635 W Colorado Blvd Monrovia, CA 91016
2
Beds
1
Bath
1,607
Sq Ft
7,308
Sq Ft Lot
Highlights
- Mountain View
- Traditional Architecture
- No HOA
- Monrovia High School Rated A
- Corner Lot
- Cooling System Mounted To A Wall/Window
About This Home
As of June 2023The best deal in town! This lovely Duplex is in a very desirable location close to shopping and transportation. Enjoy all that Monrovia has to offer! Each unit has their own garage space and there is plenty of private recreation space included! Newer roofs and move in fresh, this property will not disappoint the most sophisticated buyer. There is newer hardwood flooring, newer stoves and all major appliances are included. Now is a great time to invest, the upside is limitless.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $14,986
Year Built
- Built in 1948
Lot Details
- 7,308 Sq Ft Lot
- 1 Common Wall
- Corner Lot
Parking
- 2 Open Parking Spaces
- 2 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Duplex
- Traditional Architecture
- Asphalt Roof
- Stucco
Interior Spaces
- 1,607 Sq Ft Home
- 1-Story Property
- Storage
- Carpet
- Mountain Views
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Bathroom
Laundry
- Laundry Room
- Laundry in Garage
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Standard Electricity
- Cable TV Available
Additional Features
- Rain Gutters
- Suburban Location
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, telephone
- Assessor Parcel Number 8505018010
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- 2 Leased Units
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $500
- Trash Expense $50
- Water Sewer Expense $50
- New Taxes Expense $9,100
- Operating Expense $1,740
- Gross Income $36,366
- Net Operating Income $34,626
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Apr 27, 2023
Closed on
May 17, 2023
Sold by
Chan Hau Fat and Oi Lan
Bought by
Nigoghosian Harry and Nigoghosian Ankin
Seller's Agent
Danny Hy
Pinnacle Real Estate Group
Buyer's Agent
Danny Hy
Pinnacle Real Estate Group
List Price
$1,050,000
Sold Price
$1,080,000
Premium/Discount to List
$30,000
2.86%
Views
79
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$129,396
Avg. Annual Appreciation
5.40%
Original Mortgage
$594,000
Outstanding Balance
$578,858
Interest Rate
6.43%
Mortgage Type
Construction
Estimated Equity
$630,538
Purchase Details
Listed on
Mar 11, 2017
Closed on
Mar 20, 2017
Sold by
Hopper Dustin J
Bought by
Chan Hau Fat and Lee Oi Lan
Seller's Agent
Tom Adams
Century 21 Adams & Barnes
Buyer's Agent
Danny Hy
Pinnacle Real Estate Group
List Price
$728,000
Sold Price
$720,000
Premium/Discount to List
-$8,000
-1.1%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.77%
Purchase Details
Closed on
Nov 24, 2010
Sold by
Montgomery Andrew Bryan
Bought by
Hopper Dustin J
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$369,963
Interest Rate
4.25%
Mortgage Type
FHA
Purchase Details
Closed on
Jun 26, 2003
Sold by
Montgomery Andrew
Bought by
Montgomery Andrew Bryan and Montgomery Corran Marie
Purchase Details
Closed on
Mar 2, 2000
Sold by
Klein Frank F Tr Frank F Klein Trust
Bought by
Montgomery Andrew and Montgomery Corran
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
8.38%
Mortgage Type
Seller Take Back
Purchase Details
Closed on
Nov 9, 1998
Sold by
Klein Frank F
Bought by
Klein Frank Franz and Revocable Trust Of Frank Franz Klein
Similar Homes in Monrovia, CA
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 | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,080,000 | Ticor Title Company | |
| Grant Deed | $720,000 | Chicago Title | |
| Grant Deed | $407,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | $185,000 | Chicago Title | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $594,000 | Construction | |
| Previous Owner | $369,963 | FHA | |
| Previous Owner | $0 | Unknown | |
| Previous Owner | $25,000 | Unknown | |
| Previous Owner | $165,000 | Seller Take Back |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/08/2023 06/08/23 | Sold | $1,080,000 | +2.9% | $672 / Sq Ft |
| 05/16/2023 05/16/23 | Pending | -- | -- | -- |
| 04/27/2023 04/27/23 | For Sale | $1,050,000 | +45.8% | $653 / Sq Ft |
| 03/30/2017 03/30/17 | Sold | $720,000 | -1.1% | $448 / Sq Ft |
| 03/11/2017 03/11/17 | For Sale | $728,000 | -- | $453 / 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 | $14,986 | $1,123,632 | $676,260 | $447,372 |
| 2024 | $14,986 | $1,101,600 | $663,000 | $438,600 |
| 2023 | $11,004 | $803,169 | $481,902 | $321,267 |
| 2022 | $10,686 | $787,421 | $472,453 | $314,968 |
| 2021 | $10,478 | $771,983 | $463,190 | $308,793 |
| 2019 | $9,979 | $749,087 | $449,452 | $299,635 |
| 2018 | $9,748 | $734,400 | $440,640 | $293,760 |
| 2016 | $5,994 | $440,477 | $335,500 | $104,977 |
| 2015 | $5,864 | $433,862 | $330,461 | $103,401 |
| 2014 | -- | $425,364 | $323,988 | $101,376 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2023
Danny Hy
Pinnacle Real Estate Group
(626) 831-2709
1 in this area
59 Total Sales
-
Seller's Agent in 2017
Tom Adams
Century 21 Adams & Barnes
(626) 358-1858
15 in this area
47 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR17050058
APN: 8505-018-010
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