$1,098,000
SOLD MAY 1, 2025

634 W Olive Ave Unit J Monrovia, CA 91016

3 Beds
3.5 Baths
1,500 Sq Ft
$250/mo HOA Fee

Recently Sold

$732 Per Sq Ft

11 Days on Market

Highlights

  • New Construction
  • 0.94 Acre Lot
  • Spanish Architecture
  • Monrovia High School Rated A
  • Mountain View
  • 2-minute walk to Lucinda Garcia Park

About This Home

As of May 2025

Introducing Olive Cove: A stunning collection of 11 DETACHED contemporary Spanish-style homes in Monrovia! Conveniently located just across the street from the newly renovated Lucinda Garcia Park, these brand-new, two-story homes offer modern comfort and style.Each residence features 3 bedrooms, 2.5 baths, and a private 2-car attached garage. Homes range from 1,424 to 1,588 sq. ft. and boast thoughtfully designed floorplans, high ceilings, a solar panel system, stainless steel appliances, a dedicated laundry area, and designer bathroom tiles. Each unit also includes a private yard space for outdoor enjoyment.Additional amenities include 5 guest parking spaces, gated access, quartz countertops, a 240V outlet in the garage for EV charging, central air conditioning and heating, a burglar alarm system, and tankless water heaters.Nestled in a tranquil cul-de-sac, Olive Cove offers a prime location just minutes from shopping at Trader Joe's, Sprouts, as well as a wide array of dining options. Residents can also enjoy the charm of Old Town Monrovia, with its vibrant shops, weekly farmer’s market, and community events.With easy access to Lucinda Garcia Park and nearby conveniences, Olive Cove provides the perfect blend of modern living and neighborhood charm. Don’t miss the opportunity to own a home in this exclusive community!

Last Agent to Sell the Property

Janet Chan

Advanta Properties, Inc Brokerage Phone: 626-524-2902 License #01818618 Listed on: 02/03/2025

Last Buyer's Agent

Lorraine Pon

Coldwell Banker New Century License #01384340

Coldwell Banker New Century

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $33,803

Year Built

  • Built in 2025 | New Construction

HOA Fees

  • $250 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Auto Driveway Gate

Home Design

  • Spanish Architecture
  • Entry on the 1st floor

Interior Spaces

  • 1,500 Sq Ft Home
  • 2-Story Property
  • Crown Molding
  • High Ceiling
  • Family Room
  • Vinyl Flooring
  • Mountain Views

Kitchen

  • Gas Range
  • Microwave
  • Dishwasher
  • Quartz Countertops
  • Self-Closing Drawers

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Upper Level Bedrooms
  • Bathtub with Shower
  • Walk-in Shower

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage
  • Tankless Water Heater

Additional Features

  • No Common Walls
  • Suburban Location

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 83495
  • Assessor Parcel Number 8506014033
  • Seller Considering Concessions

Community Details

Overview

  • 11 Units
  • Olive Cove Association
  • Cardinal Management HOA

Additional Features

  • Picnic Area
  • Resident Manager or Management On Site

Property Details

Home Type

Condominium

Est. Annual Taxes

$33,803

Year Built

Built in 2025 | New Construction

Lot Details

0

HOA Fees

$250 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Architectural Style: Spanish
  • New Construction: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 8506014033
  • Year Built: 2025
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: NewHome

Interior Features

  • Fireplace: No
  • Living Area: 1500.00 Square Feet
  • Interior Amenities: Crown Molding, High Ceilings, Quartz Counters
  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 732.00
  • Room Type: All Bedrooms Up, Family Room, Kitchen, Primary Bathroom, Primary Bedroom
  • Bathroom Features: Shower, Shower In Tub
  • Room Kitchen Features: Quartz Counters, Self-Closing Drawers

Exterior Features

  • View: Mountain(s)
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Auto Driveway Gate
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Microwave, Tankless Water Heater
  • Electric: 220 Volts in Garage
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Picnic Area, Trash, Management
  • Association Fee: 250.00
  • Association Fee Frequency: Monthly
  • Association Name: Olive Cove
  • Phone: 0000000000
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Suburban
  • Association Management: Cardinal Management

