NOT LISTED FOR SALE

725 E Palm Ave Monrovia, CA 91016

Estimated Value: $1,245,929 - $1,415,000

4 Beds
2 Baths
2,196 Sq Ft
$601/Sq Ft Est. Value

Last Sold November 23, 2012

Last sale price $530,000 $241 Per Sq Ft

Est. 149% increase in value since last sale

Current estimated payment $7,752/month

120 Days on Market

Highlights

  • In Ground Pool
  • Mountain View
  • No HOA
  • Clifton Middle School Rated A-
  • Multi-Level Bedroom
  • Two cooling system units

About This Home

As of November 2012

Huge price reduction ! Best price in town! Charming Tudor style character home nestled on a quiet tree lined street in the wild rose district. Minutes from "Quaint Old Town Monrovia". Needs some TLC - Enjoy old world charm with all the amenities a family would expect! Featuring: 4 bedrooms, 1 bedroom downstairs with the large master upstairs! Overlook the pool and the San Gabriel Mountains from the rooms upstairs! 2 Bathrooms, downstairs bathroom is a complete remodel tastefully done! Classic open layout, family room with a large fireplace and crown moldings leads into a large dining room perfect for family gathering! Remodeled kitchen tastefully done with hardwood cabinets and stainless steal appliances. There is 1 bonus room used as a project room in this home! Special Feature is an energy efficient dual air conditioning unit. Sparkling heated pool and spa! Just on the other side of the spa lies this fabulous multipurpose studio, just waiting for your customization. So much potential here! No Garage.

Last Agent to Sell the Property

Nicola Speranta

Compass License #01274694 Listed on: 06/18/2012

Compass

Last Buyer's Agent

John Moreno

Berkshire Hathaway Home Serv. License #00546701

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924 | Remodeled

Lot Details

  • 6,999 Sq Ft Lot
  • Level Lot

Parking

  • 2 Parking Spaces

Interior Spaces

  • 2,196 Sq Ft Home
  • Family Room with Fireplace
  • Dining Room
  • Utility Room
  • Laundry Room
  • Mountain Views
  • Basement

Kitchen

  • Oven
  • Cooktop
  • Dishwasher

Flooring

  • Carpet
  • Laminate
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Multi-Level Bedroom

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Utilities

  • Two cooling system units
  • Central Air
  • Floor Furnace

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 32
  • Tax Tract Number 5315
  • Assessor Parcel Number 8517025020

Home Details

Home Type

Single Family

Year Built

Built in 1924 | Remodeled

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8517025020
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2196.00
  • Flooring: Laminate, Carpet, Stone
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Dining Room
  • Fireplace Features: Family Room
  • Levels: Two
  • Price Per Square Foot: 241.35
  • Room Type: Basement, Master Bedroom, Multi-Level Bedroom, Utility Room

Exterior Features

  • View: Mountain(s)
  • Pool Features: In Ground
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Oven, Cooktop
  • Heating Type: Floor Furnace
  • Laundry Features: Common Area
  • Water Source: Public
  • Cooling: Central Air, Dual
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Level
  • Lot Size Sq Ft: 6999.00
  • Lot Size Acres: 0.1610

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6999.0000 Square Feet

Tax Info

  • Tax Lot: 32
  • Tax Tract Number: 5315

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 18, 2012
Closed on
Oct 24, 2012
Sold by
Metz Jerald Joseph and Metz Laura Lee
Bought by
Zakhary Peter and Zakhary Lucille
Seller's Agent
Nicola Speranta
Compass
Buyer's Agent
John Moreno
Berkshire Hathaway Home Serv.
List Price
$599,000
Sold Price
$530,000
Premium/Discount to List
-$69,000
-11.52%
Current Estimated Value
$1,320,482

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$790,482
Avg. Annual Appreciation
7.17%
Original Mortgage
$325,000
Outstanding Balance
$223,349
Interest Rate
3.35%
Mortgage Type
New Conventional
Estimated Equity
$1,097,133

Purchase Details

Closed on
Nov 17, 2009
Sold by
Aguilar Antonio and Aguilar Clara J
Bought by
Metz Jerald Joseph

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,943
Interest Rate
4.78%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Zakhary Peter $538,000 Equity Title
Metz Jerald Joseph $500,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zakhary Peter $325,000
Previous Owner Metz Jerald Joseph $490,943
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/23/2012 11/23/12 Sold $530,000 -3.5% $241 / Sq Ft
10/16/2012 10/16/12 Pending -- -- --
09/04/2012 09/04/12 Price Changed $549,000 -5.2% $250 / Sq Ft
07/28/2012 07/28/12 Price Changed $579,000 -1.7% $264 / Sq Ft
07/05/2012 07/05/12 Price Changed $589,000 -1.7% $268 / Sq Ft
06/18/2012 06/18/12 For Sale $599,000 -- $273 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,923 $662,495 $347,994 $314,501
2024 $8,923 $649,506 $341,171 $308,335
2023 $8,719 $636,772 $334,482 $302,290
2022 $8,466 $624,287 $327,924 $296,363
2021 $8,295 $612,047 $321,495 $290,552
2019 $7,900 $593,895 $311,960 $281,935
2018 $7,660 $582,251 $305,844 $276,407
2016 $7,353 $559,644 $293,969 $265,675
2015 $7,191 $551,239 $289,554 $261,685
2014 $7,116 $540,442 $283,883 $256,559
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: A12076544

California Regional Multiple Listing Service (CRMLS)

APN: 8517-025-020