NOT LISTED FOR SALE

20647 E Rancho Los Cerritos Rd Covina, CA 91724

Ramona Neighborhood

Estimated Value: $1,971,067 - $3,104,000

5 Beds
6 Baths
8,078 Sq Ft
$295/Sq Ft Est. Value

Last Sold January 04, 2017

Last sale price $1,100,000 $136 Per Sq Ft

Est. 117% increase in value since last sale

Current estimated payment $13,688/month

184 Days on Market

Highlights

  • Heated In Ground Pool
  • City Lights View
  • Wood Flooring
  • South Hills High School Rated A-
  • Art Deco Architecture
  • 4 Fireplaces

About This Home

As of January 2017

Seller relocating out of state and must sell their custom 5 bedroom 6 bathroom 8,078 square foot home on OVER an ACRE of land with picturesque views of an equestrian neighborhood nestled in mountains & rolling hills yet conveniently located minutes from the city. Built in 1991, the estate is being sold by it's original owners and features two kitchens and an in-laws suite with it's own private entrance. The spacious main floor is home to a foyer, a lounge bar, family room, a formal dining room and the main kitchen. The second floor is home to the master bedrooms and suites each with their own private bathrooms, fireplaces, and walk in closets. You'll marvel at the view while soaking in the heated 40 foot long pool or spa in the backyard which is also home to a gazebo and built in BBQ.

Last Agent to Sell the Property

Paul Argueta

Lowell & Vanderbilt, Inc. License #01223040 Listed on: 05/17/2016

Last Buyer's Agent

Rocio Rochel

VISMAR REAL ESTATE License #01956383

VISMAR REAL ESTATE

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1991

Lot Details

  • 1.07 Acre Lot
  • Property is zoned LCA12L

Parking

  • 12 Parking Spaces

Property Views

  • City Lights
  • Canyon
  • Mountain

Home Design

  • Art Deco Architecture

Interior Spaces

  • 8,078 Sq Ft Home
  • 3-Story Property
  • 4 Fireplaces
  • Wood Flooring
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 6 Full Bathrooms

Pool

  • Heated In Ground Pool
  • Heated Spa

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 8448-005-053

Home Details

Home Type

Single Family

Year Built

Built in 1991

Lot Details

1.07 Acres

Listing Details

  • Property Type: Residential
  • Property Sub Type: Single Family Residence
  • Style: Art Deco
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: Yes
  • Advertising Remarks: Not a fire sale. Property owned free and clear. Seller relocating out of state and must sell their custom tri-level 5 bedroom 6 bathroom 8,078 square foot home on OVER an ACRE of land with picturesque views of an equestrian neighborhood nestled in mountains & rolling hills yet conveniently located minutes from the city. Built in 1991, the estate is being sold by it's original owners, designers, and builders. The home sits atop a private gated hillside lot with absolutely no neighboring homes. It's design, construction, and even home decor is reflective of styles of from the 1990's and is due for a Hollywood style makeover. The home features two kitchens and an in-laws suite with it's own private entrance. The spacious main floor is home to a foyer, a lounge bar, family room, a formal dining room and the main kitchen. The second floor is home to the master bedrooms and suites.
  • Living Area: 8078
  • Lot Acreage: 1.0700
  • Stories: 3
  • Year Built: 1991
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Wood
  • Bedrooms: 5
  • Fireplaces: 4
  • Full Bathroom: 6
  • Half Bathroom: 0
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Laundry Area
  • Maids Room: 1
  • Total Bathrooms: 6.00
  • Fireplace: Yes
  • Price Per S Q F T: 196.58

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Heated
  • Pool: Yes
  • Spa: Heated
  • Spa Yn: Yes
  • View: Canyon, City, City Lights, Mountains
  • View: Yes

Garage/Parking

  • Covered Parking: 3
  • Total Parking: 12

Condo/Co-op/Association

  • HOA: No

Lot Info

  • Assessor Parcel Number: 8448-005-053
  • Geocode Override: No
  • Lot Size Area: 46706

Multi Family

  • Number Of Units: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 17, 2016
Closed on
Nov 7, 2016
Sold by
Dimitrov Dimitar Cvetkov
Bought by
Banh Dan B and Banh Ellen T
Seller's Agent
Paul Argueta
Lowell & Vanderbilt, Inc.
Buyer's Agent
Rocio Rochel
VISMAR REAL ESTATE
List Price
$1,888,000
Sold Price
$1,100,000
Premium/Discount to List
-$788,000
-41.74%
Current Estimated Value
$2,381,517

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,281,517
Avg. Annual Appreciation
8.74%
Original Mortgage
$880,000
Interest Rate
3.21%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 25, 2007
Sold by
Dimitrov Dimitar Cvetkov and Dimitrov Dimitar
Bought by
Dimitrov Dimitar Cvetkov and Dimitar Cvetkov Dimitrov Living Trust
Source: Public Records

Range of Values:

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Value Increase
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Percent Increase
--
Adjusted for Inflation
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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
Banh Dan B $1,100,000 Wfg Title Company Of Ca
Dimitrov Dimitar Cvetkov -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Banh Dan B $880,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/04/2017 01/04/17 Sold $1,100,000 -30.7% $136 / Sq Ft
11/17/2016 11/17/16 Pending -- -- --
10/31/2016 10/31/16 Price Changed $1,588,000 +59.1% $197 / Sq Ft
10/03/2016 10/03/16 Price Changed $998,000 -39.5% $124 / Sq Ft
09/15/2016 09/15/16 Price Changed $1,650,000 -5.1% $204 / Sq Ft
08/22/2016 08/22/16 Price Changed $1,738,000 -3.3% $215 / Sq Ft
07/26/2016 07/26/16 Price Changed $1,798,000 -4.8% $223 / Sq Ft
05/17/2016 05/17/16 For Sale $1,888,000 -- $234 / Sq Ft
Source: The MLS

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 $13,923 $1,142,493 $406,201 $736,292
2024 $13,923 $1,120,092 $398,237 $721,855
2023 $13,226 $1,059,738 $390,429 $669,309
2022 $12,997 $1,038,960 $382,774 $656,186
2021 $12,781 $1,018,589 $375,269 $643,320
2019 $12,479 $988,380 $364,140 $624,240
2018 $13,655 $1,122,000 $612,000 $510,000
2016 $10,236 $854,307 $145,116 $709,191
2015 $9,943 $841,476 $142,937 $698,539
2014 $9,805 $824,994 $140,138 $684,856
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-126254

The MLS

APN: 8448-005-053

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