NOT LISTED FOR SALE

532 S Rancho Simi Dr Covina, CA 91724

Estimated Value: $1,323,000 - $1,439,000

4 Beds
3 Baths
2,787 Sq Ft
$504/Sq Ft Est. Value

Last Sold May 09, 2023

Last sale price $1,220,500 $438 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $8,898/month

Highlights

  • Private Pool
  • City Lights View
  • Main Floor Bedroom
  • Primary Bedroom Suite
  • 0.57 Acre Lot
  • No HOA

About This Home

As of May 2023

Single story, 2,800 sq. ft., cul-de-sac, vintage estate pool home in the sought-after enclave of Covina Heights. The home has an amazing 180° view of the San Bernardino Mountains from its expansive frontage. This spacious home with tile/wood floors and granite countertops features 4 bedrooms, 3 bathrooms, a breakfast nook, and a spacious dining room. There is a 2-way fireplace that opens to the family room and the dining room. The family room and the master bedroom overlook a sparkling full-size pool with a brick courtyard. Breathtaking mountain views from the dining room, living room, and 2 front bedrooms.
Remodeled gourmet kitchen with rustic imported tile floors; granite countertops with complementing glass & marble backsplash; solid granite Farmer’s sink; rich dark wood cabinets and Stainless-steel Jennair appliances.

The main house has a large office/library with a custom fireplace, built-in bookshelves, and dual entry either from the main house or directly from the side gate and backyard. Access to the hallway bathroom allows this room to be used as a massive 5th bedroom.

Entertainer’s Dream is perfect for family gatherings & parties. Enjoy half an acre lot with nearly 6,000 Sq.Ft. of Imported pavers along walkways & patios, remodeled pool, and terraced gardens inclusive of florals & vines.

A detached 400 sq ft guesthouse/ADU on the hill can be made available for rent in the future. This ADU has its own entrance via the side gate and features a Murphy bed, fireplace, kitchen, and laundry room. The home is very close to the Via Verde Country Club, lovely Via Verde Park, Walnut Creek trails, shopping, dining, and coffeehouses! Not withstanding the 10-15 min car ride many children in the neighborhood attend the highly acclaimed Walnut schools.

Last Agent to Rent the Property

Rebecca Greene

GREENE LIGHT REALTY SERVICES License #01424788 Listed on: 05/18/2023

Last Renter's Agent

Rebecca Greene

GREENE LIGHT REALTY SERVICES License #01424788 Listed on: 05/18/2023

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $15,008

Year Built

  • Built in 1969

Lot Details

  • 0.57 Acre Lot
  • Back and Front Yard
  • Property is zoned CVR120000*

Parking

  • 3 Car Direct Access Garage
  • Parking Available
  • Front Facing Garage
  • Driveway

Property Views

  • City Lights
  • Mountain

Interior Spaces

  • 2,787 Sq Ft Home
  • 1-Story Property
  • Formal Entry
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Additional Features

  • Private Pool
  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Security Deposit $5,750
  • Rent includes gardener, pool
  • 12-Month Minimum Lease Term
  • Available 5/18/23
  • Tax Lot 75
  • Tax Tract Number 27521
  • Assessor Parcel Number 8448017035

Home Details

Home Type

Single Family

Est. Annual Taxes

$15,008

Year Built

Built in 1969

Lot Details

0

Parking

3

Rental Info

  • Cashiers Check: 1ST Month Rent, Pet Deposit, Security Deposit
  • Available Date: 2023-05-18
  • Credit Check Paid By: Owner
  • Deposit Pets: 500
  • Deposit Security: 5750
  • Furnished: Unfurnished
  • Pets Allowed: Cats OK, Dogs OK
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: House
  • Property Attached: No
  • View: Yes
  • Zoning: CVR120000*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 8448017035
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2787.00 Square Feet
  • Stories: 1
  • Entry Location: yes
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Full And Three Quarter Bathrooms: 3
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Family Room, Living Room
  • Levels: One
  • Main Level Bathrooms: 3
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 1.70
  • Room Type: All Bedrooms Down, Formal Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom, Main Floor Master Bedroom, Master Bathroom, Master Bedroom, Master Suite, Separate Family Room

Exterior Features

  • View: City Lights, Mountain(s)
  • Pool Features: Private
  • Pool Private: Yes

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Direct Garage Access, Driveway, Garage, Garage Faces Front
  • Total Parking Spaces: 3.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Individual Room, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Schools

