NOT LISTED FOR SALE

818 S Mayflower Ave Monrovia, CA 91016

Estimated Value: $946,000 - $1,312,000

4 Beds
3 Baths
2,167 Sq Ft
$505/Sq Ft Est. Value

Last Sold May 21, 2012

Last sale price $480,000 $222 Per Sq Ft

Est. 128% increase in value since last sale

Current estimated payment $6,427/month

44 Days on Market

About This Home

As of May 2012

***APPROVED SHORT SALE***This is an approved short sale of a well-situated triplex that is any investor's dream possession. Just 3 blocks north of W Huntington Drive in desirable Monrovia, it is in a neighborhood of bungalows and is close to the 210 and 605 freeways. It is fully tenanted, with 2 units of 1 bedroom/ 1 bath each and a 3rd unit which has 2 bedrooms and 1 bath. A 3-carport occupies the frontage, with space for 2 more cars. The units face the north side of the street, giving each dwelling ample privacy and distance from street noise. A little loving care will perk up the facade, while each unit is in good moving condition. Owner pays for water and trash.

Last Agent to Sell the Property

Mia McLeod

McLeod & Associates License #01497207 Listed on: 03/14/2012

Last Buyer's Agent

Jenny Lin

Berkshire Hathaway Home Serv. License #01383084

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1954

Lot Details

  • 6,381 Sq Ft Lot

Home Design

  • 2,167 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 5 Parking Spaces
  • 3 Carport Spaces

Listing and Financial Details

  • Tax Lot 24
  • Tax Tract Number 4309
  • Assessor Parcel Number 8506008024

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $100
  • Insurance Expense $1,000
  • Trash Expense $720
  • Water Sewer Expense $96
  • New Taxes Expense $4,000
  • Gross Income $38,935
  • Net Operating Income $38,935

Property Details

Home Type

Multi-Family

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Assessments: Yes
  • Water Sewer Expenses: 96.00
  • Property Type: Residential Income
  • Parcel Number: 8506008024
  • Year Built: 1954
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Levels: One
  • Price Per Square Foot: 221.50

Garage/Parking

  • Carport Spaces: 3.00
  • Total Parking Spaces: 5.00

Utilities

  • Trash Expense: 720.00

Lot Info

  • Lot Size Sq Ft: 6381.00
  • Lot Size Acres: 0.1460

Multi Family

  • Electric Expense: 100.00
  • Gross Income: 38935.00
  • Gross Scheduled Income: 39600.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 6381.0000 Square Feet
  • Net Operating Income: 38935.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Number With Range: 1
  • Number With Refrigerator: 1
  • Operating Expense: 664.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4000.00
  • Tax Lot: 24
  • Tax Tract Number: 4309
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 31, 2012
Sold by
Thu Chan Vyla A
Bought by
Thu Chan Vyla A and The Vyla Chan Revocable Trust
Current Estimated Value
$1,095,333

Purchase Details

Listed on
Mar 14, 2012
Closed on
Apr 25, 2012
Sold by
Kerbow Curtis
Bought by
Chan Vyla A Thu
Seller's Agent
Mia McLeod
McLeod & Associates
Buyer's Agent
Jenny Lin
Berkshire Hathaway Home Serv.
List Price
$445,000
Sold Price
$480,000
Premium/Discount to List
$35,000
7.87%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.21%

Purchase Details

Closed on
May 3, 2006
Sold by
Kerbow Curtis
Bought by
Kerbow Curtis and The Curtis Kerbow Living Trust

Purchase Details

Closed on
Mar 13, 2000
Sold by
O Dell Gertrude T
Bought by
Kerbow Curtis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,000
Interest Rate
8.24%
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
Thu Chan Vyla A -- None Available
Chan Vyla A Thu $480,000 Provident Title Company
Kerbow Curtis -- None Available
Kerbow Curtis $245,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Kerbow Curtis $196,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/21/2012 05/21/12 Sold $480,000 +7.9% $222 / Sq Ft
04/27/2012 04/27/12 Pending -- -- --
03/14/2012 03/14/12 For Sale $445,000 -- $205 / 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 $8,884 $602,893 $439,613 $163,280
2024 $8,670 $591,073 $430,994 $160,079
2023 $8,479 $579,485 $422,544 $156,941
2022 $8,243 $568,123 $414,259 $153,864
2021 $8,080 $556,985 $406,137 $150,848
2020 $7,849 $551,275 $401,973 $149,302
2019 $7,716 $540,467 $394,092 $146,375
2018 $7,499 $529,870 $386,365 $143,505
2016 $7,211 $509,297 $371,363 $137,934
2015 $7,058 $501,648 $365,785 $135,863
2014 $6,999 $491,822 $358,620 $133,202
Source: Public Records

Agents Affiliated with this Home

  • Mia McLeod

    Seller's Agent in 2012

    Mia McLeod

    McLeod & Associates

    (909) 762-6719

    58 Total Sales

    Mia McLeod
    Section Image

  • J

    Buyer's Agent in 2012

    Jenny Lin

    Berkshire Hathaway Home Serv.

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: H12035902

California Regional Multiple Listing Service (CRMLS)

APN: 8506-008-024

California Los Angeles County Monrovia 91016

818 S Mayflower Ave, Monrovia, CA

Not Listed for Sale

MultiFamily

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