NOT LISTED FOR SALE

1912 W Merced Ave West Covina, CA 91790

Estimated Value: $5,311,510

-- Bed
-- Bath
10,072 Sq Ft
$527/Sq Ft Est. Value

About This Home

This home is located at 1912 W Merced Ave, West Covina, CA 91790 and is currently priced at $5,311,510, approximately $527 per square foot. 1912 W Merced Ave is a home located in Los Angeles County with nearby schools including Orangewood Elementary School, Edgewood Middle School, and Edgewood High School.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 24, 2022
Sold by
Rc West Covina Llc
Bought by
Grove At Merced Llc
Current Estimated Value
$5,311,510

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$15,000,000
Outstanding Balance
$14,508,413
Interest Rate
5.89%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 26, 2021
Sold by
Nhi Foundation Hldings Llc
Bought by
Rc West Covina Lp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,686,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 9, 2016
Sold by
Straight Way School The Islamic Learning
Bought by
Nhi Foundation Holdings

Purchase Details

Closed on
May 10, 2005
Sold by
Ahli United Bank Uk Plc
Bought by
Straight Way School The Islamic Learning

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$735,000
Interest Rate
5.72%
Mortgage Type
Commercial

Purchase Details

Closed on
Jun 15, 1999
Sold by
Islamic Learning & Practicing Center
Bought by
The United Bank Of Kuwait

Purchase Details

Closed on
Apr 13, 1995
Sold by
Valley Temple Sholom Of East San Gabriel
Bought by
Islamic Learning & Practicing Center

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$245,000
Interest Rate
7.86%
Mortgage Type
Commercial
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
Grove At Merced Llc $4,850,000 Fidelity National Title
Rc West Covina Lp $4,820,000 Fidelity National Title
Nhi Foundation Holdings $600,000 None Available
Straight Way School The Islamic Learning -- --
The United Bank Of Kuwait -- Commonwealth Land Title Co
Islamic Learning & Practicing Center $1,100,000 Commonwealth Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Grove At Merced Llc $15,000,000
Previous Owner Rc West Covina Lp $4,686,000
Previous Owner Straight Way School $400,000
Previous Owner Straight Way School The Islamic Learning $735,000
Previous Owner Islamic Learning & Practicing Center $245,000
Source: Public Records

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
2023 $70,212 $5,630,000 $5,630,000 $0
2022 $57,975 $4,820,000 $4,820,000 $0
2021 $28,900 $2,289,151 $2,289,151 $0
2019 $28,089 $2,221,254 $2,221,254 $0
2018 $26,994 $2,177,700 $1,524,900 $652,800
2016 $2,284 $3,261,665 $2,354,994 $906,671
2015 $2,267 $3,212,672 $2,319,620 $893,052
2014 $2,369 $3,149,741 $2,274,182 $875,559
Source: Public Records

Map

California Los Angeles County West Covina 91790

1912 W Merced Ave, West Covina, CA

This home is located at 1912 W Merced Ave, West Covina, CA 91790 and is currently priced at $5,311,510, approximately $527 per square foot. 1912 W Merced Ave is a home located in Los Angeles County with nearby schools including Orangewood Elementary School, Edgewood Middle School, and Edgewood High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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