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1240 Center Court Drive

1240 Center Court Drive, Covina, CA 91724
Property in Covina
Sold Jun 16, 2020
$643,000
$417,950 by Preferred Bank
Mortgage Due Jul 01, 2050
Sold Feb 21, 2014
$562,500
$444,000 by Pmac Lending Services Inc
Mortgage Due Mar 01, 2044
Local assessors in Covina, CA have categorized 1240 Center Court Drive as a residential type of property. The home was built in 2006 and is 18 years old. The property's lot size has been calculated to be 137,537 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a condo style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 0 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 3 full bathrooms. There are also 3 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 1240 Center Court Drive has a total of 2,208 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. Residents rely on central air conditioning for their cooling system. The home's a central heating system is the primary heating source. The property was last sold in Jun 9, 2020 for $643,000. That's $291.21 per sqft. Prior to that sales transaction, the property was also sold in Jan 31, 2014 for $562,500. 1240 Center Court Drive was last assessed in 2023. The total value of the property was assessed at $675,905. Specifically, the land the property is located on was valued at $344,785. While improvements on the property were assessed at a total of $331,120. The total assessed value for this property is more than the total market value as of this moment. Which is pretty atypical. The total amount of taxes due from a property owner is $8,604. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 2006
  • Effective Year Built: 2006
  • Building Count: 1
  • Bedroom Count: 3
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Condo
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 137,537
  • Total Building Area: 2,208
  • Building Area: 2,208
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 2,208
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ALDERWOOD
  • Land Acres: 3.157
  • Standard Land Use Code: Condominium unit (residential)
  • Legal Description 1: TR=62265 POR LOT 1,ALL LOT 2 PH 1 CONDO UNIT 21 (AIRSPACE 1/12 INT IN C/AREA)

Ownership

  • Current Owner : WU YUJUN
  • Current Owner 2: WANG JUNZHI
  • Previous Owner : SALAS LIZETTE
  • Owner Before Previous Owner: SONG INYOUNG
  • Is Owner Occupied: Owner-occupied property

Neighborhood

  • School District Name: Covina-Valley Unified School District
  • Census Tract: 403601

Zoning

  • Zoning: CVAIPCD*

Geography

  • Subdivision Tract Number: 62265
  • Parcel: 8447-031-067
  • Lot: 1,2
  • Municipality: EAST /57W 10S TO VLLY
  • Latitude: 34.0726
  • Longitude: -117.865

    Address

  • Full Address: 1240 Center Court Dr
  • Address - House Number: 1240
  • Address - Street Name: Center Court
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Covina
  • Carrier Code: C061
  • 4-Digit Zip Code: 3601
  • Zip Code: 91724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $8,604
  • Tax Rate Code Area: 03-064

    Appraisal Valuation

  • Standard Deviation: 0.2107
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 71
  • Final Value: 779,444
  • High Value: 943,719
  • Low Value: 615,169

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $417,950
  • First Open Lien Mortgage Lender: PREFERRED BANK
  • First Open Lien Mortgage Recording Date: Jun 16, 2020
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $417,950
  • 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: Jul 01, 2050

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $675,905
  • Assessed Land Value: $344,785
  • Assessed Improvements Value: $331,120

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Jun 09, 2020
  • Current Sale Recording Date: Jun 16, 2020
  • Current Sale Transaction ID: 11767757633
  • Current Sale Price: $643,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 20-0655420
  • Previous Sale Recording Date: Feb 21, 2014
  • Previous Sale Contract Date: Jan 31, 2014
  • Previous Sale Amount: $562,500
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: PREFERRED BANK
  • First Mortgage Transaction Date: Jun 16, 2020
  • First Mortgage Loan Amount: $417,950
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2050

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: PMAC LENDING SERVICES INC
  • Previous Mortgage Transaction Date: Feb 21, 2014
  • Previous Mortgage Loan Amount: $444,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Mar 01, 2044

About Covina



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Frequently Asked Questions

What neighborhood is 1240 Center Court Drive located in?
The 1240 Center Court Drive is a located in the neighborhood of Covina in Covina, Covina.
What is the average sales price for listings in 1240 Center Court Drive?
The average sales price for units in 1240 Center Court Drive is $0 currently.

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