Check Availability
Monrovia 91016 Monrovia
427 West Palm Avenue
$1,099,000
↓ $60K (5.2%)
House - For Sale

427 West Palm Avenue

Monrovia, CA 91016
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1837 Sqft
$5,637
Estimated Monthly
$240
HOA / Fees
3.38%
Cap Rate

About This Property

Welcome to another craftsman's style home revived by Bowden Development! This meticulously renovated property seamlessly blends the charm of its 1913 origins with the conveniences of modern living. Boasting 3 bedrooms, 2 bathrooms, and a den, this home has been thoughtfully upgraded to meet contemporary standards while preserving its historical integrity. The finishes throughout, including cabinetry, appliances, flooring, countertops, and tile, mirror those found in new construction homes, offering both elegance and functionality. This home is resting on a new raised foundation,  bolted and secured. A comprehensive overhaul includes new plumbing, electrical, and HVAC systems, providing efficiency and reliability for years to come. The transformation doesn't stop there. Every wall has been stripped, insulated, and adorned with new drywall and paint, creating a fresh canvas for personalization. Energy-efficient lighting, water heating, and appliances contribute to sustainability, while water-conserving plumbing fixtures promote eco-conscious living. Embracing the charm of the original architecture, new wood dual-glazed retrofit windows grace the home, preserving its character while enhancing energy efficiency. Custom mullions adorn the original windows on the front elevation and either side of the fireplace, maintaining historical authenticity. Additional enhancements include a new composition shingle roof and a gas log set fireplace, blending aesthetics with functionality. Existing moldings and doors have been meticulously refinished, restoring their original grandeur. The property also boasts a new bathroom on the second floor, seamlessly integrated and fully permitted. A single-car garage and designated guest parking space add convenience to this already exceptional property.

The manager has listed the unit size as 1837 square feet.
Unit Size
1,837Ft²
Days on Market
40 days
Land Size
0.05 acres
Price per sqft
$598
Property Type
House
Property Taxes
-
HOA Dues
$240
Year Built
1913
Listed By
Brian L Parsons
Keller Williams Realty
Last updated: 10 days ago (VCMLSCA #16949)

Price History

Date / Event Date Event Price
Apr 20, 2024 Price Decreased $1,099,000
↓ $60K (5.2%)
Price Decreased
Mar 22, 2024 Listed by Pasadena Market Center, Inc. $1,159,000
Listed by Pasadena Market Center, Inc.
Oct 6, 2021 No longer available -
No longer available
Aug 12, 2021 Sold $749,000
Sold
Jul 13, 2021 In contract -
In contract
Show More

Property Highlights

Fireplace
Air Conditioning
Interior Details

Fireplace Information

Fireplace
Building Details
New Construction

Building Info

Overview

    General

  • Year Built: 1913
  • Effective Year Built: 1918
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 16,005
  • Lot Size Depth Feet: 1,600
  • Lot Size Frontage Feet: 1,000
  • Total Building Area: 1,300
  • Building Area: 1,300
  • Building Area Measurement: unknown

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,300
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: unknown
  • Subdivision: E F SPENCES ADD TOWN OF MONROVIA
  • Land Acres: 0.367
  • Legal Description 1: E F SPENCES ADD LOTS 18 AND LOT/SEC 19 BLK/DIV/TWN C

Ownership

  • Current Owner : BOWDEN DEVELOPMENT INC
  • Previous Owner : HAGAR HELEN ELAINE
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Monrovia Unified School District
  • Census Tract: 431003

Zoning

  • Zoning: MORM*

Geography

  • Assessors Map Reference: 29-A3
  • Parcel: 8505-009-021
  • Block: C
  • Lot: 18
  • Municipality: EAST /MONROVIA S FOOT
  • Latitude: 34.1493
  • Longitude: -118.009

    Address

  • Full Address: 427 W Palm Ave
  • Address - House Number: 427
  • Street Direction: W
  • Address - Street Name: Palm
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Monrovia
  • Carrier Code: C030
  • 4-Digit Zip Code: 2630
  • Zip Code: 91016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,061
  • Tax Rate Code Area: 06-218

    Appraisal Valuation

  • Standard Deviation: 0.2188
  • Valuation Date: Mar 20, 2024
  • Confidence Score: 69
  • Final Value: 955,226
  • High Value: 1,164,308
  • Low Value: 746,144

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,764,000
  • First Open Lien Mortgage Lender: FARMERS AND MERCHANTS BANK OF
  • First Open Lien Mortgage Recording Date: Aug 30, 2022
  • First Open Lien Mortgage Loan Amount: $1,764,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: unknown
  • First Open Lien Mortgage Loan Due Date: Aug 30, 2052

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $774,980
  • Assessed Land Value: $510,000
  • Assessed Improvements Value: $264,980

    Sales

  • Current Sale Contract Date: Jul 28, 2021
  • Current Sale Recording Date: Aug 12, 2021
  • Current Sale Transaction ID: 11846888159
  • Current Sale Price: $749,000
  • Current Sale Document Type: unknown
  • Current Sale Input Document Number: 21-1236427

    Last Sale Mortgage

  • First Mortgage Lender: SUNWEST BANK
  • First Mortgage Transaction Date: Aug 12, 2021
  • First Mortgage Loan Amount: $486,850
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: unknown

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
3 Beds
4 Baths
1,986 ft²
$619/ft²
$1,229,000 Feb 13, 2024
-
$240/mo
House
3 Beds
1.5 Baths
1,615 ft²
$757/ft²
$1,222,000 Mar 14, 2024
-
-
House
3 Beds
3 Baths
1,556 ft²
$642/ft²
$999,000 Feb 13, 2024
-
$240/mo
House
3 Beds
2 Baths
1,496 ft²
$869/ft²
$1,299,950 Mar 7, 2024
-
-
House
4 Beds
3 Baths
1,871 ft²
$640/ft²
$1,198,000 Mar 22, 2024
-
-

About Monrovia


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Frequently Asked Questions

When was property at 427 West Palm Avenue built and last sold?
The property at 427 West Palm Avenue was built in 1913 and last sold on Jul 28, 2021 for $749,000.
How much is this home worth?
The estimated value of the home located at 427 West Palm Avenue is $1,161,157.
What are some comparable homes to 427 West Palm Avenue?
Homes that are comparable to 427 West Palm Avenue include a house property at 328 North Alta Vista Avenue, 615 West Lime Avenue, 423 West Palm Avenue.

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