NOT LISTED FOR SALE

515 W Palm Ave Monrovia, CA 91016

Estimated Value: $722,000 - $804,000

2 Beds
1 Bath
896 Sq Ft
$865/Sq Ft Est. Value

Highlights

  • Main Floor Bedroom
  • Spanish Architecture
  • Covered Patio or Porch
  • Monrovia High School Rated A
  • No HOA
  • Double Pane Windows

About This Home

As of April 2023

Charming two bedroom one full bathroom home just a few blocks from Old Town Monrovia with it's many shops and restaurants. This gem has newer windows, newer laminate flooring throughout, central air/forced air heat, gas stove, microwave and built-in dishwasher, separate laundry room, dining area and eat-in kitchen. Nice grassy back yard with a covered porch and lemon tree.

Last Agent to Rent the Property

Susan Miali

Coldwell Banker Realty License #01077302 Listed on: 04/07/2023

Coldwell Banker Realty

Last Renter's Agent

Susan Miali

Coldwell Banker Realty License #01077302 Listed on: 04/07/2023

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $3,080

Year Built

  • Built in 1926

Lot Details

  • 6,045 Sq Ft Lot
  • South Facing Home
  • Wood Fence
  • Block Wall Fence
  • Density is up to 1 Unit/Acre
  • Property is zoned MORM*

Parking

  • 1 Car Garage
  • Parking Available
  • Single Garage Door
  • Driveway

Home Design

  • Spanish Architecture

Interior Spaces

  • 896 Sq Ft Home
  • 1-Story Property
  • Built-In Features
  • Double Pane Windows
  • Awning
  • Living Room
  • Laminate Flooring
  • Fire and Smoke Detector
  • Laundry Room

Kitchen

  • Gas Range
  • Microwave

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • Jack-and-Jill Bathroom
  • 1 Full Bathroom
  • Bathtub with Shower
  • Walk-in Shower

Additional Features

  • Covered Patio or Porch
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $2,500
  • Rent includes gardener
  • 12-Month Minimum Lease Term
  • Available 4/10/23
  • Tax Lot 8
  • Tax Tract Number 7084
  • Assessor Parcel Number 8505013008

Home Details

Home Type

Single Family

Est. Annual Taxes

$3,080

Year Built

Built in 1926

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2023-04-10
  • Credit Check: Yes
  • Credit Check Paid By: Tenant
  • Deposit Security: 2500
  • Furnished: Unfurnished
  • Transfer Fee Paid By: Owner

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Security: Smoke Detector(s)
  • View: No
  • Zoning: MORM*
  • Architectural Style: Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 8505013008
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 896.00 Square Feet
  • Interior Amenities: Built-in Features
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2.57
  • Room Type: All Bedrooms Down, Jack & Jill, Kitchen, Laundry, Living Room, Main Floor Bedroom
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower, Shower In Tub

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Exterior Features: Awning(s)
  • Fence: Yes
  • Fencing: Block, Wood
  • Patio And Porch Features: Covered
  • Pool Private: No
  • Spa: No

Garage/Parking

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

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Microwave
  • Heating Type: Forced Air
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Schools

  • School District: Monrovia Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6045.00
  • Lot Size Acres: 0.1388

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 6045.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Gardener

Tax Info

  • Tax Census Tract: 4310.03
  • Tax Lot: 8
  • Tax Tract Number: 7084

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 28, 2002
Sold by
Hoffman Peter C
Bought by
Hoffman Peter C and Hoffman Toni A
Current Estimated Value
$774,690

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
5.88%

Purchase Details

Closed on
Jun 28, 1999
Sold by
Hoffman Peter C
Bought by
Hoffman Peter C and Hoffman Toni A

Purchase Details

Closed on
Feb 10, 1998
Sold by
Brennan John E
Bought by
Hoffman Peter C and Hoffman Toni A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$102,400
Interest Rate
7.11%

Purchase Details

Closed on
Oct 22, 1996
Sold by
Brennan John E
Bought by
Brennan John Edward and Brennan Mary Frances
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
Hoffman Peter C -- --
Hoffman Peter C -- --
Hoffman Peter C -- --
Hoffman Peter C $128,000 Chicago Title Co
Brennan John Edward -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Hoffman Peter C $105,000
Closed Hoffman Peter C $102,400
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/13/2023 04/13/23 Rented $2,300 0.0% --
04/12/2023 04/12/23 Off Market $2,300 -- --
04/07/2023 04/07/23 For Rent $2,300 -- --
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 $3,080 $204,356 $151,676 $52,680
2024 $3,080 $200,350 $148,702 $51,648
2023 $3,012 $196,423 $145,787 $50,636
2022 $2,928 $192,573 $142,929 $49,644
2021 $2,870 $188,798 $140,127 $48,671
2019 $2,745 $183,200 $135,972 $47,228
2018 $2,673 $179,608 $133,306 $46,302
2016 $2,570 $172,636 $128,131 $44,505
2015 $2,517 $170,044 $126,207 $43,837
2014 $2,498 $166,714 $123,735 $42,979
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR23057283

California Regional Multiple Listing Service (CRMLS)

APN: 8505-013-008