NOT LISTED FOR SALE

298 E Franklin Ave Pomona, CA 91766

South Pomona Neighborhood

Estimated Value: $669,000 - $814,000

3 Beds
2 Baths
1,169 Sq Ft
$628/Sq Ft Est. Value

Last Sold August 30, 2021

Last sale price $575,000 $492 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $4,631/month

19 Days on Market

Highlights

  • Property is near public transit
  • Laundry Room
  • Front Yard

About This Home

As of August 2021

Great opportunity to own a Duplex in the city of Pomona. 2 separate buildings. Live in one unit and rent the other or perfect for a large family/investor. Located just minutes away from the new shopping center and new developments on Rio Rancho Rd and the 71 highway. Multi-family zoned R-3 property with a large lot roughly 10,141 SF. Potential buyer(s) are encouraged to verify and satisfy themselves with the city as far as zoning is concerned and what could potentially be built or added onto existing property.

Last Agent to Sell the Property

Ramses Nava

CARDONA REALTY License #02007945 Listed on: 07/14/2021

Last Buyer's Agent

RAMSES NAVA

RE/MAX TOP PRODUCERS License #02007945

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,589

Year Built

  • Built in 1935

Lot Details

  • 10,141 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway

Home Design

  • 1,169 Sq Ft Home

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • Laundry Room
  • Property is near public transit

Listing and Financial Details

  • Legal Lot and Block 3 / C
  • Tax Tract Number 11190
  • Assessor Parcel Number 8328022001

Community Details

Overview

  • 2 Buildings
  • 2 Units

Amenities

  • Laundry Facilities

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,400
  • Trash Expense $600
  • Water Sewer Expense $1,200
  • Operating Expense $3,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,589

Year Built

Built in 1935

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Zoning: POR1E*
  • Property Type: Residential Income
  • Parcel Number: 8328022001
  • Year Built: 1935
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 491.87

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 1.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Near Public Transit
  • Lot Size Sq Ft: 10141.00
  • Lot Size Acres: 0.2328

Multi Family

  • Insurance Expense: 1400.00
  • Lot Size Area: 10141.0000 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
  • Total Expenses: 3200.00

Tax Info

  • Tax Block: C
  • Tax Census Tract: 4029.02
  • Tax Lot: 3
  • Tax Tract Number: 11190

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 18, 2024
Sold by
Bribiesca Roberto Almaraz
Bought by
American Tr
Current Estimated Value
$733,993

Purchase Details

Closed on
Sep 30, 2022
Sold by
Allegheny County Department Roberto Brib and Bribiesca Roberto Almaraz
Bought by
Bribiesca Roberto Almaraz

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$434,500
Interest Rate
5.55%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 14, 2021
Closed on
Aug 6, 2021
Sold by
Keshavjee David and Keshavjee Laura
Bought by
Almaraz Roberto Bribiesca
Seller's Agent
Ramses Nava
CARDONA REALTY
Buyer's Agent
Ramses Nava
CARDONA REALTY
List Price
$550,000
Sold Price
$575,000
Premium/Discount to List
$25,000
4.55%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.09%
Original Mortgage
$395,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2009
Sold by
Deutsche Bank National Trust Company
Bought by
Keshavjee David and Keshavjee Laura

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$129,500
Interest Rate
5.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 4, 2008
Sold by
Gonzalez Jose
Bought by
Deutsche Bank National Trust Co and Securitized Asset Backed Receivables Llc

Purchase Details

Closed on
Jun 21, 2006
Sold by
National Home Builders Llc
Bought by
Gonzalez Jose

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$339,200
Interest Rate
9.24%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 7, 2006
Sold by
Paddock David J
Bought by
National Home Builders Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,500
Interest Rate
6.16%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 4, 1994
Sold by
Rothman Stephanie and Rothman Stephine
Bought by
Paddock David J
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
American Tr -- None Listed On Document
Bribiesca Roberto Almaraz -- Provident Title
Almaraz Roberto Bribiesca $575,000 Chicago Title Company
Keshavjee David $185,000 Old Republic Title Company
Deutsche Bank National Trust Co $310,703 None Available
Gonzalez Jose $426,000 Security Union Title
National Home Builders Llc $105,000 Sutic
Paddock David J $70,000 Western Cities Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bribiesca Roberto Almaraz $434,500
Previous Owner Almaraz Roberto Bribiesca $395,000
Previous Owner Keshavjee David $129,500
Previous Owner Gonzalez Jose $339,200
Previous Owner National Home Builders Llc $111,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/30/2021 08/30/21 Sold $575,000 +4.5% $492 / Sq Ft
08/02/2021 08/02/21 Pending -- -- --
07/14/2021 07/14/21 For Sale $550,000 -- $470 / 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 $7,589 $610,193 $486,139 $124,054
2024 $7,589 $598,229 $476,607 $121,622
2023 $7,436 $586,500 $467,262 $119,238
2022 $7,320 $575,000 $458,100 $116,900
2021 $3,074 $220,606 $178,873 $41,733
2020 $3,063 $218,345 $177,039 $41,306
2019 $3,133 $214,065 $173,568 $40,497
2018 $2,892 $209,868 $170,165 $39,703
2016 $2,717 $201,720 $163,558 $38,162
2015 $2,694 $198,691 $161,102 $37,589
2014 $2,687 $194,800 $157,947 $36,853
Source: Public Records

Agents Affiliated with this Home

  • R

    Seller's Agent in 2021

    Ramses Nava

    CARDONA REALTY

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV21154105

California Regional Multiple Listing Service (CRMLS)

APN: 8328-022-001

California Los Angeles County Pomona 91766 South Pomona

298 E Franklin Ave, Pomona, CA

This home is located at 298 E Franklin Ave, Pomona, CA 91766 since 14 July 2021 and is currently estimated at $733,993, approximately $627 per square foot. This property was built in 1935. 298 E Franklin Ave is a home located in Los Angeles County with nearby schools including Lexington Elementary School, Simons Middle School, and Garey High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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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