NOT LISTED FOR SALE

803 E Lemon Ave Monrovia, CA 91016

Estimated Value: $929,000 - $1,144,000

4 Beds
2 Baths
1,632 Sq Ft
$620/Sq Ft Est. Value

Last Sold June 27, 2012

Last sale price $380,000 $233 Per Sq Ft

Est. 166% increase in value since last sale

Current estimated payment $5,871/month

905 Days on Market

Highlights

  • No Heating
  • Clifton Middle School Rated A-
  • 4-minute walk to Recreation Park

About This Home

As of June 2012

GREAT INVESTMENT OPPORTUNITY! Great location. Duplex (two attached homes) with 2 beds, 1 bath each and 3 parking spaces total. VERY CLOSE TO DOWNTOWN MONROVIA AND BEAUTIFUL PARK! *The correct address for the property is 803-805 E Lemon Ave. {Seller-accepted offer in short sale approval process at this time - any back up offers will be held until the results are in from the bank}.

Last Agent to Sell the Property

Edward Thangaratnam

HomeSmart, Evergreen Realty License #01379738 Listed on: 08/17/2009

Last Buyer's Agent

Grace Houng

Kingston Realty License #00769788

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 6,996

Parking

  • 2 Parking Spaces

Home Design

  • 1,632 Sq Ft Home

Additional Features

  • 6,996 Sq Ft Lot
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 12 / D
  • Tax Tract Number 5315
  • Assessor Parcel Number 8517019011

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Gas Meters
  • Electric Expense $756
  • Gardener Expense $600
  • Trash Expense $1,044
  • Gross Income $2,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Listing Details

  • Assessments: No
  • View: No
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 8517019011
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Appliances: No
  • Price Per Square Foot: 232.84

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: No
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: No
  • Trash Expense: 1044.00

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 6996.00
  • Lot Size Acres: 0.1610

Multi Family

  • Electric Expense: 756.00
  • Gross Income: 2300.00
  • Gross Multiplier: 15.18
  • Gross Scheduled Income: 27600.00
  • Lot Size Area: 6996.0000 Square Feet
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Area: 6191
  • Tax Block: D
  • Tax Lot: 12
  • Tax Tract Number: 5315

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 29, 2022
Sold by
Hun Tran Albert and Hua Jade
Bought by
Tran Family Trust
Current Estimated Value
$1,012,608

Purchase Details

Listed on
Aug 17, 2009
Closed on
May 1, 2012
Sold by
Malleappah Adrian and Malleappah Elena
Bought by
Tran Albert Hoc and Tran Jade Tuyet Hua
Seller's Agent
Edward Thangaratnam
HomeSmart, Evergreen Realty
Buyer's Agent
Grace Houng
Kingston Realty
List Price
$560,000
Sold Price
$380,000
Premium/Discount to List
-$180,000
-32.14%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.53%
Original Mortgage
$228,000
Interest Rate
3.74%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2009
Sold by
Malleappah Adrian and Malleappah Elena
Bought by
Malleappah Adrian

Purchase Details

Closed on
Dec 19, 2006
Sold by
Picato Evangeline
Bought by
Picato Ernesto Dugenia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 17, 2006
Sold by
Weerasinghe Monica
Bought by
Malleappah Adrian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$520,000
Interest Rate
7.25%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 4, 2001
Sold by
Siddiqui Akbar H and Siddiqui Anina K
Bought by
Weerasinghe Idealia M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$214,800
Interest Rate
6.62%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Tran Family Trust -- Accommodation/Courtesy Recordi
Tran Albert Hoc $380,000 California Title Company
Malleappah Adrian -- None Available
Picato Ernesto Dugenia -- Ticor Title Company
Malleappah Adrian $650,000 Ticor Title Company
Weerasinghe Idealia M $268,500 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Tran Albert Hoc $228,000
Previous Owner Picato Ernesto Dugenia $520,000
Previous Owner Weerasinghe Idealia M $214,800
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/27/2012 06/27/12 Sold $380,000 -32.1% $233 / Sq Ft
02/08/2012 02/08/12 Pending -- -- --
08/17/2009 08/17/09 For Sale $560,000 -- $343 / 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 $6,792 $477,289 $376,811 $100,478
2024 $6,792 $467,931 $369,423 $98,508
2023 $6,641 $458,757 $362,180 $96,577
2022 $6,455 $449,763 $355,079 $94,684
2021 $6,328 $440,945 $348,117 $92,828
2019 $6,040 $427,869 $337,793 $90,076
2018 $5,842 $419,480 $331,170 $88,310
2016 $5,617 $403,193 $318,311 $84,882
2015 $5,497 $397,137 $313,530 $83,607
2014 $5,449 $389,359 $307,389 $81,970
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: S586000

California Regional Multiple Listing Service (CRMLS)

APN: 8517-019-011