NOT LISTED FOR SALE

635 W Palm Ave Monrovia, CA 91016

Estimated Value: $1,026,000 - $1,214,000

3 Beds
2 Baths
1,660 Sq Ft
$696/Sq Ft Est. Value

Last Sold December 08, 2015

Last sale price $715,000 $431 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $7,033/month

15 Days on Market

Highlights

  • Above Ground Pool
  • Solar Power System
  • View of Hills
  • Monrovia High School Rated A
  • All Bedrooms Downstairs
  • Wood Flooring

About This Home

As of December 2015

The BEST of both worlds - the old world charm of a 1920s California bungalow with the modern amenities of a new home. Featuring three bedrooms and two full bathrooms, this wonderful home has been substantially remodeled from top to bottom. Renovations include new plumbing, electrical, windows, central heating and air conditioning systems, and tank-less water heater. The remodeled kitchen and bathrooms offer the character of the period as well as the comforts of modern quality upgrades. The exterior features new landscaping as well as a new above-ground pool surrounded by redwood decking and enclosure. The home also includes some "green" additions such as a solar panel system, electrical car-charging outlet and drought-tolerant front landscaping. There are too many items to list! The home has never been lived in since being remodeled, so it will truly be a "brand new" home for its next owner.

Last Agent to Sell the Property

Wendy Gruber

Seven Gables Real Estate License #01798822 Listed on: 10/20/2015

Seven Gables Real Estate

Last Buyer's Agent

Idea Lin

Coldwell Banker New Century License #01030781

Coldwell Banker New Century

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,176

Year Built

  • Built in 1921 | Remodeled

Lot Details

  • 7,344 Sq Ft Lot
  • Fenced
  • Fence is in good condition
  • Paved or Partially Paved Lot
  • Sprinklers on Timer
  • Back and Front Yard

Parking

  • 1 Car Garage
  • Parking Available
  • Garage Door Opener
  • Driveway

Property Views

  • Hills
  • Neighborhood

Home Design

  • Bungalow
  • Turnkey
  • Combination Foundation
  • Asphalt Roof
  • Copper Plumbing

Interior Spaces

  • 1,660 Sq Ft Home
  • Built-In Features
  • Crown Molding
  • Ceiling Fan
  • Recessed Lighting
  • Fireplace
  • Sliding Doors
  • Separate Family Room
  • Living Room

Kitchen

  • Water Line To Refrigerator
  • Dishwasher
  • Stone Countertops
  • Disposal

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Home Security

  • Home Security System
  • Carbon Monoxide Detectors

Eco-Friendly Details

  • Solar Power System
  • Water-Smart Landscaping

Outdoor Features

  • Above Ground Pool
  • Patio
  • Front Porch

Utilities

  • Central Heating and Cooling System
  • High-Efficiency Water Heater
  • Water Softener
  • Septic Type Unknown

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 1830
  • Assessor Parcel Number 8505012003

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,176

Year Built

Built in 1921 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Security System
  • View: Yes
  • Architectural Style: Bungalow
  • Property Condition: Updated/Remodeled, Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8505012003
  • Year Built: 1921
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1660.00
  • Interior Amenities: Built-in Features, Ceiling Fan(s), Crown Molding, Copper Plumbing Full, Recessed Lighting, Stone Counters
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Door Features: Sliding Doors
  • Levels: One
  • Price Per Square Foot: 430.72
  • Room Type: All Bedrooms Down, Family Room, Living Room, Separate Family Room

Exterior Features

  • Patio: Yes
  • Foundation: Combination
  • View: Hills, Neighborhood
  • Fence: Yes
  • Fencing: Good Condition
  • Patio And Porch Features: Porch, Front Porch, Patio
  • Pool Features: Above Ground
  • Pool Private: Yes
  • Roof: Asphalt

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway, Garage, Garage Door Opener
  • Total Parking Spaces: 1.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Water Line to Refrigerator, Water Softener
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Foothills

Schools

  • School District: Monrovia Unified

Green Features

  • Green Water Conservation: Water-Smart Landscaping
  • Efficiency: Water Heater
  • Green Power: Solar

Lot Info

  • Lot Features: Back Yard, Front Yard, Lot 6500-9999, Paved, Sprinklers Timer, Sprinkler System
  • Lot Size Sq Ft: 7344.00
  • Price Per Lot Square Foot: 97.36
  • Lot Size Acres: 0.1690

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7344.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 2
  • Tax Tract Number: 1830

