621 Wrede Way West Covina, CA 91791
South Hills Neighborhood
4
Beds
3
Baths
2,580
Sq Ft
3.45
Acres
Highlights
- Community Stables
- Horse Property
- All Bedrooms Downstairs
- Mesa Elementary School Rated A-
- Above Ground Pool
- Panoramic View
About This Home
As of May 2017Fantastic opportunity to own one of West Covina's "South Hills" largest & most unique properties. Located just between N. Grand Ave & E Cortez St., this 3.45 acre "South Hills" property is a developer or architecture aficionado's dream. This fantastic property sits above a beautiful West Covina neighborhood & features an incredible panoramic view. At the center of the property is a very unique 4 bed / 3 bath, 2,580 sqft home designed by famous architect Richard J. Neutra. The home feels like part of the environment; built with large pains of glass, stone, stucco, & wood. The home is a fixer. It's amenities need rehab if new owner chooses to keep it. The home has a large kitchen and living room with tremendous views. The fireplace is designed to face both the kitchen & living-room & is built from "fossilized" stone. The Master faces the North-East side of the property that is visible through enormous glass windows. Much of the outside of the house is also designed into the environment with "fossilized" stone and wood. There is a pool, koi-pond, fire-pit, horse-area... all surrounded by giant oaks, pastures, & lawns. The property all includes 14 shares of water-stock; more then enough for a sub-division. The property needs work but is an amazing find!
Last Agent to Sell the Property
KALEO REAL ESTATE COMPANY License #01795808 Listed on: 05/21/2014
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $23,667
Year Built
- Built in 1955
Lot Details
- 3.45 Acre Lot
Home Design
- Custom Home
- Major Repairs Completed
- Fixer Upper
- Tar and Gravel Roof
- Stone Roof
Interior Spaces
- 2,580 Sq Ft Home
- Family Room with Fireplace
- Carpet
- Panoramic Views
- Laundry Room
Kitchen
- Breakfast Bar
- Fireplace in Kitchen
Bedrooms and Bathrooms
- 4 Bedrooms
- All Bedrooms Down
- 3 Full Bathrooms
Parking
- 3 Parking Spaces
- 3 Carport Spaces
Outdoor Features
- Above Ground Pool
- Horse Property
- Outdoor Storage
Utilities
- Central Heating and Cooling System
- Conventional Septic
Listing and Financial Details
- Tax Lot 12
- Tax Tract Number 39086
- Assessor Parcel Number 8277035012
Community Details
Recreation
- Community Stables
- Horse Trails
Additional Features
- No Home Owners Association
- Laundry Facilities
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Feb 2, 2017
Closed on
Apr 28, 2017
Sold by
W Squared Partners Llc
Bought by
Brill Eric S and Brill Ana I M
Seller's Agent
Nate Cole
Suprstructur
Buyer's Agent
Nate Cole
Suprstructur
List Price
$1,795,000
Sold Price
$1,725,000
Premium/Discount to List
-$70,000
-3.9%
Total Days on Market
26
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$675,419
Avg. Annual Appreciation
4.16%
Purchase Details
Listed on
May 21, 2014
Closed on
Jul 18, 2014
Sold by
Gaudy Law Inc
Bought by
W Squared Partners Llc
Seller's Agent
PHILIP SHAHBAZ
KALEO REAL ESTATE COMPANY
Buyer's Agent
PHILIP SHAHBAZ
KALEO REAL ESTATE COMPANY
List Price
$1,250,000
Sold Price
$1,000,000
Premium/Discount to List
-$250,000
-20%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
21.58%
Purchase Details
Closed on
Jun 16, 2003
Sold by
Colbert Gary Lee and The Colbert Family Revocable L
Bought by
Colbert Gary Lee
Similar Homes in the area
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,725,000 | Ticor Title Co Of Ca | |
| Grant Deed | $1,000,000 | Ticor Title | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $938,250 | Credit Line Revolving | |
| Previous Owner | $544,185 | Reverse Mortgage Home Equity Conversion Mortgage |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/05/2017 05/05/17 | Sold | $1,725,000 | -3.9% | $669 / Sq Ft |
| 02/02/2017 02/02/17 | For Sale | $1,795,000 | +79.5% | $696 / Sq Ft |
| 07/22/2014 07/22/14 | Sold | $1,000,000 | 0.0% | $388 / Sq Ft |
| 06/16/2014 06/16/14 | Pending | -- | -- | -- |
| 06/09/2014 06/09/14 | Off Market | $1,000,000 | -- | -- |
| 05/23/2014 05/23/14 | Price Changed | $1,000,000 | -20.0% | $388 / Sq Ft |
| 05/21/2014 05/21/14 | For Sale | $1,250,000 | -- | $484 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $23,667 | $1,962,750 | $1,137,828 | $824,922 |
| 2023 | $23,223 | $1,924,266 | $1,115,518 | $808,748 |
| 2022 | $22,913 | $1,886,537 | $1,093,646 | $792,891 |
| 2021 | $22,586 | $1,849,547 | $1,072,202 | $777,345 |
| 2019 | $21,876 | $1,794,690 | $1,040,400 | $754,290 |
| 2018 | $21,018 | $1,759,500 | $1,020,000 | $739,500 |
| 2016 | $12,119 | $1,015,250 | $507,625 | $507,625 |
| 2015 | $11,779 | $1,000,000 | $500,000 | $500,000 |
| 2014 | -- | $211,881 | $91,899 | $119,982 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2017
Nate Cole
Suprstructur
(562) 673-3550
85 Total Sales
-
Ilana Gafni
Seller Co-Listing Agent in 2017
Ilana Gafni
Crosby Doe Associates, Inc.
(310) 275-2222
36 Total Sales
-
PHILIP SHAHBAZ
Seller's Agent in 2014
PHILIP SHAHBAZ
KALEO REAL ESTATE COMPANY
(877) 601-7018
38 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV14105336
APN: 8277-035-012
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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