NOT LISTED FOR SALE

709 E Palm Ave Monrovia, CA 91016

Estimated Value: $931,000 - $988,000

2 Beds
1 Bath
912 Sq Ft
$1,053/Sq Ft Est. Value

Last Sold October 11, 2024

Last sale price $898,000 $985 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $5,359/month

23 Days on Market

Highlights

  • Mountain View
  • Traditional Architecture
  • Private Yard
  • Clifton Middle School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of October 2024

This beautifully maintained south-facing home in the heart of Monrovia boasts exceptional curb appeal with a charming covered front porch. Step inside to discover original hardwood floors throughout the spacious living room, dining room, and two bedrooms. The kitchen features oak cabinets, Corian countertops, recessed lighting, and Frigidaire appliances, offering both functionality and style. One of the bedrooms features a large sliding glass door that opens to a large wood deck, ideal for morning coffee or evening relaxation. The home is equipped with a newer HVAC and roofing, ensuring comfort and peace of mind. The backyard is a true oasis. Along with the beautiful mature Hass avocado tree, you will find a park-like landscape including trees, shrubs, flowers and pathways. Additional amenities include dual-pane windows for energy efficiency and a driveway and front walkway adorned with concrete and brick ribbons. Detached garage and a 205 sq ft workshop and storage unit. Don’t miss the opportunity to own this lovely home that perfectly blends classic charm with modern conveniences. Close to the quaint area of Downtown Monrovia, which features restaurants, movie theater, shopping, library, and much more.

Last Agent to Sell the Property

Joe Chiovare

Coldwell Banker Realty Brokerage Phone: 626-945-2236 License #01931960 Listed on: 08/19/2024

Coldwell Banker Realty

Last Buyer's Agent

David Knight

Keller Williams Realty License #01829234

Keller Williams Realty

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1936

Lot Details

  • 7,055 Sq Ft Lot
  • Landscaped
  • Front and Back Yard Sprinklers
  • Private Yard
  • Lawn
  • Property is zoned MORL*

Parking

  • 1 Car Garage

Home Design

  • Traditional Architecture
  • Entry on the 1st floor
  • Asphalt Roof

Interior Spaces

  • 912 Sq Ft Home
  • 1-Story Property
  • Recessed Lighting
  • Double Pane Windows
  • Sliding Doors
  • Living Room
  • Dining Room
  • Wood Flooring
  • Mountain Views
  • Corian Countertops
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom
  • Bathtub with Shower

Outdoor Features

  • Patio
  • Outdoor Storage
  • Rain Gutters
  • Front Porch

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Legal Lot and Block 36 / A
  • Tax Tract Number 5315
  • Assessor Parcel Number 8517025024
  • $536 per year additional tax assessments
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Year Built

Built in 1936

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: MORL*
  • Architectural Style: Traditional
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8517025024
  • Year Built: 1936
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 912.00 Square Feet
  • Interior Amenities: Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Dining Room
  • Entry Level: 1
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 984.65
  • Room Type: Living Room
  • Window Features: Double Pane Windows
  • Bathroom Features: Bathtub, Shower In Tub
  • Room Kitchen Features: Corian Counters

Exterior Features

  • Patio: Yes
  • Other Structures: Storage
  • View: Mountain(s)
  • Patio And Porch Features: Front Porch, Rear Porch
  • Pool Private: No
  • Roof: Asphalt
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Gutters, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Lawn, Sprinklers In Front, Sprinklers In Rear, Sprinklers Timer, Yard
  • Lot Size Sq Ft: 7055.00
  • Lot Size Acres: 0.1620

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7055.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: A
  • Tax Census Tract: 4310.02
  • Tax Lot: 36
  • Tax Tract Number: 5315
  • TaxOtherAnnualAssessmentAmount: 536.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 19, 2024
Closed on
Sep 24, 2024
Sold by
William Francis Sedey Trust and Silvia April
Bought by
Miller Gregory Alan Loe and Miller Christina Marie
Seller's Agent
Joe Chiovare
Coldwell Banker Realty
Buyer's Agent
David Knight
Keller Williams Realty
List Price
$898,000
Sold Price
$898,000
Views
55
Current Estimated Value
$960,455

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$62,455
Avg. Annual Appreciation
5.76%
Original Mortgage
$323,000
Outstanding Balance
$319,604
Interest Rate
6.35%
Mortgage Type
New Conventional
Estimated Equity
$640,851

Purchase Details

Closed on
Mar 24, 2010
Sold by
Sedey William F
Bought by
Sedey William F and William F Sedey Trust

Purchase Details

Closed on
May 16, 2007
Sold by
Sedey William F and Frank J Sedey Revocable Trust
Bought by
Sedey William F

Purchase Details

Closed on
Jan 31, 2006
Sold by
Sedey Charles
Bought by
Sedey William F

Purchase Details

Closed on
Jan 11, 2006
Sold by
Sedey April
Bought by
Sedey William F

Purchase Details

Closed on
Mar 23, 1995
Sold by
Sedey Frank J
Bought by
Sedey Frank J and The Sedey Revocable Trust
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
Miller Gregory Alan Loe $898,000 Equity Title - Los Angeles
Sedey William F -- None Available
Sedey William F -- None Available
Sedey William F -- None Available
Sedey William F -- None Available
Sedey Frank J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Miller Gregory Alan Loe $323,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/11/2024 10/11/24 Sold $898,000 0.0% $985 / Sq Ft
09/11/2024 09/11/24 Pending -- -- --
08/19/2024 08/19/24 For Sale $898,000 -- $985 / 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 $3,919 $898,000 $700,000 $198,000
2024 $3,919 $270,325 $235,251 $35,074
2023 $3,829 $265,026 $230,639 $34,387
2022 $3,721 $259,830 $226,117 $33,713
2021 $3,646 $254,736 $221,684 $33,052
2019 $3,481 $247,182 $215,109 $32,073
2018 $3,369 $242,337 $210,892 $31,445
2016 $3,238 $232,928 $202,703 $30,225
2015 $3,168 $229,430 $199,659 $29,771
2014 $3,140 $224,936 $195,748 $29,188
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR24171531

California Regional Multiple Listing Service (CRMLS)

APN: 8517-025-024