NOT LISTED FOR SALE

701 W Olive Ave Monrovia, CA 91016

Estimated Value: $907,000 - $1,013,000

2 Beds
1 Bath
1,101 Sq Ft
$865/Sq Ft Est. Value

Last Sold December 16, 2016

Last sale price $625,000 $568 Per Sq Ft

Est. 52% increase in value since last sale

Current estimated payment $5,738/month

54 Days on Market

Highlights

  • In Ground Pool
  • Updated Kitchen
  • Wood Flooring
  • Monrovia High School Rated A
  • Traditional Architecture
  • Eat-In Kitchen

About This Home

As of December 2016

This home has been remodeled and upgraded with character and custom features throughout. Property boast 2 bedrooms and 1 bathroom, entry room, living room, sitting room/den, and stylized kitchen, all with attractive woodworking. Spacious 1100 Square foot house, plus unpermitted room attached to oversize two car garage. Custom woodwork throughout brings out the charm. Driveway is built from pavers adding to the overall appeal, with fruit trees and an inviting pool completing the back yard.

Last Agent to Sell the Property

Casey Morrisey

Derrick Paine, Broker License #01254207 Listed on: 10/22/2016

Co-Listed By

Sharon Morrisey

Morrissey and Company License #00558171

Last Buyer's Agent

Tina Keuroghlian

JohnHart Real Estate License #01880857

JohnHart Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1929 | Remodeled

Lot Details

  • 6,771 Sq Ft Lot
  • South Facing Home
  • Block Wall Fence
  • Landscaped
  • Back and Front Yard
  • Property is zoned MORM*

Parking

  • 2 Car Garage

Home Design

  • Traditional Architecture
  • Raised Foundation

Interior Spaces

  • 1,101 Sq Ft Home
  • Decorative Fireplace
  • Living Room with Fireplace

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen
  • Gas Range

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Remodeled Bathroom
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage
  • Gas And Electric Dryer Hookup

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Outdoor Features

  • In Ground Pool
  • Rain Gutters

Listing and Financial Details

  • Assessor Parcel Number 8506012022

Home Details

Home Type

Single Family

Year Built

Built in 1929 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: MORM*
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8506012022
  • Year Built: 1929
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1101.00
  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Eating Area: Area
  • Fireplace Features: Decorative, Living Room
  • Levels: One
  • Price Per Square Foot: 567.67
  • Bathroom Features: Remodeled
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Direction Faces: South
  • Foundation: Raised
  • Exterior Features: Rain Gutters
  • Fence: Yes
  • Fencing: Block
  • Pool Features: In Ground
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Appliances: Gas Range
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped
  • Lot Size Sq Ft: 6771.00
  • Lot Size Acres: 0.1600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6771.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 22, 2016
Closed on
Nov 15, 2016
Sold by
Carlson Scott Joseph
Bought by
Dejesus Gerald and Raposas Clarissa
Seller's Agent
Casey Morrisey
Derrick Paine, Broker
Buyer's Agent
Tina Keuroghlian
JohnHart Real Estate
List Price
$625,000
Sold Price
$625,000
Current Estimated Value
$952,416

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$327,416
Avg. Annual Appreciation
4.73%
Original Mortgage
$500,000
Outstanding Balance
$402,925
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$549,491

Purchase Details

Closed on
Jun 6, 2006
Sold by
Liu Fang Qin
Bought by
Carlson Scott Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$362,000
Interest Rate
6.55%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Mar 13, 2000
Sold by
Federal National Mortgage Association
Bought by
Carlson Scott Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
8.38%

Purchase Details

Closed on
Sep 17, 1999
Sold by
Garcia Guadalupe
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Jun 14, 1996
Sold by
Rodriguez Guadalupe
Bought by
Garcia Adriana

Purchase Details

Closed on
Oct 24, 1995
Sold by
Garcia Roberto and Garcia Margarita
Bought by
Garcia Guadalupe

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
7.67%

Purchase Details

Closed on
Dec 12, 1993
Sold by
Garcia Guadalupe
Bought by
Garcia Roberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,750
Interest Rate
6.81%

Purchase Details

Closed on
Oct 19, 1993
Sold by
Pineda Virginia
Bought by
Garcia Guadalupe

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$137,750
Interest Rate
6.81%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Dejesus Gerald $625,000 Chicago Title
Carlson Scott Joseph -- Chicago Title Co
Carlson Scott Joseph $170,000 Chicago Title Co
Federal National Mortgage Association $144,245 American Title
Garcia Adriana -- --
Garcia Guadalupe -- United Title Company
Garcia Roberto -- --
Garcia Guadalupe $145,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dejesus Gerald $500,000
Previous Owner Carlson Scott Joseph $362,000
Previous Owner Carlson Scott Joseph $170,000
Previous Owner Garcia Guadalupe $25,000
Previous Owner Garcia Guadalupe $137,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2016 12/16/16 Sold $625,000 0.0% $568 / Sq Ft
12/15/2016 12/15/16 Pending -- -- --
10/22/2016 10/22/16 For Sale $625,000 -- $568 / Sq Ft
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 $9,686 $725,360 $520,057 $205,303
2024 $9,686 $711,138 $509,860 $201,278
2023 $9,463 $697,195 $499,863 $197,332
2022 $9,187 $683,525 $490,062 $193,463
2021 $9,010 $670,123 $480,453 $189,670
2019 $8,578 $650,249 $466,203 $184,046
2018 $8,367 $637,500 $457,062 $180,438
2016 $3,092 $220,706 $166,053 $54,653
2015 $3,025 $217,392 $163,559 $53,833
2014 $2,999 $213,135 $160,356 $52,779
Source: Public Records

Agents Affiliated with this Home

  • C

    Seller's Agent in 2016

    Casey Morrisey

    Derrick Paine, Broker

  • S

    Seller Co-Listing Agent in 2016

    Sharon Morrisey

    Morrissey and Company

  • Tina Keuroghlian

    Buyer's Agent in 2016

    Tina Keuroghlian

    JohnHart Real Estate

    (818) 262-0621

    26 Total Sales

    Tina Keuroghlian
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-316009920

Pasadena-Foothills Association of REALTORS®

APN: 8506-012-022

California Los Angeles County Monrovia 91016

701 W Olive Ave, Monrovia, CA

Not Listed for Sale

Detached

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