$810,000
SOLD MAR 21, 2025

489 Fairlane Way Covina, CA 91723

3 Beds
3 Baths
2,070 Sq Ft
$245/mo HOA Fee

Recently Sold

$391 Per Sq Ft

2% Below List Price

48 Days on Market

Highlights

  • Solar Power System
  • 0.63 Acre Lot
  • Deck
  • Updated Kitchen
  • Open Floorplan
  • 3-minute walk to Heritage Plaza Park

About This Home

As of March 2025

This luxurious townhome offers 2070 square feet of elegantly designed living space, including 3 bedrooms and 3 full bathrooms. The second floor features 2 bedrooms and 2 full bathrooms. The second floor features a balcony The home has been extensively upgraded with a new kitchen backsplash, beautiful Quartz countertops, and an island in the kitchen. The primary bedroom includes a covered patio—a must-see! Additionally, there are numerous built-ins throughout the home. From the stunning fireplace to the upgraded stair rails, this home is full of exceptional features.
Located in the heart of downtown Covina, this all-electric townhome is nestled in a walkable historic district near cafés, shops, and cultural attractions. Civic Center Park is right across the street, and Covina Community Park, with a pool, tennis courts, and sports fields, is on the other side. Designed for sustainable living, the home is equipped with solar power, smart thermostats, and energy-efficient appliances. The Covina Metro station is just a 5-minute walk away, providing a 35-minute commute to Downtown LA.

Last Agent to Sell the Property

Teresita Mireya Chavarria

CENTURY 21 CITRUS REALTY INC Brokerage Phone: 909-806-0368 License #01915744 Listed on: 01/08/2025

CENTURY 21 CITRUS REALTY INC

Last Buyer's Agent

Weimin Ting

WayPro Realty Inc. License #02225728

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,885

Year Built

  • Built in 2020

Lot Details

  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

HOA Fees

  • $245 Monthly HOA Fees

Parking

  • 2 Car Direct Access Garage
  • Parking Available

Home Design

  • Entry on the 1st floor
  • Slab Foundation
  • Shingle Roof

Interior Spaces

  • 2,070 Sq Ft Home
  • 3-Story Property
  • Open Floorplan
  • Recessed Lighting
  • Family Room Off Kitchen
  • Living Room with Fireplace
  • Storage
  • Laundry Room
  • Neighborhood Views

Kitchen

  • Updated Kitchen
  • Open to Family Room
  • Breakfast Bar
  • Microwave
  • Quartz Countertops

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 3 Bedrooms | 2 Main Level Bedrooms
  • All Upper Level Bedrooms
  • Remodeled Bathroom
  • 3 Full Bathrooms
  • Quartz Bathroom Countertops
  • Low Flow Toliet
  • Bathtub with Shower

Home Security

Eco-Friendly Details

  • Energy-Efficient HVAC
  • Energy-Efficient Thermostat
  • Solar Power System

Outdoor Features

  • Living Room Balcony
  • Deck
  • Patio
  • Exterior Lighting

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 72116
  • Assessor Parcel Number 8431028044
  • $1,232 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • 61 Units
  • Atwood Association, Phone Number (855) 403-3852
  • Maintained Community

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,885

Year Built

Built in 2020

Lot Details

0

HOA Fees

$245 per month

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Inclusions: washer, Dryer
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • View: Yes
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 8431028044
  • Year Built: 2020
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2070.00 Square Feet
  • Interior Amenities: Balcony, Living Room Balcony, Open Floorplan, Quartz Counters, Recessed Lighting, Storage
  • Stories: 3
  • Entry Location: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate
  • Appliances: Yes
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 3
  • Eating Area: Breakfast Counter / Bar, Family Kitchen
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Three Or More
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 391.30
  • Room Type: All Bedrooms Up
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Shower In Tub, Quartz Counters, Remodeled
  • Room Kitchen Features: Kitchen Open To Family Room, Quartz Counters, Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Foundation: Slab
  • View: Neighborhood
  • Fence: No
  • Patio And Porch Features: Deck
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 2
  • Parking: Yes
  • Parking Features: Direct Garage Access, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Microwave
  • Heating Type: Central
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Maintenance Grounds
  • Association Fee: 245.00
  • Association Fee Frequency: Monthly
  • Association Name: Atwood
  • Phone: 8554033852
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Sidewalks, Street Lights
  • Association Management: Atwood

Green Features

  • Efficiency: HVAC, Thermostat
  • Green Power: Solar

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 27439.00
  • Lot Size Acres: 0.6299

Multi Family

  • Lease Considered: No
  • Lot Size Area: 27439.0000 Square Feet
  • Number Of Units In Community: 61
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4061.03
  • Tax Lot: 1
  • Tax Tract Number: 72116
  • TaxOtherAnnualAssessmentAmount: 1232.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2025
Closed on
Feb 26, 2025
Sold by
Huang Wei-Chien
Bought by
Hsiung Shiu-Chen
Seller's Agent
Teresita Mireya Chavarria
CENTURY 21 CITRUS REALTY INC
Buyer's Agent
Weimin Ting
WayPro Realty Inc.
List Price
$825,000
Sold Price
$810,000
Premium/Discount to List
-$15,000
-1.82%
Views
54
Current Estimated Value
$817,787

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,787
Avg. Annual Appreciation
3.30%

Purchase Details

Listed on
Jan 8, 2025
Closed on
Feb 24, 2025
Sold by
Hernandez Family Trust and Hernandez Joseph R
Bought by
Hsiung Shiu-Chen
Seller's Agent
Teresita Mireya Chavarria
CENTURY 21 CITRUS REALTY INC
Buyer's Agent
Weimin Ting
WayPro Realty Inc.
List Price
$825,000
Sold Price
$810,000
Premium/Discount to List
-$15,000
-1.82%
Views
54

Purchase Details

Closed on
Oct 3, 2020
Sold by
Hernandez Joseph R and Hernandez Alice
Bought by
Hernandez Joseph R and Hernandez Alice

Purchase Details

Closed on
Jan 7, 2020
Sold by
City Ventures Homebulding Llc
Bought by
Hernandez Joseph and Hernandez Alice

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$557,991
Interest Rate
3.6%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

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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 Type Sale Price Title Company
Deed -- Chicago Title Company
Grant Deed $810,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $620,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $557,991 New Conventional
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/21/2025 03/21/25 Sold $810,000 -1.8% $391 / Sq Ft
02/25/2025 02/25/25 Pending -- -- --
01/08/2025 01/08/25 For Sale $825,000 -- $399 / 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 $8,885 $678,057 $312,234 $365,823
2024 $8,885 $664,762 $306,112 $358,650
2023 $8,742 $651,728 $300,110 $351,618
2022 $8,599 $638,950 $294,226 $344,724
2021 $8,674 $626,422 $288,457 $337,965
2020 $4,205 $280,163 $124,848 $155,315
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV25004696

California Regional Multiple Listing Service (CRMLS)

APN: 8431-028-044