NOT LISTED FOR SALE

740 Valley View Ave Monrovia, CA 91016

Estimated Value: $1,086,285 - $1,284,000

3 Beds
2 Baths
1,321 Sq Ft
$873/Sq Ft Est. Value

Last Sold November 08, 2019

Last sale price $700,000 $530 Per Sq Ft

Est. 65% increase in value since last sale

Current estimated payment $6,866/month

13 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Clifton Middle School Rated A-
  • Hiking Trails
  • Laundry Room

About This Home

As of November 2019

A rare and unpolished gem of a property that has been remodeled and improved several times with a large master bedroom. The value of this property is in its prestigious location and huge lot with a great potential for development into two units. There is an alley in the back that provides future development access. The interior walls have a fresh coat of paint and the bathrooms have brand new toilets. The yard is well-maintained with plenty of fruit trees that will provide persimmons, avocados, figs, pears, pomegranates, lemons, and loquats. The quaint and charming neighborhood with tree-lined streets is great for evening strolls and relaxation on the front porch. Close to both Monrovia Canyon Park as well as Old Town Monrovia and shopping centers, you could easily be immersed in nature and go shopping within minutes. The property is also close to the Monrovia City Hall, Monrovia Library, churches and schools. Sale price is lower than market value. Buyer and selling agent shall check with the city to verify any details relating to zoning, square footage, building permits and building material used. The subject property is being sold at present AS IS condition.

Last Agent to Sell the Property

Juliar Wang

SLJ Real Estate & Financial License #01031991 Listed on: 10/11/2019

Last Buyer's Agent

Juliar Wang

SLJ Real Estate & Financial License #01031991 Listed on: 10/11/2019

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1922

Lot Details

  • 10,003 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned MORM*

Parking

  • 1 Car Garage

Property Views

  • Mountain
  • Hills

Interior Spaces

  • 1,321 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Cooling System Mounted To A Wall/Window
  • Sewer Paid

Listing and Financial Details

  • Legal Lot and Block 11 / C
  • Tax Tract Number 4303
  • Assessor Parcel Number 8518041001

Community Details

Overview

  • No Home Owners Association
  • Foothills

Recreation

  • Hiking Trails

Home Details

Home Type

Single Family

Year Built

Built in 1922

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: MORM*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8518041001
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1321.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 529.90
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Hills, Mountain(s)
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Foothills, Hiking

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 10003.00
  • Lot Size Acres: 0.2296

Multi Family

  • Lease Considered: No
  • Lot Size Area: 10003.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Block: C
  • Tax Census Tract: 4303.01
  • Tax Lot: 11
  • Tax Tract Number: 4303

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 11, 2019
Closed on
Nov 8, 2019
Sold by
Wang
Bought by
Dong
Seller's Agent
Juliar Wang
SLJ Real Estate & Financial
Buyer's Agent
Juliar Wang
SLJ Real Estate & Financial
List Price
$793,000
Sold Price
$700,000
Premium/Discount to List
-$93,000
-11.73%
Current Estimated Value
$1,152,821

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$452,821
Avg. Annual Appreciation
8.44%
Interest Rate
3.69%

Purchase Details

Listed on
May 8, 2014
Closed on
Jun 18, 2014
Sold by
Lee James
Bought by
The Wang Living Trust
Seller's Agent
Juliar Wang
SLJ Real Estate & Financial
Buyer's Agent
Juliar Wang
SLJ Real Estate & Financial
List Price
$589,600
Sold Price
$612,000
Premium/Discount to List
$22,400
3.8%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.53%

Purchase Details

Closed on
Feb 14, 2014
Sold by
Wang Faye
Bought by
Lee James and Lee Connie
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
Dong -- --
The Wang Living Trust $612,000 First American Title Company
Lee James -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Dong --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/08/2019 11/08/19 Sold $700,000 0.0% $530 / Sq Ft
11/08/2019 11/08/19 Sold $700,000 -6.6% $530 / Sq Ft View Prior Sale
10/20/2019 10/20/19 Price Changed $749,800 -5.4% $568 / Sq Ft
10/11/2019 10/11/19 For Sale $793,000 +13.3% $600 / Sq Ft
10/06/2019 10/06/19 Off Market $700,000 -- --
08/13/2019 08/13/19 For Sale $835,000 0.0% $632 / Sq Ft
07/01/2016 07/01/16 Rented $2,300 -7.3% --
06/12/2016 06/12/16 For Rent $2,480 +3.3% --
07/24/2015 07/24/15 Rented $2,400 -3.2% --
06/24/2015 06/24/15 Under Contract -- -- --
06/15/2015 06/15/15 For Rent $2,480 +3.3% --
08/29/2014 08/29/14 Rented $2,400 -15.8% --
07/30/2014 07/30/14 Under Contract -- -- --
06/26/2014 06/26/14 For Rent $2,850 0.0% --
06/25/2014 06/25/14 Sold $612,000 +3.8% $463 / Sq Ft View Prior Sale
05/18/2014 05/18/14 Pending -- -- --
05/08/2014 05/08/14 For Sale $589,600 -- $446 / 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 $10,128 $765,549 $612,440 $153,109
2024 $10,128 $750,539 $600,432 $150,107
2023 $9,893 $735,823 $588,659 $147,164
2022 $9,603 $721,396 $577,117 $144,279
2021 $9,415 $707,251 $565,801 $141,450
2020 $9,211 $700,000 $560,000 $140,000
2019 $8,878 $672,531 $538,027 $134,504
2018 $8,666 $659,345 $527,478 $131,867
2016 $8,338 $633,745 $506,997 $126,748
2015 $8,155 $624,227 $499,382 $124,845
2014 $2,548 $174,610 $77,151 $97,459
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2019

    Juliar Wang

    SLJ Real Estate & Financial

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR19241620

California Regional Multiple Listing Service (CRMLS)

APN: 8518-041-001

California Los Angeles County Monrovia 91016

740 Valley View Ave, Monrovia, CA

Not Listed for Sale

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