$4,200,000
SOLD OCT 18, 2018

20224 E Lorencita Dr Covina, CA 91724

Ramona Neighborhood
4 Beds
8 Baths
7,238 Sq Ft
4.32 Acres

Recently Sold

$580 Per Sq Ft

16% Below List Price

131 Days on Market

Highlights

  • Barn
  • Stables
  • Pebble Pool Finish
  • Mesa Elementary School Rated A-
  • Koi Pond
  • Sauna

About This Home

As of February 2024

This stunning estate is the Crown Jewel of the San Gabriel Valley and now has Guest House plans in process with beautiful view! Less than a mile from Walnut. For the most sophisticated Buyer who can appreciate fine craftsmanship rarely seen in today's custom home market. As you round the bend on Lorencita your eye catches the magnificent stately manor sitting majestically atop the 4.32 acre exquisitely landscaped grounds. The entire home and entertaining pool house have been rebuilt from the studs up using only the finest of materials & craftsmanship, the estate has become a work of art. There are 100's of roses, fruit trees, wishing well, walking paths & shade trees adorn the gardens. You have your own private riding facility with custom built barn (could be a car collector garage), arena, round pen, and all the possible equine amenities. The Pool is the fairest in the Land, your private Disneyland to entertain family and friends. In fact, it has been featured on HGTV Extreme Pools! The estate has a wonderful history of hosting weddings and might make a successful wedding venue for a profitable home business. Several movies have been filmed at the home. Several garages for the serious car collector. Solar System & water conserving drip system w/careful plant selection keep the operational costs minimal and allow you to enjoy all this property has to offer. Video for full tour.

Last Agent to Sell the Property

GENI ADDICOTT

Coldwell Banker Top Team License #01351381 Listed on: 04/08/2018

Coldwell Banker Top Team

Last Buyer's Agent

ANDREW SANCHEZ

EXCLUSIVE PROPERTIES License #01403711

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $55,208

Year Built

  • Built in 2009

Lot Details

  • 4.32 Acre Lot
  • Cul-De-Sac
  • Security Fence
  • Wrought Iron Fence
  • Fence is in excellent condition
  • Drip System Landscaping
  • Sprinklers on Timer
  • Garden
  • Density is up to 1 Unit/Acre
  • Property is zoned LCR14L

Parking

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

Property Views

  • Panoramic
  • Woods
  • Mountain
  • Hills

Home Design

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

Interior Spaces

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

Kitchen

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

Flooring

  • Wood
  • Brick
  • Carpet
  • Stone

Bedrooms and Bathrooms

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

Home Security

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

Pool

  • Pebble Pool Finish
  • Filtered Pool
  • Solar Heated In Ground Pool
  • Heated Spa
  • In Ground Spa
  • Saltwater Pool
  • Waterfall Pool Feature
  • Fence Around Pool

Outdoor Features

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

Schools

  • Mesa Elementary School
  • Sierra Vista Middle School
  • South Hills High School

Horse Facilities and Amenities

  • Horse Property Improved
  • Corral
  • Stables

Utilities

  • Forced Air Zoned Heating and Cooling System
  • Natural Gas Connected
  • Tankless Water Heater
  • Conventional Septic
  • Sewer Not Available

