NOT LISTED FOR SALE

413 S San Jose Ave Covina, CA 91723

Estimated Value: $818,271 - $994,000

2 Beds
1 Bath
2,035 Sq Ft
$446/Sq Ft Est. Value

Last Sold September 05, 2014

Last sale price $492,000 $242 Per Sq Ft

Est. 84% increase in value since last sale

Current estimated payment $5,378/month

13 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Wood Flooring
  • No HOA
  • South Hills High School Rated A-
  • Private Yard
  • Laundry Room

About This Home

As of September 2014

Great opportunity for owner occupant or for rental income in highly desired area of Covina and South Hills School District. Property recently vacated and in need of some TLC. Each unit is two bedrooms 1 bath with Large Living Room, Dining Area, Kitchen, approximately 1000 square feet each. Both units have indoor laundry facilities and hardwood floors. One unit has a fireplace. Property has relaxing backyard area with Covered Patio with shared two car garage.

Last Agent to Sell the Property

Jacob Bash

Jacob Bash, Broker License #01933352 Listed on: 07/26/2014

Jacob Bash, Broker

Co-Listed By

Barbara Aitken

CENTURY 21 MASTERS License #01016166

Last Buyer's Agent

Richard Bash

Cal American Homes License #00822667

Cal American Homes

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,538

Year Built

  • Built in 1957

Lot Details

  • 6,987 Sq Ft Lot
  • 1 Common Wall
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,035 Sq Ft Home
  • Living Room with Fireplace
  • Laundry Room

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 1 Bathroom

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 4
  • Tax Tract Number 21655
  • Assessor Parcel Number 8445031004

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gardener Expense $840
  • Insurance Expense $800
  • Pest Control $150
  • Trash Expense $300
  • Water Sewer Expense $1,320
  • New Taxes Expense $6,372
  • Gross Income $2,700
  • Net Operating Income $22,618

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,538

Year Built

Built in 1957

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 1320.00
  • Property Type: Residential Income
  • Gardener Expense: 840.00
  • Parcel Number: 8445031004
  • Year Built: 1957
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Wood
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 241.77
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: Common Area
  • Pest Control Expense: 150.00
  • Trash Expense: 300.00
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 6987.00
  • Lot Size Acres: 0.1600

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 2700.00
  • Gross Scheduled Income: 32400.00
  • Insurance Expense: 800.00
  • Lot Size Area: 6987.0000 Square Feet
  • Net Operating Income: 22618.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 9782.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 6372.00
  • Tax Lot: 4
  • Tax Tract Number: 21655

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 3, 2018
Sold by
Wong Joanna Shao
Bought by
Wong Joanna Shao and The Joanna Shao Wu Living Trust
Current Estimated Value
$907,318

Purchase Details

Listed on
Jul 26, 2014
Closed on
Sep 3, 2014
Sold by
Pratt Gloria Jean
Bought by
Wong Joanna Shao
Seller's Agent
Jacob Bash
Jacob Bash, Broker
Buyer's Agent
Richard Bash
Cal American Homes
List Price
$510,000
Sold Price
$492,000
Premium/Discount to List
-$18,000
-3.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.64%

Purchase Details

Closed on
Jul 17, 2000
Sold by
Prince Jalene N
Bought by
Pratt Gloria Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$187,500
Interest Rate
8.05%

Purchase Details

Closed on
Jul 27, 1995
Sold by
Pratt Gloria Jean
Bought by
Pratt Gloria Jean and Prince Jalene N

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
7.62%

Purchase Details

Closed on
Jul 10, 1995
Sold by
Prince Jalene N
Bought by
Pratt Gloria Jean

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$174,000
Interest Rate
7.62%
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Wong Joanna Shao -- None Available
Wong Joanna Shao $492,000 Chicago Title Company
Pratt Gloria Jean -- American Title Co
Pratt Gloria Jean -- --
Pratt Gloria Jean -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pratt Gloria Jean $187,500
Previous Owner Pratt Gloria Jean $174,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/05/2014 09/05/14 Sold $492,000 -3.5% $242 / Sq Ft
08/08/2014 08/08/14 Pending -- -- --
07/26/2014 07/26/14 For Sale $510,000 -- $251 / 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 $7,538 $591,301 $360,551 $230,750
2024 $7,538 $579,708 $353,482 $226,226
2023 $7,431 $568,342 $346,551 $221,791
2022 $7,335 $557,199 $339,756 $217,443
2021 $7,227 $546,275 $333,095 $213,180
2019 $7,066 $530,074 $323,216 $206,858
2018 $6,746 $519,681 $316,879 $202,802
2016 $6,384 $499,503 $304,575 $194,928
2015 $6,201 $492,000 $300,000 $192,000
2014 $4,730 $360,621 $100,970 $259,651
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV14159500

California Regional Multiple Listing Service (CRMLS)

APN: 8445-031-004