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228 W Olive Ave, Monrovia, CA 91016
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228 W Olive Ave Monrovia, CA 91016

$1,298,000 Sold Price as of 04/16/2024
  • 3 Beds
  • 2 Baths
  • 1,553 Sq.Ft.
Sold
$1,298,000 Sold Price as of 04/16/2024 Refinance Your Mortgage
Map preview of 228 W Olive Ave, Monrovia, CA 91016

Property Overview: 228 W Olive Ave Monrovia, CA has 3 bedrooms, 2 bathrooms, 1,553 living square feet and 8,060 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Welcome to 228 W Olive Ave. Built in 1887, this Eastlake Victorian resides in one of Monrovia's most desired neighborhoods. Featuring 3 bedrooms and 2 bathrooms, a versatile guest house, and a spacious 3-car garage, the restored residence blends historic charm with modern amenities. Generously sized windows and high-beam ceilings allow natural light to abundantly fill the living room and bedrooms. Additional period details, such as custom woodwork and original hardwood floors, impressively convey the grandeur of the Victorian era. Other home improvements include a reinforced sister-wall foundation, a new HVAC system, and a wonderfully restored front porch. The professionally landscaped backyard is an entertainer's dream with its large deck and stone patio perfectly shaded by mature trees and surrounded by lush plantings. The recently updated guest house, complete with a full kitchen and bathroom, features new flooring, stainless steel appliances, and a new bathroom vanity, mirror, and lighting. In 2019, the City of Monrovia historically landmarked the property and awarded a Mills Act contract, providing significant property tax savings. Located near the shops and restaurants of Downtown Monrovia, this home combines modern convenience with historical character and that small-town feel.

Listed by Megan Ferrell | BRE #01705291 | COMPASS
Last checked: 5 minutes ago | Last updated: April 16th, 2024 | Source CRMLS | DOM: 12

Home details

Lot Sq. Ft
8,060
HOA Dues
$0/mo
Year built
1887
Garage
3 Car
Property Type:
Single Family Home
Status
Sold
MLS#
P1-16897
City
Monrovia
County
Los Angeles
Time on Site
39 days

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 228 W Olive Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Forced Air
Laundry Information
  • Has Laundry
  • Individual Room
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Eating Area: Dining Room
  • Flooring: Tile, Wood
  • Jack & Jill, Primary Suite, Main Floor Primary Bedroom, Main Floor Bedroom, Laundry, Kitchen, All Bedrooms Down, Primary Bedroom, Living Room
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Range, Tankless Water Heater, Refrigerator, Freezer
Bathroom Information
  • # of Baths (Full): 2
  • # of Baths (1/2): 0
  • # of Baths (1/4): 0
  • # of Baths (3/4): 1
Interior Features
  • Crown Molding, Wainscoting, High Ceilings
  • Levels: One
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
Exterior Features
Exterior Information
  • Roof: Composition, Shingle
  • Has Fence
  • Wood
  • No Spa
  • Spa Features: None
  • Has Sprinklers
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Deck, Front Porch
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 3
  • # of Parking Spaces: 3
  • Has Parking
  • Parking Features: Garage - Three Door
  • No Attached Garage
Lot Information
  • Lot Features: Sprinklers In Front, Sprinklers In Rear
  • Common Interest: None
Property Information
  • Has View
  • View: Mountain(s)
  • Common Walls: No Common Walls
  • Parcel Number: 8516034009
  • Year Built Source: Other
  • Architectural Style: Victorian
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: From the 210, head north on Myrtle, turn left on Olive Ave
Neighborhood Information
  • Community Features: Curbs, Sidewalks
View more facts & features

Local Monrovia Agent

Sale History for 228 W Olive Ave

Last sold for $1,298,000 on April 16th, 2024

  • April, 2024

  • Apr 16, 2024

    Date

    Sold

    CRMLS: P1-16897

    $1,298,000

    Price

  • Mar 19, 2024

    Date

    Active

    CRMLS: P1-16897

    $1,298,000

    Price

  • June, 2017

  • Jun 2, 2017

    Date

    Sold

    CRMLS: P0-316007435

    $692,550

    Price

  • Listing provided courtesy of CRMLS

    This adorable Eastlake Cottage with a guest house has much of the original character and detail from the Victorian era, with 3 bedrooms and 2 baths, a formal dining room and sunroom. The home features 14' ceilings, period hardware and fixtures, elaborate original woodwork, and picture frame rail. In addition, the large kitchen has ceramic floors and countertops. It has newer central air and heat as well as newer roof, installed in 2015. The guest house is 390 SqFt with full bathroom as well as full kitchen, and it is currently rented for $1,000/month. The guest house and the 3 car garage were built in 2008. Don't miss this opportunity to Live in the main house and rent the guest house and enjoy all that downtown Monrovia offers!

  • November, 2016

  • Nov 22, 2016

    Date

    Sold (Public Records)

    Public Records

    $693,000

    Price

  • June, 2006

  • Jun 16, 2006

    Date

    Sold (Public Records)

    Public Records

    $640,000

    Price

Show More

Tax History for 228 W Olive Ave

Assessed Value (2020): $243,000
Year Land Value Improved Value Assessed Value
2020 $171,900 $71,100 $243,000

Home Value Compared to the Market

This property vs the competition

228 W Olive Ave sold on April 16, 2024 for 40.1% higher than the current median sold price for the city of Monrovia which is $926,500. The median sold price per/sqft for Monrovia is $603 and this home is sold at $835.8 per/sqft which puts the price per square foot 38.61% higher than the current median sale per square foot for the city of Monrovia.

About 228 W Olive Ave

Detailed summary of property

228 W Olive Ave is a single family home that recently sold in Monrovia, CA 91016. This house offered 3 bedrooms, 2 bathrooms, roughly 1,553 living square feet, and sits on an approximately 8,060 square foot lot. 228 W Olive Ave was first listed on ArdentRealEstateGroup.com on March 19, 2024. The homeowner sold the property for $1,298,000. Home in Monrovia are selling for a median price of $926,500 and a median price per square foot of $603. Based on Ardent Real Estate Group's Monrovia Market Data, this home is sold 40.1% higher than the current median priced home. Local homes that are currently for sale include 936 Roxbury Dr, 1886 Wagner St and 356 S 4th Ave. While the average home in Monrovia, CA is selling in 48 days, 228 W Olive Ave has a days on market of 12 days. There are currently 46 homes for sale in the Monrovia real estate market and 38 of them are single family homes while 2 of them are condos and 6 are townhomes. For more information on this home for sale at 228 W Olive Ave Monrovia, CA 91016 contact Ardent Real Estate Group and we will put you in touch with one of our Monrovia agents.

Public Facts for 228 W Olive Ave

Public county record property details
Beds
3
Baths
1
Year built
1901
Sq. Ft.
1,187
Lot Size
8,059
Stories
--
Type
Single Family Residential
Pool
Yes
Spa
No
County
Los Angeles
Lot#
7
APN
8516-034-009

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
$949,900
Median List Price/Sq.Ft.
$658
Median Sold Price
$926,500
Median Sold Price/Sq.Ft.
$603
Total Inventory
48
Median Sale to List Price %
100.16%
Avg Days on Market
30
Loan Type
Conventional (61.54%), FHA (0%), VA (0%), Cash (15.38%), Other (23.08%)

Thinking of Selling?

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(714) 706-1823

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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