Michelle Pacheco
Equity Union
(747) 294-4188
44 Total Sales
2 in Monrovia
$145,000 Price Range
607 S Magnolia Ave Monrovia, CA 91016
Monrovia AreaEstimated Value: $1,155,000 - $1,362,374
3
Beds
3
Baths
1,971
Sq Ft
$645/Sq Ft
Est. Value
Highlights
- Wood Flooring
- Corner Lot
- Vinyl Fence
- Monrovia High School Rated A
- Laundry Room
- Wall Furnace
About This Home
As of October 2021Located in the heart of Monrovia, this lovely 3-unit income property is consisted of a single home and a duplex. Each unit has one bedroom plus a bonus room (converted from the garage), one full bath, inside laundry, and it's own enclosed yard. The exterior has been freshly painted. It has brand new fencing, beautiful landscaping and new irrigation system. The living rooms are spacious and the enclosed yards are nicely partitioned for privacy and enjoyment. The duplex has a new roof replacement in 2018, all units have new water heaters, wood floors underneath the carpets, and individually metered with gas and electricity.. The tenants are all paying rents on time despite the pandemic and they are excellent, long term tenants. This property is within walking distance to Monroe Elementary & Monrovia High schools, Old Town Monrovia and farmer's market, proximity to Metro Gold Line, shopping.
Last Agent to Sell the Property
Coldwell Banker Realty License #01188008 Listed on: 08/12/2021
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1938
Lot Details
- 5,765 Sq Ft Lot
- 1 Common Wall
- Vinyl Fence
- New Fence
- Corner Lot
Home Design
- Triplex
- Entry on the 1st floor
- Shingle Roof
Interior Spaces
- 1,971 Sq Ft Home
- 1-Story Property
- Free-Standing Range
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Parking
- Parking Available
- Driveway
- On-Street Parking
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 2
- Tax Tract Number 430
- Assessor Parcel Number 8506001001
Community Details
Overview
- 2 Buildings
- 3 Units
Amenities
- Laundry Facilities
Building Details
- 3 Leased Units
- Rent Control
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 2 Separate Water Meters
- Gardener Expense $1,200
- Insurance Expense $1,485
- Trash Expense $1,223
- Water Sewer Expense $1,900
- New Taxes Expense $14,375
- Operating Expense $20,183
- Gross Income $35,737
- Net Operating Income $50,112
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
Closed on
Sep 3, 2013
Sold by
Blumhardt Leonard L and Blumhardt Bessie
Bought by
Current Estimated Value
Purchase Details
Closed on
Aug 6, 2007
Sold by
Arida Jorge L
Bought by
Blumhardt Leonard L and Blumhardt Bessie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$400,000
Outstanding Balance
$250,926
Interest Rate
6.57%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$1,020,418
Purchase Details
Closed on
Mar 29, 2006
Sold by
Spain David
Bought by
Arida Jorge L
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$497,000
Interest Rate
7.87%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Dec 18, 2001
Sold by
Dixon Allen L and Dixon Rita M
Bought by
Spain David
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$189,600
Interest Rate
7.17%
Purchase Details
Closed on
Jul 13, 1993
Sold by
Barrio Rita M
Bought by
Barrio Rita M and Dixon Allen L
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Monrovia, CA
-
Michelle Pacheco
-
Mike Chou
Mike Chou
Responds QuicklyK.W. EXECUTIVE
(626) 653-4295
171 Total Sales
3 in Monrovia
$980K - $999K Price Range
-
Nicola Speranta
Nicola Speranta
Compass
(323) 310-3215
99 Total Sales
28 in Monrovia
$600K - $1.5M Price Range
-
Herman Nijjar
HN
Herman Nijjar
Compass
(949) 674-3738
15 Total Sales
1 in Monrovia
$1,850,000 Price
-
Hilda Hernandez
Hilda Hernandez
Berkshire Hathaway HomeServices
(626) 699-8904
96 Total Sales
4 in Monrovia
$908K - $1.3M Price Range
-
Giusy Mele-Brown
Giusy Mele-Brown
BHHS California Properties
(626) 313-3578
61 Total Sales
1 in Monrovia
$1,099,000 Price
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 |
|---|---|---|---|
| -- | None Available | ||
| Blumhardt Leonard L | $705,000 | First American Title Co | |
| Arida Jorge L | $670,000 | North American Title | |
| Arida Jorge L | -- | North American Title | |
| Spain David | $237,000 | Orange Coast Title | |
| Barrio Rita M | -- | Orange Coast Title |
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 | $400,000 | ||
| Previous Owner | Arida Jorge L | $497,000 | |
| Previous Owner | Spain David | $189,600 | |
| Closed | Spain David | $16,400 |
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 |
|---|---|---|---|---|
| 10/11/2021 10/11/21 | Sold | $1,150,000 | 0.0% | $583 / Sq Ft |
| 08/12/2021 08/12/21 | For Sale | $1,150,000 | -- | $583 / 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 | $16,741 | $1,244,796 | $681,932 | $562,864 |
| 2025 | $16,741 | $1,220,389 | $668,561 | $551,828 |
| 2024 | $16,351 | $1,196,460 | $655,452 | $541,008 |
| 2023 | $15,977 | $1,173,000 | $642,600 | $530,400 |
| 2022 | $15,513 | $1,150,000 | $630,000 | $520,000 |
| 2021 | $11,776 | $855,497 | $637,077 | $218,420 |
| 2020 | $11,421 | $846,726 | $630,545 | $216,181 |
| 2019 | $11,221 | $830,125 | $618,182 | $211,943 |
| 2018 | $10,978 | $813,849 | $606,061 | $207,788 |
| 2016 | $10,162 | $750,000 | $602,500 | $147,500 |
| 2015 | $8,970 | $660,000 | $530,200 | $129,800 |
| 2014 | $9,047 | $660,000 | $530,200 | $129,800 |
Source: Public Records
Agents Affiliated with this Home
-
Josephine Yang
JY
Seller's Agent in 2021
Josephine Yang
Coldwell Banker Realty
(626) 823-8145
37 Total Sales
Map
Source: Pasadena-Foothills Association of REALTORS®
MLS Number: P1-6185
APN: 8506-001-001
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.
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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