NOT LISTED FOR SALE

148 S Lark Ellen Ave West Covina, CA 91791

Estimated Value: $581,328 - $600,000

0.17 Acre
$3,456,531 Price per Acre
7,484 Sq Ft Lot

Last Sold July 31, 2024

Last sale price $575,000

Est. 3% increase in value since last sale

Current estimated payment $3,514/month

24 Days on Market

Highlights

  • No HOA
  • Merced Elementary School Rated A-
  • Rectangular Lot

About This Lot

As of July 2024

**Buying a Land to build without needing a long length of waiting period**

The land has been approved by West Covina City to build a 2804-square-foot, 4-bedroom, 5-bath two-story single-family residential home, and a 1052-square-foot, 2-bedroom, 2-bath ADU. The approved documentation is ready for buyer to record. Architecture drawing is already under review by the building department. Buyer can easily take over the rest of approving process from city and pull building permit. Buyer will also pay additional $45,000 of architecture drawing and City Plan check fee on this transaction.
Excellent flat land located in City of West Covina with convenient & quiet residential area. Surrounding area have few newer residential communities. This is a rare opportunity if you want to build a brand-new dream home of your own, or an investor looking for a development project.

Last Agent to Sell the Property

DEBRA TSAI

MERIDIAN CAPITAL REAL ESTATE Brokerage Phone: 626-893-7788 License #01487145 Listed on: 06/03/2024

Last Buyer's Agent

ALEXANDER YANG

eXp Realty of Greater Los Angeles License #02158900

eXp Realty of Greater Los Angeles

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,403

Lot Details

  • 7,484 Sq Ft Lot
  • Rectangular Lot
  • Level Lot
  • Property is zoned WCR1*

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 17848
  • Assessor Parcel Number 8477016014
  • $90 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Est. Annual Taxes

$3,403

Lot Details

0

Listing Details

  • View: No
  • Zoning: WCR1*
  • Property Type: Land
  • Parcel Number: 8477016014
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 76.83

Utilities

  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999, Rectangular Lot, Level
  • Lot Size Sq Ft: 7484.00
  • Lot Size Acres: 0.1718
  • Latitude Manual: 34.07069500

Multi Family

  • Lot Size Area: 7484.0000 Square Feet

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 17848
  • TaxOtherAnnualAssessmentAmount: 90.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 3, 2024
Closed on
Jul 24, 2024
Sold by
Zhang Jing
Bought by
Lin Daniel
Seller's Agent
DEBRA TSAI
MERIDIAN CAPITAL REAL ESTATE
Buyer's Agent
ALEXANDER YANG
eXp Realty of Greater Los Angeles
List Price
$550,000
Sold Price
$575,000
Premium/Discount to List
$25,000
4.55%
Views
45
Current Estimated Value
$593,832

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$18,832
Avg. Annual Appreciation
3.00%

Purchase Details

Closed on
Feb 8, 2016
Sold by
Hu Chao
Bought by
Zhang Jing

Purchase Details

Closed on
Feb 5, 2016
Sold by
Verduzco Joel
Bought by
Hu Chao and Zhang Jing

Purchase Details

Closed on
May 1, 2015
Sold by
Verduzco Joann
Bought by
Verduzco Joann
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Lin Daniel $575,000 Lawyers Title Company
Zhang Jing -- None Available
Hu Chao $249,000 None Available
Verduzco Joann -- None Available
Verduzco Joel -- None Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/31/2024 07/31/24 Sold $575,000 +4.5% --
06/28/2024 06/28/24 Pending -- -- --
06/03/2024 06/03/24 For Sale $550,000 -- --
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 $3,403 $575,000 $575,000 --
2024 $3,403 $288,983 $288,983 --
2023 $3,220 $283,317 $283,317 $0
2022 $3,252 $277,762 $277,762 $0
2021 $3,162 $272,316 $272,316 $0
2019 $3,080 $264,240 $264,240 $0
2018 $2,962 $259,059 $259,059 $0
2016 $1,661 $150,000 $150,000 $0
2015 $182 $12,826 $12,826 $0
2014 $184 $12,575 $12,575 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24111520

California Regional Multiple Listing Service (CRMLS)

APN: 8477-016-014