See Home Value
Monrovia 91016 Monrovia
555 Norumbega Drive
$2,000,654*
House - Off Market

555 Norumbega Drive

Monrovia, CA 91016
bedrooms
3 Beds
bathrooms
2 Baths
square feet
1462 Sqft
$1,710,000 - $2,090,000
Reference Base Price*
5.30%
Since Mar 1, 2022
National-US
Primary Model
Sold Oct 07, 2019
$1,000,000
Sold Mar 06, 2008
$775,000
$417,000 by Wells Fargo Bank Na
Mortgage Due Mar 01, 2038

About This Property

BACK ON THE MARKET - JUST ABOUT TO CLOSE AND BUYER'S PARTNER PASSED AWAY!Exclusive One of Kind Monrovia Foothills Private Estate with an Amazing Location & Beautiful Views, +/-1.66 Acres of Land on 4 Legal Parcels &  Potential to Build to 2-3 Additional Homes/ADU's. Conceptual Plans, Land Survey, & Numerous Properties Studies been completed. The Original Home was taken down to its studs & rebuilt in early 2000. Property can also be sold with adjacent +/-10.46 Acres of Land bringing the potential estate to 12.12 acres (Please see listing  AR21024731). This property is perfect for Horses.This private estate is located off Norumbega Drive & behind its own secured automatic gate. Upon entrance, this unassuming hidden Oasis comes to life & you are overtaken by its immense beauty, gorgeous natural setting & beautiful Monrovia Canyons. Although you are only 5 minutes from Old Town Monrovia, behind the gate, you feel like you are in the Mountains & have all of Natures Playground to yourself.The homes was custom designed with lots of windows to bring in the natural light! The home sits on two levels with the main level consisting of over 1462 square feet of space, 2 bedrooms & 2 bathrooms. The lower level has a built out 3rd Bedroom/office & unfinished +/- 1200 square feet of open space. The Owner has approved plans to build out the lower level and add 1200 sqft of living space. Once built out, you will have almost 2700 square feet of living space.The Owner spent approximately $200,000 improving the Exterior of the House & Outside Landscaping. A few of the new upgrades include a 1300 sqft hand-carved "high desert" flagstone patio space & breakfast nook, built-in antique brick bench & custom designed fire-ring, new irrigation system, unique stone drinking fountain that also fills an embedded dog bowl, Hinkley brand lamps & lamp posts, 10x12 Western Red Cedar Garden Shed/Office on Cement Foundation w/Electrical, Professional Grade 4k Motion Activated Security System & a New Doorbird Gate Access Camera System & Keypad w/Motion Sensors. The Owner spared no expense & made sure only to use top of line material. NEW ASPHALT JUST INSTALLEDThis Private Estate may also potentially be used for other uses such as a Horse Ranch, Retreat, AIR BNB,  New Development, or just an old fashion Long Term Land Hold/1031 Exchange. All Buyer's should investigate all potential uses with the city, county & state to determined what can be done with the site.

The manager has listed the unit size as 1462 square feet.
Unit Size
1,462Ft²
Days on Market
-
Land Size
1.66 acres
Price per sqft
$1,300
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1922

Price History

Date / Event Date Event Price
Feb 4, 2022 No longer available -
No longer available
Dec 27, 2021 Price Increased $1,900,000
↑ $151K (8.6%)
Price Increased
Dec 21, 2021 In contract -
In contract
Dec 20, 2021 No longer available -
No longer available
Dec 20, 2021 In contract -
In contract
Show More

Property Highlights

Air Conditioning

Building Info

Overview

    General

  • Year Built: 1922
  • Effective Year Built: 1926
  • Building Count: 1
  • Bedroom Count: 2
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 25,421
  • Total Building Area: 1,462
  • Building Area: 1,462
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Solar
  • Heated Square Feet: 1,462
  • Heating Fuel Type: Solar energy

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: THE NORUMBEGA TRACT
  • Land Acres: 0.584
  • Standard Land Use Code: Single family residential
  • Legal Description 1: POR OF LOTS 5 AND 6 NORUMBEGA TRACT AND POR OF LOTS 1 AND 4 P M 204-45-46

Ownership

  • Current Owner : THE WOODLANDS AT NORUMBEGA LLC
  • Previous Owner : ZIEGLER CHRISTOPHER SCOTT
  • Previous Owner 2: ZIEGLER BARBARA LYNN
  • Owner Before Previous Owner: CROSS JULIE
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Monrovia Unified School District
  • Census Tract: 430301

Zoning

  • Zoning: MORF*

Geography

  • Parcel: 8523-002-044
  • Lot: 5,6
  • Municipality: EAST /MONROVIA N FOOT
  • Latitude: 34.164
  • Longitude: -117.989

    Address

  • Full Address: 555 Norumbega Dr
  • Address - House Number: 555
  • Address - Street Name: Norumbega
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Monrovia
  • Carrier Code: C024
  • 4-Digit Zip Code: 1812
  • Zip Code: 91016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,558
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 06-191

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 96
  • Final Value: 1,572,902
  • High Value: 1,679,469
  • Low Value: 1,466,335

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,428,000
  • Assessed Land Value: $408,000
  • Assessed Improvements Value: $1,020,000

    Sales

  • Current Sale Contract Date: Sep 16, 2019
  • Current Sale Recording Date: Oct 07, 2019
  • Current Sale Transaction ID: 11659485190
  • Current Sale Price: $1,000,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 19-1055700
  • Previous Sale Recording Date: Mar 06, 2008
  • Previous Sale Contract Date: Jan 16, 2008
  • Previous Sale Amount: $775,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: LANTERN FINANCIAL CORPORATION
  • First Mortgage Transaction Date: Oct 07, 2019
  • First Mortgage Loan Amount: $550,000
  • First Mortgage Terms: 36
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Oct 03, 2022

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Mar 06, 2008
  • Previous Mortgage Loan Amount: $417,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Mar 01, 2038



Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes
House
4 Beds
2.5 Baths
3,088 ft²
$599/ft²
$1,850,000 Mar 1, 2024
-
-

About Monrovia


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Frequently Asked Questions

When was property at 555 Norumbega Drive built and last sold?
The property at 555 Norumbega Drive was built in 1922 and last sold on Sep 16, 2019 for $1,000,000.
How much is this home worth?
The estimated value of the home located at 555 Norumbega Drive is $1,842,684.
What are some comparable homes to 555 Norumbega Drive?
There are currently no comparable homes to 555 Norumbega Drive.

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