Shari Nign
Rader Realtors
(626) 727-7143
22 Total Sales
3 in Covina
$775K - $1.2M Price Range
228 E Puente St Covina, CA 91723
Covina AreaEstimated Value: $922,186
4
Beds
2
Baths
2,177
Sq Ft
$424/Sq Ft
Est. Value
Highlights
- No HOA
- Fireplace
- 1-Story Property
- South Hills High School Rated A-
- Central Heating and Cooling System
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
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Property Details
Home Type
- Multi-Family
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 in unit
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
Amenities
- Laundry Facilities
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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
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
Seller's Agent
'Vic' 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
$12,186
Avg. Annual Appreciation
0.87%
Original Mortgage
$510,000
Outstanding Balance
$502,862
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$419,324
Purchase Details
Closed on
Aug 13, 2021
Sold by
Nercessian Nazar A and Nercessian Lisa K
Bought by
Nazar And Lisa Nercessian 2021 Trust
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
5.47%
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 The Pete De Philips Living Tru
Bought by
Coleman Tina and Dephilips Peter Anthony
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
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Covina, CA
-
Shari Nign
-
Nicole Jones
Nicole Jones
HOMESMART, EVERGREEN REALTY
(909) 443-1851
169 Total Sales
3 in Covina
$760K - $775K Price Range
-
Yi Sui
Yi Sui
PINNACLE REAL ESTATE GROUP
(562) 846-1528
79 Total Sales
1 in Covina
$865,000 Price
-
Edward Mazmanian
Edward Mazmanian
Re/Max Partners
(951) 476-2534
73 Total Sales
1 in Covina
$561,000 Price
-
Heidi Bailey
Heidi Bailey
Keller Williams Coastal Prop.
(949) 356-7766
38 Total Sales
1 in Covina
$1,125,000 Price
-
Margaret Tsay
Margaret Tsay
ATM INVEST REALTY, INC.
(323) 677-0993
5 Total Sales
2 in Covina
$665K - $826K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $910,000 | Lawyers Title Company | ||
| Nazar And Lisa Nercessian 2021 Trust | -- | None Listed On Document | |
| Nercessian Nazar | $671,000 | Ticor Title | |
| Coleman Tina | -- | Ticor Title Company Of Ca | |
| Tmt Resources Ltd Llc | -- | Ticor Title Company Of Ca | |
| Dephilips Pete | -- | None Available | |
| Dephilips Pete | -- | None Available |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $510,000 | ||
| Previous Owner | Nercessian Nazar | $469,700 | |
| Previous Owner | Tmt Resources Ltd Llc | $70,000 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 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 | View Prior Sale |
| 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
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 |
|---|---|---|---|---|
| 2026 | $9,557 | $928,200 | $601,800 | $326,400 |
| 2025 | $9,557 | $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
-
'Vic' Vartan Markarian
Seller's Agent in 2025
'Vic' Vartan Markarian
Markarian Realty
(818) 730-8668
114 Total Sales
-
Minerva Corral
Buyer's Agent in 2025
Minerva Corral
CORRAL INVESTMENTS & REALTY
(626) 974-8223
28 Total Sales
-
Steve McIntosh
SM
Seller's Agent in 2020
Steve McIntosh
MC INTOSH REALTY
(626) 966-7456
8 Total Sales
-
Martin Alvandi
MA
Buyer's Agent in 2020
Martin Alvandi
Prime 1 Estates, Inc
(818) 447-8628
24 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: GD25031861
APN: 8445-022-025
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.
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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