NOT LISTED FOR SALE

349 Orchid Ln Pomona, CA 91766

South Pomona Neighborhood

Estimated Value: $1,145,000 - $1,330,000

12 Beds
8 Baths
4,347 Sq Ft
$286/Sq Ft Est. Value

Last Sold July 03, 2018

Last sale price $765,000 $176 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $8,008/month

14 Days on Market

About This Home

As of July 2018

Vanguard Real Estate is pleased to present for sale 349 Orchid LN . A four unit apartment community in the city of Pomona boardering Chino Hills. The property features four 3 bedroom 2 bath units with four single car garages. Situated between the 71 and 60 Freeway, 349 Orchid LN offers a location that neighbors thriving newly built shopping centers within walking distance to National retail stores such as Target, Winco groceries and Wal Mart. 349 Orchid LN is located in a vibrant neighborhood that offers dozens of retail, cafe, dining and entertainment venues within a 8 minute drive to the Shoppes in Chino Hills, an outdoor shopping mall with over 80 retails stores and dinning establishments. If your looking for a great property in a great location , look no more!.

Last Agent to Sell the Property

SALVADOR RAMOS

VANGUARD REAL ESTATE Listed on: 05/17/2018

Last Buyer's Agent

SALVADOR RAMOS

VANGUARD REAL ESTATE Listed on: 05/17/2018

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $14,848

Year Built

  • Built in 1965

Lot Details

  • 7,137 Sq Ft Lot
  • Two or More Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage
  • Parking Available
  • Single Garage Door
  • Driveway

Home Design

  • Apartment

Interior Spaces

  • 4,347 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 8 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 14
  • Tax Tract Number 29
  • Assessor Parcel Number 8331024014

Community Details

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $650
  • Gardener Expense $650
  • Insurance Expense $1,200
  • Maintenance Expense $1,800
  • Trash Expense $1,200
  • Water Sewer Expense $4,200
  • New Taxes Expense $11,237
  • Operating Expense $20,937
  • Gross Income $60,000
  • Net Operating Income $50,400

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$14,848

Year Built

Built in 1965

Lot Details

0

Parking

4

Listing Details

  • CapRate: 4.35
  • Property Attached: Yes
  • Water Sewer Expenses: 4200.00
  • Zoning: POR31000*
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 650.00
  • Parcel Number: 8331024014
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 175.98

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: Yes
  • Parking Features: Driveway, Garage - Single Door
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7137.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average3 Bed Area: 1100 Square Feet
  • Electric Expense: 650.00
  • Gross Income: 60000.00
  • Gross Scheduled Income: 60000.00
  • Insurance Expense: 1200.00
  • Maintenance Expense: 1800.00
  • Net Operating Income: 50400.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 9600.00
  • Rent Control: No
  • Total Actual Rent: 5000.00
  • Total Expenses: 20937.00

Tax Info

  • New Taxes Expense: 11237.00
  • Tax Census Tract: 4029.02
  • Tax Lot: 14
  • Tax Tract Number: 29.02

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 27, 2023
Sold by
Bui Joseph Minh and Bui Lynn
Bought by
Jlanbui Trust and Nguyen
Current Estimated Value
$1,242,606

Purchase Details

Listed on
May 17, 2018
Closed on
Jun 12, 2018
Sold by
Gichuru Stephen
Bought by
Bui Joseph Minh and Nguyen Lynn
Seller's Agent
SALVADOR RAMOS
VANGUARD REAL ESTATE
Buyer's Agent
SALVADOR RAMOS
VANGUARD REAL ESTATE
List Price
$899,000
Sold Price
$765,000
Premium/Discount to List
-$134,000
-14.91%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.65%
Original Mortgage
$500,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 17, 2012
Sold by
Soria Joes Luis and Soria Guillermina G
Bought by
Gichuru Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$356,250
Interest Rate
3.65%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 17, 2007
Sold by
Soria Jose Luis and Soria Guillermina G
Bought by
Soria Jose Luis and Soria Guillermina G

