NOT LISTED FOR SALE

715 E Palm Ave Monrovia, CA 91016

Estimated Value: $1,066,000 - $1,309,000

3 Beds
2.5 Baths
1,328 Sq Ft
$861/Sq Ft Est. Value

Last Sold July 12, 2018

Last sale price $805,000 $606 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $7,174/month

12 Days on Market

Highlights

  • Detached Guest House
  • Mountain View
  • Property is near a park
  • Clifton Middle School Rated A-
  • Maid or Guest Quarters
  • Wood Flooring

About This Home

As of July 2018

With views to the park-like street from the front porch and to mountains from the backyard, this TWO on a LOT property boasts a lovely Spanish style main house and detached Guest Studio in a great Monrovia neighborhood! The 1,328 square foot front home features an open floor plan with spacious living room with fireplace and recessed lighting, dining room, small office, 2 large bedrooms, 1 and 1/2 baths, kitchen with views to the mountains, and adjoining laundry room/pantry. Beautiful hardwood floors throughout, this light and bright home has central heating & air, built-ins, custom closets with ample storage, understated window treatments, as well as new copper plumbing and a gated driveway. The outdoor patio and pergola invite hospitality, yet the 7,000 square foot lot also allows for gracious separation between the main house and the back unit. The newly refloored Guest Studio (12'9” x 25'6”, approximately - this square footage may not be included in the listing) features one large room with a built-in Murphy bed, small kitchenette, full bath, generous closet space, new a/c unit, and semi-private patio with a Meyer Lemon Tree. Both the main house and the detached garage roofs were recently resealed, and the Guest Studio has a new roof. Outdoor living and indoor comfort await the next owners!

Last Agent to Sell the Property

David Smith

First Team Real Estate License #02035334 Listed on: 06/05/2018

First Team Real Estate

Last Buyer's Agent

Teri Buchanan

Berkshire Hathaway HomeServices California Properties License #02032465

Berkshire Hathaway HomeServices California Properties

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $11,897

Year Built

  • Built in 1924

Lot Details

  • 7,000 Sq Ft Lot
  • Lot Dimensions are 50 x 140
  • Block Wall Fence
  • Stucco Fence
  • Rectangular Lot
  • Lawn
  • Back and Front Yard
  • Density is up to 1 Unit/Acre
  • Property is zoned MORL*

Parking

  • 1 Car Garage
  • Parking Available

Home Design

  • Spanish Architecture
  • Flat Roof Shape
  • Raised Foundation
  • Spanish Tile Roof
  • Partial Copper Plumbing
  • Plaster
  • Stucco

Interior Spaces

  • 1,328 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Recessed Lighting
  • Gas Fireplace
  • Custom Window Coverings
  • Living Room with Fireplace
  • Dining Room
  • Bonus Room
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Built-In Trash or Recycling Cabinet
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • Maid or Guest Quarters
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Dryer
  • Washer

Outdoor Features

  • Covered Patio or Porch
  • Exterior Lighting

Additional Homes

  • Two Homes on a Lot
  • Detached Guest House

Schools

  • Monrovia High School

Utilities

  • Central Heating and Cooling System
  • Natural Gas Connected
  • Gas Water Heater

Additional Features

  • More Than Two Accessible Exits
  • Property is near a park

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Legal Lot and Block 35 / A
  • Tax Tract Number 6191
  • Assessor Parcel Number 8517025023

Home Details

Home Type

Single Family

Est. Annual Taxes

$11,897

Year Built

Built in 1924

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Inclusions: Kitchen Appliances: Refrigerator, Oven, and Washer & Dryer
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: MORL*
  • Architectural Style: Spanish
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8517025023
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1328.00 Square Feet
  • Interior Amenities: Ceiling Fan(s), Copper Plumbing Partial, Recessed Lighting
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate, Tile, Wood
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: Area, Dining Room
  • Fireplace Features: Living Room, Gas
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 606.17
  • Room Type: Bonus Room, Guest/Maid's Quarters, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom
  • Window Features: Custom Covering
  • Bathroom Features: Bathtub, Shower In Tub
  • Room Kitchen Features: Built-In Trash/Recycling

Exterior Features

  • Patio: Yes
  • Foundation: Raised
  • Other Structures: Guest House Detached, Two On A Lot
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Block, Stucco Wall
  • Patio And Porch Features: Covered, Patio, Front Porch
  • Pool Private: No
  • Roof: Flat, Spanish Tile
  • Construction Materials: Plaster, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Concrete
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Gas Oven, Gas Cooktop, Gas Water Heater, Refrigerator, Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Central, Fireplace(s)
  • Laundry Features: Common Area, Dryer Included, Inside, Washer Included
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Schools

  • School District: Monrovia Unified
  • High School: Monrovia
  • High School: Monrovia
  • High School2: MONROV

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Lawn, Rectangular Lot, Park Nearby
  • Lot Size: 50 X 140
  • Lot Size Sq Ft: 7000.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 2
  • Number Of Units Total: 2

Tax Info

  • Tax Block: A
  • Tax Census Tract: 4310.02
  • Tax Lot: 35
  • Tax Tract Number: 6191

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 5, 2018
Closed on
Jun 25, 2018
Sold by
Haskins Heidi D
Bought by
Mcguire Kevin and Mcguire Vanessa Torres
Seller's Agent
David Smith
First Team Real Estate
Buyer's Agent
Teri Buchanan
Berkshire Hathaway HomeServices California Properties
List Price
$715,000
Sold Price
$805,000
Premium/Discount to List
$90,000
12.59%
Current Estimated Value
$1,143,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$338,764
Avg. Annual Appreciation
4.77%
Original Mortgage
$644,000
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Feb 22, 2015
Closed on
Feb 22, 2015
Sold by
Gaudreau Ostrye Louise
Bought by
Haskins Heidi D and Haskins Scott W
Seller's Agent
Augusta Sanborn
Sotheby's International Realty
Buyer's Agent
della sasso
Century 21 Masters
List Price
$529,000
Sold Price
$615,000
Premium/Discount to List
$86,000
16.26%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.55%
Original Mortgage
$492,000
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 22, 2005
Sold by
Gaudreau Louis G and Gaudreau Solanges
Bought by
Gaudreau Louis G
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
Mcguire Kevin $805,000 Western Resources Title Comp
Haskins Heidi D $615,000 Fidelity
Gaudreau Louis G -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mcguire Kevin $625,000
Closed Mcguire Kevin $637,200
Closed Mcguire Kevin $644,000
Previous Owner Haskins Heidi D $492,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/12/2018 07/12/18 Sold $805,000 +12.6% $606 / Sq Ft
06/17/2018 06/17/18 Pending -- -- --
06/05/2018 06/05/18 For Sale $715,000 +16.3% $538 / Sq Ft
03/31/2015 03/31/15 Sold $615,000 +16.3% $463 / Sq Ft
03/20/2015 03/20/15 Pending -- -- --
02/22/2015 02/22/15 For Sale $529,000 -- $398 / 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 $11,897 $897,988 $669,309 $228,679
2024 $11,897 $880,382 $656,186 $224,196
2023 $11,623 $863,120 $643,320 $219,800
2022 $11,283 $846,197 $630,706 $215,491
2021 $11,066 $829,606 $618,340 $211,266
2019 $10,532 $805,000 $600,000 $205,000
2018 $8,445 $649,601 $441,412 $208,189
2016 $8,121 $624,377 $424,272 $200,105
2015 $775 $34,019 $14,870 $19,149
2014 $777 $33,353 $14,579 $18,774
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18131263

California Regional Multiple Listing Service (CRMLS)

APN: 8517-025-023