NOT LISTED FOR SALE

320 N Palomares St Pomona, CA 91767

Downtown Pomona Neighborhood

Estimated Value: $637,000 - $745,000

3 Beds
2 Baths
1,405 Sq Ft
$493/Sq Ft Est. Value

Last Sold October 16, 2023

Last sale price $605,000 $431 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $4,328/month

39 Days on Market

Highlights

  • Corner Lot
  • Cooling System Mounted To A Wall/Window
  • Landscaped
  • Private Yard
  • Laundry Room
  • Bike Trail

About This Home

As of October 2023

2 separate units each with its only separate utilities and addresses. Other unit is at 315 Monterey, Pomona. Rents are low. 2 car garage shared by tenants has just been renovated.

Last Agent to Sell the Property

Natalie Janiec Sumara

The Sands Company License #00927731 Listed on: 07/15/2023

Last Buyer's Agent

Vanessa Sanchez

License #02064295

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,659

Year Built

  • Built in 1926

Lot Details

  • 5,365 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Corner Lot
  • Rectangular Lot
  • Private Yard
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • Duplex

Interior Spaces

  • 1,405 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Cooling System Mounted To A Wall/Window
  • No Heating

Additional Features

  • Rain Gutters
  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 37 / 152
  • Tax Tract Number 4088
  • Assessor Parcel Number 8337027017
  • $456 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 2 Units

Recreation

  • Bike Trail

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $600
  • Operating Expense $2,077
  • Gross Income $12,000
  • Net Operating Income $9,923

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,659

Year Built

Built in 1926

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 282500
  • Property Attached: No
  • Zoning: POCIND*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 8337027017
  • Year Built: 1926
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: ground level
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 430.60

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Biking, Curbs, Gutters, Sidewalks, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard, Landscaped, Rectangular Lot, Yard
  • Lot Size Sq Ft: 5365.00
  • Lot Size Acres: 0.1232

Multi Family

  • Gross Income: 12000.00
  • Gross Scheduled Income: 12000.00
  • Insurance Expense: 600.00
  • Lot Size Area: 5365.0000 Square Feet
  • Net Operating Income: 9923.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 2077.00
  • Rent Control: No
  • Total Actual Rent: 1000.00
  • Total Expenses: 2077.00

Tax Info

  • Tax Block: 152
  • Tax Census Tract: 4088.00
  • Tax Lot: 37
  • Tax Tract Number: 4088
  • TaxOtherAnnualAssessmentAmount: 456.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 15, 2023
Closed on
Aug 31, 2023
Sold by
Luis P & Gertrude B Carscaden Living Tru
Bought by
Verduzco Angela Perez
Seller's Agent
Natalie Janiec Sumara
The Sands Company
Buyer's Agent
Vanessa Sanchez
List Price
$565,000
Sold Price
$605,000
Premium/Discount to List
$40,000
7.08%
Views
280
Current Estimated Value
$673,909

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$68,909
Avg. Annual Appreciation
7.81%
Original Mortgage
$594,041
Interest Rate
7.18%
Mortgage Type
FHA

Purchase Details

Closed on
Apr 1, 1998
Sold by
Odom Betty J
Bought by
Carscaden Luis P and Carscaden Gertrude B
Source: Public Records

Range of Values:

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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
Verduzco Angela Perez $605,000 Fidelity National Title
Carscaden Luis P $25,000 United Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Verduzco Angela Perez $598,020
Previous Owner Verduzco Angela Perez $594,041
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/16/2023 10/16/23 Sold $605,000 +7.1% $431 / Sq Ft
07/15/2023 07/15/23 For Sale $565,000 -- $402 / 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 $7,659 $617,100 $408,000 $209,100
2024 $7,659 $605,000 $400,000 $205,000
2023 $1,506 $87,314 $60,047 $27,267
2022 $1,477 $85,603 $58,870 $26,733
2021 $1,435 $83,925 $57,716 $26,209
2020 $1,429 $83,066 $57,125 $25,941
2019 $1,452 $81,438 $56,005 $25,433
2018 $1,326 $79,842 $54,907 $24,935
2016 $1,240 $76,744 $52,776 $23,968
2015 $1,231 $75,592 $51,984 $23,608
2014 $1,235 $74,112 $50,966 $23,146
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2023

    Natalie Janiec Sumara

    The Sands Company

    (626) 926-0222

    1 in this area

    13 Total Sales

    Section Image
  • Vanessa Sanchez

    Buyer's Agent in 2023

    Vanessa Sanchez

    (760) 534-7352

    1 in this area

    71 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW23130602

California Regional Multiple Listing Service (CRMLS)

APN: 8337-027-017

California Los Angeles County Pomona 91767 Downtown Pomona

320 N Palomares St, Pomona, CA

This home is located at 320 N Palomares St, Pomona, CA 91767 since 15 July 2023 and is currently estimated at $693,188, approximately $493 per square foot. This property was built in 1926. 320 N Palomares St is a home located in Los Angeles County with nearby schools including Abraham Lincoln Elementary School, Emerson Middle School, and Pomona 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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