NOT LISTED FOR SALE

316 E College St Covina, CA 91723

Estimated Value: $863,000 - $1,057,000

5 Beds
2 Baths
2,075 Sq Ft
$461/Sq Ft Est. Value

Last Sold September 19, 2014

Last sale price $584,000 $281 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $5,742/month

1 Day on Market

Highlights

  • Double Pane Windows
  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • South Hills High School Rated A-
  • Laundry Room
  • Rectangular Lot

About This Home

As of September 2014

2 on a large LOT! The nicest 2 unit complex in the City Of Covina. Zoned RD3000 (per city of covina: you can build dwellingss up to 3000 sq ft. Large, clean, well kept and centrally located! This beauty will pass your mom's white glove test! Located Just steps away from Downtown Covina and all its amenities, on the calm and established College St. Property features a detached front unit with aprox 1500sf, 3 spacious bedrooms with closets and windows, CLEAN ROOF, new A/C, new COmpressor, freshly painted inside and out, living and formal dining rooms, dual pane windows through out the house, window screens, rencetly refinished white oak hardwood floors, 2 CAR GARAGE, large driveway,new electrical panel, up to code water heaters, wall safe, cedar closet, large front yard, large back yard, lemon tree, tomato plants, manicured landscape, spacious kitchen with nice cabinetry, counter tops, walk in pantry, eating area, outside patio/porch, laundry room, and more! The BACK detached unit (aprox 600sf) features 2b/1b, kitchen, small living, porch, its own yard, a storage shed, a small utility room, nice bathroom, functional closet, etc! Both units sit on a raise foundation and almost 10,000sqft lot!. Information deemed Reliable but not Guaranteed.

Last Agent to Sell the Property

Enrique Vasquez-Plaza

Century 21 Masters License #01868555 Listed on: 08/14/2014

Century 21 Masters

Last Buyer's Agent

Kristan Stacey-Graf

The Imagination Brokerage License #01873271

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1932

Lot Details

  • 9,880 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot

Parking

  • 2 Car Garage
  • Parking Available
  • Unassigned Parking

Interior Spaces

  • 2,075 Sq Ft Home
  • Double Pane Windows
  • Gas Range

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Dryer
  • Washer

Utilities

  • Cooling System Mounted To A Wall/Window
  • Central Heating and Cooling System
  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 15
  • Tax Tract Number 8350
  • Assessor Parcel Number 8445007017

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Trash Expense $1
  • Water Sewer Expense $1,200
  • New Taxes Expense $1,222
  • Gross Income $3,600
  • Net Operating Income $39,778

Property Details

Home Type

Multi-Family

Year Built

Built in 1932

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: All appliances on both units
  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 8445007017
  • Year Built: 1932
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: No Common Walls
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 281.45
  • Window Features: Double Pane Windows

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Central
  • Laundry Features: Common Area, Dryer Included, Gas & Electric Dryer Hookup, Inside, Individual Room, Washer Hookup, Washer Included
  • Sewer: Unknown
  • Trash Expense: 1.00
  • Cooling: Central Air, Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Features: Rectangular Lot, Lot 6500-9999
  • Lot Size Sq Ft: 9880.00
  • Lot Size Acres: 0.2270

Multi Family

  • Average2 Bed Area: 600
  • Average3 Bed Area: 1500
  • Gross Income: 3600.00
  • Gross Scheduled Income: 43200.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 9880.0000 Square Feet
  • Net Operating Income: 39778.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Dishwasher: 1
  • Number With Patio: 2
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 3422.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 1222.00
  • Tax Lot: 15
  • Tax Tract Number: 8350
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 14, 2023
Sold by
Hernandez Vivian
Bought by
Vivian V Hernandez Revocable Trust and Hernandez
Current Estimated Value
$956,541

Purchase Details

Listed on
Aug 14, 2014
Closed on
Aug 15, 2014
Sold by
Brown Patricia A and Phillips Linda S
Bought by
Hernander Vivian and Bueno Walter
Seller's Agent
Enrique Vasquez-Plaza
Century 21 Masters
Buyer's Agent
Kristan Stacey-Graf
The Imagination Brokerage
List Price
$584,000
Sold Price
$584,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.47%
Original Mortgage
$350,000
Interest Rate
4.1%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 26, 2013
Sold by
Brown Patricia A
Bought by
Brown Patricia A and Phillips Linda S

Purchase Details

Closed on
Jul 23, 2013
Sold by
Brown Dora Juanita
Bought by
Brown Patricia A
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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
Vivian V Hernandez Revocable Trust -- None Listed On Document
Hernander Vivian $584,000 Pacific Coast Title Company
Brown Patricia A -- None Available
Brown Patricia A -- None Available
Brown Dora Juanita -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernander Vivian $350,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/19/2014 09/19/14 Sold $584,000 0.0% $281 / Sq Ft
08/15/2014 08/15/14 Pending -- -- --
08/14/2014 08/14/14 For Sale $584,000 -- $281 / 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 $8,754 $701,871 $480,737 $221,134
2024 $8,754 $688,110 $471,311 $216,799
2023 $8,628 $674,619 $462,070 $212,549
2022 $8,515 $661,392 $453,010 $208,382
2021 $8,390 $648,425 $444,128 $204,297
2020 $8,278 $641,778 $439,575 $202,203
2019 $8,199 $629,195 $430,956 $198,239
2018 $7,795 $616,858 $422,506 $194,352
2016 $7,376 $592,906 $406,100 $186,806
2015 $7,162 $584,000 $400,000 $184,000
2014 $1,271 $64,234 $28,177 $36,057
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV14175370

California Regional Multiple Listing Service (CRMLS)

APN: 8445-007-017