2616 Palomino Dr Covina, CA 91724
Ramona NeighborhoodEstimated Value: $1,685,745 - $1,976,000
5
Beds
5
Baths
3,383
Sq Ft
$546/Sq Ft
Est. Value
About This Home
This home is located at 2616 Palomino Dr, Covina, CA 91724 and is currently estimated at $1,846,686, approximately $545 per square foot. 2616 Palomino Dr is a home located in Los Angeles County with nearby schools including Mesa Elementary School, South Hills High School, and Christ Lutheran School.
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Dec 27, 2021
Sold by
Eduardo Araiza
Bought by
Araiza Family Trust
Current Estimated Value
Purchase Details
Closed on
May 26, 2005
Sold by
Chen Chien Hsing and Chen Michelle Hsueh Miao
Bought by
Araiza Eduardo
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$910,400
Interest Rate
6.25%
Mortgage Type
Stand Alone First
Purchase Details
Closed on
Jul 25, 1994
Sold by
Kaufman & Broad Coastal Valleys Inc
Bought by
Chen Chien Hsing
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$201,950
Interest Rate
8.65%
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Araiza Family Trust | -- | None Listed On Document | |
| Araiza Eduardo | $1,138,000 | -- | |
| Chen Chien Hsing | $380,000 | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Araiza Eduardo | $910,400 | |
| Previous Owner | Chen Chien Hsing | $201,950 |
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 | $18,629 | $1,555,159 | $683,285 | $871,874 |
| 2024 | $18,629 | $1,524,667 | $669,888 | $854,779 |
| 2023 | $18,309 | $1,494,772 | $656,753 | $838,019 |
| 2022 | $18,014 | $1,465,464 | $643,876 | $821,588 |
| 2021 | $16,634 | $1,342,300 | $591,100 | $751,200 |
| 2019 | $15,419 | $1,233,000 | $543,000 | $690,000 |
| 2018 | $15,059 | $1,233,000 | $543,000 | $690,000 |
| 2016 | $15,204 | $1,266,000 | $557,000 | $709,000 |
| 2015 | $13,833 | $1,165,000 | $512,500 | $652,500 |
| 2014 | $12,121 | $1,007,000 | $443,000 | $564,000 |
Source: Public Records
Map
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