715 E Palm Ave Monrovia, CA 91016

$805,000 Sold Price as of 07/12/2018

2 Beds
1 Baths
1,328 Sq.Ft.

Off Market

$805,000 Sold Price as of 07/12/2018 Refinance Your Mortgage

Map preview of 715 E Palm Ave, Monrovia, CA 91016

Property Overview: 715 E Palm Ave Monrovia, CA has 2 bedrooms, 1 bathrooms, 1,328 living square feet and 7,000 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

715 E Palm Ave 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 715 E Palm Ave

Last sold for $805,000 on July 12th, 2018

July, 2018
Jul 13, 2018

Date

Sold

CRMLS: OC18131263

$805,000

Price
Jul 9, 2018

Date

Pending

CRMLS: OC18131263

$715,000

Price
Jun 18, 2018

Date

Active Under Contract

CRMLS: OC18131263

$715,000

Price
Jun 5, 2018

Date

Active

CRMLS: OC18131263

$715,000

Price
Listing provided courtesy of CRMLS

With views to the park-like street from the front porch and to mountains from the backyard, this TWO on a LOT property boasts a lovely Spanish style main house and detached Guest Studio in a great Monrovia neighborhood! The 1,328 square foot front home features an open floor plan with spacious living room with fireplace and recessed lighting, dining room, small office, 2 large bedrooms, 1 and 1/2 baths, kitchen with views to the mountains, and adjoining laundry room/pantry. Beautiful hardwood floors throughout, this light and bright home has central heating & air, built-ins, custom closets with ample storage, understated window treatments, as well as new copper plumbing and a gated driveway. The outdoor patio and pergola invite hospitality, yet the 7,000 square foot lot also allows for gracious separation between the main house and the back unit. The newly refloored Guest Studio (12'9” x 25'6”, approximately - this square footage may not be included in the listing) features one large room with a built-in Murphy bed, small kitchenette, full bath, generous closet space, new a/c unit, and semi-private patio with a Meyer Lemon Tree. Both the main house and the detached garage roofs were recently resealed, and the Guest Studio has a new roof. Outdoor living and indoor comfort await the next owners!

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July, 2018
Jul 12, 2018

Date

Sold (Public Records)

Public Records

$805,000

Price
March, 2015
Mar 31, 2015

Date

Sold (Public Records)

Public Records

$615,000

Price
March, 2015
Mar 2, 2015

Date

Price Change

CRMLS: P0-315002059

$529,000

Price
Listing provided courtesy of CRMLS

Don't miss seeing this fabulous TWO on a LOT in a great area! The Spanish style front house has mature landscaping, a welcoming porch & is freshly painted on the interior. The LR is light & bright w/ hardwood floors & a fireplace. The FR/Den or Dining Room has built in shelves & is located next to the cherry, updated kitchen w/ views to the mountains. A small office is conveniently located in this area. TWO large bedrooms w/ hardwood floors, a full bath in between them plus a 1/4 bath in the Master. A generously sized laundry room w/ pantry is off kitchen. The large lot (7000 sq ft) allows for great separation - with a lovely patio/pergula area - between the main house & the back unit (12'9 x 25'6, approximately-this square footage may not be included in the listing). This Guest Studio contains one large room, w/ a Murphy Bed, loads of closets, a small kitchenette (no stove), heating/air unit & a full bath completes the pic, along w/ a Meyer Lemon Tree! ONE meter each for gas, water &

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Tax History for 715 E Palm Ave

Assessed Value (2020): $821,100

Year	Land Value	Improved Value	Assessed Value
2020	$612,000	$209,100	$821,100

About 715 E Palm Ave

Detailed summary of property

715 E Palm Ave is a single family home in Monrovia, CA 91016 and last sold on July 12, 2018 for $805,000. This house has 2 bedrooms, 1 bathrooms, roughly 1,328 living square feet, and sits on an approximately 7,000 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 8.05% higher than the current median priced home. 715 E Palm Ave was last sold on July 12, 2018 for $805,000. Local nearby listings include 1939 Royal Oaks Dr, 2029 Baylor St and 1245 Amberwood Dr. 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 715 E Palm 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 715 E Palm Ave

Public county record property details

Beds: 2
Baths: 1
Year built: 1924
Sq. Ft.: 1,328
Lot Size: 7,000
Stories: --

Type: Single Family Residential
Pool: No
Spa: No
County: Los Angeles
Lot#: 35
APN: 8517-025-023

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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