NOT LISTED FOR SALE

524 Franklin Place Monrovia, CA 91016

Estimated Value: $1,500,323 - $1,703,000

3 Beds
3 Baths
2,270 Sq Ft
$692/Sq Ft Est. Value

Last Sold June 11, 2021

Last sale price $1,198,000 $528 Per Sq Ft

Est. 31% increase in value since last sale

Current estimated payment $9,710/month

22 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Updated Kitchen
  • Mayflower Elementary School Rated A
  • View of Trees or Woods
  • Open Floorplan

About This Home

As of June 2021

Nestled in the foothills of Monrovia, this desirable home located at the end of a cul-de-sac offers tranquility and privacy with 3 bedrooms and 3 baths. It is a home of the ages and a perfect WFH home with lots of room, yet connected for a great family life. The interior offers a spacious living room, family room, and dining room with hardwood floors, plantation shutters, recessed lighting, and fireplace. Cook in the gourmet remodeled kitchen with modern white cabinetry, single bowl sink, new countertops and designer tile backsplash, stainless steel appliance package including built-in gas cooktop with hood, double wall oven, built-in microwave, dishwasher, and French door refrigerator. Relax in the main floor master bedroom with a brand new bath including dual vanity, walk-in glass shower, porcelain tile flooring, and skylight. A secondary bedroom on the same floor also enjoys a brand new bath including a tub with rolling glass doors, porcelain tile throughout, and skylight. Enjoy the outdoor backyard retreat including covered patio, pool, outdoor bbq station with sink and refrigerator, fire pit, lush landscaping, and storage shed. Convenient 2-car garage with separate roll-up doors and long driveway for ample parking. Close proximity to hiking trails and all that the San Gabriel Valley has to offer including major shopping, dining, and recreation destinations.

Last Agent to Sell the Property

Michael Bell

Sotheby's International Realty, Inc. License #01164731 Listed on: 04/17/2021

Sotheby's International Realty, Inc.

Last Buyer's Agent

Sarkis Aleksanian

COMPASS License #01214017

COMPASS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $16,853

Year Built

  • Built in 1980 | Remodeled

Lot Details

  • 7,739 Sq Ft Lot
  • Wood Fence
  • Landscaped
  • Gentle Sloping Lot
  • Sprinklers on Timer
  • Garden
  • Back and Front Yard

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Two Garage Doors
  • Driveway

Property Views

  • Woods
  • Canyon
  • Mountain
  • Hills
  • Neighborhood

Home Design

  • Traditional Architecture
  • Turnkey
  • Tile Roof
  • Stucco

Interior Spaces

  • 2,270 Sq Ft Home
  • 2-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Plantation Shutters
  • Entryway
  • Family Room with Fireplace
  • Great Room
  • Family Room Off Kitchen
  • Living Room
  • Dining Room
  • Storage

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Open to Family Room
  • Eat-In Kitchen
  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Termite Clearance

Outdoor Features

  • In Ground Pool
  • Balcony
  • Covered Patio or Porch
  • Terrace
  • Exterior Lighting
  • Shed
  • Outdoor Grill
  • Rain Gutters

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Underground Utilities
  • Natural Gas Connected
  • Water Heater
  • Sewer Paid
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 430301
  • Assessor Parcel Number 8503017005

Community Details

Overview

  • Foothills
  • Mountainous Community

Recreation

  • Hiking Trails
  • Bike Trail

Home Details

Home Type

Single Family

Est. Annual Taxes

$16,853

Year Built

Built in 1980 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Privately Maintained, Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Not Applicable
  • View: Yes
  • Architectural Style: Traditional
  • Property Condition: Termite Clearance, Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8503017005
  • Year Built: 1980
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2270.00 Square Feet
  • Interior Amenities: Balcony, Granite Counters, Open Floorplan, Recessed Lighting, Storage, Unfurnished
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Area, Breakfast Nook, Dining Room, In Kitchen
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 527.75
  • Room Type: Entry, Family Room, Great Room, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite
  • Window Features: Plantation Shutters
  • Bathroom Features: Bathtub, Double Sinks In Master Bath, Exhaust Fan(s), Linen Closet/Storage, Remodeled, Shower, Upgraded, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Open To Family Room, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Other Structures: Shed(s)
  • Exterior Features: Lighting, Rain Gutters
  • View: Canyon, Hills, Mountain(s), Neighborhood, Trees/Woods
  • Fence: Yes
  • Fencing: Wood
  • Patio And Porch Features: Covered, Patio, Patio Open, Terrace
  • Pool Features: In Ground
  • Pool Private: No
  • Roof: Tile
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage - Two Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Barbecue, Dishwasher, Double Oven, Gas Cooktop, Microwave, Range Hood, Refrigerator, Water Heater, Water Line to Refrigerator
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, Individual Room, Inside, Washer Hookup
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Foothills, Hiking, Mountainous, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Garden, Gentle Sloping, Landscaped, Sprinkler System, Sprinklers Timer
  • Lot Size Sq Ft: 7739.00
  • Lot Size Acres: 0.1800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7739.0000 Square Feet

