NOT LISTED FOR SALE

856 W Olive Ave Unit D Monrovia, CA 91016

Estimated Value: $679,000 - $704,000

2 Beds
1.5 Baths
1,082 Sq Ft
$637/Sq Ft Est. Value

Last Sold September 01, 2023

Last sale price $650,000 $601 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $4,505/month

17 Days on Market

Highlights

  • 0.4 Acre Lot
  • Wood Flooring
  • Granite Countertops
  • Monrovia High School Rated A
  • End Unit
  • Breakfast Area or Nook

About This Home

As of September 2023

This charming end unit townhouse in Monrovia, California, offers a perfect blend of modern convenience and a peaceful setting. Situated in a sought-after neighborhood, this property boasts an array of features that will make you feel right at home. Nestled in the heart of Monrovia, this town-home offers easy access to a wealth of amenities. Enjoy a short stroll to the vibrant Old Town Monrovia, with its diverse dining options, boutique shops, and community events. The neighborhood's tree-lined streets and well-maintained parks create a welcoming ambiance. The open-concept layout, with its ample natural light, creates an inviting atmosphere. The home has been meticulously maintained throughout, ensuring a comfortable and comfortable living experience. Rest and relax in the generously sized bedrooms, perfect for unwinding after a long day. Commuting is a breeze with easy access to major freeways and public transportation options, connecting you to neighboring cities and beyond.

Don't miss this incredible opportunity to own a townhouse in Monrovia that checks all the boxes. Whether you're a first-time buyer, a savvy investor, or seeking a comfortable downsizing option, this condo offers the perfect blend of comfort, convenience, and community. Embrace the vibrant Monrovia lifestyle while savoring the peace and tranquility of your own private sanctuary.

Last Agent to Sell the Property

Vinh Quoc Tran

T.N.G. Real Estate Consultants License #02157284 Listed on: 07/27/2023

T.N.G. Real Estate Consultants

Last Buyer's Agent

Yann Fard

Merit Real Estate License #01917095

Merit Real Estate

Townhouse Details

Home Type

  • Townhome

Year Built

  • Built in 1985

Lot Details

  • End Unit
  • 1 Common Wall
  • Wood Fence
  • Block Wall Fence
  • Level Lot
  • Density is 6-10 Units/Acre

HOA Fees

  • $200 Monthly HOA Fees

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Entry on the 1st floor
  • Turnkey
  • Planned Development
  • Slab Foundation
  • Fire Rated Drywall
  • Asphalt Roof
  • Wood Siding
  • Concrete Perimeter Foundation
  • Copper Plumbing

Interior Spaces

  • 1,082 Sq Ft Home
  • 2-Story Property
  • Recessed Lighting
  • Sliding Doors
  • Living Room

Kitchen

  • Breakfast Area or Nook
  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • Granite Countertops

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Upper Level Bedrooms
  • Stone Bathroom Countertops
  • Bathtub with Shower

Laundry

  • Laundry Room
  • Laundry in Garage
  • Washer and Gas Dryer Hookup

Home Security

Accessible Home Design

  • Doors swing in

Outdoor Features

  • Enclosed Patio or Porch
  • Exterior Lighting

Schools

  • Monroe Elementary School
  • Clifton Middle School
  • Monrovia High School

Utilities

  • Central Heating and Cooling System
  • 220 Volts in Garage
  • Natural Gas Connected
  • Gas Water Heater
  • Phone Available

Listing and Financial Details

  • Legal Lot and Block 1 / 1
  • Tax Tract Number 43228
  • Assessor Parcel Number 8506026045
  • $1 per year additional tax assessments

Community Details

Overview

  • Front Yard Maintenance
  • 8 Units
  • Stone Hill HOA, Phone Number (626) 905-2085
  • Dan Booth Association, Phone Number (818) 317-2939
  • Lisa Tao HOA
  • Foothills

Security

  • Fire and Smoke Detector
  • Fire Sprinkler System

Townhouse Details

Home Type

Townhome

Year Built

Built in 1985

Lot Details

0

HOA Fees

$200 per month

Parking

2

Listing Details

  • Structure Type: Quadruplex
  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Fire Sprinkler System, Smoke Detector(s)
  • View: No
  • Zoning: MORH*
  • Property Condition: Turnkey
  • Property Sub Type: Townhouse
  • Property Type: Residential
  • Parcel Number: 8506026045
  • Year Built: 1985
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1082.00 Square Feet
  • Interior Amenities: Copper Plumbing Full, Granite Counters, Recessed Lighting
  • Stories: 2
  • Common Walls: 1 Common Wall, End Unit
  • Flooring: Tile, Wood
  • Accessibility Features: Doors - Swing In
  • Appliances: Yes
  • Full Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 2
  • Door Features: Sliding Doors
  • Eating Area: Breakfast Nook
  • Entry Level: 1
  • Levels: Two
  • Main Level Bathrooms: 1
  • Price Per Square Foot: 600.74
  • Room Type: All Bedrooms Up, Kitchen, Living Room
  • Bathroom Features: Shower In Tub, Stone Counters
  • Room Kitchen Features: Granite Counters

