NOT LISTED FOR SALE

2049 E Vine Ave West Covina, CA 91791

South Hills Neighborhood

Estimated Value: $870,000 - $1,030,478

2 Beds
2 Baths
1,812 Sq Ft
$526/Sq Ft Est. Value

Last Sold February 18, 2019

Last sale price $635,000 $350 Per Sq Ft

Est. 50% increase in value since last sale

Current estimated payment $5,748/month

49 Days on Market

Highlights

  • In Ground Pool
  • View of Trees or Woods
  • Fireplace
  • West Covina High School Rated A-
  • No HOA
  • Cooling Available

About This Home

As of February 2019

Developers and Investors Dream! Amazing rare opportunity to own a huge residential flat lot around 19,000 square feet that could build 2 large houses, including a guest unit. One of the most original houses in West Covina built in 1912, with a great history being one of the largest ranch owners. Current owner used as a 4 unit rental property. Located in a very quiet and prosperous neighborhood. Close to prestige area of South Hill which is surrounded by multi-million dollar homes. 3 minute walk to the Elementary School, 7 to 8 minutes drive to well known Mt. San Antonio College and 15 minute drive to Cal Poly University, 5 minute drive to 5 freeway and the 10 freeway. Convenient location close to all shops, restaurants, and entertaining facilities. Extremely difficult to find such a flat lot in a well developed city.

Last Agent to Sell the Property

Lucy Scott

Visionaire Real Estate License #01328471 Listed on: 11/28/2018

Visionaire Real Estate

Last Buyer's Agent

EVERADO VELEZ

Quality Homes & Loans, Inc. License #01298131

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,620

Year Built

  • Built in 1912

Lot Details

  • 0.42 Acre Lot
  • Property is zoned WCR1YY

Parking

  • 2 Car Garage

Interior Spaces

  • 1,812 Sq Ft Home
  • 1-Story Property
  • Fireplace
  • Views of Woods
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Bedrooms | 4 Main Level Bedrooms
  • 2 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Exterior Lighting

Schools

  • Vine Elementary School
  • Hollencrest Middle School

Utilities

  • Cooling Available
  • Central Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 3,24
  • Tax Tract Number 930
  • Assessor Parcel Number 8485028021

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,620

Year Built

Built in 1912

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: WCR1YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8485028021
  • Year Built: 1912
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1812.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 350.44

Exterior Features

  • View: Trees/Woods
  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Schools

  • School District: West Covina
  • Elementary School: Vine
  • Middle School: Hollencrest
  • Elementary School: Vine
  • Middle Or Junior School: Hollencrest
  • Elementary School #2: VINE

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 18416.00
  • Lot Size Acres: 0.4228

Multi Family

  • Lease Considered: No
  • Lot Size Area: 18416.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4064.02
  • Tax Lot: 3,24
  • Tax Tract Number: 930

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 28, 2018
Closed on
Jan 4, 2019
Sold by
Young Jerry
Bought by
Medina Juan Alfredo Frausto and Frausto Nancy
Seller's Agent
Lucy Scott
Visionaire Real Estate
Buyer's Agent
EVERADO VELEZ
Quality Homes & Loans, Inc.
List Price
$650,000
Sold Price
$635,000
Premium/Discount to List
-$15,000
-2.31%
Current Estimated Value
$952,620

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$317,620
Avg. Annual Appreciation
6.82%
Original Mortgage
$598,500
Outstanding Balance
$527,244
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$453,312

Purchase Details

Listed on
Sep 15, 2015
Closed on
Jan 19, 2016
Sold by
Johnson David Lester
Bought by
Young Jerry
Seller's Agent
Teresa Krawiec
KELLER WILLIAMS COVINA
Buyer's Agent
Helen Chan
IRN REALTY
List Price
$650,000
Sold Price
$585,000
Premium/Discount to List
-$65,000
-10%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.73%
Original Mortgage
$409,500
Interest Rate
3.94%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 7, 2007
Sold by
Lockwood Robert Wayne and The Robert Wayne Lockwood & Lo
Bought by
Johnson David Lester

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$450,000
Interest Rate
6.19%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 10, 2004
Sold by
Lockwood Robert W and Lockwood Lois M
Bought by
Lockwood Robert Wayne
Source: Public Records

Range of Values:

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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
Medina Juan Alfredo Frausto $630,000 Fidelity National Title
Young Jerry $585,000 Fatcola
Johnson David Lester $645,000 First American Title Co
Lockwood Robert Wayne -- --
Lockwood Robert W -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Medina Juan Alfredo Frausto $598,500
Previous Owner Young Jerry $409,500
Previous Owner Johnson David Lester $450,000
Previous Owner Lockwood Lois M $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/18/2019 02/18/19 Sold $635,000 -2.3% $350 / Sq Ft
01/16/2019 01/16/19 Pending -- -- --
11/28/2018 11/28/18 For Sale $650,000 +11.1% $359 / Sq Ft
02/02/2016 02/02/16 Sold $585,000 -2.4% $323 / Sq Ft
12/10/2015 12/10/15 Pending -- -- --
11/24/2015 11/24/15 Price Changed $599,500 -4.1% $331 / Sq Ft
10/23/2015 10/23/15 Price Changed $625,000 -3.8% $345 / Sq Ft
09/15/2015 09/15/15 For Sale $650,000 -- $359 / 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 $8,620 $702,770 $562,218 $140,552
2024 $8,620 $688,992 $551,195 $137,797
2023 $8,186 $675,484 $540,388 $135,096
2022 $8,259 $662,241 $529,793 $132,448
2021 $8,028 $649,256 $519,405 $129,851
2020 $8,065 $642,600 $514,080 $128,520
2019 $104 $620,805 $422,466 $198,339
2018 $7,347 $608,633 $414,183 $194,450
2016 $1,299 $80,514 $26,899 $53,615
2015 $1,285 $79,305 $26,495 $52,810
2014 $1,292 $77,752 $25,976 $51,776
Source: Public Records

Agents Affiliated with this Home

  • Lucy Scott

    Seller's Agent in 2019

    Lucy Scott

    Visionaire Real Estate

    (949) 877-9000

    12 Total Sales

    Lucy Scott
    Section Image
  • EVERADO VELEZ

    Buyer's Agent in 2019

    EVERADO VELEZ

    Quality Homes & Loans, Inc.

    (626) 523-8954

    3 Total Sales

    EVERADO VELEZ
    Section Image
  • Teresa Krawiec

    Seller's Agent in 2016

    Teresa Krawiec

    KELLER WILLIAMS COVINA

    (626) 347-6281

    2 in this area

    35 Total Sales

    Teresa Krawiec
    Section Image
  • Helen Chan

    Buyer's Agent in 2016

    Helen Chan

    IRN REALTY

    (626) 447-5100

    24 Total Sales

    Helen Chan
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NP18281715

California Regional Multiple Listing Service (CRMLS)

APN: 8485-028-021

California Los Angeles County West Covina 91791 South Hills

2049 E Vine Ave, West Covina, CA

This home is located at 2049 E Vine Ave, West Covina, CA 91791 since 28 November 2018 and is currently estimated at $952,620, approximately $525 per square foot. This property was built in 1912. 2049 E Vine Ave is a home located in Los Angeles County with nearby schools including Vine Elementary School, Hollencrest Middle School, and West Covina 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.

California Regional Multiple Listing Service (CRMLS) 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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