215 W Colorado Blvd Monrovia, CA 91016

$400,000 Sold Price as of 05/15/2000

9 Beds
8 Baths
4,744 Sq.Ft.

Off Market

$400,000 Sold Price as of 05/15/2000 Refinance Your Mortgage

Map preview of 215 W Colorado Blvd, Monrovia, CA 91016

Property Overview: 215 W Colorado Blvd Monrovia, CA has 9 bedrooms, 8 bathrooms, 4,744 living square feet and 7,991 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

215 W Colorado Blvd is currently an off market home in the city of Monrovia. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Monrovia has a median list price of $1,000,000. The median price per/sqft for Monrovia is $676. With those numbers in mind, if you are looking to purchase a median priced home in Monrovia, CA and put 20% down you will need to save up $200,000 for the down payment and will need roughly $20,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Monrovia the commission could be as much as $37,250. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 215 W Colorado Blvd

Last sold for $400,000 on May 15th, 2000

April, 2019
Apr 18, 2019

Date

Expired

CRMLS: CV18291228

$1,798,000

Price
Dec 17, 2018

Date

Active

CRMLS: CV18291228

$1,798,000

Price
Listing provided courtesy of CRMLS

Great opportunity for an investor, the seller will consider carrying a first TD with 50% down for 20 years at market rate for qualified buyers. These units are a great investment for a first-time investor or a seasoned investor seeking solid returns. The property is composed of 4 units, one unit is 3 bedroom and 1.5 bath, while the other three units are 2 bedrooms and 1.5 bath. Laundry hook up inside units. Close to Downtown Monrovia, shopping and entertainment. There's upside rent potential. Proforma cap rate would be 4.1%. Buyer to complete their own due diligence in regards to all aspects of the property, including income, expenses and potential rents.

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May, 2000
May 15, 2000

Date

Sold (Public Records)

Public Records

$400,000

Price

Tax History for 215 W Colorado Blvd

Assessed Value (2020): $562,133

Year	Land Value	Improved Value	Assessed Value
2020	$168,635	$393,498	$562,133

About 215 W Colorado Blvd

Detailed summary of property

215 W Colorado Blvd is categorized with a use code of Quadruplex (4 Units, Any Combination) in Monrovia, CA 91016 and last sold on May 15, 2000 for $400,000. This property has 9 bedrooms, 8 bathrooms, roughly 4,744 living square feet, and sits on an approximately 7,991 square foot lot. Homes in Monrovia are selling for a median price of $745,000 and a median price per square foot of $564. Based on Ardent Real Estate Group's Monrovia Market Data, this home is sold 46.31% lower than the current median priced home. 215 W Colorado Blvd was last sold on May 15, 2000 for $400,000. Local nearby listings include 2029 Baylor St, 1245 Amberwood Dr and 2305 Sesmas St. The average home in Monrovia, CA is selling in 46 days. There are currently 69 homes for sale in the Monrovia real estate market and 61 of them are single family homes while 6 of them are condos and 2 are townhomes. If you are the homeowner and looking to sell the home at 215 W Colorado Blvd Monrovia, CA 91016 contact Ardent Real Estate Group and we will put you in touch with one of our Monrovia agents.

Public Facts for 215 W Colorado Blvd

Public county record property details

Beds: 9
Baths: 8
Year built: 1985
Sq. Ft.: 4,744
Lot Size: 7,991
Stories: --

Type: Quadruplex (4 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 21
APN: 8516-024-022

The source for these homes facts are from public records.

91016 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,000,000

Median List Price/Sq.Ft.

$676

Median Sold Price

$745,000

Median Sold Price/Sq.Ft.

$564

Total Inventory

Median Sale to List Price %

103.47%

Avg Days on Market

Loan Type

Conventional (35.71%), FHA (0%), VA (0%), Cash (21.43%), Other (42.86%)

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