NOT LISTED FOR SALE

615 S Primrose Ave Monrovia, CA 91016

Estimated Value: $1,203,000 - $1,551,000

5 Beds
3 Baths
2,539 Sq Ft
$525/Sq Ft Est. Value

Last Sold December 22, 2017

Last sale price $920,000 $362 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $8,110/month

90 Days on Market

About This Home

As of December 2017

2 bedroom with possible 3 and 1 bath. 2 bedroom and 1 bath. 1 large bedroom and 1 bath. Located in North Monrovia near old town. Offer must be subject to inspection. Seller will do 1031 Tax exchange. Straight sale to buyer.

Last Agent to Sell the Property

Doug Meyer

Coldwell Banker Realty License #00354602 Listed on: 07/25/2017

Coldwell Banker Realty

Last Buyer's Agent

Paul Cheng

Pinnacle Real Estate Group License #01900522

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 8,711 Sq Ft Lot
  • 1 Common Wall

Home Design

  • Property Attached

Interior Spaces

  • 2,539 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Parking

  • Parking Available
  • Paved Parking

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 22
  • Tax Tract Number 6215
  • Assessor Parcel Number 8516025027

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Zoning: MORH*
  • Property Type: Residential Income
  • Parcel Number: 8516025027
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 362.35

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Concrete

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet
  • Lot Size Sq Ft: 8711.00

Multi Family

  • Gross Scheduled Income: 45900.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Rent Control: No
  • Total Actual Rent: 4825.00

Tax Info

  • Tax Census Tract: 4311.00
  • Tax Lot: 22
  • Tax Tract Number: 06215

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 2, 2015
Sold by
Falche Blaise and The Blaise Falche Revocable Li
Bought by
Falche Carla M and Falche Blaise
Current Estimated Value
$1,331,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 23, 2013
Sold by
Falche Blaise and The Blaise Falche Revocable Li
Bought by
Falche Blaise and The Blaise Falche Revocable Li

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
4.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 30, 2008
Sold by
Falche Blaise
Bought by
Falche Blaise and The Blaise Falche Revocable Li

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,000
Interest Rate
6.32%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Falche Carla M -- First American Title Company
Falche Blaise -- First American Title Insuran
Falche Blaise -- First American Title
Falche Blaise -- First American Title
Falche Blaise -- First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Falche Carla M $460,000
Closed Falche Blaise $395,000
Closed Falche Blaise $417,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2017 12/22/17 Sold $920,000 -1.0% $362 / Sq Ft
09/07/2017 09/07/17 Price Changed $929,000 -1.7% $366 / Sq Ft
08/09/2017 08/09/17 Price Changed $945,000 -0.4% $372 / Sq Ft
08/02/2017 08/02/17 Price Changed $949,000 -3.7% $374 / Sq Ft
07/25/2017 07/25/17 For Sale $985,000 -- $388 / 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 $14,325 $1,046,797 $876,126 $170,671
2024 $14,325 $1,026,273 $858,948 $167,325
2023 $14,002 $1,006,151 $842,106 $164,045
2022 $13,602 $986,424 $825,595 $160,829
2021 $13,336 $967,083 $809,407 $157,676
2020 $12,936 $957,168 $801,108 $156,060
2019 $12,710 $938,400 $785,400 $153,000
2018 $12,376 $920,000 $770,000 $150,000
2016 $3,783 $230,852 $126,971 $103,881
2015 $3,708 $227,385 $125,064 $102,321
2014 $3,690 $222,932 $122,615 $100,317
Source: Public Records

Agents Affiliated with this Home

  • Doug Meyer

    Seller's Agent in 2017

    Doug Meyer

    Coldwell Banker Realty

    (626) 993-4900

    1 in this area

    21 Total Sales

    Doug Meyer
    Section Image

  • P

    Buyer's Agent in 2017

    Paul Cheng

    Pinnacle Real Estate Group

    (626) 242-4088

    11 Total Sales

    Paul Cheng
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR17170069

California Regional Multiple Listing Service (CRMLS)

APN: 8516-025-027

California Los Angeles County Monrovia 91016

615 S Primrose Ave, Monrovia, CA

Not Listed for Sale

MultiFamily

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