Seller's Agent in 2022
Jim Moran
Moran Real Estate Inc.
(626) 644-4426
2 in this area
9 Total Sales
1325 W Grand Ave Pomona, CA 91766
Ganesha NeighborhoodEstimated Value: $1,478,000 - $1,861,000
9
Beds
9
Baths
4,881
Sq Ft
$349/Sq Ft
Est. Value
Highlights
- New Construction
- Cape Cod Architecture
- Living Room
- Primary Bedroom Suite
- No HOA
- 4-minute walk to Ralph Welch Park
About This Home
As of July 2022New construction of a 3 unit townhouse style rental income property, completed in late 2021 with a 10 month warranty remaining. The units have upgraded finishes including stone countertops, laminate wood flooring and efficient LED lighting. Second floor has a large, covered patio for outdoor living or entertaining. Oversized 2 car garage with laundry hook ups. Separate water meters and drought tolerant landscaping keep the cost low and
easy to maintain . All units are occupied with a 1 year lease. Great opportunity to invest in a rare new income property. Drive by only, do not
disturb tenants, showing appointments are subject to accepted offer.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $19,948
Year Built
- Built in 2021 | New Construction
Lot Details
- 9,007 Sq Ft Lot
- Two or More Common Walls
- Vinyl Fence
- Density is 2-5 Units/Acre
Parking
- 6 Car Garage
- Parking Available
Home Design
- Cape Cod Architecture
- Property Attached
Interior Spaces
- 4,881 Sq Ft Home
- 2-Story Property
- Living Room
Kitchen
- Gas Range
- Free-Standing Range
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 9 Bedrooms
- Primary Bedroom Suite
- 9 Bathrooms
Laundry
- Laundry Room
- Laundry in Garage
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- High-Efficiency Water Heater
- Cable TV Available
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas, sewer, telephone, water
- Tax Lot 4
- Tax Tract Number 1928
- Assessor Parcel Number 8349026036
- $287 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Units
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 3 Separate Water Meters
- Insurance Expense $2,500
- Trash Expense $1,800
- Operating Expense $27,540
- Gross Income $91,800
- Net Operating Income $64,260
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 15, 2023
Sold by
Chang Peter D and Chang Joyce
Bought by
Open Way Group Llc
Current Estimated Value
Purchase Details
Closed on
Mar 21, 2022
Sold by
Wf Feron Llc
Bought by
Chang Peter D and Huang Joyce
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,182,750
Interest Rate
5.1%
Mortgage Type
Balloon
Purchase Details
Closed on
Oct 9, 2020
Sold by
Top Home Wlw Llc
Bought by
Wf Feron Llc
Purchase Details
Listed on
Mar 5, 2019
Closed on
Mar 25, 2019
Sold by
Cheung Ngai Wah and Lee Ka On
Bought by
Top Home Wlw Llc
Seller's Agent
Xenia Chao
Pinnacle Real Estate Group
Buyer's Agent
Grace Lee
Century 21 Masters
List Price
$300,000
Sold Price
$288,000
Premium/Discount to List
-$12,000
-4%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
28.74%
Purchase Details
Listed on
Aug 8, 2018
Closed on
Oct 5, 2018
Sold by
Daniels Robert
Bought by
Cheung Ngai Wah and Lee Ka On
Seller's Agent
Margaret Chang
Team Spirit Realty, Inc.
Buyer's Agent
Xenia Chao
Pinnacle Real Estate Group
List Price
$280,000
Sold Price
$230,000
Premium/Discount to List
-$50,000
-17.86%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
66.71%
Purchase Details
Closed on
Dec 7, 2005
Sold by
Gomez Paula A
Bought by
Daniels Robert
Purchase Details
Closed on
Aug 10, 2001
Sold by
Contreras Juan Carlos
Bought by
Gomez Paula A and Gomez Leon
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$117,161
Interest Rate
7.19%
Mortgage Type
FHA
Purchase Details
Closed on
Oct 17, 1996
Sold by
Corcuera Jose H
Bought by
Contreras Juan Carlos and Contreras Maria Esther
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$74,147
Interest Rate
7.91%
Mortgage Type
FHA
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
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Open Way Group Llc | -- | None Listed On Document | |
| Chang Peter D | $1,577,500 | Old Republic Title | |
| Wf Feron Llc | $425,000 | Old Republic Title | |
| Top Home Wlw Llc | $288,000 | First American Title Company | |
| Cheung Ngai Wah | $230,000 | First American Title Company | |
| Daniels Robert | $235,000 | Investors Title Company | |
| Gomez Paula A | $119,000 | First American Title Co | |
| Contreras Juan Carlos | $74,000 | Orange Coast Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Chang Peter D | $1,182,750 | |
| Previous Owner | Gomez Paula A | $40,000 | |
| Previous Owner | Gomez Paula A | $117,161 | |
| Previous Owner | Contreras Juan Carlos | $74,147 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/06/2022 07/06/22 | Sold | $1,577,500 | -4.3% | $323 / Sq Ft |
| 02/16/2022 02/16/22 | Pending | -- | -- | -- |
| 01/27/2022 01/27/22 | For Sale | $1,648,000 | +287.8% | $338 / Sq Ft |
| 01/21/2021 01/21/21 | Sold | $425,000 | -5.3% | -- |
| 10/06/2020 10/06/20 | Pending | -- | -- | -- |
| 08/26/2020 08/26/20 | Price Changed | $449,000 | -2.2% | -- |
| 07/10/2020 07/10/20 | For Sale | $459,000 | +59.4% | -- |
| 03/27/2019 03/27/19 | Sold | $288,000 | -4.0% | -- |
| 03/21/2019 03/21/19 | Pending | -- | -- | -- |
| 03/05/2019 03/05/19 | For Sale | $300,000 | +30.4% | -- |
| 10/16/2018 10/16/18 | Sold | $230,000 | +16.2% | -- |
| 08/24/2018 08/24/18 | Price Changed | $198,000 | -29.3% | -- |
| 08/08/2018 08/08/18 | For Sale | $280,000 | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $19,948 | $1,641,231 | $600,831 | $1,040,400 |
| 2024 | $19,948 | $1,609,050 | $589,050 | $1,020,000 |
| 2023 | $19,548 | $1,577,500 | $577,500 | $1,000,000 |
| 2022 | $5,262 | $433,500 | $433,500 | $0 |
| 2021 | $4,026 | $296,803 | $296,803 | $0 |
| 2020 | $3,809 | $293,760 | $293,760 | $0 |
| 2019 | $3,173 | $230,000 | $230,000 | $0 |
| 2018 | $3,651 | $282,240 | $282,240 | $0 |
| 2016 | $3,445 | $271,281 | $271,281 | $0 |
| 2015 | $3,416 | $267,207 | $267,207 | $0 |
| 2014 | $4,013 | $261,973 | $261,973 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Moran
-
Owen Wang
Seller's Agent in 2021
Owen Wang
Realty One Group West
(949) 734-6500
1 in this area
7 Total Sales
-
Xenia Chao
Seller's Agent in 2019
Xenia Chao
Pinnacle Real Estate Group
(626) 289-6660
54 Total Sales
-
Grace Lee
Buyer's Agent in 2019
Grace Lee
Century 21 Masters
(949) 401-3149
48 Total Sales
-
M
Seller's Agent in 2018
Margaret Chang
Team Spirit Realty, Inc.
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR22015899
APN: 8349-026-093
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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