NOT LISTED FOR SALE

632 W Palm Ave Monrovia, CA 91016

Estimated Value: $1,059,000 - $1,203,000

3 Beds
2 Baths
1,807 Sq Ft
$622/Sq Ft Est. Value

Last Sold December 09, 2016

Last sale price $660,000 $365 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $6,922/month

84 Days on Market

Highlights

  • Updated Kitchen
  • Mountain View
  • Eat-In Kitchen
  • Monrovia High School Rated A
  • Bonus Room
  • Slab Porch or Patio

About This Home

As of December 2016

This 3 bedroom, 2 bath home has been extensively renovated and includes a permitted room! The living room has a large fireplace and new floors. The remodeled kitchen has new stainless steel appliances, dark wood cabinets with lovely contrasting white counters and popular white brick backsplash, tile floor and a door for easy access to the side yard. The bathrooms have also been nicely remodeled with new vanities, toilets, shower and floor tile. Updates include new HVAC, new plumbing, new water heater, new windows and doors new floors, new light fixtures and LED recessed lighting. Mountain views!

Last Agent to Sell the Property

Ralph Suarez

Engel & Völkers La Canada License #01206855 Listed on: 08/23/2016

Co-Listed By

John Mahli

Engel & Völkers La Canada License #01435720

Last Buyer's Agent

Michael De Perio

COMPASS License #01870969

COMPASS

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,124

Year Built

  • Built in 1944 | Remodeled

Lot Details

  • 7,801 Sq Ft Lot
  • Wrought Iron Fence
  • Brick Fence
  • Paved or Partially Paved Lot
  • Property is zoned MORM*

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 1,807 Sq Ft Home
  • Recessed Lighting
  • Raised Hearth
  • Living Room with Fireplace
  • Bonus Room
  • Laminate Flooring
  • Mountain Views

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Range with Range Hood
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Remodeled Bathroom
  • Tile Bathroom Countertop

Parking

  • Detached Carport Space
  • Parking Available

Outdoor Features

  • Slab Porch or Patio

Utilities

  • Forced Air Heating and Cooling System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Tax Lot 10
  • Assessor Parcel Number 8505015004

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,124

Year Built

Built in 1944 | Remodeled

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Subdivision Name Other: Not Applicable - 1007242
  • View: Yes
  • Zoning: MORM*
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8505015004
  • Year Built: 1944
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1807.00
  • Interior Amenities: Recessed Lighting
  • Entry Location: Living Room
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area
  • Fireplace Features: Living Room, Raised Hearth
  • Levels: One
  • Price Per Square Foot: 365.25
  • Room Type: Bonus Room, Living Room
  • Bathroom Features: Remodeled, Tile Counters
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Brick, Wrought Iron
  • Patio And Porch Features: Slab
  • Roof: Composition
  • Construction Materials: Brick, Stucco, Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Detached Carport

Utilities

  • Heating: Yes
  • Appliances: Dishwasher, Range, Range Hood
  • Heating Type: Forced Air, Natural Gas
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Features: Paved
  • Lot Size Sq Ft: 7801.00
  • Lot Size Acres: 0.1800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7801.0000 Square Feet

Tax Info

  • Tax Lot: 10
  • Tax Tract: 1830

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 23, 2016
Closed on
Oct 28, 2016
Sold by
Ribeye Management Llc
Bought by
Hipolito Ramon Carlo M and Hipolito Liezl Punzalan
Seller's Agent
Ralph Suarez
Engel & Völkers La Canada
Buyer's Agent
Michael De Perio
COMPASS
List Price
$660,000
Sold Price
$660,000
Current Estimated Value
$1,100,598

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$440,598
Avg. Annual Appreciation
6.36%
Original Mortgage
$604,395
Interest Rate
3.5%
Mortgage Type
FHA

Purchase Details

Listed on
Apr 25, 2016
Closed on
Apr 13, 2016
Sold by
Meyer Steven Randolph
Bought by
Ribeye Management Llc
Seller's Agent
Marvin Lee
eXp Realty of California, Inc.
Buyer's Agent
John Kang
Intero Real Estate Services
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
101.10%
Original Mortgage
$340,000
Interest Rate
3.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Apr 25, 2016
Closed on
Mar 18, 2016
Sold by
Meyer Steven Randolph
Bought by
Meyer Steven Randolph
Seller's Agent
Marvin Lee
eXp Realty of California, Inc.
Buyer's Agent
John Kang
Intero Real Estate Services
List Price
$425,000
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
3.68%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 24, 2001
Sold by
Meyer Lore
Bought by
Meyer Lore

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
7.15%
Mortgage Type
Credit Line Revolving
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
Hipolito Ramon Carlo M $660,000 Pacific Coast Title Company
Ribeye Management Llc $425,000 Pacific Coast Title Company
Meyer Steven Randolph -- Pacific Coast Title Company
Meyer Lore -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hipolito Ramon Carlo M $580,000
Closed Hipolito Carlo M $579,000
Closed Hipolito Ramon Carlo M $604,395
Previous Owner Ribeye Management Llc $100,000
Previous Owner Ribeye Management Llc $340,000
Previous Owner Meyer Lore $25,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/09/2016 12/09/16 Sold $660,000 0.0% $365 / Sq Ft
11/15/2016 11/15/16 Pending -- -- --
08/23/2016 08/23/16 For Sale $660,000 +55.3% $365 / Sq Ft
04/25/2016 04/25/16 For Sale $425,000 0.0% $300 / Sq Ft
04/22/2016 04/22/16 Sold $425,000 -- $300 / Sq Ft
02/21/2016 02/21/16 Pending -- -- --
Source: Pasadena-Foothills Association of REALTORS®

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 $10,124 $765,980 $552,899 $213,081
2024 $10,124 $750,961 $542,058 $208,903
2023 $9,889 $736,237 $531,430 $204,807
2022 $9,599 $721,802 $521,010 $200,792
2021 $9,410 $707,650 $510,795 $196,855
2019 $8,956 $686,663 $495,646 $191,017
2018 $8,746 $673,200 $485,928 $187,272
2016 $1,052 $55,027 $14,469 $40,558
2015 $1,031 $54,201 $14,252 $39,949
2014 $1,030 $53,140 $13,973 $39,167
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-316008002

Pasadena-Foothills Association of REALTORS®

APN: 8505-015-004