NOT LISTED FOR SALE

540 N 5th Ave Covina, CA 91723

Estimated Value: $725,000 - $861,000

2 Beds
2 Baths
1,248 Sq Ft
$622/Sq Ft Est. Value

Last Sold March 15, 2016

Last sale price $385,000 $308 Per Sq Ft

Est. 102% increase in value since last sale

Current estimated payment $4,543/month

106 Days on Market

Highlights

  • Contemporary Architecture
  • Eat-In Kitchen
  • Slab Porch or Patio
  • No HOA
  • Cooling System Mounted To A Wall/Window
  • Ceramic Countertops

About This Home

As of March 2016

REDUCED! Back on Market! Sharp hard to find duplex with detached garage on quiet street in the heart of Covina. Property features two 1 Bdrm 1 bath units with living room, kitchen, bedroom and laundry room. New interior and exterior paint; newer windows and roof; updated kitchen in rear unit. Excellent starter or investment property. Walking distance to schools, parks, transportation and shopping. TENANTS PAY ALL OF THEIR OWN UTILITIES INCLUDING TRASH!

Last Agent to Sell the Property

Scott Ries

RE/MAX One License #01007484 Listed on: 10/20/2015

RE/MAX One

Last Buyer's Agent

LORI HUNTSMAN

REALTY ONE GROUP MASTERS License #01911585

REALTY ONE GROUP MASTERS

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1948

Lot Details

  • 5,761 Sq Ft Lot
  • Level Lot
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway
  • Assigned Parking

Home Design

  • Contemporary Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,248 Sq Ft Home
  • Living Room
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Ceramic Countertops

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Gas Water Heater

Additional Features

  • Slab Porch or Patio
  • Urban Location

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 17
  • Tax Tract Number 6642
  • Assessor Parcel Number 8431018010

Home Details

Home Type

Single Family

Year Built

Built in 1948

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • View: No
  • Architectural Style: Contemporary
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8431018010
  • Year Built: 1948
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1248.00
  • Interior Amenities: Ceramic Counters
  • Common Walls: 1 Common Wall
  • Flooring: Carpet, Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Eating Area: In Kitchen
  • Levels: One
  • Price Per Square Foot: 308.49
  • Room Type: Living Room

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Slab
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

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

Utilities

  • Utilities: Natural Gas Available, Sewer Available, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Water Heater
  • Electric: Electricity - On Property
  • Heating Type: Wall Furnace
  • Laundry Features: Individual Room
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Level with Street
  • Lot Size Sq Ft: 5761.00
  • Price Per Lot Square Foot: 66.83
  • Lot Size Acres: 0.1320

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5761.0000 Square Feet

Tax Info

  • Tax Lot: 17
  • Tax Tract Number: 6642

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 20, 2015
Closed on
Feb 4, 2016
Sold by
Laidlaw Robert C
Bought by
Huntsman Jeffrey J and Huntsman Lori A
Seller's Agent
Scott Ries
RE/MAX One
Buyer's Agent
LORI HUNTSMAN
REALTY ONE GROUP MASTERS
List Price
$450,000
Sold Price
$385,000
Premium/Discount to List
-$65,000
-14.44%
Current Estimated Value
$776,453

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$391,453
Avg. Annual Appreciation
7.36%
Original Mortgage
$210,000
Outstanding Balance
$166,533
Interest Rate
3.79%
Mortgage Type
New Conventional
Estimated Equity
$609,920

Purchase Details

Closed on
Apr 23, 2008
Sold by
Laidlaw Robert G and Laidlaw Linda M
Bought by
Laidlaw Robert G

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
6.11%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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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 Buyer Sale Price Title Company
Huntsman Jeffrey J $385,000 Title 365
Laidlaw Robert G -- Accommodation
Laidlaw Robert G -- Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huntsman Jeffrey J $210,000
Previous Owner Laidlaw Robert G $95,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/15/2016 03/15/16 Sold $385,000 0.0% $308 / Sq Ft View Prior Sale
03/15/2016 03/15/16 Sold $385,000 -3.7% $308 / Sq Ft
02/03/2016 02/03/16 Pending -- -- --
02/03/2016 02/03/16 Pending -- -- --
01/21/2016 01/21/16 Price Changed $399,900 -5.9% $320 / Sq Ft
11/18/2015 11/18/15 Price Changed $425,000 -5.3% $341 / Sq Ft
10/20/2015 10/20/15 Price Changed $449,000 -0.2% $360 / Sq Ft
10/20/2015 10/20/15 For Sale $450,000 -8.1% $361 / Sq Ft
08/14/2015 08/14/15 For Sale $489,900 -- $393 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,037 $455,756 $355,136 $100,620
2024 $6,037 $446,821 $348,173 $98,648
2023 $5,951 $438,061 $341,347 $96,714
2022 $5,768 $429,472 $334,654 $94,818
2021 $5,686 $421,052 $328,093 $92,959
2019 $5,561 $408,564 $318,362 $90,202
2018 $5,285 $400,554 $312,120 $88,434
2016 $2,667 $182,273 $72,909 $109,364
2015 $2,594 $179,536 $71,814 $107,722
2014 $2,568 $176,020 $70,408 $105,612
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG15229401

California Regional Multiple Listing Service (CRMLS)

APN: 8431-018-010