NOT LISTED FOR SALE

Estimated Value: $637,000 - $938,339

3 Beds
2 Baths
1,280 Sq Ft
$586/Sq Ft Est. Value

Last Sold August 11, 2015

Last sale price $350,000 $273 Per Sq Ft

Est. 114% increase in value since last sale

Current estimated payment $4,431/month

89 Days on Market

About This Home

As of August 2015

We are pleased to exclusively offer for sale this unique duplex (two single story units) in the city of Pomona. One unit consists of 2-Bedrooms and 1-Bathroom with a detached two-car garage. The second unit consists of a 1-Bedroom and 1 Bathroom with a freshly repainted interior and offers onsite parking. Both units are situated on a HUGE over-sized 19,010 square foot lot poised for a new investor to potentially develop 4 brand new units or add 2 new units to what is existing. Buyer and their agent to verify with the proper city authorities any development possibilities and the proper zoning. Each cottage is individually metered for electricity and gas while the owner pays for water and trash. Current total monthly rental income is $2,200 with plenty of upside for a new investor to raise rents. Please do not disturb the tenants nor walk on the subject property as the tenants do not know the property is for sale.

Last Agent to Sell the Property

Kristopher German

RE/MAX 2000 REALTY License #01800021 Listed on: 05/14/2015

RE/MAX 2000 REALTY

Last Buyer's Agent

MIGUEL FLORES

NEW CENTURY REALTORS License #01387332

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 0.44 Acre Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 2 Car Garage

Home Design

  • 1,280 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 017
  • Tax Tract Number 54
  • Assessor Parcel Number 8358017054

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • Insurance Expense $512
  • Other Expense $400
  • Trash Expense $2,496
  • Water Sewer Expense $2,496
  • New Taxes Expense $3,985
  • Gross Income $26,400
  • Net Operating Income $13,927

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0.44 Acres

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2496.00
  • Property Type: Residential Income
  • Parcel Number: 8358017054
  • Year Built: 1963
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 273.44

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 2496.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs

Lot Info

  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 19011.00
  • Lot Size Acres: 0.4360

Multi Family

  • Gross Income: 26400.00
  • Gross Multiplier: 13.26
  • Gross Scheduled Income: 26400.00
  • Insurance Expense: 512.00
  • Lot Size Area: 19011.0000 Square Feet
  • Net Operating Income: 13927.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 11681.00
  • Other Expense: 400.00
  • Other Expense Description: Reserves
  • Rent Control: No

Tax Info

  • New Taxes Expense: 3985.00
  • Tax Lot: 017
  • Tax Tract Number: 054
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 3, 2017
Sold by
Hernandez Israel
Bought by
Gutierrez Dayana
Current Estimated Value
$750,585

Purchase Details

Listed on
May 14, 2015
Closed on
Sep 21, 2015
Sold by
Ortiz Guadalupe and Hernandez Israel
Bought by
Hernandez Israel
Seller's Agent
Kristopher German
RE/MAX 2000 REALTY
Buyer's Agent
MIGUEL FLORES
NEW CENTURY REALTORS
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.45%

Purchase Details

Listed on
May 14, 2015
Closed on
Aug 3, 2015
Sold by
Chavez Maria De Lourdes
Bought by
Chavez Manuel
Seller's Agent
Kristopher German
RE/MAX 2000 REALTY
Buyer's Agent
MIGUEL FLORES
NEW CENTURY REALTORS
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,660
Outstanding Balance
$266,931
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$483,654

Purchase Details

Listed on
May 14, 2015
Closed on
Jun 28, 2015
Sold by
Chavez Manuel
Bought by
Ortiz Guadalupe
Seller's Agent
Kristopher German
RE/MAX 2000 REALTY
Buyer's Agent
MIGUEL FLORES
NEW CENTURY REALTORS
List Price
$350,000
Sold Price
$350,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$343,660
Outstanding Balance
$266,931
Interest Rate
3.75%
Mortgage Type
FHA
Estimated Equity
$483,654

Purchase Details

Listed on
Aug 12, 2011
Closed on
Dec 6, 2011
Sold by
Federal National Mortgage Association
Bought by
Chavez Manuel
Seller's Agent
Art Acosta
ERA REGENCY REALTORS
Buyer's Agent
LUIS VERA
MONACO REALTY
List Price
$180,400
Sold Price
$155,000
Premium/Discount to List
-$25,400
-14.08%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.63%

Purchase Details

Closed on
May 7, 2010
Sold by
Pena Mesa Yulieth Barbara
Bought by
Fannie Mae and Federal National Mortgage Association

Purchase Details

Closed on
Jan 4, 2008
Sold by
Pena Mesa Yulieth Barbara and Pena Mesa Yulieth Barbra
Bought by
Pena Mesa Yulieth Barbara

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$436,000
Interest Rate
6.05%
Mortgage Type
New Conventional
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Gutierrez Dayana -- None Available
Hernandez Israel -- None Available
Ortiz Guadalupe -- None Available
Chavez Manuel -- Fidelity Title Company
Ortiz Guadalupe $350,000 Fidelity Title Company
Chavez Manuel $155,000 Stewart Title Of California
Fannie Mae $513,626 None Available
Pena Mesa Yulieth Barbara -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ortiz Guadalupe $343,660
Previous Owner Pena Mesa Yulieth Barbara $436,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/11/2015 08/11/15 Sold $350,000 0.0% $273 / Sq Ft
08/11/2015 08/11/15 Pending -- -- --
05/14/2015 05/14/15 For Sale $350,000 +125.8% $273 / Sq Ft
01/17/2012 01/17/12 Sold $155,000 -14.1% $121 / Sq Ft View Prior Sale
11/28/2011 11/28/11 Pending -- -- --
08/12/2011 08/12/11 For Sale $180,400 -- $141 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $5,797 $445,659 $329,603 $116,056
2024 $5,797 $436,922 $323,141 $113,781
2023 $5,683 $428,355 $316,805 $111,550
2022 $5,595 $419,957 $310,594 $109,363
2021 $5,470 $411,723 $304,504 $107,219
2019 $5,587 $399,513 $295,473 $104,040
2018 $5,117 $391,680 $289,680 $102,000
2016 $4,499 $350,000 $150,000 $200,000
2015 $2,308 $161,989 $135,863 $26,126
2014 $2,310 $158,817 $133,202 $25,615
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV15103901

California Regional Multiple Listing Service (CRMLS)

APN: 8358-017-054

Your Personal Tour Guide

Ask me questions while you tour the home.