NOT LISTED FOR SALE

504 E Merced Ave West Covina, CA 91790

Estimated Value: $719,000 - $847,000

3 Beds
2 Baths
1,319 Sq Ft
$595/Sq Ft Est. Value

Last Sold February 15, 2016

Last sale price $350,000 $265 Per Sq Ft

Est. 124% increase in value since last sale

Current estimated payment $4,502/month

92 Days on Market

Highlights

  • Bonus Room
  • No HOA
  • 3-minute walk to Walmerado Park
  • Edgewood High School Rated A-
  • Converted Bedroom

About This Home

As of February 2016

A desirable one story single family home in the heart of West Covina with 3bedrooms +1 Bonus , 2 bathrooms and natural lighting throughout. Spacious living room and a cozy fire place. The kitchen has plenty of storage space. The master bedroom features a large closet. patio area, a drought friendly landscape, a variety of avocado trees. Located within walking distance of Merlinda Elementary School. This house is a Must See! good for first time buyer or Investor needs TLC.

Last Agent to Sell the Property

Adan Hernandez

USA Realty and Loans License #01481613 Listed on: 07/05/2015

USA Realty  and Loans

Last Buyer's Agent

Adan Hernandez

USA Realty and Loans License #01481613 Listed on: 07/05/2015

USA Realty  and Loans

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1955

Lot Details

  • 8,696 Sq Ft Lot
  • Front and Back Yard Sprinklers

Parking

  • 2 Car Garage

Interior Spaces

  • 1,319 Sq Ft Home
  • Living Room with Fireplace
  • Bonus Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Converted Bedroom
  • 2 Full Bathrooms

Location

  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 21287
  • Assessor Parcel Number 8489016003

Home Details

Home Type

Single Family

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Ad Number: 626 373 6446
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8489016003
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1319.00
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 265.35
  • Room Type: Bonus Room, Converted Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Sprinklers: Yes
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Lot Features: Sprinklers In Front, Sprinklers In Rear
  • Lot Size Sq Ft: 8696.00
  • Price Per Lot Square Foot: 40.25
  • Lot Size Acres: 0.2000

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8696.0000 Square Feet
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 21287

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 5, 2015
Closed on
Jan 22, 2016
Sold by
Martinec Ceferina C
Bought by
Soils Christiansen Noche
Seller's Agent
Adan Hernandez
USA Realty and Loans
Buyer's Agent
Adan Hernandez
USA Realty and Loans
List Price
$468,000
Sold Price
$350,000
Premium/Discount to List
-$118,000
-25.21%
Current Estimated Value
$784,833

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$434,833
Avg. Annual Appreciation
8.47%

Purchase Details

Listed on
Jul 5, 2015
Closed on
Jan 21, 2016
Sold by
Solis Christiansen Noche
Bought by
Rousset Roger R
Seller's Agent
Adan Hernandez
USA Realty and Loans
Buyer's Agent
Adan Hernandez
USA Realty and Loans
List Price
$468,000
Sold Price
$350,000
Premium/Discount to List
-$118,000
-25.21%

Purchase Details

Closed on
Sep 17, 2004
Sold by
Martinec Ceferina C
Bought by
Martinec Ceferina C and Solis Christiansen Noche

Purchase Details

Closed on
Jul 27, 2004
Sold by
Gaudreau Robert Arthur
Bought by
Gaudreau Kathleen A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,100
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 12, 2004
Sold by
Johnson Elaine L
Bought by
Martinec Ceferina C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$378,100
Interest Rate
7.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 12, 1994
Sold by
Resolution Trust Corp
Bought by
Bank Of America National Tr & Svgs Assn and Security Pacific National Bank

Purchase Details

Closed on
Jul 22, 1993
Sold by
Johnson Mary A
Bought by
Johnson Mary Ann and Johnson Elaine L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Soils Christiansen Noche -- Lawyers Title
Rousset Roger R $350,000 Lawyers Title
Martinec Ceferina C -- --
Gaudreau Kathleen A -- Chicago Title Company
Martinec Ceferina C $398,000 Chicago Title Company
Bank Of America National Tr & Svgs Assn -- Southern California Title Co
Johnson Mary Ann -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Martinec Ceferina C $378,100
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/15/2016 02/15/16 Sold $350,000 0.0% $265 / Sq Ft
10/05/2015 10/05/15 Pending -- -- --
10/05/2015 10/05/15 Price Changed $350,000 -19.9% $265 / Sq Ft
08/25/2015 08/25/15 Price Changed $437,000 -0.7% $331 / Sq Ft
08/05/2015 08/05/15 Price Changed $439,900 -0.9% $334 / Sq Ft
07/31/2015 07/31/15 Price Changed $444,000 -0.2% $337 / Sq Ft
07/26/2015 07/26/15 Price Changed $444,900 -0.9% $337 / Sq Ft
07/17/2015 07/17/15 Price Changed $449,000 -4.1% $340 / Sq Ft
07/05/2015 07/05/15 For Sale $468,000 -- $355 / 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 $5,250 $414,322 $236,756 $177,566
2024 $5,250 $406,199 $232,114 $174,085
2023 $4,991 $398,235 $227,563 $170,672
2022 $5,032 $390,427 $223,101 $167,326
2021 $4,892 $382,773 $218,727 $164,046
2019 $4,762 $371,422 $212,241 $159,181
2018 $4,540 $364,140 $208,080 $156,060
2016 $4,778 $415,000 $302,000 $113,000
2015 $4,746 $415,000 $302,000 $113,000
2014 $4,491 $386,000 $281,000 $105,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW15147230

California Regional Multiple Listing Service (CRMLS)

APN: 8489-016-003