Purchase Details

Closed on
Oct 12, 1999
Sold by
Angel Coin Service
Bought by
Soria Jose Luis and Soria Guillermina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
9.75%

Purchase Details

Closed on
Sep 20, 1999
Sold by
Kleinpell James Albert and Wong Kleinpell Geraldine
Bought by
Soria Jose Luis and Soria Guillermina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$170,000
Interest Rate
9.75%

Purchase Details

Closed on
Oct 8, 1997
Sold by
Kleinpell Darin Michael and Kleinpell Jim A
Bought by
Kleinpell James Albert and Wong Kleinpell Geraldine

Purchase Details

Closed on
Apr 10, 1995
Sold by
Kleinpell Darin Michael
Bought by
Kleinpell Darin Michael and Kleinpell Jim A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,200
Interest Rate
6.5%

Purchase Details

Closed on
Feb 28, 1995
Sold by
Angel Coin Service
Bought by
Emc Mtg Corp

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,200
Interest Rate
6.5%

Purchase Details

Closed on
Feb 15, 1995
Sold by
Emc Mtg Corp
Bought by
Kleinpell Darin Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$111,200
Interest Rate
6.5%

Purchase Details

Closed on
Jun 1, 1994
Sold by
Great Western Bank Fsb
Bought by
Emc Mtg Corp

Purchase Details

Closed on
Apr 13, 1994
Sold by
California Reconveyance Company
Bought by
Great Western Bank 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
Jlanbui Trust -- None Listed On Document
Bui Joseph Minh $765,000 Usa National Title Company
Gichuru Stephen $475,000 Ticor Title Tustin Orange Co
Soria Jose Luis -- None Available
Soria Jose Luis -- Fidelity National Title Co
Soria Jose Luis $200,000 Fidelity National Title Co
Kleinpell James Albert -- --
Kleinpell Darin Michael -- --
Emc Mtg Corp -- Fidelity National Title
Kleinpell Darin Michael $139,000 Fidelity National Title Ins
Emc Mtg Corp $100,000 Fidelity National Title
Great Western Bank Fsb $211,835 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Bui Joseph Minh $475,000
Previous Owner Bui Joseph Minh $497,000
Previous Owner Bui Joseph Minh $500,000
Previous Owner Gichuru Stephen $356,250
Previous Owner Soria Jose Luis $398,000
Previous Owner Soria Jose Luis $189,000
Previous Owner Soria Jose Luis $170,000
Previous Owner Kleinpell Darin Michael $111,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/03/2018 07/03/18 Sold $765,000 -4.4% $176 / Sq Ft
05/31/2018 05/31/18 Pending -- -- --
05/29/2018 05/29/18 Price Changed $799,999 -11.0% $184 / Sq Ft
05/17/2018 05/17/18 For Sale $899,000 -- $207 / 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 $14,848 $853,368 $407,163 $446,205
2024 $14,848 $1,160,000 $600,000 $560,000
2023 $10,794 $820,232 $391,353 $428,879
2022 $10,624 $804,150 $383,680 $420,470
2021 $10,370 $788,383 $376,157 $412,226
2020 $10,335 $780,300 $372,300 $408,000
2019 $10,593 $765,000 $365,000 $400,000
2018 $6,974 $514,070 $216,451 $297,619
2016 $6,526 $494,110 $208,047 $286,063
2015 $6,472 $486,689 $204,922 $281,767
2014 $6,442 $477,156 $200,908 $276,248
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2018

    SALVADOR RAMOS

    VANGUARD REAL ESTATE

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV18117051

California Regional Multiple Listing Service (CRMLS)

APN: 8331-024-014

California Los Angeles County Pomona 91766 South Pomona

349 Orchid Ln, Pomona, CA

This home is located at 349 Orchid Ln, Pomona, CA 91766 since 17 May 2018 and is currently estimated at $1,242,606, approximately $285 per square foot. This property was built in 1965. 349 Orchid Ln is a home located in Los Angeles County with nearby schools including Philadelphia 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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