NOT LISTED FOR SALE

524 W Lime Ave Monrovia, CA 91016

Estimated Value: $1,014,373 - $1,140,000

2 Beds
2 Baths
1,254 Sq Ft
$847/Sq Ft Est. Value

Last Sold March 31, 2020

Last sale price $752,000 $600 Per Sq Ft

Est. 41% increase in value since last sale

Current estimated payment $6,468/month

Highlights

  • Craftsman Architecture
  • Deck
  • Breakfast Area or Nook
  • Monrovia High School Rated A
  • Wood Flooring
  • Bathtub with Shower

About This Home

As of March 2020

Relax on the front porch of this delightful Craftsman home built in 1912. Cozy up to the fireplace in the living room that boasts original wood flooring while natural light fills the room. The updated kitchen has a breakfast area and a vintage Wedgewood stove. The large dining room flows to the spacious family room with wood flooring, high ceiling, a dedicated office or craft area, and a wall of windows offering views of and access to the backyard. There are two bathrooms one of which is brand new and the other has been updated. A full length deck with a cabana is perfect for outdoor dining with family and friends and also features a rejuvenating spa! A private and lushly landscaped backyard is complete with citrus and avocado trees, offers an adorable storage or garden shed and the yard is completely fenced. There is a tranquil Zen garden on the side of the home. The over-sized two car garage with a dedicated 220 outlet will delight any woodworker or car buff. There is copper plumbing, new water heater as of 2018 and the seller has the original building plans! Don't wait to preview this adorable home!

Last Agent to Sell the Property

Reni Rose

Berkshire Hathaway HomeServices California Properties License #00975915 Listed on: 02/21/2020

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,922

Year Built

  • Built in 1912 | Remodeled

Lot Details

  • 7,451 Sq Ft Lot
  • Sprinklers on Timer
  • Property is zoned MORM*

Parking

  • 2 Car Garage

Home Design

  • Craftsman Architecture
  • Raised Foundation
  • Wood Siding

Interior Spaces

  • 1,254 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Separate Family Room
  • Living Room with Fireplace

Kitchen

  • Breakfast Area or Nook
  • Gas Range
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Deck
  • Patio

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 8505016007

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,922

Year Built

Built in 1912 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: MORM*
  • Architectural Style: Craftsman
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8505016007
  • Year Built: 1912
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1254.00
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Breakfast Nook
  • Fireplace Features: Living Room, Wood Burning
  • Levels: Two
  • Price Per Square Foot: 599.68
  • Room Type: Living Room, Separate Family Room
  • Bathroom Features: Shower In Tub

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Patio And Porch Features: Deck
  • Construction Materials: Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Range, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Dryer Included, Individual Room, Washer Included
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers Timer
  • Lot Size Sq Ft: 7451.00
  • Lot Size Acres: 0.1700

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7451.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 21, 2020
Closed on
Mar 12, 2020
Sold by
Babb Paul Marvin and Babb Patricia Anne
Bought by
Pennick Michael Paul and Wang Jessica
Seller's Agent
Reni Rose
Berkshire Hathaway HomeServices California Properties
List Price
$748,000
Sold Price
$752,000
Premium/Discount to List
$4,000
0.53%
Current Estimated Value
$1,061,843

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$309,843
Avg. Annual Appreciation
6.38%
Original Mortgage
$714,400
Outstanding Balance
$631,497
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$430,346

Purchase Details

Closed on
Nov 22, 2010
Sold by
Dorrington Terri L
Bought by
Babb Paul Marvin and Babb Patricia Anne

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$350,000
Interest Rate
4.16%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2000
Sold by
Alexander Alexis D
Bought by
Dorrington Terri L and Scott Linda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$199,000
Interest Rate
8.11%

Purchase Details

Closed on
Feb 13, 1997
Sold by
Greaves Betsy A
Bought by
Alexander Alexis D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,000
Interest Rate
7.74%
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
Pennick Michael Paul $752,000 Lawyers Title Company
Babb Paul Marvin $475,000 Lawyers Title
Dorrington Terri L $224,000 Equity Title Company
Alexander Alexis D $160,000 Title Land Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pennick Michael Paul $714,400
Previous Owner Babb Paul Marvin $350,000
Previous Owner Dorrington Terri L $199,000
Previous Owner Alexander Alexis D $139,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/31/2020 03/31/20 Sold $752,000 +0.5% $600 / Sq Ft
03/01/2020 03/01/20 Pending -- -- --
02/21/2020 02/21/20 For Sale $748,000 -- $596 / 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 $10,922 $822,418 $617,799 $204,619
2024 $10,922 $806,293 $605,686 $200,607
2023 $10,670 $790,484 $593,810 $196,674
2022 $10,358 $774,985 $582,167 $192,818
2021 $10,918 $759,790 $570,752 $189,038
2020 $4,277 $307,738 $123,133 $184,605
2019 $4,253 $301,705 $120,719 $180,986
2018 $4,053 $295,790 $118,352 $177,438
2016 $3,892 $284,306 $113,757 $170,549
2015 $3,808 $280,037 $112,049 $167,988
2014 $3,773 $274,553 $109,855 $164,698
Source: Public Records

Agents Affiliated with this Home

  • Reni Rose

    Seller's Agent in 2020

    Reni Rose

    Berkshire Hathaway HomeServices California Properties

    (626) 437-6000

    5 in this area

    98 Total Sales

    Reni Rose
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-820000720

Pasadena-Foothills Association of REALTORS®

APN: 8505-016-007

California Los Angeles County Monrovia 91016

524 W Lime Ave, Monrovia, CA

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