NOT LISTED FOR SALE

547 S Rancho Del Monico Rd Covina, CA 91724

Estimated Value: $1,156,523 - $1,574,000

0.56 Acre
$2,377,600 Price per Acre
24,598 Sq Ft Lot

Last Sold May 15, 2020

Last sale price $180,000 $68 Per Sq Ft

Est. 646% increase in value since last sale

Current estimated payment $7,700/month

1 Day on Market

Highlights

  • 0.56 Acre Lot
  • Canyon View
  • No HOA
  • Royal Oak Middle School Rated 9+
  • Lawn

About This Lot

As of May 2020

This home is located at 547 S Rancho Del Monico Rd, Covina, CA 91724 since 19 March 2020 and is currently estimated at $1,342,631, approximately $507 per square foot. 547 S Rancho Del Monico Rd is a home located in Los Angeles County with nearby schools including Badillo Elementary School, Royal Oak Middle School, and Charter Oak High School.

Last Agent to Sell the Property

Ting Chu

IRN REALTY License #01912651 Listed on: 03/19/2020

IRN REALTY

Last Buyer's Agent

Sandar West

RE/MAX INNOVATIONS License #01334160

RE/MAX INNOVATIONS

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,325

Lot Details

  • 0.56 Acre Lot
  • Lawn
  • Property is zoned CVR110000*

Property Views

  • Canyon
  • Hills

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Legal Lot and Block 3 / 2
  • Assessor Parcel Number 8447024047

Property Details

Property Type

Land

Est. Annual Taxes

$7,325

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: CVR110000*
  • Property Type: Land
  • Parcel Number: 8447024047
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 7.32

Exterior Features

  • View: Canyon, Hills

Utilities

  • Water Source: Other

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lawn
  • Lot Size Sq Ft: 24599.00
  • Lot Size Acres: 0.5647

Multi Family

  • Lot Size Area: 24599.0000 Square Feet

Tax Info

  • Tax Block: 2
  • Tax Census Tract: 4036.00
  • Tax Lot: 3

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 19, 2020
Closed on
Mar 17, 2020
Sold by
Necke Robin M and Necke Brian A
Bought by
Necke Robin M and Necke Brian A
Seller's Agent
Ting Chu
IRN REALTY
Buyer's Agent
Sandar West
RE/MAX INNOVATIONS
List Price
$180,000
Sold Price
$180,000
Current Estimated Value
$1,342,631

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$1,162,631
Avg. Annual Appreciation
43.52%

Purchase Details

Closed on
Oct 25, 2011
Sold by
Deutsche Bank National Trust Company
Bought by
Necke Robin M and Necke Brian A

Purchase Details

Closed on
Nov 19, 2010
Sold by
Abad Mario Eric
Bought by
Deutsche Bank National Trust Company

Purchase Details

Closed on
Sep 22, 2000
Sold by
Cope Robert S Tr Cope Family Trust
Bought by
Abad Mario Eric

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$372,000
Interest Rate
9.12%
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
Necke Robin M -- None Available
Necke Robin M $471,000 Lsi Title Company
Deutsche Bank National Trust Company $550,000 Pacific Coast Title
Abad Mario Eric $465,000 Southland Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Abad Mario Eric $672,000
Previous Owner Abad Mario Eric $512,000
Previous Owner Abad Mario Eric $128,000
Previous Owner Abad Mario Eric $585,000
Previous Owner Abad Mario Eric $372,000
Closed Abad Mario Eric $93,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/15/2020 05/15/20 Sold $180,000 0.0% $68 / Sq Ft
03/20/2020 03/20/20 Pending -- -- --
03/19/2020 03/19/20 For Sale $180,000 0.0% $68 / Sq Ft
02/27/2014 02/27/14 Rented $3,500 -17.6% --
01/28/2014 01/28/14 Under Contract -- -- --
12/11/2013 12/11/13 For Rent $4,250 +7.6% --
10/03/2012 10/03/12 Rented $3,950 -6.0% --
10/03/2012 10/03/12 Under Contract -- -- --
07/19/2012 07/19/12 For Rent $4,200 -- --
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 $7,325 $596,736 $414,242 $182,494
2024 $7,325 $585,036 $406,120 $178,916
2023 $7,155 $573,565 $398,157 $175,408
2022 $7,071 $562,319 $390,350 $171,969
2021 $6,791 $551,295 $382,697 $168,598
2019 $6,648 $534,946 $371,347 $163,599
2018 $6,266 $524,458 $364,066 $160,392
2016 $5,977 $504,095 $349,930 $154,165
2015 $5,951 $496,524 $344,674 $151,850
2014 $5,949 $486,799 $337,923 $148,876
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS20060535

California Regional Multiple Listing Service (CRMLS)

APN: 8447-024-034