NOT LISTED FOR SALE

Estimated Value: $596,000 - $1,998,000

5 Beds
3 Baths
2,248 Sq Ft
$568/Sq Ft Est. Value

Last Sold August 09, 2021

Last sale price $1,045,000 $465 Per Sq Ft

Est. 22% increase in value since last sale

Current estimated payment $7,672/month

43 Days on Market

About This Home

As of August 2021

Extremely rare Claremont Village mixed use development opportunity. 9719 sq. ft. lot with 3 residential rental units.

Property is zoned “CLCV” and designated as mixed residential and commercial in the Claremont Village District. Buyer to check with city to verify development possibilities. Subject property consists of 2 parcels, 330 and 336 Harrison Ave (8313-015-017 and 8313-015-018.) Parcels are “sectional” per title and must be sold together per city requirements. Future developer can build residential or commercial on the 2 parcels (subject to Claremont municipal code).

330 Harrison, per title description, consists of 2 units (1,704 total sq. ft.) on 4,493 sq. ft of land. Front unit is a 2 bed/1 bath house built in 1915. Back unit is a 2 story, 1 bed/1 bath detached apartment. 8313-015-018

336 Harrison, per title description, consists of a 544 sq. ft., 1 bed/1bath unit on 5,226 sq. ft. of land. 8313-015-017.

Buyer to verify all measurements and any details related to property.

PLEASE DO NOT DISTURB TENANTS!!!!

Last Agent to Sell the Property

Brad Lindenberg

Coldwell Banker Tri-Counties R License #01230990 Listed on: 03/23/2021

Coldwell Banker Tri-Counties R

Last Buyer's Agent

Judy Lee

EXP REALTY OF CALIFORNIA INC License #01857034

EXP REALTY OF CALIFORNIA INC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,167

Year Built

  • Built in 1915

Lot Details

  • 9,719 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre
  • 8313015017

Parking

  • 1 Car Garage
  • 1 Carport Space

Home Design

  • 2,248 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Location

  • Suburban Location

Listing and Financial Details

  • Legal Lot and Block 12 / 26
  • Tax Tract Number 2729
  • Assessor Parcel Number 8313015018

Community Details

Overview

  • 3 Buildings
  • 3 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 3 Separate Gas Meters
  • Electric Expense $767
  • Insurance Expense $2,750
  • Trash Expense $1,086
  • Water Sewer Expense $1,287
  • New Taxes Expense $20,500
  • Operating Expense $26,390
  • Gross Income $40,620
  • Net Operating Income $40,620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,167

Year Built

Built in 1915

Lot Details

0

Parking

1

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1287.00
  • Zoning: CLCV*
  • Property Type: Residential Income
  • Parcel Number: 8313015018
  • Year Built: 1915
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 464.86

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Garage Spaces: 1.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Kitchen, Individual Room, Inside
  • Sewer: Public Sewer
  • Trash Expense: 1086.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 8313015017
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 9719.00
  • Lot Size Acres: 0.2231

Multi Family

  • Electric Expense: 767.00
  • Gross Income: 40620.00
  • Gross Operating Income: 40620.00
  • Gross Scheduled Income: 40620.00
  • Insurance Expense: 2750.00
  • Lot Size Area: 9719.0000 Square Feet
  • Net Operating Income: 40620.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 3
  • Number Of Units Total: 3
  • Rent Control: Yes
  • Total Expenses: 26390.00

Tax Info

  • New Taxes Expense: 20500.00
  • Tax Block: 26
  • Tax Census Tract: 4019.02
  • Tax Lot: 12
  • Tax Tract Number: 2729

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 12, 2021
Sold by
Boswell Sarah Moore and Omalley Lauren M
Bought by
Arboles Verdes Llc
Current Estimated Value
$1,277,333

Purchase Details

Closed on
Apr 20, 2012
Sold by
Fowler C Ray and Fowler Barbara B
Bought by
Fowler C Ray and Fowler Barbara B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$207,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2009
Sold by
Fowler Charles Ray and Fowler Barbara B
Bought by
Fowler C Ray and Fowler Barbara B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$208,000
Interest Rate
5.31%
Mortgage Type
New Conventional
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
Arboles Verdes Llc $1,050,000 First American Title Company
Fowler C Ray -- Accommodation
Fowler C Ray -- Lsi
Fowler C Ray -- Accommodation
Fowler Charles Ray -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Fowler C Ray $207,000
Previous Owner Fowler Charles Ray $208,000
Previous Owner Fowler C Ray $200,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/09/2021 08/09/21 Sold $1,045,000 -30.3% $465 / Sq Ft
03/23/2021 03/23/21 For Sale $1,500,000 -- $667 / 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
2024 $7,167 $598,230 $598,230 --
2023 $7,685 $586,500 $408,000 $178,500
2022 $7,552 $575,000 $400,000 $175,000
2021 $1,437 $40,027 $21,032 $18,995
2020 $1,417 $39,618 $20,817 $18,801
2019 $1,390 $38,842 $20,409 $18,433
2018 $1,333 $38,081 $20,009 $18,072
2016 $1,247 $36,604 $19,233 $17,371
2015 $1,232 $36,056 $18,945 $17,111
2014 $1,241 $35,350 $18,574 $16,776
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR21059636

California Regional Multiple Listing Service (CRMLS)

APN: 8313-015-018