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5161 North Varnell Avenue

5161 North Varnell Avenue, Covina, CA 91722
Property in Vincent
Sold Jan 18, 2006
$438,000
$350,400 by Option One Mortgage Corp
Mortgage Due Feb 01, 2036
Sold Oct 15, 1998
$130,000
$129,006 by Intermountain Mtg
Mortgage Due Nov 01, 2028
Local assessors in Covina, CA have categorized 5161 North Varnell Avenue as a residential type of property. The home was built in 1959 and is 65 years old. The property's lot size has been calculated to be 6,085 square feet. The linear feet between the front and back of the lot was measured at 1,080 ft and the front of the lot was measured at 590 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 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 2 full bathrooms. There are also 2 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 5161 North Varnell Avenue has a total of 1,118 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. 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 building has a gable style roof that was made of composition shingle. Lots of stucco were used in the construction of the exterior walls of the home. The home's a central heating system is the primary heating source. 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, 5161 North Varnell Avenue sold most recently in Dec 12, 2005 for a total of $438,000. If you work out the math, that's approximately a cost of $391.77 per sqft. Before that, the property was also sold for $130,000 in Sep 22, 1998. 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 $6,963 in taxes each year. 5161 North Varnell Avenue was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $575,306. If we break it down further, the land itself was valued at $460,250. Improvements to the property, however, were assessed at a total of $115,056. The property's total assessed value has been marked as more than the total market value 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.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.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Building Count: 1
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,085
  • Lot Size Depth Feet: 1,080
  • Lot Size Frontage Feet: 590
  • Total Building Area: 1,118
  • Building Area: 1,118
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Central heating
  • Heated Square Feet: 1,118
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 24403
  • Land Acres: 0.14
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT # 24403 LOT/SEC 24

Ownership

  • Current Owner : GOMEZ LEONARDO CERVANTES
  • Previous Owner : QUEZADA RUBEN
  • Previous Owner 2: QUEZADA ILIANA
  • Owner Before Previous Owner: BARBER TERRY AND MARY D TRS
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Azusa Unified School District
  • Census Tract: 405800

Zoning

  • Zoning: LCA105

Geography

  • Assessors Map Reference: 88-B3
  • Subdivision Tract Number: 24403
  • Parcel: 8410-001-037
  • Lot: 24
  • Municipality: EAST /N.W. COVINA
  • Latitude: 34.1068
  • Longitude: -117.924

    Address

  • Full Address: 5161 N Varnell Ave
  • Address - House Number: 5161
  • Street Direction: N
  • Address - Street Name: Varnell
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Covina
  • Carrier Code: C012
  • 4-Digit Zip Code: 1038
  • Zip Code: 91722

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,963
  • Tax Rate Code Area: 12-045

    Appraisal Valuation

  • Standard Deviation: 0.2202
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 69
  • Final Value: 693,913
  • High Value: 846,737
  • Low Value: 541,090

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $350,400
  • First Open Lien Mortgage Lender: OPTION ONE MORTGAGE CORP
  • First Open Lien Mortgage Recording Date: Jan 18, 2006
  • First Open Lien Mortgage Financing Type: Adjustable Rate
  • First Open Lien Mortgage Loan Amount: $350,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Purchase Money Mortgage
  • First Open Lien Mortgage Loan Due Date: Feb 01, 2036

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $575,306
  • Assessed Land Value: $460,250
  • Assessed Improvements Value: $115,056

    Exemptions

  • Homeowner Exemption: Yes

    Sales

  • Current Sale Contract Date: Dec 12, 2005
  • Current Sale Recording Date: Jan 18, 2006
  • Current Sale Transaction ID: 1039827372
  • Current Sale Price: $438,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 06-0113688
  • Previous Sale Recording Date: Oct 15, 1998
  • Previous Sale Contract Date: Sep 22, 1998
  • Previous Sale Amount: $130,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: OPTION ONE MORTGAGE CORP
  • First Mortgage Transaction Date: Jan 18, 2006
  • First Mortgage Loan Amount: $350,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Purchase Money Mortgage
  • First Mortgage Loan Due Date: Feb 01, 2036

    Financing

  • First Mortgage Financing Type: Adjustable Rate

    Previous Mortgages

  • Previous Mortgage Lender: INTERMOUNTAIN MTG
  • Previous Mortgage Transaction Date: Oct 15, 1998
  • Previous Mortgage Loan Amount: $129,006
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Nov 01, 2028

About Vincent



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Frequently Asked Questions

What neighborhood is 5161 North Varnell Avenue located in?
The 5161 North Varnell Avenue is a located in the neighborhood of Vincent in Vincent, Covina.
What is the average sales price for listings in 5161 North Varnell Avenue?
The average sales price for units in 5161 North Varnell Avenue is $0 currently.

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