NOT LISTED FOR SALE

805 S Mayflower Ave Monrovia, CA 91016

Estimated Value: $996,000 - $1,095,000

2 Beds
1 Bath
1,704 Sq Ft
$611/Sq Ft Est. Value

Last Sold May 18, 2016

Last sale price $590,000 $346 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $6,460/month

3 Days on Market

Highlights

  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Monrovia High School Rated A
  • Laundry Room
  • 2-minute walk to Lucinda Garcia Park

About This Home

As of May 2016

Great opportunity to own 2 units on a lot in the All American City of Monrovia. Both units are 2 bedroom 1 bath with plenty of parking. Great location near schools and parks, just south of Colorado. Units need cosmetic upgrades, but have original great floor plan and architecture. Call to take a look.

Last Agent to Sell the Property

Jim Moran

Moran Real Estate Inc. License #01425464 Listed on: 03/25/2016

Last Buyer's Agent

Jim Moran

Moran Real Estate Inc. License #01425464 Listed on: 03/25/2016

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,487

Year Built

  • Built in 1962

Lot Details

  • 7,107 Sq Ft Lot
  • No Common Walls

Parking

  • 1 Car Garage

Home Design

  • 1,704 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 40
  • Tax Tract Number 7898
  • Assessor Parcel Number 8506016013

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $28,800
  • Net Operating Income $20,160

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,487

Year Built

Built in 1962

Lot Details

0

Parking

1

Listing Details

  • Other Phone Description: 626-644-4426
  • Property Attached: No
  • Road Frontage Type: City Street
  • Property Type: Residential Income
  • Parcel Number: 8506016013
  • Year Built: 1962
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entry Location: Ground Level No Steps
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 346.24

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area, Gas Dryer Hookup
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 7107.00
  • Price Per Lot Square Foot: 83.02

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 28800.00
  • Gross Scheduled Income: 28800.00
  • Net Operating Income: 20160.00
  • 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: 8640.00
  • Operating Expense Percent: 30.00
  • Rent Control: No

Tax Info

  • Tax Lot: 40
  • Tax Tract Number: 7898

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 25, 2016
Closed on
Apr 15, 2016
Sold by
The James M & Eva L Poet Living Trust
Bought by
Choy Kevin W and King Alice
Seller's Agent
Jim Moran
Moran Real Estate Inc.
Buyer's Agent
Jim Moran
Moran Real Estate Inc.
List Price
$548,000
Sold Price
$590,000
Premium/Discount to List
$42,000
7.66%
Current Estimated Value
$1,040,498

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$450,498
Avg. Annual Appreciation
6.32%
Original Mortgage
$411,000
Interest Rate
3.59%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 24, 2013
Sold by
Poet James Michael and Poet Eva Lisbeth
Bought by
The James M & Eva L Poet Living Trust
Source: Public Records

Range of Values:

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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
Choy Kevin W $587,500 Western Resources Title
The James M & Eva L Poet Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Choy Kevin W $380,000
Closed Choy Kevin W $411,000
Previous Owner Poet James Michael $76,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/18/2016 05/18/16 Sold $590,000 +7.7% $346 / Sq Ft
03/28/2016 03/28/16 Pending -- -- --
03/25/2016 03/25/16 For Sale $548,000 -- $322 / 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 $9,487 $695,118 $591,896 $103,222
2024 $9,487 $681,490 $580,291 $101,199
2023 $9,272 $668,128 $568,913 $99,215
2022 $9,005 $655,028 $557,758 $97,270
2021 $8,828 $642,185 $546,822 $95,363
2020 $8,562 $635,602 $541,216 $94,386
2019 $8,412 $623,140 $530,604 $92,536
2018 $8,221 $610,922 $520,200 $90,722
2016 $3,171 $206,134 $82,452 $123,682
2015 $3,107 $203,039 $81,214 $121,825
2014 $3,087 $199,063 $79,624 $119,439
Source: Public Records

Agents Affiliated with this Home

  • Jim Moran

    Seller's Agent in 2016

    Jim Moran

    Moran Real Estate Inc.

    (626) 644-4426

    9 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR16063042

California Regional Multiple Listing Service (CRMLS)

APN: 8506-016-013

California Los Angeles County Monrovia 91016

805 S Mayflower Ave, Monrovia, CA

This home is located at 805 S Mayflower Ave, Monrovia, CA 91016 since 25 March 2016 and is currently estimated at $1,040,498, approximately $610 per square foot. This property was built in 1962. 805 S Mayflower Ave is a home located in Los Angeles County with nearby schools including Monroe Elementary School, Santa Fe Computer Science Magnet, and Monrovia High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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