NOT LISTED FOR SALE

540 Cloverleaf Dr Monrovia, CA 91016

Estimated Value: $1,891,000 - $2,007,303

4 Beds
4.5 Baths
3,593 Sq Ft
$539/Sq Ft Est. Value

Last Sold April 11, 2025

Last sale price $1,850,000 $515 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $11,317/month

3 Days on Market

Highlights

  • In Ground Pool
  • Primary Bedroom Suite
  • Mountain View
  • Mayflower Elementary School Rated A
  • 1.44 Acre Lot
  • Fireplace in Primary Bedroom Retreat

About This Home

As of April 2025

Welcome to this breathtaking Tudor-style masterpiece built in 1991, nestled in the serene and private enclave of North Monrovia. This gated property spans 1.44 acres of tranquil beauty, offering unparalleled luxury living amidst nature's splendor. Protected by a concrete tile roof and an interior fire sprinkler system, this home is designed with both safety and durability in mind. As you enter this grand estate, you are greeted by a magnificent entryway adorned with rich marble flooring that sets the tone for the luxury within. The main level features an array of sophisticated spaces, including a formal living room, an elegant dining room, a cozy family room, and a versatile office that caters to your professional needs. Enjoy the ambiance of the three beautiful fireplaces located in the formal living room, family room, and primary suite. An additional upstairs family room provides a perfect space for relaxation or can be easily converted into a fourth bedroom. The chef’s kitchen is a culinary dream, featuring stainless steel appliances, gleaming granite countertops, and a spacious island that invites both meal preparation and casual gatherings. The adjacent formal dining room offers a refined setting for hosting memorable dinners with family and friends. Retreat to the lavish primary suite, where luxury and comfort combine seamlessly. This sanctuary includes two expansive walk-in closets, a serene sitting room, and a spacious en-suite bathroom designed for ultimate relaxation. Step outside to your private oasis, where a saltwater pool and spa feature a cascading waterfall that creates a soothing ambiance. Entertain guests on the covered patio, complete with a built-in BBQ bar, perfect for alfresco dining throughout the year. Additionally, you have a finished and expansive 3-car garage with direct access to the home featuring a Tesla car charger. This extraordinary property embodies the epitome of luxury living, offering a harmonious blend of elegance, comfort, and privacy in a prestigious North Monrovia location.

Last Agent to Sell the Property

Joe Chiovare

Coldwell Banker Realty Brokerage Phone: 626-945-2236 License #01931960 Listed on: 03/03/2025

Coldwell Banker Realty

Last Buyer's Agent

Kara Alise Salman

D.S & CO REALTY License #02144190

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1991

Lot Details

  • 1.44 Acre Lot
  • Front and Back Yard Sprinklers
  • Property is zoned MORF*

Parking

  • 3 Car Attached Garage
  • Automatic Gate

Home Design

  • Tudor Architecture
  • Entry on the 1st floor
  • Tile Roof

Interior Spaces

  • 3,593 Sq Ft Home
  • 2-Story Property
  • Built-In Features
  • Recessed Lighting
  • Formal Entry
  • Family Room with Fireplace
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Dining Room
  • Mountain Views
  • Fire Sprinkler System
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Open to Family Room
  • Breakfast Bar
  • Double Oven
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Dishwasher
  • Granite Countertops
  • Built-In Trash or Recycling Cabinet

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • Fireplace in Primary Bedroom Retreat
  • Primary Bedroom Suite
  • Walk-In Closet
  • Dual Vanity Sinks in Primary Bathroom
  • Bathtub with Shower

Pool

  • In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Gas Heated Pool

Additional Features

  • Covered Patio or Porch
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association
  • Foothills
  • Mountainous Community

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 6319
  • Assessor Parcel Number 8520002002
  • $816 per year additional tax assessments

Home Details

Home Type

Single Family

Year Built

Built in 1991

Lot Details

0

Parking

3

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Security: Automatic Gate, Fire Sprinkler System
  • View: Yes
  • Zoning: MORF*
  • Architectural Style: Tudor
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8520002002
  • Year Built: 1991
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3593.00 Square Feet
  • Interior Amenities: Built-in Features, Granite Counters, Recessed Lighting
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Breakfast Counter / Bar, Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room, Primary Retreat
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 514.89
  • Room Type: Family Room, Formal Entry, Kitchen, Laundry, Living Room, Primary Suite, Walk-In Closet
  • Spa Features: Private, Heated, In Ground
  • Bathroom Features: Bathtub, Shower In Tub, Double Sinks In Primary Bath
  • Room Kitchen Features: Built-In Trash/Recycling, Granite Counters, Kitchen Open To Family Room

