NOT LISTED FOR SALE

720 S 2nd Ave Covina, CA 91723

Estimated Value: $872,876 - $1,055,000

4 Beds
2 Baths
1,267 Sq Ft
$730/Sq Ft Est. Value

Last Sold April 01, 2021

Last sale price $720,000 $568 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $5,632/month

6 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Back and Front Yard
  • South Hills High School Rated A-
  • Central Air
  • 1-Story Property

About This Home

As of April 2021

The Iconic tree swing house, which has never hit the market in 70 years, is now available. Fully restored from top to bottom this legacy property wont disappoint. Property comes complete with fully permitted ADU. Includes full kitchen, bathroom, laundry area and its own heating and air. City of Covina granted separate address for ADU (722) so you have the benefit of 2 on a lot. Main home is 3/1 and back home is 1/1 studio. Some features of the restoration include all new heating and air (including new ducting), new windows, new paint, new landscaping and irrigation. Beautiful shaker style cabinetry with Calacatta Quartz provide a modern design in the kitchen area. Luxury LVT throughout that feels almost cushioned along with attention to detail at every turn put this home in a league of its own. The backyard features a gravel outdoor area perfect for sitting around the firepit while the accent wall is perfect for a backdrop for outdoor movie watching. Perfect for entertaining, there is a large patio area as well as a lot that has room for many options. The area behind the ADU is perfect for adding and using as extra storage. Both of the original trees (one in front and one in back) have been preserved for the next owner to enjoy. After 70 years, this beautiful home is ready for a new owner as the story of the tree swing has is ready for its next chapter.

Last Agent to Sell the Property

Derek Oie

KW VISION License #01089705 Listed on: 02/16/2021

KW VISION

Last Buyer's Agent

Frank Guard

Globe and Anchor Realty, Inc. License #01741621

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $9,396

Year Built

  • Built in 1950

Lot Details

  • 5,799 Sq Ft Lot
  • Back and Front Yard
  • Property is zoned CVR171/2

Interior Spaces

  • 1,267 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms
  • 2 Full Bathrooms

Utilities

  • Central Air

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 30
  • Tax Tract Number 16643
  • Assessor Parcel Number 8451003050

Home Details

Home Type

Single Family

Est. Annual Taxes

$9,396

Year Built

Built in 1950

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: CVR171/2
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8451003050
  • Year Built: 1950
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1267.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 568.27
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Call Listing Office

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard
  • Lot Size Sq Ft: 5799.00
  • Lot Size Acres: 0.1331

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5799.0000 Square Feet
  • Number Of Units Total: 2

Tax Info

  • Tax Census Tract: 4061.02
  • Tax Lot: 30
  • Tax Tract Number: 16643

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 24, 2020
Sold by
Schneider Marilyn J
Bought by
Obsidian Group Corp
Current Estimated Value
$924,469

Purchase Details

Closed on
May 18, 1999
Sold by
Schneider Harold E
Bought by
Schneider Harold E and Schneider Ann L
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
Carrillobucio Marco $720,000 First American Title Company O
Obsidian Group Corp $308,000 First American Title Company
Schneider Harold E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Carrillobucio Marco $675,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/01/2021 04/01/21 Sold $720,000 -4.0% $568 / Sq Ft
02/23/2021 02/23/21 Pending -- -- --
02/23/2021 02/23/21 For Sale $750,000 +4.2% $592 / Sq Ft
02/22/2021 02/22/21 Off Market $720,000 -- --
02/16/2021 02/16/21 For Sale $675,000 -- $533 / 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 $9,396 $779,349 $606,161 $173,188
2024 $9,396 $764,069 $594,276 $169,793
2023 $9,258 $749,088 $582,624 $166,464
2022 $9,117 $734,400 $571,200 $163,200
2021 $5,342 $416,700 $320,000 $96,700
2020 $1,062 $61,146 $35,839 $25,307
2019 $1,052 $59,948 $35,137 $24,811
2018 $960 $58,774 $34,449 $24,325
2017 $941 $57,623 $33,774 $23,849
2016 $899 $56,494 $33,112 $23,382
2015 $876 $55,646 $32,615 $23,031
2014 $873 $54,557 $31,977 $22,580
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21032305

California Regional Multiple Listing Service (CRMLS)

APN: 8451-003-050