$480,000
SOLD DEC 9, 2022
3 Beds
2 Baths
1,246 Sq Ft
6,021 Sq Ft Lot

Recently Sold

$385 Per Sq Ft

4% Below List Price

14 Days on Market

Highlights

  • Mountain View
  • No HOA
  • 1-Story Property

About This Home

As of April 2023

CALLING ALL INVESTORS for this incredible opportunity! This three bedroom two bathroom property is located in a well established neighborhood of Covina walking distance to Gladstone High School, great shopping and convenient freeway access. The property needs work and will not qualify for traditional financing, only offers with cash or hard money loans will be considered. Don't miss out on this one!

Last Agent to Sell the Property

Rachel Winetsky

RE/MAX CHAMPIONS License #00909931 Listed on: 11/16/2022

RE/MAX CHAMPIONS

Co-Listed By

Scott Winetsky

RE/MAX CHAMPIONS License #01349798

Last Buyer's Agent

Judi Reimer

First Team Real Estate License #01218767

First Team Real Estate

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,290

Year Built

  • Built in 1954

Lot Details

  • 6,021 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned LCA16000*

Interior Spaces

  • 1,246 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Mountain Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Location

  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 41
  • Tax Tract Number 19889
  • Assessor Parcel Number 8410021009

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,290

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: LCA16000*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8410021009
  • Year Built: 1954
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1246.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Family Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 385.23
  • Room Type: All Bedrooms Down

Exterior Features

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

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Covina Valley Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6021.00
  • Lot Size Acres: 0.1382

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6021.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4058.00
  • Tax Lot: 41
  • Tax Tract Number: 19889

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 3, 2023
Closed on
Mar 10, 2023
Sold by
Morgan Properties Four Llc
Bought by
Silva Julian and Silva Kristen
Seller's Agent
Judi Reimer
First Team Real Estate
Buyer's Agent
John Algattas
RE/MAX TOP PRODUCERS
List Price
$719,900
Sold Price
$740,000
Premium/Discount to List
$20,100
2.79%
Views
98
Current Estimated Value
$776,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$36,707
Avg. Annual Appreciation
2.11%
Original Mortgage
$715,302
Outstanding Balance
$695,157
Interest Rate
6.32%
Mortgage Type
FHA
Estimated Equity
$81,550

Purchase Details

Listed on
Nov 16, 2022
Closed on
Dec 2, 2022
Sold by
Alvarez Gloria
Bought by
Morgan Properties Four
Seller's Agent
Rachel Winetsky
RE/MAX CHAMPIONS
Buyer's Agent
Judi Reimer
First Team Real Estate
List Price
$499,900
Sold Price
$480,000
Premium/Discount to List
-$19,900
-3.98%
Views
134

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
286.79%
Original Mortgage
$10,000,000
Interest Rate
5.54%
Mortgage Type
Credit Line Revolving
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 Type Sale Price Title Company
Grant Deed $740,000 Orange Coast Title Company
Grant Deed $480,000 Orange Coast Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $715,302 FHA
Previous Owner $10,000,000 Credit Line Revolving
Previous Owner $544,185 Reverse Mortgage Home Equity Conversion Mortgage
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/04/2023 04/04/23 Sold $740,000 -1.3% $594 / Sq Ft
03/10/2023 03/10/23 Pending -- -- --
03/10/2023 03/10/23 Price Changed $749,900 +4.2% $602 / Sq Ft
03/03/2023 03/03/23 For Sale $719,900 +50.0% $578 / Sq Ft
12/09/2022 12/09/22 Sold $480,000 -4.0% $385 / Sq Ft
11/30/2022 11/30/22 Pending -- -- --
11/16/2022 11/16/22 For Sale $499,900 -- $401 / 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 $9,290 $769,895 $558,174 $211,721
2024 $9,290 $754,800 $547,230 $207,570
2023 $6,046 $480,000 $400,000 $80,000
2022 $1,214 $64,160 $33,697 $30,463
2021 $1,181 $62,903 $33,037 $29,866
2019 $1,149 $61,039 $32,058 $28,981
2018 $1,048 $59,843 $31,430 $28,413
2016 $994 $57,520 $30,210 $27,310
2015 $982 $56,657 $29,757 $26,900
2014 $947 $55,549 $29,175 $26,374
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV22241172

California Regional Multiple Listing Service (CRMLS)

APN: 8410-021-009