tomo logo

$799,999

Beds
2
Baths
1.0
sq ft
832

248 E Cypress Ave, Monrovia, CA 91016

248 E Cypress Ave

Monrovia, CA 91016

  • 65 days on market
With over $150K in upgrades, this captivating 2-bedroom, 1-bathroom charmer in Monrovia has undergone a top-to-bottom transformation, creating a haven of modern comfort and timeless design. Step inside and be wowed by the well-equipped kitchen offering stunning cabinets, exquisite hardware, sleek quartz countertops and new appliances. Indulge in the beautifully remodeled bathroom. Enjoy the warm modern appeal of the high-end Milgard windows, new stylish doors, restored original hardwood floors and fresh trim throughout. Beyond the designer aesthetics, benefit from the modern functionality with a completely new electrical system, new piping, tankless water heater, and HVAC system with Nest thermostat. Get ready for efficient workdays in the newly converted and insulated garage, perfect for a home office. The updates don't stop there: enjoy the peace of mind of a new composition roof and durable fiber cement siding, or delight in the entertainer's backyard paradise. Host unforgettable gatherings in your backyard oasis, featuring a new enclosed wooden fence, a new cement patio, and plenty of lawn space, shaded by mature citrus trees. Enjoy the slow and quiet pace of 248 E Cypress, while being near the shops and restaurants of Myrtle and close to public transportation and freeway on- ramps. This really is a rare gem in the heart of Monrovia. Don't miss out on your opportunity to make it yours!

Details

Property type

Single Family Residence

Est. home value

$726,965

Property condition

Updated/Remodeled

Lot size

6,392 sq ft

Price per sq ft

$962

Year built

1940

HOA

No

Price History

09/19/2024
CRMLS

CRMLS #CV24192354

Listed
$799,999
-5.88%
08/14/2024
CRMLS

CRMLS #CV24148579

Removed
$850,000
07/22/2024
CRMLS

CRMLS #CV24148579

Listed
$850,000
+30.77%

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Street Lights

High school district: 

Monrovia Unified

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$299,289
Asking price
$799,999
Closing costs (~8% of asking)
-$64,000
Est. remaining loan balance
-$436,710
Cash to seller
$299,289

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Crosscountry Mortgage Llc

Loan start date

May 2022

Original loan amount

$455,000

Est. remaining balance

$436,710

Interest rate

4.72%

Loan type

New Conventional, 30 year

Seller

Kevin Macwan and Dianna Grobstein Macwan

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 11/23/2024 at 11:55 AM

Listing updated: 11/16/2024 at 3:55 PM

Listed by: Sarah Zarcone, Compass Phone #: (626) 914-2904

MLS: CRMLS #CV24192354

CRMLS logo

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