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1450 Lotus Court

1450 Lotus Court, West Covina, CA 91791
Sold Jan 13, 2023
$1,040,000
Buyer
Seller
$500,000 by Jpmorgan Chase Bank Na
Mortgage Due Feb 01, 2053
Sold Oct 31, 2018
$855,000
$355,000 by Pmac Lending Services Inc
Mortgage Due Nov 01, 2048
1450 Lotus Court in West Covina, CA was first built in 2017 and is 7 years old. This has been categorized as a residential property type. There are a total of 0 rooms in the home, of which, 4 are bedrooms. In terms of bathrooms, there are a total of 3 full bathrooms. There are 3 partial bathrooms. 1450 Lotus Court has 2,806 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 3,835 square feet.

Learn more about the property and building on this page. 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 C. Walk into the home itself and you'll find that it is currently being cooled with air conditioning. As for heating, the home is utilizing a central heating system. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1450 Lotus Court was last sold in Jan 9, 2023 for $1,040,000. According to our calculations, that's $370.63 per sqft. Prior to that sales transaction, the property was sold for $855,000 in Oct 10, 2018. Current property owners are expected to pay $10,786 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2020. The property on 1450 Lotus Court was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $898,755. To break that down further, the land itself was valued at $446,750. While improvements to the property were assessed at a total of $452,005. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. Are you already in the process of closing on a property and have signed a purchase agreement? You may want to consider locking in your current mortgage rate if interest rates have been rising or seem volatile. This is what's known in the market as a mortgage rate lock (aka rate protection). However, be sure to evaluate your situation carefully before you do so. There may be certain costs associated with taking this action and you'll want to time the start of your perfectly!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

Building Features

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 2017
  • Effective Year Built: 2017
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Quality: C
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 3,835
  • Total Building Area: 2,806
  • Building Area: 2,806
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: Central heating
  • Heated Square Feet: 2,806
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: TRACT NO. 73043
  • Land Acres: 0.088
  • Standard Land Use Code: Planned unit development (pud residential)
  • Legal Description 1: TR=73043 LOT 12

Ownership

  • Current Owner : GHANI FARHAN
  • Previous Owner : HAN BING
  • Owner Before Previous Owner: CAO HANLIANG ALLEN
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: West Covina Unified School District
  • Census Tract: 406413

Zoning

  • Zoning: WCR1*

Geography

  • Subdivision Tract Number: 73043
  • Parcel: 8477-032-012
  • Lot: 12
  • Municipality: EAST /E. W.COVINA
  • Latitude: 34.0659
  • Longitude: -117.915

    Address

  • Full Address: 1450 Lotus Ct
  • Address - House Number: 1450
  • Address - Street Name: Lotus
  • Address - Suffix Type: Ct
  • State: CA
  • City Name: West Covina
  • Carrier Code: C042
  • 4-Digit Zip Code: 2558
  • Zip Code: 91791

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $10,786
  • Intital Tax Deliquent Year: 2020
  • Tax Rate Code Area: 09-495

    Appraisal Valuation

  • Standard Deviation: 0.0677
  • Valuation Date: Jun 21, 2023
  • Confidence Score: 96
  • Final Value: 1,202,597
  • High Value: 1,284,114
  • Low Value: 1,121,079

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $500,000
  • First Open Lien Mortgage Lender: JPMORGAN CHASE BANK NA
  • First Open Lien Mortgage Recording Date: Jan 13, 2023
  • First Open Lien Mortgage Loan Amount: $500,000
  • 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: Feb 01, 2053

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $898,755
  • Assessed Land Value: $446,750
  • Assessed Improvements Value: $452,005

    Sales

  • Current Sale Contract Date: Jan 09, 2023
  • Current Sale Recording Date: Jan 13, 2023
  • Current Sale Transaction ID: 11900889813
  • Current Sale Price: $1,040,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 27971
  • Previous Sale Recording Date: Oct 31, 2018
  • Previous Sale Contract Date: Oct 10, 2018
  • Previous Sale Amount: $855,000
  • Previous Sale Document Type: Grant Deed

    Previous Mortgages

  • Previous Mortgage Lender: PMAC LENDING SERVICES INC
  • Previous Mortgage Transaction Date: Oct 31, 2018
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $355,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: ARM (Adjustable Rate Mortgage as of August, 2009)
  • Previous Mortgage Loan Due Date: Nov 01, 2048

About Walnut Creek



Similar Buildings

Currently no similar buildings around

Nearby Rentals

Unit for rent at

$1,900 /mo

  • 1 Bed
  • 1 Bath

Frequently Asked Questions

What neighborhood is 1450 Lotus Court located in?
The 1450 Lotus Court is a house located in the neighborhood of Walnut Creek in Walnut Creek, West Covina.
What is the average sales price for listings in 1450 Lotus Court?
The average sales price for units in 1450 Lotus Court is $0 currently.

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