NOT LISTED FOR SALE

347 E Puente St Covina, CA 91723

Estimated Value: $630,000 - $769,000

0.21 Acre
$3,228,624 Price per Acre
9,275 Sq Ft Lot

Last Sold June 21, 2024

Last sale price $600,000 $540 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $4,026/month

55 Days on Market

Highlights

  • Property is near public transit
  • Private Yard
  • Landscaped
  • South Hills High School Rated A-
  • No HOA
  • Wood Fence

About This Lot

As of June 2024

***R-3 ZONED.... 9275 SQ.FT. LOT W/ALLEY ACCESS*** THAT YOU CAN ADD ON TO, BUILD A 2ND UNIT/ADU OR ADD MORE UNITS. CHECK W/CITY OF COVINA TO SEE WHAT YOU CAN DO! THERE ARE UNITS ON EACH SIDE OF THIS PROPERTY IN A MULTIFAMILY AND SINGLE FAMILY HOME NEIGHBORHOOD. PROPERTY NOT HOOKED UP TO PUBLIC SEWER SYSTEM BUT AVAILABLE IN ALLEY. SMALL HOME W/1112 SQ. FT. BLT IN 1933 HAS 3 BEDS/1.75 BTH (.75 BTH NO PERMITS) NEWER ROOF CURRENTLY RENTED BY TENANTS FOR 25+ YEARS. BEST LOCATION IN COVINA WALKING DISTANCE TO BUS STOP, RESTAURANTS AND BLOCKS AWAY FROM DESIRABLE DOWN TOWN COVINA. HOME IS TO BE SOLD 'AS IS' CONDITION. THERE IS SO MUCH POTENTIAL FOR THE RIGHT BUYER SO GET YOUR OFFER IN BEFORE ITS GONE!!!! SELLER MAY BE DOING A 1031 TAX DEFERRED EXCHANGE. *MOTIVATED* READY FOR REASONABLE OFFER *QUICK CLOSE OKAY*

Last Agent to Sell the Property

DONNA DAMON-SCARINZA

RE/MAX MASTERS REALTY Brokerage Phone: 626-437-8029 License #00875460 Listed on: 04/19/2024

RE/MAX MASTERS REALTY

Last Buyer's Agent

DONNA DAMON-SCARINZA

RE/MAX MASTERS REALTY Brokerage Phone: 626-437-8029 License #00875460 Listed on: 04/19/2024

RE/MAX MASTERS REALTY

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $3,357

Lot Details

  • 9,275 Sq Ft Lot
  • Wood Fence
  • Fence is in average condition
  • Landscaped
  • Level Lot
  • The property's topography is flat
  • Private Yard
  • Lawn
  • Back and Front Yard
  • Value in Land
  • Property is zoned CVR3-RD2000*, R3 build units, etc.

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Natural Gas Connected
  • Sewer Available

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 8007
  • Assessor Parcel Number 8445016040

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Est. Annual Taxes

$3,357

Lot Details

0

Listing Details

  • Current Use: Multi-Family, Residential
  • Current Use Comments: R3 zoned with alley access. Units on both sides of existing property which has a single family home facing Puente. Build more units, add on to home, ADU, etc. Buyers to check w/city for building info. Property is currently on cesspool/sewer hookup is available off alley. So much opportunity for the right buyer. Seller motivated so submit offers for fast closing.
  • Improvements: Since there is a single family home built in 1933 all utilities are in except hooking up to public sewer system. As Is sale.
  • Ingress Egress: alley access/streetfront
  • Possible Use: Multi-Family
  • Possible Use Comments: Entire street is multi family dwellings, some single family. Builders would want to build additional units on this property!!! This area generates high rents due to location and South Hills School District.
  • Road Frontage Type: City Street
  • Road Surface Type: Alley Paved, Paved
  • View: No
  • Zoning: CVR3-RD2000*
  • Zoning Description: R3 build units, etc.
  • Property Type: Land
  • Parcel Number: 8445016040
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 64.69

Exterior Features

  • Fencing: Average Condition, Wood

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Available, Water Connected
  • Electric: Electricity - On Property
  • Sewer: None
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights, Suburban

