1240 E Merced Ave West Covina, CA 91790
Estimated Value: $800,000 - $974,928
2
Beds
1
Bath
880
Sq Ft
$1,047/Sq Ft
Est. Value
About This Home
This home is located at 1240 E Merced Ave, West Covina, CA 91790 and is currently estimated at $921,232, approximately $1,046 per square foot. 1240 E Merced Ave is a home located in Los Angeles County with nearby schools including Merced Elementary School, Hollencrest Middle School, and West Covina High School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Aug 2, 2010
Sold by
Zheng Bing Hua
Bought by
Zheng Bing Hua and The Bing Hua Zheng Living Trust
Current Estimated Value
Purchase Details
Closed on
Sep 10, 2003
Sold by
Zhen Kimberly Gao
Bought by
Zheng Bing Hua
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Outstanding Balance
$73,304
Interest Rate
6.06%
Mortgage Type
Purchase Money Mortgage
Estimated Equity
$847,928
Purchase Details
Closed on
Jul 21, 1998
Sold by
First National Bank Of Chicago
Bought by
Zheng Bing Hua and Zheng Kimberly Goa
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$82,600
Interest Rate
6.92%
Purchase Details
Closed on
Jan 20, 1998
Sold by
Smith Daniel L
Bought by
First National Bank Of Chicago
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Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Zheng Bing Hua | -- | None Available | |
| Zheng Bing Hua | -- | Fidelity National Title Co | |
| Zheng Bing Hua | $118,000 | First American Title Ins Co | |
| First National Bank Of Chicago | $100,800 | First American Title Ins Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Zheng Bing Hua | $160,000 | |
| Previous Owner | Zheng Bing Hua | $82,600 |
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 | $4,541 | $340,313 | $135,438 | $204,875 |
| 2024 | $4,541 | $333,641 | $132,783 | $200,858 |
| 2023 | $4,327 | $327,100 | $130,180 | $196,920 |
| 2022 | $4,358 | $320,687 | $127,628 | $193,059 |
| 2021 | $4,232 | $314,400 | $125,126 | $189,274 |
| 2019 | $4,121 | $305,076 | $121,415 | $183,661 |
| 2018 | $3,883 | $299,095 | $119,035 | $180,060 |
| 2016 | $3,539 | $287,482 | $114,413 | $173,069 |
| 2015 | $3,472 | $283,165 | $112,695 | $170,470 |
| 2014 | $3,457 | $277,619 | $110,488 | $167,131 |
Source: Public Records
Map
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