NOT LISTED FOR SALE

1716 E Merced Ave West Covina, CA 91791

Estimated Value: $808,000 - $839,000

3 Beds
2.5 Baths
1,361 Sq Ft
$608/Sq Ft Est. Value

Last Sold December 19, 2017

Last sale price $505,000 $371 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $4,919/month

1 Day on Market

Highlights

  • No HOA
  • 2 Car Attached Garage
  • Central Heating and Cooling System
  • Merced Elementary School Rated A-
  • Laundry Room
  • 1-Story Property

About This Home

As of December 2017

Highly sought after single story West Covina home is now available but not for long......ACT NOW!! Property is conveniently located close to freeways, schools, and beautiful parks. Just a short drive away from restaurants, shopping, and the West Covina mall. The property features a new roof and newly installed energy efficient windows throughout. As you walk in the property welcomes you with new flooring as well as an open living room with a brick enclosed fireplace for all your family needs. The kitchen and dining room area offers a cozy feel where holiday meals will soon take place. The bedrooms are spacious and the backyard is also very spacious for the area.

Last Agent to Sell the Property

Javier Suarez

Suarez Realty Group License #01452518 Listed on: 11/06/2017

Last Buyer's Agent

Shaowei Jin

IRN REALTY License #02028840

IRN REALTY

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1957

Lot Details

  • 9,040 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned WCR1YY

Parking

  • 2 Car Attached Garage
  • Parking Available

Interior Spaces

  • 1,361 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Dishwasher

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Exterior Lighting
  • Rain Gutters

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 20993
  • Assessor Parcel Number 8490029012

Home Details

Home Type

Single Family

Year Built

Built in 1957

Lot Details

9,040 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: WCR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8490029012
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1361.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Full Bathrooms: 2
  • Half Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 371.05
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher
  • Heating Type: Central
  • Laundry Features: In Garage, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters, Sidewalks, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9040.00
  • Lot Size Acres: 0.2075

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9040.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4066.01
  • Tax Lot: 12
  • Tax Tract Number: 20993

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 6, 2017
Closed on
Dec 8, 2017
Sold by
Gonzales Margarito
Bought by
Jin Shaowel and Sun Yanbo
Seller's Agent
Javier Suarez
Suarez Realty Group
Buyer's Agent
Shaowei Jin
IRN REALTY
List Price
$499,980
Sold Price
$505,000
Premium/Discount to List
$5,020
1%
Current Estimated Value
$827,567

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$322,567
Avg. Annual Appreciation
6.16%
Original Mortgage
$404,000
Outstanding Balance
$339,780
Interest Rate
3.9%
Mortgage Type
New Conventional
Estimated Equity
$487,787

Purchase Details

Closed on
Dec 5, 1994
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Gonzales Margarito and Gonzales Herlinda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,500
Interest Rate
9.16%

Purchase Details

Closed on
Jun 27, 1994
Sold by
Continental Development Of Calif Inc
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Jin Shaowel $505,000 Lawyers Title
Gonzales Margarito $155,000 First American Title Company
Federal Home Loan Mortgage Corporation $169,309 World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Jin Shaowel $404,000
Previous Owner Gonzales Margarito $139,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/19/2017 12/19/17 Sold $505,000 +1.0% $371 / Sq Ft
11/06/2017 11/06/17 For Sale $499,980 -- $367 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,793 $574,599 $449,213 $125,386
2024 $6,793 $563,333 $440,405 $122,928
2023 $6,443 $552,288 $431,770 $120,518
2022 $6,503 $541,459 $423,304 $118,155
2021 $6,317 $530,843 $415,004 $115,839
2019 $6,147 $515,100 $402,696 $112,404
2018 $5,963 $505,000 $394,800 $110,200
2017 $95 $224,309 $124,311 $99,998
2016 $2,598 $219,912 $121,874 $98,038
2015 $2,551 $216,610 $120,044 $96,566
2014 $2,544 $212,368 $117,693 $94,675
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG17252079

California Regional Multiple Listing Service (CRMLS)

APN: 8490-029-012

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