NOT LISTED FOR SALE

621 E Lemon Ave Unit A Monrovia, CA 91016

Estimated Value: $1,002,456 - $1,145,000

4 Beds
2 Baths
2,080 Sq Ft
$519/Sq Ft Est. Value

Last Sold April 18, 2012

Last sale price $450,000 $216 Per Sq Ft

Est. 140% increase in value since last sale

Current estimated payment $6,386/month

343 Days on Market

Highlights

  • All Bedrooms Downstairs
  • 2 Car Garage
  • 3-minute walk to Recreation Park
  • Clifton Middle School Rated A-

About This Home

As of April 2012

Beautiful 2 units, long term tenants, each has 2 car garages, and own private backyard. Both units have been recently remodeled. Walking distance to park, schools, and old town Monrovia. Great investment opportunity or can be owner occupied. Make offer subject to interior inspection only. Please do not disturb tenants or walk on property. Tenants do not know the sale of the property. Trust sale, no court confirmation. Seller never lived on this property.

Last Agent to Sell the Property

carol li

FIDELITY REALTORS License #00906211 Listed on: 04/06/2011

Last Buyer's Agent

Tinnie Eiker

Kingston Realty License #01081512

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,957

Year Built

  • Built in 1963

Lot Details

  • 7,998 Sq Ft Lot

Parking

  • 2 Car Garage
  • Parking Available

Home Design

  • 2,080 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 13
  • Assessor Parcel Number 8517008013

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $660
  • Insurance Expense $680
  • Professional Management Expense $1,764
  • Trash Expense $344
  • Water Sewer Expense $620
  • New Taxes Expense $6,000
  • Gross Income $2,450
  • Net Operating Income $1,770

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,957

Year Built

Built in 1963

Lot Details

0

Parking

2

Listing Details

  • Professional Management Expense: 1764.00
  • Water Sewer Expenses: 620.00
  • Property Type: Residential Income
  • Gardener Expense: 660.00
  • Parcel Number: 8517008013
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Unfurnished
  • Price Per Square Foot: 216.35
  • Room Type: All Bedrooms Down

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 4.00

Utilities

  • Trash Expense: 344.00

Lot Info

  • Lot Size Sq Ft: 7998.00
  • Lot Size Acres: 0.1800

Multi Family

  • Gross Income: 2450.00
  • Gross Scheduled Income: 2450.00
  • Insurance Expense: 680.00
  • Lot Size Area: 7998.0000 Square Feet
  • Net Operating Income: 1770.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 680.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 6000.00
  • Tax Lot: 13
  • Tax Tract Number: 999
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2011
Closed on
Mar 19, 2012
Sold by
Hsia Wen Chen and The Stella Hsia Family Trust
Bought by
Hwang Kitty Chuen Ling and Pan Yi Van
Seller's Agent
carol li
FIDELITY REALTORS
Buyer's Agent
Tinnie Eiker
Kingston Realty
List Price
$509,000
Sold Price
$450,000
Premium/Discount to List
-$59,000
-11.59%
Current Estimated Value
$1,079,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$629,364
Avg. Annual Appreciation
6.89%
Original Mortgage
$300,000
Outstanding Balance
$42,461
Interest Rate
3.84%
Mortgage Type
New Conventional
Estimated Equity
$1,060,216

Purchase Details

Closed on
Aug 18, 2010
Sold by
Hsia Stella Shu Yen
Bought by
Hsia Stella Shu Yen and Stella Hsia Family Trust
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
Hwang Kitty Chuen Ling $450,000 Lawyers Title Co
Hsia Stella Shu Yen -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hwang Kitty Chuen Ling $300,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/18/2012 04/18/12 Sold $450,000 -11.6% $216 / Sq Ft
03/14/2012 03/14/12 Pending -- -- --
04/06/2011 04/06/11 For Sale $509,000 -- $245 / 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 $7,957 $565,212 $439,613 $125,599
2024 $7,957 $554,131 $430,994 $123,137
2023 $7,780 $543,267 $422,544 $120,723
2022 $7,561 $532,615 $414,259 $118,356
2021 $7,411 $522,173 $406,137 $116,036
2019 $7,071 $507,148 $394,092 $113,056
2018 $6,837 $497,214 $386,365 $110,849
2016 $6,570 $477,466 $371,363 $106,103
2015 $6,429 $470,295 $365,785 $104,510
2014 $6,370 $461,083 $358,620 $102,463
Source: Public Records

Agents Affiliated with this Home

  • c

    Seller's Agent in 2012

    carol li

    FIDELITY REALTORS

    (626) 710-6610

    16 Total Sales

    carol li
    Section Image

  • T

    Buyer's Agent in 2012

    Tinnie Eiker

    Kingston Realty

    (626) 485-8606

    1 Total Sale

    Tinnie Eiker
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: W11043655

California Regional Multiple Listing Service (CRMLS)

APN: 8517-008-013

California Los Angeles County Monrovia 91016

621 E Lemon Ave Unit A, Monrovia, CA

This home is located at 621 E Lemon Ave Unit A, Monrovia, CA 91016 since 06 April 2011 and is currently estimated at $1,079,364, approximately $518 per square foot. This property was built in 1963. 621 E Lemon Ave Unit A is a home located in Los Angeles County with nearby schools including Wild Rose Elementary School, Clifton Middle School, and Monrovia High School.

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.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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