NOT LISTED FOR SALE

511 E Lemon Ave Monrovia, CA 91016

Estimated Value: $954,000 - $1,233,239

4 Beds
2 Baths
2,072 Sq Ft
$522/Sq Ft Est. Value

Sale Details

Date Sold: December 7, 2012

Last sale price $480,000 $232 Per Sq Ft

Est. 125% increase in value since last sale

Current estimated payment $6,660 / mo

117 Days on Market

Highlights

  • Fireplace in Bathroom
  • Cooling System Mounted To A Wall/Window
  • 3-minute walk to Rotary Park
  • Clifton Middle School Rated A-
  • Central Heating

About This Home

As of December 2012

Two Homes on a lot. Beautiful tree lined street. Great investment opportunity or live in one rent the other just a few blocks away from Old Town Monrovia. Front unit has 2 Bedroom and 1 Bath the Rear unit has 2 Bedroom and 1 Bath.

Last Agent to Sell the Property

Mike Nijjar

MZ BROKERAGE INC. License #00578160 Listed on: 06/30/2012

Last Buyer's Agent

Johnny Chang

CAL BEST REALTY License #00853937

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 7,992 Sq Ft Lot

Home Design

  • 2,072 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms
  • Fireplace in Bathroom

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 8517007011

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,800
  • Insurance Expense $732
  • Trash Expense $710
  • Water Sewer Expense $1,051
  • New Taxes Expense $6,100
  • Gross Income $2,950
  • Net Operating Income $23,852

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

7,992 Sq Ft Lot

Listing Details

  • Water Sewer Expenses: 1051.00
  • Property Type: Residential Income
  • Gardener Expense: 1800.00
  • Parcel Number: 8517007011
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Fireplace Features: Bath
  • Levels: One
  • Price Per Square Foot: 231.66

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Trash Expense: 710.00
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7992.00
  • Lot Size Acres: 0.1830

Multi Family

  • Gross Income: 2950.00
  • Gross Scheduled Income: 35400.00
  • Insurance Expense: 732.00
  • Lot Size Area: 7992.0000 Square Feet
  • Net Operating Income: 23852.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 11548.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 6100.00
  • Tax Lot: 10
  • Tax Tract Number: BLK G
  • Tax Year: 2011

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
Jun 30, 2012
Closed on
Dec 3, 2012
Sold by
Bought by
Seller's Agent
Mike Nijjar
MZ BROKERAGE INC.
Buyer's Agent
Johnny Chang
CAL BEST REALTY
List Price
$495,000
Sold Price
$480,000
Premium/Discount to List
-$15,000
-3.03%
Current Estimated Value
$1,081,810

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$601,810
Avg. Annual Appreciation
6.19%
Original Mortgage
$250,000
Outstanding Balance
$171,889
Interest Rate
3.36%
Mortgage Type
New Conventional
Estimated Equity
$909,921
Source: Public Records

Range of Values:

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

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
$480,000 Orange Coast Title
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 $250,000
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
12/07/2012 12/07/12 Sold $480,000 -3.0% $232 / Sq Ft
10/25/2012 10/25/12 Pending -- -- --
06/30/2012 06/30/12 For Sale $495,000 -- $239 / 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 $9,793 $696,349 $400,208 $296,141
2024 $9,568 $682,696 $392,361 $290,335
2023 $8,059 $568,122 $384,668 $183,454
2022 $7,830 $556,983 $377,126 $179,857
2021 $7,674 $546,063 $369,732 $176,331
2020 $7,447 $540,764 $365,941 $174,823
2019 $7,319 $530,167 $358,766 $171,401
2018 $7,116 $519,779 $351,732 $168,047
2016 $6,839 $499,309 $338,075 $161,234
2015 $6,692 $491,810 $332,997 $158,813
2014 $6,630 $482,178 $326,475 $155,703
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2012

    Mike Nijjar

    MZ BROKERAGE INC.

    (626) 575-0062

    Mike Nijjar
    Section Image

  • J

    Buyer's Agent in 2012

    Johnny Chang

    CAL BEST REALTY

    (626) 652-8008

    1 Total Sale

    Johnny Chang
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: C12081886

California Regional Multiple Listing Service (CRMLS)

APN: 8517-007-011

California Los Angeles County Monrovia 91016

511 E Lemon 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.

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

Nearby Homes
Your Personal Tour Guide

Ask me questions while you tour the home.