NOT LISTED FOR SALE

Estimated Value: $674,000 - $762,000

8 Beds
4 Baths
2,318 Sq Ft
$312/Sq Ft Est. Value

Sale Details

Date Sold: August 11, 2020

Last sale price $505,000 $218 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $4,588 / mo

55 Days on Market

Highlights

  • No HOA
  • 2 Car Direct Access Garage
  • Living Room
  • Neighborhood Views
  • Bathtub
  • Recessed Lighting

About This Home

As of August 2020

HUGE PRICE REDUCTION!!! Great Opportunity! This Single Family Home sits on an R2 Zoned lot, conversion to a duplex has been 90% complete. City has already approved plans for the conversion (Buyers to verify all information). Tax records show 6 beds 2 baths but there are actually 8 beds and 4 baths. Unit -1 has 4bedrooms/2baths downstairs, Unit-2 has 4bedrooms/2baths upstairs. Bottom 4/2 unit has garage with washer/dryer Hookups and Upstairs 4/2 unit has separate off street parking. This property has tons of UPSIDE potential as an investment or for anyone looking to call this place home and rent second Unit. Currently renting for $4,500 per month. Seller has already done due diligence to introduce plans and verified that Zoning is doable. Structurally, the property is prepped for Duplex. Seller has Schematics, Sq Ft Approval, and Planner Contractor to finalize. Seller willing to forfeit Planners information and contractor agreement with an accepted offer. Seller advises NO issues, NO citations, No red flags from city. Instant Increase in Equity and Cash-Flow upon duplex conversion!!! With this much upside potential, this property will be a major benefit to anyone's portfolio, or a great first step for the next homeowner. Property was renovated in late 2016 with tank-less water heater, upgraded plumbing, and upgraded bathrooms. MOTIVATED SELLER!!!! DON'T MISS THIS ONE!!!

Last Agent to Sell the Property

Fernando Reza

KELLER WILLIAMS COVINA License #01451616 Listed on: 05/11/2020

KELLER WILLIAMS COVINA

Last Buyer's Agent

Cindy Avila

Nationwide Real Estate Execs License #01946861

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Details

Home Type

  • Single Family

Year Built

  • Built in 1989

Lot Details

  • 3,122 Sq Ft Lot
  • Property fronts an alley
  • Wrought Iron Fence
  • Fence is in fair condition
  • Level Lot
  • Property is zoned LCR2*

Parking

  • 2 Car Direct Access Garage
  • 4 Open Parking Spaces
  • Parking Available
  • Rear-Facing Garage
  • Driveway Level

Home Design

  • Slab Foundation
  • Composition Roof

Interior Spaces

  • 2,318 Sq Ft Home
  • Recessed Lighting
  • Living Room
  • Vinyl Flooring
  • Neighborhood Views
  • Window Bars
  • Formica Countertops

Bedrooms and Bathrooms

  • 8 Bedrooms | 3 Main Level Bedrooms
  • Upgraded Bathroom
  • 4 Full Bathrooms
  • Granite Bathroom Countertops
  • Bathtub
  • Walk-in Shower

Laundry

  • Laundry in Garage
  • Washer Hookup

Location

  • Suburban Location

Utilities

  • Wall Furnace
  • Tankless Water Heater

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 276
  • Tax Tract Number 1
  • Assessor Parcel Number 6067019050

Home Details

Home Type

Single Family

Year Built

Built in 1989

Lot Details

3,122 Sq Ft Lot

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Paved
  • Security: Window Bars
  • View: Yes
  • Zoning: LCR2*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 6067019050
  • Year Built: 1989
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 2318.00 Square Feet
  • Interior Amenities: Formica Counters, Recessed Lighting, Unfurnished
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 4
  • Total Bedrooms: 8
  • Levels: Two
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 217.86
  • Room Type: Living Room
  • Bathroom Features: Bathtub, Shower, Granite Counters, Upgraded

Exterior Features

  • Foundation: Slab
  • View: Neighborhood
  • Fence: Yes
  • Fencing: Fair Condition, Wrought Iron
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Concrete, Driveway Level, Garage Faces Rear, On Site
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Tankless Water Heater
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage, Inside, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Level
  • Lot Size Sq Ft: 3122.00
  • Lot Size Acres: 0.0717

Multi Family

  • Lease Considered: No
  • Lot Size Area: 3122.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 5404.00
  • Tax Lot: 276
  • Tax Tract Number: 1

