NOT LISTED FOR SALE

518 E Olive Ave Monrovia, CA 91016

Estimated Value: $940,000 - $2,087,000

3 Beds
2 Baths
1,434 Sq Ft
$1,118/Sq Ft Est. Value

Last Sold November 28, 2017

Last sale price $880,000 $614 Per Sq Ft

Est. 82% increase in value since last sale

Current estimated payment $11,351/month

58 Days on Market

Highlights

  • No HOA
  • Living Room
  • Landscaped
  • Clifton Middle School Rated A-
  • Laundry Room
  • 4-minute walk to Recreation Park

About This Home

As of November 2017

Hard to find lot. 13,214 sqft lot and 1,434 sqft house. Can build 4-5 PUD's or can build home in the back of existing property.

Last Agent to Sell the Property

Michael Reynoso

COLDWELL BANKER DYNASTY/TC License #00468322 Listed on: 08/07/2017

COLDWELL BANKER DYNASTY/TC

Last Buyer's Agent

Steve Hang

COLDWELL BANKER DYNASTY/ARC License #01260352

COLDWELL BANKER DYNASTY/ARC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $31,360

Year Built

  • Built in 1952

Lot Details

  • 0.3 Acre Lot
  • Landscaped
  • Back and Front Yard

Parking

  • 2 Car Garage

Interior Spaces

  • 1,434 Sq Ft Home
  • 1-Story Property
  • Living Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 11
  • Tax Tract Number 6209
  • Assessor Parcel Number 8517013006

Home Details

Home Type

Single Family

Est. Annual Taxes

$31,360

Year Built

Built in 1952

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8517013006
  • Year Built: 1952
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1434.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 613.67
  • Room Type: Kitchen, Living Room, Master Bathroom, Master Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen
  • 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
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped
  • Lot Size Sq Ft: 13214.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 11
  • Tax Tract Number: 6209

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 7, 2017
Closed on
Oct 23, 2017
Sold by
Olivas Rosemary Martinez
Bought by
Prospect Quality Llc
Seller's Agent
Michael Reynoso
COLDWELL BANKER DYNASTY/TC
Buyer's Agent
Steve Hang
COLDWELL BANKER DYNASTY/ARC
List Price
$850,000
Sold Price
$880,000
Premium/Discount to List
$30,000
3.53%
Current Estimated Value
$1,603,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$723,667
Avg. Annual Appreciation
9.43%

Purchase Details

Closed on
Oct 28, 1994
Sold by
Martinez Tony P
Bought by
Martinez Tony P and Martinez Rosie Z
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Prospect Quality Llc $880,000 Stewart Title
Martinez Tony P -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/28/2017 11/28/17 Sold $880,000 -2.1% $614 / Sq Ft
10/04/2017 10/04/17 Pending -- -- --
09/26/2017 09/26/17 Price Changed $899,000 -5.4% $627 / Sq Ft
08/08/2017 08/08/17 Price Changed $950,000 +11.8% $662 / Sq Ft
08/07/2017 08/07/17 For Sale $850,000 -- $593 / 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 $31,360 $2,408,741 $1,001,288 $1,407,453
2024 $31,360 $2,361,511 $981,655 $1,379,856
2023 $30,633 $2,315,207 $962,407 $1,352,800
2022 $23,760 $1,819,537 $943,537 $876,000
2021 $12,452 $925,036 $740,029 $185,007
2019 $11,726 $897,600 $718,080 $179,520
2018 $11,424 $880,000 $704,000 $176,000
2017 $1,209 $63,745 $27,436 $36,309
2016 $1,170 $62,497 $26,899 $35,598
2015 $1,148 $61,559 $26,495 $35,064
2014 $1,149 $60,354 $25,976 $34,378
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS17181931

California Regional Multiple Listing Service (CRMLS)

APN: 8517-013-006