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Sold for $1,150,000
  • Listing Provided by: Coldwell Banker Realty
    Bought with: NestnKey
    $1,150,000

    531 W Walnut Ave, Monrovia, CA 91016

    4beds
    1,755sqft
    Single Family Residence
    Built in 1924
    5,118 Square Feet Lot
    $1,021,400 Zestimate®
    $655/sqft
    $4,315 Estimated rent

    Home value

    $1,021,400

    $970,000 - $1.07M

    $4,315/mo

    Zestimate® history
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    What's special

    Charming california bungalowFlexible office or denLight-filled throughoutFour bedroomsHardwood flooringSpacious primary bedroom
    A charming California bungalow in a sought-after Monrovia location, blending classic character with thoughtful updates and a versatile layout. Light-filled throughout, the home features hardwood flooring and an inviting flow from the living room to the dining area and into the kitchen, creating a warm and connected living space. The kitchen has been refreshed with new vinyl flooring and a dishwasher, along with a cozy breakfast nook for everyday dining. The main residence offers four bedrooms, includes a flexible office or den, ideal for working from home or additional living space. The spacious primary bedroom includes a ceiling fan and French doors that open directly to the backyard, enhancing indoor-outdoor living. A standout feature is the separate in-law suite or potential rental unit, complete with its own private entrance, offering excellent flexibility for extended family, guests, or income potential. Additional highlights include a fireplace in the living room, and a tankless water heater. Per the previous owner, the home was rebuilt in 1990. Conveniently located near Old Town Monrovia, with close proximity to popular dining, shopping, parks, and local amenities, this home offers both charm and practicality in a prime setting.

    Zillow last checked:

    Listing updated:

    Listing Provided by:

    Ash Rizk DRE #01503342 626-393-5695,

    Coldwell Banker Realty

    Bought with:

    RYAN RODRIGUEZ, DRE #01947790

    NestnKey

    Source: CRMLS,MLS#: AR26073428MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 3
    • Full bathrooms: 3
    • Main level bathrooms: 3
    • Main level bedrooms: 4
    Bedroom
    • Features: All Bedrooms Down
    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Laundry: Inside
    Features
    • All Bedrooms Down
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,755 sqft

    Property

    Features
    • Levels: One
    • Stories: 1
    • Entry location: front door
    • Pool features: None
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 5,118 sqft
    • Features: 0-1 Unit/Acre
    Details
    • Parcel number: 8506013022
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1924

    Utilities & green energy

    • Sewer: Private Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Suburban
    Location
    • Region: Monrovia

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Conventional

    Price history

    DateEventPrice
    5/15/2026Sold$1,150,000+16.4%$655/sqft
    Source: CRMLS #AR26073428 Report a problem
    5/11/2026Pending sale$988,000+63.3%$563/sqft
    Source: CRMLS #AR26073428 Report a problem
    2/10/2015Sold$605,000+40.7%$345/sqft
    Source: Public Record Report a problem
    12/23/2011Sold$430,000-4%$245/sqft
    Source: Public Record Report a problem
    9/4/2011Price change$448,000-4.3%$255/sqft
    Source: Real Living #A11012570 Report a problem
    5/7/2011Price change$468,000-6%$267/sqft
    Source: Real Living #A11012570 Report a problem
    2/26/2011Price change$498,000-3.9%$284/sqft
    Source: Real Living #A11012570 Report a problem
    2/2/2011Listed for sale$518,000+176.3%$295/sqft
    Source: Dilbeck Realtors #A11012570 Report a problem
    4/3/1998Sold$187,500+13%$107/sqft
    Source: Public Record Report a problem
    12/1/1994Sold$166,000+7.1%$95/sqft
    Source: Public Record Report a problem
    4/27/1994Sold$155,000$88/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,981 +2.5%$727,107 +2%
    2024$9,740 +2.4%$712,851 +2%
    2023$9,516 +3%$698,875 +2%
    2022$9,240 +2%$685,172 +2%
    2021$9,059 +3.2%$671,738 +1%
    2020$8,781 $664,851 +2%
    2019$8,781 +4.4%$651,816 +2%
    2018$8,410 $639,037 +2%
    2017$8,410 +2%$626,508 +2%
    2016$8,246 +2%$614,225 +36.7%
    2015$8,087 +38.4%$449,392 +2%
    2014$5,843 $440,590 +2.5%
    2012-- $430,000 +70.1%
    2011-- $252,833 +0.8%
    2010-- $250,945 -0.2%
    2009-- $251,543 +2%
    2008-- $246,612 +2%
    2007-- $241,777 +2%
    2006-- $237,038
    2005-- $237,038 +12.6%
    2004-- $210,571 +1.9%
    2003-- $206,713 +2%
    2002-- $202,660 +4%
    2000-- $194,792

    Find assessor info on the county website

    Neighborhood: 91016

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,021,400
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,021,400