NOT LISTED FOR SALE

540 N Towne Ave Pomona, CA 91767

Pomona East Neighborhood

Estimated Value: $736,981 - $895,000

4 Beds
3 Baths
2,300 Sq Ft
$359/Sq Ft Est. Value

Last Sold November 30, 2013

Last sale price $365,000 $159 Per Sq Ft

Est. 126% increase in value since last sale

Current estimated payment $5,004/month

72 Days on Market

Highlights

  • No HOA
  • Zero Lot Line
  • 1-Story Property

About This Home

As of November 2013

Nice 3 units with 2 separate buildings. One building is about 1248 sq ft with 2 bedroom and 1 bathroom. The other building is a duplex with 1 bedroom 1 bathroom each. Currently both building is under going renovation and is almost finished. One unit is currently rented and 2 are vacant due to the renovation work being done. Has a nice common area and plenty of parking for tenants. Lots of potential to increase rents and increase value.

Last Agent to Sell the Property

Richard Han

Keller Williams Coastal Prop. License #01277406 Listed on: 08/31/2013

Keller Williams Coastal Prop.

Last Buyer's Agent

Jack Harriman

Seven Gables Real Estate License #01920575

Seven Gables Real Estate

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,018

Year Built

  • Built in 1939

Lot Details

  • 0.28 Acre Lot
  • 1 Common Wall
  • Zero Lot Line

Home Design

  • Property Attached

Interior Spaces

  • 2,300 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 6 Parking Spaces
  • Parking Available
  • Unassigned Parking

Location

  • Suburban Location

Listing and Financial Details

  • Assessor Parcel Number 8337016034

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 1 Leased Unit
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $150
  • Trash Expense $90
  • Water Sewer Expense $200
  • New Taxes Expense $374
  • Gross Income $2,650
  • Net Operating Income $22,032

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,018

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Other Phone Description: 562-810-3800
  • Property Attached: Yes
  • Water Sewer Expenses: 200.00
  • Property Type: Residential Income
  • Parcel Number: 8337016034
  • Year Built: 1939
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 158.70

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Unassigned
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 90.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Lot Features: Zero Lot Line
  • Lot Size Sq Ft: 12275.00
  • Lot Size Acres: 0.2820

Multi Family

  • Average1 Bed Area: 526
  • Average2 Bed Area: 1248
  • Gross Income: 2650.00
  • Gross Scheduled Income: 31800.00
  • Insurance Expense: 150.00
  • Lot Size Area: 12275.0000 Square Feet
  • Net Operating Income: 22032.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 1
  • Number Of Units Total: 3
  • Operating Expense: 9768.00
  • Rent Control: No
  • Total Actual Rent: 2650.00

Tax Info

  • New Taxes Expense: 374.00
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 18, 2017
Sold by
Tran Jimmy Dai Nguyen
Bought by
Tran Jimmy Dai Nguyen
Current Estimated Value
$826,245

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,500
Interest Rate
4.21%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 31, 2013
Closed on
Nov 5, 2013
Sold by
Ejindu Timothy O and Ejindu Gloria
Bought by
Tran Jimmy Dai Nguyen
Seller's Agent
Richard Han
Keller Williams Coastal Prop.
Buyer's Agent
Jack Harriman
Seven Gables Real Estate
List Price
$359,000
Sold Price
$365,000
Premium/Discount to List
$6,000
1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.01%
Original Mortgage
$273,750
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 31, 2013
Closed on
Oct 11, 2013
Sold by
Nguyen Quynh Dung
Bought by
Tran Jimmy Dai Nguyen
Seller's Agent
Richard Han
Keller Williams Coastal Prop.
Buyer's Agent
Jack Harriman
Seven Gables Real Estate
List Price
$359,000
Sold Price
$365,000
Premium/Discount to List
$6,000
1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$273,750
Interest Rate
4.17%
Mortgage Type
New Conventional

Purchase Details

Closed on
Mar 16, 2005
Sold by
Continental Investments
Bought by
Ejindu Timothy O and Ejindu Gloria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$880,000
Interest Rate
5.77%
Mortgage Type
Seller Take Back
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
Tran Jimmy Dai Nguyen -- Wfg National Title Company
Tran Jimmy Dai Nguyen $365,000 Ticor Title Tustin Orange Co
Tran Jimmy Dai Nguyen -- Ticor Title Tustin Orange Co
Ejindu Timothy O $1,100,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nguyen Tran Jimmy Dai $1,000,000
Closed Tran Jimmy Dai Nguyen $458,500
Closed Tran Jimmy Dai Nguyen $458,500
Closed Tran Jimmy Dai Nguyen $332,500
Closed Tran Jimmy Dai Nguyen $273,750
Previous Owner Ejindu Timothy O $880,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/30/2013 11/30/13 Sold $365,000 +1.7% $159 / Sq Ft
11/11/2013 11/11/13 Pending -- -- --
08/31/2013 08/31/13 For Sale $359,000 -- $156 / 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 $6,018 $447,428 $245,166 $202,262
2024 $6,018 $438,656 $240,359 $198,297
2023 $5,901 $430,056 $235,647 $194,409
2022 $5,806 $421,625 $231,027 $190,598
2021 $5,668 $413,359 $226,498 $186,861
2020 $5,649 $409,121 $224,176 $184,945
2019 $5,777 $401,100 $219,781 $181,319
2018 $5,232 $393,236 $215,472 $177,764
2016 $4,907 $377,968 $207,106 $170,862
2015 $4,865 $372,292 $203,996 $168,296
2014 $4,845 $365,000 $200,000 $165,000
Source: Public Records

Agents Affiliated with this Home

  • Richard Han

    Seller's Agent in 2013

    Richard Han

    Keller Williams Coastal Prop.

    (562) 810-3800

    45 Total Sales

    Richard Han
    Section Image
  • Jack Harriman

    Buyer's Agent in 2013

    Jack Harriman

    Seven Gables Real Estate

    (626) 201-2684

    47 Total Sales

    Jack Harriman
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13177207

California Regional Multiple Listing Service (CRMLS)

APN: 8337-016-034

California Los Angeles County Pomona 91767 Pomona East

540 N Towne Ave, Pomona, CA

This home is located at 540 N Towne Ave, Pomona, CA 91767 since 31 August 2013 and is currently estimated at $826,245, approximately $359 per square foot. This property was built in 1939. 540 N Towne Ave is a home located in Los Angeles County with nearby schools including San Antonio 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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