NOT LISTED FOR SALE

527 E Lemon Ave Monrovia, CA 91016

Monrovia Area

Estimated Value: $1,170,000 - $1,542,285

4 Beds
3 Baths
2,290 Sq Ft
$577/Sq Ft Est. Value

Sale Details

Date Sold: August 9, 2023

Last sale price $1,248,000 $545 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $8,740 / mo

4 Days on Market

Highlights

  • Mountain View
  • Hiking Trails
  • Foothills
  • Clifton Middle School Rated A-
  • Park
  • 3-minute walk to Recreation Park

About This Home

As of August 2023

This unique property has two charming separate homes on a large lot with their own yards, addresses and utility meters. This property is conveniently located close to shopping, restaurants, hiking & parks. Each house has its own laundry area. 527 E. Lemon is a beautiful 1264 SF 2 bed and 2 bath with lots of character and large porch to enjoy the outdoors. Second home is 419 Heliotrope and is 1026 SF, 2bed and 1 bath with a lovely rear porch. Detached 3 car garage

Last Agent to Sell the Property

Margarit Torgomyan

Berkshire Hathaway Home Services Golden Properties License #02066602 Listed on: 06/29/2023

Berkshire Hathaway Home Services Golden Properties

Co-Listed By

Frunz Hambarzumian

Berkshire Hathaway Home Services Golden Properties License #02098338

Last Buyer's Agent

Rosi Ueng

Treelane Realty Group Inc. License #01348042

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 9,596 Sq Ft Lot
  • No Common Walls
  • Wrought Iron Fence
  • Wood Fence
  • Front and Back Yard Sprinklers

Parking

  • 3 Car Garage
  • Parking Available

Home Design

  • Duplex

Interior Spaces

  • 2,290 Sq Ft Home
  • Living Room with Fireplace
  • Mountain Views

Kitchen

  • Gas Oven
  • Dishwasher

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating Available
  • Water Heater

Listing and Financial Details

  • Tax Lot 14
  • Tax Tract Number 431
  • Assessor Parcel Number 8505016035

Community Details

Overview

  • 2 Buildings
  • 2 Units
  • Foothills

Amenities

  • Laundry Facilities

Recreation

  • Park
  • Hiking Trails
  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $975
  • Operating Expense $2,175
  • Gross Income $46,080
  • Net Operating Income $44,880

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

9,596 Sq Ft Lot

Parking

3

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 8505016035
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 544.98
  • Room Type: Living Room, Kitchen

Exterior Features

  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Total Parking Spaces: 3.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Water Heater, Gas Oven
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Sidewalks, Street Lights, Park, Hiking, Foothills

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 9596.00
  • Lot Size Acres: 0.2203

Multi Family

  • Gross Income: 46080.00
  • Gross Scheduled Income: 46080.00
  • Insurance Expense: 975.00
  • Lot Size Area: 9596.0000 Square Feet
  • Net Operating Income: 44880.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 1200.00
  • Rent Control: No
  • Total Expenses: 2175.00

Tax Info

  • Tax Lot: 14
  • Tax Tract Number: 431...

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

Listed on
Jun 29, 2023
Closed on
Jul 26, 2023
Sold by
True Le Living Trust
Bought by
Seller's Agent
Margarit Torgomyan
Berkshire Hathaway Home Services Golden Properties
Buyer's Agent
Rosi Ueng
Treelane Realty Group Inc.
List Price
$1,248,000
Sold Price
$1,248,000
Views
91
Current Estimated Value
$1,321,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$73,821
Avg. Annual Appreciation
1.88%
Original Mortgage
$811,200
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 29, 2023
Closed on
Jul 13, 2023
Sold by
Tran Nha T
Bought by
Lee Allen Hung-Kit
Seller's Agent
Margarit Torgomyan
Berkshire Hathaway Home Services Golden Properties
Buyer's Agent
Rosi Ueng
Treelane Realty Group Inc.
List Price
$1,248,000
Sold Price
$1,248,000
Views
91

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$811,200
Interest Rate
7.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 1, 2021
Sold by
Unknown
Bought by
True Le Living Trust and Le

Purchase Details

Closed on
Mar 31, 2021
Sold by
Snow Alonzo
Bought by
Le True T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 23, 2021
Sold by
Le Truc T and Le True
Bought by
Le True and Snow Alonzo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2016
Sold by
Wong Tony D
Bought by
Le Truc T

Purchase Details

Closed on
May 8, 2008
Sold by
Wilson Troy S
Bought by
Wong Tony D and Le Truc T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,500
Interest Rate
6%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 16, 2007
Sold by
Sharp Louise
Bought by
Wilson Troy S

Purchase Details

Closed on
Dec 27, 2006
Sold by
Mccarthy Edward L
Bought by
Wilson Troy S

Purchase Details

Closed on
Oct 1, 2002
Sold by
Adams Libbie S
Bought by
Mccarthy Edward L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$53,128
Interest Rate
5.89%
Mortgage Type
Unknown

