NOT LISTED FOR SALE

10040 Covert Ave Tujunga, CA 91042

Estimated Value: $1,019,000 - $1,351,000

3 Beds
1 Bath
1,488 Sq Ft
$791/Sq Ft Est. Value

Last Sold August 09, 2017

Last sale price $724,000 $487 Per Sq Ft

Est. 63% increase in value since last sale

Current estimated payment $7,311/month

28 Days on Market

Highlights

  • View of Trees or Woods
  • 31,420 Sq Ft lot
  • Cottage
  • Verdugo Hills Senior High School Rated A-
  • No HOA
  • Circular Driveway

About This Home

As of August 2017

MAKE THIS YOUR OWN PRIVATE FAMILY COMPOUND! Own a taste of So Cal history! This majestic former lodge with lath and plaster interior and massive natural river rock exterior exemplifies one of kind serenity on over 31,000 sq ft, filled with a variety of mature citrus trees, bougainvillea, CA oaks, and plenty of room for scenic mountain views and organic gardening. Make this historic treasure your own private gated oasis or, for DEVELOPERS, subdivide into several brand new homes with modern touches. Main home consists of 2 beds & 2 bathrooms, and separate guest home.

Last Agent to Sell the Property

Baron Bruno

KW Advisors License #01892172 Listed on: 06/09/2017

KW Advisors

Co-Listed By

Noel Boix

Chase Skye Realty Group License #01937760

Last Buyer's Agent

Baron Bruno

Keller Williams Silicon Beach License #01892172

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $12,560

Year Built

  • Built in 1923

Lot Details

  • 0.72 Acre Lot
  • Property is zoned LAR1

Home Design

  • Cottage
  • Stone

Interior Spaces

  • 1,488 Sq Ft Home
  • 1-Story Property
  • Family Room
  • Living Room with Fireplace
  • Views of Woods
  • Oven or Range

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Stacked Washer and Dryer Hookup

Parking

  • Attached Carport
  • Circular Driveway

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 2570-011-016

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,560

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Cottage
  • Street Number Display: Yes
  • Advertising Remarks: Buyer shall cross qualify for Seller's lender Arshia Mashayekhi of Cherry Creek Mortgage Co. Inc. 310-998-7911 - arshia.m@ccmclending.com NMLS #1136131- Buyer and Buyer's agent to verify ALL MLS info, including but not limited to, permits and uses, bed/bath counts, all square footage, schools and their enrollment availability. Buyer is advised to independently investigate all aspects of the property, verify the accuracy of all information provided through personal inspection & with appropriate professionals to Buyers satisfaction.
  • Living Area: 1488
  • Probate: No
  • Stories: 1
  • Year Built: 1923
  • Number Of Photos: 51
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Bedrooms: 3
  • Full Bathroom: 1
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 1
  • Laundry: Laundry Area
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Range/Oven, Refrigerator, Stackable W/D Hookup
  • Price Per S Q F T: 504.03

Exterior Features

  • Construction: Rock
  • Tennis Court Y/N: No
  • Pool: No
  • Spa Yn: No
  • View: Trees/Woods
  • View: Yes

Garage/Parking

  • Parking Garage: Carport Attached, Circular Driveway

Utilities

  • Heating: Fireplace

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 2570-011-016
  • Geocode Override: No
  • Lot Size Area: 31420

Multi Family

  • Number Of Units: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 9, 2017
Closed on
Jul 17, 2017
Sold by
Malcomb Mark S
Bought by
Yoneyama Ren
Seller's Agent
Baron Bruno
KW Advisors
Buyer's Agent
Baron Bruno
KW Advisors
List Price
$750,000
Sold Price
$724,000
Premium/Discount to List
-$26,000
-3.47%
Current Estimated Value
$1,176,759

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$452,759
Avg. Annual Appreciation
6.13%
Original Mortgage
$470,000
Interest Rate
3.88%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 28, 1998
Sold by
Malcomb Glenn R
Bought by
Malcomb Glenn R and The Glenn R Malcomb Trust
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Yoneyama Ren $724,000 Lawyers Title
Malcomb Glenn R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Closed Yoneyama Ren $470,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2017 08/09/17 Sold $724,000 -3.5% $487 / Sq Ft
06/19/2017 06/19/17 For Sale $750,000 +3.6% $504 / Sq Ft
06/09/2017 06/09/17 Off Market $724,000 -- --
Source: The MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $12,560 $1,029,639 $568,913 $460,726
2024 $12,560 $1,009,451 $557,758 $451,693
2023 $12,320 $989,659 $546,822 $442,837
2022 $11,329 $934,004 $536,100 $397,904
2021 $11,183 $819,691 $525,589 $294,102
2020 $10,126 $811,287 $520,200 $291,087
2019 $205 $778,280 $510,000 $268,280
2018 $8,924 $724,000 $500,000 $224,000
2016 $816 $55,453 $25,034 $30,419
2015 $806 $54,621 $24,658 $29,963
2014 $830 $53,552 $24,175 $29,377
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 17-239866

The MLS

APN: 2570-011-016