NOT LISTED FOR SALE

722 E Lime Ave Monrovia, CA 91016

Estimated Value: $1,244,000 - $1,407,000

3 Beds
3 Baths
1,836 Sq Ft
$734/Sq Ft Est. Value

Last Sold April 27, 2023

Last sale price $1,260,000 $686 Per Sq Ft

Est. 7% increase in value since last sale

Current estimated payment $8,912/month

7 Days on Market

Highlights

  • Peek-A-Boo Views
  • Living Room with Fireplace
  • Ground Level Unit
  • Clifton Middle School Rated A-
  • Tudor Architecture
  • 4-minute walk to Recreation Park

About This Home

As of April 2023

Start your day off right with your morning coffee enjoying stunning views of the San Gabriel mountains at the edge of the Angeles National Forest. This turn key, charming Tudor styled home has HGTV worthy curb appeal that every homeowner wants, nestled on a darling street, in the heart of Monrovia. The front door opens into a cozy living space, perfect for hosting parties, as it opens to the bright and airy dining space. The beautifully remodeled kitchen has plenty of storage, counter space which is sure to impress anyone who loves to entertain. Just off the kitchen is a laundry area complete with a deep utility sink, sturdy fixture for hanging up those delicates and other washables that need special care. The side door is perfectly positioned for unloading those hefty grocery bags. Down the hallway is a huge guest bathroom and two surprisingly spacious bedrooms with plenty of closet space. The first room is a perfect office or guest room. During a fabulous remodel the bedrooms were reconfigured to improve the flow and the homeowner added an additional 200 Sq ft. The outcome is truly amazing. The second room has its own bathroom with a shower, and in the hallway just outside is a neat little windowed nook that would be a great place to tuck a small bookcase with a bench seat or work station. The third and last room overlooks the backyard, has its own bathroom, enormous walk in closet, as well as a private entrance. The 3rd bedroom may also be used as a granny/in-laws suite or a rental income opportunity, the choice is yours! The backyard is great for entertaining, with lots of patio space, a covered area in the shade, and plenty of planters for someone with a green thumb. The detached 2 car garage has access to the attic/rafters for lots of additional storage. Though this house has recently been thoroughly updated, it has kept some charming details from its 1935 origins. The front door has a little Art Nouveau-styled, grilled, speakeasy peep window so you can see who's knocking on your door, and in the wall adjacent to the front door is a mail slot that conveniently drops your mail right into your home! Upgrades to this property include a rare and sleek automatic gate to a long driveway to a detached 2 car garage, lots of off street parking. The upgrades, layout, remodel, opportunity for rental income and location make this property truly a MUST SEE. You will be close to the freeway, shopping, parks, entertainment and dining. You don't have to change a thing, this home is ready for you! OFFERS due Monday, April 17 @ 6:00PM, please text LA for offer details.

Last Listed By

Kellie McCaffrey-Nady

Compass License #02007978 Listed on: 04/13/2023

Compass

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $17,275

Year Built

  • Built in 1935 | Remodeled

Lot Details

  • 7,023 Sq Ft Lot
  • Lot Dimensions are 50x140
  • Back Yard
  • Property is zoned MORL*

Property Views

  • Peek-A-Boo
  • Mountain

Home Design

  • Tudor Architecture

Interior Spaces

  • 1,836 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Area
  • Laundry Room

Kitchen

  • Breakfast Area or Nook
  • Dishwasher

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Full Bathrooms

Parking

  • 3 Car Attached Garage
  • Auto Driveway Gate
  • Guest Parking

Additional Features

  • Covered patio or porch
  • Ground Level Unit
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 8517-018-022

Home Details

Home Type

Single Family

Est. Annual Taxes

$17,275

Year Built

Built in 1935 | Remodeled

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Tudor
  • Levels: Ground Level
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 1836
  • Lot Acreage: 0.1612
  • Lot Dimensions: 50x140
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1935
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Tile, Vinyl
  • Bedrooms: 3
  • Full Bathroom: 3
  • Half Bathroom: 0
  • Common Walls: Detached/No Common Walls
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Laundry Area, Inside
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Dishwasher
  • Price Per S Q F T: 639.98

Exterior Features

  • Other Structures: None
  • Pool: No
  • Spa Yn: No
  • View: Peek-A-Boo, Mountains
  • View: Yes

Garage/Parking

  • Parking Garage: Garage Is Detached, Private Garage, Driveway Gate, Parking for Guests - Onsite
  • Total Parking: 3

