NOT LISTED FOR SALE

524 E Lime Ave Monrovia, CA 91016

Estimated Value: $988,350 - $1,139,000

2 Beds
1 Bath
1,188 Sq Ft
$886/Sq Ft Est. Value

Last Sold August 25, 2020

Last sale price $720,000 $606 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $6,381/month

11 Days on Market

Highlights

  • Updated Kitchen
  • Mountain View
  • Wood Flooring
  • Clifton Middle School Rated A-
  • Deck
  • 3-minute walk to Rotary Park

About This Home

As of August 2020

Welcome to this gorgeous cottage bungalow nestled in an excellent area of Monrovia! Great curb appeal with a storybook front entrance. Lots of natural light, hardwood floors and spacious rooms. This beautiful home features central air and heat as well as dual pane windows. The kitchen and bathroom are tastefully updated and well integrated with the character of the home. Enjoy the serene and private rear patio deck which is great for entertaining. Expansive lot, detached 2 car garage with RV pad and alley access, and option to add another unit of 1200 sqare feet and 4 car garage. Please check the supplement. Close to Myrtle Ave, downtown shops, parks, restaurants, movie theater and the farmer's market.

Last Agent to Sell the Property

Gloria Kwang

Coldwell Banker George Realty License #01865818 Listed on: 07/07/2020

Coldwell Banker George Realty

Last Buyer's Agent

Michael Wu

Coldwell Banker Realty License #02101732

Coldwell Banker Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1895

Lot Details

  • 7,991 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Level Lot
  • Front Yard Sprinklers
  • Garden
  • Back and Front Yard
  • Property is zoned MORM*

Parking

  • 2 Car Garage
  • Parking Available
  • Rear-Facing Garage
  • Two Garage Doors

Home Design

  • Turnkey
  • Shingle Roof
  • Copper Plumbing

Interior Spaces

  • 1,188 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Living Room
  • Mountain Views

Kitchen

  • Updated Kitchen
  • Gas Cooktop

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • Balcony
  • Deck
  • Patio
  • Rear Porch

Schools

  • Monrovia High School

Utilities

  • Central Heating and Cooling System
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 2 / G
  • Assessor Parcel Number 8517007002

Home Details

Home Type

Single Family

Year Built

Built in 1895

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Zoning: MORM*
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8517007002
  • Year Built: 1895
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1188.00 Square Feet
  • Interior Amenities: Balcony, Ceiling Fan(s), Copper Plumbing Full
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 606.06
  • Room Type: All Bedrooms Down, Kitchen, Living Room
  • Window Features: Double Pane Windows
  • Bathroom Features: Shower
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Deck, Rear Porch
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Central
  • Laundry Features: Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • High School: Monrovia
  • High School2: MONROV

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Landscaped, Level, Sprinklers In Front
  • 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 In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Block: G
  • Tax Census Tract: 4310.01
  • Tax Lot: 2
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 1, 2024
Sold by
Wu Stephen K and Wu Tiffany
Bought by
Wu Stephen K and Wu Tiffany
Current Estimated Value
$1,052,838

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Outstanding Balance
$148,165
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$904,673

Purchase Details

Listed on
Jul 7, 2020
Closed on
Aug 13, 2020
Sold by
Fan Xinfang
Bought by
Wu Stephen K and Wu Tiffany
Seller's Agent
Gloria Kwang
Coldwell Banker George Realty
Buyer's Agent
Michael Wu
Coldwell Banker Realty
List Price
$730,000
Sold Price
$720,000
Premium/Discount to List
-$10,000
-1.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.36%
Original Mortgage
$504,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 7, 2020
Closed on
Aug 3, 2020
Sold by
Hsieh Tina
Bought by
Wu Stephen K
Seller's Agent
Gloria Kwang
Coldwell Banker George Realty
Buyer's Agent
Michael Wu
Coldwell Banker Realty
List Price
$730,000
Sold Price
$720,000
Premium/Discount to List
-$10,000
-1.37%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$504,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Dec 11, 2018
Closed on
Mar 27, 2019
Sold by
The Long Family Trust
Bought by
Fan Xinfang and Zhao Youfen
Seller's Agent
Naveed Ahmed
Peninsula Estates Agency
Buyer's Agent
Gloria Kwang
Coldwell Banker George Realty
List Price
$665,000
Sold Price
$640,000
Premium/Discount to List
-$25,000
-3.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.98%
Original Mortgage
$352,000
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Listed on
Dec 11, 2018
Closed on
Mar 8, 2019
Sold by
Chen Changhuan
Bought by
Fan Xinfang
Seller's Agent
Naveed Ahmed
Peninsula Estates Agency
Buyer's Agent
Gloria Kwang
Coldwell Banker George Realty
List Price
$665,000
Sold Price
$640,000
Premium/Discount to List
-$25,000
-3.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$352,000
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 23, 2014
Sold by
Morgan Javier E
Bought by
Long Fred Robert and Long Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
3.96%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Nov 4, 2013
Closed on
Jan 6, 2014
Sold by
Hollingsworth E Stephen
Bought by
Morgan Javier E and Morgan Doris L
Seller's Agent
JOY LYN CAROTHERS
CAROTHERS & ASSOCIATES
Buyer's Agent
Naveed Ahmed
Peninsula Estates Agency
List Price
$498,000
Sold Price
$480,000
Premium/Discount to List
-$18,000
-3.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.79%
Original Mortgage
$336,000
Interest Rate
2.72%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Jul 24, 2006
Sold by
Goco Romulo and Goco Rebecca Flores
Bought by
Hollingsworth E Stephen

