NOT LISTED FOR SALE

723 E Merced Ave West Covina, CA 91790

Estimated Value: $674,000 - $886,000

4 Beds
3 Baths
1,502 Sq Ft
$541/Sq Ft Est. Value

Sale Details

Date Sold: October 2, 2012

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

Est. 123% increase in value since last sale

Current estimated payment $4,791 / mo

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

Treelane Realty Group Inc. License #01864986 Listed on: 08/05/2012

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

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

Year Built

Built in 1955

Lot Details

9,125 Sq Ft Lot

Parking

2

Listing Details

  • Assessments: No
  • Inclusions: KITCHEN APPLICANCES AND WINDOWS BLINDS
  • 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
  • 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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 5, 2012
Closed on
Sep 12, 2012
Sold by
Bought by
Seller's Agent
Jing Li
Treelane Realty Group Inc.
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
$812,885

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$447,885
Avg. Annual Appreciation
6.03%
Original Mortgage
$175,000
Outstanding Balance
$130,225
Interest Rate
5.25%
Mortgage Type
New Conventional
Estimated Equity
$682,660

Purchase Details

Closed on
Feb 16, 2012
Sold by
Bought by

Purchase Details

Closed on
Mar 19, 2007
Sold by
Bought by

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
Bought by
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$365,000 Fatcola
$230,000 Accommodation
$489,000 Southland Title
-- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $5,718 $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

  • Jing Li

    Seller's Agent in 2012

    Jing Li

    Treelane Realty Group Inc.

    (626) 319-7292

    5 Total Sales

    Jing Li
    Section Image

  • K

    Seller Co-Listing Agent in 2012

    Kevin Li

    Treelane Realty Group Inc.

    Section Image

  • H

    Buyer's Agent in 2012

    Harry Shang

    Honghua Shang, Broker

    (626) 283-6693

    66 Total Sales

    Harry Shang
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: A12097985

California Regional Multiple Listing Service (CRMLS)

APN: 8488-021-012

California Los Angeles County West Covina 91790

723 E Merced Ave, West Covina, CA

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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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