NOT LISTED FOR SALE

2445 E Rio Verde Dr West Covina, CA 91791

South Hills Neighborhood

Estimated Value: $735,000

0.8 Acre
$913,611 Price per Acre
35,044 Sq Ft Lot

Last Sold August 03, 2017

Last sale price $475,000

Est. 55% increase in value since last sale

Current estimated payment $4,405/month

94 Days on Market

Highlights

  • 35,044 Sq Ft lot
  • Mountain View
  • No HOA
  • Mesa Elementary School Rated A-
  • Property is near a park
  • Cul-De-Sac

About This Lot

As of August 2017

Large 35,000+ sf vacant residential Lot. Priced Reduced to Sell! Location, Location, Location! South Hills Area of West Covina. City Approved 2 Lot subdivision in 2005 to build two homes. Recent Preliminary Review by City Planning & Engineering reaffirmed a 2 Lot subdivision. Currently one large
R-1 zoned lot the City of West Covina has preliminary to allow subdivision into two lots to build two homes. Per City formal subdivision approval can be done concurrently with building approval. Located adjacent to Cortez Park with Sports complex and near Senior Citizen Center. Equestrian Center located nearby on Citrus Ave. Potential Use: 2 Residential SFR Homes.

Last Agent to Sell the Property

MANUEL PEREZ

REALTY EXECUTIVES ELITE TEAM License #00846098 Listed on: 04/11/2017

REALTY EXECUTIVES ELITE TEAM

Last Buyer's Agent

ELAINE HUA

EASTVALE CAPITAL INVESTMENT License #01257873

Property Details

Property Type

  • Land

Lot Details

  • 0.8 Acre Lot
  • Cul-De-Sac
  • Property is zoned WCR1

Property Views

  • Mountain
  • Park or Greenbelt
  • Neighborhood

Location

  • Property is near a park
  • Suburban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 8479022013

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Current Use Comments: Large Vacant SFR Lot
  • Possible Use Comments: Large SFR Lot, subdivide into 2 Lots and build 2 SFR.
  • View: Yes
  • Zoning: WCR1
  • Property Type: Land
  • Parcel Number: 8479022013
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 13.55

Exterior Features

  • View: Mountain(s), Neighborhood, Park/Greenbelt

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Curbs, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Cul-De-Sac, Park Nearby
  • Lot Size Sq Ft: 35044.00

Tax Info

  • Tax Census Tract: 4064.12

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 11, 2017
Closed on
Jul 19, 2017
Sold by
Perez Nelva N
Bought by
Pan Songlin
Seller's Agent
MANUEL PEREZ
REALTY EXECUTIVES ELITE TEAM
Buyer's Agent
ELAINE HUA
EASTVALE CAPITAL INVESTMENT
List Price
$499,950
Sold Price
$475,000
Premium/Discount to List
-$24,950
-4.99%
Current Estimated Value
$735,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$260,000

Purchase Details

Closed on
Jul 12, 2011
Sold by
Perez Manuel E
Bought by
Perez Manuel E and Perez Nelva N

Purchase Details

Closed on
Jul 7, 2008
Sold by
Fairchild Anthony K
Bought by
Perez Manuel E

Purchase Details

Closed on
May 15, 2006
Sold by
Ortiz Rene
Bought by
Paredes John and Paredes Kim

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.55%
Mortgage Type
Commercial

Purchase Details

Closed on
May 4, 2006
Sold by
Ortiz Rene
Bought by
Fairchild Anthony K and Fairchild Monica

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$440,000
Interest Rate
6.55%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 20, 2005
Sold by
Ortiz Rene
Bought by
Ortiz Rene

Purchase Details

Closed on
Jul 20, 2005
Sold by
Ortiz Abigail
Bought by
Ortiz Rene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$742,000
Interest Rate
5.51%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 25, 2003
Sold by
Lovelady June G
Bought by
Ortiz Rene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.62%
Mortgage Type
Balloon
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pan Songlin $475,000 Fidelity National Title Co
Perez Manuel E -- None Available
Perez Manuel E $88,771 None Available
Paredes John -- None Available
Fairchild Anthony K $630,000 First American Title
Ortiz Rene -- --
Ortiz Rene -- First American Title Company
Ortiz Rene $180,000 Fidelity National Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fairchild Anthony K $440,000
Previous Owner Ortiz Rene $742,000
Previous Owner Ortiz Rene $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/03/2017 08/03/17 Sold $475,000 -5.0% --
07/14/2017 07/14/17 Pending -- -- --
04/11/2017 04/11/17 For Sale $499,950 -- --
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
2023 $6,469 $519,480 $519,480 $0
2022 $6,028 $509,295 $509,295 $0
2021 $5,946 $499,309 $499,309 $0
2019 $5,804 $484,500 $484,500 $0
2018 $5,606 $475,000 $475,000 $0
2016 $6,458 $554,789 $554,789 $0
2015 $6,265 $546,456 $546,456 $0
2014 $6,179 $535,752 $535,752 $0
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2017

    MANUEL PEREZ

    Realty Executives

    Section Image

  • E

    Buyer's Agent in 2017

    ELAINE HUA

    EASTVALE CAPITAL INVESTMENT

    (626) 274-1958

    2 Total Sales

    ELAINE HUA
    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV17079156

California Regional Multiple Listing Service (CRMLS)

APN: 8479-022-013

California Los Angeles County West Covina 91791 South Hills

2445 E Rio Verde Dr, West Covina, CA

Not Listed for Sale

Lots

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

Nearby Homes