Utilities

  • Cooling: Air Conditioning
  • Heating: Central

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Horses: No
  • Assessor Parcel Number: 8517-018-022
  • Lot Description: Back Yard
  • Lot Size Area: 7023

Rental Info

  • Land Lease Purchase Yn: No

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 13, 2023
Closed on
Apr 25, 2023
Sold by
Allen And Eva Chan Family Trust
Bought by
Yue Qingcal and Lu Daozhu
Seller's Agent
Kellie McCaffrey-Nady
Compass
Buyer's Agent
Pepper Chen
PARTNER Real Estate
List Price
$1,175,000
Sold Price
$1,260,000
Premium/Discount to List
$85,000
7.23%
Total Days on Market
7
Views
148
Current Estimated Value
$1,347,685

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,685
Avg. Annual Appreciation
3.37%
Original Mortgage
$550,000
Outstanding Balance
$538,943
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$808,742

Purchase Details

Closed on
Mar 18, 2020
Sold by
Chan Timothy and Chan Priscilla
Bought by
Allen And Eva Chan Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$433,000
Interest Rate
3.4%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 17, 2015
Sold by
Munoz Jose A
Bought by
The Allen & Eva Chan Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$472,500
Interest Rate
3.62%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 29, 2009
Sold by
Munoz Jose A and Munoz Elsa A
Bought by
Munoz Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$410,000
Interest Rate
5.04%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 20, 2004
Sold by
Chan Eric L and Chan Renee M
Bought by
Munoz Jose A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
6.09%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Nov 13, 1998
Sold by
Chan Eric L
Bought by
Chan Eric L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.54%

Purchase Details

Closed on
Oct 30, 1998
Sold by
Chan Renee M and Hanks Renee M
Bought by
Chan Eric L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Interest Rate
6.54%

Purchase Details

Closed on
Mar 29, 1995
Sold by
Chan Eric Lee
Bought by
Hanks Renee M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,750
Interest Rate
7.12%

Purchase Details

Closed on
Feb 24, 1995
Sold by
Frey Keith Edward and Frey Alberta J
Bought by
Hanks Renee M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,750
Interest Rate
7.12%

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
Yue Qingcal $1,260,000 First American Title
Allen And Eva Chan Family Trust -- First American Title Insurance
Chan Timothy -- First American Title Insurance
The Allen & Eva Chan Family Trust $630,000 Equity Title Company
Munoz Jose A -- Fidelity National Title Co
Munoz Jose A $440,000 --
Chan Eric L -- United Title
Chan Eric L -- United Title
Hanks Renee M -- First American Title
Hanks Renee M $185,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yue Qingcai $550,000
Previous Owner Chan Timothy $433,000
Previous Owner The Allen & Eva Chan Family Trust $472,500
Previous Owner Munoz Jose A $25,000
Previous Owner Munoz Jose A $392,100
Previous Owner Munoz Jose A $410,000
Previous Owner Chan Eric L $142,000
Previous Owner Munoz Jose A $352,000
Previous Owner Chan Eric L $207,000
Previous Owner Chan Eric L $60,000
Previous Owner Chan Eric L $220,000
Previous Owner Chan Eric L $48,000
Previous Owner Chan Eric L $175,000
Previous Owner Hanks Renee M $175,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/27/2023 04/27/23 Sold $1,260,000 +7.2% $686 / Sq Ft
04/20/2023 04/20/23 Pending -- -- --
04/13/2023 04/13/23 For Sale $1,175,000 +86.5% $640 / Sq Ft
06/09/2015 06/09/15 Sold $630,000 0.0% $374 / Sq Ft
05/08/2015 05/08/15 Pending -- -- --
05/01/2015 05/01/15 For Sale $630,000 -- $374 / Sq Ft
Source: The MLS

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
2024 $17,275 $1,285,200 $826,200 $459,000
2023 $10,459 $768,135 $493,718 $274,417
2022 $10,155 $753,075 $484,038 $269,037
2021 $9,956 $738,310 $474,548 $263,762
2019 $9,479 $716,414 $460,474 $255,940
2018 $9,216 $702,368 $451,446 $250,922
2016 $8,412 $639,606 $433,917 $205,689
2015 $6,751 $510,309 $384,821 $125,488
2014 -- $500,313 $377,283 $123,030
Source: Public Records

Agents Affiliated with this Home

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Source: The MLS

MLS Number: 23-259867

The MLS

APN: 8517-018-022