NOT LISTED FOR SALE

615 E Foothill Blvd Monrovia, CA 91016

Estimated Value: $1,187,918 - $1,288,000

4 Beds
3 Baths
2,132 Sq Ft
$587/Sq Ft Est. Value

Last Sold February 25, 2014

Last sale price $647,000 $303 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $7,695/month

6 Days on Market

Highlights

  • No Units Above
  • All Bedrooms Downstairs
  • Corner Lot
  • Clifton Middle School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of February 2014

This charming Craftsman style duplex in located on a desirable corner lot in North Monrovia. The front house beams with warmth and comfort. It features 3 bedrooms , 2 baths, formal dining room with built-in hutch, living room with fireplace and hardwood flooring. This home can be used as a 3 bedroom residence or can be split into a 2 bedroom 1 bath home. The large 3rd bedroom and bath was previously used as a studio with a private entrance. This area also has a kitchenette. A legal second unit is featured and consists of a large living room, 1 bedroom, 1 bath and an ample size kitchen. This unit is completely independent from the front house and faces Poppy. A two car garage enhances this property along with a fenced parking area. Both homes have a private fenced yard. First time on the market in almost 50 years! Perfect for an owner user or an investor looking for prime income property. Seller has maintained the property, but it is sold in its present "AS IS" condition.

Last Agent to Sell the Property

Jeannie Vukovich

Coldwell Banker Realty License #00887983 Listed on: 01/02/2014

Coldwell Banker Realty

Last Buyer's Agent

Jim Younessi

Coldwell Banker Realty License #00708839

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,714

Year Built

  • Built in 1942

Lot Details

  • 8,253 Sq Ft Lot
  • No Units Above
  • No Common Walls
  • No Units Located Below
  • Chain Link Fence
  • Corner Lot
  • Rectangular Lot
  • Corners Of The Lot Have Been Marked
  • Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Side Facing Garage
  • Single Garage Door
  • Shared Driveway

Home Design

  • Bungalow
  • Property Attached
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,132 Sq Ft Home
  • Blinds
  • Wood Frame Window
  • Casement Windows
  • French Doors
  • Living Room with Fireplace
  • Free-Standing Range
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Wall Furnace
  • Sewer Paid

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 8518
  • Assessor Parcel Number 8518004015

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Electric Expense $100
  • Gardener Expense $1,200
  • Insurance Expense $1,500
  • Trash Expense $300
  • Water Sewer Expense $1,200
  • New Taxes Expense $7,200
  • Gross Income $3,000
  • Net Operating Income $26,100

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,714

Year Built

Built in 1942

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 1200.00
  • Zoning: MORH
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 8518004015
  • Year Built: 1942
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls, No One Above, No One Below
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Door Features: French Doors
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 303.47
  • Room Type: All Bedrooms Down
  • Window Features: Blinds, Casement Windows, Wood Frames

Exterior Features

  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Front, Garage, On Site, Garage - Single Door, Garage Faces Side, Shared Driveway
  • Total Parking Spaces: 6.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range
  • Heating Type: Floor Furnace, Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Sewer Paid
  • Trash Expense: 300.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Lot Info

  • Lot Features: Corners Marked, Front Yard, Rectangular Lot, Corner Lot
  • Lot Size Sq Ft: 8253.00
  • Lot Size Acres: 0.1890

Multi Family

  • Average1 Bed Area: 1010
  • Average3 Bed Area: 1122
  • Electric Expense: 100.00
  • Gross Income: 3000.00
  • Gross Scheduled Income: 36000.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 8253.0000 Square Feet
  • Net Operating Income: 26100.00
  • 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: 9900.00
  • Other Income Description: Rent is estimated only
  • Rent Control: No

Tax Info

  • New Taxes Expense: 7200.00
  • Tax Lot: 13
  • Tax Tract Number: 8518
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 2, 2014
Closed on
Feb 13, 2014
Sold by
Moen Gregory L and Moen Diane K
Bought by
Gregory L Moen & Diane K Moen Revocable
Seller's Agent
Jeannie Vukovich
Coldwell Banker Realty
Buyer's Agent
Jim Younessi
Coldwell Banker Realty
List Price
$599,000
Sold Price
$647,000
Premium/Discount to List
$48,000
8.01%
Current Estimated Value
$1,250,730

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$603,730
Avg. Annual Appreciation
5.99%
Original Mortgage
$420,550
Interest Rate
4.47%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jan 2, 2014
Closed on
Feb 10, 2014
Sold by
Grichar Conrad P and The Catherine A Grichar Revoca
Bought by
Moen Gregory L and Moen Diane K
Seller's Agent
Jeannie Vukovich
Coldwell Banker Realty
Buyer's Agent
Jim Younessi
Coldwell Banker Realty
List Price
$599,000
Sold Price
$647,000
Premium/Discount to List
$48,000
8.01%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,550
Interest Rate
4.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 15, 1998
Sold by
Grichar Catherine A
Bought by
Grichar Catherine A and Catherine A Grichar Revocable
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
Gregory L Moen & Diane K Moen Revocable -- None Available
Moen Gregory L $647,000 Equity Title Company
Grichar Catherine A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gregory L Moen & Diane K Moen Revocable $414,000
Closed Gregory L Moen & Diane K Moen Revocable $414,400
Closed Moen Gregory L $420,550
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/25/2014 02/25/14 Sold $647,000 +8.0% $303 / Sq Ft
01/08/2014 01/08/14 Pending -- -- --
01/02/2014 01/02/14 For Sale $599,000 -- $281 / 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 $10,714 $793,126 $612,928 $180,198
2024 $10,714 $777,575 $600,910 $176,665
2023 $10,470 $762,329 $589,128 $173,201
2022 $10,168 $747,382 $577,577 $169,805
2021 $9,966 $732,728 $566,252 $166,476
2020 $9,664 $725,215 $560,446 $164,769
2019 $9,493 $710,996 $549,457 $161,539
2018 $9,233 $697,056 $538,684 $158,372
2016 $8,873 $669,990 $517,767 $152,223
2015 $8,679 $659,927 $509,990 $149,937
2014 $1,425 $70,346 $34,771 $35,575
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR14001007

California Regional Multiple Listing Service (CRMLS)

APN: 8518-004-015