NOT LISTED FOR SALE

1553 Dennis Place West Covina, CA 91790

Estimated Value: $1,399,364 - $1,763,000

7 Beds
4 Baths
3,580 Sq Ft
$433/Sq Ft Est. Value

Last Sold May 31, 2018

Last sale price $925,000 $258 Per Sq Ft

Est. 68% increase in value since last sale

Current estimated payment $9,672/month

209 Days on Market

Highlights

  • Mountain View
  • No HOA
  • Central Air
  • Edgewood High School Rated A-
  • Laundry Room

About This Home

As of May 2018

3 UNITS TWO STORY TOWNHOUSES. ONE UNIT IS 3 BDRM AND THE OTHER TWO UNITS ARE 2 BDROM. FIRST AND LAST UNIT WERE UPGRADED. LARGE BACKYARD WITH AMPLE PARKIGN SPACE AND PLAY AREA. LOCATION AT THE HEART OF WEST COVINA. CLOSE TO MALL AND VERY NICE NEIGHBORHOOD. THIS IS A MUST SEE. GREAT OPPORTUNTIY TO LIVE IN ONE AND RENT OUT THE OTHER TWO UNITS. POTENTIAL CAP RATE IS AROUND 3% TO 5%.

Last Listed By

HANK CHHAY

HANK CHHAY License #01412849 Listed on: 08/27/2017

Townhouse Details

Home Type

  • Townhome

Est. Annual Taxes

  • $12,970

Year Built

  • Built in 1979

Lot Details

  • 0.25 Acre Lot
  • Two or More Common Walls
  • Density is 11-15 Units/Acre

Parking

  • 3 Open Parking Spaces
  • 3 Car Garage
  • Parking Available
  • Assigned Parking
  • Unassigned Parking

Interior Spaces

  • 3,580 Sq Ft Home
  • 2-Story Property
  • Living Room with Fireplace
  • Laminate Flooring
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • All Upper Level Bedrooms
  • 4 Bathrooms

Additional Features

  • Suburban Location
  • Central Air

Listing and Financial Details

  • Tax Lot 10
  • Tax Tract Number 21431
  • Assessor Parcel Number 8458024028

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Amenities

  • Laundry Facilities

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,100
  • Insurance Expense $1,300
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • New Taxes Expense $12,400
  • Operating Expense $17,200
  • Gross Income $51,000
  • Net Operating Income $33,800

Townhouse Details

Home Type

Townhome

Est. Annual Taxes

$12,970

Year Built

Built in 1979

Lot Details

0

Parking

3

Listing Details

  • CapRate: 2.85
  • Property Attached: Yes
  • View: Yes
  • Water Sewer Expenses: 1200.00
  • Zoning: WCR3-MF20*
  • Property Sub Type: Townhouse
  • Property Type: Residential Income
  • Gardener Expense: 1100.00
  • Parcel Number: 8458024028
  • Year Built: 1979
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Fireplace Features: Living Room
  • Levels: Two
  • Price Per Square Foot: 258.38
  • Room Type: All Bedrooms Up

Exterior Features

  • View: Mountain(s)
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Assigned, Unassigned
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • 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: 11-15 Units/Acre
  • Lot Size Sq Ft: 10897.00

Multi Family

  • Average2 Bed Area: 1100 Square Feet
  • Average3 Bed Area: 1400 Square Feet
  • Gross Income: 51000.00
  • Gross Scheduled Income: 51000.00
  • Insurance Expense: 1300.00
  • Net Operating Income: 33800.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 17200.00
  • Rent Control: No
  • Total Actual Rent: 4250.00
  • Total Expenses: 17200.00

Tax Info

  • New Taxes Expense: 12400.00
  • Tax Census Tract: 4053.02
  • Tax Lot: 10
  • Tax Tract Number: 21431

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 27, 2017
Closed on
May 1, 2018
Sold by
Boa Estate Llc
Bought by
Rocillo Genevieve
Seller's Agent
HANK CHHAY
HANK CHHAY
Buyer's Agent
HANK CHHAY
HANK CHHAY
List Price
$1,189,000
Sold Price
$925,000
Premium/Discount to List
-$264,000
-22.2%
Total Days on Market
209
Current Estimated Value
$1,549,591

