NOT LISTED FOR SALE

1580 E Via Verde St Unit C Covina, CA 91724

Estimated Value: $1,001,000 - $1,624,000

2 Beds
2 Baths
1,700 Sq Ft
$770/Sq Ft Est. Value

About This Home

*LEASE* 1,700 square foot cottage located on a prestigious ranch estate on four acres. This property once hosted political parties and was formerly owned by a Mayor of Covina. This rural setting makes you think you are in the country, yet it is very close to Los Angeles. This home offers an open floorplan with the two bedrooms on opposite sides of the home. The smaller bedroom has direct access to a bathroom. It also includes its own entry door. The master bedroom has a bathroom across the hall. This large master bath includes laundry hookups, vanity, and large shower. This newly renovated master bath includes an entry door to the courtyard. The kitchen includes a bar complete with full bar sink, beverage cabinets and mood lighting. Built in dishwasher, gas stovetop and separate oven. Newly refinished Saltillo floor. The Kitchen and living room look out through a wall of glass overlooking the patio and pool. The main entrance to this cottage is on the south side of the home. Landlord covers water, trash, and pool. Don’t miss out on this great opportunity!

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 13, 2015
Sold by
Olson Mark K and Olson Carie D
Bought by
State Of California Department Of Transp
Current Estimated Value
$1,309,307

Purchase Details

Closed on
Oct 1, 2012
Sold by
Olson Mark K and Olson Carie D
Bought by
Olson Mark K and Olson Carie D

Purchase Details

Closed on
Oct 12, 1994
Sold by
Resolution Trust Corp
Bought by
Olson Mark K and Olson Carie D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,500
Interest Rate
8.9%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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First American

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Quantarium

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Average Value
Not Available
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
State Of California Department Of Transp -- Stewart Title
Olson Mark K -- None Available
Olson Mark K -- None Available
Olson Mark K -- World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Olson Mark K $422,000
Closed Olson Mark K $526,000
Closed Olson Mark K $75,000
Closed Olson Mark K $375,000
Previous Owner Olson Mark K $292,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/16/2022 03/16/22 Rented $2,500 0.0% --
03/11/2022 03/11/22 Off Market $2,500 -- --
03/03/2022 03/03/22 For Rent $2,500 -- --

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 $8,750 $655,148 $256,999 $398,149
2023 $8,723 $642,303 $251,960 $390,343
2022 $8,566 $629,710 $247,020 $382,690
2021 $8,308 $617,364 $242,177 $375,187
2019 $8,267 $599,054 $234,995 $364,059
2018 $7,265 $587,309 $230,388 $356,921
2016 $6,921 $564,505 $221,443 $343,062
Source: Public Records

Agents Affiliated with this Home

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