NOT LISTED FOR SALE

243 E Center St Covina, CA 91723

Estimated Value: $1,742,000 - $2,355,788

7 Beds
4 Baths
4,952 Sq Ft
$414/Sq Ft Est. Value

Last Sold December 07, 2012

Last sale price $937,650 $189 Per Sq Ft

Est. 118% increase in value since last sale

Current estimated payment $12,482/month

10 Days on Market

Highlights

  • Private Yard
  • No HOA
  • Central Air
  • South Hills High School Rated A-
  • Laundry Room
  • Heating Available

About This Home

As of December 2012

Pride of ownership. Newer 5 condo style units that are exceptionally beautiful in quiet neighborhood of Covina. Very recently exterior renovated and painted. 04 units has 2 large bedrooms & 1.75 bath each, central heat /air conditioning, separate indoor laundry hook-ups, private back patio.
One bedroom/1bath unit also has enclosed garage, laundry hook up, and very nice, relaxed private patio. Owner replaced 97% of all facial wood framming around the building few months ago.
Most units have newer tile and newly upgraded with laminated floor,newer appliances.
Good school district. Walking distance to everything: school, market,transportation, restaurants. Also driving distance to shopping mall, banks,
post office and 10 freeway.
Rents are low, great potential for upside. Property to be sold at as-is condition;
GREAT INVESTMENT!!!

Last Agent to Sell the Property

ROSANNA PHAM

TRANSPAC INVESTMENT CO. License #00966656 Listed on: 11/13/2012

Last Buyer's Agent

Yuhan Feng

IRN REALTY License #01866800

IRN REALTY

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $15,380

Year Built

  • Built in 1985

Lot Details

  • 10,290 Sq Ft Lot
  • Two or More Common Walls
  • Private Yard

Parking

  • 9 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 4,952 Sq Ft Home
  • Blinds
  • Gas Range
  • Laundry Room

Bedrooms and Bathrooms

  • 7 Bedrooms
  • All Upper Level Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Central Air
  • Heating Available
  • Private Water Source
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 16
  • Assessor Parcel Number 8445011022

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 5 Units

Building Details

  • 5 Leased Units
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $900
  • Insurance Expense $1,344
  • Trash Expense $1,121
  • Water Sewer Expense $1,900
  • Gross Income $6,500

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$15,380

Year Built

Built in 1985

Lot Details

0

Parking

9

Listing Details

  • Other Phone Description: 626-688-6677
  • Other Phone Number: 626-688-6677
  • Property Attached: Yes
  • Water Sewer Expenses: 1900.00
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 8445011022
  • Year Built: 1985
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Levels: Two
  • Price Per Square Foot: 189.35
  • Room Type: All Bedrooms Up
  • Window Features: Blinds

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 9.00
  • Total Parking Spaces: 18.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Laundry Features: Inside
  • Sewer: Sewer Paid
  • Trash Expense: 1121.00
  • Water Source: Private
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 10290.00
  • Lot Size Acres: 0.2360

Multi Family

  • Gross Income: 6500.00
  • Gross Scheduled Income: 78000.00
  • Insurance Expense: 1344.00
  • Lot Size Area: 10290.0000 Square Feet
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Number With Patio: 5
  • Number With Range: 5
  • Rent Control: No
  • Total Actual Rent: 6500.00

Tax Info

  • Tax Lot: 16
  • Tax Year: 2011

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 13, 2012
Closed on
Nov 27, 2012
Sold by
Nguyen Kim Anh T and The Kim Anh T Nguyen Revocable
Bought by
Prospect Quality Llc
Seller's Agent
ROSANNA PHAM
TRANSPAC INVESTMENT CO.
Buyer's Agent
Yuhan Feng
IRN REALTY
List Price
$828,000
Sold Price
$937,650
Premium/Discount to List
$109,650
13.24%
Current Estimated Value
$2,045,549

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,107,899
Avg. Annual Appreciation
6.35%

Purchase Details

Closed on
Sep 4, 2009
Sold by
Nguyen Kim Anh T and Nguyen Kim Anh
Bought by
Nguyen Kim Anh T and The Kim Anh T Nguyen Revocable

Purchase Details

Closed on
Jan 25, 2008
Sold by
Nguyen Kim Anh and Tran Hung T
Bought by
Nguyen Kim Anh

Purchase Details

Closed on
Dec 5, 2005
Sold by
Bach Le Duong Xuat and Bach Le Lily
Bought by
Nguyen Kim Anh and Tran Hung T

Purchase Details

Closed on
Feb 21, 2003
Sold by
Bach Le Duong Xuat and Bach Le Lily
Bought by
Bach Le Duong Xuat and Bach Le Lily

Purchase Details

Closed on
Oct 8, 2002
Sold by
Perryman Rodney L and Perryman Janice A
Bought by
Bach Le Duong Xuat and Bach Le Lily

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,000
Interest Rate
4.75%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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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
Prospect Quality Llc $938,000 Wfg Title Company
Nguyen Kim Anh T -- None Available
Nguyen Kim Anh $401,500 Southland Title
Nguyen Kim Anh $1,075,000 Fidelity National Title Comp
Bach Le Duong Xuat -- --
Bach Le Duong Xuat $540,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Prospect Quality Llc $865,000
Closed Prospect Quality Llc $890,000
Previous Owner Nguyen Kim Anh $240,000
Previous Owner Nguyen Kim Anh $290,000
Previous Owner Nguyen Kim Anh $400,000
Previous Owner Bach Le Duong Xuat $378,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/07/2012 12/07/12 Sold $937,650 +13.2% $189 / Sq Ft
11/23/2012 11/23/12 Pending -- -- --
11/13/2012 11/13/12 For Sale $828,000 -- $167 / 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 $15,380 $1,155,068 $615,709 $539,359
2024 $15,380 $1,132,421 $603,637 $528,784
2023 $15,172 $1,110,217 $591,801 $518,416
2022 $14,984 $1,088,449 $580,198 $508,251
2021 $14,763 $1,067,108 $568,822 $498,286
2019 $14,445 $1,035,458 $551,951 $483,507
2018 $13,847 $1,015,156 $541,129 $474,027
2016 $13,065 $975,738 $520,117 $455,621
2015 $12,702 $961,083 $512,305 $448,778
2014 $12,539 $942,258 $502,270 $439,988
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2012

    ROSANNA PHAM

    TRANSPAC INVESTMENT CO.

    Section Image
  • Yuhan Feng

    Buyer's Agent in 2012

    Yuhan Feng

    IRN REALTY

    (626) 233-6693

    6 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS12139843

California Regional Multiple Listing Service (CRMLS)

APN: 8445-011-022

California Los Angeles County Covina 91723

243 E Center St, Covina, CA

This home is located at 243 E Center St, Covina, CA 91723 since 13 November 2012 and is currently estimated at $2,048,894, approximately $413 per square foot. This property was built in 1985. 243 E Center St is a home located in Los Angeles County with nearby schools including Barranca Elementary School, South Hills High School, and Christ Lutheran School.

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.

California Regional Multiple Listing Service (CRMLS) 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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