NOT LISTED FOR SALE

531 Ranchito Rd Monrovia, CA 91016

Estimated Value: $800,735 - $1,216,000

4 Beds
3 Baths
1,494 Sq Ft
$660/Sq Ft Est. Value

Last Sold January 28, 2020

Last sale price $590,000 $395 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $5,925/month

Highlights

  • Updated Kitchen
  • Wood Flooring
  • No HOA
  • Clifton Middle School Rated A-
  • Quartz Countertops
  • Cul-De-Sac

About This Home

As of March 2024

Front house 3 bedrooms 1.75 bath 1,115 square feet of living space. Back house/ADU 380 square feet both completely updated in 2021 with new kitchen and bathrooms, hardwood floors throughout, recessed lights, central air/heat, large fenced front yard. Long driveway fits 4 cars plus, beautiful fenced backyard with a large covered patio with fireplace. Detached guest house/ADU with own bathroom and kitchen. This house is turnkey on a beautiful cul de sac in Monrovia border city of Bradbury.

Last Agent to Rent the Property

Pierre Khabbaz

Partners Plus Realty Inc. Brokerage Phone: 323-855-5001 License #01889199 Listed on: 03/15/2024

Last Renter's Agent

Pierre Khabbaz

Partners Plus Realty Inc. Brokerage Phone: 323-855-5001 License #01889199 Listed on: 03/15/2024

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1951

Lot Details

  • 7,123 Sq Ft Lot
  • Cul-De-Sac
  • Wrought Iron Fence
  • Property is zoned MORL*

Interior Spaces

  • 1,494 Sq Ft Home
  • 1-Story Property
  • Partially Furnished
  • Living Room with Fireplace
  • Wood Flooring
  • Laundry Room

Kitchen

  • Updated Kitchen
  • Dishwasher
  • Kitchen Island
  • Quartz Countertops
  • Self-Closing Drawers and Cabinet Doors

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 3 Full Bathrooms

Additional Features

  • Urban Location
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $4,500
  • Rent includes gardener
  • 12-Month Minimum Lease Term
  • Available 3/15/24
  • Tax Lot 8
  • Tax Tract Number 15854
  • Assessor Parcel Number 8526012035

Home Details

Home Type

Single Family

Year Built

Built in 1951

Lot Details

0

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2024-03-15
  • Credit Check Paid By: Tenant
  • Deposit Pets: 600
  • Deposit Security: 4500
  • Furnished: Partially
  • Pets Allowed: Size Limit
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: No
  • View: No
  • Zoning: MORL*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 8526012035
  • Year Built: 1951
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1494.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 3.01
  • Room Type: All Bedrooms Down
  • Room Kitchen Features: Kitchen Island, Quartz Counters, Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers

Exterior Features

  • Fence: Yes
  • Fencing: Wrought Iron
  • Pool Private: No

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher
  • Laundry Features: In Closet
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 7123.00
  • Lot Size Acres: 0.1635

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 7123.0000 Square Feet
  • Number Of Units Total: 2
  • Rent Includes: Gardener

Tax Info

  • Tax Census Tract: 4310.02
  • Tax Lot: 8
  • Tax Tract Number: 15854

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 18, 2019
Closed on
Jan 23, 2020
Sold by
Miller Martina J and Miller Frederick W
Bought by
Khabbaz Pierre and Khabbaz Caroline
Seller's Agent
Linda Porraz
Coldwell Banker Top Team
Buyer's Agent
Linda Porraz
Coldwell Banker Top Team
List Price
$550,000
Sold Price
$590,000
Premium/Discount to List
$40,000
7.27%
Current Estimated Value
$985,434

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$395,434
Avg. Annual Appreciation
9.02%
Original Mortgage
$442,500
Outstanding Balance
$391,117
Interest Rate
3.73%
Mortgage Type
New Conventional
Estimated Equity
$594,317

Purchase Details

Closed on
Aug 4, 1997
Sold by
Miller Frederick W and Miller Pauline
Bought by
Miller Frederick W and Miller Pauline E
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Khabbaz Pierre $590,000 Corinthian Title Company
Miller Frederick W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Khabbaz Pierre $442,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/27/2024 03/27/24 Rented $4,500 0.0% --
03/15/2024 03/15/24 For Rent $4,500 +12.5% --
10/16/2020 10/16/20 Rented $4,000 0.0% --
10/16/2020 10/16/20 Under Contract -- -- --
10/16/2020 10/16/20 For Rent $4,000 0.0% --
01/28/2020 01/28/20 Sold $590,000 +7.3% $520 / Sq Ft View Prior Sale
12/23/2019 12/23/19 Pending -- -- --
12/18/2019 12/18/19 For Sale $550,000 -- $485 / 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 $9,318 $695,037 $516,198 $178,839
2024 $9,318 $681,410 $506,077 $175,333
2023 $9,103 $668,050 $496,154 $171,896
2022 $8,839 $654,952 $486,426 $168,526
2021 $8,063 $596,111 $476,889 $119,222
2020 $1,227 $63,614 $32,253 $31,361
2019 $1,209 $62,368 $31,621 $30,747
2018 $1,114 $61,146 $31,001 $30,145
2016 $1,062 $58,774 $29,799 $28,975
2015 $1,041 $57,892 $29,352 $28,540
2014 $1,039 $56,759 $28,778 $27,981
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR24053149

California Regional Multiple Listing Service (CRMLS)

APN: 8526-012-035