L
Seller's Agent in 2021
Layne Davis
Capital & Influence
18427 E Cypress St Covina, CA 91723
Estimated Value: $865,000 - $1,028,749
5
Beds
3
Baths
1,840
Sq Ft
$531/Sq Ft
Est. Value
About This Home
As of October 20212 SFR Units. The front house is a two bedroom one full bath single-family residence with upgraded kitchen, dual pane windows, laminate flooring and indoor laundry area and has its own fenced backyard.
The back house is a three bedroom, two full bath SFR with an upgraded kitchen. Property comes with a three car garage with a long concrete driveway with plenty of parking.
Last Agent to Sell the Property
Layne Davis
Capital & Influence License #01127465 Listed on: 08/06/2021
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1940
Lot Details
- 0.27 Acre Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 4 Open Parking Spaces
- 3 Car Garage
Home Design
- 1,840 Sq Ft Home
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot A
- Tax Tract Number 1022
- Assessor Parcel Number 8421022016
Community Details
Overview
- 2 Buildings
- 2 Units
Recreation
- Golf Course Community
Building Details
- 1 Leased Unit
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,600
- Trash Expense $720
- Water Sewer Expense $1,150
- Operating Expense $3,470
- Gross Income $9,320
- Net Operating Income $9,320
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Jul 25, 2020
Sold by
Bormann Jay Paul
Bought by
Jay Bormann And Jackie Bormann Living Trust and Bormann
Current Estimated Value
Purchase Details
Closed on
Mar 2, 2012
Sold by
Bormann Jason Allen and Bormann Jay Paul
Bought by
Bormann Jason Allen and Bormann Jay Paul
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,000
Interest Rate
3.92%
Mortgage Type
New Conventional
Purchase Details
Closed on
Oct 24, 2008
Sold by
Ooi Su Eng Bormann
Bought by
Bormann Jay Paul
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 14, 2008
Sold by
Salmon Norma M and The Norma M Salmon Revocable L
Bought by
Bormann Jason Allen and Bormann Jay Paul
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
5.77%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Sep 8, 2003
Sold by
Salmon Norma M
Bought by
Salmon Norma M and Salmon Revocable Livin Norma M
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Jay Bormann And Jackie Bormann Living Trust | -- | None Listed On Document | |
| Bormann Jason Allen | -- | American Coast Title | |
| Bormann Jay Paul | -- | Chicago Title Co | |
| Bormann Jason Allen | $225,000 | Chicago Title Co | |
| Salmon Norma M | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Bormann Jason Allen | $178,000 | |
| Previous Owner | Bormann Jason Allen | $180,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/21/2021 10/21/21 | Sold | $800,000 | -8.0% | $435 / Sq Ft |
| 08/16/2021 08/16/21 | Pending | -- | -- | -- |
| 08/06/2021 08/06/21 | Price Changed | $869,900 | 0.0% | $473 / Sq Ft |
| 08/06/2021 08/06/21 | For Sale | $869,900 | -- | $473 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $11,198 | $848,965 | $636,724 | $212,241 |
| 2024 | $10,677 | $832,320 | $624,240 | $208,080 |
| 2023 | $10,352 | $816,000 | $612,000 | $204,000 |
| 2022 | $10,215 | $800,000 | $600,000 | $200,000 |
| 2021 | $3,849 | $267,668 | $148,705 | $118,963 |
| 2020 | $3,801 | $264,925 | $147,181 | $117,744 |
| 2019 | $3,763 | $259,732 | $144,296 | $115,436 |
| 2018 | $3,530 | $254,640 | $141,467 | $113,173 |
| 2016 | $3,296 | $244,754 | $135,975 | $108,779 |
| 2015 | $3,208 | $241,079 | $133,933 | $107,146 |
| 2014 | $3,178 | $236,358 | $131,310 | $105,048 |
Source: Public Records
Agents Affiliated with this Home
-
-
Jenny Duong-Eng
Buyer's Agent in 2021
Jenny Duong-Eng
Real Brokerage Technologies
(323) 719-7717
1 in this area
48 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV21163261
APN: 8421-022-016
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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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