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2899 North Monte Verde Drive

2899 North Monte Verde Drive, Covina, CA 91724
Property in East Hills
Sold Jul 26, 2021
$1,950,000
$1,323,000 by Fidelity Lending Solutioins In
Mortgage Due Aug 01, 2051
Sold Mar 31, 2005
$1,400,000
$800,000 by Golden Empire Mortgage Inc
Mortgage Due Apr 01, 2035
Local assessors in Covina, CA have categorized 2899 North Monte Verde Drive as a residential type of property. The home was built in 1979 and is 45 years old. It was most recently renovated and altered in 1981. The property's lot size has been calculated to be 47,133 square feet. The linear feet between the front and back of the lot was measured at 2,520 ft and the front of the lot was measured at 1,880 ft. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 16 rooms in the home. Of these, 5 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 5 full bathrooms. There are also 5 partial bathrooms. If we look only at the heated or air conditioned part of the building, then 2899 North Monte Verde Drive has a total of 4,695 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. There is only one available parking space, so if you need more, you may need to find some alternatives. In addition, there is a pool on the property. Perfect for those who want to host pool parties over the summer. 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 - A. 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 May 26, 2021 for $1,950,000. That's $415.34 per sqft. Prior to that sales transaction, the property was also sold in Sep 3, 2004 for $1,400,000. 2899 North Monte Verde Drive was last assessed in 2023. The total value of the property was assessed at $1,989,000. Specifically, the land the property is located on was valued at $1,083,240. While improvements on the property were assessed at a total of $905,760. 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 $23,834. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay 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.

Building Features

Driveway

Driveway

Parking

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

Building Info

Overview

    General

  • Year Built: 1979
  • Effective Year Built: 1981
  • Building Count: 1
  • Total Rooms: 16
  • Bedroom Count: 5
  • Bathroom Count: 5
  • Full Bathrooms: 5
  • Partial Bathrooms: 5
  • Building Quality: A
  • Construction Type: Wood
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1
  • Pool Type: Pool

    Dimensions

  • Lot Size Square Feet: 47,133
  • Lot Size Depth Feet: 2,520
  • Lot Size Frontage Feet: 1,880
  • Total Building Area: 4,695
  • Building Area: 4,695
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Central air conditioning
  • Heating: Central heating
  • Heated Square Feet: 4,695
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: PARCEL MAP 79
  • Land Acres: 1.082
  • Standard Land Use Code: Single family residential
  • Legal Description 1: PARCEL MAP AS PER BK 12 PG 11 OF P M LOT/SEC 2

Ownership

  • Current Owner : HUANG ZHISHENG
  • Previous Owner : MAEDEL MICHAEL W
  • Previous Owner 2: MAEDEL MARIE L
  • Owner Before Previous Owner: TEMPLETON VIRGINIA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Sole Owner

Neighborhood

  • School District Name: Covina-Valley Unified School District
  • Census Tract: 403500

Zoning

  • Zoning: LCR140000*

Geography

  • Assessors Map Reference: 93-B1
  • Parcel: 8277-009-040
  • Lot: 2
  • Municipality: EAST /W. COVINA HILLS
  • Latitude: 34.0673
  • Longitude: -117.866

    Address

  • Full Address: 2899 N Monte Verde Dr
  • Address - House Number: 2899
  • Street Direction: N
  • Address - Street Name: Monte Verde
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Covina
  • Carrier Code: C052
  • 4-Digit Zip Code: 3836
  • Zip Code: 91724

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $23,834
  • Tax Rate Code Area: 03-114

    Appraisal Valuation

  • Standard Deviation: 0.0676
  • Valuation Date: Oct 25, 2023
  • Confidence Score: 96
  • Final Value: 2,860,636
  • High Value: 3,054,258
  • Low Value: 2,667,014

    Open Liens

  • Total Open Liens: 2
  • Total Open Liens Amount: $1,573,000
  • First Open Lien Mortgage Lender: FIDELITY LENDING SOLUTIOINS IN
  • First Open Lien Mortgage Recording Date: Jul 26, 2021
  • First Open Lien Mortgage Loan Amount: $1,323,000
  • 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: Aug 01, 2051
  • Second Open Lien Mortgage Lender: CHEN TONG
  • Second Open Lien Mortgage Recording Date: Apr 28, 2022
  • Second Open Lien Mortgage Loan Amount: $250,000
  • Second Open Lien Mortgage Term: 360
  • Second Open Lien Mortgage Position: 2
  • Second Open Lien Mortgage Loan Type: New Conventional
  • Second Open Lien Mortgage Private Lender: T

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $1,989,000
  • Assessed Land Value: $1,083,240
  • Assessed Improvements Value: $905,760

    Sales

  • Current Sale Contract Date: May 26, 2021
  • Current Sale Recording Date: Jul 26, 2021
  • Current Sale Transaction ID: 11844117200
  • Current Sale Price: $1,950,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1142486
  • Previous Sale Recording Date: Mar 31, 2005
  • Previous Sale Contract Date: Sep 03, 2004
  • Previous Sale Amount: $1,400,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: FIDELITY LENDING SOLUTIOINS IN
  • First Mortgage Transaction Date: Jul 26, 2021
  • First Mortgage Loan Amount: $1,323,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Aug 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: GOLDEN EMPIRE MORTGAGE INC
  • Previous Mortgage Transaction Date: Mar 31, 2005
  • Previous Mortgage Financing Type: Adjustable Rate
  • Previous Mortgage Loan Amount: $800,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Purchase Money Mortgage
  • Previous Mortgage Loan Due Date: Apr 01, 2035

About East Hills



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Frequently Asked Questions

What neighborhood is 2899 North Monte Verde Drive located in?
The 2899 North Monte Verde Drive is a located in the neighborhood of East Hills in East Hills, Covina.
What is the average sales price for listings in 2899 North Monte Verde Drive?
The average sales price for units in 2899 North Monte Verde Drive is $0 currently.

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