NOT LISTED FOR SALE

589 E Algrove St Covina, CA 91723

Estimated Value: $850,000 - $949,000

4 Beds
2 Baths
1,477 Sq Ft
$605/Sq Ft Est. Value

Last Sold February 09, 2024

Last sale price $870,000 $589 Per Sq Ft

Est. 3% increase in value since last sale

Current estimated payment $5,536/month

4 Days on Market

Highlights

  • Updated Kitchen
  • Open Floorplan
  • No HOA
  • South Hills High School Rated A-
  • Quartz Countertops
  • Beamed Ceilings

About This Home

As of February 2024

Welcome to your dream home in Covina! This newly renovated 4-bedroom, 2-bathroom residence is the epitome of modern comfort and style. As you step through the front door, you are greeted by a spacious and light-filled living area, seamlessly connected to an open-concept kitchen. The kitchen boasts brand-new appliances, sleek countertops, and ample cabinet space, making it a perfect hub for culinary adventures.

The four bedrooms offer generous space, with windows allowing natural light to fill each room. The master bedroom is a private oasis, complete with an ensuite bathroom for added convenience. The additional bathroom has also been tastefully updated, featuring contemporary fixtures and finishes.

This home is designed for both relaxation and entertainment, with a well-manicured backyard offering a serene retreat. Whether you're hosting gatherings or enjoying a quiet evening under the stars, the outdoor space is a delightful extension of the living areas.

Conveniently located in Covina, this property provides easy access to local amenities, schools, and parks. With its modern updates and thoughtful design, this home is ready to welcome you into a lifestyle of comfort and sophistication. Don't miss the opportunity to make this stunning property your new home!

Last Agent to Sell the Property

Joanne Markanian

First Team Real Estate License #01758521 Listed on: 01/14/2024

First Team Real Estate

Last Buyer's Agent

David Del Real

Realty Masters & Associates License #02109753

Realty Masters & Associates

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,566

Year Built

  • Built in 1955 | Remodeled

Lot Details

  • 7,430 Sq Ft Lot
  • Property is zoned CVR1*

Parking

  • 2 Car Attached Garage
  • 2 Open Parking Spaces
  • Parking Available
  • Front Facing Garage
  • Two Garage Doors

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,477 Sq Ft Home
  • 1-Story Property
  • Open Floorplan
  • Beamed Ceilings
  • Wood Burning Fireplace
  • Living Room with Fireplace
  • Vinyl Flooring

Kitchen

  • Updated Kitchen
  • Gas Range
  • Free-Standing Range
  • Microwave
  • Dishwasher
  • Quartz Countertops

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Exterior Lighting
  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 44
  • Tax Tract Number 20242
  • Assessor Parcel Number 8446022018
  • $557 per year additional tax assessments

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,566

Year Built

Built in 1955 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: CVR1*
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8446022018
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1477.00 Square Feet
  • Interior Amenities: Beamed Ceilings, Open Floorplan, Quartz Counters
  • Stories: 1
  • Entry Location: Front Door
  • Common Walls: No Common Walls
  • Flooring: Vinyl
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Living Room, Wood Burning
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 589.03
  • Room Type: All Bedrooms Down
  • Room Kitchen Features: Quartz Counters, Remodeled Kitchen

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage, Garage Faces Front, Garage - Two Door
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Free-Standing Range, Gas Range, Microwave
  • Heating Type: Central, Forced Air
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Schools

  • School District: Covina Valley Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7430.00
  • Lot Size Acres: 0.1706

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7430.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4037.22
  • Tax Lot: 44
  • Tax Tract Number: 20242
  • TaxOtherAnnualAssessmentAmount: 557.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 14, 2024
Closed on
Jan 23, 2024
Sold by
Kashou Family Trust
Bought by
Ornelas Joseph and Jacques Nicole
Seller's Agent
Joanne Markanian
First Team Real Estate
Buyer's Agent
David Del Real
Realty Masters & Associates
List Price
$849,888
Sold Price
$870,000
Premium/Discount to List
$20,112
2.37%
Views
47
Current Estimated Value
$893,878

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$23,878
Avg. Annual Appreciation
1.43%
Original Mortgage
$174,000
Outstanding Balance
$78,932
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$811,471

Purchase Details

Closed on
May 31, 2023
Sold by
Rhodus Family Revocable Living Trust
Bought by
Kashou Family Trust

Purchase Details

Closed on
Mar 31, 2023
Sold by
Rhodus Family Revocable Living Trust
Bought by
Rhodus Family Revocable Living Trust

Purchase Details

Closed on
Dec 23, 1996
Sold by
Rhodus William A
Bought by
Rhodus William A and Rhodus Beverly A
Source: Public Records

Range of Values:

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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
Ornelas Joseph $870,000 Ticor Title
Kashou Family Trust $535,000 Lawyers Title Company
Rhodus Family Revocable Living Trust -- Lawyers Title
Rhodus William A -- --
Rhodus William A -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ornelas Joseph $174,000
Open Ornelas Joseph $696,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/09/2024 02/09/24 Sold $870,000 +2.4% $589 / Sq Ft
01/18/2024 01/18/24 Pending -- -- --
01/14/2024 01/14/24 For Sale $849,888 -- $575 / 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 $9,566 $887,400 $702,474 $184,926
2024 $9,566 $776,016 $632,400 $143,616
2023 $1,406 $79,346 $30,836 $48,510
2022 $1,387 $77,791 $30,232 $47,559
2021 $1,359 $76,267 $29,640 $46,627
2019 $1,332 $74,007 $28,762 $45,245
2018 $1,222 $72,557 $28,199 $44,358
2017 $1,199 $71,136 $27,647 $43,489
2016 $1,143 $69,742 $27,105 $42,637
2015 $1,114 $68,695 $26,698 $41,997
2014 $1,108 $67,351 $26,176 $41,175
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW24007333

California Regional Multiple Listing Service (CRMLS)

APN: 8446-022-018