NOT LISTED FOR SALE

723 E Merced Ave West Covina, CA 91790

Estimated Value: $716,000 - $925,000

4 Beds
3 Baths
1,502 Sq Ft
$563/Sq Ft Est. Value

Last Sold October 02, 2012

Last sale price $365,000 $243 Per Sq Ft

Est. 132% increase in value since last sale

Current estimated payment $4,953/month

16 Days on Market

Highlights

  • Wood Flooring
  • Bonus Room
  • Great Room
  • Edgewood High School Rated A-
  • Corner Lot
  • 2-minute walk to Walmerado Park

About This Home

As of October 2012

LOCATION! LOCATION! IN THE DESIRABLE CENTRAL WEST COVINA, A 30 SECOND WALK TO PARK AND MIDDLE SCHOOL, MINS TO HK2 MARKET AND MANY RESTAURANTS, AND WEST FIELD SHOPPING MALL. THE NEWLY REMODELED HOME HAS OVER 9000 SQFT OF LAND, A 1140 SQFT 3 BED 2 BATH FRONT HOUSE AND A 362 SQFT DETACHED 1 BED 1 BATH ALL REDONE WITH FRESH INTERIOR AND EXTEROR PAINT. THE FRONT HOUSE FEATURES HARDWOOD FLOORS THROUGHOUT, LIBRARY IN 3RD BEDROOM, NEW WATER HEATER, NEW STAINLESS STEEL APPLIANCES, AND NEW WOOD BLINDS THROUGHOUT THE HOUSE. THE BATHROOMS ARE UPDATED WITH NEW TILES, TUB WALL, AND FIXTURES. BEHIND THE DETACHED GARAGE IS THE LARGE ATTACHED UNPERMITTED GUEST ROOM OR GAME ROOM WITH 3/4 BATH AND A SEPARATE WATER HEATER. THE YARD ALSO HAS A LARGE STORAGE/TOOL SHED. THE OWNER RENEWED THE HOUSE AND KEPT ITS UNIQUE CHARM. BE THE FIRST TO MAKE IT YOUR HOME. IT WILL NOT LAST, MUST SEE! UPDATE: GUEST HOUSE WINDOWS ARE BEING REPLACED.

Last Agent to Sell the Property

Jing Li

Treeline Realty & Investment License #01864986 Listed on: 08/05/2012

Treeline Realty & Investment

Co-Listed By

Kevin Li

Treelane Realty Group Inc. License #01905813

Last Buyer's Agent

Harry Shang

Honghua Shang, Broker License #01833183

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,633

Year Built

  • Built in 1955

Lot Details

  • 9,125 Sq Ft Lot
  • Wood Fence
  • Chain Link Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Private Yard

Parking

  • 2 Car Garage

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 1,502 Sq Ft Home
  • Entryway
  • Great Room
  • Family Room
  • Living Room
  • Bonus Room
  • Wood Flooring
  • Laundry Room

Kitchen

  • Eat-In Kitchen
  • Oven
  • Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms

Utilities

  • Forced Air Heating and Cooling System

Community Details

  • No Home Owners Association
  • Laundry Facilities

Listing and Financial Details

  • Tax Lot 172
  • Tax Tract Number 20520
  • Assessor Parcel Number 8488021012

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,633

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: KITCHEN APPLICANCES AND WINDOWS BLINDS
  • Other Phone Description: CO- LISTING
  • Other Phone Number: 6263750365
  • Property Attached: No
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8488021012
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1502.00
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 3
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: Area
  • Levels: One
  • Price Per Square Foot: 243.01
  • Room Type: Bonus Room, Entry, Family Room, Great Room, Living Room

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link, Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Disposal, Oven, Range, Refrigerator
  • Heating Type: Forced Air
  • Laundry Features: Common Area
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Lot Info

  • Lot Features: Lot 6500-9999, Corner Lot, Sprinklers In Front, Sprinklers In Rear, Yard
  • Lot Size Sq Ft: 9125.00
  • Lot Size Acres: 0.2090

Multi Family

  • Lease Considered: No
  • Lot Size Area: 9125.0000 Square Feet

Tax Info

  • Tax Lot: 172
  • Tax Tract Number: 20520

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2012
Closed on
Sep 12, 2012
Sold by
Southwest Reo Auction Llc
Bought by
Yu Shuangwu
Seller's Agent
Jing Li
Treeline Realty & Investment
Buyer's Agent
Harry Shang
Honghua Shang, Broker
List Price
$358,000
Sold Price
$365,000
Premium/Discount to List
$7,000
1.96%
Current Estimated Value
$845,687

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$480,687
Avg. Annual Appreciation
6.68%
Original Mortgage
$175,000
Outstanding Balance
$130,225
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$715,462

Purchase Details

Closed on
Feb 16, 2012
Sold by
Vansimaeys Irene
Bought by
Southwest Reo Auction Llc

Purchase Details

Closed on
Mar 19, 2007
Sold by
Despain Patricia A and The James Leo Fahey Revocable
Bought by
Vansimaeys Irene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$366,750
Interest Rate
7.85%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 13, 2006
Sold by
Fahey James Leo
Bought by
Fahey James Leo and Fahey James Leo
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Yu Shuangwu $365,000 Fatcola
Southwest Reo Auction Llc $230,000 Accommodation
Vansimaeys Irene $489,000 Southland Title
Fahey James Leo -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yu Shuangwu $175,000
Previous Owner Vansimaeys Irene $366,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/02/2012 10/02/12 Sold $365,000 +2.0% $243 / Sq Ft
09/27/2012 09/27/12 Price Changed $358,000 0.0% $238 / Sq Ft
08/21/2012 08/21/12 Pending -- -- --
08/05/2012 08/05/12 For Sale $358,000 -- $238 / 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 $5,633 $449,461 $246,282 $203,179
2024 $5,633 $440,649 $241,453 $199,196
2023 $5,353 $432,010 $236,719 $195,291
2022 $5,398 $423,540 $232,078 $191,462
2021 $5,248 $415,236 $227,528 $187,708
2019 $5,109 $402,922 $220,780 $182,142
2018 $4,878 $395,022 $216,451 $178,571
2016 $4,466 $379,685 $208,047 $171,638
2015 $4,376 $373,982 $204,922 $169,060
2014 $4,351 $366,657 $200,908 $165,749
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: A12097985

California Regional Multiple Listing Service (CRMLS)

APN: 8488-021-012