Exterior Features

  • Patio: Yes
  • Foundation: Concrete Perimeter, Slab
  • Fence: Yes
  • Fencing: Block, Wood
  • Patio And Porch Features: Concrete, Enclosed, Rear Porch
  • Pool Private: No
  • Roof: Asphalt
  • Spa: No
  • Construction Materials: Drywall Walls, Wood Siding

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Concrete, Garage, Garage - Single Door
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Oven, Gas Cooktop, Gas Water Heater
  • Electric: 220 Volts in Garage, Electricity - On Property, Standard
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, In Garage, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Trash, Water, Maintenance Front Yard
  • Association Fee: 200.00
  • Association Fee Frequency: Monthly
  • Association Name: Stone Hill HOA
  • Phone: 626-905-2085
  • Association Phone #2: 818-317-2939
  • Senior Community: No
  • Common Interest: Planned Development
  • Community Features: Foothills, Sidewalks, Street Lights
  • Association Management: Lisa Tao
  • Association Management 2: Dan Booth

Schools

  • Elementary School: Monroe
  • High School: Monrovia
  • Middle Or Junior School: Clifton
  • Elementary School #2: MONROE
  • High School2: MONROV

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Level with Street, Rectangular Lot
  • Lot Size: 17297
  • Lot Size Sq Ft: 17297.00
  • Lot Size Acres: 0.3971

Multi Family

  • Lease Considered: No
  • Lot Size Area: 17297.0000 Square Feet
  • Number Of Units In Community: 8
  • Number Of Units Total: 1

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 060374309.013001
  • Tax Lot: 1
  • Tax Tract: 43228
  • Tax Tract Number: 43228
  • TaxOtherAnnualAssessmentAmount: 1.00

Matterport 3D Tours

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 27, 2023
Closed on
Aug 25, 2023
Sold by
Wong Christine
Bought by
Maghsoudi Elham
Seller's Agent
Vinh Quoc Tran
T.N.G. Real Estate Consultants
Buyer's Agent
Yann Fard
Merit Real Estate
List Price
$599,000
Sold Price
$650,000
Premium/Discount to List
$51,000
8.51%
Views
78
Current Estimated Value
$689,701

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$39,701
Avg. Annual Appreciation
2.53%
Original Mortgage
$520,000
Outstanding Balance
$506,539
Interest Rate
6.78%
Mortgage Type
New Conventional
Estimated Equity
$183,162

Purchase Details

Closed on
Mar 30, 2009
Sold by
Graystone Investment Corporation
Bought by
Wong Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
5.04%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 29, 2008
Sold by
Morris Leanne E
Bought by
Graystone Investment Corp

Purchase Details

Closed on
Sep 22, 2006
Sold by
Morris Leanne E
Bought by
Morris Leanne E and Morris Ryan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,800
Interest Rate
8.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 31, 2006
Sold by
Solid David E and Solid Robin C
Bought by
Morris Leanne E

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$324,800
Interest Rate
8.62%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 30, 1996
Sold by
Bannister Britton Julianne Marie and Britton Seth Allen
Bought by
Solid David E and Solid Robin C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$84,000
Interest Rate
8.23%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Maghsoudi Elham $650,000 Ticor Title
Wong Christine $308,000 California Counties Title Co
Graystone Investment Corp $391,754 Accommodation
Morris Leanne E $605,000 Accommodation
Morris Leanne E $406,000 Fidelity National Title Co
Solid David E $105,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Maghsoudi Elham $520,000
Previous Owner Wong Christine $244,000
Previous Owner Morris Leanne E $324,800
Previous Owner Solid David E $84,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/01/2023 09/01/23 Sold $650,000 +8.5% $601 / Sq Ft
08/13/2023 08/13/23 Pending -- -- --
07/27/2023 07/27/23 For Sale $599,000 -- $554 / 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 $8,814 $663,000 $454,002 $208,998
2024 $8,814 $650,000 $445,100 $204,900
2023 $5,252 $381,214 $204,099 $177,115
2022 $5,100 $373,741 $200,098 $173,643
2021 $4,998 $366,414 $196,175 $170,239
2019 $4,762 $355,548 $190,357 $165,191
2018 $4,645 $348,577 $186,625 $161,952
2016 $4,464 $335,043 $179,379 $155,664
2015 $4,366 $330,011 $176,685 $153,326
2014 $4,322 $323,547 $173,224 $150,323
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23138672

California Regional Multiple Listing Service (CRMLS)

APN: 8506-026-045