Purchase Details

Closed on
Dec 29, 2003
Sold by
Barela James L and Barela Sandy L
Bought by
Goco Romulo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 18, 2001
Sold by
Guerra John Michael
Bought by
Barela James L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$176,000
Interest Rate
8.99%

Purchase Details

Closed on
Apr 22, 1996
Sold by
Guerra Lisa L
Bought by
Guerra John Michael
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wu Stephen K -- Chicago Title Company
Wu Stephen K $720,000 Ticor Title Company Of Ca
Wu Stephen K -- Ticor Title
Fan Xinfang $640,000 Priority Title
Fan Xinfang -- Priority Title
Long Fred Robert $480,000 Chicago Title
Morgan Javier E $480,000 Chicago Title Company
Hollingsworth E Stephen $595,000 Chicago Title Co
Goco Romulo $360,000 Old Republic Title Company
Barela James L $212,000 Benefit Land Title Company
Guerra John Michael -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Stephen K $150,000
Previous Owner Wu Stephen K $504,000
Previous Owner Fan Xinfang $352,000
Previous Owner Long Fred Robert $140,000
Previous Owner Morgan Javier E $336,000
Previous Owner Goco Romulo $288,000
Previous Owner Barela James L $176,000
Closed Goco Romulo $72,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/25/2020 08/25/20 Sold $720,000 0.0% $606 / Sq Ft
07/16/2020 07/16/20 Price Changed $720,000 -1.4% $606 / Sq Ft
07/07/2020 07/07/20 For Sale $730,000 +14.1% $614 / Sq Ft
04/12/2019 04/12/19 Sold $640,000 -3.8% $539 / Sq Ft View Prior Sale
02/25/2019 02/25/19 Pending -- -- --
01/21/2019 01/21/19 For Sale $665,000 0.0% $560 / Sq Ft
01/20/2019 01/20/19 Pending -- -- --
01/04/2019 01/04/19 For Sale $665,000 +3.9% $560 / Sq Ft
12/23/2018 12/23/18 Off Market $640,000 -- --
12/11/2018 12/11/18 For Sale $665,000 +38.5% $560 / Sq Ft
01/17/2014 01/17/14 Sold $480,000 -3.6% $404 / Sq Ft View Prior Sale
12/04/2013 12/04/13 Pending -- -- --
11/04/2013 11/04/13 For Sale $498,000 -- $419 / 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 $10,376 $970,149 $623,480 $346,669
2024 $10,376 $764,068 $611,255 $152,813
2023 $10,137 $749,087 $599,270 $149,817
2022 $9,841 $734,400 $587,520 $146,880
2021 $9,651 $720,000 $576,000 $144,000
2020 $8,615 $652,800 $522,240 $130,560
2019 $1,524 $517,147 $413,718 $103,429
2018 $6,760 $507,007 $405,606 $101,401
2016 $6,503 $487,320 $389,856 $97,464
2015 $6,361 $480,000 $384,000 $96,000
2014 -- $60,854 $16,975 $43,879
Source: Public Records

Agents Affiliated with this Home

  • G

    Seller's Agent in 2020

    Gloria Kwang

    Coldwell Banker George Realty

    Section Image

  • M

    Buyer's Agent in 2020

    Michael Wu

    Coldwell Banker Realty

    Section Image

  • N

    Seller's Agent in 2019

    Naveed Ahmed

    Peninsula Estates Agency

    (310) 541-6070

    Naveed Ahmed
    Section Image

  • J

    Seller's Agent in 2014

    JOY LYN CAROTHERS

    CAROTHERS & ASSOCIATES

    (626) 422-5144

    1 in this area

    6 Total Sales

    JOY LYN CAROTHERS
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR20132457

California Regional Multiple Listing Service (CRMLS)

APN: 8517-007-002

California Los Angeles County Monrovia 91016

524 E Lime Ave, Monrovia, CA

Not Listed for Sale

Detached

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