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41621 Covington Drive

41621 Covington Drive, Fremont, CA 94539
Property in Mission Valley
Sold May 11, 2001
$801,000
$425,000 by Wells Fargo Home Mtg Inc
Mortgage Due Jun 01, 2031
Sold May 11, 1995
$330,000
$264,000 by Standard Federal Bank
Mortgage Due Jun 01, 2025
Local assessors in Fremont, CA have categorized 41621 Covington Drive as a residential type of property. The home was built in 1958 and is 66 years old. It was most recently renovated and altered in 1968. The property's lot size has been calculated to be 10,560 square feet. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a custom style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 9 rooms in the home. Of these, 4 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. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 41621 Covington Drive has a total of 2,062 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. Additional features on the property are as follows. There is a garage for those who need a place to park their vehicle. There are 2 available parking spaces so it's a great situation for those with more than one car. Moving onto specific details regarding the building. Our sources show that the building condition is good. 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 - B. The home's a forced air unit is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. 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, 41621 Covington Drive was last sold in May 4, 2001 for $801,000. According to our calculations, that's $388.46 per sqft. Prior to that sales transaction, the property was sold for $330,000 in May 5, 1995. Current property owners are expected to pay $13,615 in taxes per year. The property on 41621 Covington Drive was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $1,130,291. To break that down further, the land itself was valued at $341,187. While improvements to the property were assessed at a total of $796,104. 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. 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1958
  • Effective Year Built: 1968
  • Building Count: 1
  • Total Rooms: 9
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 3
  • Partial Bathrooms: 3
  • Building Condition: Good
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Custom
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 2

    Dimensions

  • Lot Size Square Feet: 10,560
  • Total Building Area: 2,062
  • Building Area: 2,062
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Forced air unit
  • Heated Square Feet: 2,062
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.242
  • Standard Land Use Code: Single family residential
  • County Land Use Code: Residential income (general) (multi-family)
  • Legal Description 1: LOT: 00018 BLK: 0002 TR: 1962

Ownership

  • Current Owner : MERCHANT ADNAN I
  • Current Owner 2: MERCHANT MAQDOODA A
  • Previous Owner : DIETZ TIMOTHY G
  • Previous Owner 2: DIETZ JANIS K
  • Owner Before Previous Owner: WESTLIND GORDON W
  • Owner Before Previous Owner 2: WESTLIND PATRICIA L
  • Is Owner Occupied: Owner-occupied property
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Fremont Unified School District
  • Census Tract: 442200

Geography

  • Assessors Map Reference: 91-C4
  • Subdivision Tract Number: 1962
  • Parcel: 525-234-4
  • Block: 2
  • Lot: 18
  • Municipality: CITY OF FREMONT
  • Latitude: 37.5432
  • Longitude: -121.939

    Address

  • Full Address: 41621 Covington Dr
  • Address - House Number: 41621
  • Address - Street Name: Covington
  • Address - Suffix Type: Dr
  • State: CA
  • City Name: Fremont
  • Carrier Code: C048
  • 4-Digit Zip Code: 4650
  • Zip Code: 94539

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $13,615
  • Tax Rate Code Area: 12-056

    Appraisal Valuation

  • Standard Deviation: 0.2004
  • Valuation Date: Jul 12, 2023
  • Confidence Score: 73
  • Final Value: 2,051,456
  • High Value: 2,462,675
  • Low Value: 1,640,237

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $425,000
  • First Open Lien Mortgage Lender: WELLS FARGO HOME MTG INC
  • First Open Lien Mortgage Recording Date: May 11, 2001
  • First Open Lien Mortgage Loan Amount: $425,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Due Date: Jun 01, 2031

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $1,130,291
  • Assessed Land Value: $341,187
  • Assessed Improvements Value: $796,104

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: May 04, 2001
  • Current Sale Recording Date: May 11, 2001
  • Current Sale Transaction ID: 1020890850
  • Current Sale Price: $801,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 2001160292
  • Previous Sale Recording Date: May 11, 1995
  • Previous Sale Contract Date: May 05, 1995
  • Previous Sale Amount: $330,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: WELLS FARGO HOME MTG INC
  • First Mortgage Transaction Date: May 11, 2001
  • First Mortgage Loan Amount: $425,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Due Date: Jun 01, 2031
  • Second Mortgage Loan Amount: $216,000

    Previous Mortgages

  • Previous Mortgage Lender: STANDARD FEDERAL BANK
  • Previous Mortgage Transaction Date: May 11, 1995
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $264,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Due Date: Jun 01, 2025

About Mission San Jose



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Frequently Asked Questions

What neighborhood is 41621 Covington Drive located in?
The 41621 Covington Drive is a located in the neighborhood of Mission Valley in Mission San Jose, Fremont.
What is the average sales price for listings in 41621 Covington Drive?
The average sales price for units in 41621 Covington Drive is $0 currently.

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