NOT LISTED FOR SALE

724 Ocean View Ave Monrovia, CA 91016

Estimated Value: $1,044,000 - $1,226,337

3 Beds
2 Baths
1,628 Sq Ft
$697/Sq Ft Est. Value

Last Sold January 03, 2024

Last sale price $1,140,000 $700 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $6,583/month

About This Home

**Subject to Cancellation or Previous Escrow**Charming duplex located on a desirable street in North Monrovia. Main house features a spacious living room with Batchelder fireplace, formal dining room with built-ins, kitchen with breakfast area, two bedrooms and a full bathroom. In addition there are hardwood floors, new light fixtures, a single car garage, private yard and a new roof on house and garage. The detached one bedroom, full bath rear unit offers a living room, kitchen, split system A/C unit, private yard and a single car garage.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 7, 2023
Closed on
Jan 3, 2024
Sold by
Duncan Cheryl and Fitzpatrick Marlene
Bought by
Duncan Cheryl and Fitzpatrick Marlene
Seller's Agent
Espi Bagwell
Keller Williams Realty
Buyer's Agent
Donna Baker
JohnHart Corp.
List Price
$1,140,000
Sold Price
$1,140,000
Views
94
Current Estimated Value
$1,134,084

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$5,916
Avg. Annual Appreciation
-0.24%
Original Mortgage
$640,000
Interest Rate
7.29%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 7, 2023
Closed on
Dec 20, 2023
Sold by
Richard Eugene Tipping Living Trust
Bought by
Duncan Cheryl and Fitzpatrick Marlene
Seller's Agent
Espi Bagwell
Keller Williams Realty
Buyer's Agent
Donna Baker
JohnHart Corp.
List Price
$1,140,000
Sold Price
$1,140,000
Views
94

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$640,000
Interest Rate
7.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2023
Sold by
Tipping Richard
Bought by
Richard Eugene Tipping Living Trust and Tipping

Purchase Details

Closed on
Mar 12, 2013
Sold by
Tipping Kristen
Bought by
Tipping Richard

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
5.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2010
Sold by
Ralles John
Bought by
Ralles John and John Ralles Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$361,500
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 11, 2009
Sold by
Ralles John R
Bought by
Ralles John and John Ralles Living Trust

Purchase Details

Closed on
May 15, 2003
Sold by
Murdock Brian Charles and Murdock Marni Tam
Bought by
Ralles John R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
4.44%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 21, 2001
Sold by
Murdock Brian Charles and Murdock Marni Tam
Bought by
Murdock Brian Charles and Murdock Marni Tam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,000
Interest Rate
7.09%

Purchase Details

Closed on
Jul 9, 1999
Sold by
Schilling Robert S and Schilling Joan C
Bought by
Murdock Brian and Tam Marni

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
7.56%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Duncan Cheryl -- None Listed On Document
Duncan Cheryl $1,140,000 Chicago Title
Richard Eugene Tipping Living Trust -- None Listed On Document
Tipping Richard -- Lawyers Title
Tipping Richard $540,005 Lawyers Title
Ralles John -- Accommodation
Ralles John -- Lawyers Title
Ralles John -- None Available
Ralles John R $450,000 Commonwealth Land Title Co
Murdock Brian Charles -- Old Republic Title Company
Murdock Brian $290,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Duncan Cheryl $640,000
Previous Owner Tipping Richard $378,000
Previous Owner Ralles John $361,500
Previous Owner Ralles John R $360,000
Previous Owner Murdock Brian Charles $255,000
Previous Owner Murdock Brian $232,000
Closed Murdock Brian $29,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
01/03/2024 01/03/24 Sold $1,140,000 0.0% $700 / Sq Ft View Prior Sale
11/03/2023 11/03/23 Pending -- -- --
10/11/2023 10/11/23 For Sale $1,140,000 0.0% $700 / Sq Ft
09/26/2023 09/26/23 Off Market $1,140,000 -- --
09/07/2023 09/07/23 For Sale $1,140,000 -- $700 / Sq Ft

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 $9,099 $981,767 $586,345 $395,422
2024 $9,099 $648,974 $504,761 $144,213
2023 $8,893 $636,250 $494,864 $141,386
2022 $8,639 $623,775 $485,161 $138,614
2021 $8,471 $611,546 $475,649 $135,897
2020 $8,217 $605,276 $470,772 $134,504
2019 $8,074 $593,409 $461,542 $131,867
2018 $7,867 $581,775 $452,493 $129,282
2016 $7,568 $559,186 $434,923 $124,263
2015 $7,404 $550,788 $428,391 $122,397
2014 $7,335 $540,000 $420,000 $120,000
Source: Public Records

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