Purchase Details

Closed on
May 23, 2002
Sold by
Koai Benn and Koai Linda
Bought by
Mccarthy Edward I and Adams Libbie S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.25%

Purchase Details

Closed on
Aug 3, 1999
Sold by
Cambon Thomas E and Cambon Donna Lee
Bought by
Ferdows Ramin
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Agents Specializing in Monrovia, CA

  • Angela Kaufman Real Estate Agent - CENTURY 21 Affiliated

    Angela Kaufman

    CENTURY 21 Affiliated

    (949) 806-3853

    35 Total Sales

    1 in Monrovia

    $645,000 Price

    Angela Kaufman
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  • Brent Ballard Real Estate Agent - Anderson Ballard Companies

    Brent Ballard

    Anderson Ballard Companies

    (747) 307-4526

    165 Total Sales

    1 in Monrovia

    $542,000 Price

    Brent Ballard
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  • Peggy Lim Real Estate Agent - Real Brokerage Technologies

    Peggy Lim

    Real Brokerage Technologies

    (626) 889-5586

    86 Total Sales

    3 in Monrovia

    $1.1M - $1.2M Price Range

    Peggy Lim
     Section Image
  • Abel Dutra Real Estate Agent - DALE FREITAS REALTY

    Abel Dutra

    DALE FREITAS REALTY

    (951) 749-9319

    35 Total Sales

    1 in Monrovia

    $625,000 Price

    Abel Dutra
     Section Image
  • Anita Wong Real Estate Agent - Re/Max Premier Properties

    Anita Wong

    Re/Max Premier Properties

    (626) 986-3477

    42 Total Sales

    1 in Monrovia

    $912,800 Price

    Anita Wong
     Section Image
  • Lillian Barrett Real Estate Agent - First Team Real Estate North Tustin

    Lillian Barrett

    First Team Real Estate North Tustin

    (657) 500-0753

    110 Total Sales

    2 in Monrovia

    $845,000 Price Range

    Lillian Barrett
     Section Image
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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
$1,248,000 California Title Company
Lee Allen Hung-Kit -- California Title
True Le Living Trust -- Brooke Darrell G
Le True T -- North American Title
Le True -- North American Title
Le Truc T -- Accommodation
Wong Tony D $615,000 Chicago Title Company
Wilson Troy S -- Chicago Title Co
Wilson Troy S -- Chicago Title Co
Mccarthy Edward L -- --
Mccarthy Edward I $250,000 American Title Co
Ferdows Ramin -- Lawyers 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
Open $1,020,000
Closed Lee Allen Hung-Kit $811,200
Previous Owner Le True $336,000
Previous Owner Wong Tony D $455,000
Previous Owner Wong Tony D $457,500
Previous Owner Mccarthy Edward L $480,000
Previous Owner Mccarthy Edward L $53,128
Previous Owner Mccarthy Edward I $200,000
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
08/09/2023 08/09/23 Sold $1,248,000 0.0% $545 / Sq Ft
07/03/2023 07/03/23 Pending -- -- --
06/29/2023 06/29/23 For Sale $1,248,000 -- $545 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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
2026 $17,350 $1,298,419 $778,219 $520,200
2025 $17,350 $1,272,960 $762,960 $510,000
2024 $11,111 $791,959 $643,876 $148,083
2023 $10,757 $776,431 $631,251 $145,180
2022 $10,448 $761,208 $618,874 $142,334
2021 $10,242 $746,284 $606,740 $139,544
2020 $9,932 $738,633 $600,519 $138,114
2019 $9,758 $724,151 $588,745 $135,406
2018 $9,495 $709,952 $577,201 $132,751
2016 $9,127 $682,387 $554,789 $127,598
2015 $8,929 $672,138 $546,456 $125,682
2014 $8,841 $658,973 $535,752 $123,221
Source: Public Records

Agents Affiliated with this Home

  • Margarit Torgomyan Real Estate Agent - Berkshire Hathaway Home Services Golden Properties

    Seller's Agent in 2023

    Margarit Torgomyan

    Berkshire Hathaway Home Services Golden Properties

    (626) 808-8055

    28 Total Sales

    Margarit Torgomyan
    Section Image

  • FH

    Seller Co-Listing Agent in 2023

    Frunz Hambarzumian

    Berkshire Hathaway Home Services Golden Properties

    (626) 297-6811

    19 Total Sales

    Frunz Hambarzumian
    Section Image
  • Rosi Ueng Real Estate Agent - Treelane Realty Group Inc.

    Buyer's Agent in 2023

    Rosi Ueng

    Treelane Realty Group Inc.

    (626) 589-6852

    72 Total Sales

    Rosi Ueng
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-14175

Pasadena-Foothills Association of REALTORS®

APN: 8517-007-015

California Los Angeles County Monrovia 91016

527 E Lemon Ave, Monrovia, CA

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.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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