tomo logo

$2,200,000

Beds
6
Baths
5.5
sq ft
4,800

1466 E Covina Hills Rd, Covina, CA 91724

1466 E Covina Hills Rd

Covina, CA 91724

  • 46 days on market
    • Price drop $88,000↓
SPRAWLING SINGLE STORY SITED ON A FLAT AND USABLE OVER ONE ACRE LOT. As you approach the property, a long driveway leads to a convenient turnaround in the front yard, ensuring easy access and ample parking for family and guests. Upon entering the double front doors, you are welcomed into a foyer that sets the stage for the grandeur that lies within. The impressive family room features peg and groove hardwood flooring, exposed beam ceilings with tongue and groove detailing, a stately stone fireplace, and a thoughtfully integrated wet bar- an ideal space for gatherings and relaxation. Beyond the family room, you'll discover the inviting living room with a stone floor-to-ceiling fireplace and LED lighting. A wall of windows frames a captivating view of the meticulously manicured courtyard, complete with a fountain as the centerpiece. An elegant formal dining room awaits, boasting a trey ceiling, an exquisite chandelier, and direct kitchen access. The kitchen features travertine stone flooring, rich wood cabinetry, high-end stainless steel appliances, a convenient breakfast bar, a nook, and an adjoining butler's pantry, seamlessly connected to the indoor laundry area with direct access to the outdoors. The oversized primary bedroom offers ample space and comfort, while the ensuite primary bathroom is a luxurious oasis, featuring dual sinks, a walk-in shower with a glass enclosure, and a separate soaking tub. Three additional bedrooms, with one offering an ensuite bathroom and two sharing a jack-and-jill bathroom. Additionally, a large bonus room can serve as a fifth bedroom or a versatile space to suit your needs. The detached four-car garage comes a guest house featuring a spacious family room with vaulted ceilings, LED lighting, a separate 6th bedroom, and a remodeled bathroom with a custom-tiled shower and sliding glass enclosure. Stepping into the backyard, you'll find a pool awaiting your creative vision, along with a spa that was in the process of being redesigned to gracefully spill into the pool. The expansive outdoor space is surrounded with mature trees, pathways, a gazebo, and a built-in barbecue area, creating an idyllic setting for outdoor entertainment. For added convenience, there are two restrooms accessible from the pool area within the garage. The driveway leading to the garage also offers space for RV parking and more. Lastly, this property is zoned for horses, providing an opportunity for equestrian enthusiasts to create a haven for horses.

Details

Property type

Single Family Residence

Est. home value

$2,186,387

Lot size

1.0477 acres

Price per sq ft

$459

Year built

1947

Price History

08/14/2024
CRMLS

CRMLS #CV24142028

Price change
$2,200,000
-1.12%
07/11/2024
CRMLS

CRMLS #CV24072712

Removed
$2,225,000
-2.75%
07/11/2024
CRMLS

CRMLS #CV24142028

Listed
$2,288,000
+2.83%

Schools & Community

Elementary school: 

Barranca

Middle school: 

Sierra Vista

High school: 

South Hills

Community features: 

Street Lights

High school district: 

Covina Valley Unified

Seller’s Loan History

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Lender

Clerk U S District Court

Loan start date

December 2014

Original loan amount

$100,000

Est. remaining balance

Not provided

Interest rate

4.01%

Loan type

Not Provided

Seller

Joel Rico and Jeraldine Rico

Lender

Washington Mutual Bank Fa

Loan start date

April 2005

Original loan amount

$180,000

Est. remaining balance

Not provided

Interest rate

5.69%

Loan type

Credit Line (Revolving)

Seller

Joel Rico and Jeraldine Rico

Lender

First Horizon Home Loan Corp

Loan start date

December 2003

Original loan amount

$267,000

Est. remaining balance

$0

Interest rate

5.26%

Loan type

Not Provided, 16 year

Seller

Joel Rico

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

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Status: Active

Tomo last checked: 08/26/2024 at 4:10 PM

Listing updated: 08/13/2024 at 6:24 PM

Listed by: Nicholas Abbadessa, RE/MAX MASTERS REALTY Phone #: (909) 445-8100

MLS: CRMLS #CV24142028

CRMLS logo

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