NOT LISTED FOR SALE

722 Ocean View Ave Monrovia, CA 91016

Monrovia Area

Estimated Value: $1,296,000 - $1,388,000

4 Beds
3 Baths
2,242 Sq Ft
$601/Sq Ft Est. Value

Sale Details

Date Sold: May 15, 2017

Last sale price $875,000 $390 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $8,244 / mo

12 Days on Market

Highlights

  • Wood Flooring
  • Two Homes on a Lot
  • Central Heating and Cooling System
  • Clifton Middle School Rated A-

About This Home

As of May 2017

Property appraised for $918,000 in March 2017! Two gorgeous homes on a lot, surrounded by lush plants on a tranquil, tree-lined street. These beautiful units exhibit tremendous pride of ownership. Upon entering the picturesque front house, find a beautiful, bright living room, with a cozy fireplace, custom mantle, gleaming hardwood floors, and custom built-in shelves. A spacious and updated gourmet kitchen is sure to delight and includes a charming corner desk area that looks out to the idyllic neighborhood. The kitchen gracefully opens to the bright and inviting dining room. All three bedrooms enjoy wonderful natural light and are generously sized. The master bedroom includes an ensuite bathroom with dual sinks and a stand-in shower. The rear house features gleaming hardwood floors throughout, a galley kitchen, one well-sized bedroom and one bathroom. The backyard features ample grass area and provides room for entertaining. Separate detached garages for each home further enhance the desirability of this tremendous investment opportunity. This great deal won't last long!

Last Agent to Sell the Property

Eva Lin

eXp Realty of California, Inc. License #01817694 Listed on: 04/07/2017

eXp Realty of California, Inc.

Last Buyer's Agent

Eva Lin

eXp Realty of California, Inc. License #01817694 Listed on: 04/07/2017

eXp Realty of California, Inc.

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 9,002 Sq Ft Lot
  • No Common Walls

Parking

  • 3 Car Garage
  • Parking Available

Interior Spaces

  • Living Room with Fireplace
  • Wood Flooring

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Homes

  • Two Homes on a Lot

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Assessor Parcel Number 8518042005

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

9,002 Sq Ft Lot

Parking

3

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Not Applicable - 1007242
  • Zoning: MORM*
  • Property Type: Residential Income
  • Parcel Number: 8518042005
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: No Common Walls
  • Flooring: Wood
  • Fireplace Features: Living Room
  • Levels: One

Exterior Features

  • Other Structures: Two On A Lot
  • Roof: Other

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Heating Type: Central, Wall Furnace
  • Sewer: Other
  • Water Source: Other
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9002.00
  • Lot Size Acres: 0.2100

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Lot Size Area: 9002.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 7, 2017
Closed on
May 9, 2017
Sold by
Chien Cheng Chih and Yu Peipei
Bought by
Seller's Agent
Eva Lin
eXp Realty of California, Inc.
Buyer's Agent
Eva Lin
eXp Realty of California, Inc.
List Price
$875,000
Sold Price
$875,000
Current Estimated Value
$1,289,859

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$414,859
Avg. Annual Appreciation
4.75%
Original Mortgage
$555,500
Outstanding Balance
$452,421
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$894,248

Purchase Details

Listed on
Nov 20, 2013
Closed on
Mar 15, 2014
Sold by
Chien Cheng Chih and Yu Peipei
Bought by
Chien & Yu Family Trust
Seller's Agent
Mary Pauli Morin
Coldwell Banker Realty
Buyer's Agent
Jeff Curtis
Keller Williams Realty
List Price
$775,000
Sold Price
$775,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.78%

Purchase Details

Listed on
Nov 20, 2013
Closed on
Jan 10, 2014
Sold by
Coates Davida and Coates Robyn E
Bought by
Chien Cheng Chih and Yu Pei
Seller's Agent
Mary Pauli Morin
Coldwell Banker Realty
Buyer's Agent
Jeff Curtis
Keller Williams Realty
List Price
$775,000
Sold Price
$775,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$377,500
Interest Rate
5.25%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Dec 2, 2003
Sold by
Coates David A and Coates Robyn E
Bought by
Coates David A and Coates Robyn E

Purchase Details

Closed on
Nov 14, 2001
Sold by
Jergensen Todd D and Jergensen Shirley
Bought by
Jergensen Dean Roger and Jergensen Leanor D S

Purchase Details

Closed on
Jan 2, 1998
Sold by
Jergensen Dean Roger and Jergensen Leanor D S
Bought by
Coates David A and Coates Robyn E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$323,000
Interest Rate
6.51%

Purchase Details

Closed on
Aug 16, 1994
Sold by
Jergensen Dean Roger and Jergensen Leanor D S
Bought by
Jergensen Dean Roger and Jergensen Leanor D S
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Monrovia, CA

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Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$875,000 Chicago Title
Chien & Yu Family Trust -- None Available
Chien Cheng Chih $775,000 North American Title Company
Coates David A -- --
Jergensen Dean Roger -- Benefit Land Title Company
Coates David A $370,000 Benefit Land Title
Jergensen Dean Roger -- --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $555,500
Previous Owner Chien Cheng Chih $377,500
Previous Owner Coates Robyn E $350,000
Previous Owner Coates David A $200,000
Previous Owner Coates David A $341,600
Previous Owner Coates David A $33,000
Previous Owner Coates David A $327,000
Previous Owner Coates David A $323,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/15/2017 05/15/17 Sold $875,000 0.0% $390 / Sq Ft
04/19/2017 04/19/17 Pending -- -- --
04/07/2017 04/07/17 For Sale $875,000 +12.9% $390 / Sq Ft
02/06/2014 02/06/14 Sold $775,000 0.0% $346 / Sq Ft View Prior Sale
12/05/2013 12/05/13 Pending -- -- --
11/20/2013 11/20/13 For Sale $775,000 -- $346 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $13,947 $1,035,816 $621,491 $414,325
2025 $13,947 $1,015,506 $609,305 $406,201
2024 $13,587 $995,595 $597,358 $398,237
2023 $13,277 $976,075 $585,646 $390,429
2022 $12,892 $956,937 $574,163 $382,774
2021 $12,639 $938,174 $562,905 $375,269
2020 $12,250 $928,556 $557,134 $371,422
2019 $12,033 $910,350 $546,210 $364,140
2018 $11,754 $892,500 $535,500 $357,000
2016 $10,616 $802,538 $517,767 $284,771
2015 $10,384 $790,484 $509,990 $280,494
2014 $6,188 $445,883 $143,404 $302,479
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-317002970

Pasadena-Foothills Association of REALTORS®

APN: 8518-042-005

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