NOT LISTED FOR SALE

512 E Lemon Ave Monrovia, CA 91016

Estimated Value: $1,064,490 - $1,371,000

2 Beds
1 Bath
2,042 Sq Ft
$583/Sq Ft Est. Value

Last Sold October 30, 2013

Last sale price $580,000 $284 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $7,302/month

26 Days on Market

About This Home

As of October 2013

Charming Duplex: Front unit offering 2 bedrooms, full bath, 1,136 sq. ft. (per assessor), living room with fireplace, kitchen with eating area, bonus room, laundry hook-ups, new carpeting and linoleum, freshly painted interior and exterior, new sprinkler system in front and carport parking. Rear unit offers 2 bedrooms, full bath, 906 sq. ft. (per assessor), private yard and carport space.

Last Agent to Sell the Property

Espi Bagwell

Keller Williams Realty License #01168881 Listed on: 09/26/2013

Keller Williams Realty

Last Buyer's Agent

Roberta Baron

Home Smart Professional License #00895868

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,760

Year Built

  • Built in 1908

Lot Details

  • 9,224 Sq Ft Lot
  • No Common Walls

Interior Spaces

  • 2,042 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 7
  • Assessor Parcel Number 8517010013

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Leased Unit
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,760

Year Built

Built in 1908

Lot Details

0

Listing Details

  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 8517010013
  • Year Built: 1908
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 284.04

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Street Lights

Lot Info

  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 9224.00
  • Lot Size Acres: 0.2120

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Lot Size Area: 9224.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 2
  • Number Wall A C: 2
  • Number With Carpet: 2
  • Rent Control: No
  • Total Actual Rent: 1200.00

Tax Info

  • Tax Lot: 7
  • Tax Tract Number: 0000
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 8, 2022
Sold by
Malta Trust
Bought by
Malta Trust
Current Estimated Value
$1,190,873

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$357,800
Outstanding Balance
$333,506
Interest Rate
3.55%
Mortgage Type
New Conventional
Estimated Equity
$857,367

Purchase Details

Listed on
Sep 26, 2013
Closed on
Oct 18, 2013
Sold by
Sheppard Joshua and Zahra Lisa C
Bought by
Sheppard Joshua and Zahra Lisa C
Seller's Agent
Espi Bagwell
Keller Williams Realty
Buyer's Agent
Roberta Baron
Home Smart Professional
List Price
$549,950
Sold Price
$580,000
Premium/Discount to List
$30,050
5.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.28%
Original Mortgage
$406,000
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 26, 2013
Closed on
Oct 4, 2013
Sold by
Arden Theodore J and Bowden Todd
Bought by
Sheppard Joshua and Zahra Lisa C
Seller's Agent
Espi Bagwell
Keller Williams Realty
Buyer's Agent
Roberta Baron
Home Smart Professional
List Price
$549,950
Sold Price
$580,000
Premium/Discount to List
$30,050
5.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$406,000
Interest Rate
4.53%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 1, 2009
Sold by
Kohler Michael J
Bought by
Kohler Rene

Purchase Details

Closed on
Sep 30, 2009
Sold by
Tipping Richard
Bought by
Tipping Richard

Purchase Details

Closed on
Dec 13, 2004
Sold by
Arden Theodore J and Bowden Todd
Bought by
Arden Theodore J and Bowden Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
5.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 1, 2002
Sold by
Delreal Martha
Bought by
Arden Theodore J and Bowden Todd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
7.15%
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Malta Trust -- Chicago Title
Sheppard Joshua -- Chicago Title
Sheppard Joshua -- Lawyers Title
Sheppard Joshua -- Lawyers Title
Kohler Rene -- None Available
Tipping Richard $40,000 None Available
Tipping Richard $40,000 None Available
Tipping Richard -- None Available
Arden Theodore J -- Orange Coast Title
Bowden Todd -- Orange Coast Title
Arden Theodore J $240,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sheppard Joshua $357,800
Closed Malta Trust $357,800
Previous Owner Sheppard Joshua $406,000
Previous Owner Arden Theodore J $315,000
Previous Owner Tipping Richard $60,000
Previous Owner Arden Theodore J $190,000
Previous Owner Arden Theodore J $188,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/30/2013 10/30/13 Sold $580,000 +5.5% $284 / Sq Ft
10/01/2013 10/01/13 Pending -- -- --
09/05/2013 09/05/13 For Sale $549,950 -- $269 / 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 $9,760 $710,986 $514,856 $196,130
2024 $9,760 $697,046 $504,761 $192,285
2023 $9,540 $683,379 $494,864 $188,515
2022 $9,267 $669,980 $485,161 $184,819
2021 $9,084 $656,845 $475,649 $181,196
2020 $8,811 $650,431 $470,772 $179,659
2019 $8,658 $637,685 $461,542 $176,143
2018 $8,425 $625,189 $452,493 $172,696
2016 $8,100 $600,607 $434,923 $165,684
2015 $7,924 $591,587 $428,391 $163,196
2014 $7,848 $580,000 $420,000 $160,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR13179937

California Regional Multiple Listing Service (CRMLS)

APN: 8517-010-013