NOT LISTED FOR SALE

651 King St Monrovia, CA 91016

Estimated Value: $980,000 - $1,194,000

4 Beds
3 Baths
1,575 Sq Ft
$706/Sq Ft Est. Value

Last Sold July 20, 2020

Last sale price $800,000 $508 Per Sq Ft

Est. 39% increase in value since last sale

Current estimated payment $7,030/month

28 Days on Market

Highlights

  • Laundry Room
  • Central Air
  • Back Yard
  • Monrovia High School Rated A

About This Home

As of July 2020

Loaded with Character, located at end of cul-de-sac and so convenient. Short walk to Huntington drive shopping and restaurants, transportation, Monroe elementary school, and Monrovia High school. Front house is 3 bedroom/2 baths, high coved ceilings, living room, large dining room, central a/c and heat, newer kitchen, many upgrades, move in shape. Could be a great owner-occupied unit with LEGAL 2nd unit or guest house as rental or mother in law, or ADU. Separate electric and gas meters. The 2nd unit is 1 bedroom, living room, 1 bath. Both units have separate private yard areas. 2 car garage plus additional off street parking available. Great location, nice area! View Matterports: https://my.matterport.com/show/?m=PBDHTcu8VGR & https://my.matterport.com/show/?m=XeB1B9GuGHw

Last Agent to Sell the Property

The Mark and Al Team

CENTURY 21 MASTERS License #00914322 Listed on: 05/20/2020

CENTURY 21 MASTERS

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,621

Year Built

  • Built in 1950

Lot Details

  • 8,049 Sq Ft Lot
  • No Common Walls
  • Back Yard

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • 1,575 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Air
  • Septic Type Unknown

Listing and Financial Details

  • Legal Lot and Block 12 / A
  • Tax Tract Number 1327
  • Assessor Parcel Number 8506018013

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $1,596
  • Trash Expense $396
  • Water Sewer Expense $1,500
  • New Taxes Expense $9,540
  • Operating Expense $14,376
  • Gross Income $48,000
  • Net Operating Income $33,624

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,621

Year Built

Built in 1950

Lot Details

0

Parking

2

Listing Details

  • CapRate: 4.23
  • Property Attached: No
  • Water Sewer Expenses: 1500.00
  • Zoning: MORM*
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 8506018013
  • Year Built: 1950
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 507.94

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Unknown
  • Trash Expense: 396.00
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 8049.00
  • Lot Size Acres: 0.1848

Multi Family

  • Gross Income: 48000.00
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 1596.00
  • Lot Size Area: 8049.0000 Square Feet
  • Net Operating Income: 33624.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 14376.00
  • Rent Control: No
  • Total Expenses: 14376.00

Tax Info

  • New Taxes Expense: 9540.00
  • Tax Block: A
  • Tax Census Tract: 4309.01
  • Tax Lot: 12
  • Tax Tract Number: 1327

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 2, 2021
Sold by
Cabuto Mairen and Campos Azareel
Bought by
Campos Azareel and Cabuto Mairen
Current Estimated Value
$1,112,630

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$745,000
Outstanding Balance
$681,325
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$383,081

Purchase Details

Listed on
May 20, 2020
Closed on
Jul 16, 2020
Sold by
Campos Elia M
Bought by
Campos Azareel
Seller's Agent
The Mark and Al Team
CENTURY 21 MASTERS
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$795,000
Sold Price
$800,000
Premium/Discount to List
$5,000
0.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.76%
Original Mortgage
$732,600
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Listed on
May 20, 2020
Closed on
Jul 2, 2020
Sold by
Klawitter Hartmut and Klawitter Karen
Bought by
Cabuto Mairen and Campos Azareel
Seller's Agent
The Mark and Al Team
CENTURY 21 MASTERS
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$795,000
Sold Price
$800,000
Premium/Discount to List
$5,000
0.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$732,600
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 30, 2006
Sold by
Klawitter Hartmut and Mchenry Klawitter Karen
Bought by
Klawitter Hartmut and Klawitter Karen

Purchase Details

Closed on
Jun 4, 2002
Sold by
Luszeck Hubert and Luszeck Henriette R
Bought by
Klawitter Hartmut and Mchenry Klawitter Karen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
6.71%
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
Campos Azareel -- Usa National Title Company
Campos Azareel -- Chicago Title Company
Cabuto Mairen $800,000 Chicago Title
Klawitter Hartmut -- None Available
Klawitter Hartmut $300,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Campos Azareel $745,000
Closed Cabuto Mairen $732,600
Previous Owner Klawitter Hartmut $237,000
Previous Owner Klawitter Hartmut $240,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/20/2020 07/20/20 Sold $800,000 0.0% $508 / Sq Ft
06/17/2020 06/17/20 Pending -- -- --
06/11/2020 06/11/20 Off Market $800,000 -- --
05/20/2020 05/20/20 For Sale $795,000 -- $505 / 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 $11,621 $865,943 $671,106 $194,837
2024 $11,621 $848,965 $657,948 $191,017
2023 $11,355 $832,320 $645,048 $187,272
2022 $11,026 $816,000 $632,400 $183,600
2021 $10,811 $800,000 $620,000 $180,000
2020 $5,607 $397,277 $140,368 $256,909
2019 $5,511 $389,488 $137,616 $251,872
2018 $5,377 $381,852 $134,918 $246,934
2016 $5,170 $367,027 $129,680 $237,347
2015 $5,060 $361,515 $127,733 $233,782
2014 $5,018 $354,434 $125,231 $229,203
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20095891

California Regional Multiple Listing Service (CRMLS)

APN: 8506-018-013