NOT LISTED FOR SALE

2050 E Edgecomb St Covina, CA 91724

Estimated Value: $1,037,000 - $1,352,745

4 Beds
3 Baths
2,614 Sq Ft
$444/Sq Ft Est. Value

Last Sold August 23, 2018

Last sale price $780,000 $298 Per Sq Ft

Est. 49% increase in value since last sale

Current estimated payment $7,008/month

121 Days on Market

Highlights

  • In Ground Pool
  • 55,508 Sq Ft lot
  • Lawn
  • Royal Oak Middle School Rated 9+
  • Fireplace in Primary Bedroom
  • No HOA

About This Home

As of August 2018

WOW!!! Huge price reduction!! Seller wants it sold! Paradise in the making!!! This home is located on over One Acre of land! It is a fixer. The roof has been replaced recently and the pool and spa have been redone. Other than that, the home is in need of repairs. Beautiful parcel located to the far east end of Covina. It sits right next door to a multi million dollar home and two parcels away from San Dimas. It is at the end of a cul de sac, as well. The 4th Bedroom has been converted to a granny flat and with the opening of one door way, it can be a 4 Bedroom home. Lots of room to roam!!! This is a great buy! If you are looking for Serenity and Peace, this is it! Come and take a look, you won't be disappointed. Tons and Tons of Parking!!!

Last Agent to Sell the Property

PATRICIA PIKE

COLDWELL BANKER TOWN & COUNTRY License #01221780 Listed on: 03/27/2018

COLDWELL BANKER TOWN & COUNTRY

Last Buyer's Agent

PATRICIA PIKE

COLDWELL BANKER TOWN & COUNTRY License #01221780 Listed on: 03/27/2018

COLDWELL BANKER TOWN & COUNTRY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $10,258

Year Built

  • Built in 1956

Lot Details

  • 1.27 Acre Lot
  • Cul-De-Sac
  • Landscaped
  • Level Lot
  • Irregular Lot
  • Lawn
  • Back and Front Yard
  • Property is zoned CVR18500*

Parking

  • 2 Car Garage
  • Oversized Parking
  • Parking Available
  • Circular Driveway
  • Parking Lot

Interior Spaces

  • 2,614 Sq Ft Home
  • 1-Story Property
  • Entryway
  • Family Room with Fireplace
  • Living Room
  • Laundry Room
  • Basement

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Fireplace in Primary Bedroom
  • 3 Full Bathrooms

Outdoor Features

  • In Ground Pool
  • Rain Gutters

Utilities

  • Forced Air Heating and Cooling System
  • Septic Type Unknown

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 350
  • Assessor Parcel Number 8426018002

Home Details

Home Type

Single Family

Est. Annual Taxes

$10,258

Year Built

Built in 1956

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: CVR18500*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8426018002
  • Year Built: 1956
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2614.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Fireplace Features: Family Room, Master Bedroom
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 298.39
  • Room Type: All Bedrooms Down, Basement, Entry, Family Room, Kitchen, Laundry, Living Room

Exterior Features

  • Pool Features: Private, In Ground
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Circular Driveway, Driveway, Concrete, Garage, Oversized, Parking Space
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: Inside
  • Sewer: Septic Type Unknown
  • Water Source: Other, Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Gutters

Schools

  • School District: Charter Oak Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Landscaped, Lawn, Level with Street, Lot Over 40000 Sqft, Irregular Lot
  • Lot Size Sq Ft: 55508.00

Multi Family

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

Tax Info

  • Tax Census Tract: 4037.03
  • Tax Lot: 7
  • Tax Tract Number: 350

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 27, 2018
Closed on
Jul 26, 2018
Sold by
Russell Nancy L
Bought by
Galvez Gonzalo
Seller's Agent
PATRICIA PIKE
COLDWELL BANKER TOWN & COUNTRY
Buyer's Agent
PATRICIA PIKE
COLDWELL BANKER TOWN & COUNTRY
List Price
$949,000
Sold Price
$780,000
Premium/Discount to List
-$169,000
-17.81%
Current Estimated Value
$1,160,686

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$380,686
Avg. Annual Appreciation
5.72%
Original Mortgage
$679,650
Outstanding Balance
$590,248
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$570,438

Purchase Details

Closed on
Jun 18, 2015
Sold by
Russell Nancy Lee
Bought by
Nancy L Russell Trust

Purchase Details

Closed on
Jun 13, 2011
Sold by
Bac Home Loans Servicing Lp
Bought by
Russell Nancy Lee

Purchase Details

Closed on
May 14, 2010
Sold by
Chacon Norma
Bought by
Bac Home Loans Servicing Lp and Countrywide Home Loans Servicing Lp

Purchase Details

Closed on
Feb 8, 2006
Sold by
Chacon Fredi
Bought by
Chacon Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 7, 2006
Sold by
The Bazaran Galin Trust
Bought by
Chacon Norma

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Feb 2, 2006
Sold by
Herrera Alberto C
Bought by
The Bazaran Galin Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
1%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jul 2, 2003
Sold by
Yang Yi Hong
Bought by
Herrera Alberto C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$388,000
Interest Rate
6.99%
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
Galvez Gonzalo $780,000 Orange Coast Title Company
Nancy L Russell Trust -- None Available
Russell Nancy Lee $450,000 Landsafe Title
Bac Home Loans Servicing Lp $448,000 Landsafe Title
Chacon Norma -- First American Title Co
Chacon Norma $850,000 First American Title Co
The Bazaran Galin Trust -- None Available
Herrera Alberto C $485,000 --
Yang Yi Hong -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galvez Gonzalo $679,650
Previous Owner Chacon Norma $650,000
Previous Owner Herrera Alberto C $388,000
Closed Herrera Alberto C $97,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/23/2018 08/23/18 Sold $780,000 -12.8% $298 / Sq Ft
07/26/2018 07/26/18 Pending -- -- --
05/30/2018 05/30/18 Price Changed $895,000 -5.7% $342 / Sq Ft
03/27/2018 03/27/18 For Sale $949,000 -- $363 / 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 $10,258 $870,101 $635,732 $234,369
2024 $10,258 $853,041 $623,267 $229,774
2023 $9,967 $836,316 $611,047 $225,269
2022 $9,803 $819,918 $599,066 $220,852
2021 $9,665 $803,842 $587,320 $216,522
2019 $9,458 $780,000 $569,900 $210,100
2018 $5,972 $496,753 $347,728 $149,025
2016 $5,696 $477,465 $334,226 $143,239
2015 $5,672 $470,294 $329,206 $141,088
2014 $5,685 $461,083 $322,758 $138,325
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18069635

California Regional Multiple Listing Service (CRMLS)

APN: 8426-018-002