  • School District: Charter Oak Unified

Lot Info

  • Additional Parcels: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 25011.00
  • Lot Size Acres: 0.5742

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 25011.0000 Square Feet
  • Number Of Units Total: 1
  • Rent Includes: Gardener, Pool

Tax Info

  • Tax Census Tract: 4036.01
  • Tax Lot: 75
  • Tax Tract Number: 27521

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 18, 2023
Closed on
Apr 13, 2023
Sold by
Dana Rosas Family Revocable Trust
Bought by
Applied Medtech Llc
Seller's Agent
Rebecca Greene
GREENE LIGHT REALTY SERVICES
Buyer's Agent
Rebecca Greene
GREENE LIGHT REALTY SERVICES
Sold Price
$4,740
Views
142
Current Estimated Value
$1,403,408

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,398,668
Avg. Annual Appreciation
5.40%

Purchase Details

Closed on
Nov 18, 2022
Sold by
Grijalva Eva Marie
Bought by
Dana Rosas Family Trust

Purchase Details

Closed on
Oct 4, 2019
Sold by
Rosas Dana and The Dana Rosa Family Revocable
Bought by
Rosas Dana and Mayfield Marcella

Purchase Details

Closed on
Jun 17, 2019
Sold by
Rosas
Bought by
Rosa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Interest Rate
3.82%

Purchase Details

Closed on
Nov 14, 2017
Sold by
Grijalva Eva Marie
Bought by
Rosas Dana Lee

Purchase Details

Closed on
Nov 15, 2016
Sold by
Grijalva Eva Marie
Bought by
Grijalva Eva Marie and Rosas Dana Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
4.03%
Mortgage Type
Future Advance Clause Open End Mortgage

Purchase Details

Closed on
Oct 26, 2012
Sold by
Graham Robert S
Bought by
Olesen Larry William and Graham Robert Samuel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 9, 2012
Sold by
Graham Robert S and Olesen Larry W
Bought by
Grijalva Eva Marie

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$412,500
Interest Rate
3.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2012
Sold by
Graham Robert S
Bought by
Graham Robert S and Olesen Larry W

Purchase Details

Closed on
Mar 19, 2010
Sold by
Olesen Larry W and Graham Robert S
Bought by
Graham Robert S

Purchase Details

Closed on
Mar 15, 1996
Sold by
Montgomery Ivan and Montgomery Elsa
Bought by
Olesen Larry W and Graham Robert S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,000
Interest Rate
7.35%
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
Applied Medtech Llc $1,220,500 Lawyers Title
Dana Rosas Family Trust -- --
Rosas Dana -- None Available
Rosas Dana -- None Available
Rosa -- --
Rosas Dana Lee -- Title Company
Grijalva Eva Marie -- None Available
Olesen Larry William -- None Available
Grijalva Eva Marie $550,000 Lawyers Title
Graham Robert S -- Accommodation
Graham Robert S -- None Available
Olesen Larry W $278,000 North American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rosa --
Previous Owner Grijalva Eva Marie $100,000
Previous Owner Grijalva Eva Marie $412,500
Previous Owner Graham Robert S $221,500
Previous Owner Olesen Larry W $227,700
Previous Owner Olesen Larry W $220,000
Previous Owner Olesen Larry W $880,000
Previous Owner Olesen Larry W $750,000
Previous Owner Olesen Larry W $140,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/23/2023 05/23/23 Rented $4,740 -17.6% --
05/18/2023 05/18/23 For Rent $5,750 0.0% --
05/09/2023 05/09/23 Sold $1,220,500 +11.1% $438 / Sq Ft
04/07/2023 04/07/23 Pending -- -- --
10/29/2022 10/29/22 For Sale $1,099,000 -- $394 / 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 $15,008 $1,269,807 $883,299 $386,508
2024 $15,008 $1,244,910 $865,980 $378,930
2023 $11,568 $964,033 $630,811 $333,222
2022 $11,385 $945,132 $618,443 $326,689
2021 $7,745 $625,701 $388,960 $236,741
2020 $7,661 $619,286 $384,972 $234,314
2019 $7,658 $607,144 $377,424 $229,720
2018 $7,229 $595,240 $370,024 $225,216
2017 $7,123 $583,569 $362,769 $220,800
2016 $6,897 $572,127 $355,656 $216,471
2015 $6,865 $563,534 $350,314 $213,220
2014 $6,855 $552,496 $343,452 $209,044
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV23086360

California Regional Multiple Listing Service (CRMLS)

APN: 8448-017-035