NOT LISTED FOR SALE

616 W Olive Ave Monrovia, CA 91016

Estimated Value: $935,000 - $1,149,000

3 Beds
2 Baths
1,531 Sq Ft
$675/Sq Ft Est. Value

Last Sold July 24, 2013

Last sale price $535,000 $349 Per Sq Ft

Est. 93% increase in value since last sale

Current estimated payment $6,053/month

33 Days on Market

Highlights

  • Secluded Lot
  • No HOA
  • Central Air
  • Monrovia High School Rated A
  • Neighborhood Views
  • 1-minute walk to Lucinda Garcia Park

About This Home

As of July 2013

Located in beautiful Monrovia & close to old town, shops on Huntington, and the 210 freeway, this totally remodeled contemporary Spanish bungalow is an extraordinary home. Privately set across from beautiful Lucinda Garcia Park, this home has the perfect blend of traditional charm with modern amenities. Step in the front door & you are greeted by a spacious living room, adjacent to a great room. Cook's kitchen features brand new stainless appliances, travertine floors & backsplash, butcher block counters, and designer cabinets. 2 guest rooms share access to a beautifully remodeled full bathroom. Master bedroom & en suite are situated away from other bedrooms & look out to the meticulously landscaped & gated backyard. The entire home glows with natural light. Throughout the home you'll find hardwood floors, ceiling fans, recessed lighting, brand new energy efficient roof, new double paned windows throughout, new tankless water heater, new central heat & air, new 220 electrical, bolted foundation, copper plumbing throughout, plus a large storage / laundry room. You have to see this home!

Last Agent to Sell the Property

Eric Tan

Redfin Corporation License #01854076 Listed on: 05/22/2013

Redfin Corporation

Last Buyer's Agent

Jordan Nedeff

John Aaroe Group Inc. License #01374071

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1927

Lot Details

  • 6,481 Sq Ft Lot
  • Secluded Lot

Interior Spaces

  • 1,531 Sq Ft Home
  • Den with Fireplace
  • Neighborhood Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Suburban Location
  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 13
  • Assessor Parcel Number 8506013002

Home Details

Home Type

Single Family

Year Built

Built in 1927

Lot Details

6,481 Sq Ft Lot

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8506013002
  • Year Built: 1927
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1531.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Den
  • Levels: One
  • Price Per Square Foot: 349.44
  • Room Type: Master Bedroom

Exterior Features

  • View: Neighborhood
  • Pool Private: No

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Features: Secluded
  • Lot Size Sq Ft: 6481.00
  • Lot Size Acres: 0.1490

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6481.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 13

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2013
Closed on
Jul 22, 2013
Sold by
Krauss Noa James
Bought by
Arcangelo Carrie D and Arcangelo Steven D
Seller's Agent
Eric Tan
Redfin Corporation
Buyer's Agent
Jordan Nedeff
John Aaroe Group Inc.
List Price
$549,900
Sold Price
$535,000
Premium/Discount to List
-$14,900
-2.71%
Current Estimated Value
$1,034,019

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$499,019
Avg. Annual Appreciation
5.38%
Original Mortgage
$481,400
Outstanding Balance
$350,935
Interest Rate
3.98%
Mortgage Type
New Conventional
Estimated Equity
$683,084

Purchase Details

Listed on
Jun 10, 2012
Closed on
Aug 13, 2012
Sold by
Sbicca James T
Bought by
Krauss Noa James and Krauss Erin Jane
Seller's Agent
Jane Kim
Stepping Stone Realty & Invest
Buyer's Agent
Peter Miller
Equity Union
List Price
$320,000
Sold Price
$315,000
Premium/Discount to List
-$5,000
-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
82.56%
Original Mortgage
$252,000
Interest Rate
3.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 5, 2006
Sold by
Dilick Quintana Susan
Bought by
Sbicca James T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.3%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
May 15, 2001
Sold by
Spring James D
Bought by
Dilick Quintana Susan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
7.19%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 19, 1996
Sold by
Spring James D
Bought by
Spring James D and Spring Joanne E
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
Arcangelo Carrie D $535,000 Equity Title Co
Krauss Noa James $315,000 Fidelity National Title
Sbicca James T $530,000 North American
Dilick Quintana Susan $188,000 Chicago Title
Spring James D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arcangelo Carrie D $481,400
Previous Owner Krauss Noa James $252,000
Previous Owner Sbicca James T $50,000
Previous Owner Dilick Quintana Susan $178,000
Closed Dilick Quintana Susan $12,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
07/24/2013 07/24/13 Sold $535,000 -2.7% $349 / Sq Ft
05/22/2013 05/22/13 For Sale $549,900 +74.6% $359 / Sq Ft
09/06/2012 09/06/12 Sold $315,000 -1.6% $241 / Sq Ft View Prior Sale
06/10/2012 06/10/12 For Sale $320,000 -- $245 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,713 $655,821 $429,289 $226,532
2024 $8,713 $642,963 $420,872 $222,091
2023 $8,511 $630,357 $412,620 $217,737
2022 $8,262 $617,998 $404,530 $213,468
2021 $8,099 $605,882 $396,599 $209,283
2020 $7,850 $599,671 $392,533 $207,138
2019 $7,709 $587,914 $384,837 $203,077
2018 $7,531 $576,388 $377,292 $199,096
2016 $7,241 $554,009 $362,643 $191,366
2015 $7,080 $545,688 $357,196 $188,492
2014 $7,005 $535,000 $350,200 $184,800
Source: Public Records

Agents Affiliated with this Home

  • E

    Seller's Agent in 2013

    Eric Tan

    Redfin Corporation

    Section Image

  • J

    Buyer's Agent in 2013

    Jordan Nedeff

    John Aaroe Group Inc.

  • J

    Seller's Agent in 2012

    Jane Kim

    Stepping Stone Realty & Invest

  • Peter Miller

    Buyer's Agent in 2012

    Peter Miller

    Equity Union

    (818) 489-1902

    44 Total Sales

    Peter Miller
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB13095949

California Regional Multiple Listing Service (CRMLS)

APN: 8506-013-002

California Los Angeles County Monrovia 91016

616 W Olive Ave, Monrovia, CA

Not Listed for Sale

Detached

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