Seller's Agent in 2025
Vartan Markarian
Markarian Realty
(818) 860-7386
1 in this area
115 Total Sales
228 E Puente St Covina, CA 91723
4
Beds
2
Baths
2,177
Sq Ft
7,793
Sq Ft Lot
Highlights
- No HOA
- Fireplace
- Central Heating and Cooling System
- South Hills High School Rated A-
- Laundry Room
- 1-Story Property
About This Home
As of March 2025Great investment or owner occupied property in Covina! Two units located in a fine neighborhood. Each unit is 2 bed 1 bath, private yards and 3 car garage, close proximity to schools, shopping transportation, metrolink and library…. Long time tenants and rents are low. Rents are $1900 and $1800/ month. Central heat and air in rear unit with beautiful fire place and den. Front unit has a patio. New window, new plumbing, Three car garage might be used for an ADU or built an ADU in back yard.. This super investment property will not last on this market!
Last Agent to Sell the Property
Markarian Realty Brokerage Email: MarkarianRealty@gmail.com License #01059771 Listed on: 02/17/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,109
Year Built
- Built in 1958
Lot Details
- 7,793 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Parking
- 3 Car Garage
Home Design
- Duplex
- Entry on the 1st floor
Interior Spaces
- 2,177 Sq Ft Home
- 1-Story Property
- Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Legal Lot and Block 3 / 14
- Tax Tract Number 19876
- Assessor Parcel Number 8445022025
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 2 Units
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $1,500
- Trash Expense $1,200
- Water Sewer Expense $1,100
- Operating Expense $11,000
- Gross Income $44,400
- Net Operating Income $33,400
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 17, 2025
Closed on
Mar 4, 2025
Sold by
Nazar And Lisa Nercessian 2021 Trust Pur and Nercessian Nazar A
Bought by
Corral Family Trust and Corral
Seller's Agent
Vartan Markarian
Markarian Realty
Buyer's Agent
Minerva Corral
CORRAL INVESTMENTS & REALTY
List Price
$899,999
Sold Price
$910,000
Premium/Discount to List
$10,001
1.11%
Views
26
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,773
Avg. Annual Appreciation
2.71%
Original Mortgage
$510,000
Outstanding Balance
$507,400
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$414,373
Purchase Details
Closed on
Aug 13, 2021
Sold by
Nercessian Nazar A and Nercessian Lisa K
Bought by
Nazar And Lisa Nercessian 2021 Trust and Nercessian Lisa K
Purchase Details
Listed on
Aug 12, 2020
Closed on
Aug 25, 2020
Sold by
Tmt Resources Ltd Llc
Bought by
Nercessian Nazar and Nercessian Lisa
Seller's Agent
Steve McIntosh
MC INTOSH REALTY
Buyer's Agent
Martin Alvandi
Prime 1 Estates, Inc
List Price
$670,000
Sold Price
$671,000
Premium/Discount to List
$1,000
0.15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.65%
Original Mortgage
$469,700
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 12, 2020
Closed on
Aug 17, 2020
Sold by
Coleman Tina and De Philips Peter
Bought by
Tmt Resources Ltd Llc
Seller's Agent
Steve McIntosh
MC INTOSH REALTY
Buyer's Agent
Martin Alvandi
Prime 1 Estates, Inc
List Price
$670,000
Sold Price
$671,000
Premium/Discount to List
$1,000
0.15%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$469,700
Interest Rate
2.9%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 23, 2007
Sold by
Dephilips Pete
Bought by
Dephilips Pete and The Pete De Philips Living Trust
Purchase Details
Closed on
Dec 29, 2006
Sold by
Dephilips Pete and Pauline De Graziano Living Tru
Bought by
Dephilips Pete
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $910,000 | Lawyers Title Company | |
| Grant Deed | -- | None Listed On Document | |
| Warranty Deed | $671,000 | Ticor Title | |
| Warranty Deed | -- | Ticor Title Company Of Ca | |
| Warranty Deed | -- | Ticor Title Company Of Ca | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $510,000 | New Conventional | |
| Previous Owner | $469,700 | New Conventional | |
| Previous Owner | $70,000 | Unknown |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/20/2025 03/20/25 | Sold | $910,000 | +1.1% | $418 / Sq Ft |
| 02/17/2025 02/17/25 | For Sale | $899,999 | +34.1% | $413 / Sq Ft |
| 10/09/2020 10/09/20 | Sold | $671,000 | +0.1% | $308 / Sq Ft |
| 08/22/2020 08/22/20 | Pending | -- | -- | -- |
| 08/16/2020 08/16/20 | For Sale | $670,000 | -0.1% | $308 / Sq Ft |
| 08/16/2020 08/16/20 | Off Market | $671,000 | -- | -- |
| 08/12/2020 08/12/20 | For Sale | $670,000 | -- | $308 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $9,109 | $726,310 | $465,445 | $260,865 |
| 2024 | $9,109 | $712,069 | $456,319 | $255,750 |
| 2023 | $8,979 | $698,108 | $447,372 | $250,736 |
| 2022 | $8,863 | $684,420 | $438,600 | $245,820 |
| 2021 | $8,733 | $671,000 | $430,000 | $241,000 |
| 2019 | $4,134 | $280,000 | $140,000 | $140,000 |
| 2018 | $3,877 | $274,510 | $137,255 | $137,255 |
| 2016 | $3,657 | $263,852 | $131,926 | $131,926 |
| 2015 | $3,556 | $259,890 | $129,945 | $129,945 |
| 2014 | $3,516 | $254,800 | $127,400 | $127,400 |
Source: Public Records
Agents Affiliated with this Home
-
Vartan Markarian
-
Minerva Corral
Buyer's Agent in 2025
Minerva Corral
CORRAL INVESTMENTS & REALTY
(626) 974-8223
2 in this area
28 Total Sales
-
Steve McIntosh
S
Seller's Agent in 2020
Steve McIntosh
MC INTOSH REALTY
(626) 966-7456
7 in this area
15 Total Sales
-
Martin Alvandi
M
Buyer's Agent in 2020
Martin Alvandi
Prime 1 Estates, Inc
(818) 447-8628
2 in this area
37 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: GD25031861
APN: 8445-022-025
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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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