NOT LISTED FOR SALE

731 Mountain View Ave Monrovia, CA 91016

Estimated Value: $1,241,000 - $1,630,000

6 Beds
3 Baths
1,950 Sq Ft
$705/Sq Ft Est. Value

Last Sold June 30, 2015

Last sale price $750,000 $385 Per Sq Ft

Est. 83% increase in value since last sale

Current estimated payment $8,302/month

Highlights

  • All Bedrooms Downstairs
  • Mountain View
  • Two Homes on a Lot
  • Clifton Middle School Rated A-
  • Traditional Architecture
  • Living Room

About This Home

As of June 2015

High income producing units in North Monrovia. These 2 homes were renovated in 2014 with new kitchens, windows, flooring and paint. It consists of 2 separate houses with a 3bd/2ba with a laundry room & a 3bd/1ba. The combined rent for both units is $4,200/mo. There is a large fenced front yard and a 2-car covered carport. It's centrally located close to Old Town Monrovia, the light rail, the 210fwy & 605fwy as well as the foothills. This is a wonderful opportunity to buy a high income performing property.

Last Agent to Sell the Property

Lana Ng Sanday

Cal Assets & Associates Inc License #01705565 Listed on: 04/30/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,196

Year Built

  • Built in 1939

Lot Details

  • 9,774 Sq Ft Lot
  • No Common Walls

Home Design

  • Traditional Architecture
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • Living Room
  • Laminate Flooring
  • Mountain Views
  • Gas Range

Bedrooms and Bathrooms

  • 6 Bedrooms
  • All Bedrooms Down
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Dryer

Parking

  • Detached Carport Space
  • Parking Available
  • Driveway

Utilities

  • Wall Furnace
  • Gas Water Heater

Additional Features

  • Shed
  • Two Homes on a Lot

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • Assessor Parcel Number 8518034013

Community Details

Overview

  • 2 Units

Building Details

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,196

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Not Applicable - 1007242
  • View: Yes
  • Zoning: MORM*
  • Architectural Style: Traditional
  • Property Type: Residential Income
  • Parcel Number: 8518034013
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Levels: One
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • Other Structures: Shed(s), Two On A Lot
  • View: Mountain(s)
  • Roof: Composition
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Parking: Yes
  • Parking Features: Detached Carport, Driveway

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range, Gas Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: Dryer Included, Gas Dryer Hookup, Individual Room, Outside

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 9774.00
  • Lot Size Acres: 0.2200

Rental Info

  • Tenant Pays: Cable TV, Electricity

Multi Family

  • Lot Size Area: 9774.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2018
Sold by
Dickinson Blake E and Bender Kimberly K
Bought by
Dickinson Blake E and Bender Kimberly K
Current Estimated Value
$1,374,334

Purchase Details

Listed on
Apr 30, 2015
Closed on
Jun 2, 2015
Sold by
Sg83657 Llc
Bought by
Dickinson Blake E and Bender Kimberly K
Seller's Agent
Lana Ng Sanday
Cal Assets & Associates Inc
List Price
$750,000
Sold Price
$750,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.04%
Original Mortgage
$500,000
Outstanding Balance
$390,281
Interest Rate
3.81%
Mortgage Type
New Conventional
Estimated Equity
$979,237

Purchase Details

Listed on
Mar 26, 2014
Closed on
May 14, 2014
Sold by
Kellberly Properties Llc
Bought by
Sg83657 Llc
Seller's Agent
Theresa La Roche
Keller Williams Realty
Buyer's Agent
Lana La Oy Ng
Cal Assets & Associates
List Price
$725,000
Sold Price
$683,000
Premium/Discount to List
-$42,000
-5.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.63%

Purchase Details

Listed on
Dec 9, 2013
Closed on
Dec 11, 2013
Sold by
Lira Kathleen Marie Doane and Estate Of Doris Louise Doane
Bought by
Kellberly Properties Llc
Seller's Agent
Theresa La Roche
Keller Williams Realty
Buyer's Agent
Sergio Medina
Keller Williams Coastal Prop.
List Price
$500,000
Sold Price
$456,000
Premium/Discount to List
-$44,000
-8.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
240.16%
Source: Public Records

Range of Values:

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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
Dickinson Blake E -- None Available
Dickinson Blake E $750,000 Fidelity Sherman Oaks
Sg83657 Llc $683,000 North American Title Co
Kellberly Properties Llc $456,000 North American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Dickinson Blake E $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2015 06/30/15 Sold $750,000 0.0% $385 / Sq Ft
06/13/2015 06/13/15 Pending -- -- --
04/30/2015 04/30/15 For Sale $750,000 0.0% $385 / Sq Ft
08/05/2014 08/05/14 Rented $2,300 0.0% --
07/06/2014 07/06/14 Under Contract -- -- --
05/28/2014 05/28/14 For Rent $2,300 0.0% --
05/15/2014 05/15/14 Sold $683,000 -5.8% $350 / Sq Ft
05/06/2014 05/06/14 Pending -- -- --
03/26/2014 03/26/14 For Sale $725,000 +59.0% $372 / Sq Ft
01/16/2014 01/16/14 Sold $456,000 -8.8% $234 / Sq Ft
12/09/2013 12/09/13 Pending -- -- --
12/09/2013 12/09/13 For Sale $500,000 -- $256 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $12,196 $901,379 $661,012 $240,367
2024 $12,196 $883,705 $648,051 $235,654
2023 $11,919 $866,379 $635,345 $231,034
2022 $11,576 $849,392 $622,888 $226,504
2021 $11,351 $832,738 $610,675 $222,063
2020 $11,006 $824,201 $604,414 $219,787
2019 $10,813 $808,041 $592,563 $215,478
2018 $10,478 $792,198 $580,945 $211,253
2016 $10,077 $761,437 $558,387 $203,050
2015 $9,199 $696,645 $489,590 $207,055
2014 $1,277 $59,956 $26,977 $32,979
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-315004264

Pasadena-Foothills Association of REALTORS®

APN: 8518-034-013