Schools

  • School District: Monrovia Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 40868.00
  • Lot Size Acres: 0.9382

Multi Family

  • Lease Considered: No
  • Lot Size Area: 40868.0000 Square Feet
  • Number Of Units In Community: 11
  • Number Of Units Total: 11

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 83495

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 3, 2025
Closed on
Mar 27, 2025
Sold by
Demirjian Mourad Zaven
Bought by
Zeilana Llc
Seller's Agent
Janet Chan
Advanta Properties, Inc
Buyer's Agent
Lorraine Pon
Coldwell Banker New Century
List Price
$1,098,000
Sold Price
$1,098,000
Views
22
Current Estimated Value
$1,809,282

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$711,282
Avg. Annual Appreciation
228.43%
Original Mortgage
$760,000
Outstanding Balance
$755,925
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$1,053,357

Purchase Details

Listed on
Feb 3, 2025
Closed on
Mar 26, 2025
Sold by
Wang Xiaoru
Bought by
Huang Mintao
Seller's Agent
Janet Chan
Advanta Properties, Inc
Buyer's Agent
Lorraine Pon
Coldwell Banker New Century
List Price
$1,098,000
Sold Price
$1,098,000
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Outstanding Balance
$755,925
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$1,053,357

Purchase Details

Listed on
Feb 3, 2025
Closed on
Mar 19, 2025
Sold by
Demirjian Patil
Bought by
Demirjian Mourad Zaven
Seller's Agent
Janet Chan
Advanta Properties, Inc
Buyer's Agent
Lorraine Pon
Coldwell Banker New Century
List Price
$1,098,000
Sold Price
$1,098,000
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Outstanding Balance
$755,925
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$1,053,357

Purchase Details

Listed on
Feb 3, 2025
Closed on
Mar 18, 2025
Sold by
Walnut Olive Llc
Bought by
Paulas Family Trust and Sipp
Seller's Agent
Janet Chan
Advanta Properties, Inc
Buyer's Agent
Lorraine Pon
Coldwell Banker New Century
List Price
$1,098,000
Sold Price
$1,098,000
Views
22

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Outstanding Balance
$755,925
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$1,053,357

Purchase Details

Closed on
Feb 26, 2025
Sold by
Walnut Olive Llc
Bought by
Demirjian Mourad Zaven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Outstanding Balance
$755,925
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$1,053,357

Purchase Details

Closed on
Feb 21, 2025
Sold by
Walnut Olive Llc
Bought by
Husson Nicolas A and De Pauw Catherine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Outstanding Balance
$755,925
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$1,053,357

Purchase Details

Closed on
Feb 12, 2025
Sold by
Walnut Olive Llc
Bought by
Zhang David Dajun

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Outstanding Balance
$755,925
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$1,053,357

Purchase Details

Closed on
Feb 11, 2025
Sold by
Walnut Olive Llc
Bought by
Wang Xiaoru and Huang Mintao

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,000
Outstanding Balance
$755,925
Interest Rate
6.63%
Mortgage Type
New Conventional
Estimated Equity
$1,053,357
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed -- Fidelity National Title
Quit Claim Deed -- Fidelity National Title
Grant Deed $986,000 Fidelity National Title
Grant Deed $1,088,000 Fidelity National Title
Grant Deed $1,015,000 Fidelity National Title
Grant Deed $1,008,000 Fidelity National Title
Grant Deed $1,013,000 Fidelity National Title
Grant Deed $1,098,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $760,000 New Conventional
Open $1,107,040 FHA
Previous Owner $812,000 New Conventional
Previous Owner $911,598 New Conventional
Previous Owner $408,000 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 Sold $1,098,000 0.0% $732 / Sq Ft
02/14/2025 02/14/25 Pending -- -- --
02/03/2025 02/03/25 For Sale $1,098,000 -- $732 / 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 $33,803 $2,488,041 $2,488,041 --
2024 $33,803 $2,439,256 $2,439,256 --
2023 -- -- -- --
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR25025179

California Regional Multiple Listing Service (CRMLS)

APN: 8506-014-033