Additional Features

  • Suburban Location
  • Barn

Listing and Financial Details

  • Tax Lot 46
  • Tax Tract Number 10330
  • Assessor Parcel Number 8277003006

Community Details

Overview

  • No Home Owners Association

Recreation

  • Horse Trails

Home Details

Home Type

Single Family

Est. Annual Taxes

$55,208

Year Built

Built in 2009

Lot Details

0

Parking

10

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • 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
  • 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, Granite Counters, High Ceilings, Intercom, Living Room Balcony, Pantry, Storage, Wired for Data, Wired for Sound
  • Stories: 2
  • Common Walls: No Common Walls
  • Flooring: Brick, Carpet, Stone, Wood
  • Appliances: Yes
  • Full Bathrooms: 5
  • Full And Three Quarter Bathrooms: 6
  • Half Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 4
  • Door Features: Double Door Entry, French Doors
  • Eating Area: Breakfast Nook, Dining Room
  • Fireplace Features: Bath, Family Room, Kitchen, Living Room, Master Bedroom, Outside, Gas, Gas Starter
  • Levels: Two
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 580.27
  • Room Type: Family Room, Formal Entry, Kitchen, Laundry, Living Room, Loft, Main Floor Bedroom, Main Floor Master Bedroom, Master Suite, Office, Sauna, Walk-In Closet, Walk-In Pantry, Workshop
  • Spa Features: Heated, In Ground, Private
  • Window Features: Bay Window(s), Casement Windows, Custom Covering, Double Pane Windows, Wood Frames
  • Bathroom Features: Bathtub, Shower, Double Sinks In Master Bath, Dual Shower Heads (or Multiple), Exhaust Fan(s), Granite Counters, Jetted Tub
  • Room Kitchen Features: Granite Counters, Kitchen Island, Utility Sink, Walk-In Pantry

Exterior Features

  • Patio: Yes
  • Other Structures: Barn(s), Outbuilding, Shed(s), Storage, Workshop
  • Exterior Features: Barbecue Private, Corral, Koi Pond, Lighting, Rain Gutters, Stable
  • View: 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, Waterfall, Fenced, Salt Water, Filtered, Heated, Solar Heat, Pebble
  • Pool Private: Yes
  • Roof: Slate
  • Spa: Yes
  • Construction Materials: Brick, Plaster, Stone

Garage/Parking

  • Attached Garage: Yes
  • Carport Spaces: 3.00
  • Garage Spaces: 10.00
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Direct Garage Access, Paved, Garage, Garage Door Opener, Gated, Oversized, RV Access/Parking, RV Garage, RV Gated
  • Total Parking Spaces: 13.00

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 Cooktop, Microwave, Range Hood, Refrigerator, Tankless Water Heater
  • Heating Type: Central, Zoned
  • Laundry Features: Individual Room
  • Sewer: Conventional Septic
  • Water Source: Public
  • Cooling: Central Air, Zoned
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Covina Valley Unified
  • Elementary School: Mesa
  • Middle School: Sierra Vista
  • High School: South Hills
  • Elementary School: Mesa
  • High School: South Hills
  • Middle Or Junior School: Sierra Vista
  • Elementary School #2: MESA
  • High School2: SOUHIL

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Cul-De-Sac, Garden, Horse Property Improved, Landscaped, Lot Over 40000 Sqft, Sprinklers Drip System, Sprinklers Timer
  • Lot Size Sq Ft: 188343.00

Multi Family

  • Lease Considered: No
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4035.00
  • Tax Lot: 46
  • Tax Tract Number: 10330

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
Current Estimated Value
$4,695,278

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
6.08%
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

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed -- None Listed On Document
Grant Deed $4,300,000 Chicago Title Company
Grant Deed $4,200,000 Wfg National Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $2,300,000 Financial Title Company San
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $800,000 New Conventional
Previous Owner $2,300,000 Construction
Previous Owner $2,000,000 New Conventional
Previous Owner $2,200,000 Adjustable Rate Mortgage/ARM
Previous Owner $2,200,000 Amount Keyed Is An Aggregate Amount
Previous Owner $2,140,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,425,000 Commercial
Previous Owner $1,183,000 Adjustable Rate Mortgage/ARM
Previous Owner $1,000,000 Credit Line Revolving
Previous Owner $1,289,000 New Conventional
Previous Owner $100,000 Future Advance Clause Open End Mortgage
Previous Owner $1,300,000 New Conventional
Previous Owner $1,610,000 Purchase Money Mortgage
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
2025 $55,208 $4,386,000 $3,060,000 $1,326,000
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: TR18079915

California Regional Multiple Listing Service (CRMLS)

APN: 8277-003-006