NOT LISTED FOR SALE

811 Crescent Dr Monrovia, CA 91016

Estimated Value: $792,000 - $1,472,000

5.5 Acres
$218,934 Price per Acre
239,580 Sq Ft Lot

Last Sold October 08, 2024

Last sale price $1,300,000

Est. 7% decrease in value since last sale

Current estimated payment $6,623/month

11 Days on Market

Highlights

  • Panoramic View
  • 5.5 Acre Lot
  • Foothills
  • Mayflower Elementary School Rated A
  • No HOA

About This Lot

As of October 2024

Presenting a once-in-a-lifetime opportunity to purchase a vacant 5.5-acre parcel in the Foothills of Monrovia. Located in a highly desirable North Monrovia residential neighborhood THIS is where you want to build and a true RARE find. Privacy, breathtaking views of the San Gabriel Valley, and majestic sunrises and sunsets will be part of your lifestyle when you develop this land. Build your grand estate or two luxury homes each with an ADU. This special property backs up to the Monrovia Wilderness Preserve which is a protected area, therefore no one can build above you, further ensuring the privacy of your investment. Utilities are located at the street level and are easily accessible and ready to hook up. All local amenities are minutes away with easy freeway access and DTLA is 20 miles away. Don’t miss out on this unparalleled chance to secure this property in one of Monrovia’s most coveted areas.

Last Agent to Sell the Property

Wilfred Kaliel

Coldwell Banker Residential Brokerage Phone: 626-497-2227 License #01720864 Listed on: 07/23/2024

Coldwell Banker Residential

Last Buyer's Agent

Ruben Leon

Flex Investments License #01805500

Property Details

Property Type

  • Land

Lot Details

  • 5.5 Acre Lot
  • Density is 2-5 Units/Acre
  • 8503004003,8503004006,8503004013,8503004014,8503010023
  • Property is zoned MORF*

Property Views

  • Panoramic
  • City Lights

Community Details

  • No Home Owners Association
  • Foothills

Listing and Financial Details

  • Tax Lot 5
  • Assessor Parcel Number 8503010020
  • $240 per year additional tax assessments
  • Seller Considering Concessions

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: MORF*
  • Property Type: Land
  • Parcel Number: 8503010020
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 5.43

Exterior Features

  • View: City Lights, Panoramic

Utilities

  • Utilities: Electricity Connected, Sewer Available, Water Available, Water Connected
  • Electric: Electricity - On Property
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 8503004003,8503004006,8503004013,8503004014,8503010023
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 239580.00
  • Lot Size Acres: 5.5000

Multi Family

  • Lot Size Area: 239580.0000 Square Feet

Tax Info

  • Tax Census Tract: 4303.01
  • Tax Lot: 5
  • TaxOtherAnnualAssessmentAmount: 240.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 23, 2024
Closed on
Aug 12, 2024
Sold by
Mary T Dempsey Olson 2009 Trust and Dempsey-Olson Mary T
Bought by
John D Renna And Grisel Renna Trust and Renna
Seller's Agent
Wilfred Kaliel
Coldwell Banker Residential
Buyer's Agent
Ruben Leon
Flex Investments
List Price
$1,500,000
Sold Price
$1,300,000
Premium/Discount to List
-$200,000
-13.33%
Views
7
Current Estimated Value
$1,204,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$95,865
Avg. Annual Appreciation
-5.85%
Original Mortgage
$1,000,000
Interest Rate
6.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 23, 2009
Sold by
Dempsey Olson Mary T
Bought by
Dempsey Olson Mary T and Mary T Dempsey Olson 2009 Trust

Purchase Details

Closed on
Sep 29, 1999
Sold by
Dempsey Olson Mary T
Bought by
Olson Erlend M

Purchase Details

Closed on
Jul 16, 1996
Sold by
Johnson Deborah Judeen
Bought by
Johnson Charles Shepherd

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
8.32%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jul 15, 1996
Sold by
Johnson Charles Shephard
Bought by
Dempsey Olson Mary T

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$315,000
Interest Rate
8.32%
Mortgage Type
Seller Take Back
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
John D Renna And Grisel Renna Trust $1,300,000 None Listed On Document
Dempsey Olson Mary T -- None Available
Olson Erlend M -- --
Johnson Charles Shepherd -- Stewart Title
Dempsey Olson Mary T $350,000 Stewart Title
Dempsey Olson Mary T -- Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner John D Renna And Grisel Renna Trust $1,000,000
Previous Owner Dempsey Olson Mary T $315,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/08/2024 10/08/24 Sold $1,300,000 -13.3% --
07/23/2024 07/23/24 For Sale $1,500,000 -- --
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 $3,924 $588,615 $588,615 --
2024 $3,924 $287,404 $287,404 --
2023 $3,837 $281,769 $281,769 $0
2022 $3,727 $276,245 $276,245 $0
2021 $3,660 $270,829 $270,829 $0
2019 $3,486 $262,797 $262,797 $0
2018 $3,406 $257,645 $257,645 $0
2016 $3,287 $247,642 $247,642 $0
2015 $3,217 $243,923 $243,923 $0
2014 $3,221 $239,145 $239,145 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PF24144629

California Regional Multiple Listing Service (CRMLS)

APN: 8503-010-020