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$624,591
Avg. Annual Appreciation
7.71%
Original Mortgage
$662,750
Interest Rate
4.4%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 16, 2013
Closed on
Sep 25, 2013
Sold by
Lim Kenny and Lem Ann
Bought by
Boa Estates Llc
Seller's Agent
August Wen
Century 21 Masters
Buyer's Agent
Helen Chan
IRN Realty
List Price
$750,000
Sold Price
$755,000
Premium/Discount to List
$5,000
0.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.29%

Purchase Details

Listed on
Jul 16, 2013
Closed on
Jul 23, 2013
Sold by
Sanchez Roland and Sanchez Carla B
Bought by
Lim Kenny and Lem Ann
Seller's Agent
August Wen
Century 21 Masters
Buyer's Agent
Helen Chan
IRN Realty
List Price
$750,000
Sold Price
$755,000
Premium/Discount to List
$5,000
0.67%

Purchase Details

Closed on
Nov 22, 2005
Sold by
Villafuerte Cresencio Ong and Villafuerte Maria Cavelina Ramos
Bought by
Sanchez Roland and Sanchez Carla B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$399,500
Interest Rate
6.35%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Apr 29, 2002
Sold by
Delcampo Salvador Martin and Delcampo Maria E Martin
Bought by
Villafuerte Cresencio Ong and Villafuerte Maria Cavelina Ramos

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
6.74%
Mortgage Type
Seller Take Back

Range of Values:

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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
Rocillo Genevieve $925,000 Provident Title Company
Boa Estates Llc -- Accommodation
Lim Kenny $755,000 None Available
Sanchez Roland $799,000 Alliance Title Resale
Villafuerte Cresencio Ong $361,000 Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rocillo Genevieve $638,000
Closed Rocillo Genevieve $662,750
Previous Owner Boa Estates Llc $330,000
Previous Owner Sanchez Roland $392,400
Previous Owner Sanchez Roland $399,500
Previous Owner Villafuerte Cresencio Ong $120,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/31/2018 05/31/18 Sold $925,000 -15.1% $258 / Sq Ft
03/24/2018 03/24/18 Pending -- -- --
09/28/2017 09/28/17 Price Changed $1,089,000 -8.4% $304 / Sq Ft
08/27/2017 08/27/17 For Sale $1,189,000 +57.5% $332 / Sq Ft
07/30/2013 07/30/13 Sold $755,000 +0.7% $211 / Sq Ft
07/19/2013 07/19/13 Pending -- -- --
07/16/2013 07/16/13 For Sale $750,000 -- $209 / 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
2024 $12,970 $1,031,853 $725,086 $306,767
2023 $12,320 $1,011,621 $710,869 $300,752
2022 $12,429 $991,786 $696,931 $294,855
2021 $12,074 $972,340 $683,266 $289,074
2019 $11,744 $943,500 $663,000 $280,500
2018 $10,108 $813,410 $430,946 $382,464
2016 $9,219 $781,826 $414,213 $367,613
2015 $9,044 $770,084 $407,992 $362,092
2014 $8,991 $755,000 $400,000 $355,000
Source: Public Records

Agents Affiliated with this Home

  • H

    Seller's Agent in 2018

    HANK CHHAY

    HANK CHHAY

    (626) 241-2611

    Section Image
  • August Wen

    Seller's Agent in 2013

    August Wen

    Century 21 Masters

    (626) 688-7763

    6 in this area

    28 Total Sales

    August Wen
    Section Image
  • Helen Chan

    Buyer's Agent in 2013

    Helen Chan

    IRN Realty

    (626) 447-5100

    1 in this area

    24 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS17198549

California Regional Multiple Listing Service (CRMLS)

APN: 8458-024-028

California Los Angeles County West Covina 91790

1553 Dennis Place, West Covina, CA

Homes for Sale in West Covina, CA

This home is located at 1553 Dennis Place, West Covina, CA 91790 since 27 August 2017 and is currently estimated at $1,549,591, approximately $432 per square foot. This property was built in 1979. 1553 Dennis Place is a home located in Los Angeles County with nearby schools including Monte Vista Elementary School, Walnut Grove Intermediate School, and Edgewood High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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