148 W Cherry Avenue, Monrovia, California 91016, Monrovia, 91016 - 4 bed, 3 bath
ACTIVE$815,000
148 W Cherry Avenue, Monrovia, California 91016
4Beds
3Baths
1,623Sqft
2,010Lot
Price Vs. Estimate
The estimated value ($799,623.375) is $15,376.625 (1%) lower than the list price ($815,000). This property may be overpriced.
Key pros and cons
Top Pros:
Modern Construction & Key Amenities: Built in 2003, this home offers relatively modern construction and includes essential amenities like central air conditioning and heating for year-round comfort.
Top Cons:
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2010, living area = 1623.
Compared to the nearby listings
Price:$815.0K vs avg $1.00M ($-185,000)19%
Size:1,623 sqft vs avg 1,520 sqft64%
Price/sqft:$502 vs avg $7166%
More Insights
Built in 2003 (22 years old).
Condition: Built in 2003, this home is 21 years old and has been maintained by the same owner for over 20 years. While major systems like central air and heating are functional, the lack of recent renovations and the property analysis indicating 'potential for dated interiors' suggest that the kitchen, bathrooms, appliances, and other interior finishes are likely original to the build year. These areas would require updates to meet current aesthetic and functional standards, placing the property in a 'fair' condition where it is aged but maintained, with functional major components that show signs of being outdated.
Year Built
2003
Close
-
List price
$815K
Original List price
$815K
Price/Sqft
$502
HOA
$190
Days on market
-
Sold On
-
MLS number
PW25269292
Home ConditionFair
Features
View-
About this home
Welcome to 148 West Cherry Avenue, a spacious 4-bedroom, 3-bath home offering 1,623 square feet of comfortable living space. Built in 2003, this residence has been lovingly maintained by the same owner for over 20 years. The interior features a practical floor plan with multiple living areas, generous bedrooms, and central air conditioning and heating for year-round comfort. Outside, the property sits on a manageable 2,005 square foot lot, providing a low-maintenance yard with room for a garden, patio, or outdoor seating. Nestled in a desirable Monrovia neighborhood near the San Gabriel foothills, this home combines modern construction with convenience and potential, making it an excellent opportunity for buyers ready to personalize and make it their own.
Price History
Date
Event
Price
04/28/03
Sold
$329,000
Condition Rating
Fair
Built in 2003, this home is 21 years old and has been maintained by the same owner for over 20 years. While major systems like central air and heating are functional, the lack of recent renovations and the property analysis indicating 'potential for dated interiors' suggest that the kitchen, bathrooms, appliances, and other interior finishes are likely original to the build year. These areas would require updates to meet current aesthetic and functional standards, placing the property in a 'fair' condition where it is aged but maintained, with functional major components that show signs of being outdated.
Pros & Cons
Pros
Modern Construction & Key Amenities: Built in 2003, this home offers relatively modern construction and includes essential amenities like central air conditioning and heating for year-round comfort.
Desirable Location: Nestled in a desirable Monrovia neighborhood near the San Gabriel foothills, providing a sought-after address with convenient access to local amenities and natural beauty.
Ample Living Space: A spacious 4-bedroom, 3-bath layout across 1,623 square feet offers generous living areas and bedrooms, suitable for families or those needing extra space.
Low-Maintenance Outdoor Space: The manageable 2,005 square foot lot provides a low-maintenance yard with versatile space for a garden, patio, or outdoor seating without extensive upkeep.
Long-Term Ownership: Maintained by the same owner for over 20 years, suggesting consistent care and stability in the property's history.
Cons
Low Available Lot Utilization: The property has a small lot size, more than 70 percent of which is taken by its living area. lot size in square feet = 2010, living area = 1623.
Compact Lot Size: The 2,005 square foot lot is relatively small for a single-family residence, limiting outdoor living expansion potential and privacy compared to larger parcels.
Monthly HOA Fee: A monthly association fee of $190.0 for a single-family home adds to the recurring costs, which may be unexpected for some buyers in this property type.
Potential for Dated Interiors: While well-maintained, 20 years of single ownership often means interiors may reflect older design trends and could require updates or personalization to meet current buyer preferences.