NOT LISTED FOR SALE

518 King St Monrovia, CA 91016

Estimated Value: $928,000 - $1,128,621

3 Beds
2 Baths
1,380 Sq Ft
$733/Sq Ft Est. Value

Last Sold October 18, 2023

Last sale price $860,000 $623 Per Sq Ft

Est. 18% increase in value since last sale

Current estimated payment $6,372/month

17 Days on Market

Highlights

  • Private Yard
  • No HOA
  • Beamed Ceilings
  • Monrovia High School Rated A
  • Neighborhood Views
  • Tile Countertops

About This Home

As of October 2023

This charming Monrovia property has 2 separate houses on a 7,091 square foot lot, offering a total of 1,380 square feet of living space. The front house has an expansive welcoming front porch surrounded by lush plants and shrubs. The front door opens to the living room with a row of wood windows, beamed ceiling, picture rail molding and a decorative fireplace with wood detailing. The kitchen comes with all of the appliances and has wood cabinets, tile countertops, tile flooring, pantry, ample storage space and an open eating area with a built-in, glass-front corner hutch. Other amenities include central air and heat, ceiling fan, linen closet, large walk-in storage closet, and a total of 2 spacious bedrooms and 1 full bathroom. The outdoor space for the front house includes a large front yard and a private, fully enclosed rear yard with a mature citrus tree. The cozy back house has 1 bedroom and 1 bathroom, and offers an enclosed front yard and a private side patio. The property is centrally located on a wonderful tree-lined street among handsome vintage homes and is close to shopping, markets and restaurants.

Last Agent to Sell the Property

Margaret Garemore

Seven Gables Real Estate License #01224802 Listed on: 06/03/2023

Seven Gables Real Estate

Last Buyer's Agent

Glenn Burton

HIllcrest Real Estate Experts Professionals License #00836785

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,755

Year Built

  • Built in 1923

Lot Details

  • 7,091 Sq Ft Lot
  • No Common Walls
  • Wood Fence
  • Level Lot
  • Private Yard
  • Lawn
  • Garden
  • Back and Front Yard

Home Design

  • Duplex
  • Bungalow
  • Entry on the 1st floor
  • Raised Foundation
  • Slab Foundation
  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,380 Sq Ft Home
  • 1-Story Property
  • Beamed Ceilings
  • Ceiling Fan
  • Decorative Fireplace
  • Window Screens
  • Sliding Doors
  • Living Room with Fireplace
  • Neighborhood Views

Kitchen

  • Gas Cooktop
  • Dishwasher
  • Tile Countertops
  • Disposal

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 2 Open Parking Spaces
  • 2 Parking Spaces
  • Parking Available
  • Driveway

Accessible Home Design

  • No Interior Steps

Utilities

  • Forced Air Heating and Cooling System
  • Natural Gas Connected
  • Water Heater
  • Cable TV Available

Listing and Financial Details

  • Legal Lot and Block 5 / B
  • Tax Tract Number 861
  • Assessor Parcel Number 8506019005

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,755

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Inclusions: Refrigerator, dishwasher, washer and dryer.
  • Other Phone Description: 626-483-4611
  • Price Per Unit: 437500
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: MORM*
  • Architectural Style: Bungalow
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 8506019005
  • Year Built: 1923
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Beamed Ceilings, Ceiling Fan(s), Tile Counters, Unfurnished
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Accessibility Features: No Interior Steps
  • Appliances: Yes
  • Door Features: Sliding Doors
  • Entry Level: 1
  • Fireplace Features: Living Room, Decorative
  • Levels: One
  • Price Per Square Foot: 623.19
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom
  • Window Features: Screens

Exterior Features

  • Foundation: Raised, Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Cooktop, Refrigerator, Water Heater
  • Electric: Standard
  • Heating Type: Central, Forced Air
  • 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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Lawn, Level with Street, Yard
  • Lot Size Sq Ft: 7091.00
  • Lot Size Acres: 0.1628

Multi Family

  • Average1 Bed Area: 356 Square Feet
  • Average2 Bed Area: 1024 Square Feet
  • Lot Size Area: 7091.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Block: B
  • Tax Census Tract: 4309.01
  • Tax Lot: 5
  • Tax Tract Number: 861

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 29, 2024
Sold by
Karatzas Christina
Bought by
Karatzas Christina and Kritikos Kostantinos
Current Estimated Value
$1,012,155

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Outstanding Balance
$416,247
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$587,615

Purchase Details

Closed on
Feb 3, 2014
Sold by
Tansavatdi Betty
Bought by
Tansavatdi Betty R and Tansavatdi Family Trust

Purchase Details

Closed on
Aug 25, 2010
Sold by
Bingham John R and Bingham Cheryl L
Bought by
Tansavatdi Sammy and Tansavatdi Betty
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
Karatzas Christina -- First American Title Company
Karatzas Christina -- First American Title Company
Tansavatdi Betty R -- None Available
Tansavatdi Sammy $380,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karatzas Christina $420,000
Closed Karatzas Christina $420,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2023 10/18/23 Sold $860,000 -1.7% $623 / Sq Ft
06/20/2023 06/20/23 Pending -- -- --
06/03/2023 06/03/23 For Sale $875,000 -- $634 / 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 $11,755 $877,200 $489,600 $387,600
2024 $11,755 $860,000 $480,000 $380,000
2023 $6,696 $467,930 $369,422 $98,508
2022 $6,506 $458,756 $362,179 $96,577
2021 $6,379 $449,762 $355,078 $94,684
2020 $6,192 $445,152 $351,438 $93,714
2019 $6,086 $436,425 $344,548 $91,877
2018 $5,933 $427,869 $337,793 $90,076
2016 $5,708 $411,256 $324,677 $86,579
2015 $5,585 $405,080 $319,801 $85,279
2014 $5,536 $397,146 $313,537 $83,609
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR23024337

California Regional Multiple Listing Service (CRMLS)

APN: 8506-019-005