NOT LISTED FOR SALE

725 E Lemon Ave Monrovia, CA 91016

Estimated Value: $879,851 - $1,038,000

4 Beds
3 Baths
1,652 Sq Ft
$580/Sq Ft Est. Value

Last Sold October 02, 2024

Last sale price $998,000 $604 Per Sq Ft

Est. 4% decrease in value since last sale

Current estimated payment $6,143/month

35 Days on Market

Highlights

  • Mountain View
  • Property is near a park
  • Main Floor Bedroom
  • Clifton Middle School Rated A-
  • Wood Flooring
  • 3-minute walk to Recreation Park

About This Home

As of October 2024

Welcome to this exquisite property ideally situated in the desirable north Monrovia area! Constructed in 2017, this home boasts a distinguished design by renowned architect Robert Tong and expert craftsmanship by Tipping Construction.
Inside, abundant natural light enhances the inviting atmosphere, complementing the elegant hardwood floors and generously sized rooms. The kitchen flows seamlessly into the family room, creating a perfect space for gatherings. Modern comforts include central air and heat, along with dual pane windows throughout.
Thoughtfully designed, the kitchen and bathrooms harmonize beautifully with the home's overall aesthetic. Step outside to discover a tranquil rear patio, ideal for entertaining guests or enjoying peaceful moments.
Additional highlights include an attached two-car garage for convenience and proximity to Victoria Park, just steps away. You'll also appreciate the close proximity to Myrtle Ave, offering access to downtown shops, restaurants, a movie theater, and the farmer's market.
Don't miss the opportunity to call this stunning property your new home!

Last Agent to Sell the Property

Shirley Juan Hou

Real Brokerage Technologies, Inc Brokerage Phone: 626-991-8577 License #01988067 Listed on: 07/23/2024

Real Brokerage Technologies, Inc

Co-Listed By

Song Meng

Harvest Realty Development Brokerage Phone: 626-991-8577 License #01982954

Last Buyer's Agent

Jerry Sun

RE/MAX Premier Properties License #01338788

RE/MAX Premier Properties

Home Details

Home Type

  • Single Family

Year Built

  • Built in 2017

Lot Details

  • 2,029 Sq Ft Lot
  • Rectangular Lot
  • Level Lot

HOA Fees

  • $225 Monthly HOA Fees

Parking

  • 2 Car Attached Garage

Property Views

  • Mountain
  • Park or Greenbelt
  • Neighborhood

Home Design

  • Entry on the 1st floor
  • Planned Development

Interior Spaces

  • 1,652 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace

Kitchen

  • Gas Oven
  • Gas Cooktop
  • Dishwasher

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms | 1 Main Level Bedroom
  • 3 Full Bathrooms
  • Bathtub with Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Schools

  • Monrovia High School

Additional Features

  • Property is near a park
  • Central Air

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 73257
  • Assessor Parcel Number 8517018034
  • $526 per year additional tax assessments

Community Details

Overview

  • Front Yard Maintenance
  • Inveserve Association, Phone Number (626) 458-3435
  • Inveserve Corp HOA
  • Greenbelt

Recreation

  • Park

Security

  • Resident Manager or Management On Site

Home Details

Home Type

Single Family

Year Built

Built in 2017

Lot Details

0

HOA Fees

$225 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8517018034
  • Year Built: 2017
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1652.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Full Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 604.12
  • Room Type: Main Floor Bedroom
  • Bathroom Features: Shower In Tub, Exhaust Fan(s)

Exterior Features

  • View: Mountain(s), Neighborhood, Park/Greenbelt
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Cooktop
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Management, Maintenance Front Yard
  • Association Fee: 225.00
  • Association Fee Frequency: Monthly
  • Association Name: Inveserve
  • Phone: 6264583435
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Park
  • Association Management: InveServe Corp

Schools

  • High School: Monrovia
  • High School2: MONROV

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Greenbelt, Rectangular Lot, Level, Park Nearby
  • Lot Size Sq Ft: 2029.00
  • Lot Size Acres: 0.0466

Multi Family

  • Lease Considered: No
  • Lot Size Area: 2029.0000 Square Feet
  • Number Of Units Total: 4

Tax Info

  • Tax Lot: 3
  • Tax Tract Number: 73257
  • TaxOtherAnnualAssessmentAmount: 526.15

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 2, 2021
Sold by
Wang Xiangmin and Wang Cui
Bought by
Pingul Michael G and Pingul Maria Carmelynn
Current Estimated Value
$958,713

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$736,415
Outstanding Balance
$658,642
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$300,071

Purchase Details

Closed on
Sep 6, 2017
Sold by
725 Lemon Ave Llc
Bought by
Wang Xiangmin and Peng Cui

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$346,500
Interest Rate
5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pingul Michael G $750,000 First American Title Company O
Wang Xiangmin $630,000 Wfg Title Company Of Ca
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pingul Michael G $736,415
Previous Owner Wang Xiangmin $346,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/02/2024 10/02/24 Sold $998,000 0.0% $604 / Sq Ft
08/27/2024 08/27/24 Pending -- -- --
08/19/2024 08/19/24 Price Changed $998,000 -4.8% $604 / Sq Ft
07/23/2024 07/23/24 For Sale $1,048,500 +71.5% $635 / Sq Ft
05/15/2014 05/15/14 Sold $611,500 0.0% $471 / Sq Ft View Prior Sale
04/17/2014 04/17/14 Pending -- -- --
04/14/2014 04/14/14 Off Market $611,500 -- --
04/09/2014 04/09/14 For Sale $525,000 -- $405 / 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 $10,728 $811,822 $487,093 $324,729
2024 $10,728 $795,905 $477,543 $318,362
2023 $10,479 $780,300 $468,180 $312,120
2022 $10,171 $765,000 $459,000 $306,000
2021 $8,864 $662,241 $452,006 $210,235
2020 $8,590 $655,452 $447,372 $208,080
2019 $8,436 $642,600 $438,600 $204,000
2018 $8,274 $630,000 $430,000 $200,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR24150986

California Regional Multiple Listing Service (CRMLS)

APN: 8517-018-033