NOT LISTED FOR SALE

516 W Lemon Ave Monrovia, CA 91016

Estimated Value: $1,067,000 - $1,135,569

3 Beds
1.5 Baths
1,394 Sq Ft
$787/Sq Ft Est. Value

Last Sold May 30, 2012

Last sale price $425,000 $305 Per Sq Ft

Est. 152% increase in value since last sale

Current estimated payment $6,776/month

263 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Open Floorplan
  • Deck
  • Monrovia High School Rated A
  • Mountain View
  • 4-minute walk to Lucinda Garcia Park

About This Home

As of May 2012

JUST REDUCED 20K! This house has Charm! Newly refinished original wood floors throughout the house. Brand new wood deck in the backyard! Centrally located to the downtown, schools and parks. Double pane windows, copper plumbing and freshly painted inside. Gas Fireplace in Living Room for those cozy winter nights! Kitchen has gas range and includes a dishwasher too. Indoor Laundry room with gas and electric hookups and a half bath too. Two car detached garage comes with an attached bonus room that can be used as a workshop/or small art studio. This is a good opportunity for investors! The lot is deep and offers plenty of room for expansion. Zoning allows for a second unit on the same lot! Buyer to check with building department first for specifications.

Last Agent to Sell the Property

PATRICIA ARIAS

QUALITY HOME REALTY License #01729774 Listed on: 07/24/2011

Last Buyer's Agent

Ann Contreras

Coldwell Banker License #01856936

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,476

Year Built

  • Built in 1939 | Remodeled

Lot Details

  • 7,500 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Rectangular Lot
  • Paved or Partially Paved Lot
  • Private Yard
  • Lawn
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Two Garage Doors
  • Garage Door Opener
  • Driveway

Home Design

  • Ranch Style House
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Copper Plumbing

Interior Spaces

  • 1,394 Sq Ft Home
  • Open Floorplan
  • Crown Molding
  • Double Pane Windows
  • Blinds
  • Window Screens
  • French Doors
  • Living Room with Fireplace
  • L-Shaped Dining Room
  • Utility Room
  • Mountain Views
  • Fire and Smoke Detector
  • Attic

Kitchen

  • Gas Oven or Range
  • Cooktop
  • Dishwasher
  • Tile Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down

Laundry

  • Laundry Room
  • 220 Volts In Laundry

Outdoor Features

  • Deck
  • Concrete Porch or Patio

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Sewer Paid

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 2
  • Assessor Parcel Number 8505017003

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,476

Year Built

Built in 1939 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Other Phone Description: Agent Direct
  • Other Phone Number: 909-229-6115
  • Property Attached: No
  • Security: Smoke Detector(s)
  • View: Yes
  • Architectural Style: Ranch
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8505017003
  • Year Built: 1939
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1394.00
  • Interior Amenities: Crown Molding, Copper Plumbing Full, Open Floorplan, Tile Counters
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Door Features: French Doors
  • Eating Area: Dining Ell
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 304.88
  • Room Type: Attic, All Bedrooms Down, Living Room, Main Floor Bedroom, Utility Room
  • Window Features: Blinds, Double Pane Windows, Screens

Exterior Features

  • Patio: Yes
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Concrete, Deck
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Wood Siding

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Asphalt, Driveway, Garage, Garage Door Opener, Garage - Two Door

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Sewer Connected, Phone Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Cooking, Gas Water Heater, Cooktop
  • Electric: 220 Volts in Laundry, Electricity - On Property
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Sewer Paid
  • 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

  • Lot Features: Back Yard, Front Yard, Lawn, Landscaped, Rectangular Lot, Lot 6500-9999, Paved, Yard
  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7500.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 10
  • Tax Tract Number: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2022
Sold by
Cervantes Grace S
Bought by
Cervantes Grace S and Cervantes Javier
Current Estimated Value
$1,068,939

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$647,200
Outstanding Balance
$604,222
Interest Rate
3.69%
Mortgage Type
New Conventional
Estimated Equity
$493,170

Purchase Details

Listed on
Jul 24, 2011
Closed on
Apr 16, 2012
Sold by
Gomez Sally
Bought by
Chung Grace
Seller's Agent
PATRICIA ARIAS
QUALITY HOME REALTY
Buyer's Agent
Ann Contreras
Coldwell Banker
List Price
$469,000
Sold Price
$425,000
Premium/Discount to List
-$44,000
-9.38%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.46%
Original Mortgage
$340,000
Interest Rate
3.86%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 27, 1999
Sold by
Lopez Roderick T
Bought by
Gomez Sally

Purchase Details

Closed on
Jan 11, 1998
Sold by
Lawlor Michael T
Bought by
Gomez Sally and Lopez Roderick T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$172,900
Interest Rate
6.95%
Source: Public Records

Range of Values:

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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
Cervantes Grace S -- Boston National Title Agency
Chung Grace $425,000 Fidelity National Title Co
Gomez Sally -- --
Gomez Sally $182,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cervantes Grace S $647,200
Closed Cervantes Grace S $647,200
Previous Owner Chung Grace $340,000
Previous Owner Gomez Sally $304,500
Previous Owner Gomez Sally $300,000
Previous Owner Gomez Sally $269,000
Previous Owner Gomez Sally $235,000
Previous Owner Gomez Sally $195,900
Previous Owner Gomez Sally $28,970
Previous Owner Gomez Sally $173,250
Previous Owner Gomez Sally $172,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/30/2012 05/30/12 Sold $425,000 -0.9% $305 / Sq Ft
04/12/2012 04/12/12 Pending -- -- --
03/31/2012 03/31/12 Price Changed $429,000 -4.5% $308 / Sq Ft
02/23/2012 02/23/12 Price Changed $449,000 -4.3% $322 / Sq Ft
10/20/2011 10/20/11 Price Changed $469,000 0.0% $336 / Sq Ft
10/20/2011 10/20/11 For Sale $469,000 +10.4% $336 / Sq Ft
09/15/2011 09/15/11 Off Market $425,000 -- --
08/11/2011 08/11/11 Price Changed $459,000 -1.3% $329 / Sq Ft
07/24/2011 07/24/11 For Sale $465,000 -- $334 / 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 $10,476 $783,241 $408,212 $375,029
2024 $10,476 $767,884 $400,208 $367,676
2023 $7,132 $513,084 $392,361 $120,723
2022 $6,927 $503,024 $384,668 $118,356
2021 $6,790 $493,162 $377,126 $116,036
2019 $6,471 $478,538 $365,942 $112,596
2018 $6,300 $469,156 $358,767 $110,389
2016 $6,057 $450,940 $344,837 $106,103
2015 $5,926 $444,168 $339,658 $104,510
2014 $5,867 $435,468 $333,005 $102,463
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: C11095926

California Regional Multiple Listing Service (CRMLS)

APN: 8505-017-003