NOT LISTED FOR SALE

532 N 4th Ave Covina, CA 91723

Estimated Value: $770,543 - $980,000

3 Beds
2 Baths
1,221 Sq Ft
$692/Sq Ft Est. Value

Last Sold August 06, 2014

Last sale price $479,000 $392 Per Sq Ft

Est. 76% increase in value since last sale

Current estimated payment $5,233/month

32 Days on Market

Highlights

  • No HOA
  • Central Air
  • Wall Furnace
  • Laundry Room

About This Home

As of August 2014

Location, Location, Location is this charming duplex. Walking distance to Downtown Covina, Hospital, Park, and Metro Link. This is an Investors dream! The two units have been completely upgraded with kitchens, bathrooms, new paint, ceiling fans and much more. They each have their own single car garage with washer/dryer hookups. The larger unit which is 2/1 has it's own fenced in private yard and patio. The smaller unit is a 1/1. Both units are tenant occupied but flexible if need be. Call now for an appointment!

Last Agent to Sell the Property

Tanya Uribes

EXP REALTY OF SOUTHERN CA. INC License #01903057 Listed on: 05/08/2014

EXP REALTY OF SOUTHERN CA. INC

Co-Listed By

ROSEMARY GILBERT

RE/MAX ADVANTAGE License #01705798

Last Buyer's Agent

Gloria Chen

IRN Realty License #01315602

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,246

Year Built

  • Built in 1946

Lot Details

  • 6,404 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 1,221 Sq Ft Home
  • Property Attached
  • Shingle Roof

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Air
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 16
  • Tax Tract Number 8005
  • Assessor Parcel Number 8431016012

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gross Income $2,350

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,246

Year Built

Built in 1946

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Other Phone Description: (909) 307-5665
  • Other Phone Number: 909477-0269
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 8431016012
  • Year Built: 1946
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 392.30

Exterior Features

  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected, Water Available
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage, Inside
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6404.00
  • Lot Size Acres: 0.1470

Multi Family

  • Average1 Bed Area: 471
  • Average2 Bed Area: 750
  • Gross Income: 2350.00
  • Gross Scheduled Income: 2350.00
  • Lot Size Area: 6404.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: Yes

Tax Info

  • Tax Lot: 16
  • Tax Tract Number: 8005

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 8, 2014
Closed on
Jun 19, 2014
Sold by
Carter Timothy R and Ramirez Johnny
Bought by
Yung Rosanna
Seller's Agent
Tanya Uribes
EXP REALTY OF SOUTHERN CA. INC
Buyer's Agent
Gloria Chen
IRN Realty
List Price
$499,000
Sold Price
$479,000
Premium/Discount to List
-$20,000
-4.01%
Current Estimated Value
$845,386

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$366,386
Avg. Annual Appreciation
5.29%
Original Mortgage
$285,000
Interest Rate
4%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
May 21, 2008
Sold by
Ramirez Johnny and Ramirez Oleta D
Bought by
Ramirez Johnny and Ramirez Oleta D

Purchase Details

Closed on
Apr 29, 2003
Sold by
Carter Timothy R and Ramirez Oleta D
Bought by
Carter Timothy R and Ramirez Johnny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$142,000
Interest Rate
5.84%

Purchase Details

Closed on
Jun 24, 1997
Sold by
Hingey John T and Hingey Kerry
Bought by
Carter Timothy R and Carter Oleta D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,133
Interest Rate
7.57%
Mortgage Type
FHA
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
Yung Rosanna $479,000 Fidelity National Title
Carter Timothy R -- Fidelity National Title
Ramirez Johnny -- None Available
Carter Timothy R -- Mfi Title
Carter Timothy R $142,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yung Rosanna $350,000
Closed Yung Rosanna $355,000
Previous Owner Yung Rosanna $285,000
Previous Owner Carter Timothy R $251,000
Previous Owner Carter Timothy R $65,802
Previous Owner Carter Timothy R $250,000
Previous Owner Carter Timothy R $100,000
Previous Owner Carter Timothy R $142,000
Previous Owner Carter Timothy R $139,681
Previous Owner Carter Timothy R $140,133
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/06/2014 08/06/14 Sold $479,000 -4.0% $392 / Sq Ft
06/09/2014 06/09/14 Pending -- -- --
05/08/2014 05/08/14 For Sale $499,000 -- $409 / 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 $7,246 $575,677 $360,551 $215,126
2024 $7,246 $564,390 $353,482 $210,908
2023 $7,142 $553,324 $346,551 $206,773
2022 $7,049 $542,475 $339,756 $202,719
2021 $6,949 $531,840 $333,095 $198,745
2020 $6,858 $526,388 $329,680 $196,708
2019 $6,793 $516,067 $323,216 $192,851
2018 $6,517 $505,949 $316,879 $189,070
2016 $6,175 $486,304 $304,575 $181,729
2015 $5,996 $479,000 $300,000 $179,000
2014 $2,671 $184,947 $78,146 $106,801
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV14095574

California Regional Multiple Listing Service (CRMLS)

APN: 8431-016-012