540 Norumbega Dr Monrovia, CA 91016

$--

2 Beds
1 Baths
1,130 Sq.Ft.

Off Market

Map preview of 540 Norumbega Dr, Monrovia, CA 91016

Property Overview: 540 Norumbega Dr Monrovia, CA has 2 bedrooms, 1 bathrooms, 1,130 living square feet and 35,589 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

540 Norumbega Dr 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 $1,050,000. 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 $210,000 for the down payment and will need roughly $21,000 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 540 Norumbega Dr

View property's historical transactions

April, 2023
Apr 6, 2023

Date

Expired

CRMLS: AR22201974

$1,398,000

Price
Sep 15, 2022

Date

Active

CRMLS: AR22201974

$1,398,000

Price
Listing provided courtesy of CRMLS

Large gated private lot in the Foothills of Monrovia. An application for a SB9A Subdivision Tentative Parcel Map has been filed with the City of Monrovia. Subject Map will create two parcels, each with a new home(PDU) and an accessory dwelling (ADU). Existing utilities on site include sewer, water, gas, electricity, telephone and CA/TV. PLEASE NOTE: Certain residency requirements apply upon recordation of SB9A Parcel Map.

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April, 2023
Apr 6, 2023

Date

Expired

CRMLS: AR22199190

$1,398,000

Price
Sep 26, 2022

Date

Active

CRMLS: AR22199190

$1,398,000

Price
Listing provided courtesy of CRMLS

Opportunity to develop your own gated mini-estate in the foothills of Monrovia. Currently there is a house, guest house, carport and avocado & fruit trees on the property. The buyer also has the option of completing the application for a SB9A Tentative Parcel Map, which when recorded would divide the property into 2 parcels and permit the building of 2 SFR's, each with its own ADU. This is a Trust Sale, no court confirmation required. Structures on the property convey "as-is" without any warranties expressed or implied. Offers subject to inspection.

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Tax History for 540 Norumbega Dr

Assessed Value (2020): $70,107

Year	Land Value	Improved Value	Assessed Value
2020	$39,872	$30,235	$70,107

About 540 Norumbega Dr

Detailed summary of property

540 Norumbega Dr is a single family home in Monrovia, CA 91016 and is currently off market. This house has 2 bedrooms, 1 bathrooms, roughly 1,130 living square feet, and sits on an approximately 35,589 square foot lot. Homes in Monrovia are selling for a median price of $745,000 and a median price per square foot of $564. Local nearby listings include 1245 Amberwood Dr, 2155 Buena Vista St and 741 Pamela Rd. The average home in Monrovia, CA is selling in 45 days. There are currently 68 homes for sale in the Monrovia real estate market and 60 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 540 Norumbega Dr Monrovia, CA 91016 contact Ardent Real Estate Group and we will put you in touch with one of our Monrovia agents.

Public Facts for 540 Norumbega Dr

Public county record property details

Beds: 2
Baths: 1
Year built: 1943
Sq. Ft.: 1,130
Lot Size: 35,589
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Los Angeles
Lot#: 23,24
APN: 8523-013-006

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

$1,050,000

Median List Price/Sq.Ft.

$670

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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(714) 706-1823

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