NOT LISTED FOR SALE

433 W Badillo St Covina, CA 91723

Estimated Value: $849,000 - $950,000

4 Beds
2 Baths
2,214 Sq Ft
$412/Sq Ft Est. Value

Last Sold October 09, 2020

Last sale price $650,000 $294 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $5,452/month

9 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Park or Greenbelt View
  • Park
  • Wood Flooring
  • Cooling System Mounted To A Wall/Window
  • Laundry Room

About This Home

As of October 2020

Excellent investment opportunity. Covina Park is right down the street. Close to hospital and shopping areas. Also close to the Metro Link. Great schools. Each unit has a small back yard and plenty of parking. Charming units with hardwood floors.

Last Agent to Sell the Property

Steve McIntosh

MC INTOSH REALTY License #00443474 Listed on: 08/13/2020

Last Buyer's Agent

Martin Alvandi

Prime 1 Estates, Inc License #02065757

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,839

Year Built

  • Built in 1930

Lot Details

  • 8,512 Sq Ft Lot
  • 1 Common Wall
  • Chain Link Fence
  • Level Lot
  • Front Yard Sprinklers

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • Property Attached
  • Raised Foundation
  • Rolled or Hot Mop Roof

Interior Spaces

  • 2,214 Sq Ft Home
  • Park or Greenbelt Views

Kitchen

  • Gas Range
  • Free-Standing Range

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 4 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Cooling System Mounted To A Wall/Window
  • Floor Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 43
  • Tax Tract Number 6643
  • Assessor Parcel Number 8431022002

Community Details

Overview

  • 2 Units

Recreation

  • Park
  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Gardener Expense $1,270
  • Insurance Expense $1,986
  • Trash Expense $665
  • Water Sewer Expense $1,199
  • New Taxes Expense $8,125
  • Operating Expense $13,245
  • Net Operating Income $18,855

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,839

Year Built

Built in 1930

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: Yes
  • Water Sewer Expenses: 1199.00
  • Zoning: CVR17500*
  • Property Type: Residential Income
  • Gardener Expense: 1270.00
  • Parcel Number: 8431022002
  • Year Built: 1930
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Wood
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 293.59
  • Room Type: All Bedrooms Down

Exterior Features

  • Foundation: Raised
  • View: Park/Greenbelt
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Rolled/Hot Mop
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Gas Range
  • Heating Type: Floor Furnace
  • Laundry Features: In Kitchen
  • Sewer: Public Sewer
  • Trash Expense: 665.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Park, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level with Street, Sprinklers In Front
  • Lot Size Sq Ft: 8512.00
  • Lot Size Acres: 0.1954

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 32100.00
  • Insurance Expense: 1986.00
  • Lot Size Area: 8512.0000 Square Feet
  • Net Operating Income: 18855.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Number With Range: 2
  • Operating Expense: 13245.00
  • Rent Control: No
  • Total Expenses: 13245.00

Tax Info

  • New Taxes Expense: 8125.00
  • Tax Census Tract: 4061.01
  • Tax Lot: 43
  • Tax Tract Number: 6643

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 1, 2021
Sold by
Wong Derek Yuhang and Wong Cheryl
Bought by
Wong Derek Yuhang and Wong Cheryl
Current Estimated Value
$888,375

Purchase Details

Listed on
Aug 13, 2020
Closed on
Aug 26, 2020
Sold by
Tt & M Group Llc
Bought by
Wong Derek and Wong Cheryl
Seller's Agent
Steve McIntosh
MC INTOSH REALTY
Buyer's Agent
Martin Alvandi
Prime 1 Estates, Inc
List Price
$650,000
Sold Price
$650,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.22%
Original Mortgage
$487,500
Outstanding Balance
$433,605
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$478,009

Purchase Details

Closed on
Oct 20, 2012
Sold by
Coleman Tina and The Pete De Philips Living Tru
Bought by
Coleman Tina and Dephilips Pete A

Purchase Details

Closed on
Mar 23, 2007
Sold by
Dephilips Pete
Bought by
Dephilips Pete and The Pete De Philips Living Trust

Purchase Details

Closed on
Dec 29, 2006
Sold by
Dephillips Pete and Pauline De Graziano Living Tru
Bought by
Dephillips Pete
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
Wong Derek Yuhang -- None Available
Wong Derek $650,000 Ticor Title
Coleman Tina -- None Available
Tt & M Group Llc -- None Available
Dephilips Pete -- None Available
Dephillips Pete -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Derek $487,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/09/2020 10/09/20 Sold $650,000 0.0% $294 / Sq Ft
08/22/2020 08/22/20 Pending -- -- --
08/13/2020 08/13/20 For Sale $650,000 -- $294 / 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 $8,839 $703,579 $454,621 $248,958
2024 $8,839 $689,784 $445,707 $244,077
2023 $8,713 $676,260 $436,968 $239,292
2022 $8,600 $663,000 $428,400 $234,600
2021 $8,474 $650,000 $420,000 $230,000
2020 $2,902 $178,603 $83,331 $95,272
2019 $2,877 $175,102 $81,698 $93,404
2018 $2,679 $171,670 $80,097 $91,573
2016 $2,520 $165,006 $76,988 $88,018
2015 $2,453 $162,528 $75,832 $86,696
2014 $2,431 $159,345 $74,347 $84,998
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV20164837

California Regional Multiple Listing Service (CRMLS)

APN: 8431-022-002