies

    (626) 889-5586

    85 Total Sales

    2 in Monrovia

    $1.1M - $1.2M Price Range

    Peggy Lim
     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
$1,079,000 Fidelity National Title
Bowden Diane M -- Fidelity National Title
Bowden Development Inc $525,000 Fidelity National Title
Defazio Adehlia D -- 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 $863,200
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
01/18/2023 01/18/23 Rented $2,550 -3.8% --
11/15/2022 11/15/22 Price Changed $2,650 -5.4% $4 / Sq Ft
11/01/2022 11/01/22 For Rent $2,800 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $15,058 $1,145,042 $801,212 $343,830
2025 $15,058 $1,122,591 $785,502 $337,089
2024 $14,656 $1,100,580 $770,100 $330,480
2023 $14,315 $1,079,000 $755,000 $324,000
2022 $7,164 $525,000 $425,000 $100,000
2021 $2,119 $126,222 $64,916 $61,306
2020 $2,066 $124,929 $64,251 $60,678
2019 $2,034 $122,481 $62,992 $59,489
2018 $1,929 $120,080 $61,757 $58,323
2016 $1,858 $115,419 $59,360 $56,059
2015 $1,820 $113,686 $58,469 $55,217
2014 $1,811 $111,460 $57,324 $54,136
Source: Public Records

Agents Affiliated with this Home

  • AL

    Landlord's Agent in 2023

    Alex Lee

    RE/MAX

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR22233689

California Regional Multiple Listing Service (CRMLS)

APN: 8505-031-013

California Los Angeles County Monrovia 91016

505 S Madison Ave Unit 1, 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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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

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