NOT LISTED FOR SALE

512 W Palm Ave Monrovia, CA 91016

Estimated Value: $947,000 - $1,281,717

3 Beds
2 Baths
1,202 Sq Ft
$911/Sq Ft Est. Value

Last Sold February 07, 2023

Last sale price $1,075,000 $894 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $7,286/month

2 Days on Market

Highlights

  • Heated In Ground Pool
  • Mountain View
  • No HOA
  • Monrovia High School Rated A
  • Quartz Countertops
  • Game Room

About This Home

As of February 2023

Welcome home! Located in a highly desirable Monrovia neighborhood. This pool home features 3 bedrooms, 2 full bathrooms, 1,202 sqft of living space and 2 detached car garage. Make your way up the walkway to a front porch, perfect for enjoying a morning cup of coffee with views of the mountains. Step inside the family room and immediately feel right at home. Continue to your dining room kitchen combo that features custom white cabinetry with Quartz countertop, stainless steel appliances and an island with seating. The inside has been fully remodeled in 2014 .In the spacious private backyard you can enjoy the weather while entertaining friends and family. Backyard features a putting green area, heated pool and jacuzzi, built in barbecue, multiple seating areas, with multiple fruit trees. Additionally, there is an enclosed game room with sliding glass doors leading to the backyard. This home features many upgrades including solar panels, double pane windows, copper plumbing, upgraded electric panel, drip system, and all wood siding on the house is redwood treated with fire retardant and bug repellent.
The house comes with plans for 650 sqft addition for a master bedroom, master bath, walk in closet and a lanai leading to the backyard.

Last Listed By

Elia Maalouf

Equity Union License #02127258 Listed on: 01/05/2023

Equity Union

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $14,604

Year Built

  • Built in 1926

Lot Details

  • 8,640 Sq Ft Lot
  • Level Lot
  • Sprinkler System
  • Front Yard
  • Property is zoned MORM*

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors

Home Design

  • Turnkey
  • Copper Plumbing

Interior Spaces

  • 1,202 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Family Room
  • Game Room
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Gas Oven
  • Gas Range
  • Dishwasher
  • Quartz Countertops

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Remodeled Bathroom
  • 2 Full Bathrooms
  • Low Flow Toliet
  • Walk-in Shower

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

  • Home Security System
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Eco-Friendly Details

  • Solar Heating System

Pool

  • Heated In Ground Pool
  • Gas Heated Pool

Outdoor Features

  • Patio
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 7084
  • Assessor Parcel Number 8505014004

Community Details

Overview

  • No Home Owners Association
  • Foothills

Recreation

  • Dog Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$14,604

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Inclusions: Fridge, Oven, Dishwasher, Washer and Dryer, outdoor fridge and Tv. Outside shed
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Security System
  • View: Yes
  • Zoning: MORM*
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8505014004
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1202.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Full, Quartz Counters, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, In Kitchen
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 894.34
  • Room Type: All Bedrooms Down, Family Room, Game Room, Kitchen, Master Bedroom
  • Bathroom Features: Low Flow Toilet(s), Remodeled, Upgraded, Walk-In Shower

Exterior Features

  • Patio: Yes
  • View: Mountain(s)
  • Patio And Porch Features: Front Porch
  • Pool Features: Private, Heated, Gas Heat, In Ground
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Refrigerator
  • Heating Type: Central, Solar
  • Laundry Features: Gas & Electric Dryer Hookup, Inside, Stackable
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Dog Park, Foothills

Schools

  • School District: Monrovia Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lot 6500-9999, Level, Sprinkler System
  • Lot Size Sq Ft: 8640.00
  • Lot Size Acres: 0.1983

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8640.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4310.03
  • Tax Lot: 14
  • Tax Tract Number: 7084

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 5, 2023
Closed on
Jan 13, 2023
Sold by
Abdin Radi Riyad and Abdin Connie D
Bought by
Johnson Neal Brendan and Kendrick Kathleen Marie
Seller's Agent
Elia Maalouf
Equity Union
Buyer's Agent
Alison Burns
COMPASS
List Price
$1,088,000
Sold Price
$1,075,000
Premium/Discount to List
-$13,000
-1.19%
Total Days on Market
2
Views
21
Current Estimated Value
$1,094,679

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$19,679
Avg. Annual Appreciation
0.81%
Original Mortgage
$300,000
Outstanding Balance
$291,801
Interest Rate
6.27%
Mortgage Type
New Conventional
Estimated Equity
$802,878

Purchase Details

Listed on
Sep 29, 2013
Closed on
Nov 1, 2013
Sold by
Souquette Mario
Bought by
Abdin Radi Riyad and Bredemann Abdin Connie D
Seller's Agent
Nathalie Marcele Marles
Century 21 Village Realty
Buyer's Agent
Ronald Takeuchi
Townsquare Real Estate
List Price
$548,800
Sold Price
$520,000
Premium/Discount to List
-$28,800
-5.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.21%
Original Mortgage
$510,581
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 18, 1999
Sold by
Souquette Mario
Bought by
Souequette Mario and Souquette Karina Della Barca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
7.53%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Aug 13, 1997
Sold by
Afuso Roy K
Bought by
Souquette Mario and Barca Karina Della

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
4.95%

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
Johnson Neal Brendan $1,075,000 Lawyers Title
Abdin Radi Riyad $520,000 Lawyers Title Company
Souequette Mario -- American Title Co
Souquette Mario $155,000 Title Land Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Johnson Neal Brendan $300,000
Previous Owner Abdin Radi Riyad $495,000
Previous Owner Abdin Radi Rlyad $111,000
Previous Owner Abdin Radi Riyad $500,000
Previous Owner Abdin Radi Riyad $510,581
Previous Owner Souquette Mario $440,500
Previous Owner Souquette Mario $45,000
Previous Owner Souquette Mario $150,000
Previous Owner Souquette Mario $68,332
Previous Owner Souquette Mario $296,000
Previous Owner Souquette Mario $275,000
Previous Owner Souquette Mario $30,000
Previous Owner Souequette Mario $219,800
Previous Owner Souquette Mario $16,965
Previous Owner Souquette Mario $139,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/07/2023 02/07/23 Sold $1,075,000 -1.2% $894 / Sq Ft
01/08/2023 01/08/23 Pending -- -- --
01/05/2023 01/05/23 For Sale $1,088,000 +109.2% $905 / Sq Ft
11/27/2013 11/27/13 Sold $520,000 -3.5% $433 / Sq Ft
10/31/2013 10/31/13 Pending -- -- --
10/10/2013 10/10/13 Price Changed $539,000 -1.8% $448 / Sq Ft
09/20/2013 09/20/13 For Sale $548,800 +5.5% $457 / Sq Ft
09/16/2013 09/16/13 Off Market $520,000 -- --
08/19/2013 08/19/13 For Sale $548,800 -- $457 / 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
2024 $14,604 $1,096,500 $714,000 $382,500
2023 $8,362 $612,688 $476,249 $136,439
2022 $8,119 $600,675 $466,911 $133,764
2021 $7,961 $588,898 $457,756 $131,142
2019 $7,580 $571,433 $444,180 $127,253
2018 $7,423 $560,229 $435,471 $124,758
2016 $7,141 $538,476 $418,562 $119,914
2015 $6,985 $530,388 $412,275 $118,113
2014 $6,914 $520,000 $404,200 $115,800
Source: Public Records

Agents Affiliated with this Home

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR22258130

California Regional Multiple Listing Service (CRMLS)

APN: 8505-014-004