NOT LISTED FOR SALE

577 Laurel Ave Pomona, CA 91768

Wilton Heights Historic District Neighborhood

Estimated Value: $581,000 - $742,000

4 Beds
2 Baths
1,290 Sq Ft
$532/Sq Ft Est. Value

Sale Details

Date Sold: July 28, 2018

Last sale price $455,000 $353 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $4,285 / mo

7 Days on Market

Highlights

  • Property is near public transit
  • Front Yard
  • 1-Story Property
  • No HOA

About This Home

As of July 2018

This 2 unit residential property located in the City of Pomona. This single story property features 2 units with 2 -2 bed/1 bath, front yard with a fruit trees with Laundry hookups. There is a 2 car garage and a long driveway for parking. Each unit has its own water heater with separate gas and electric meters. New concrete driveway all the way from the street to the garage. The property is conveniently located North of Down Town Pomona. 5 min drive to the Pomona Train Station. Close proximity to the 10 freeways, Shopping Centers.

Last Agent to Sell the Property

James Gallardo

James Gallardo, Broker License #01373520 Listed on: 05/07/2018

Last Buyer's Agent

James Gallardo

James Gallardo, Broker License #01373520 Listed on: 05/07/2018

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1885

Lot Details

  • 7,680 Sq Ft Lot
  • No Common Walls
  • No Landscaping
  • Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Duplex

Interior Spaces

  • 1,290 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry in unit
  • Washer Hookup

Additional Features

  • Property is near public transit
  • Septic Type Unknown

Listing and Financial Details

  • Tenant pays for all utilities, telephone, trash collection, water
  • Tax Lot 6
  • Tax Tract Number 4023
  • Assessor Parcel Number 8340020006

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Water Sewer Expense $1,200
  • New Taxes Expense $5,625
  • Operating Expense $2,400
  • Gross Income $30,000
  • Net Operating Income $31,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1885

Lot Details

7,680 Sq Ft Lot

Parking

2

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1200.00
  • Zoning: POR3YY
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 8340020006
  • Year Built: 1885
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 352.71

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway, Concrete
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Washer Hookup
  • Sewer: Unknown

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Near Public Transit, No Landscaping
  • Lot Size Sq Ft: 7680.00

Rental Info

  • Tenant Pays: All Utilities, Telephone, Trash Collection, Water

Multi Family

  • Gross Income: 30000.00
  • Gross Scheduled Income: 33600.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 31200.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 2400.00
  • Rent Control: No
  • Total Expenses: 2400.00

Tax Info

  • New Taxes Expense: 5625.00
  • Tax Census Tract: 4023.03
  • Tax Lot: 6
  • Tax Tract Number: 4023

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
May 7, 2018
Closed on
Jul 18, 2018
Sold by
Bought by
Seller's Agent
James Gallardo
James Gallardo, Broker
Buyer's Agent
James Gallardo
James Gallardo, Broker
List Price
$450,000
Sold Price
$455,000
Premium/Discount to List
$5,000
1.11%
Current Estimated Value
$685,655

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$230,655
Avg. Annual Appreciation
5.33%
Original Mortgage
$446,758
Outstanding Balance
$389,306
Interest Rate
4.75%
Mortgage Type
FHA
Estimated Equity
$296,349

Purchase Details

Closed on
Sep 11, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$160,000
Interest Rate
3.59%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 21, 2011
Sold by
Bought by

Purchase Details

Closed on
Oct 19, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,500
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 3, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,500
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 26, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,500
Interest Rate
7.25%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Dec 17, 2003
Sold by
Bought by

Purchase Details

Closed on
Jul 22, 2002
Sold by
Bought by

Purchase Details

Closed on
Jun 1, 2001
Sold by
Bought by

Purchase Details

Closed on
Oct 18, 1996
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$123,300
Interest Rate
7.88%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$455,000 Stewart Title Of California
-- Stewart Title
$115,000 Stewart Title Of California
$122,000 None Available
-- North American Title Co
-- North American Title Co
$345,000 North American Title Co
-- --
-- --
-- --
$124,500 Fidelity National Title Ins
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $446,758
Previous Owner $160,000
Previous Owner $310,500
Previous Owner $123,300
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/28/2018 07/28/18 Sold $455,000 +1.1% $353 / Sq Ft
05/14/2018 05/14/18 Pending -- -- --
05/07/2018 05/07/18 For Sale $450,000 -- $349 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,985 $507,555 $284,454 $223,101
2024 $6,379 $497,604 $278,877 $218,727
2023 $6,251 $487,848 $273,409 $214,439
2022 $6,153 $478,284 $268,049 $210,235
2021 $6,013 $468,907 $262,794 $206,113
2020 $5,994 $464,100 $260,100 $204,000
2019 $6,139 $455,000 $255,000 $200,000
2018 $2,926 $216,450 $108,225 $108,225
2016 $1,687 $119,624 $83,218 $36,406
2015 $1,672 $117,828 $81,968 $35,860
2014 $1,719 $115,521 $80,363 $35,158
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2018

    James Gallardo

    James Gallardo, Broker

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG18106705

California Regional Multiple Listing Service (CRMLS)

APN: 8340-020-006

California Los Angeles County Pomona 91768 Wilton Heights Historic District

577 Laurel Ave, Pomona, CA

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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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