NOT LISTED FOR SALE

509 W Olive Ave Monrovia, CA 91016

Estimated Value: $996,000 - $1,061,000

2 Beds
1 Bath
600 Sq Ft
$1,715/Sq Ft Est. Value

Last Sold May 28, 2014

Last sale price $375,000 $625 Per Sq Ft

Est. 174% increase in value since last sale

Current estimated payment $6,112/month

37 Days on Market

Highlights

  • In Ground Pool
  • All Bedrooms Downstairs
  • Wood Flooring
  • Monrovia High School Rated A
  • Maid or Guest Quarters
  • 2-minute walk to Lucinda Garcia Park

About This Home

As of May 2014

Great investment property as rental income or perfect for extended family. Standard Sale. 2 houses. 2 separate lots. 2 buildings. One building deemed legal and/non conforming. Buyer to verify any/all permits. Front unit amenities includes real hardwood floors, granite counter tops, one of a kind fireplace, new roof and spacious backyard. Guest house feature 1 Bedroom / 1 Bath with its own kitchen. Bedroom is located on the 2nd floor. Spacious backyard perfect for entertaining your guests! Plenty of room to build. Title shows as 2 Bedroom / 1 Bath. Buyer to verify with city.Close to schools, park, transportation and shopping. Property Sold-As-Is. MUST BE PURCHASED with 501 West Olive Avenue Monrovia $493,868.00 MLS#WS14054505 for the total Purchase Price of $868,868.00

Last Agent to Sell the Property

SOPHY PO

KELLER WILLIAMS REALTY/ARCADIA License #01855050 Listed on: 03/17/2014

Co-Listed By

Aileen Matias

CHAMPIONS REAL ESTATE License #01786129

Last Buyer's Agent

SOPHY PO

KELLER WILLIAMS REALTY/ARCADIA License #01855050 Listed on: 03/17/2014

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,706

Year Built

  • Built in 1924

Lot Details

  • 7,745 Sq Ft Lot
  • Private Yard

Parking

  • 2 Car Garage
  • 1 Carport Space
  • On-Street Parking

Home Design

  • Bungalow
  • Composition Roof

Interior Spaces

  • 600 Sq Ft Home
  • Recessed Lighting
  • Awning
  • Sliding Doors
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Gas Cooktop
  • Range Hood
  • Granite Countertops

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • Maid or Guest Quarters
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry Located Outside

Outdoor Features

  • In Ground Pool
  • Patio
  • Rain Gutters
  • Porch

Utilities

  • Floor Furnace
  • Heating System Uses Natural Gas
  • Gravity Heating System
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 25
  • Tax Tract Number 7721
  • Assessor Parcel Number 8506011028

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,706

Year Built

Built in 1924

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: No
  • Architectural Style: Bungalow
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8506011028
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 600.00
  • Interior Amenities: Granite Counters, Recessed Lighting
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 625.00
  • Room Type: All Bedrooms Down, Guest/Maid's Quarters

Exterior Features

  • Patio: Yes
  • Exterior Features: Awning(s)
  • Patio And Porch Features: Porch
  • Pool Features: In Ground, Private
  • Pool Private: Yes
  • Roof: Composition

Garage/Parking

  • Attached Garage: No
  • Carport Spaces: 1.00
  • Garage Spaces: 2.00
  • Parking: No
  • Parking Features: Carport, Garage, Street
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Cable Available, Sewer Connected, Sewer Available
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop, Range Hood
  • Heating Type: Floor Furnace, Natural Gas, Gravity
  • Laundry Features: Outside
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Yard
  • Lot Size Sq Ft: 7745.00
  • Lot Size Acres: 0.1780

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7745.0000 Square Feet
  • Number Of Units In Community: 2

Tax Info

  • Tax Lot: 25
  • Tax Tract Number: 7721

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2014
Closed on
May 1, 2014
Sold by
Cassella John William
Bought by
Cassella Barbara T
Seller's Agent
SOPHY PO
KELLER WILLIAMS REALTY/ARCADIA
Buyer's Agent
SOPHY PO
KELLER WILLIAMS REALTY/ARCADIA
List Price
$375,000
Sold Price
$375,000
Current Estimated Value
$1,028,971

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$653,971
Avg. Annual Appreciation
9.23%

Purchase Details

Listed on
Mar 17, 2014
Closed on
Apr 24, 2014
Sold by
Cassella Barbara T
Bought by
Wong Shuet Ying Chum and Shuet Ying Chum Wong Family Trust
Seller's Agent
SOPHY PO
KELLER WILLIAMS REALTY/ARCADIA
Buyer's Agent
SOPHY PO
KELLER WILLIAMS REALTY/ARCADIA
List Price
$375,000
Sold Price
$375,000

Purchase Details

Closed on
Feb 25, 2002
Sold by
Cassella Barbara T and Hopper Kenneth C
Bought by
Cassella Barbara T

Purchase Details

Closed on
May 30, 1996
Sold by
Hopper Theodore
Bought by
Hopper Theodore H and The Theodore H Hoppe Revocable Living Tr
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
Cassella Barbara T -- First American Title Company
Hopper Kenneth C -- First American Title Company
Wong Shuet Ying Chum $375,000 First American Title Company
Cassella Barbara T -- --
Hopper Theodore H -- --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/28/2014 05/28/14 Sold $375,000 0.0% $625 / Sq Ft
04/23/2014 04/23/14 Pending -- -- --
03/17/2014 03/17/14 For Sale $375,000 -- $625 / 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 $8,706 $647,096 $367,754 $279,342
2024 $8,706 $634,409 $360,544 $273,865
2023 $8,506 $621,971 $353,475 $268,496
2022 $8,259 $609,777 $346,545 $263,232
2021 $8,097 $597,821 $339,750 $258,071
2019 $7,711 $580,091 $329,674 $250,417
2018 $5,447 $404,011 $323,210 $80,801
2016 $5,247 $388,324 $310,660 $77,664
2015 $5,132 $382,492 $305,994 $76,498
2014 $780 $28,750 $13,973 $14,777
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS14054788

California Regional Multiple Listing Service (CRMLS)

APN: 8506-011-028