NOT LISTED FOR SALE

445 1/2 E Puente St Unit 1-3 Covina, CA 91723

Estimated Value: $663,740 - $861,000

5 Beds
4 Baths
4,029 Sq Ft
$179/Sq Ft Est. Value

Last Sold November 13, 2019

Last sale price $1,290,000 $320 Per Sq Ft

Est. 47% decrease in value since last sale

Current estimated payment $4,188/month

6 Days on Market

Highlights

  • New Construction
  • No HOA
  • Central Air
  • South Hills High School Rated A-
  • Laundry Room

About This Home

As of November 2019

**New Construction*** Beautiful Tri-Plex in the Great City of Corina. A renovated 2 bedroom, 1 bath detached house includes private yard, new 2 car garage, laundry hook ups and an open floor plan. In addition, Two (2) NEW townhouse style apartments. Each has 3 bedrooms and 2.5 baths with an attached 2 car garage. All units include a private yard, laundry hook-ups, separately metered utilities, modern kitchens with granite counter tops and stainless appliances. Great for rentals! Live in one and rent the others out! Or rent all three for a nice income stream. All units are currently leased with a 1 year term, with 8 months still remaining on the lease.

Last Agent to Sell the Property

Jim Moran

Moran Real Estate Inc. License #01425464 Listed on: 09/03/2019

Last Buyer's Agent

Tracy Ngo

ATM Asset Mgmt, Inc. License #01384577

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,061

Year Built

  • Built in 2019 | New Construction

Lot Details

  • 9,323 Sq Ft Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 6 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 4,029 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Central Air

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, telephone, trash collection, water
  • Tax Lot 30
  • Tax Tract Number 4692
  • Assessor Parcel Number 8445018019

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 4 Separate Water Meters
  • Insurance Expense $1,200
  • Water Sewer Expense $900
  • New Taxes Expense $17,500
  • Operating Expense $21,400
  • Gross Income $81,300
  • Net Operating Income $56,910

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,061

Year Built

Built in 2019 | New Construction

Lot Details

0

Parking

6

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 900.00
  • Zoning: CVR3-RD1250*
  • New Construction: Yes
  • Property Type: Residential Income
  • Parcel Number: 8445018019
  • Year Built: 2019
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 1 Common Wall
  • Levels: One, Two
  • Price Per Square Foot: 320.18

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 9323.00
  • Lot Size Acres: 0.2140

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, Telephone, Trash Collection, Water

Multi Family

  • Average3 Bed Area: 1500 Square Feet
  • Gross Income: 81300.00
  • Gross Scheduled Income: 81300.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 9323.0000 Square Feet
  • Net Operating Income: 56910.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 24390.00
  • Rent Control: No
  • Total Actual Rent: 7100.00
  • Total Expenses: 21400.00

Tax Info

  • New Taxes Expense: 17500.00
  • Tax Census Tract: 4061.02
  • Tax Lot: 30
  • Tax Tract Number: 4692

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 11, 2016
Sold by
Sauer Paul
Bought by
Tharp Steven A
Current Estimated Value
$687,703

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$370,662
Outstanding Balance
$294,137
Interest Rate
3.48%
Mortgage Type
FHA
Estimated Equity
$427,298

Purchase Details

Closed on
Oct 18, 2000
Sold by
Munoz Rafael H
Bought by
Sauer Paul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$141,571
Interest Rate
7.82%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 21, 1996
Sold by
Rebolledo Gonzalez Marino
Bought by
Munoz Rafael H and Munoz Irene H

Purchase Details

Closed on
Mar 18, 1996
Sold by
Va
Bought by
Rebolledo Gonzalez Marino and Rebolledo Gonzalez Eugenia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,001
Interest Rate
7.34%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 1, 1995
Sold by
Countrywide Funding Corp
Bought by
Va

Purchase Details

Closed on
May 31, 1995
Sold by
Shelburne Keith R
Bought by
Countrywide Funding Corp

Purchase Details

Closed on
Mar 1, 1995
Sold by
Shelburne Keith R
Bought by
Countrywide Funding Corp
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Tharp Steven A $377,500 Chicago Title Company
Sauer Paul $144,000 Orange Coast Title
Munoz Rafael H -- --
Rebolledo Gonzalez Marino $105,500 Northern Counties Title
Va -- Stewart Title
Countrywide Funding Corp $111,025 Stewart Title
Countrywide Funding Corp $104,950 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tharp Steven A $370,662
Previous Owner Sauer Paul $141,571
Previous Owner Rebolledo Gonzalez Marino $105,001
Closed Sauer Paul $4,320
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/13/2019 11/13/19 Sold $1,290,000 -7.7% $320 / Sq Ft
09/09/2019 09/09/19 Pending -- -- --
09/03/2019 09/03/19 For Sale $1,398,000 -- $347 / 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 $7,061 $580,373 $464,278 $116,095
2024 $7,061 $568,994 $455,175 $113,819
2023 $6,956 $557,838 $446,250 $111,588
2022 $6,863 $546,900 $437,500 $109,400
2021 $5,297 $404,754 $311,903 $92,851
2020 $5,227 $400,604 $308,705 $91,899
2019 $5,177 $392,750 $302,652 $90,098
2018 $4,918 $385,050 $296,718 $88,332
2016 $2,424 $183,285 $135,303 $47,982
2015 $2,356 $180,533 $133,271 $47,262
2014 $2,328 $176,998 $130,661 $46,337
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR19210352

California Regional Multiple Listing Service (CRMLS)

APN: 8445-015-025