Exterior Features

  • Patio: Yes
  • View: Mountain(s)
  • Patio And Porch Features: Covered
  • Pool Features: Private, Gas Heat, In Ground
  • Pool Private: Yes
  • Roof: Tile
  • Spa: Yes

Garage/Parking

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

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Double Oven, Gas Cooktop, Microwave, Range Hood
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Mountainous

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 62877.00
  • Lot Size Acres: 1.4435

Multi Family

  • Lease Considered: No
  • Lot Size Area: 62877.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4303.01
  • Tax Lot: 23
  • Tax Tract Number: 6319
  • TaxOtherAnnualAssessmentAmount: 816.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2025
Closed on
Mar 26, 2025
Sold by
Wedeen Living Trust and Wedeen Glenn P
Bought by
Price Family Trust and Price
Seller's Agent
Joe Chiovare
Coldwell Banker Realty
Buyer's Agent
Kara Alise Salman
D.S & CO REALTY
List Price
$1,998,000
Sold Price
$1,850,000
Premium/Discount to List
-$148,000
-7.41%
Views
218
Current Estimated Value
$1,937,576

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,576
Avg. Annual Appreciation
6.73%
Original Mortgage
$1,572,500
Outstanding Balance
$1,565,667
Interest Rate
6.76%
Mortgage Type
New Conventional
Estimated Equity
$371,909

Purchase Details

Closed on
May 4, 2020
Sold by
Wedeen Glenn P and Wedeen Sheri S
Bought by
Wedeen Glenn P and Wedeen Sheri S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,400
Interest Rate
3.3%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 8, 2019
Sold by
Wedeen Glenn P and Wedeen Sheri S
Bought by
Wedeen Glenn P and Wedeen Sheri S

Purchase Details

Closed on
Dec 13, 2011
Sold by
Wedeen Glenn P and Wedeen Sheri Stewart
Bought by
Wedeen Glenn P and Wedeen Sheri S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$606,000
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 20, 2007
Sold by
Bank Of New York
Bought by
Studebaker Michael J and Michael J Studebaker Living Tr

Purchase Details

Closed on
Sep 21, 2005
Sold by
Wedeen Glenn P
Bought by
Wedeen Glenn P and Wedeen Sheri Stewart

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 24, 1999
Sold by
Morrison Gail
Bought by
Wedeen Glenn P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,000
Interest Rate
7.05%

Purchase Details

Closed on
May 3, 1999
Sold by
Fabeck Clayton and Fabeck Terri L
Bought by
Wedeen Glenn P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$374,000
Interest Rate
7.05%

Purchase Details

Closed on
Mar 23, 1995
Sold by
Dootson Richard F and Dootson Marilyn J
Bought by
Fabeck Clayton and Fabeck Terri L
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
Price Family Trust $1,850,000 Equity Title - Los Angeles
Wedeen Glenn P -- North American Title Company
Wedeen Glenn P -- North American Title Company
Wedeen Glenn P -- None Available
Wedeen Glenn P -- Lsi
Studebaker Michael J $775,000 Landsafe Title
Wedeen Glenn P -- American Coast Title Company
Wedeen Glenn P -- United Title Company
Wedeen Glenn P $649,000 United Title Company
Fabeck Clayton -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Price Family Trust $1,572,500
Previous Owner Wedeen Glenn P $510,400
Previous Owner Wedeen Glenn P $606,000
Previous Owner Wedeen Glenn P $420,000
Previous Owner Wedeen Glenn P $374,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/11/2025 04/11/25 Sold $1,850,000 -7.4% $515 / Sq Ft
03/06/2025 03/06/25 Pending -- -- --
03/03/2025 03/03/25 For Sale $1,998,000 -- $556 / 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 $13,982 $1,054,425 $627,080 $427,345
2024 $13,982 $1,033,751 $614,785 $418,966
2023 $13,664 $1,013,482 $602,731 $410,751
2022 $13,266 $993,611 $590,913 $402,698
2021 $12,998 $974,129 $579,327 $394,802
2019 $12,372 $945,238 $562,145 $383,093
2018 $12,058 $926,705 $551,123 $375,582
2016 $11,578 $890,722 $529,723 $360,999
2015 $11,323 $877,344 $521,767 $355,577
2014 $11,227 $860,159 $511,547 $348,612
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR25046480

California Regional Multiple Listing Service (CRMLS)

APN: 8520-002-002