NOT LISTED FOR SALE

505 S Madison Ave Monrovia, CA 91016

Estimated Value: $1,001,000 - $1,237,166

5 Beds
3 Baths
1,778 Sq Ft
$654/Sq Ft Est. Value

Sale Details

Date Sold: November 1, 2022

Last sale price $1,079,000 $607 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $7,527 / mo

7 Days on Market

Highlights

  • No HOA
  • Living Room
  • Central Air
  • Plymouth Elementary School Rated A-
  • Laundry closet
  • 1 Car Garage

About This Home

As of November 2022

Two homes on a lot! Main house has been tastefully renovated and expanded, featuring 1,096 Sq. Ft., a living room, dining area, kitchen with new shaker style cabinets, quartz countertops and built-in stainless steel appliances. There are 3 bedrooms and 2 bathrooms. Other amenities include side-by-side laundry hook-ups, laminate flooring, recessed lighting, central air and heat, freshly painted interior and exterior, separate yard and a single car garage. The newly constructed ADU features 682 Sq. Ft. (Measured), living room, kitchen with shaker style cabinets, quartz countertops with bar seating, built-in stainless steel appliances. There are two bedrooms and a bathroom. Other amenities include laminate flooring, split system air and heat, recessed lighting, separate yard and storage sheds.

Last Agent to Sell the Property

Espi Bagwell

Keller Williams Realty License #01168881 Listed on: 09/23/2022

Keller Williams Realty

Co-Listed By

Amanda Arroyo

Keller Williams Realty License #01890828

Last Buyer's Agent

Alex Lee

Re/Max Elite Realty License #01894060

Re/Max Elite Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1936

Lot Details

  • 7,929 Sq Ft Lot
  • Property is zoned MORH*

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway

Interior Spaces

  • 1,778 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Laundry closet

Kitchen

  • Built-In Range
  • Microwave
  • Dishwasher

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 3 Full Bathrooms

Utilities

  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 34
  • Tax Tract Number 8715
  • Assessor Parcel Number 8505031013

Home Details

Home Type

Single Family

Year Built

Built in 1936

Lot Details

7,929 Sq Ft Lot

Parking

1

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: MORH*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8505031013
  • Year Built: 1936
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1778.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 5
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 606.86
  • Room Type: Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Appliances: Built-In Range, Dishwasher, Microwave
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • 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: Lot 6500-9999
  • Lot Size Sq Ft: 7929.00
  • Lot Size Acres: 0.1820

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7929.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 4310.03
  • 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

Listed on
Sep 23, 2022
Closed on
Oct 21, 2022
Sold by
Bought by
Seller's Agent
Espi Bagwell
Keller Williams Realty
Buyer's Agent
Alex Lee
Re/Max Elite Realty
List Price
$999,950
Sold Price
$1,079,000
Premium/Discount to List
$79,050
7.91%
Views
19
Current Estimated Value
$1,163,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$84,542
Avg. Annual Appreciation
2.09%
Original Mortgage
$863,200
Outstanding Balance
$825,386
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$338,156

Purchase Details

Closed on
Jan 14, 2010
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
-- 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
11/01/2022 11/01/22 Sold $1,079,000 +7.9% $607 / Sq Ft
09/30/2022 09/30/22 Pending -- -- --
09/23/2022 09/23/22 For Sale $999,950 -- $562 / Sq Ft
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
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

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR22208540

California Regional Multiple Listing Service (CRMLS)

APN: 8505-031-013

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