NOT LISTED FOR SALE

741 E Merced Ave West Covina, CA 91790

Estimated Value: $779,667 - $875,000

3 Beds
2 Baths
1,162 Sq Ft
$701/Sq Ft Est. Value

Last Sold December 14, 2016

Last sale price $490,000 $422 Per Sq Ft

Est. 66% increase in value since last sale

Current estimated payment $4,901/month

12 Days on Market

Highlights

  • RV Access or Parking
  • Traditional Architecture
  • Granite Countertops
  • West Covina High School Rated A-
  • High Ceiling
  • 3-minute walk to Walmerado Park

About This Home

As of December 2016

THIS AMAZING HOME IS SITUATED IN A GREAT AREA OF WEST COVINA. IT FEATURES 3 SPACIOUS BEDROOMS AND 2 FLOOR TILED BATHROOMS. THIS HOME BOASTS NEWER LAMINATE FLOORING THOUGH OUT AND FEATURES A TASTEFULLY REMODELED KITCHEN WITH NEWER GRANITE COUNTER TOPS. THIS PROPERTY HAS CENTRAL AIR AND HEAT AND HAS RV PARKING THAT LEADS TO A NICE SIZE BACKYARD FOR ENTERTAINING. THIS HOME IS CENTRALLY LOCATED TO MANY FREEWAYS,SHOPPING CENTERS AND SCHOOLS. THIS IS A MUST SEE!

Last Agent to Sell the Property

EVERADO VELEZ

Quality Homes & Loans, Inc. License #01298131 Listed on: 11/16/2016

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,975

Year Built

  • Built in 1955 | Remodeled

Lot Details

  • 8,541 Sq Ft Lot
  • Back and Front Yard
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage
  • Parking Available
  • Front Facing Garage
  • Driveway
  • RV Access or Parking

Home Design

  • Traditional Architecture
  • Interior Block Wall
  • Shingle Roof

Interior Spaces

  • 1,162 Sq Ft Home
  • High Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Workshop

Kitchen

  • Microwave
  • Granite Countertops
  • Disposal

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Outdoor Features

  • Patio
  • Exterior Lighting

Utilities

  • Forced Air Heating and Cooling System
  • High-Efficiency Water Heater

Community Details

  • No Home Owners Association
  • Valley

Listing and Financial Details

  • Tax Lot 169
  • Tax Tract Number 20520
  • Assessor Parcel Number 8488021009

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,975

Year Built

Built in 1955 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: No
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 8488021009
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1162.00 Square Feet
  • Interior Amenities: Block Walls, Ceiling Fan(s), Granite Counters, High Ceilings
  • Common Walls: 2+ Common Walls
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 421.69
  • Room Type: All Bedrooms Down, Workshop
  • Window Features: Double Pane Windows

Exterior Features

  • Patio: Yes
  • Patio And Porch Features: Patio
  • Pool Private: No
  • Roof: Shingle

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Garage Faces Front, RV Access/Parking
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Disposal, High Efficiency Water Heater, Microwave
  • Heating Type: Central, Forced Air
  • Laundry Features: Gas & Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Storm Drains, Street Lights, Valley

Schools

  • School District: West Covina

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Back Yard, Front Yard
  • Lot Size Sq Ft: 8541.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Lot: 169
  • Tax Tract Number: 20520

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2016
Closed on
Dec 2, 2016
Sold by
Acosta Artenio
Bought by
Wang Feiyu
Seller's Agent
EVERADO VELEZ
Quality Homes & Loans, Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$495,000
Sold Price
$490,000
Premium/Discount to List
-$5,000
-1.01%
Current Estimated Value
$814,917

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$324,917
Avg. Annual Appreciation
5.96%

Purchase Details

Closed on
Aug 20, 2008
Sold by
Downey Sla Fa
Bought by
Acosta Artemio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,000
Interest Rate
6.49%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 24, 2008
Sold by
Mitchell Larry
Bought by
Downey Sla Fa

Purchase Details

Closed on
Jan 18, 2007
Sold by
Mitchell Larry and Mitchell Brian
Bought by
Mitchell Brian

Purchase Details

Closed on
Oct 23, 2006
Sold by
Mitchell Larry
Bought by
Mitchell Larry

Purchase Details

Closed on
Jan 11, 2006
Sold by
Mitchell Brian
Bought by
Mitchell Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$320,000
Interest Rate
6.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 2, 2002
Sold by
Michalewicz Tony
Bought by
Mitchell Brian

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$50,000
Interest Rate
6.71%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Wang Feiyu $490,000 Fidelity National Title Co
Acosta Artemio $275,000 Lawyers Title
Downey Sla Fa $277,500 None Available
Mitchell Brian -- First American Title Co
Mitchell Larry -- Accommodation
Mitchell Larry $406,500 Fidelity Natl Title Mclpc
Mitchell Brian $200,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Acosta Artemio $220,000
Previous Owner Mitchell Larry $320,000
Previous Owner Mitchell Brian $50,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/14/2016 12/14/16 Sold $490,000 -1.0% $422 / Sq Ft
11/28/2016 11/28/16 Pending -- -- --
11/16/2016 11/16/16 For Sale $495,000 -- $426 / 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 $6,975 $568,681 $398,078 $170,603
2024 $6,975 $557,531 $390,273 $167,258
2023 $6,623 $546,600 $382,621 $163,979
2022 $6,682 $535,883 $375,119 $160,764
2021 $6,495 $525,376 $367,764 $157,612
2019 $6,323 $509,795 $356,857 $152,938
2018 $6,058 $499,800 $349,860 $149,940
2016 $3,599 $299,144 $232,247 $66,897
2015 $3,529 $294,652 $228,759 $65,893
2014 $3,511 $288,881 $224,278 $64,603
Source: Public Records

Agents Affiliated with this Home

  • EVERADO VELEZ

    Seller's Agent in 2016

    EVERADO VELEZ

    Quality Homes & Loans, Inc.

    (626) 523-8954

    3 Total Sales

    EVERADO VELEZ
    Section Image

  • N

    Buyer's Agent in 2016

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    1 in this area

    5,931 Total Sales

    NoEmail NoEmail
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16748715

California Regional Multiple Listing Service (CRMLS)

APN: 8488-021-009

California Los Angeles County West Covina 91790

741 E Merced Ave, West Covina, CA

This home is located at 741 E Merced Ave, West Covina, CA 91790 since 16 November 2016 and is currently estimated at $814,917, approximately $701 per square foot. This property was built in 1955. 741 E Merced Ave is a home located in Los Angeles County with nearby schools including Merlinda Elementary School, Walnut Grove Intermediate School, and West Covina High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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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