NOT LISTED FOR SALE

197 Newman St Unit A-B Pomona, CA 91768

Ganesha Neighborhood

Estimated Value: $893,949 - $1,018,000

5 Beds
4 Baths
2,240 Sq Ft
$421/Sq Ft Est. Value

Last Sold October 16, 2019

Last sale price $610,000 $272 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $5,703/month

104 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Corner Lot
  • Recessed Lighting
  • Property is near a park
  • Living Room
  • 3-minute walk to Hamilton Park

About This Home

As of October 2019

BACK ON THE MARKET! Great producing income property for FIRST TIME BUYERS (accepting FHA) and investors, recently renovated inside out.
Separate gas (2) and electric meters (2), and one shared water meter. 2 1/2 (unit 1) and 2 1/2 (Unit 2: physically a third bedroom w/ separate entrance ***buyer(s) to verify permits***).

Last Agent to Sell the Property

Michelle Sanchez

Homequest Real Estate License #01988696 Listed on: 04/04/2019

Homequest Real Estate

Last Buyer's Agent

Bhavna Singh

The Property Connections License #01156899

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,217

Year Built

  • Built in 1990

Lot Details

  • 7,245 Sq Ft Lot
  • 1 Common Wall
  • Corner Lot
  • Paved or Partially Paved Lot
  • Back Yard
  • Density is 2-5 Units/Acre

Parking

  • 2 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,240 Sq Ft Home
  • Recessed Lighting
  • Living Room
  • Tile Flooring
  • Gas Cooktop

Bedrooms and Bathrooms

  • 5 Bedrooms
  • All Bedrooms Down
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Location

  • Property is near a park

Utilities

  • Forced Air Heating and Cooling System
  • Overhead Utilities
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 26
  • Tax Tract Number 4023
  • Assessor Parcel Number 8348011028

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,217

Year Built

Built in 1990

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Inclusions: Cooktop
  • Property Attached: Yes
  • Zoning: POR2*
  • Property Type: Residential Income
  • Parcel Number: 8348011028
  • Year Built: 1990
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Recessed Lighting
  • Common Walls: 1 Common Wall
  • Flooring: Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 272.32
  • Room Type: All Bedrooms Down, Living Room

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Cooktop
  • Heating Type: Forced Air
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Unknown
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre, Back Yard, Corner Lot, Park Nearby, Paved, Utilities - Overhead
  • Lot Size Sq Ft: 7245.00
  • Lot Size Acres: 0.1663

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Lot Size Area: 7245.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 4023.04
  • Tax Lot: 26
  • Tax Tract Number: 4023.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 12, 2019
Sold by
Sandoval Anthony
Bought by
Rodriguez Israel Hernandez and Rodriguez Maria Cristina
Current Estimated Value
$942,737

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$598,951
Interest Rate
3.62%
Mortgage Type
FHA

Purchase Details

Closed on
Jun 13, 2017
Sold by
Rodriguez Pedro
Bought by
Sandoval Anthony

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$441,849
Interest Rate
4.4%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 10, 2008
Sold by
Rodriguez Ana A
Bought by
Rodriguez Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
5.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 29, 2003
Sold by
Rodriguez Ana A
Bought by
Rodriguez Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$165,000
Interest Rate
5.84%

Purchase Details

Closed on
Apr 13, 1998
Sold by
Dealva Salvador and Dealva Maria G
Bought by
Rodriguez Pedro

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,109
Interest Rate
7.06%
Mortgage Type
FHA

Purchase Details

Closed on
Mar 14, 1995
Sold by
Citibank Fsb
Bought by
Dealva Salvador

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$140,082
Interest Rate
9.03%
Mortgage Type
FHA

Purchase Details

Closed on
Dec 16, 1994
Sold by
Rojas Jesus and Mecino Blanca Margarita
Bought by
Citibank Fsb
Source: Public Records

Range of Values:

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Average Value
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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
Rodriguez Israel Hernandez $610,000 Fidelity National Title
Sandoval Anthony $450,000 Stewart Title Of Ca Inc
Rodriguez Pedro -- Nations Title Co
Rodriguez Pedro -- First American Title Co
Rodriguez Pedro -- Gateway Title Company
Dealva Salvador $143,000 First American Title Co
Citibank Fsb $130,000 --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Rodriguez Israel Hernandez $598,951
Previous Owner Sandoval Anthony $441,849
Previous Owner Rodriguez Pedro $250,000
Previous Owner Rodriguez Pedro $165,000
Previous Owner Rodriguez Pedro $143,109
Previous Owner Dealva Salvador $140,082
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/16/2019 10/16/19 Sold $610,000 -0.8% $272 / Sq Ft
09/17/2019 09/17/19 For Sale $615,000 0.0% $275 / Sq Ft
07/17/2019 07/17/19 Pending -- -- --
04/04/2019 04/04/19 For Sale $615,000 -- $275 / Sq Ft
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 $9,217 $672,900 $346,490 $326,410
2024 $9,016 $659,707 $339,697 $320,010
2023 $8,281 $646,773 $333,037 $313,736
2022 $8,153 $634,092 $326,507 $307,585
2021 $7,903 $616,319 $313,211 $303,108
2020 $7,878 $610,000 $310,000 $300,000
2019 $6,333 $459,000 $204,000 $255,000
2018 $5,815 $450,000 $200,000 $250,000
2016 $2,681 $202,883 $39,717 $163,166
2015 $2,658 $199,837 $39,121 $160,716
2014 $2,649 $195,923 $38,355 $157,568
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2019

    Michelle Sanchez

    Homequest Real Estate

    Section Image

  • B

    Buyer's Agent in 2019

    Bhavna Singh

    The Property Connections

    (714) 928-7110

    Bhavna Singh
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW19077612

California Regional Multiple Listing Service (CRMLS)

APN: 8348-011-028

California Los Angeles County Pomona 91768 Ganesha

197 Newman St Unit A-B, Pomona, CA

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