NOT LISTED FOR SALE

344 E Navilla Place Covina, CA 91723

Estimated Value: $1,162,927 - $1,339,000

8 Beds
4 Baths
2,944 Sq Ft
$421/Sq Ft Est. Value

Last Sold October 18, 2013

Last sale price $573,000 $195 Per Sq Ft

Est. 116% increase in value since last sale

Current estimated payment $7,528/month

Highlights

  • Corner Lot
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • South Hills High School Rated A-

About This Home

As of October 2013

Four 2BR units in popular rental area of Covina. New roof. Separate meters for elect and gas. Each unit with its own laundry hookups.

Drive by only. Do not disturb tenants.

Last Agent to Sell the Property

MARK ANDERSEN

TEAM ANDERSEN, INC. License #00459689 Listed on: 08/31/2013

Last Buyer's Agent

MARK ANDERSEN

TEAM ANDERSEN, INC. License #00459689 Listed on: 08/31/2013

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,421

Year Built

  • Built in 1956

Lot Details

  • 7,645 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Home Design

  • 2,944 Sq Ft Home
  • Property Attached
  • Composition Roof

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Parking

  • 6 Parking Spaces
  • 4 Carport Spaces

Utilities

  • Cooling System Mounted To A Wall/Window

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 33
  • Tax Tract Number 21655
  • Assessor Parcel Number 8445026021

Community Details

Overview

  • No Home Owners Association
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • Electric Expense $360
  • Gardener Expense $960
  • Insurance Expense $1,054
  • Trash Expense $1,350
  • Water Sewer Expense $1,350
  • New Taxes Expense $7,800
  • Gross Income $3,935
  • Net Operating Income $32,929

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,421

Year Built

Built in 1956

Lot Details

0

Listing Details

  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 1350.00
  • Property Type: Residential Income
  • Gardener Expense: 960.00
  • Parcel Number: 8445026021
  • Year Built: 1956
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 194.63

Exterior Features

  • Pool Private: No
  • Roof: Composition
  • Spa: No

Garage/Parking

  • Carport Spaces: 4.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 1350.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 7645.00
  • Lot Size Acres: 0.1760

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Electric Expense: 360.00
  • Gross Income: 3935.00
  • Gross Scheduled Income: 47220.00
  • Insurance Expense: 1054.00
  • Lot Size Area: 7645.0000 Square Feet
  • Net Operating Income: 32929.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number Wall A C: 4
  • Number With Disposal: 4
  • Number With Range: 4
  • Operating Expense: 12874.00
  • Rent Control: No
  • Total Actual Rent: 3935.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 7800.00
  • Tax Lot: 33
  • Tax Tract Number: 21655
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 11, 2021
Sold by
Huntley Properties Llc
Bought by
Chiao Ching and Chiao Sandy
Current Estimated Value
$1,239,982

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$643,487
Outstanding Balance
$576,938
Interest Rate
2.71%
Mortgage Type
New Conventional
Estimated Equity
$610,823

Purchase Details

Closed on
Jul 10, 2015
Sold by
Chiao Ching
Bought by
Huntley Properties Llc

Purchase Details

Listed on
Aug 31, 2013
Closed on
Sep 4, 2013
Sold by
Brochtrup Vernon D
Bought by
Chiao Ching and Chiao Sandy
Seller's Agent
MARK ANDERSEN
TEAM ANDERSEN, INC.
Buyer's Agent
MARK ANDERSEN
TEAM ANDERSEN, INC.
List Price
$625,000
Sold Price
$573,000
Premium/Discount to List
-$52,000
-8.32%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.33%
Original Mortgage
$421,875
Interest Rate
4.55%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 2, 2005
Sold by
Brocktrup Vernon D and Underberger Carol R
Bought by
Brochtrup Vernon D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.72%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 13, 2004
Sold by
Gilman Mary
Bought by
The Mary Gilman 2004 Revocable Living Tr

Purchase Details

Closed on
Jul 22, 2002
Sold by
Ciotti Joseph R
Bought by
Gilman Mary
Source: Public Records

Range of Values:

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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
Chiao Ching -- Mortgage Connect Lp
Huntley Properties Llc -- None Available
Chiao Ching $573,000 North American Title Company
Brochtrup Vernon D -- North American Title Company
Brochtrup Vernon D -- --
Brochtrup Vernon D -- United Title Company-La
The Mary Gilman 2004 Revocable Living Tr -- --
Gilman Mary -- --
Brocktrup Vernon D -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Desilva Samantha Christine $350,000
Open Chiao Ching $643,487
Previous Owner Chiao Ching $421,875
Previous Owner Brochtrup Vernon D $148,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/18/2013 10/18/13 Sold $573,000 -8.3% $195 / Sq Ft
08/13/2013 08/13/13 For Sale $625,000 -- $212 / Sq Ft
07/26/2013 07/26/13 Pending -- -- --
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 $9,421 $702,411 $367,754 $334,657
2024 $9,421 $688,640 $360,544 $328,096
2023 $9,292 $675,138 $353,475 $321,663
2022 $9,174 $661,901 $346,545 $315,356
2021 $9,039 $648,923 $339,750 $309,173
2020 $8,926 $642,470 $336,267 $306,203
2019 $9,198 $629,877 $329,674 $300,203
2018 $8,793 $617,531 $323,210 $294,321
2016 $8,289 $593,360 $310,660 $282,700
2015 $8,063 $584,448 $305,994 $278,454
2014 $7,967 $573,000 $300,000 $273,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV13163965

California Regional Multiple Listing Service (CRMLS)

APN: 8445-026-021