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386 North Magnolia Avenue

386 North Magnolia Avenue, Monrovia, CA 91016
Property in Monrovia
Sold May 18, 2021
$1,097,000
$830,000 by Us Bank Na
Mortgage Due Jun 01, 2051
Local assessors in Monrovia, CA have categorized 386 North Magnolia Avenue as a residential type of property. The home was built in 1985 and is 39 years old. The property's lot size has been calculated to be 6,837 square feet. The linear feet between the front and back of the lot was measured at 1,350 ft and the front of the lot was measured at 500 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 386 North Magnolia Avenue has a total of 1,856 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 386 North Magnolia Avenue sold most recently in Apr 19, 2021 for a total of $1,097,000. If you work out the math, that's approximately a cost of $591.06 per sqft. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $14,725 in taxes each year. 386 North Magnolia Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $1,141,318. If we break it down further, the land itself was valued at $852,607. Improvements to the property, however, were assessed at a total of $288,711. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Looking to take out a mortage loan? You may want to consider a conventional loan, which is considered one of the most common type of loans on the market. We'll cover the two different types of conventional loans (aka conforming and non-conforming), the pros and cons, and how they could benefit you compared to a FHA or specialty loan. Read more about conventional loans and how you can qualify for one.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1985
  • Effective Year Built: 1985
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 6,837
  • Lot Size Depth Feet: 1,350
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,856
  • Building Area: 1,856
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 1,856
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 4452
  • Land Acres: 0.157
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 4452 LOT/SEC 10

Ownership

  • Current Owner : INQUITO GOLDA
  • Current Owner 2: MEZA GERTRUDE
  • Previous Owner : SMITH JEFFREY
  • Previous Owner 2: SMITH DANA D
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

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

Zoning

  • Zoning: MORL*

Geography

  • Assessors Map Reference: 29-A2
  • Subdivision Tract Number: 4452
  • Parcel: 8520-020-006
  • Lot: 10
  • Municipality: EAST /MONROVIA N FOOT
  • Latitude: 34.1594
  • Longitude: -118.005

    Address

  • Full Address: 386 N Magnolia Ave
  • Address - House Number: 386
  • Street Direction: N
  • Address - Street Name: Magnolia
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Monrovia
  • Carrier Code: C028
  • 4-Digit Zip Code: 1650
  • Zip Code: 91016

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $14,725
  • Tax Rate Code Area: 06-209

    Appraisal Valuation

  • Standard Deviation: 0.2139
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 1,349,990
  • High Value: 1,638,804
  • Low Value: 1,061,176

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $830,000
  • First Open Lien Mortgage Lender: US BANK NA
  • First Open Lien Mortgage Recording Date: May 18, 2021
  • First Open Lien Mortgage Loan Amount: $830,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,141,318
  • Assessed Land Value: $852,607
  • Assessed Improvements Value: $288,711

    Sales

  • Current Sale Contract Date: Apr 19, 2021
  • Current Sale Recording Date: May 18, 2021
  • Current Sale Transaction ID: 11835248709
  • Current Sale Price: $1,097,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-0793394

    Last Sale Mortgage

  • First Mortgage Lender: US BANK NA
  • First Mortgage Transaction Date: May 18, 2021
  • First Mortgage Loan Amount: $830,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jun 01, 2051

About Monrovia



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Frequently Asked Questions

What neighborhood is 386 North Magnolia Avenue located in?
The 386 North Magnolia Avenue is a located in the neighborhood of Monrovia in Monrovia, Monrovia.
What is the average sales price for listings in 386 North Magnolia Avenue?
The average sales price for units in 386 North Magnolia Avenue is $0 currently.

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