NOT LISTED FOR SALE

Estimated Value: $752,798 - $1,538,000

0.35 Acre
$2,807,114 Price per Acre
15,063 Sq Ft Lot

Last Sold November 13, 2020

Last sale price $549,000

Est. 71% increase in value since last sale

Current estimated payment $5,692/month

9 Days on Market

Highlights

  • 0.35 Acre Lot
  • Property is near public transit
  • Rectangular Lot
  • Mountain View
  • No HOA

About This Lot

As of November 2020

Excellent land that offers a great opportunity to build 7 to 8 units apartments/condos. Each unit comes with 2-3 bedrooms, 2-3 baths, and an attached 2-car garage. The property located near downtown, and The Village @ Indian Hill. This location is also surrounded by five major universities/colleges. It is only 2 miles from Claremont McKenna/Pomona college(aka West Coast of Harvard), 5 miles from Cal State Pomona, and 4 miles from the University of La Verne. In January 2019, Los Angeles Metro gave Gold Line $97 million to build out to the City of Pomona. This property is a 5-minute drive to the Pomona Downtown Metrolink station. Property is sold as condition, and all information is deemed reliable, but not guaranteed. Buyer, please do your own due diligence prior to submitting an offer.

Last Agent to Sell the Property

Andy Teng

Treeline Realty & Investment License #01395817 Listed on: 09/15/2020

Treeline Realty & Investment

Last Buyer's Agent

Sam Weaver

FORTUNE WEAVERS, INC. License #01821150

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $7,008

Lot Details

  • 0.35 Acre Lot
  • Property fronts an alley
  • Rectangular Lot
  • Level Lot
  • Density is 6-10 Units/Acre
  • Property is zoned POR4YY

Additional Features

  • Mountain Views
  • Property is near public transit
  • No Utilities

Listing and Financial Details

  • Tax Lot 3
  • Tax Tract Number 24309
  • Assessor Parcel Number 8322030016

Community Details

Overview

  • No Home Owners Association

Recreation

  • Exterior Lighting

Property Details

Property Type

Land

Est. Annual Taxes

$7,008

Lot Details

0

Listing Details

  • Road Frontage Type: Alley, City Street
  • Road Surface Type: Alley Paved, Maintained
  • View: Yes
  • Zoning: POR4YY
  • Property Type: Land
  • Parcel Number: 8322030016
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 36.45

Exterior Features

  • View: Mountain(s)

Utilities

  • Utilities: None
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre, Lot 10000-19999 Sqft, Rectangular Lot, Level, Near Public Transit
  • Lot Size Sq Ft: 15063.00
  • Lot Size Acres: 0.3458
  • Latitude Manual: 34.06731200

Multi Family

  • Lot Size Area: 15063.0000 Square Feet

Tax Info

  • Tax Census Tract: 4027.06
  • Tax Lot: 3
  • Tax Tract Number: 24309

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 15, 2020
Closed on
Oct 1, 2020
Sold by
Wang Philip Feili and Wang Zhi Wen
Bought by
Fortune Weavers Inc
Seller's Agent
Andy Teng
Treeline Realty & Investment
Buyer's Agent
Sam Weaver
FORTUNE WEAVERS, INC.
List Price
$549,000
Sold Price
$549,000
Current Estimated Value
$937,492

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$388,492
Avg. Annual Appreciation
7.01%
Original Mortgage
$250,000
Interest Rate
2.8%
Mortgage Type
Commercial

Purchase Details

Closed on
Apr 22, 2014
Sold by
South Fremont 8 Investment Inc
Bought by
Wang Philip Feili and Wang Zhi Wen

Purchase Details

Listed on
Jul 24, 2012
Closed on
Jul 2, 2013
Sold by
Arellano Juan and Arrellano Jose
Bought by
South Fremont 8 Investment Inc
Seller's Agent
Oscar Hernandez
Berkshire Hathaway Hm Ser
Buyer's Agent
Curt Wang
Kotai Realty
List Price
$195,000
Sold Price
$180,000
Premium/Discount to List
-$15,000
-7.69%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
12.58%

Purchase Details

Closed on
Feb 10, 2009
Sold by
Arellano Jose
Bought by
Arellano Juan

Purchase Details

Closed on
Sep 23, 2008
Sold by
Aguirre Luis and Aguirre Soccorro
Bought by
Arellano Jose

Purchase Details

Closed on
Jan 8, 2007
Sold by
Senco Llc
Bought by
Aguirre Luis and Aguirre Socorro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
6.23%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Jul 5, 2006
Sold by
Barbarick Bradley
Bought by
Senemar Steven and Senemar Lobath

Purchase Details

Closed on
Jun 9, 2000
Sold by
Camacho Jeffrey
Bought by
Barbarick Bradley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$30,000
Interest Rate
8.15%

Purchase Details

Closed on
Nov 4, 1996
Sold by
Discovery Funding Technology Group
Bought by
Barbarick Bradley and Camacho Jeffrey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,500
Interest Rate
7.54%

Purchase Details

Closed on
Oct 24, 1996
Sold by
Holgate George J
Bought by
Discovery Funding Technology Group

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$38,500
Interest Rate
7.54%
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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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
Fortune Weavers Inc $540,000 Ticor Title Company Of Ca
Wang Philip Feili $455,000 Chicago Title
South Fremont 8 Investment Inc $180,000 Old Republic Title
Arellano Juan -- None Available
Arellano Jose $140,000 Ticor Title Company
Aguirre Luis $365,000 United Title Company
Senco Llc -- United Title Company
Senemar Steven $335,000 First American Title
Barbarick Bradley $1,500 Fidelity Title
Barbarick Bradley $51,000 North American Title Co
Discovery Funding Technology Group -- Guardian Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fortune Weavers Inc $250,000
Previous Owner Aguirre Luis $115,000
Previous Owner Senco Llc $200,000
Previous Owner Barbarick Bradley $30,000
Previous Owner Barbarick Bradley $38,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/13/2020 11/13/20 Sold $549,000 0.0% --
09/24/2020 09/24/20 Pending -- -- --
09/15/2020 09/15/20 For Sale $549,000 +205.0% --
07/02/2013 07/02/13 Sold $180,000 -7.7% --
06/26/2013 06/26/13 Pending -- -- --
07/24/2012 07/24/12 For Sale $195,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $7,008 $584,513 $584,513 --
2024 $7,008 $573,052 $573,052 --
2023 $8,625 $561,816 $561,816 $0
2022 $8,971 $550,800 $550,800 $0
2021 $6,616 $540,000 $540,000 $0
2020 $6,305 $510,005 $510,005 $0
2019 $6,478 $500,005 $500,005 $0
2018 $5,943 $490,201 $490,201 $0
2016 $5,596 $471,167 $471,167 $0
2015 $5,549 $464,090 $464,090 $0
2014 -- $180,000 $180,000 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR20192142

California Regional Multiple Listing Service (CRMLS)

APN: 8322-030-016