NOT LISTED FOR SALE

201 N Vecino Dr Covina, CA 91723

Estimated Value: $787,000 - $1,129,000

6 Beds
3 Baths
2,605 Sq Ft
$374/Sq Ft Est. Value

Last Sold April 15, 2016

Last sale price $557,500 $214 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $5,730/month

80 Days on Market

Highlights

  • No HOA
  • 3 Car Garage
  • Level Lot
  • South Hills High School Rated A-

About This Home

As of April 2016

3 UNITS - 100% occupied in 'No Rent' Control area. Property in good condition. Property looks as good as it cash flows. Please do not disturb tenants. Financial information is based on actual rents. STRONG RENTAL AREA IN COVINA. Located in the Prospero Park Area, a diverse populace. Low to Medium income levels. Centrally located, Metro nearby, bus stations, downtown Covina.

Last Agent to Sell the Property

WELFORD WOO

NETPOWER FINANCIAL GROUP License #00929629 Listed on: 12/12/2015

Last Buyer's Agent

Ash Rizk

Coldwell Banker Realty License #01503342

Coldwell Banker Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1959

Lot Details

  • 5,324 Sq Ft Lot
  • Two or More Common Walls
  • Level Lot

Parking

  • 3 Car Garage
  • Parking Available
  • Driveway

Home Design

  • 2,605 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 22305
  • Assessor Parcel Number 8429030045

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $680
  • Water Sewer Expense $1,240
  • New Taxes Expense $5,379
  • Gross Income $2,775
  • Net Operating Income $14,511

Property Details

Home Type

Multi-Family

Year Built

Built in 1959

Lot Details

5,324 Sq Ft Lot

Parking

3

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1240.00
  • Property Type: Residential Income
  • Parcel Number: 8429030045
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 214.01

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Garage
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 680.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Level with Street
  • Lot Size Sq Ft: 5324.00
  • Price Per Lot Square Foot: 104.71
  • Lot Size Acres: 0.1220

Multi Family

  • Gross Income: 2775.00
  • Gross Scheduled Income: 33300.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5324.0000 Square Feet
  • Net Operating Income: 14511.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 18789.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 5379.00
  • Tax Lot: 3
  • Tax Tract Number: 22305

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 12, 2015
Closed on
Mar 21, 2016
Sold by
Wu Lluren
Bought by
Thomas Sony J and Kushand Leena Thomas
Seller's Agent
WELFORD WOO
NETPOWER FINANCIAL GROUP
Buyer's Agent
Ash Rizk
Coldwell Banker Realty
List Price
$598,000
Sold Price
$557,500
Premium/Discount to List
-$40,500
-6.77%
Current Estimated Value
$973,013

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$415,513
Avg. Annual Appreciation
5.80%
Original Mortgage
$390,000
Outstanding Balance
$308,581
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$664,432

Purchase Details

Listed on
May 2, 2012
Closed on
Jun 5, 2012
Sold by
Harrington Jacqueline L and The Margaret D Holmes Revocabl
Bought by
Wu Liuren and Kwok Veronica
Seller's Agent
John P. Simon Wright
WRIGHT PROPERTY MANAGEMENT
Buyer's Agent
Chi Sam
IRN Realty
List Price
$410,000
Sold Price
$389,200
Premium/Discount to List
-$20,800
-5.07%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.95%

Purchase Details

Closed on
Apr 3, 2003
Sold by
Holmes Margaret D
Bought by
The Margaret D Holmes Revocable 2003 Tr
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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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
Thomas Sony J $557,500 Title 365
Wu Liuren $389,500 Pacific Coast Title Company
The Margaret D Holmes Revocable 2003 Tr -- --
Holmes Margaret D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Thomas Sony J $390,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/15/2016 04/15/16 Sold $557,500 -6.8% $214 / Sq Ft
02/08/2016 02/08/16 Pending -- -- --
11/20/2015 11/20/15 For Sale $598,000 +53.6% $230 / Sq Ft
07/03/2012 07/03/12 Sold $389,200 -5.1% $149 / Sq Ft View Prior Sale
05/15/2012 05/15/12 Pending -- -- --
05/02/2012 05/02/12 For Sale $410,000 -- $157 / 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 $8,605 $659,960 $426,164 $233,796
2024 $8,605 $647,020 $417,808 $229,212
2023 $8,485 $634,334 $409,616 $224,718
2022 $8,376 $621,897 $401,585 $220,312
2021 $8,252 $609,704 $393,711 $215,993
2019 $8,069 $591,622 $382,034 $209,588
2018 $7,713 $580,023 $374,544 $205,479
2016 $5,534 $404,858 $208,047 $196,811
2015 $5,379 $398,777 $204,922 $193,855
2014 $5,314 $390,966 $200,908 $190,058
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS15250520

California Regional Multiple Listing Service (CRMLS)

APN: 8429-030-045

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