NOT LISTED FOR SALE

518 E Colorado Blvd Monrovia, CA 91016

Monrovia Area

Estimated Value: $1,279,000 - $1,635,000

6 Beds
4 Baths
3,103 Sq Ft
$479/Sq Ft Est. Value

Sale Details

Date Sold: January 14, 2016

Last sale price $970,000 $313 Per Sq Ft

Est. 53% increase in value since last sale

Current estimated payment $8,933 / mo

79 Days on Market

Highlights

  • Mountain View
  • Fireplace in Kitchen
  • High Ceiling
  • Clifton Middle School Rated A-
  • Main Floor Bedroom
  • 4-minute walk to Recreation Park

About This Home

As of January 2016

2 homes on a lot!!! Gorgeous Craftsman preserved and restored to its original grace. Large river rock porch to relax on Summer nights. Beamed ceilings with original hardwood floors, fir built-in dining cabinets, solid fir doors and numerous character windows for a light bright living area. Downstairs bedroom with 3/4 bath, can be used as a den or office. Upstairs are three large bedrooms with beautiful views of mountains and a separate library to read into the afternoon and evenings. Large character full bath with loads of light, compliments the upstairs area. Back yard is an oasis with several dining areas and large avocado tree, orange, lime, lemon trees and lush landscaping. Back home is a "sears kit" 1923 home (per seller) with it's own entrance and charming porch. 2 bedrooms and 2 baths, own small yard and own address and utility meters. Newer 2 car garage compliments this amazing residential income property. Most likely will qualify for the Mills Act for a large savings on property taxes each year. (buyer to verify). Front home measures about 2,200 sq. ft. and back home measures about 875 sq. ft. This is a must see for two gorgeous historical homes. Back home is currently being remodeled. Great opportunity!

Last Agent to Sell the Property

Sue Lamb

Hatlen Properties License #01455902 Listed on: 10/11/2015

Hatlen Properties

Last Buyer's Agent

Sue Lamb

Hatlen Properties License #01455902 Listed on: 10/11/2015

Hatlen Properties

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1907

Lot Details

  • 11,627 Sq Ft Lot
  • No Common Walls
  • Front Yard Sprinklers
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • Partial Copper Plumbing

Interior Spaces

  • 3,103 Sq Ft Home
  • Beamed Ceilings
  • High Ceiling
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Home Office
  • Library with Fireplace
  • Mountain Views
  • Laundry in unit

Kitchen

  • Ceramic Countertops
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 6 Bedrooms
  • Main Floor Bedroom
  • 4 Bathrooms

Outdoor Features

  • Fireplace in Patio
  • Outdoor Fireplace
  • Exterior Lighting

Additional Homes

  • Fireplace in Guest House

Utilities

  • Central Air
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 2
  • Assessor Parcel Number 8517012001

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1907

Lot Details

0.27 Acres

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Type: Residential Income
  • Parcel Number: 8517012001
  • Year Built: 1907
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Beamed Ceilings, Ceramic Counters, Ceiling Fan(s), High Ceilings, Copper Plumbing Partial
  • Common Walls: No Common Walls
  • Fireplace Features: Dining Room, Guest House, Kitchen, Library, Living Room, Outside, Patio
  • Levels: Two
  • Price Per Square Foot: 312.60
  • Room Type: Main Floor Bedroom, Office

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Sprinklers: Yes
  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 0-1 Unit/Acre, Lot 10000-19999 Sqft, Sprinklers In Front
  • Lot Size Sq Ft: 11627.00
  • Price Per Lot Square Foot: 83.43
  • Lot Size Acres: 0.2670

Multi Family

  • Lot Size Area: 11627.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 2

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

Closed on
Apr 8, 2024
Sold by
Bought by
Current Estimated Value
$1,487,078

Purchase Details

Closed on
Nov 4, 2015
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
0.039%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 25, 2012
Closed on
Oct 1, 2012
Sold by
Bought by
Seller's Agent
Marisela Torres
Century 21 Adams & Barnes
Buyer's Agent
Sue Lamb
Hatlen Properties
List Price
$649,000
Sold Price
$615,000
Premium/Discount to List
-$34,000
-5.24%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.63%
Original Mortgage
$367,000
Interest Rate
0.0425%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Oct 2, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
0.1015%
Mortgage Type
Balloon

Purchase Details

Closed on
Apr 26, 2004
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,000
Interest Rate
0.0835%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 3, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$21,825
Interest Rate
0.0771%

Purchase Details

Closed on
Jan 5, 2000
Sold by
Bought by

Purchase Details

Closed on
Jun 26, 1995
Sold by
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

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
-- None Listed On Document
$970,000 Lawyers Title
$615,000 Chicago Title Company
-- Old Republic Title Co Oc
-- Chicago
-- --
-- --
$225,000 First American Title Co
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
Previous Owner $180,500
Previous Owner $200,000
Previous Owner $367,000
Previous Owner $292,000
Previous Owner $225,000
Previous Owner $21,825
Previous Owner $160,000
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 Prior Sale
01/14/2016 01/14/16 Sold $970,000 -7.5% $313 / Sq Ft
10/27/2015 10/27/15 Pending -- -- --
08/09/2015 08/09/15 For Sale $1,049,000 +70.6% $338 / Sq Ft
10/23/2012 10/23/12 Sold $615,000 -5.2% $198 / Sq Ft View Prior Sale
09/07/2012 09/07/12 Pending -- -- --
08/25/2012 08/25/12 For Sale $649,000 -- $209 / 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 $9,972 $708,000 $474,400 $233,600
2024 $9,900 $708,000 $474,400 $233,600
2023 $10,441 $754,000 $505,000 $249,000
2022 $10,328 $754,000 $505,000 $249,000
2021 $10,001 $730,000 $489,200 $240,800
2020 $9,124 $676,000 $453,000 $223,000
2019 $8,708 $642,000 $423,600 $218,400
2018 $9,018 $674,000 $444,700 $229,300
2016 $8,637 $646,423 $280,309 $366,114
2015 $8,450 $636,714 $276,099 $360,615
2014 $8,368 $609,723 $270,691 $339,032
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2016

    Sue Lamb

    Hatlen Properties

    Section Image
  • Marisela Torres

    Seller's Agent in 2012

    Marisela Torres

    Century 21 Adams & Barnes

    (626) 384-8481

    25 Total Sales

    Marisela Torres
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR15175482

California Regional Multiple Listing Service (CRMLS)

APN: 8517-012-001

California Los Angeles County Monrovia 91016

518 E Colorado Blvd, Monrovia, CA

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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

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