NOT LISTED FOR SALE

1440 E Algrove St Covina, CA 91724

Estimated Value: $984,000 - $1,103,000

4 Beds
2 Baths
2,038 Sq Ft
$509/Sq Ft Est. Value

Last Sold November 07, 2019

Last sale price $700,000 $343 Per Sq Ft

Est. 48% increase in value since last sale

Current estimated payment $6,202/month

100 Days on Market

Highlights

  • Filtered Pool
  • Primary Bedroom Suite
  • Mountain View
  • Royal Oak Middle School Rated 9+
  • Updated Kitchen
  • Contemporary Architecture

About This Home

As of November 2019

Spacious and Remodeled Charter Oak area modern ranch offering a very convenient floor plan. Four Bedrooms, Two brand new Bathrooms, Formal Entry, Two gas Fireplaces, Large Formal Living Room, Large Family and Dining Room, huge all new Eat-in Kitchen with cathedral ceilings, separate Laundry Room, Plantation Shutters, direct access Two Car Garage. Sparkling Swimming Pool with new pump. Brand new upgraded roof. Beautifully landscaped corner lot, automatic sprinklers. One of the more impressive and sought after Covina neighborhoods. Space for RV parking. This beautiful and very clean property is move-in ready, Huge price reduction. Priced to SELL and waiting for You.

Last Agent to Sell the Property

KEVIN EGAN

HOMEQUEST REAL ESTATE License #01313398 Listed on: 07/04/2019

HOMEQUEST REAL ESTATE

Last Buyer's Agent

Ed Corpuz

Merit Capital Group Inc License #01339143

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1956 | Remodeled

Lot Details

  • 8,436 Sq Ft Lot
  • Wood Fence
  • Block Wall Fence
  • Landscaped
  • Corner Lot
  • Sprinkler System
  • Back and Front Yard

Parking

  • 2 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Side Facing Garage

Property Views

  • Mountain
  • Pool

Home Design

  • Contemporary Architecture
  • Ranch Style House
  • Shingle Roof

Interior Spaces

  • 2,038 Sq Ft Home
  • Crown Molding
  • Beamed Ceilings
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Plantation Shutters
  • Formal Entry
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Laminate Flooring
  • Termite Clearance

Kitchen

  • Eat-In Country Kitchen
  • Updated Kitchen
  • Gas Range
  • Range Hood
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Filtered Pool
  • Concrete Porch or Patio
  • Exterior Lighting

Location

  • Suburban Location

Utilities

  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 60
  • Tax Tract Number 21980
  • Assessor Parcel Number 8426007022

Home Details

Home Type

Single Family

Year Built

Built in 1956 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Subdivision Name Other: Charter Oak
  • View: Yes
  • Architectural Style: Contemporary, Ranch
  • Property Condition: Termite Clearance, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8426007022
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2038.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Cathedral Ceiling(s), Ceiling Fan(s), Crown Molding, Stone Counters
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Full Bathrooms: 1
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Eating Area: Dining Room, In Kitchen, Country Kitchen
  • Fireplace Features: Dining Room, Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 343.47
  • Room Type: Family Room, Formal Entry, Foyer, Great Room, Master Suite
  • Window Features: Double Pane Windows, Plantation Shutters
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • View: Mountain(s), Pool
  • Fence: Yes
  • Fencing: Block, Wood
  • Patio And Porch Features: Concrete, Patio
  • Pool Features: Private, Filtered
  • Pool Private: Yes
  • Roof: Shingle

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage Faces Side
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Gas Range, Range Hood
  • Heating Type: Central, Natural Gas
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Public Sewer, Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Landscaped, Sprinkler System
  • Lot Size Sq Ft: 8436.00
  • Lot Size Acres: 0.1937
  • Latitude Manual: 34.08428300

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8436.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 60
  • Tax Tract Number: 21980

