NOT LISTED FOR SALE

523 E Lemon Ave Monrovia, CA 91016

Estimated Value: $758,000 - $1,005,000

2 Beds
1 Bath
812 Sq Ft
$1,088/Sq Ft Est. Value

Last Sold February 09, 2021

Last sale price $675,000 $831 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $5,484/month

6 Days on Market

Highlights

  • No HOA
  • Front Porch
  • Bathtub with Shower
  • Clifton Middle School Rated A-
  • Cooling System Mounted To A Wall/Window
  • 3-minute walk to Rotary Park

About This Home

As of February 2021

Huge Lot (7991 sq. ft.) on tree lined street. Charming 1918 Bungalow with endless possibilities. Put your stamp on the existing single level fixer upper home, expand the existing home, develop your dream home or build multiple units. Check with Monrovia Planning Department for any questions regarding remodeling/additions or ADU possibilities. Large backyard with orange, grapefruit and lemon trees. Home is minutes from Old Town Monrovia, Myrtle Ave, Farmer’s Market, Library, Parks, Movie Theater and much more. Conveniently located near grocery stores, restaurants, shopping and 210 and 605 freeways. An excellent condo alternative. NO BLIND OFFERS.

Last Agent to Sell the Property

Emily Robinson

Keller Williams Realty Irvine License #01933143 Listed on: 12/24/2020

Keller Williams Realty Irvine

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,620

Year Built

  • Built in 1918

Lot Details

  • 7,991 Sq Ft Lot
  • Back and Front Yard

Home Design

  • Bungalow
  • Fixer Upper

Interior Spaces

  • 812 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry Located Outside

Parking

  • Parking Available
  • Driveway

Outdoor Features

  • Patio
  • Exterior Lighting
  • Front Porch

Utilities

  • Cooling System Mounted To A Wall/Window
  • Septic Type Unknown

Listing and Financial Details

  • Legal Lot and Block 13 / G
  • Tax Tract Number 6191
  • Assessor Parcel Number 8517007014

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,620

Year Built

Built in 1918

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: 3106991677
  • Other Phone Number: 3106991677
  • Property Attached: No
  • View: No
  • Architectural Style: Bungalow
  • Property Condition: Fixer
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8517007014
  • Year Built: 1918
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 812.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 831.28
  • Room Type: All Bedrooms Down, Kitchen, Living Room
  • Bathroom Features: Bathtub, Shower In Tub

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Front Porch
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Driveway

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Unknown
  • Water Source: Other
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Monrovia Unified

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 7991.00
  • Lot Size Acres: 0.1834

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7991.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: G
  • Tax Census Tract: 4310.01
  • Tax Lot: 13
  • Tax Tract Number: 6191

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 24, 2020
Closed on
Jan 16, 2021
Sold by
Milton A Holland Trust and Henning Johanna
Bought by
Larr William R and Larr Nancy B
Seller's Agent
Emily Robinson
Keller Williams Realty Irvine
List Price
$550,000
Sold Price
$675,000
Premium/Discount to List
$125,000
22.73%
Current Estimated Value
$883,195

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$208,195
Avg. Annual Appreciation
5.98%
Original Mortgage
$486,250
Outstanding Balance
$433,136
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$450,059

Purchase Details

Closed on
Sep 20, 2001
Sold by
Holland Milton A
Bought by
Holland Milton A and Milton A Holland Trust
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
Larr William R $675,000 Orange Coast Title
Holland Milton A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Larr William R $486,250
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2021 02/09/21 Sold $675,000 +22.7% $831 / Sq Ft
01/08/2021 01/08/21 Pending -- -- --
01/05/2021 01/05/21 For Sale $550,000 -18.5% $677 / Sq Ft
01/05/2021 01/05/21 Off Market $675,000 -- --
01/01/2021 01/01/21 For Sale $550,000 -- $677 / 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 $9,620 $730,641 $584,513 $146,128
2024 $9,620 $716,315 $573,052 $143,263
2023 $9,395 $702,270 $561,816 $140,454
2022 $9,119 $688,500 $550,800 $137,700
2021 $9,031 $675,000 $450,000 $225,000
2020 $968 $44,975 $26,691 $18,284
2019 $955 $44,094 $26,168 $17,926
2018 $899 $43,230 $25,655 $17,575
2016 $860 $41,553 $24,659 $16,894
2015 $843 $40,930 $24,289 $16,641
2014 $845 $40,130 $23,814 $16,316
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20246861

California Regional Multiple Listing Service (CRMLS)

APN: 8517-007-014