NOT LISTED FOR SALE

20885 Marcon Dr Walnut, CA 91789

Estimated Value: $2,050,548 - $2,528,000

5 Beds
4 Baths
4,370 Sq Ft
$499/Sq Ft Est. Value

Last Sold February 13, 2017

Last sale price $1,315,000 $301 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $12,940/month

88 Days on Market

Highlights

  • City Lights View
  • No HOA
  • 5-minute walk to Suzanne Park
  • Vejar Elementary School Rated A
  • Central Heating and Cooling System

About This Home

As of February 2017

Just reduced $200,000 for quick sale. Beautiful Custom home with Spacious living space. 2 Suites with Huge Master bedroom downstairs. Open and bright Large family room and Kitchen area. Best location in the city of walnut. Walking distance to Suzanne middle school and Walnut high school. Convenient location to City hall, Library and senior center. Large flat lot with professional landscaping. Front porch and Gazebo. Beautiful 180 degree city light view from the second story. Solar lease, Beautiful mature trees and a lemon tree with lots of lemons and 35 beautiful roses. Enjoy sitting on the front porch in a rocking chair. 3 separate HVAC units. A gourmet kitchen with a large pantry. Ideal for a large family or a Multi-gen family. Natural gas fire pit and gas outlet for barbecue, etc. Great room with 5 large French doors to brighten up the kitchen. Well lighted rooms. Two gas fireplaces. Also marble counters travertine flooring high end stainless appliances. Almost half of house built in 2007.

Last Agent to Sell the Property

Cathy Cheng

CC Royal Realty License #01270713 Listed on: 09/23/2016

Co-Listed By

THOMAS HANKS

THOMAS HANKS BROKER License #02002600

Last Buyer's Agent

Michael Drylie

Redfin Corporation License #00640948

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1977

Lot Details

  • 0.39 Acre Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned WAR115000RURAL

Parking

  • 2 Car Garage

Interior Spaces

  • 4,370 Sq Ft Home
  • 2-Story Property
  • Family Room with Fireplace
  • City Lights Views

Bedrooms and Bathrooms

  • 5 Bedrooms | 1 Main Level Bedroom
  • 4 Full Bathrooms

Schools

  • Vejar Elementary School
  • Suzanne Middle School
  • Walnut High School

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 72
  • Assessor Parcel Number 8709017018

Home Details

Home Type

Single Family

Year Built

Built in 1977

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Zoning: WAR115000RURAL
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8709017018
  • Year Built: 1977
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 4370.00 Square Feet
  • Stories: 2
  • Common Walls: No Common Walls
  • Full Bathrooms: 4
  • Total Bedrooms: 5
  • Fireplace Features: Family Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 300.92
  • Room Type: Family Room

Exterior Features

  • View: City Lights
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

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

Condo/Co-op/Association

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

Schools

  • Elementary School: Vejar
  • High School: Walnut
  • Middle Or Junior School: Suzanne
  • Elementary School #2: VEJAR
  • High School2: WALNUT

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 17056.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 4034.04
  • Tax Lot: 4
  • Tax Tract Number: 72

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 23, 2016
Closed on
Jan 18, 2017
Sold by
Hanks Eugene and Hanks Jerianne
Bought by
Wong Tommy and Luu Priscilla
Seller's Agent
Cathy Cheng
CC Royal Realty
Buyer's Agent
Michael Drylie
Redfin Corporation
List Price
$1,590,000
Sold Price
$1,315,000
Premium/Discount to List
-$275,000
-17.3%
Current Estimated Value
$2,179,637

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$864,637
Avg. Annual Appreciation
5.86%
Original Mortgage
$815,000
Outstanding Balance
$673,824
Interest Rate
4.32%
Mortgage Type
New Conventional
Estimated Equity
$1,505,813

Purchase Details

Closed on
Aug 21, 2014
Sold by
Hanks Eugene and Hanks Jerianne
Bought by
The Eugene & Jerianne Hanks Living Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Wong Tommy $1,315,000 Title 365
The Eugene & Jerianne Hanks Living Trust -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Tommy $815,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/13/2017 02/13/17 Sold $1,315,000 -6.1% $301 / Sq Ft
12/20/2016 12/20/16 Pending -- -- --
11/12/2016 11/12/16 Price Changed $1,399,900 -12.0% $320 / Sq Ft
09/23/2016 09/23/16 For Sale $1,590,000 -- $364 / 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 $18,234 $1,526,164 $918,833 $607,331
2024 $18,234 $1,496,240 $900,817 $595,423
2023 $17,792 $1,466,903 $883,154 $583,749
2022 $17,430 $1,438,141 $865,838 $572,303
2021 $17,105 $1,409,943 $848,861 $561,082
2020 $16,888 $1,395,486 $840,157 $555,329
2019 $16,564 $1,368,125 $823,684 $544,441
2018 $15,804 $1,341,300 $807,534 $533,766
2016 $5,654 $469,045 $33,821 $435,224
2015 $5,685 $462,000 $33,313 $428,687
2014 $5,696 $452,951 $32,661 $420,290
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR16710268

California Regional Multiple Listing Service (CRMLS)

APN: 8709-017-018