NOT LISTED FOR SALE

801 E Lemon Ave Monrovia, CA 91016

Estimated Value: $1,061,000 - $1,570,000

5 Beds
4 Baths
2,492 Sq Ft
$548/Sq Ft Est. Value

Last Sold May 02, 2013

Last sale price $620,000 $249 Per Sq Ft

Est. 120% increase in value since last sale

Current estimated payment $8,066/month

1,125 Days on Market

Highlights

  • 4 Car Direct Access Garage
  • Central Air
  • 4-minute walk to Recreation Park
  • Clifton Middle School Rated A-
  • Wall Furnace

About This Home

As of May 2013

Neat and clean units with newer roofs right across the street from the park with a 4 car garage. Front unit has a huge living room with a bay window with a view of the park, 3 spacious bedrooms, 2 bathrooms and an updated kitchen, mirror wardrobe doors, and a master bathroom. Rear unit has cathedral ceilings, tile floors, an open and airy floor plan, 2 bedrooms downstairs, and a loft upstairs that could be used as a bedroom.

Last Agent to Sell the Property

Jonathan Starr

RE/MAX MASTERS REALTY License #00891616 Listed on: 10/31/2012

RE/MAX MASTERS REALTY

Last Buyer's Agent

Jonathan Starr

RE/MAX MASTERS REALTY License #00891616 Listed on: 10/31/2012

RE/MAX MASTERS REALTY

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1947

Lot Details

  • 7,000 Sq Ft Lot

Parking

  • 4 Car Direct Access Garage
  • Parking Available

Home Design

  • 2,492 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Utilities

  • Central Air
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 13
  • Tax Tract Number 5315
  • Assessor Parcel Number 8517018001

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $3,400
  • Net Operating Income $31,800

Property Details

Home Type

Multi-Family

Year Built

Built in 1947

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Subdivision Name Other: OTHR
  • Property Type: Residential Income
  • Parcel Number: 8517018001
  • Year Built: 1947
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: Two
  • Price Per Square Foot: 248.80

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Direct Garage Access
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Heating Type: Wall Furnace
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 7000.00
  • Lot Size Acres: 0.1600

Multi Family

  • Gross Income: 3400.00
  • Gross Scheduled Income: 40800.00
  • Lot Size Area: 7000.0000 Square Feet
  • Net Operating Income: 31800.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 9000.00
  • Rent Control: No

Tax Info

  • Tax Lot: 13
  • Tax Tract Number: 5315
  • Tax Year: 2009

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Nov 30, 2015
Sold by
Kwang Gloria and Kwang Lillian
Bought by
Kwang Lillian H and The Lillian H Kwang Revocable
Current Estimated Value
$1,365,649

Purchase Details

Listed on
Oct 31, 2012
Closed on
Mar 6, 2013
Sold by
Pratt Kevin S
Bought by
Kwang Gloria and Kwang Lillian
Seller's Agent
Jonathan Starr
RE/MAX MASTERS REALTY
Buyer's Agent
Jonathan Starr
RE/MAX MASTERS REALTY
List Price
$675,000
Sold Price
$620,000
Premium/Discount to List
-$55,000
-8.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.44%
Original Mortgage
$465,000
Interest Rate
3.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 8, 2008
Sold by
Pratt Kevin S and Vidal Ramirez Nancy
Bought by
Pratt Kevin S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
5.77%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 21, 2008
Sold by
Pratt Kevin S
Bought by
Pratt Kevin S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$254,000
Interest Rate
6.22%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 11, 2007
Sold by
Pratt Millicent L
Bought by
Pratt Kevin S

Purchase Details

Closed on
Apr 7, 2006
Sold by
Reed David C and Reed Barbara A
Bought by
Pratt Kevin S and Pratt Milicent L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.29%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
May 7, 2003
Sold by
Reed David C and Schultz Barbara Ann
Bought by
Reed David C and Reed Barbara A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$221,000
Interest Rate
5.77%

Purchase Details

Closed on
Sep 8, 1995
Sold by
Ge Capital Mtg Services Inc
Bought by
Reed David C and Schultz Barbara Ann

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,100
Interest Rate
7.97%

Purchase Details

Closed on
Aug 9, 1995
Sold by
Nationsbank Of Virginia Na
Bought by
Ge Capital Mtg Services Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,100
Interest Rate
7.97%

Purchase Details

Closed on
Jun 2, 1995
Sold by
Deluca John H and Deluca Lucille M
Bought by
Nationsbank Of Virginia Na

Purchase Details

Closed on
Oct 3, 1994
Sold by
Deluca John H and Deluca Lucille M
Bought by
Strevel Michael A and Fpm Trust
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
Kwang Lillian H -- None Available
Kwang Gloria $620,000 None Available
Pratt Kevin S -- Service Link
Pratt Kevin S -- Nations Title Norwalk
Pratt Kevin S -- None Available
Pratt Kevin S $765,000 First American Title
Reed David C -- Southland Title
Reed David C $272,636 Stewart Title
Ge Capital Mtg Services Inc -- Stewart Title
Nationsbank Of Virginia Na $256,517 First Southwestern Title
Strevel Michael A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kwang Gloria $465,000
Previous Owner Pratt Kevin S $100,000
Previous Owner Pratt Kevin S $254,000
Previous Owner Pratt Kevin S $250,000
Previous Owner Reed David C $221,000
Previous Owner Reed David C $188,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/02/2013 05/02/13 Sold $620,000 -8.1% $249 / Sq Ft
02/16/2013 02/16/13 Pending -- -- --
01/18/2010 01/18/10 For Sale $675,000 -- $271 / 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 $10,935 $763,475 $492,568 $270,907
2024 $10,935 $748,506 $482,910 $265,596
2023 $10,694 $733,831 $473,442 $260,389
2022 $10,395 $719,443 $464,159 $255,284
2021 $10,190 $705,337 $455,058 $250,279
2020 $9,897 $698,105 $450,392 $247,713
2019 $9,728 $684,417 $441,561 $242,856
2018 $9,488 $670,998 $432,903 $238,095
2016 $9,126 $644,944 $416,094 $228,850
2015 $8,932 $635,257 $409,844 $225,413
2014 $8,842 $622,814 $401,816 $220,998
Source: Public Records

Agents Affiliated with this Home

  • Jonathan Starr

    Seller's Agent in 2013

    Jonathan Starr

    RE/MAX

    (626) 915-1422

    2 in this area

    115 Total Sales

    Jonathan Starr
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: C10006755

California Regional Multiple Listing Service (CRMLS)

APN: 8517-018-001

California Los Angeles County Monrovia 91016

801 E Lemon Ave, Monrovia, CA

Not Listed for Sale

MultiFamily

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