tomo logo

$1,389,900

Beds
3
Baths
3.0
sq ft
1,836

722 E Lime Ave, Monrovia, CA 91016

722 E Lime Ave

Monrovia, CA 91016

  • 17 days on market
ADU+JADU PERMITS ARE READY!!! Start your day off right with your morning coffee enjoying stunning views of the San Gabriel mountains at the edge of the Angeles National Forest. This turn key, charming Tudor styled home has HGTV worthy curb appeal that every homeowner wants, nestled on a darling street, in the heart of Monrovia. The front door opens into a cozy living space, perfect for hosting parties, as it opens to the bright and airy dining space. The beautifully remodeled kitchen has plenty of storage, counter space which is sure to impress anyone who loves to entertain. Just off the kitchen is a laundry area complete with a deep utility sink, sturdy fixture for hanging up those delicates and other washables that need special care. The side door is perfectly positioned for unloading those hefty grocery bags. Down the hallway is a huge guest bathroom and two surprisingly spacious bedrooms with plenty of closet space. The first room is a perfect office or guest room. During a fabulous remodel the bedrooms were reconfigured to improve the flow and the homeowner added an additional 200 Sq ft. The outcome is truly amazing. The second room has its own bathroom with a shower, and in the hallway just outside is a neat little windowed nook that would be a great place to tuck a small bookcase with a bench seat or work station. The third and last room overlooks the backyard, has its own bathroom, enormous walk in closet, as well as a private entrance. The 3rd bedroom may also be used as a granny/in-laws suite or a rental income opportunity, the choice is yours! The backyard is great for entertaining, with lots of patio space, a covered area in the shade, and plenty of planters for someone with a green thumb. The detached 2 car garage has access to the attic/rafters for lots of additional storage. Though this house has recently been thoroughly updated, it has kept some charming details from its 1935 origins and renovated in 1985, previous seller had been upgraded re-pipe, roof and eletrical and it's permitted. Upgrades to this property include a rare and sleek automatic gate to a long driveway to a detached 2 car garage, lots of off street parking. The upgrades, layout, remodel, opportunity for rental income and location make this property truly a MUST SEE. You will be close to the freeway, shopping, parks, entertainment and dining.

Details

Property type

Single Family Residence

Est. home value

$1,172,760

Lot size

7,025 sq ft

Price per sq ft

$758

Year built

1935

Price History

10/03/2024
CRMLS

CRMLS #WS24202665

Listed
$1,389,900
+10.31%
04/27/2023
CLAW

CLAW #23259867

Sold
$1,260,000
+100%
06/09/2015
CRMLS

CRMLS #PW15093500

Sold
$630,000

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Community features: 

Suburban

High school district: 

Monrovia Unified

Seller’s Loan History

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

Lender

East West Bank

Loan start date

May 2023

Original loan amount

$550,000

Est. remaining balance

Not provided

Interest rate

6.75%

Loan type

New Conventional, 30 year

Seller

Qingcai Yue and Daozhu Lu

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: 10/19/2024 at 10:45 PM

Listing updated: 10/19/2024 at 5:10 PM

Listed by: JIA CHEN, Elpis Realty Inc Phone #: (626) 545-1777

MLS: CRMLS #WS24202665

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