NOT LISTED FOR SALE

20224 E Lorencita Dr Covina, CA 91724

Ramona Neighborhood

Estimated Value: $4,289,000 - $5,060,000

5 Beds
7 Baths
7,238 Sq Ft
$643/Sq Ft Est. Value

Last Sold February 01, 2024

Last sale price $4,300,000 $594 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $30,714/month

24 Days on Market

Highlights

  • Barn
  • Stables
  • Koi Pond
  • Mesa Elementary School Rated A-
  • Horse Property
  • Art Studio

About This Home

As of February 2024

VIEW, VIEW, VIEW!!! This Panoramic city light & mountains view custom estate nestled on a huge lot and in the exclusive area of Covina. Private gated with RV garage and many RV parkings. Living room with vaulted ceiling. It has exquisite detail fine craftsmanship & impeccable professional custom decor showcase throughout. It was built in 2009 with HUGE 4.32 ACRE LOT professionally landscaped with 100's of roses, fruit trees, wishing well, walking paths, shade trees adorn the gardens with water conserving drip system and more. Amazing detached POOL HOUSE next to the Disneyland style pool and spa and overlooking the Panoramic city light and sunset view. Deluxe master suite with patio and walk-in dark wood with glass clothes closet. Resort like master bathroom with jetted tub, rock shower and mermaid decor. HUGE gourmet kitchen with granite counter tops, vaulted ceiling, large windows, built-in bench and fireplace. This amazing Park-like yard w/spectacular POOL/SPA, koi pond, slider turtle pond, waterfall plus it has own private riding facility with custom built barn for 10 horses. This property can be possibly sup-divided. Close to South Hills schools and golf course/ country club. Horse property. Several movies have been filmed at the home. A true gem!

Last Agent to Sell the Property

Jenny Xu

RE/MAX MASTERS REALTY License #01258213 Listed on: 01/01/2024

Last Buyer's Agent

Cathy Qi

RE/MAX MASTERS REALTY License #02004654

RE/MAX MASTERS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,208

Year Built

  • Built in 2009 | Remodeled

Lot Details

  • 4.32 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • South Facing Home
  • Security Fence
  • Wrought Iron Fence
  • Fence is in excellent condition
  • Drip System Landscaping
  • Secluded Lot
  • Misting System
  • Sprinklers Throughout Yard
  • Garden
  • Density is up to 1 Unit/Acre
  • Property is zoned LCR14L

Parking

  • 8 Car Direct Access Garage
  • 3 Carport Spaces
  • Second Garage
  • Parking Available
  • Garage Door Opener
  • Auto Driveway Gate
  • RV Garage

Property Views

  • Panoramic
  • City Lights
  • Woods
  • Mountain
  • Hills

Home Design

  • Custom Home
  • English Architecture
  • Turnkey
  • Brick Exterior Construction
  • Slate Roof
  • Tile Roof
  • Stone Siding
  • Plaster

Interior Spaces

  • 7,238 Sq Ft Home
  • 2-Story Property
  • Furnished
  • Dual Staircase
  • Wired For Sound
  • Wired For Data
  • Built-In Features
  • Crown Molding
  • Beamed Ceilings
  • High Ceiling
  • Recessed Lighting
  • Gas Fireplace
  • Double Pane Windows
  • Custom Window Coverings
  • Bay Window
  • Wood Frame Window
  • Casement Windows
  • Double Door Entry
  • French Doors
  • Family Room with Fireplace
  • Great Room
  • Living Room with Fireplace
  • Living Room Balcony
  • Dining Room
  • Home Office
  • Recreation Room
  • Loft
  • Bonus Room
  • Art Studio
  • Workshop
  • Storage
  • Sauna

Kitchen

  • Breakfast Area or Nook
  • Walk-In Pantry
  • Double Oven
  • Gas Oven
  • Six Burner Stove
  • Gas Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Granite Countertops
  • Utility Sink
  • Disposal
  • Fireplace in Kitchen

Flooring

  • Wood
  • Brick
  • Stone

Bedrooms and Bathrooms

  • 5 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom
  • 7 Full Bathrooms
  • Fireplace in Bathroom
  • Granite Bathroom Countertops
  • Dual Sinks
  • Dual Vanity Sinks in Primary Bathroom
  • Hydromassage or Jetted Bathtub
  • Multiple Shower Heads
  • Separate Shower
  • Exhaust Fan In Bathroom

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Home Security

  • Home Security System
  • Intercom
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Pool

  • Pebble Pool Finish
  • Solar Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Waterfall Pool Feature