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
May 11, 2020
Closed on
Jul 7, 2020
Sold by
Bought by
Seller's Agent
Fernando Reza
KELLER WILLIAMS COVINA
Buyer's Agent
Cindy Avila
Nationwide Real Estate Execs
List Price
$530,000
Sold Price
$505,000
Premium/Discount to List
-$25,000
-4.72%
Current Estimated Value
$723,007

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$218,007
Avg. Annual Appreciation
6.14%
Original Mortgage
$479,750
Outstanding Balance
$412,410
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$310,597

Purchase Details

Closed on
Apr 28, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,153
Interest Rate
4.37%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 24, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 7, 2014
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$168,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 7, 2014
Closed on
Jul 23, 2014
Sold by
Bought by
Seller's Agent
Eddie Kohan
Kohan & Associates Real Estate
Buyer's Agent
TOM LEO CHAVEZ
List Price
$249,000
Sold Price
$230,000
Premium/Discount to List
-$19,000
-7.63%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.97%

Purchase Details

Listed on
Oct 25, 2012
Closed on
Feb 12, 2013
Sold by
Bought by
Seller's Agent
Mark Shandrow
Shandrow Group
Buyer's Agent
Adam Shandrow
Shandrow Group
List Price
$174,900
Sold Price
$158,000
Premium/Discount to List
-$16,900
-9.66%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
29.33%

Purchase Details

Listed on
Oct 25, 2012
Closed on
Jan 30, 2013
Sold by
Bought by
Seller's Agent
Mark Shandrow
Shandrow Group
Buyer's Agent
Adam Shandrow
Shandrow Group
List Price
$174,900
Sold Price
$158,000
Premium/Discount to List
-$16,900
-9.66%

Purchase Details

Closed on
Oct 24, 2011
Sold by
Bought by

Purchase Details

Closed on
Nov 9, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
4.23%
Mortgage Type
Unknown

Purchase Details

Closed on
Aug 16, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$395,000
Interest Rate
4.45%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
May 20, 2005
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
7%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 2, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$88,200
Interest Rate
8.28%

Purchase Details

Closed on
May 9, 1995
Sold by
Bought by
Source: Public Records

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Watts, CA

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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
$505,000 Fidelity National Title
$378,000 Fidelity Sherman Oaks
-- Wfg Title Company
$210,000 Wfg Title Co
$230,000 Title 365
-- Lsi Title Company
$158,000 Lsi Title Company Ca
$123,250 Accommodation
-- None Available
-- None Available
$375,000 United Independent Title
-- American Title Co
-- --
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 $479,750
Previous Owner $371,153
Previous Owner $168,000
Previous Owner $140,000
Previous Owner $395,000
Previous Owner $420,750
Previous Owner $300,000
Previous Owner $88,200
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
08/11/2020 08/11/20 Sold $505,000 +1.0% $218 / Sq Ft
07/05/2020 07/05/20 Pending -- -- --
06/24/2020 06/24/20 Price Changed $499,990 -3.8% $216 / Sq Ft
06/13/2020 06/13/20 Price Changed $519,999 -1.9% $224 / Sq Ft
05/11/2020 05/11/20 For Sale $530,000 +130.4% $229 / Sq Ft
08/01/2014 08/01/14 Sold $230,000 -3.8% $99 / Sq Ft View Prior Sale
07/28/2014 07/28/14 Pending -- -- --
04/24/2014 04/24/14 Price Changed $239,000 -4.0% $103 / Sq Ft
04/07/2014 04/07/14 For Sale $249,000 +57.6% $107 / Sq Ft
02/14/2013 02/14/13 Sold $158,000 -4.2% $68 / Sq Ft View Prior Sale
01/25/2013 01/25/13 Pending -- -- --
01/03/2013 01/03/13 Price Changed $164,900 -5.7% $71 / Sq Ft
10/25/2012 10/25/12 For Sale $174,900 -- $75 / 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
2025 $7,368 $546,626 $301,456 $245,170
2024 $7,094 $535,909 $295,546 $240,363
2023 $6,972 $525,401 $289,751 $235,650
2022 $6,642 $515,100 $284,070 $231,030
2021 $6,558 $505,000 $278,500 $226,500
2020 $5,522 $401,135 $184,119 $217,016
2019 $5,314 $393,270 $180,509 $212,761
2018 $5,231 $385,560 $176,970 $208,590
2016 $3,531 $245,690 $171,577 $74,113
2015 $3,478 $242,000 $169,000 $73,000
2014 -- $158,716 $110,499 $48,217
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20087040

California Regional Multiple Listing Service (CRMLS)

APN: 6067-019-050

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