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2015
Closed on
Dec 1, 2015
Sold by
Spear Sean L
Bought by
Liang Sophia
Seller's Agent
Wendy Gruber
Seven Gables Real Estate
Buyer's Agent
Idea Lin
Coldwell Banker New Century
List Price
$649,000
Sold Price
$715,000
Premium/Discount to List
$66,000
10.17%
Current Estimated Value
$1,155,525

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$440,525
Avg. Annual Appreciation
5.08%
Original Mortgage
$455,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 8, 2005
Sold by
Macmillan Finlay J and Macmillan Sigrid S
Bought by
Spear Sean L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
4.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jun 7, 2005
Sold by
Pascual Spear Amelita
Bought by
Spear Sean L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
4.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 22, 2005
Sold by
Spear Sean L
Bought by
Spear Sean L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$496,000
Interest Rate
4.75%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 12, 2004
Sold by
Macmillan Finlay J
Bought by
Macmillan Finlay J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,417
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 5, 2004
Sold by
Macmillan Sigrid S
Bought by
Macmillan Finlay J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$262,417
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 9, 2002
Sold by
Macmillan Finlay J
Bought by
Macmillan Finlay J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.25%

Purchase Details

Closed on
Jan 3, 2002
Sold by
Macmillan Sigrid S
Bought by
Macmillan Finlay J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$224,000
Interest Rate
6.25%

Purchase Details

Closed on
Sep 15, 1999
Sold by
Macmillan Finlay J
Bought by
Macmillan Finlay J

Purchase Details

Closed on
Aug 13, 1999
Sold by
Macmillan Sigrid S
Bought by
Macmillan Finley J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,400
Interest Rate
7.62%

Purchase Details

Closed on
Jul 12, 1999
Sold by
West Kent and West Maia Autrey
Bought by
Macmillan Finley J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,400
Interest Rate
7.62%

Purchase Details

Closed on
Apr 8, 1998
Sold by
West Kent Steven
Bought by
West Kent Steven

Purchase Details

Closed on
Sep 12, 1996
Sold by
Quality Mtg Usa Inc
Bought by
West Kent Steven

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
8.11%

Purchase Details

Closed on
Aug 7, 1996
Sold by
Quality Mtg Usa Inc
Bought by
Bankers Trust Company

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,000
Interest Rate
8.11%

Purchase Details

Closed on
Feb 19, 1996
Sold by
Browning David L and Browning Lynda M
Bought by
Quality Mtg Usa Inc

Purchase Details

Closed on
Dec 6, 1995
Sold by
Browning David L
Bought by
Schimmer Katalin
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 Buyer Sale Price Title Company
Liang Sophia $715,000 North American Title
Spear Sean L $620,000 Southland Title Corporation
Spear Sean L -- Southland Title Corporation
Spear Sean L -- Southland Title Corporation
Macmillan Finlay J -- --
Macmillan Finlay J -- Ticor Title Company Of Calif
Macmillan Finlay J -- --
Macmillan Finlay J -- Old Republic Title Company
Macmillan Finlay J -- First Southwestern Title
Macmillan Finley J -- Southland Title Corporation
Macmillan Finley J $248,000 Southland Title Corporation
West Kent Steven -- --
West Kent Steven $165,000 Fidelity National Title
Quality Mtg Usa Inc $1,000 Fidelity National Title
Bankers Trust Company -- Fidelity National Title Ins
Quality Mtg Usa Inc $212,079 Fidelity National Title Ins
Schimmer Katalin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liang Sophia $455,000
Previous Owner Spear Sean L $496,000
Previous Owner Macmillan Finlay J $262,417
Previous Owner Macmillan Finlay J $224,000
Previous Owner Macmillan Finley J $198,400
Previous Owner West Kent Steven $103,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/08/2015 12/08/15 Sold $715,000 +10.2% $431 / Sq Ft
11/04/2015 11/04/15 Pending -- -- --
10/20/2015 10/20/15 For Sale $649,000 -- $391 / 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 $11,176 $846,409 $537,796 $308,613
2024 $11,176 $829,813 $527,251 $302,562
2023 $10,917 $813,543 $516,913 $296,630
2022 $10,597 $797,592 $506,778 $290,814
2021 $10,389 $781,954 $496,842 $285,112
2019 $9,886 $758,762 $482,106 $276,656
2018 $9,637 $743,885 $472,653 $271,232
2016 $9,264 $715,000 $454,300 $260,700
2015 $7,498 $578,400 $391,800 $186,600
2014 $5,803 $437,000 $296,000 $141,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR15229031

California Regional Multiple Listing Service (CRMLS)

APN: 8505-012-003