NOT LISTED FOR SALE

627 W Lemon Ave Monrovia, CA 91016

Estimated Value: $976,670 - $1,366,000

2 Beds
1 Bath
1,628 Sq Ft
$679/Sq Ft Est. Value

Last Sold December 24, 2012

Last sale price $429,000 $264 Per Sq Ft

Est. 158% increase in value since last sale

Current estimated payment $6,642/month

10 Days on Market

Highlights

  • All Bedrooms Downstairs
  • No HOA
  • Central Heating
  • Monrovia High School Rated A

About This Home

As of December 2012

GREAT HUD DUPLEX IN THE BEAUTIFUL CITY OF MONROVIA!!!!!! LIVE IN ONE UNIT AND RENT THE OTHER!!!Each unit offers 2 bedrooms and 1 bathroom. Located close to schools and shopping centers. Property was built in 1951 and total square footage of both units is 1628. It offers so much potential for your first time buyers and for a growing family. SO bring your buyers and show them this gem of a property. SEE YOU IN ESCROW!!!AGENTS PLEASE READ REMARKS BELOW!!

Last Agent to Sell the Property

Louis Pacheco

Tri-Counties Realty License #01243796 Listed on: 10/02/2012

Last Buyer's Agent

James Fok

Treeline Realty & Investment License #01072120

Treeline Realty & Investment

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,411

Year Built

  • Built in 1951

Lot Details

  • 5,973

Parking

  • 2 Car Garage

Home Design

  • 1,628 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 1 Bathroom

Additional Features

  • 5,973 Sq Ft Lot
  • Central Heating

Listing and Financial Details

  • Tax Lot 25
  • Assessor Parcel Number 8505015025

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,411

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Parcel Number: 8505015025
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Levels: One
  • Price Per Square Foot: 263.51
  • Room Type: All Bedrooms Down

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Heating Type: Central

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 5973.00
  • Lot Size Acres: 0.1370

Multi Family

  • Lot Size Area: 5973.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 25
  • Tax Tract Number: 99999

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 8, 2019
Sold by
Fong Darren
Bought by
Darren Fong Family Trust
Current Estimated Value
$1,105,668

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$415,000
Outstanding Balance
$374,575
Interest Rate
5.62%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$731,093

Purchase Details

Closed on
Sep 24, 2018
Sold by
Fong Darren and Fong Darren Shee Fun
Bought by
Fong Darren and Darren Fong Family Trust

Purchase Details

Listed on
Oct 2, 2012
Closed on
Dec 19, 2012
Sold by
The Secretary Of Housing & Urban Develop
Bought by
Fong Darren Shee Fun
Seller's Agent
Louis Pacheco
Tri-Counties Realty
Buyer's Agent
James Fok
Treeline Realty & Investment
List Price
$400,000
Sold Price
$429,000
Premium/Discount to List
$29,000
7.25%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.75%
Original Mortgage
$343,200
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 12, 2012
Sold by
Federal National Mortgage Association
Bought by
The Secretary Of The Department Of Housi

Purchase Details

Closed on
Feb 15, 2012
Sold by
Evans Eddie L
Bought by
Just Mortgage Inc

Purchase Details

Closed on
Jan 4, 2010
Sold by
Wu Weizi
Bought by
Evans Eddie L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,943
Interest Rate
4.77%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 23, 2008
Sold by
Wells Fargo Bank Na
Bought by
Wu Weizi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$80,000
Interest Rate
5.9%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 23, 2007
Sold by
Prieto Pablo
Bought by
New Century Mortgage Corp

Purchase Details

Closed on
Nov 17, 2005
Sold by
Lazo Baltazar Robert
Bought by
Prieto Pablo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$508,000
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 17, 2005
Sold by
Lazo Monica
Bought by
Lazo Baltazar Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,500
Interest Rate
7.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 29, 2005
Sold by
Yeung Benson K L
Bought by
Lazo Baltazar Robert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$445,500
Interest Rate
7.99%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 21, 1999
Sold by
Yeung Benson K L
Bought by
Yeung Benson K L and Le Catherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$149,500
Interest Rate
6.86%

Purchase Details

Closed on
Jul 9, 1997
Sold by
First Alliance Mtg Company
Bought by
Yeung Benson K L and Le Catherine A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,524
Interest Rate
7.57%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 13, 1997
Sold by
Carden Joseph M
Bought by
First Alliance Mtg Company
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
Darren Fong Family Trust -- Westminster Title
Fong Darren -- Westminster Title
Fong Darren -- Westminster Title
Fong Darren -- None Available
Fong Darren Shee Fun $429,000 Lawyers Title
The Secretary Of The Department Of Housi -- None Available
Just Mortgage Inc $548,501 Accommodation
Evans Eddie L $500,000 Provident Title Company
Evans Eddie L -- Provident Title Company
Wu Weizi $475,000 Fidelity National Title
New Century Mortgage Corp $538,213 None Available
Prieto Pablo $635,000 Fatcola
Lazo Baltazar Robert -- Southland Title
Lazo Baltazar Robert $495,000 Southland Title
Yeung Benson K L -- South Coast Title Company
Yeung Benson K L $149,000 American Title Co
First Alliance Mtg Company $143,986 American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Darren Fong Family Trust $250,000
Open Fong Darren $415,000
Previous Owner Fong Darren Shee Fun $343,200
Previous Owner Evans Eddie L $490,943
Previous Owner Wu Weizi $80,000
Previous Owner Wu Weizi $466,509
Previous Owner Prieto Pablo $165,000
Previous Owner Prieto Pablo $508,000
Previous Owner Lazo Baltazar Robert $445,500
Previous Owner Yeung Benson K L $251,200
Previous Owner Yeung Benson K L $149,500
Previous Owner Yeung Benson K L $146,524
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/24/2012 12/24/12 Sold $429,000 +7.3% $264 / Sq Ft
10/12/2012 10/12/12 Pending -- -- --
10/02/2012 10/02/12 For Sale $400,000 -- $246 / 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 $7,411 $528,271 $405,133 $123,138
2024 $7,411 $517,914 $397,190 $120,724
2023 $7,246 $507,759 $389,402 $118,357
2022 $7,041 $497,804 $381,767 $116,037
2021 $6,902 $488,044 $374,282 $113,762
2020 $6,699 $483,041 $370,445 $112,596
2019 $6,585 $473,571 $363,182 $110,389
2018 $6,392 $464,286 $356,061 $108,225
2016 $6,146 $446,259 $342,236 $104,023
2015 $6,015 $439,557 $337,096 $102,461
2014 $5,960 $430,947 $330,493 $100,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: H12123090

California Regional Multiple Listing Service (CRMLS)

APN: 8505-015-025