NOT LISTED FOR SALE

712 Montana St Monrovia, CA 91016

Estimated Value: $1,258,000 - $1,795,000

3 Beds
2 Baths
4,094 Sq Ft
$374/Sq Ft Est. Value

Last Sold December 21, 2020

Last sale price $1,330,000 $325 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $9,368/month

14 Days on Market

Highlights

  • 0.37 Acre Lot
  • Laundry Room
  • Central Heating and Cooling System
  • Plymouth Elementary School Rated A-

About This Home

As of December 2020

Four recently renovated units consisting of 1 single-family home, and triplex. Front house is a 3+2, and rear triplex consists of (2) 2+1 units upstairs and (1) 2+2 unit below. Front house has a large detached 2 car garage, and each triplex unit has a 1 car garage. The property has an additional 8 parking spaces. Each unit has AC, and in-unit laundry hookups. Located near Trader Joe's, additional shopping, dining, freeway and Gold Line access. Upgrades over the past five years include; bathroom and kitchen updating, new appliances, new windows, new water heaters, new electric panels, and roof.

Last Agent to Sell the Property

Parker Shaw

Keller Williams West Ventura C License #01740891 Listed on: 11/18/2020

Keller Williams West Ventura C

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,366

Year Built

  • Built in 1948

Lot Details

  • 0.37 Acre Lot
  • 1 Common Wall
  • No Sprinklers
  • Includes parcel #'s: 8507-010-040/36

Parking

  • 5 Car Garage

Home Design

  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Central Heating and Cooling System
  • Wall Furnace

Additional Features

  • Laundry Room
  • Suburban Location

Listing and Financial Details

  • Tax Lot 567
  • Tax Tract Number 430
  • Assessor Parcel Number 8507010040

Community Details

Overview

  • 3 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Fuel Expense $250
  • Insurance Expense $2,717
  • Trash Expense $2,470
  • Water Sewer Expense $2,171
  • New Taxes Expense $16,678
  • Operating Expense $32,750
  • Gross Income $89,604
  • Net Operating Income $55,062

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,366

Year Built

Built in 1948

Lot Details

0

Parking

5

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable
  • View: No
  • Water Sewer Expenses: 2171.00
  • Property Type: Residential Income
  • Parcel Number: 8507010040
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central, Wall Furnace
  • Laundry Features: Inside
  • Trash Expense: 2470.00
  • Cooling: Central Air, Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: Includes parcel #'s: 8507-010-040/36
  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 15950.00
  • Lot Size Acres: 0.3700

Multi Family

  • Fuel Expense: 250.00
  • Gross Income: 89604.00
  • Gross Scheduled Income: 89604.00
  • Insurance Expense: 2717.00
  • Lot Size Area: 15950.0000 Square Feet
  • Net Operating Income: 55062.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 32750.00
  • Rent Control: No
  • Total Expenses: 32750.00

Tax Info

  • New Taxes Expense: 16678.00
  • Tax Lot: 567
  • Tax Tract Number: 430...

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 18, 2020
Closed on
Dec 21, 2020
Sold by
Goshorn Shirley D and The Goshorn Family Trust
Bought by
Ni Victor Zhengzhong
Seller's Agent
Parker Shaw
Keller Williams West Ventura C
List Price
$1,350,000
Sold Price
$1,330,000
Premium/Discount to List
-$20,000
-1.48%
Current Estimated Value
$1,530,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$200,000
Avg. Annual Appreciation
3.68%

Purchase Details

Listed on
Nov 18, 2020
Closed on
Dec 19, 2020
Sold by
Chen Ying
Bought by
Ni Victor Zhengzhong
Seller's Agent
Parker Shaw
Keller Williams West Ventura C
List Price
$1,350,000
Sold Price
$1,330,000
Premium/Discount to List
-$20,000
-1.48%

Purchase Details

Closed on
Nov 24, 2009
Sold by
Goshorn Shirley D and Goshorn Family Trust
Bought by
Goshorn Shirley D and Goshorn Family Trust

Purchase Details

Closed on
Apr 6, 2001
Sold by
Goshorn Wesley H and Goshorn Shirley D
Bought by
Goshorn Wesley H and Goshorn Shirley D
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Ni Victor Zhengzhong $1,330,000 Orange Coast Title
Ni Victor Zhengzhong -- Orange Coast Title
Goshorn Shirley D -- None Available
Goshorn Wesley H -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Goshorn Shirley D $343,500
Previous Owner Goshorn Shirley D $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/21/2020 12/21/20 Sold $1,330,000 -1.5% $325 / Sq Ft
11/18/2020 11/18/20 For Sale $1,350,000 -- $330 / Sq Ft
Source: Ventura County Regional Data Share

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 $12,366 $869,191 $362,614 $506,577
2024 $12,366 $852,149 $355,504 $496,645
2023 $12,093 $835,441 $348,534 $486,907
2022 $11,754 $819,060 $341,700 $477,360
2021 $11,513 $803,000 $335,000 $468,000
2020 $3,205 $149,410 $34,766 $114,644
2019 $3,162 $146,482 $34,085 $112,397
2018 $3,035 $143,611 $33,417 $110,194
2016 $2,890 $138,036 $32,120 $105,916
2015 $2,838 $135,964 $31,638 $104,326
2014 $2,837 $133,302 $31,019 $102,283
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Ventura County Regional Data Share

MLS Number: V1-2605

Ventura County Regional Data Share

APN: 8507-010-040