NOT LISTED FOR SALE

345 E Badillo St Covina, CA 91723

Estimated Value: $876,000 - $1,246,000

4 Beds
4 Baths
2,194 Sq Ft
$505/Sq Ft Est. Value

Last Sold February 26, 2018

Last sale price $765,000 $349 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $6,700/month

6 Days on Market

Highlights

  • Laundry Room
  • South Hills High School Rated A-
  • Parking Storage or Cabinetry

About This Home

As of February 2018

A Valued Opportunity & Super Investment awaits offering 4 units front Duplex is 1 bedroom plus a den can be use as extra bedroom and one bathroom. and second unit 1 bedroom and 1 bathroom.
Back Duplex is 1 bedroom plus a den can be use as extra bedroom and 1 bathroom. and second unit 1 bedroom and 1 bathroom. tremendous rent potential in Covina most central neighborhoods,Exceptional curb appel close to down town Covina. all the best of what Covina has to offer This could be the perfect for the first time buyers or Investments. Washer and dryer room. There are separate gas and Electric meters. Seller Motivated. You don’t want to miss this opportunity

Last Agent to Sell the Property

Walter Leyva

W & B Realty License #01096166 Listed on: 01/24/2018

Last Buyer's Agent

Walter Leyva

W & B Realty License #01096166 Listed on: 01/24/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 9,477 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Assigned Parking

Home Design

  • 2,194 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 8006
  • Assessor Parcel Number 8445007013

Community Details

Overview

  • 2 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 5 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $382
  • Insurance Expense $1,619
  • Trash Expense $588
  • Water Sewer Expense $1,308
  • New Taxes Expense $9,687
  • Operating Expense $13,584
  • Gross Income $61,500
  • Net Operating Income $47,976

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1308.00
  • Zoning: CVR3-RD2000*
  • Property Type: Residential Income
  • Parcel Number: 8445007013
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 348.68

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Built-In Storage
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 588.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 9477.00

Multi Family

  • Electric Expense: 382.00
  • Gross Income: 61500.00
  • Gross Scheduled Income: 61560.00
  • Insurance Expense: 1619.00
  • Net Operating Income: 47976.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 13584.00
  • Rent Control: No
  • Total Expenses: 13584.00

Tax Info

  • New Taxes Expense: 9687.00
  • Tax Census Tract: 4061.01
  • Tax Lot: 6
  • Tax Tract Number: 8006

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 24, 2018
Closed on
Feb 16, 2018
Sold by
Estrada Sondra
Bought by
Ma Anthony
Seller's Agent
Walter Leyva
W & B Realty
Buyer's Agent
Walter Leyva
W & B Realty
List Price
$799,900
Sold Price
$765,000
Premium/Discount to List
-$34,900
-4.36%
Current Estimated Value
$1,108,739

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$343,739
Avg. Annual Appreciation
4.80%
Original Mortgage
$547,500
Outstanding Balance
$463,683
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$645,056

Purchase Details

Listed on
Jan 24, 2018
Closed on
Feb 1, 2018
Sold by
Karavasou Maria
Bought by
Ma Anthony
Seller's Agent
Walter Leyva
W & B Realty
Buyer's Agent
Walter Leyva
W & B Realty
List Price
$799,900
Sold Price
$765,000
Premium/Discount to List
-$34,900
-4.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$547,500
Outstanding Balance
$463,683
Interest Rate
3.99%
Mortgage Type
New Conventional
Estimated Equity
$645,056

Purchase Details

Closed on
Apr 20, 2005
Sold by
Escobar George E
Bought by
Karavasou Maria

Purchase Details

Closed on
Nov 8, 2004
Sold by
Tamayo Justo
Bought by
Karavasou Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
8.1%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Oct 2, 2001
Sold by
Ochoa Ramona
Bought by
Tamayo Justo

Purchase Details

Closed on
Jun 14, 2001
Sold by
Lebby Richard A and Richard A Lebby Family Trust
Bought by
Tamayo Justo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,828
Interest Rate
6.88%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 18, 2001
Sold by
Shepherd Gary J
Bought by
The Richard A Lebby Family Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$265,828
Interest Rate
6.88%
Mortgage Type
FHA

Purchase Details

Closed on
Oct 12, 1999
Sold by
Shepherd Beverly J and Young Dawn M
Bought by
Shepherd Gary J

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$180,000
Interest Rate
7.75%
Mortgage Type
Stand Alone First

Purchase Details

Closed on
Jan 9, 1998
Sold by
Shepherd Beverly J
Bought by
Shepherd Beverly J and Shepherd Donald T
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
Ma Anthony -- Wfg Title Company
Ma Anthony $765,000 Wfg Title Company
Karavasou Maria -- --
Karavasou Maria $650,000 --
Tamayo Justo -- North American Title Co
Tamayo Justo $270,000 North American Title Co
The Richard A Lebby Family Trust $160,000 --
Shepherd Gary J $185,000 Fidelity Title
Shepherd Beverly J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ma Anthony $547,500
Previous Owner Karavasou Maria $420,000
Previous Owner Tamayo Justo $265,828
Previous Owner Shepherd Gary J $180,000
Closed Shepherd Gary J $15,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/26/2018 02/26/18 Sold $765,000 -4.4% $349 / Sq Ft
01/30/2018 01/30/18 Pending -- -- --
01/24/2018 01/24/18 For Sale $799,900 -- $365 / 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 $11,314 $870,435 $659,938 $210,497
2024 $11,314 $853,369 $646,999 $206,370
2023 $11,019 $836,637 $634,313 $202,324
2022 $10,877 $820,233 $621,876 $198,357
2021 $10,723 $804,151 $609,683 $194,468
2020 $10,584 $795,906 $603,432 $192,474
2019 $10,484 $780,300 $591,600 $188,700
2018 $9,674 $735,030 $465,521 $269,509
2016 $9,151 $706,491 $447,446 $259,045
2015 $8,793 $695,879 $440,725 $255,154
2014 $8,673 $682,248 $432,092 $250,156
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW18020139

California Regional Multiple Listing Service (CRMLS)

APN: 8445-007-013