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1056 Holiday Drive

1056 Holiday Drive, West Covina, CA 91791
Property in East Hills
Sold Aug 17, 2021
$2,258,000
$1,030,000 by Finance Of America Mortgage Ll
Mortgage Due Sep 01, 2051
Sold Nov 13, 2017
$1,580,000
1056 Holiday Drive in West Covina, CA was first built in 1989 and is 35 years old. Although, the building on the property was most recently renovated and altered in 1992. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a contemporary style. There are a total of 2 floors. There are a total of 11 rooms in the home, of which, 6 are bedrooms. In terms of bathrooms, there are a total of 6 full bathrooms. There are 6 partial bathrooms. 1056 Holiday Drive has 5,396 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. In total, the area measurement of the land is 23,095 square feet.

Learn more about the property and building on this page. For those who love swimming as a form of exercise, you'll be excited to find out that there is a pool on the property. The roof of the home is made of tile. Water for the property is sourced from a municipal system. The home is connected to a municipal sewage system. So as a homeowner, you won't have to worry about the responsibilities of handling a septic tank but you may need to pay additional fees to have your wastewater disposed. There are a total of 3 available parking spaces. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The quality of the control joints have been graded by the local assessor with a letter grade of A. The condition of the building has been evaluated as good. The exterior walls of the home are made of stucco. Walk into the home itself and you'll find that it is currently being cooled with central air conditioning. As for heating, the home is utilizing a central heating system. There is a fireplace in the home! Just imagine how amazing it would be to curl up in front of a cozy fireplace during those chilly winter nights. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 1056 Holiday Drive sold most recently in Aug 3, 2021 for a total of $2,258,000. If you work out the math, that's approximately a cost of $418.46 per sqft. Before that, the property was also sold for $1,580,000 in Aug 28, 2017. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $28,073 in taxes each year. The initial year of tax delinquency occurred in 2021. 1056 Holiday Drive was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $2,303,160. If we break it down further, the land itself was valued at $1,283,160. Improvements to the property, however, were assessed at a total of $1,020,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. The process of purchasing a home may seem daunting and challenging for many first-time prospective homebuyers. No worries! We've broken down the overall homebuying process into detailed steps and have also included a breakdown on the general amount of time you'll need for each step you have to take. For example, most people don't know that the most important first step of any home buying process is to get pre-approved for a mortgage! With a few months of hard work, you will soon be the proud owner of your property and home.Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

Building Features

Parking

Garage Parking
This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1989
  • Effective Year Built: 1992
  • Building Count: 1
  • Total Rooms: 11
  • Bedroom Count: 6
  • Bathroom Count: 6
  • Full Bathrooms: 6
  • Partial Bathrooms: 6
  • Building Condition: Good
  • Building Quality: A
  • Construction Type: Wood
  • Building Style: Contemporary
  • Exterior Walls Type: Stucco
  • Roof Cover Type: Tile
  • Floor Count: 2
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 3
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 23,095
  • Total Building Area: 5,396
  • Building Area: 5,396
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 5,396
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: Municipal
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: 33835
  • Land Acres: 0.53
  • Standard Land Use Code: Single family residential
  • Legal Description 1: *TR=33835 LOT/SEC 28

Ownership

  • Current Owner : CHANG YA CHI
  • Previous Owner : WANG FUXIU
  • Previous Owner 2: SONG YUCAI
  • Owner Before Previous Owner: CYBAER LLC
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Covina-Valley Unified School District
  • Census Tract: 406300

Zoning

  • Zoning: WCR140000&

Geography

  • Assessors Map Reference: 93-A3
  • Subdivision Tract Number: 33835
  • Parcel: 8277-042-007
  • Lot: 28
  • Municipality: EAST /W. COVINA HILLS
  • Latitude: 34.0506
  • Longitude: -117.867

    Address

  • Full Address: 1056 Holiday Dr
  • Address - House Number: 1056
  • Address - Street Name: Holiday
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: West Covina
  • Carrier Code: C063
  • 4-Digit Zip Code: 3481
  • Zip Code: 91791

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $28,073
  • Intital Tax Deliquent Year: 2021
  • Tax Rate Code Area: 03-816

    Appraisal Valuation

  • Standard Deviation: 0.2187
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 2,226,718
  • High Value: 2,713,917
  • Low Value: 1,739,519

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $1,030,000
  • First Open Lien Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Open Lien Mortgage Recording Date: Aug 17, 2021
  • First Open Lien Mortgage Loan Amount: $1,030,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $2,303,160
  • Assessed Land Value: $1,283,160
  • Assessed Improvements Value: $1,020,000

    Sales

  • Current Sale Contract Date: Aug 03, 2021
  • Current Sale Recording Date: Aug 17, 2021
  • Current Sale Transaction ID: 11849370117
  • Current Sale Price: $2,258,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1257349
  • Previous Sale Recording Date: Nov 13, 2017
  • Previous Sale Contract Date: Aug 28, 2017
  • Previous Sale Amount: $1,580,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FINANCE OF AMERICA MORTGAGE LL
  • First Mortgage Transaction Date: Aug 17, 2021
  • First Mortgage Loan Amount: $1,030,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2051

About East Hills



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Frequently Asked Questions

What neighborhood is 1056 Holiday Drive located in?
The 1056 Holiday Drive is a located in the neighborhood of East Hills in East Hills, West Covina.
What is the average sales price for listings in 1056 Holiday Drive?
The average sales price for units in 1056 Holiday Drive is $0 currently.

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