NOT LISTED FOR SALE

541 W Lemon Ave Monrovia, CA 91016

Estimated Value: $993,867 - $1,108,000

3 Beds
3 Baths
1,438 Sq Ft
$727/Sq Ft Est. Value

Last Sold April 15, 2021

Last sale price $815,000 $567 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $6,835/month

9 Days on Market

Highlights

  • Two Primary Bedrooms
  • Open Floorplan
  • Main Floor Bedroom
  • Monrovia High School Rated A
  • Property is near a park
  • Corner Lot

About This Home

As of April 2021

Built in 2015 by Tipping Development, this beautiful home is located in a gated community within the highly desired city of Monrovia, just a few blocks west of downtown. As you enter the home you will notice the pride in ownership that this home offers! The main floor offers an open layout from the kitchen to dining room, a sliding door to the back yard, laminate wood flooring, and new fresh paint. The kitchen features built-in stainless steel appliances, granite counters and wood flooring in designated areas. There is a bedroom and full bathroom with shower downstairs as well. The upper level offers a master suite with walk-in closet, master bathroom with jacuzzi style tub. The laundry is upstairs with it's own area. There is an additional bedroom with an adjoining bathroom as well. The home features central air and forced air heating, window treatments and 2 car direct access garage. The backyard is your own private oasis with extremely tall privacy bushes, a cement patio and grassy area. This home is located near Lucinda Garcia Park, Monrovia High School, Old Town Monrovia's Shopping, Restaurants, Library and Elementary School. Just minutes from Trader Joe's, Restaurants, Shopping and the 210 freeway, this home has it all!

Last Agent to Sell the Property

ASHLEY HOWIE

HOMEQUEST REAL ESTATE License #01949367 Listed on: 03/17/2021

HOMEQUEST REAL ESTATE

Last Buyer's Agent

Minnie Li

Flyhomes License #02053724

Flyhomes

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,540

Year Built

  • Built in 2015

Lot Details

  • 2,084 Sq Ft Lot
  • Corner Lot
  • Back and Front Yard
  • Property is zoned MORM*

HOA Fees

  • $180 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available

Home Design

  • Turnkey
  • Planned Development

Interior Spaces

  • 1,438 Sq Ft Home
  • Open Floorplan
  • Neighborhood Views

Kitchen

  • Gas Oven
  • Range Hood
  • Dishwasher
  • Granite Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms | 1 Main Level Bedroom
  • Double Master Bedroom
  • 3 Full Bathrooms
  • Soaking Tub

Laundry

  • Laundry Room
  • Laundry on upper level

Outdoor Features

  • Patio
  • Exterior Lighting

Location

  • Property is near a park
  • Property is near public transit
  • Suburban Location

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 72540
  • Assessor Parcel Number 8505016050

Community Details

Overview

  • Maintained Community

Amenities

  • Picnic Area

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,540

Year Built

Built in 2015

Lot Details

0

HOA Fees

$180 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: MORM*
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8505016050
  • Year Built: 2015
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1438.00 Square Feet
  • Interior Amenities: Granite Counters, Open Floorplan
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 566.76
  • Room Type: Main Floor Bedroom, Master Bathroom, Master Bedroom, Two Masters
  • Bathroom Features: Soaking Tub
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Range Hood
  • Heating Type: Central
  • Laundry Features: Upper Level
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area, Maintenance Grounds
  • Association Fee: 180.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Sidewalks, Storm Drains, Street Lights, Suburban

Schools

  • School District: Monrovia Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Near Public Transit, Park Nearby
  • Lot Size Sq Ft: 2084.00
  • Lot Size Acres: 0.0478

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2084.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4310.01
  • Tax Lot: 4
  • Tax Tract Number: 72540

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 17, 2021
Closed on
Mar 30, 2021
Sold by
Petty Anita Sue and Anita Sue Petty Living Trust
Bought by
Chan Jason Ching Ho and Luo Wanlin
Seller's Agent
ASHLEY HOWIE
HOMEQUEST REAL ESTATE
Buyer's Agent
Minnie Li
Flyhomes
List Price
$719,000
Sold Price
$815,000
Premium/Discount to List
$96,000
13.35%
Current Estimated Value
$1,044,717

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$229,717
Avg. Annual Appreciation
5.41%
Original Mortgage
$640,000
Outstanding Balance
$579,093
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$447,028

Purchase Details

Closed on
Jul 25, 2019
Sold by
Petty Anita S
Bought by
Petty Anita Sue and Anita Sue Petty Living Trust

Purchase Details

Listed on
Mar 23, 2015
Closed on
Mar 31, 2015
Sold by
535 Lemon Ave Llc
Bought by
Petty Anita S
Seller's Agent
Espi Bagwell
Keller Williams Realty
Buyer's Agent
JANINE FAVUZZI
KELLER WILLIAMS REALTY
List Price
$639,950
Sold Price
$649,950
Premium/Discount to List
$10,000
1.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.54%
Original Mortgage
$640,125
Interest Rate
3.67%
Mortgage Type
VA
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
Chan Jason Ching Ho $815,000 Wfg National Title Co Of Ca
Petty Anita Sue -- None Available
Petty Anita S $650,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chan Jason Ching Ho $640,000
Previous Owner Petty Anita S $640,125
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/15/2021 04/15/21 Sold $815,000 0.0% $567 / Sq Ft
03/26/2021 03/26/21 Pending -- -- --
03/24/2021 03/24/21 Off Market $815,000 -- --
03/17/2021 03/17/21 For Sale $719,000 +10.6% $500 / Sq Ft
05/22/2015 05/22/15 Sold $649,950 +1.6% $452 / Sq Ft
03/29/2015 03/29/15 Pending -- -- --
03/23/2015 03/23/15 For Sale $639,950 -- $445 / 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 $11,540 $882,179 $571,523 $310,656
2024 $11,540 $864,882 $560,317 $304,565
2023 $11,271 $847,925 $549,331 $298,594
2022 $10,938 $831,300 $538,560 $292,740
2021 $9,542 $721,594 $393,164 $328,430
2020 $9,245 $714,196 $389,133 $325,063
2019 $9,078 $700,193 $381,503 $318,690
2018 $8,891 $686,465 $374,023 $312,442
2016 $8,547 $659,810 $359,500 $300,310
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21055432

California Regional Multiple Listing Service (CRMLS)

APN: 8505-016-050