NOT LISTED FOR SALE

1361 E Palm Dr Covina, CA 91724

Estimated Value: $818,379 - $875,000

4 Beds
2 Baths
1,409 Sq Ft
$594/Sq Ft Est. Value

Last Sold January 03, 2018

Last sale price $522,000 $370 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,969/month

252 Days on Market

Highlights

  • No HOA
  • Double Oven
  • Enclosed Patio or Porch
  • Royal Oak Middle School Rated 9+
  • Cul-De-Sac
  • 2 Car Attached Garage

About This Home

As of January 2018

BEAUTIFUL 4 BEDROOM HOME IN A NICE, CUL-DE-SAC COVINA NEIGHBORHOOD. CLOSE TO SCHOOLS, SHOPPING & FOOD. MOVE IN READY! NEW INTERIOR PAINT, CARPET & FLOORING. FEATURES A FIREPLACE IN THE LIVING ROOM, CENTRAL A/C, ENCLOSED REAR PATIO AND MASTER SUITE WITH VANITY & ITS OWN BATHROOM. THIS WILL MAKE A PERFECT FAMILY HOME, MAKE IT A MUST SEE!

Last Agent to Sell the Property

CHARLES KARICH

SOUTH HILLS PROPERTIES, INC. License #00890874 Listed on: 03/08/2017

Last Buyer's Agent

Tom Kung

CBH REALTY License #01854845

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1962

Lot Details

  • 7,483 Sq Ft Lot
  • Cul-De-Sac
  • Back and Front Yard
  • Property is zoned CVR175

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Driveway

Home Design

  • Turnkey

Interior Spaces

  • 1,409 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dining Room

Kitchen

  • Eat-In Kitchen
  • Double Oven
  • Gas Cooktop
  • Range Hood

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Additional Features

  • Enclosed Patio or Porch
  • Suburban Location
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 19
  • Tax Tract Number 22568
  • Assessor Parcel Number 8427026019

Home Details

Home Type

Single Family

Year Built

Built in 1962

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Zoning: CVR175
  • Property Condition: Turnkey
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8427026019
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1409.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Area, Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 370.48
  • Room Type: Living Room, Master Bedroom

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Enclosed, Patio
  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Appliances: Double Oven, Gas Cooktop, Range Hood
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard
  • Lot Size Sq Ft: 7483.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4037.02
  • Tax Lot: 19
  • Tax Tract Number: 22568

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 8, 2017
Closed on
Dec 2, 2017
Sold by
Wong Vivian
Bought by
Poon Michael F
Seller's Agent
CHARLES KARICH
SOUTH HILLS PROPERTIES, INC.
Buyer's Agent
Tom Kung
CBH REALTY
List Price
$524,900
Sold Price
$522,000
Premium/Discount to List
-$2,900
-0.55%
Current Estimated Value
$837,595

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$315,595
Avg. Annual Appreciation
6.08%
Original Mortgage
$417,600
Outstanding Balance
$351,401
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$486,194

Purchase Details

Listed on
Mar 8, 2017
Closed on
Dec 1, 2017
Sold by
Ida West Inc
Bought by
Poon Michael F
Seller's Agent
CHARLES KARICH
SOUTH HILLS PROPERTIES, INC.
Buyer's Agent
Tom Kung
CBH REALTY
List Price
$524,900
Sold Price
$522,000
Premium/Discount to List
-$2,900
-0.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$417,600
Outstanding Balance
$351,401
Interest Rate
3.92%
Mortgage Type
New Conventional
Estimated Equity
$486,194

Purchase Details

Closed on
Aug 31, 2016
Sold by
San Juan Pedro V
Bought by
Ida West Inc

Purchase Details

Closed on
Aug 3, 2016
Sold by
San Juan Pedro V
Bought by
Sunset Trust

Purchase Details

Closed on
May 3, 2016
Sold by
San Juan Pedro V
Bought by
Rancho Trust

Purchase Details

Closed on
Mar 21, 2016
Sold by
San Juan Pedro V
Bought by
Montrose Trust

Purchase Details

Closed on
Dec 11, 2015
Sold by
San Juan Pedro V
Bought by
San Juan Pedro and Greenfield Trust

Purchase Details

Closed on
Nov 11, 2004
Sold by
Sanjuan Pedro V
Bought by
Sanjuan Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
5.74%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jun 21, 2004
Sold by
Sanjuan Pedro V
Bought by
Sanjuan Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.27%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 4, 2001
Sold by
Zaccardo Margaret S
Bought by
Sanjuan Pedro and Sanjuan April L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$163,500
Interest Rate
8.7%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Poon Michael F -- Orange Coast Title Company
Poon Michael F $522,000 Orange Coast Title Company O
Ida West Inc $433,000 Accommodation
Sunset Trust $5,000 None Available
Rancho Trust $5,000 None Available
Montrose Trust $5,000 None Available
San Juan Pedro $5,000 None Available
Sanjuan Pedro -- New Century Title Company
Sanjuan Pedro -- New Century Title Company
Sanjuan Pedro $225,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Poon Michael F $417,600
Previous Owner Sanjuan Pedro $50,000
Previous Owner Sanjuan Pedro $50,000
Previous Owner Sanjuan Pedro $163,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/03/2018 01/03/18 Sold $522,000 -0.6% $370 / Sq Ft
11/15/2017 11/15/17 Pending -- -- --
11/07/2017 11/07/17 For Sale $524,900 0.0% $373 / Sq Ft
09/15/2017 09/15/17 Pending -- -- --
09/06/2017 09/06/17 Price Changed $524,900 -0.9% $373 / Sq Ft
08/03/2017 08/03/17 Price Changed $529,900 -0.9% $376 / Sq Ft
06/26/2017 06/26/17 Price Changed $534,900 -0.9% $380 / Sq Ft
05/23/2017 05/23/17 For Sale $539,900 0.0% $383 / Sq Ft
05/03/2017 05/03/17 Pending -- -- --
04/20/2017 04/20/17 Price Changed $539,900 -0.9% $383 / Sq Ft
03/23/2017 03/23/17 Price Changed $544,900 -0.9% $387 / Sq Ft
03/08/2017 03/08/17 For Sale $549,900 -- $390 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $7,126 $593,940 $464,118 $129,822
2024 $7,126 $582,295 $455,018 $127,277
2023 $6,957 $570,879 $446,097 $124,782
2022 $6,874 $559,686 $437,350 $122,336
2021 $6,779 $548,713 $428,775 $119,938
2019 $6,633 $532,440 $416,058 $116,382
2018 $5,399 $441,660 $297,942 $143,718
2016 $3,543 $286,388 $173,744 $112,644
2015 $3,524 $282,087 $171,135 $110,952
2014 $3,518 $276,562 $167,783 $108,779
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17046209

California Regional Multiple Listing Service (CRMLS)

APN: 8427-026-019