NOT LISTED FOR SALE

235 E Puente St Covina, CA 91723

Estimated Value: $1,152,000 - $1,482,000

6 Beds
4 Baths
2,847 Sq Ft
$466/Sq Ft Est. Value

Last Sold April 30, 2015

Last sale price $758,000 $266 Per Sq Ft

Est. 75% increase in value since last sale

Current estimated payment $8,387/month

72 Days on Market

About This Home

As of April 2015

Situated on a tree-lined residential street in downtown Covina this property features three unique apartments and a detached two bedroom house. All units have laundry hook-ups and enclosed garage and within close proximity to stores, schools, Metro, police, and fire station. There are two spacious one bedroom dwellings and a house-like two bedroom apartment with cathedral ceilings, fireplace, large master bedroom, and French door side entry leading to a small patio with space for barbeque. An enclosed garden with lawn and roses provides residents with a private, tranquil environment. Very desirable location and opportunity. All units have separate water, gas, and electric meters. 5-garage spaces plus additional space.

Last Agent to Sell the Property

The Mark and Al Team

CENTURY 21 MASTERS License #00914322 Listed on: 01/20/2015

CENTURY 21 MASTERS

Last Buyer's Agent

Stacy Myers

RE/MAX CHAMPIONS License #01433071

RE/MAX CHAMPIONS

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,450

Year Built

  • Built in 1925

Lot Details

  • 9,276 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 5 Car Garage

Home Design

  • 2,847 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 31
  • Tax Tract Number 4692
  • Assessor Parcel Number 8445018020

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $10
  • Gardener Expense $780
  • Insurance Expense $1,275
  • Maintenance Expense $874
  • Supplies Expense $936
  • Trash Expense $786
  • Water Sewer Expense $808
  • New Taxes Expense $4,788
  • Gross Income $3,980
  • Net Operating Income $37,480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,450

Year Built

Built in 1925

Lot Details

0

Parking

5

Listing Details

  • Property Attached: No
  • Supplies Expense: 936.00
  • Water Sewer Expenses: 808.00
  • Property Type: Residential Income
  • Gardener Expense: 780.00
  • Parcel Number: 8445018020
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 266.25

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 5.00
  • Total Parking Spaces: 5.00

Utilities

  • Sewer: Unknown
  • Trash Expense: 786.00

Condo/Co-op/Association

  • Community Features: Sidewalks, Street Lights

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 9276.00
  • Lot Size Acres: 0.2130

Multi Family

  • Electric Expense: 10.00
  • Gross Income: 3980.00
  • Gross Scheduled Income: 47760.00
  • Insurance Expense: 1275.00
  • Lot Size Area: 9276.0000 Square Feet
  • Maintenance Expense: 874.00
  • Net Operating Income: 37480.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4
  • Operating Expense: 10280.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 4788.00
  • Tax Lot: 31
  • Tax Tract Number: 4692

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 19, 2019
Sold by
Green Larry Dean and Green Annette Marie
Bought by
Green Larry Dean and Green Annette Marie
Current Estimated Value
$1,326,924

Purchase Details

Closed on
Apr 5, 2019
Sold by
Waters Alice E
Bought by
The Alice E Waters Living Trust

Purchase Details

Closed on
Aug 25, 2016
Sold by
Ferbush Mark S and Forbush Carol Ann
Bought by
Waters Alice E and Greene Larry

Purchase Details

Listed on
Jan 20, 2015
Closed on
Apr 6, 2015
Sold by
Droscher Barbara Wechsler and Exempt Trust #1
Bought by
The Lucienne T Forbush Revocable Living
Seller's Agent
The Mark and Al Team
CENTURY 21 MASTERS
Buyer's Agent
Stacy Myers
RE/MAX CHAMPIONS
List Price
$899,900
Sold Price
$758,000
Premium/Discount to List
-$141,900
-15.77%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.35%
Original Mortgage
$259,100
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2012
Sold by
Wechsler Cathryn J
Bought by
Wechsler Cathryn J and Cathryn J Wechsler Trust

Purchase Details

Closed on
Nov 30, 2011
Sold by
Droscher Barbara Wechsler and Droscher Barbara E
Bought by
Droscher Barbara E and Barbara E Droscher Trust

Purchase Details

Closed on
Jul 24, 2006
Sold by
Droscher Barbara Wechsler and Wechsler Cathryn J
Bought by
Droscher Barbara Wechsler and Exempt Trust #1
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Green Larry Dean -- None Available
The Alice E Waters Living Trust -- None Available
Waters Alice E -- None Available
The Lucienne T Forbush Revocable Living $758,000 Chicago Title Company
Wechsler Cathryn J -- None Available
Droscher Barbara E -- None Available
Droscher Barbara Wechsler -- Accommodation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner The Lucienne T Forbush Revocable Living $259,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/30/2015 04/30/15 Sold $758,000 -15.8% $266 / Sq Ft
04/02/2015 04/02/15 Pending -- -- --
01/20/2015 01/20/15 For Sale $899,900 -- $316 / 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
2024 $12,450 $946,668 $719,105 $227,563
2023 $12,276 $928,106 $705,005 $223,101
2022 $12,120 $909,909 $691,182 $218,727
2021 $11,946 $892,069 $677,630 $214,439
2020 $11,792 $882,923 $670,682 $212,241
2019 $11,682 $865,612 $657,532 $208,080
2018 $11,170 $848,640 $644,640 $204,000
2016 $10,045 $769,559 $566,509 $203,050
2015 $4,890 $329,369 $127,322 $202,047
2014 $4,843 $322,918 $124,828 $198,090
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV15013225

California Regional Multiple Listing Service (CRMLS)

APN: 8445-018-020