$270,375
SOLD DEC 19, 2013

16050 E Cypress St Covina, CA 91722

3 Beds
1.5 Baths
1,569 Sq Ft
7,123 Sq Ft Lot

Recently Sold

$172 Per Sq Ft

6% Below List Price

105 Days on Market

Highlights

  • No Units Above
  • No HOA
  • Forced Air Heating System
  • All Bedrooms Downstairs
  • Cul-De-Sac

About This Home

As of September 2014

PROPERTY NEEDS LOTS OF REPAIRS, NO GARAGE - CARPORT HAS 2 CAR GARAGE DOOR, PRIVATE STREET (CUL-DE-SAC). LARGE FAMILY ROOM.

Last Agent to Sell the Property

Roxana Arenas

Arenas Realty Inc. License #01352379 Listed on: 10/22/2013

Last Buyer's Agent

Tin-Jon Syiau

RAC Development Inc. License #01913608

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,822

Year Built

  • Built in 1960

Lot Details

  • 7,123 Sq Ft Lot
  • Cul-De-Sac

Interior Spaces

  • 1,569 Sq Ft Home
  • Living Room with Fireplace

Bedrooms and Bathrooms

  • 3 Bedrooms
  • All Bedrooms Down

Utilities

  • Forced Air Heating System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 8417022034

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,822

Year Built

Built in 1960

Lot Details

0

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8417022034
  • Year Built: 1960
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1569.00
  • Common Walls: No One Above
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 172.32
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Forced Air
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Cul-De-Sac
  • Lot Size Sq Ft: 7123.00
  • Lot Size Acres: 0.1640

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7123.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 000
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 26, 2015
Sold by
Dai Jianxin
Bought by
Dai Jianxin and Ye Meng
Current Estimated Value
$760,444

Purchase Details

Listed on
Jul 11, 2014
Closed on
Sep 2, 2014
Sold by
Ample Usa Investment Llc
Bought by
Dai Jianxin and Ye Meng
Seller's Agent
Bruce Jin
Pinnacle Real Estate Group
Buyer's Agent
Danny Lu
Pinnacle Real Estate Group
List Price
$399,000
Sold Price
$380,000
Premium/Discount to List
-$19,000
-4.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.67%
Original Mortgage
$266,000
Outstanding Balance
$95,883
Interest Rate
4.1%
Mortgage Type
New Conventional
Estimated Equity
$670,764

Purchase Details

Listed on
Oct 22, 2013
Closed on
Jan 28, 2014
Sold by
Li Tony
Bought by
Ample Usa Investment Llc
Seller's Agent
Roxana Arenas
Arenas Realty Inc.
Buyer's Agent
Tin-Jon Syiau
RAC Development Inc.
List Price
$286,200
Sold Price
$270,375
Premium/Discount to List
-$15,825
-5.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
61.51%

Purchase Details

Listed on
Oct 22, 2013
Closed on
Dec 4, 2013
Sold by
Chung Dora
Bought by
Li Tony
Seller's Agent
Roxana Arenas
Arenas Realty Inc.
Buyer's Agent
Tin-Jon Syiau
RAC Development Inc.
List Price
$286,200
Sold Price
$270,375
Premium/Discount to List
-$15,825
-5.53%

Purchase Details

Closed on
Jan 9, 2004
Sold by
Chung Dora and Taylor Shiloh
Bought by
Chung Dora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
6.02%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Dec 13, 2002
Sold by
Taylor Shiloh and Chung Dora
Bought by
Taylor Shiloh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$192,000
Interest Rate
5.86%

Purchase Details

Closed on
Mar 8, 2002
Sold by
Shaffer George W and Shaffer Lynda L
Bought by
Taylor Shiloh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
6.87%
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $380,000 First American Title Company
Grant Deed -- None Available
Grant Deed $270,500 None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Stewart Title Riverside
Interfamily Deed Transfer -- American Title Co
Grant Deed $210,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $266,000 New Conventional
Previous Owner $59,900 Credit Line Revolving
Previous Owner $363,100 Unknown
Previous Owner $181,500 Credit Line Revolving
Previous Owner $100,000 Credit Line Revolving
Previous Owner $192,000 No Value Available
Previous Owner $168,000 No Value Available
Closed $21,000 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/05/2014 09/05/14 Sold $380,000 -4.8% $242 / Sq Ft
07/11/2014 07/11/14 For Sale $399,000 +5.0% $254 / Sq Ft
07/02/2014 07/02/14 Off Market $380,000 -- --
05/12/2014 05/12/14 Price Changed $399,000 -9.1% $254 / Sq Ft
05/07/2014 05/07/14 For Sale $439,000 +62.4% $280 / Sq Ft
12/19/2013 12/19/13 Sold $270,375 0.0% $172 / Sq Ft
11/25/2013 11/25/13 Pending -- -- --
08/13/2013 08/13/13 Off Market $270,375 -- --
08/12/2013 08/12/13 For Sale $286,200 -- $182 / 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 $5,822 $447,738 $315,422 $132,316
2023 $5,736 $438,960 $309,238 $129,722
2022 $5,659 $430,354 $303,175 $127,179
2021 $5,573 $421,917 $297,231 $124,686
2019 $5,446 $409,405 $288,416 $120,989
2018 $5,163 $401,378 $282,761 $118,617
2016 $4,890 $385,794 $271,782 $114,012
2015 $4,752 $380,000 $267,700 $112,300
2014 -- $270,500 $200,000 $70,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13162525

California Regional Multiple Listing Service (CRMLS)

APN: 8417-022-034