2038 Rancho La Merced Dr
Covina, CA 91724
3 bd 3 ba 2,889 sqft Built 1968 Lot 17,350 sqft single_family
Most recent sale
$1,700,000
Sep 30, 2022
Location
Timeline: Sale, Listing & Tax History
Recorded events
| Date | Event | Price | Source |
|---|---|---|---|
| Sep 30, 2022 | Sold | $1,700,000 | MLS #CV22193613 |
| Sep 6, 2022 | Listed | $1,595,000 | MLS #CV22193613 |
| Jul 31, 2009 | Sold | $765,000 | Public Record |
| May 10, 2002 | Sold | $564,000 | Public Record |
| May 8, 2000 | Sold | $400,000 | Public Record |
| May 10, 1985 | Sold | $280,000 | Public Record |
Tax assessment history
| Year | Building | Land | Total assessed | Tax paid |
|---|---|---|---|---|
| 2025 | $520,200 | $1,248,480 | $1,768,680 | $21,266 |
| 2024 | $520,200 | $1,248,480 | $1,768,680 | $20,359 |
| 2023 | $500,000 | $1,200,000 | $1,700,000 | $19,769 |
| 2022 | $522,668 | $407,842 | $930,510 | $11,284 |
| 2021 | $512,420 | $399,846 | $912,266 | $11,125 |
| 2020 | $507,166 | $395,747 | $902,913 | $11,004 |
| 2019 | $497,222 | $387,988 | $885,210 | $10,887 |
| 2018 | $487,473 | $380,381 | $867,854 | $10,276 |
| 2017 | $477,915 | $372,923 | $850,838 | $10,125 |
| 2016 | $468,545 | $365,611 | $834,156 | $9,815 |
| 2015 | $461,508 | $360,120 | $821,628 | $9,770 |
| 2014 | $435,300 | $339,700 | $775,000 | $9,394 |
| 2013 | $292,100 | $227,900 | $520,000 | $6,453 |
| 2012 | $343,600 | $268,100 | $611,700 | $7,533 |
| 2010 | $429,700 | $335,300 | $765,000 | $9,131 |
| 2009 | $373,636 | $273,374 | $647,010 | $7,706 |
| 2008 | $366,310 | $268,014 | $634,324 | $7,454 |
| 2007 | $359,128 | $262,759 | $621,887 | $7,222 |
Property facts
Year built
1968
Property type
single_family
Stories
1
Beds
3
Baths
3
Living area
2,889 sqft
Lot size
17,350 sqft
ZIP code
91724
City
Covina
Street
Rancho La Merced Dr
Coordinates
34.07736, -117.84725
Comparable properties nearby
Investment analysis
Estimates based on local averages — not personalized adviceEstimated monthly rent
$9,245
Gross rental yield
6.53%
Implied cap rate
4.24%
Trend-extrapolated value
—
Frequently asked questions
When did 2038 Rancho La Merced Dr last sell?
2038 Rancho La Merced Dr most recently sold on Sep 30, 2022 for $1,700,000.
What is the current tax assessment for 2038 Rancho La Merced Dr?
The most recent total assessment for 2038 Rancho La Merced Dr (year 2025) is $1,768,680 with $21,266 in property tax.
How does 2038 Rancho La Merced Dr's assessment compare to its last sale price?
The current assessment is 4.0% above the last sale price of $1,700,000.
When was 2038 Rancho La Merced Dr built?
2038 Rancho La Merced Dr was built in 1968.
How does 2038 Rancho La Merced Dr compare to others on Rancho La Merced Dr?
We track 2 other properties on Rancho La Merced Dr. Browse the list under "Other properties on Rancho La Merced Dr" to compare beds, baths, and sale history.
What are the property facts for 2038 Rancho La Merced Dr?
2038 Rancho La Merced Dr is a 3 bed, 3 bath, 2,889 sqft, 17,350 sqft lot single_family.
Is 2038 Rancho La Merced Dr a flip candidate?
No — 2038 Rancho La Merced Dr does not appear in our flips dataset.
Is 2038 Rancho La Merced Dr a tax-appeal candidate?
No — 2038 Rancho La Merced Dr is not currently flagged as a tax-appeal candidate.
Forecast for this area
ZIP-area linear projection — not a per-property automated valuationQuarterly trend
-6.2%
Implied 1-yr
-24.7%
2026 Q3
$488K
2026 Q4
$468.8K
ZIP 91724 — Median Price History + Forecast
Explore nearby
Geography
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