Tax Info

  • Tax Lot: 15
  • Tax Tract Number: 430301

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 13, 2024
Sold by
Boulton Matthew P and Boulton Edith
Bought by
Matthew And Edith Boulton Living Trust and Boulton
Current Estimated Value
$1,571,331

Purchase Details

Listed on
Apr 17, 2021
Closed on
May 18, 2021
Sold by
Team M Trust and Melendes Melissa Ann
Bought by
Boulton Matthew P and Boulton Edith
Seller's Agent
Michael Bell
Sotheby's International Realty, Inc.
Buyer's Agent
Sarkis Aleksanian
COMPASS
List Price
$1,150,000
Sold Price
$1,198,000
Premium/Discount to List
$48,000
4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.40%
Original Mortgage
$765,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 9, 2014
Sold by
Melendes Robert
Bought by
Team M Trust

Purchase Details

Closed on
Dec 20, 2011
Sold by
Haut John N
Bought by
Melendes Robert and Melendes Melissa A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$655,955
Interest Rate
3.94%
Mortgage Type
VA

Purchase Details

Closed on
Mar 2, 2004
Sold by
Hermitage Investment Llc
Bought by
Haut John N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$519,900
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 6, 2003
Sold by
Utuk Agustine
Bought by
Hermitage Inv Llc

Purchase Details

Closed on
Aug 3, 2000
Sold by
Akpan Essien Job
Bought by
Williams Jennifer L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,600
Interest Rate
9.79%

Purchase Details

Closed on
Jul 27, 2000
Sold by
Williams Jennifer L
Bought by
Utuk Agustine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$349,600
Interest Rate
9.79%

Purchase Details

Closed on
Jan 6, 2000
Sold by
Akpan Essien Job
Bought by
Williams Jennifer L

Purchase Details

Closed on
Apr 14, 1999
Sold by
James Aniefiok N and James Declaration O Aniefiok N
Bought by
Akpan Essien Job

Purchase Details

Closed on
Apr 28, 1998
Sold by
Akpan Essien J and Akpan Essien Joe
Bought by
James Aniefiok N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 27, 1998
Sold by
James Aniefiok N
Bought by
James Aniefiok N and Aniefiok N James Declaration Of Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 1998
Sold by
Torres Robert M and Torres Barbara L
Bought by
Akpan Essien Job

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 15, 1995
Sold by
Ybarra Richard and Ybarra Esther M
Bought by
Ybarra Richard and Ybarra Esther M
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
Matthew And Edith Boulton Living Trust -- None Listed On Document
Boulton Matthew P $1,198,000 Fidelity National Title
Team M Trust -- None Available
Melendes Robert $635,000 North American Title Company
Haut John N $650,000 Chicago Title Co
Hermitage Inv Llc $469,100 --
Williams Jennifer L -- New Century Title Company
Utuk Agustine $368,000 New Century Title Company
Williams Jennifer L -- --
Akpan Essien Job -- --
James Aniefiok N -- --
James Aniefiok N -- --
Akpan Essien Job $307,000 American Title Co
Ybarra Richard $4,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Boulton Matthew P $765,000
Previous Owner Melendes Robert $655,955
Previous Owner Haut John N $519,900
Previous Owner Utuk Agustine $349,600
Previous Owner Akpan Essien Job $276,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/11/2021 06/11/21 Sold $1,198,000 +4.2% $528 / Sq Ft
05/09/2021 05/09/21 Pending -- -- --
04/17/2021 04/17/21 For Sale $1,150,000 -- $507 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $16,853 $1,296,751 $911,190 $385,561
2024 $16,853 $1,271,325 $893,324 $378,001
2023 $16,460 $1,246,398 $875,808 $370,590
2022 $15,974 $1,221,960 $858,636 $363,324
2021 $9,832 $736,847 $456,730 $280,117
2020 $9,528 $729,292 $452,047 $277,245
2019 $9,358 $714,993 $443,184 $271,809
2018 $9,130 $700,975 $434,495 $266,480
2016 $8,770 $673,757 $417,624 $256,133
2015 $8,577 $663,637 $411,351 $252,286
2014 $8,485 $650,639 $403,294 $247,345
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-4267

Pasadena-Foothills Association of REALTORS®

APN: 8503-017-005