NOT LISTED FOR SALE

715 E 9th St Pomona, CA 91766

Downtown Pomona Neighborhood

Estimated Value: $710,000 - $834,000

3 Beds
2 Baths
2,174 Sq Ft
$365/Sq Ft Est. Value

Last Sold February 23, 2012

Last sale price $242,888 $112 Per Sq Ft

Est. 226% increase in value since last sale

Current estimated payment $4,487/month

45 Days on Market

Highlights

  • Bungalow
  • Utility Room
  • Heating System Uses Natural Gas
  • Tile Flooring
  • Wood Siding

About This Home

As of February 2012

Positive Cash Flow - 2 houses on a lot with 3 car garage, both upgraded with copper plumbing & newer windows, all new remodeled kitchens with newer kitchen cabinets & appliances, all new remodeled bathrooms, ceiling fans thru-out, newer stucco on back house, newer roll up garage doors, large 8,908 sq ft lot, potential to increase rent. 3 extra deep garages, Landlord pays water up to $235, trash, sewer & gardener. Tenant pays all other utilities **Size and property details are per assessor's title - Buyer to satisfy themselves

Last Agent to Sell the Property

Geri Kleinpell

Realty World First Choice License #01163285 Listed on: 12/16/2011

Realty World First Choice

Last Buyer's Agent

Min Guo

Flag Pin Realty License #01733307

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 8,908 Sq Ft Lot

Parking

  • 3 Car Garage

Home Design

  • Bungalow
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 2,174 Sq Ft Home
  • Utility Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Utilities

  • Heating System Uses Natural Gas
  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Tax Block 146
  • Tax Tract Number 1111
  • Assessor Parcel Number 8333001015

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $900
  • Insurance Expense $700
  • Water Sewer Expense $2,400
  • New Taxes Expense $3,484
  • Gross Income $1,975
  • Net Operating Income $21,300

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • CapRate: 8.19
  • View: No
  • Water Sewer Expenses: 2400.00
  • Architectural Style: Bungalow
  • Property Type: Residential Income
  • Gardener Expense: 900.00
  • Parcel Number: 8333001015
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Flooring: Carpet, Tile
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 111.72
  • Room Type: Utility Room

Exterior Features

  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: No
  • Total Parking Spaces: 5.00

Utilities

  • Utilities: Sewer Connected
  • Heating: No
  • Laundry: No
  • Heating Type: Natural Gas, Wall Furnace
  • Sewer: Sewer Paid
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 8908.00
  • Lot Size Acres: 0.2040

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 1975.00
  • Gross Multiplier: 10.97
  • Gross Scheduled Income: 23700.00
  • Insurance Expense: 700.00
  • Lot Size Area: 8908.0000 Square Feet
  • Maintenance Percent: 1.00
  • Net Operating Income: 21300.00
  • 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
  • Total Actual Rent: 23700.00

Tax Info

  • New Taxes Expense: 3484.00
  • Tax Area: 7790
  • Tax Block: 146
  • Tax Lot: 0.
  • Tax Tract Number: 1111

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 16, 2011
Closed on
Feb 14, 2012
Sold by
Bishop Patricia Lee and Pekelder Janet Pauline
Bought by
Pekelder James Eugene
Seller's Agent
Geri Kleinpell
Realty World First Choice
Buyer's Agent
Min Guo
Flag Pin Realty
List Price
$260,000
Sold Price
$242,888
Premium/Discount to List
-$17,112
-6.58%
Current Estimated Value
$792,724

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$549,836
Avg. Annual Appreciation
8.91%

Purchase Details

Listed on
Dec 16, 2011
Closed on
Feb 9, 2012
Sold by
Pekelder Anna
Bought by
Pekelder James Eugene
Seller's Agent
Geri Kleinpell
Realty World First Choice
Buyer's Agent
Min Guo
Flag Pin Realty
List Price
$260,000
Sold Price
$242,888
Premium/Discount to List
-$17,112
-6.58%

Purchase Details

Listed on
Dec 16, 2011
Closed on
Feb 1, 2012
Sold by
Pekelder James Eugene
Bought by
Vision Max Optometry Retirement Trust
Seller's Agent
Geri Kleinpell
Realty World First Choice
Buyer's Agent
Min Guo
Flag Pin Realty
List Price
$260,000
Sold Price
$242,888
Premium/Discount to List
-$17,112
-6.58%

Purchase Details

Closed on
Mar 2, 2007
Sold by
The Edith P Hook Trust
Bought by
Pekelder James Eugene

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$290,000
Interest Rate
6.29%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 20, 2000
Sold by
Hook Edith P
Bought by
Hook Edith P and The Edith P Hook Trust
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Pekelder James Eugene -- Investors Title Company
Pekelder James Eugene -- Investors Title Company
Pekelder James Eugene -- Investors Title Company
Vision Max Optometry Retirement Trust $243,000 Investors Title Company
Pekelder James Eugene -- None Available
Hook Edith P -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Pekelder James Eugene $290,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/23/2012 02/23/12 Sold $242,888 -6.6% $112 / Sq Ft
01/30/2012 01/30/12 Pending -- -- --
12/16/2011 12/16/11 For Sale $260,000 -- $120 / 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 $4,146 $305,209 $226,084 $79,125
2024 $4,146 $299,225 $221,651 $77,574
2023 $4,065 $293,358 $217,305 $76,053
2022 $3,999 $287,607 $213,045 $74,562
2021 $3,901 $281,968 $208,868 $73,100
2020 $3,887 $279,078 $206,727 $72,351
2019 $3,978 $273,607 $202,674 $70,933
2018 $3,643 $268,243 $198,700 $69,543
2016 $3,410 $257,829 $190,985 $66,844
2015 $3,382 $253,957 $188,117 $65,840
2014 $3,369 $248,984 $184,433 $64,551
Source: Public Records

Agents Affiliated with this Home

  • Geri Kleinpell

    Seller's Agent in 2012

    Geri Kleinpell

    Realty World First Choice

    (562) 533-6168

    13 Total Sales

    Geri Kleinpell
    Section Image

  • M

    Buyer's Agent in 2012

    Min Guo

    Flag Pin Realty

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P806129

California Regional Multiple Listing Service (CRMLS)

APN: 8333-001-015

California Los Angeles County Pomona 91766 Downtown Pomona

715 E 9th St, Pomona, CA

Not Listed for Sale

MultiFamily

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