NOT LISTED FOR SALE

859 W Walnut Ave Monrovia, CA 91016

Estimated Value: $1,273,000 - $1,415,000

6 Beds
4 Baths
3,229 Sq Ft
$423/Sq Ft Est. Value

Last Sold January 20, 2012

Last sale price $610,000 $189 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $8,088/month

100 Days on Market

About This Home

As of January 2012

These lovely units are totally independent from each other. Each unit consists in 2 bedrooms and 1 bath. The last unit (back) is a studio with its own bathroom. They are very close to shopping centers and to the city of Arcadia. And they have a huge lot size.
They won't last!

Last Agent to Sell the Property

Guadalupe Garcia-Rugerio

COLDWELL BANKER LEADERS License #01291990 Listed on: 07/30/2011

COLDWELL BANKER LEADERS

Last Buyer's Agent

Jacqueline Lee

Jacqueline L. Lee License #01149642

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,345

Year Built

  • Built in 1923

Lot Details

  • 10,225 Sq Ft Lot

Parking

  • 4 Parking Spaces

Home Design

  • 3,229 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 4359
  • Assessor Parcel Number 8506029006

Community Details

Overview

  • 4 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $2,800
  • Insurance Expense $1,800
  • Trash Expense $960
  • Water Sewer Expense $1,200
  • New Taxes Expense $10,900
  • Gross Income $57,000
  • Net Operating Income $39,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,345

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 8506029006
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per Square Foot: 188.91

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Trash Expense: 960.00

Lot Info

  • Lot Size Sq Ft: 10225.00
  • Lot Size Acres: 0.2300

Multi Family

  • Electric Expense: 2800.00
  • Gross Income: 57000.00
  • Gross Scheduled Income: 54000.00
  • Insurance Expense: 1800.00
  • Lot Size Area: 10225.0000 Square Feet
  • Net Operating Income: 39000.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 15000.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 10900.00
  • Tax Lot: 9
  • Tax Tract Number: 4359
  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2011
Closed on
Dec 21, 2011
Sold by
Casas Ramiro
Bought by
Lam Stephen S and Tam Mindy
Seller's Agent
Guadalupe Garcia-Rugerio
COLDWELL BANKER LEADERS
Buyer's Agent
Jacqueline Lee
Jacqueline L. Lee
List Price
$750,000
Sold Price
$610,000
Premium/Discount to List
-$140,000
-18.67%
Current Estimated Value
$1,364,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$754,667
Avg. Annual Appreciation
6.02%
Original Mortgage
$457,000
Outstanding Balance
$311,416
Interest Rate
3.93%
Mortgage Type
New Conventional
Estimated Equity
$1,053,251

Purchase Details

Closed on
Mar 23, 2006
Sold by
Casas Rosa
Bought by
Casas Ramiro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,850
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 17, 2006
Sold by
Quach Chinh V and Tran Josephine L
Bought by
Casas Ramiro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,850
Interest Rate
6.25%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 19, 2005
Sold by
Fuqua Kent and Fuqua Pretam
Bought by
Quach Chinh V and Tran Josephine L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,000
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 10, 2005
Sold by
Truong Nga Sieu
Bought by
Quach Chinh V

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$636,000
Interest Rate
7%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Dec 28, 2004
Sold by
Fuqua Kent A and Fuqua Pretam
Bought by
Fuqua Kent and Fuqua Pretam

Purchase Details

Closed on
Oct 22, 2004
Sold by
Fuqua Kent and Fuqua Pretam
Bought by
Fuqua Kent A and Fuqua Pretam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$490,000
Interest Rate
4.87%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 18, 2004
Sold by
Fuqua Pretam
Bought by
Fuqua Kent and Fuqua Pretam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
4.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 9, 2004
Sold by
Fuqua Kent
Bought by
Fuqua Pretam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
4.58%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 17, 2002
Sold by
Fuqua Kent and Fuqua Pretam
Bought by
Fuqua Kent and Fuqua Pretam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$312,000
Interest Rate
6.5%

Purchase Details

Closed on
Jul 22, 2001
Sold by
Fuqua Kent and Fuqua Pretam
Bought by
Fuqua Kent and Fuqua Pretam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,100
Interest Rate
7.19%

Purchase Details

Closed on
Jun 22, 2001
Sold by
Maloney Michael P and Maloney Janet Y
Bought by
Fuqua Kent and Fuqua Pretam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$296,100
Interest Rate
7.19%

Purchase Details

Closed on
Aug 13, 1999
Sold by
Maloney Michael P and Maloney Janet Y
Bought by
Maloney Michael P and Maloney Janet Y

Purchase Details

Closed on
Jul 13, 1995
Sold by
Glendale Federal Bank Fsb
Bought by
Maloney Michaelp and Maloney Janet Y

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
7.97%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
May 10, 1995
Sold by
Meaglia Richard and Meaglia Soledad Esther
Bought by
Glendale Federal Bank Fsb
Source: Public Records

Range of Values:

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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
Lam Stephen S $610,000 Fidelity National Title
Casas Ramiro -- Southland Title
Casas Ramiro $959,000 Southland Title
Quach Chinh V $795,000 --
Quach Chinh V -- Southland Title Company
Fuqua Kent -- --
Fuqua Kent A -- Equity Title Company
Fuqua Kent -- --
Fuqua Pretam -- Equity Title Company
Fuqua Kent -- Southland Title
Fuqua Kent -- --
Fuqua Kent $329,000 Chicago Title Co
Maloney Michael P -- --
Maloney Michaelp $160,000 Continental Lawyers Title Co
Glendale Federal Bank Fsb $258,877 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Lam Stephen S $457,000
Previous Owner Casas Ramiro $143,850
Previous Owner Casas Ramiro $719,250
Previous Owner Quach Chinh V $636,000
Previous Owner Quach Chinh V $79,500
Previous Owner Fuqua Kent A $490,000
Previous Owner Fuqua Pretam $378,000
Previous Owner Fuqua Kent $312,000
Previous Owner Fuqua Kent $296,100
Previous Owner Maloney Michaelp $144,000
Closed Fuqua Kent A $70,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/20/2012 01/20/12 Sold $610,000 -18.7% $189 / Sq Ft
11/07/2011 11/07/11 Pending -- -- --
07/30/2011 07/30/11 For Sale $750,000 -- $232 / 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 $11,345 $773,341 $565,219 $208,122
2024 $11,345 $758,179 $554,137 $204,042
2023 $11,101 $743,314 $543,272 $200,042
2022 $10,797 $728,740 $532,620 $196,120
2021 $10,585 $714,452 $522,177 $192,275
2020 $10,287 $707,127 $516,823 $190,304
2019 $10,117 $693,263 $506,690 $186,573
2018 $9,792 $679,670 $496,755 $182,915
2016 $9,415 $653,279 $477,466 $175,813
2015 $9,218 $643,468 $470,295 $173,173
2014 $9,148 $630,864 $461,083 $169,781
Source: Public Records

Agents Affiliated with this Home

  • J

    Buyer's Agent in 2012

    Jacqueline Lee

    Jacqueline L. Lee

    (310) 980-6238

    3 Total Sales

    Jacqueline Lee
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: C11100366

California Regional Multiple Listing Service (CRMLS)

APN: 8506-029-006

California Los Angeles County Monrovia 91016

859 W Walnut Ave, Monrovia, CA

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