Seller's Agent in 2021
Kristopher German
RE/MAX
(909) 645-0443
4 in this area
126 Total Sales
621 King St Monrovia, CA 91016
Estimated Value: $983,000 - $1,164,000
4
Beds
2
Baths
1,610
Sq Ft
$684/Sq Ft
Est. Value
Highlights
- Laundry Room
- Central Heating and Cooling System
- Stacked Washer and Dryer
- Monrovia High School Rated A
About This Home
As of January 2021We are pleased to offer for sale this 2 unit investment property located in the city of Monrovia. Comprised of 2(2Bed/1Bath) units, the subject property offers both garage and open space parking, as well as a private outdoor seating area. Both units are separately metered for Electricity & Gas while the owner pays for Water and Trash. Units offer slightly updated interiors, Central A/C & Heat, and interior Washer/Dryer hookups. One unit will be delivered vacant at the close of escrow.
Last Agent to Sell the Property
RE/MAX 2000 REALTY License #01800021 Listed on: 10/09/2020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1948
Lot Details
- 8,026 Sq Ft Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Parking
- 5 Open Parking Spaces
- 2 Car Garage
- Parking Available
- Assigned Parking
Home Design
- 1,610 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Stacked Washer and Dryer
Additional Features
- Rain Gutters
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 5 / A
- Tax Tract Number 1327
- Assessor Parcel Number 8506018005
Community Details
Overview
- 2 Units
Building Details
- Rent Control
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $650
- Maintenance Expense $1,000
- Other Expense $300
- Trash Expense $396
- Water Sewer Expense $1,860
- New Taxes Expense $9,665
- Operating Expense $13,871
- Gross Income $44,700
- Net Operating Income $29,488
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
May 1, 2023
Sold by
Abernathy Brian T and Abernathy Delna P
Bought by
Wisdoms Charity Trust
Current Estimated Value
Purchase Details
Closed on
Nov 9, 2015
Sold by
Ruzgerian Harry M and Ruzgerian Mary J
Bought by
Ruzgerian Trust
Purchase Details
Closed on
Oct 10, 2012
Sold by
Ruzgerian Harry M and Ruzgerian Mary
Bought by
Ruzgerian Harry M and Ruzgerian Mary J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,500
Interest Rate
3.52%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 1, 2009
Sold by
Ruzgerian Harry M
Bought by
Ruzgerian Harry M and Ruzgerian Mary
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$345,000
Interest Rate
4.87%
Mortgage Type
New Conventional
Purchase Details
Closed on
Sep 29, 2004
Sold by
Ruzgerian Mary J
Bought by
Ruzgerian Harry M
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wisdoms Charity Trust | -- | None Listed On Document | |
| Abernathy Brian T | -- | None Listed On Document | |
| Ruzgerian Trust | -- | None Available | |
| Ruzgerian Harry M | -- | Lawyers Title | |
| Ruzgerian Harry M | -- | Lawyers Title Company | |
| Ruzgerian Harry M | -- | Chicago Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Ruzgerian Harry M | $322,500 | |
| Previous Owner | Ruzgerian Harry M | $345,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/12/2021 01/12/21 | Sold | $830,000 | +0.6% | $516 / Sq Ft |
| 10/16/2020 10/16/20 | Pending | -- | -- | -- |
| 10/09/2020 10/09/20 | For Sale | $825,000 | -- | $512 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $12,391 | $898,417 | $465,445 | $432,972 |
| 2024 | $12,090 | $880,802 | $456,319 | $424,483 |
| 2023 | $11,814 | $863,532 | $447,372 | $416,160 |
| 2022 | $11,473 | $846,600 | $438,600 | $408,000 |
| 2021 | $3,747 | $236,248 | $75,737 | $160,511 |
| 2020 | $3,648 | $233,827 | $74,961 | $158,866 |
| 2019 | $3,590 | $229,243 | $73,492 | $155,751 |
| 2018 | $3,430 | $224,749 | $72,051 | $152,698 |
| 2016 | $3,294 | $216,023 | $69,254 | $146,769 |
| 2015 | $3,227 | $212,779 | $68,214 | $144,565 |
| 2014 | $3,207 | $208,612 | $66,878 | $141,734 |
Source: Public Records
Agents Affiliated with this Home
-
Kristopher German
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV20213002
APN: 8506-018-005
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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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