Outdoor Features

  • Horse Property
  • Brick Porch or Patio
  • Koi Pond
  • Outdoor Fireplace
  • Exterior Lighting
  • Separate Outdoor Workshop
  • Shed
  • Outbuilding
  • Outdoor Grill
  • Rain Gutters

Horse Facilities and Amenities

  • Horse Property Improved
  • Corral
  • Stables

Utilities

  • Zoned Heating and Cooling
  • Natural Gas Connected
  • Private Water Source
  • Tankless Water Heater
  • Conventional Septic
  • Sewer Not Available

Additional Features

  • Property is near a park
  • Barn

Listing and Financial Details

  • Tax Lot 46
  • Tax Tract Number 1
  • Assessor Parcel Number 8277003006

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Trails
  • Hiking Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,208

Year Built

Built in 2009 | Remodeled

Lot Details

0

Parking

8

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: Private Road
  • Security: Automatic Gate, Carbon Monoxide Detector(s), Fire Sprinkler System, Security System, Smoke Detector(s)
  • View: Yes
  • Zoning: LCR14L
  • Architectural Style: Custom Built, English
  • Property Condition: Turnkey, Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8277003006
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 7238.00 Square Feet
  • Interior Amenities: 2 Staircases, Beamed Ceilings, Built-in Features, Crown Molding, Furnished, Granite Counters, High Ceilings, Intercom, Living Room Balcony, Pantry, Recessed Lighting, Storage, Wired for Data, Wired for Sound
  • Stories: 2
  • Entry Location: front door
  • Common Walls: No Common Walls
  • Flooring: Brick, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 7
  • Full And Three Quarter Bathrooms: 7
  • Total Bedrooms: 5
  • Door Features: Double Door Entry, French Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Entry Level: 1
  • Fireplace Features: Bath, Family Room, Kitchen, Living Room, Primary Bedroom, Outside, Gas, Gas Starter
  • Levels: Two
  • Main Level Bathrooms: 5
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 594.09
  • Room Type: Art Studio, Bonus Room, Entry, Family Room, Formal Entry, Great Room, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Main Floor Primary Bedroom, Primary Bathroom, Primary Bedroom, Primary Suite, Office, Recreation, Sauna, Separate Family Room, Walk-In Closet, Walk-In Pantry, Workshop
  • Spa Features: Private, Heated, In Ground
  • Window Features: Bay Window(s), Casement Windows, Custom Covering, Double Pane Windows, Drapes, Wood Frames
  • Bathroom Features: Bathtub, Shower, Double Sinks In Bath(s), Double Sinks In Primary Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Granite Counters, Jetted Tub, Remodeled, Separate Tub And Shower, Soaking Tub, Upgraded, Walk-In Shower
  • Room Kitchen Features: Granite Counters, Kitchen Island, Utility Sink, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Direction Faces: South
  • Other Structures: Barn(s), Outbuilding, Second Garage, Second Garage Detached, Shed(s), Storage, Workshop
  • Exterior Features: Barbecue Private, Corral, Koi Pond, Lighting, Rain Gutters, Stable
  • View: City Lights, Hills, Mountain(s), Panoramic, Trees/Woods
  • Fence: Yes
  • Fencing: Excellent Condition, Security, Wrought Iron
  • Patio And Porch Features: Brick, Stone
  • Pool Features: Private, In Ground, Pebble, Solar Heat, Waterfall
  • Pool Private: Yes
  • Roof: Slate, Tile
  • Spa: Yes
  • Construction Materials: Brick, Plaster, Stone

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 3.00
  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Direct Garage Access, Paved, Garage, Garage Door Opener, Gated, Oversized, RV Access/Parking, RV Covered, RV Garage, RV Gated
  • Total Parking Spaces: 11.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Not Available, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, Double Oven, ENERGY STAR Qualified Water Heater, Disposal, Gas Oven, Gas Range, Microwave, Range Hood, Refrigerator, Tankless Water Heater
  • Heating Type: Central
  • Laundry Features: Gas Dryer Hookup, Individual Room, Washer Hookup
  • Sewer: Conventional Septic
  • Water Source: Private
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Hiking, Horse Trails

Schools

  • School District: Covina Valley Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Cul-De-Sac, Garden, Horse Property, Horse Property Improved, Landscaped, Lot Over 40000 Sqft, Misting System, Park Nearby, Secluded, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear, Sprinklers On Side, Sprinklers Timer
  • Lot Size Sq Ft: 188343.00
  • Lot Size Acres: 4.3238
  • Latitude Manual: 34.06462600