Lot Info

  • Topography: flat
  • Additional Parcels: No
  • Current Geological: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Landscaped, Lawn, Lot 6500-9999, Level, Near Public Transit, Value In Land, Yard
  • Lot Size: 9275
  • Lot Size Sq Ft: 9275.00
  • Usable Land Percent: 90%
  • Lot Size Acres: 0.2129
  • Latitude Manual: 34.08292700

Multi Family

  • Lot Size Area: 9275.0000 Square Feet

Tax Info

  • Tax Census Tract: 4061.03
  • Tax Lot: 7
  • Tax Tract Number: 8007

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 19, 2024
Closed on
Jun 14, 2024
Sold by
Vivian V Hernandez Revocable Trust and Hernandez Vivian V
Bought by
Luu Thu Kim Nguyet
Seller's Agent
DONNA DAMON-SCARINZA
RE/MAX MASTERS REALTY
Buyer's Agent
DONNA DAMON-SCARINZA
RE/MAX MASTERS REALTY
List Price
$635,000
Sold Price
$600,000
Premium/Discount to List
-$35,000
-5.51%
Views
3
Current Estimated Value
$687,374

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$87,374
Avg. Annual Appreciation
6.45%

Purchase Details

Closed on
Jul 14, 2023
Sold by
Hernandez Vivian
Bought by
Vivian V Hernandez Revocable Trust and Hernandez

Purchase Details

Closed on
Jun 21, 2013
Sold by
Hernandez Vivian V
Bought by
Hernandez

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
3.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 15, 2000
Sold by
Vezerian Regina
Bought by
Hernandez Vivian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$154,300
Interest Rate
7.86%

Purchase Details

Closed on
Jul 8, 1999
Sold by
Vezerian Regina
Bought by
Vezerian Regina and Regina Vezerian Trust

Purchase Details

Closed on
Dec 2, 1998
Sold by
Junkin Donald L
Bought by
Vezerian Regina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
6.63%
Mortgage Type
Purchase Money Mortgage
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
Luu Thu Kim Nguyet $600,000 Old Republic Title
Vivian V Hernandez Revocable Trust -- None Listed On Document
Hernandez -- First American Title Company
Hernandez Vivian $162,500 North American Title Co
Vezerian Regina -- --
Vezerian Regina -- American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Hernandez $165,000
Previous Owner Hernandez Vivian $165,000
Previous Owner Hernandez Vivian $155,050
Previous Owner Hernandez Vivian $154,300
Previous Owner Vezerian Regina $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/21/2024 06/21/24 Sold $600,000 0.0% $540 / Sq Ft
06/21/2024 06/21/24 Sold $600,000 0.0% $540 / Sq Ft
06/13/2024 06/13/24 Pending -- -- --
06/13/2024 06/13/24 Pending -- -- --
05/03/2024 05/03/24 Off Market $600,000 -- --
05/03/2024 05/03/24 Off Market $600,000 -- --
04/19/2024 04/19/24 For Sale $635,000 0.0% $571 / Sq Ft
04/18/2024 04/18/24 For Sale $635,000 -- $571 / 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 $3,357 $612,000 $530,400 $81,600
2024 $3,357 $240,038 $170,914 $69,124
2023 $3,309 $235,332 $167,563 $67,769
2022 $3,267 $230,719 $164,278 $66,441
2021 $3,218 $226,196 $161,057 $65,139
2019 $3,149 $219,489 $156,281 $63,208
2018 $2,977 $215,186 $153,217 $61,969
2016 $2,818 $206,831 $147,268 $59,563
2015 $2,740 $203,725 $145,056 $58,669
2014 $2,710 $199,735 $142,215 $57,520
Source: Public Records

Agents Affiliated with this Home

  • DONNA DAMON-SCARINZA

    Seller's Agent in 2024

    DONNA DAMON-SCARINZA

    RE/MAX

    (626) 437-8029

    2 in this area

    8 Total Sales

    DONNA DAMON-SCARINZA
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24078426

California Regional Multiple Listing Service (CRMLS)

APN: 8445-016-040

California Los Angeles County Covina 91723

347 E Puente St, Covina, CA

This home is located at 347 E Puente St, Covina, CA 91723 since 19 April 2024 and is currently estimated at $687,374, approximately $618 per square foot. 347 E Puente St is a home located in Los Angeles County with nearby schools including Barranca Elementary School, South Hills High School, and Christ Lutheran School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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