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447 S Newton, Covina, California 91723, Covina, 91723 - 4 bed, 2 bath

447 S Newton, Covina, California 91723 home-pic-0
ACTIVE$835,000$1,225/sqft
Est. Value: $760,935
-8%
AboveEstimate
447 S Newton, Covina, California 91723
4Beds
2Baths
1,225Sqft
7,405Lot

Price Vs. Estimate

The estimated value ($760,934.745) is $74,065.255 (8%) lower than the list price ($835,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1225.
Top Cons:
Potential for System Updates: Built in 1954, the property may have original or older core systems (e.g., plumbing, electrical, HVAC) that could require significant investment for modernization or maintenance, despite the upgraded kitchen.

Compared to the nearby listings

Price:$835.0K vs avg $835.0K (+$0)50%
Size:1,225 sqft vs avg 1,551 sqft26%
Price/sqft:$682 vs avg $52283%

More Insights

Built in 1954 (72 years old).
Condition: Built in 1954, this home has been well-maintained but shows its age in key areas. The kitchen features granite countertops and ample cabinetry, but the traditional wood cabinets and black appliances suggest an upgrade that is likely 15-20 years old rather than recent. The bathrooms are clean and functional but are dated in style, with older vanities and fixtures. A significant factor is the lack of central air conditioning, relying instead on a window unit and a split AC unit, indicating an outdated HVAC system. While move-in ready, a buyer would likely consider updating the bathrooms and installing central AC, aligning with the 'fair' condition criteria of requiring minor updates and having major components that are functional but show signs of being outdated.
Year Built
1954
Close
-
List price
$835K
Original List price
$835K
Price/Sqft
$682
HOA
-
Days on market
-
Sold On
-
MLS number
IV25245521
Home ConditionFair
Features
Patio
ViewNeighborhood

About this home

Welcome to 447 S. Newton St, Covina, CA 91723 This charming home offers comfort, space, and convenience with two car garage located one of Covina’s most desirable neighborhoods. Featuring four good-sized bedrooms and two full bathrooms, this residence is perfect for families or anyone looking for extra room to grow. The formal dining room and inviting living and family rooms provide ideal spaces for gatherings and entertaining. The kitchen is beautifully upgraded with granite countertops and ample cabinetry, creating a warm and functional space for everyday cooking. Step outside to enjoy a lovely front yard and a beautifully landscaped backyard complete with two storage units and fruit trees, including guava and persimmon trees, plus more! Centrally located near major restaurants, shopping centers, gyms, schools, and parks, with easy access to the I-10 freeway, this home offers the perfect blend of comfort and convenience. Whether you’re hosting loved ones or simply enjoying quiet evenings at home, this property is the perfect place to celebrate the upcoming holidays and create lasting memories.

L
LUIS TREJO
Listing Agent
Condition Rating
Fair
Built in 1954, this home has been well-maintained but shows its age in key areas. The kitchen features granite countertops and ample cabinetry, but the traditional wood cabinets and black appliances suggest an upgrade that is likely 15-20 years old rather than recent. The bathrooms are clean and functional but are dated in style, with older vanities and fixtures. A significant factor is the lack of central air conditioning, relying instead on a window unit and a split AC unit, indicating an outdated HVAC system. While move-in ready, a buyer would likely consider updating the bathrooms and installing central AC, aligning with the 'fair' condition criteria of requiring minor updates and having major components that are functional but show signs of being outdated.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1225.
Desirable Location: The home is situated in one of Covina’s most desirable neighborhoods, enhancing its appeal and potential for appreciation.
Upgraded Kitchen: The kitchen features beautiful upgrades with granite countertops and ample cabinetry, offering a modern and functional space.
Ample Living Spaces & Bedrooms: The property boasts four good-sized bedrooms, two full bathrooms, a formal dining room, and inviting living and family rooms, providing generous space for families.
Landscaped Backyard with Amenities: The beautifully landscaped backyard includes two storage units and mature fruit trees (guava, persimmon), adding charm and practical value.
Excellent Accessibility: Centrally located with easy access to the I-10 freeway and proximity to major restaurants, shopping centers, gyms, schools, and parks, offering significant convenience.

Cons

Potential for System Updates: Built in 1954, the property may have original or older core systems (e.g., plumbing, electrical, HVAC) that could require significant investment for modernization or maintenance, despite the upgraded kitchen.
No Mention of Cooling System: The property description does not specify the presence of a cooling system (e.g., central AC), which could be a significant drawback and additional cost for buyers in the California climate.
Priced Above Market Estimation: The current listing price of $835,000 is approximately 4% higher than the property's estimated value of $800,898, potentially impacting buyer perception and negotiation.
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