Multi Family

  • Lease Considered: No
  • Lot Size Area: 188343.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4035.00
  • Tax Lot: 46
  • Tax Tract Number: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 15, 2024
Sold by
Martinez Jose Luis Alday
Bought by
2017 Alday Separate Property Family Trust and Martinez
Total Days on Market
24
Current Estimated Value
$4,651,982

Purchase Details

Listed on
Jan 1, 2024
Closed on
Jan 24, 2024
Sold by
Carla Villescas Sanchez Separate Propert
Bought by
Martinez Jose Luis Alday
Seller's Agent
Jenny Xu
RE/MAX MASTERS REALTY
Buyer's Agent
Cathy Qi
RE/MAX MASTERS REALTY
List Price
$4,600,000
Sold Price
$4,300,000
Premium/Discount to List
-$300,000
-6.52%
Views
130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.05%
Original Mortgage
$2,300,000
Interest Rate
6.61%
Mortgage Type
Construction

Purchase Details

Listed on
Apr 8, 2018
Closed on
Aug 23, 2018
Sold by
Forgette Paul F and Forgette Ronda N
Bought by
Sanchez Carla Villescas and The Carla Cillescas Sanchez Se
Seller's Agent
GENI ADDICOTT
Coldwell Banker Top Team
Buyer's Agent
ANDREW SANCHEZ
EXCLUSIVE PROPERTIES
List Price
$4,998,000
Sold Price
$4,200,000
Premium/Discount to List
-$798,000
-15.97%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.45%
Original Mortgage
$2,200,000
Interest Rate
3.75%
Mortgage Type
Amount Keyed Is An Aggregate Amount

Purchase Details

Closed on
Mar 7, 2013
Sold by
Forgette Paul F and Forgette Ronda N
Bought by
Forgette Paul F and Forgette Ronda N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,000,000
Interest Rate
3.51%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Oct 30, 2006
Sold by
Gordon Franklin and Gordon Marian
Bought by
Forgette Paul F and Forgette Ronda N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,610,000
Interest Rate
6.37%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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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
2017 Alday Separate Property Family Trust -- None Listed On Document
Martinez Jose Luis Alday $4,300,000 Chicago Title Company
Sanchez Carla Villescas $4,200,000 Wfg National Title Company
Forgette Paul F -- None Available
Forgette Paul F $2,300,000 Financial Title Company San
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open 2017 Alday Separate Property F $800,000
Previous Owner Martinez Jose Luis Alday $2,300,000
Previous Owner Sanchez Carla Villescas $2,000,000
Previous Owner Sanchez Carla Villescas $2,200,000
Previous Owner Sanchez Carla Villescas $2,200,000
Previous Owner Forgette Family Trust $2,140,000
Previous Owner Forgette Paul Francois $1,425,000
Previous Owner Forgette Paul F $1,183,000
Previous Owner Forgette Paul F $1,000,000
Previous Owner Forgette Paul F $1,289,000
Previous Owner Forgette Paul F $100,000
Previous Owner Forgette Paul F $1,300,000
Previous Owner Forgette Paul F $1,610,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/01/2024 02/01/24 Sold $4,300,000 -6.5% $594 / Sq Ft
01/25/2024 01/25/24 For Sale $4,600,000 +7.0% $636 / Sq Ft
01/17/2024 01/17/24 Off Market $4,300,000 -- --
01/01/2024 01/01/24 For Sale $4,600,000 +9.5% $636 / Sq Ft
10/18/2018 10/18/18 Sold $4,200,000 -15.9% $580 / Sq Ft
08/17/2018 08/17/18 Pending -- -- --
08/07/2018 08/07/18 Price Changed $4,997,000 0.0% $690 / Sq Ft
04/09/2018 04/09/18 For Sale $4,998,000 +19.0% $691 / Sq Ft
04/09/2018 04/09/18 Off Market $4,200,000 -- --
04/08/2018 04/08/18 For Sale $4,998,000 -- $691 / 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
2024 $55,208 $4,593,310 $3,280,937 $1,312,373
2023 $54,362 $4,503,246 $3,216,605 $1,286,641
2022 $53,601 $4,414,948 $3,153,535 $1,261,413
2021 $52,851 $4,328,381 $3,091,701 $1,236,680
2020 $52,112 $4,284,000 $3,060,000 $1,224,000
2019 $51,616 $4,200,000 $3,000,000 $1,200,000
2018 $34,988 $2,947,600 $2,018,600 $929,000
2016 $26,024 $2,214,600 $1,516,600 $698,000
2015 $25,637 $2,214,600 $1,516,600 $698,000
2014 $17,501 $1,488,000 $1,019,000 $469,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV23225954

California Regional Multiple Listing Service (CRMLS)

APN: 8277-003-006