M
Seller's Agent in 2022
Mary Rosales
Berkshire Hathaway Golden Prop
524 W Lemon Ave Monrovia, CA 91016
Estimated Value: $1,103,000 - $1,219,000
6
Beds
2
Baths
1,944
Sq Ft
$603/Sq Ft
Est. Value
Highlights
- All Bedrooms Downstairs
- Granite Countertops
- Two Homes on a Lot
- Monrovia High School Rated A
- No HOA
- 4-minute walk to Lucinda Garcia Park
About This Home
As of November 2022Located in Beautiful North Monrovia, close to Old Town Monrovia, this property has 2 separate houses with plenty of parking. The Front House is currently occupied and is a spacious 4 bedroom 1 bath house which was remodeled in 2019. This front house has laminated floors, tile floors in Kitchen, Central A/C and heat, its own private fenced yard, inside Laundry Room and Carport for 2 cars. The Rear House has 2 bedrooms 1 bath and is newly remodeled and ready to move-in. New Kitchen Cabinets with Granite Counter top, Inside Laundry, New Vinyl Floors in Kitchen and Bath, New Carpet and Paint throughout house, new mini-blinds on windows, Central A/C and Heat, and new copper plumbing. It has a large front porch area to sit and relax, as well as its own Covered Patio Area with Fruit Trees. There is a large Carport for 2 cars as well as a Separate large one car garage. There is a 240 volt/50 amp EV charging plug already installed in carport for your EV Vehicle. Live in one and rent out the other or lease them both! Rent for front house is low, only $2400. Could be $3000.00 or more since 4 bedroom. Back house can be $2000 or more so potential rent could be $5000 per month. This beautifully remodeled property is hard to find in such a terrific area! Close to stores, schools, restaurants and the Metro-Gold Line! Don't miss this opportunity!
Please, do not disturb occupants in Front House or walk onto property without appointment with Listing Agent.
Last Agent to Sell the Property
Mary Rosales
Berkshire Hathaway Golden Prop License #01215173 Listed on: 08/09/2022
Last Buyer's Agent
Liz Orzame
Master's Real Estate License #00893870
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1962
Lot Details
- 7,592 Sq Ft Lot
- No Common Walls
Parking
- 2 Open Parking Spaces
- 1 Car Garage
- 4 Attached Carport Spaces
- Parking Available
- Single Garage Door
- Driveway
- Assigned Parking
Home Design
- Duplex
- Raised Foundation
- Slab Foundation
- Partial Copper Plumbing
- Stucco
Interior Spaces
- 1,944 Sq Ft Home
- Living Room
Kitchen
- Range Hood
- Granite Countertops
Flooring
- Carpet
- Laminate
- Tile
- Vinyl
Bedrooms and Bathrooms
- 6 Bedrooms
- All Bedrooms Down
- 2 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Forced Air Heating and Cooling System
- 220 Volts
- Natural Gas Connected
- Water Heater
- Sewer Paid
Additional Features
- Exterior Lighting
- Two Homes on a Lot
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Tax Lot 8
- Tax Tract Number 2
- Assessor Parcel Number 8505017001
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
- Foothills
Recreation
- Park
- Dog Park
- Bike Trail
Building Details
- 1 Leased Unit
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 2 Separate Water Meters
- Gardener Expense $1,200
- Insurance Expense $1,170
- Trash Expense $936
- New Taxes Expense $6,651
- Operating Expense $10,567
- Gross Income $60,000
- Net Operating Income $49,433
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Apr 16, 2024
Sold by
Bought by
Current Estimated Value
Purchase Details
Listed on
Aug 9, 2022
Closed on
Nov 7, 2022
Sold by
Bought by
Seller's Agent
Mary Rosales
Berkshire Hathaway Golden Prop
Buyer's Agent
Liz Orzame
Master's Real Estate
List Price
$1,249,000
Sold Price
$1,089,800
Premium/Discount to List
-$159,200
-12.75%
Views
8
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.06%
Original Mortgage
$817,350
Interest Rate
6.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 5, 2016
Sold by
Bought by
Purchase Details
Closed on
Jun 4, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.14%
Mortgage Type
New Conventional
Purchase Details
Closed on
May 1, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.14%
Mortgage Type
New Conventional
Purchase Details
Closed on
Apr 10, 2007
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.14%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jan 13, 2005
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.74%
Mortgage Type
New Conventional
Purchase Details
Closed on
Dec 15, 2004
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
5.74%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 15, 2003
Sold by
Bought by
Purchase Details
Closed on
Sep 3, 2002
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,000
Interest Rate
6.22%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | None Listed On Document | ||
| $1,090,000 | Fidelity National Title | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | Home Connects Title | ||
| -- | None Available | ||
| -- | -- | ||
| -- | Commonwealth Land Title | ||
| -- | -- | ||
| $365,000 | Commerce Title Company |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | $817,350 | ||
| Previous Owner | $417,000 | ||
| Previous Owner | $320,000 | ||
| Previous Owner | $265,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/09/2022 11/09/22 | Sold | $1,089,800 | -0.9% | $561 / Sq Ft |
| 10/04/2022 10/04/22 | Pending | -- | -- | -- |
| 08/19/2022 08/19/22 | Price Changed | $1,100,000 | -11.9% | $566 / Sq Ft |
| 08/09/2022 08/09/22 | For Sale | $1,249,000 | 0.0% | $642 / Sq Ft |
| 03/13/2019 03/13/19 | Rented | $2,400 | 0.0% | -- |
| 02/20/2019 02/20/19 | For Rent | $2,400 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $15,435 | $1,134,035 | $793,825 | $340,210 |
| 2024 | $15,090 | $1,111,800 | $778,260 | $333,540 |
| 2023 | $14,744 | $1,090,000 | $763,000 | $327,000 |
| 2022 | $7,111 | $498,130 | $191,061 | $307,069 |
| 2021 | $6,970 | $488,364 | $187,315 | $301,049 |
| 2020 | $6,766 | $483,358 | $185,395 | $297,963 |
| 2019 | $6,651 | $473,881 | $181,760 | $292,121 |
| 2018 | $6,422 | $464,591 | $178,197 | $286,394 |
| 2016 | $6,172 | $446,552 | $171,278 | $275,274 |
| 2015 | $6,040 | $439,846 | $168,706 | $271,140 |
| 2014 | $5,985 | $431,231 | $165,402 | $265,829 |
Source: Public Records
Agents Affiliated with this Home
-
-
L
Buyer's Agent in 2022
Liz Orzame
Master's Real Estate
-
Patrick McGinley
Seller's Agent in 2019
Patrick McGinley
Berkshire Hathaway Home Services Golden Properties
(626) 797-7622
23 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR22174432
APN: 8505-017-001
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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