NOT LISTED FOR SALE

311 E Pasadena St Pomona, CA 91767

Lincoln Park Neighborhood

Estimated Value: $669,000 - $715,820

4 Beds
3 Baths
1,565 Sq Ft
$445/Sq Ft Est. Value

Last Sold March 19, 2022

Last sale price $570,000 $364 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $4,261/month

6 Days on Market

Highlights

  • Laundry Room
  • No Heating
  • 1-Story Property
  • Carpet

About This Home

As of March 2022

Two houses on one lot. Good pro-forma rental income $1800 each unit. -----Back House: 2 Bedroom & 1 ½ bathroom, living room, kitchen, inside laundry area, completely renovated in 2019. d) Fenced front yard and backyard. Front house: 2 Bedroom & 1 bathroom, living room, and kitchen and new roof. All information is deemed reliable, but not guaranteed. Buyer and buyer’s representatives to do their own due diligence and consult with local officials.

Last Agent to Sell the Property

Johanna Aragon

Millennium Empire Realty License #01838884 Listed on: 02/02/2022

Last Buyer's Agent

Soraya Machado-Powell

Vylla Home, Inc. License #01108855

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1912

Lot Details

  • 4,913 Sq Ft Lot
  • 1 Common Wall
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,565 Sq Ft Home
  • 1-Story Property
  • Carpet
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • No Heating

Listing and Financial Details

  • Legal Lot and Block 2 / 178
  • Tax Tract Number 7790
  • Assessor Parcel Number 8337013014
  • $445 per year additional tax assessments

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $300
  • Insurance Expense $345
  • Trash Expense $52
  • Water Sewer Expense $150
  • Operating Expense $7,465
  • Gross Income $28,800
  • Net Operating Income $7,465

Property Details

Home Type

Multi-Family

Year Built

Built in 1912

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 150.00
  • Zoning: POT4YY
  • Property Type: Residential Income
  • Parcel Number: 8337013014
  • Year Built: 1912
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Appliances: No
  • Levels: One
  • Price Per Square Foot: 364.22

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 52.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 4913.00
  • Lot Size Acres: 0.1128
  • Latitude Manual: 34.06351800

Multi Family

  • Electric Expense: 300.00
  • Gross Income: 28800.00
  • Gross Scheduled Income: 28800.00
  • Insurance Expense: 345.00
  • Lot Size Area: 4913.0000 Square Feet
  • Net Operating Income: 7465.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 21600.00
  • Rent Control: No
  • Total Expenses: 7465.00

Tax Info

  • Tax Block: 178
  • Tax Census Tract: 4026.00
  • Tax Lot: 2
  • Tax Tract Number: 07790
  • TaxOtherAnnualAssessmentAmount: 445.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 2, 2022
Closed on
Feb 18, 2022
Sold by
Jerry Khoshoryan Zhirayr and Jerry Mariam
Bought by
Cox Nicole Ashley
Seller's Agent
Johanna Aragon
Millennium Empire Realty
Buyer's Agent
Soraya Machado-Powell
Vylla Home, Inc.
List Price
$550,000
Sold Price
$570,000
Premium/Discount to List
$20,000
3.64%
Current Estimated Value
$696,705

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,705
Avg. Annual Appreciation
5.42%
Original Mortgage
$559,675
Outstanding Balance
$521,979
Interest Rate
3.92%
Mortgage Type
FHA
Estimated Equity
$174,726

Purchase Details

Closed on
Aug 10, 2005
Sold by
Montecillo Allan G and Anonas Maria R
Bought by
Khoshoryan Zhirayr Jerry and Khoshoryan Mariam

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$348,000
Interest Rate
3%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Sep 20, 2004
Sold by
Hernandez Miguel
Bought by
Montecillo Allan G and Anonas Maria R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$328,500
Interest Rate
7.4%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 31, 2002
Sold by
Hernandez Catalina
Bought by
Hernandez Miguel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,850
Interest Rate
5.86%

Purchase Details

Closed on
Mar 30, 2001
Sold by
Citimortgage Inc
Bought by
Hud

Purchase Details

Closed on
May 3, 1999
Sold by
Dsilva John
Bought by
Ocampo Jose Martin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$143,814
Interest Rate
7.05%
Mortgage Type
FHA

Purchase Details

Closed on
Jan 27, 1999
Sold by
Joe Arroyo Trust and Pauline M
Bought by
Dsilva John

Purchase Details

Closed on
Sep 13, 1993
Sold by
Arroyo Joe
Bought by
The Trust Of Joe Arroyo and Arroyo Joe
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Cox Nicole Ashley $570,000 Chicago Title
Khoshoryan Zhirayr Jerry $435,000 --
Montecillo Allan G $365,000 First Southwestern Title Com
Hernandez Miguel -- Diversified Title & Escrow S
Hernandez Miguel $181,500 Diversified Title & Escrow S
Hud -- Fidelity National Title
Citimortgage Inc $156,426 --
Ocampo Jose Martin $145,000 --
Dsilva John $84,000 Northern Counties Title Co
The Trust Of Joe Arroyo -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Cox Nicole Ashley $559,675
Previous Owner Khoshoryan Zhirayr Jerry $348,000
Previous Owner Montecillo Allan G $328,500
Previous Owner Hernandez Miguel $144,850
Previous Owner Ocampo Jose Martin $143,814
Closed Montecillo Allan G $18,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/19/2022 03/19/22 Sold $570,000 +3.6% $364 / Sq Ft
02/09/2022 02/09/22 Pending -- -- --
02/02/2022 02/02/22 For Sale $550,000 -- $351 / 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 $7,447 $604,888 $424,483 $180,405
2024 $7,447 $593,028 $416,160 $176,868
2023 $7,379 $581,400 $408,000 $173,400
2022 $7,146 $560,162 $386,322 $173,840
2021 $6,983 $549,180 $378,748 $170,432
2019 $7,143 $532,893 $367,515 $165,378
2018 $6,633 $522,445 $360,309 $162,136
2016 $4,107 $321,000 $221,400 $99,600
2015 $3,764 $290,000 $200,000 $90,000
2014 $3,574 $270,000 $186,200 $83,800
Source: Public Records

Agents Affiliated with this Home

  • Johanna Aragon

    Seller's Agent in 2022

    Johanna Aragon

    Millennium Empire Realty

    (562) 806-8030

    1 in this area

    9 Total Sales

    Johanna Aragon
    Section Image
  • Soraya Machado-Powell

    Buyer's Agent in 2022

    Soraya Machado-Powell

    Vylla Home, Inc.

    (310) 213-4993

    1 in this area

    30 Total Sales

    Soraya Machado-Powell
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW22014638

California Regional Multiple Listing Service (CRMLS)

APN: 8337-013-014

California Los Angeles County Pomona 91767 Lincoln Park

311 E Pasadena St, Pomona, CA

Not Listed for Sale

MultiFamily

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