NOT LISTED FOR SALE

247 E Italia St Covina, CA 91723

Estimated Value: $355,000 - $820,000

0.16 Acres
$2,992,047 Price per Acre
7,021 Sq Ft Lot

Sale Details

Date Sold: October 6, 2023

Last sale price $335,000 $378 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $2,922 / mo

33 Days on Market

Highlights

  • No HOA
  • Neighborhood Views
  • Rectangular Lot
  • South Hills High School Rated A-
  • Park
  • 4-minute walk to Heritage Plaza Park

About This Lot

As of October 2023

Opportunity knocks in Covina! Available for the first time is this premium vacant lot, strategically zoned for residential use. This land parcel offers an unparalleled chance to build your dream home or invest in a thriving community. Ideally located near Historic Downtown Covina, future residents will enjoy easy access to local amenities, vibrant eateries, unique shops, and engaging cultural events. The plot promises endless potential to create a personalized space in a burgeoning neighborhood. Don't miss out on this unique opportunity to own a slice of Covina's prime real estate. Act now and let your imagination take flight!

***town records show it as a single family residence but home was demolished years ago and it is now vacant land***

Last Agent to Sell the Property

Mandi White

KELLER WILLIAMS COVINA License #02121443 Listed on: 07/20/2023

KELLER WILLIAMS COVINA

Co-Listed By

Caroline Witham

Keller Williams Legacy License #01954074

Last Buyer's Agent

Mandi White

KELLER WILLIAMS COVINA License #02121443 Listed on: 07/20/2023

KELLER WILLIAMS COVINA

Property Details

Property Type

  • Land

Lot Details

  • 7,021 Sq Ft Lot
  • Rectangular Lot
  • Property is zoned CVTC-P*

Utilities

  • No Utilities
  • Water Not Available

Additional Features

  • Neighborhood Views
  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 32 / 4
  • Tax Tract Number 1
  • Assessor Parcel Number 8430029028
  • $486 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Property Details

Property Type

Land

Lot Details

7,021 Sq Ft Lot

Listing Details

  • View: Yes
  • Zoning: CVTC-P*
  • Property Type: Land
  • Parcel Number: 8430029028
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 47.71

Exterior Features

  • View: Neighborhood

Utilities

  • Utilities: None
  • Water Source: None

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Park, Sidewalks, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 7021.00
  • Lot Size Acres: 0.1612

Multi Family

  • Lot Size Area: 7021.0000 Square Feet

Tax Info

  • Tax Block: 4
  • Tax Census Tract: 4061.01
  • Tax Lot: 32
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 486.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 20, 2023
Closed on
Oct 2, 2023
Sold by
First Baptist Church Of Covina
Bought by
Korai Investment Group Llc
Seller's Agent
Mandi White
KELLER WILLIAMS COVINA
Buyer's Agent
Mandi White
KELLER WILLIAMS COVINA
List Price
$365,000
Sold Price
$335,000
Premium/Discount to List
-$30,000
-8.22%
Views
105
Current Estimated Value
$482,318

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$147,318
Avg. Annual Appreciation
15.17%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Korai Investment Group Llc $335,000 Wfg National Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/06/2023 10/06/23 Sold $335,000 0.0% $378 / Sq Ft
08/17/2023 08/17/23 Price Changed $335,000 -8.2% $378 / Sq Ft
07/20/2023 07/20/23 For Sale $365,000 -- $412 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,162 $341,700 $341,700 --
2024 $4,162 $335,000 $335,000 --
2023 $1,489 $85,317 $51,197 $34,120
2022 $1,467 $83,645 $50,194 $33,451
2021 $1,441 $82,006 $49,210 $32,796
2019 $1,412 $79,575 $47,751 $31,824
2018 $1,370 $78,015 $46,815 $31,200
2016 $1,298 $74,989 $44,999 $29,990
2015 $1,267 $73,864 $44,324 $29,540
2014 $1,260 $72,418 $43,456 $28,962
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV23133556

California Regional Multiple Listing Service (CRMLS)

APN: 8430-029-028

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