NOT LISTED FOR SALE

777 W Colorado Blvd Monrovia, CA 91016

Estimated Value: $1,299,000 - $1,539,429

5 Beds
4 Baths
2,666 Sq Ft
$527/Sq Ft Est. Value

Last Sold January 05, 2018

Last sale price $810,000 $304 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $9,077/month

8 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Forced Air Heating and Cooling System
  • Monrovia High School Rated A
  • Laundry Room
  • South Facing Home

About This Home

As of January 2018

Duplex in Monrovia! Two unit Investment property. The only shared wall is the garage. Front house is a 2 bedroom 2 bath with approx. 1230 sf of living area. The layout of the front house includes living room, kitchen, hall bath, master bedroom with attached bath, laundry area and attached 2 car garage. The back house is a 3 bedroom 2 bath with approx. 1426 sf of living area. The layout of the back house includes living room, dining room, large kitchen, master bedroom with attached bath, hallway bathroom, attached two car garage and large back yard. Both units have central air and forced air heating. Conveniently located near schools, shops and transportation. Large lot at 10k+ sf offers potential opportunity! Do not disturb tenants.

Last Agent to Sell the Property

Mike Lepore

Century 21 Village Realty License #00777711 Listed on: 11/13/2017

Co-Listed By

Kris Mathison

K&M Realty License #01444096

Last Buyer's Agent

Mike Lepore

Real Properties Group License #00777711

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,527

Year Built

  • Built in 1976

Lot Details

  • 10,210 Sq Ft Lot
  • Lot Dimensions are 53x190
  • 1 Common Wall
  • South Facing Home
  • Wood Fence
  • Chain Link Fence
  • Fence is in poor condition
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Two Garage Doors
  • Assigned Parking

Home Design

  • Duplex
  • Composition Roof
  • Stucco

Interior Spaces

  • 2,666 Sq Ft Home
  • 1-Story Property
  • Mountain Views
  • Gas Oven
  • Laundry Room

Flooring

  • Concrete
  • Vinyl

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Additional Features

  • Exterior Lighting
  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 2
  • Tax Tract Number 4310
  • Assessor Parcel Number 8505023028

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $780
  • Insurance Expense $900
  • Professional Management Expense $2,880
  • Trash Expense $535
  • Water Sewer Expense $1,800
  • New Taxes Expense $10,875
  • Operating Expense $16,692
  • Net Operating Income $31,308

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,527

Year Built

Built in 1976

Lot Details

0

Parking

4

Listing Details

  • Other Phone Description: 818-429-1092
  • Other Phone Number: 626-232-3832
  • Professional Management Expense: 2880.00
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Water Sewer Expenses: 1800.00
  • Zoning: MORM*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 780.00
  • Parcel Number: 8505023028
  • Year Built: 1976
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Concrete, Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 303.83
  • Room Type: Kitchen, Laundry, Master Bathroom

Exterior Features

  • Direction Faces: South
  • View: Mountain(s)
  • Fence: Yes
  • Fencing: Chain Link, Poor Condition, Wood
  • Pool Private: No
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Concrete, Garage - Two Door
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven
  • Heating Type: Forced Air
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 535.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard, Lot 10000-19999 Sqft
  • Lot Size: 53x190
  • Lot Size Sq Ft: 10210.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average2 Bed Area: 1230 Square Feet
  • Average3 Bed Area: 1436 Square Feet
  • Gross Scheduled Income: 48000.00
  • Insurance Expense: 900.00
  • Net Operating Income: 31308.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Number With Range: 2
  • Operating Expense: 16692.00
  • Rent Control: No
  • Total Actual Rent: 4000.00
  • Total Expenses: 16692.00

Tax Info

  • New Taxes Expense: 10875.00
  • Tax Census Tract: 4310.01
  • Tax Lot: 2
  • Tax Tract Number: 4310

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 25, 2019
Sold by
Haupt Wyatt D and Haupt Ma Elena Shuton
Bought by
Haupt Wyatt D and Wyatt D Haupt Sr Revocable Tru
Total Days on Market
8
Current Estimated Value
$1,405,357

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 3, 2018
Sold by
Corado Llc
Bought by
Haupt Wyatt D and Teh Wyatt D Haupt Sr Revocable

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$580,100
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Nov 13, 2017
Closed on
Nov 22, 2017
Sold by
Meyers Terry Raey and Trust Of Terry Raey Meyers
Bought by
Corado Llc
Seller's Agent
Mike Lepore
Century 21 Village Realty
Buyer's Agent
Mike Lepore
Century 21 Village Realty
List Price
$725,000
Sold Price
$810,000
Premium/Discount to List
$85,000
11.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.84%

Purchase Details

Closed on
Apr 27, 2006
Sold by
Meyers Terry R
Bought by
Meyers Terry Raey and Trust Of Terry Raey Meyers

Purchase Details

Closed on
May 19, 1999
Sold by
Meyers Terry
Bought by
Meyers Terry Raey and Terry Raey Meyers Living Trust

Purchase Details

Closed on
Jan 14, 1999
Sold by
Meyers Terry and Meyers Terry R
Bought by
Meyers Terry R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$118,000
Interest Rate
6.63%
Source: Public Records

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Range of Values:

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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
Haupt Wyatt D -- Accommodation
Haupt Wyatt D -- Lawyers Title
Haupt Wyatt D $970,000 Lawyers Title Company
Corado Llc $810,000 Lawyers Title
Meyers Terry Raey -- --
Meyers Terry R -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hauypt Wyatt D $548,250
Closed Haupt Wyatt D $580,000
Closed Haupt Wyatt D $580,100
Previous Owner Meyers Terry Raey $376,700
Previous Owner Meyers Terry Raey $380,000
Previous Owner Meyers Terry R $118,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/05/2018 01/05/18 Sold $810,000 +11.7% $304 / Sq Ft
11/21/2017 11/21/17 Pending -- -- --
11/13/2017 11/13/17 For Sale $725,000 -- $272 / 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
2024 $14,527 $1,060,832 $459,329 $601,503
2023 $14,196 $1,040,032 $450,323 $589,709
2022 $13,786 $1,019,641 $441,494 $578,147
2021 $13,515 $999,649 $432,838 $566,811
2020 $13,101 $989,400 $428,400 $561,000
2019 $12,870 $970,000 $420,000 $550,000
2018 $2,731 $162,535 $20,684 $141,851
2016 $2,608 $156,226 $19,882 $136,344
2015 $2,557 $153,880 $19,584 $134,296
2014 $2,547 $150,867 $19,201 $131,666
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR17256921

California Regional Multiple Listing Service (CRMLS)

APN: 8505-023-028