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 4, 2019
Closed on
Oct 18, 2019
Sold by
Zhang Xiu Lian and Lam Kenny
Bought by
Salcedo Rommel M and Salcedo Mitchelle A
Seller's Agent
KEVIN EGAN
HOMEQUEST REAL ESTATE
Buyer's Agent
Ed Corpuz
Merit Capital Group Inc
List Price
$749,000
Sold Price
$700,000
Premium/Discount to List
-$49,000
-6.54%
Current Estimated Value
$1,037,284

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$337,284
Avg. Annual Appreciation
6.63%
Original Mortgage
$665,000
Outstanding Balance
$584,350
Interest Rate
3.65%
Estimated Equity
$452,934

Purchase Details

Listed on
Jan 11, 2019
Closed on
Mar 7, 2019
Sold by
Pennymac Corp
Bought by
Zhang Xiu Lian and Lam Kenny
Seller's Agent
Mathew Matti
Re/Max Tri-City
Buyer's Agent
KEVIN EGAN
HOMEQUEST REAL ESTATE
List Price
$623,000
Sold Price
$550,000
Premium/Discount to List
-$73,000
-11.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
49.47%

Purchase Details

Closed on
May 29, 2018
Sold by
Griffin Mike
Bought by
Pennymac Holdings Llc

Purchase Details

Closed on
May 17, 2004
Sold by
Griffin Lisa
Bought by
Griffin Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 11, 2004
Sold by
Griffin Betty F and Griffin Mike
Bought by
Griffin Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$336,000
Interest Rate
5.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 10, 2000
Sold by
Ayala Ernest J and Ayala Herlinda J
Bought by
Griffin Betty F and Griffin Mike

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$138,000
Interest Rate
7.9%

Purchase Details

Closed on
Jul 22, 1993
Sold by
Ige Edwin S and Ige Stella
Bought by
Ayala Ernest J and Ayala Herlinda J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,500
Interest Rate
3.5%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Salcedo Rommel M $700,000 Servicelink
Zhang Xiu Lian $550,000 Servicelink
Pennymac Corp -- Servicelink
Pennymac Holdings Llc $670,900 Accommodation
Griffin Mike -- Diversified Title & Escrow S
Griffin Mike -- Diversified Title & Escrow S
Griffin Betty F $265,000 Old Republic Title Company
Griffin Mike -- Old Republic Title Company
Ayala Ernest J $220,000 First American Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Salcedo Rommel M $665,000
Previous Owner Griffin Mike $336,000
Previous Owner Griffin Mike $336,000
Previous Owner Griffin Betty F $138,000
Previous Owner Ayala Ernest J $175,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
11/07/2019 11/07/19 Sold $700,000 0.0% $343 / Sq Ft
10/12/2019 10/12/19 Pending -- -- --
09/27/2019 09/27/19 Price Changed $699,900 -4.0% $343 / Sq Ft
07/26/2019 07/26/19 Price Changed $729,000 -2.7% $358 / Sq Ft
07/04/2019 07/04/19 For Sale $749,000 +36.2% $368 / Sq Ft
04/03/2019 04/03/19 Sold $550,000 -6.6% $270 / Sq Ft View Prior Sale
03/20/2019 03/20/19 Pending -- -- --
02/20/2019 02/20/19 Price Changed $589,000 -4.2% $289 / Sq Ft
02/13/2019 02/13/19 Price Changed $615,000 -1.3% $302 / Sq Ft
01/11/2019 01/11/19 For Sale $623,000 -- $306 / 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 $9,203 $774,368 $501,325 $273,043
2024 $9,203 $759,186 $491,496 $267,690
2023 $8,984 $744,301 $481,859 $262,442
2022 $8,879 $729,708 $472,411 $257,297
2021 $8,755 $707,251 $463,149 $244,102
2019 $8,158 $658,308 $450,432 $207,876
2018 $5,879 $480,977 $273,441 $207,536
2016 $5,611 $462,302 $262,824 $199,478
2015 $5,584 $455,359 $258,877 $196,482
2014 $5,571 $446,440 $253,806 $192,634
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV19158501

California Regional Multiple Listing Service (CRMLS)

APN: 8426-007-022