NOT LISTED FOR SALE

518 E Lime Ave Monrovia, CA 91016

Estimated Value: $1,066,000 - $1,307,835

5 Beds
2 Baths
1,400 Sq Ft
$846/Sq Ft Est. Value

Last Sold April 12, 2023

Last sale price $800,000 $571 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $7,148/month

84 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Laundry Room
  • Clifton Middle School Rated A-
  • Cooling System Mounted To A Wall/Window
  • 3-minute walk to Rotary Park

About This Home

As of April 2023

Two homes on one lot in the beautiful City of Monrovia. Front house, 520 East Lime, has 3 bedrooms with 1 bath, good size fenced front and rear yard. Rear yard is large enough for entertaining or to have your very own garden. 518 East Lime, back house, is accessible through the alley, has 2 bedrooms and one bath, dining in kitchen, fenced and has a two car carport. Yard is a good size with fruit trees. Residential Income listing CV22241536.

Last Agent to Sell the Property

Lysette Soto

Tower Agency Brokerage Phone: 626-391-4359 License #01945643 Listed on: 11/29/2022

Tower Agency

Last Buyer's Agent

ALEXANDRA VALDEZ-RAZO

VIP Loans and Real Estate License #01855394

VIP Loans and Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1933

Lot Details

  • 7,993 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned MORM*

Interior Spaces

  • 1,400 Sq Ft Home
  • Mountain Views

Bedrooms and Bathrooms

  • 5 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Laundry in Kitchen

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Cooling System Mounted To A Wall/Window

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 3 / G
  • Tax Tract Number 431001
  • Assessor Parcel Number 8517007003
  • $691 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1933

Lot Details

0

Listing Details

  • Structure Type: Duplex
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: MORM*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8517007003
  • Year Built: 1933
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1400.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 5
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 5
  • Price Per Square Foot: 571.43
  • Room Type: All Bedrooms Down

Exterior Features

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

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen, Outside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7993.00
  • Lot Size Acres: 0.1835

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7993.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Block: G
  • Tax Census Tract: 4310.04
  • Tax Lot: 3
  • Tax Tract Number: 431001
  • TaxOtherAnnualAssessmentAmount: 691.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 17, 2023
Sold by
D & V Venture Holdings Llc
Bought by
Nguyen Duy and Nguyen Vanessa
Current Estimated Value
$1,183,709

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$715,000
Outstanding Balance
$697,689
Interest Rate
6.71%
Mortgage Type
New Conventional
Estimated Equity
$486,020

Purchase Details

Listed on
Nov 29, 2022
Closed on
Apr 10, 2023
Sold by
Journey Investments Inc
Bought by
D & V Venture Holdings Llc
Seller's Agent
Lysette Soto
Tower Agency
Buyer's Agent
ALEXANDRA VALDEZ-RAZO
VIP Loans and Real Estate
List Price
$1,000,888
Sold Price
$800,000
Premium/Discount to List
-$200,888
-20.07%
Views
171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
15.87%
Original Mortgage
$692,198
Interest Rate
5.89%
Mortgage Type
Construction

Purchase Details

Listed on
Nov 29, 2022
Closed on
Mar 2, 2023
Sold by
Soto Sergio E and Soto Lysette
Bought by
Journey Investments Inc
Seller's Agent
Lysette Soto
Tower Agency
Buyer's Agent
ALEXANDRA VALDEZ-RAZO
VIP Loans and Real Estate
List Price
$1,000,888
Sold Price
$800,000
Premium/Discount to List
-$200,888
-20.07%
Views
171

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$692,198
Interest Rate
5.89%
Mortgage Type
Construction

Purchase Details

Closed on
Sep 17, 2012
Sold by
Soto Sergio Enrique and The Raquel Soto Colchado Revoc
Bought by
Soto Sergio E and Soto Lysette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
3.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2011
Sold by
Soto Sergio E and Raquel Soto Colchado Trust
Bought by
Soto Sergio E
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

Date Buyer Sale Price Title Company
Nguyen Duy -- Wfg National Title
D & V Venture Holdings Llc $815,000 First American Title
Journey Investments Inc $772,727 First American Title
Soto Sergio E -- Chicago Title Company
Soto Sergio E -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Duy $715,000
Previous Owner D & V Venture Holdings Llc $692,198
Previous Owner Soto Sergio E $50,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/12/2023 04/12/23 Sold $800,000 -12.1% $571 / Sq Ft
02/21/2023 02/21/23 Pending -- -- --
02/09/2023 02/09/23 Price Changed $910,000 -9.1% $650 / Sq Ft
11/29/2022 11/29/22 For Sale $1,000,888 -- $715 / 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 $11,348 $846,600 $489,600 $357,000
2024 $11,348 $830,000 $480,000 $350,000
2023 $1,946 $104,578 $67,142 $37,436
2022 $1,898 $102,528 $65,826 $36,702
2021 $1,858 $100,519 $64,536 $35,983
2020 $1,817 $99,490 $63,875 $35,615
2019 $1,790 $97,540 $62,623 $34,917
2018 $1,708 $95,629 $61,396 $34,233
2016 $1,640 $91,917 $59,013 $32,904
2015 $1,609 $90,537 $58,127 $32,410
2014 -- $88,765 $56,989 $31,776
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV22247915

California Regional Multiple Listing Service (CRMLS)

APN: 8517-007-003