NOT LISTED FOR SALE

Estimated Value: $422,000 - $1,080,000

4 Beds
3 Baths
1,797 Sq Ft
$422/Sq Ft Est. Value

Last Sold April 05, 2018

Last sale price $905,000 $504 Per Sq Ft

Est. 16% decrease in value since last sale

Current estimated payment $4,264/month

119 Days on Market

Highlights

  • 36,954 Sq Ft lot
  • Laundry Room
  • 1-Story Property

About This Home

As of April 2018

A great development opportunity to build 11 Condo Units!! Fantastic Opportunity for Developers and Investors. Large lot includes 2 parcels in prime location with Conditionally Used Permit approved by the city to build 11 condo units over 3 buildings. Currently there are 2 Units on site, together leased out for approx. $1530 per month. All property info deemed reliable but not guaranteed, buyer to conduct own investigation to their own satisfaction and verify all data. (2 Parcels - APN# 8333-004-010 and 8333-004-012) Easy access to parks, swim center, City Hall, downtown district and Pomona Station for Metrolink and buses. Nearby Universities such as Cal Poly Pomona, Claremont Colleges, DeVry University, Mt. SAC, and Western University of Health and Science, across the street a newly remodeled Elementary School.

Last Agent to Sell the Property

Peggy Fong Chen

Re/Max Omega License #01461698 Listed on: 11/01/2017

Re/Max Omega

Last Buyer's Agent

Harry Shang

GREAT WALL REALTY, INC. License #01833183

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 0.85 Acre Lot
  • No Common Walls
  • 8333004012

Interior Spaces

  • 1,797 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 8333004010

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Gross Income $18,360

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: POR31000*
  • Property Type: Residential Income
  • Parcel Number: 8333004010
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 503.62

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Sewer: Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Additional Parcels Description: 8333004012
  • Land Lease: No
  • Lot Features: Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 36954.00

Multi Family

  • Gross Income: 18360.00
  • Gross Scheduled Income: 18360.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 4028.04
  • Tax Lot: 1

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 12, 2019
Sold by
Liu Chenglu
Bought by
Xiao Na
Current Estimated Value
$757,667

Purchase Details

Closed on
Feb 12, 2019
Sold by
Zou Desheng
Bought by
Xiao Na

Purchase Details

Listed on
Nov 1, 2017
Closed on
May 23, 2018
Sold by
Liu Chenglu
Bought by
Liu Chenglu
Seller's Agent
Peggy Fong Chen
Re/Max Omega
Buyer's Agent
Harry Shang
GREAT WALL REALTY, INC.
List Price
$990,000
Sold Price
$905,000
Premium/Discount to List
-$85,000
-8.59%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-2.27%

Purchase Details

Listed on
Nov 1, 2017
Closed on
Mar 2, 2018
Sold by
Braves Developments Llc
Bought by
Liu Chenglu and Yang Xiaoyuan
Seller's Agent
Peggy Fong Chen
Re/Max Omega
Buyer's Agent
Harry Shang
GREAT WALL REALTY, INC.
List Price
$990,000
Sold Price
$905,000
Premium/Discount to List
-$85,000
-8.59%

Purchase Details

Closed on
Jun 29, 2014
Sold by
Salazar Rosa Maria
Bought by
Salazar Rosa Maria and Francisco Rodriguez Salazar & Rosa Maria

Purchase Details

Closed on
Jun 4, 2013
Sold by
Salazar Rosa Maria
Bought by
Braves Developments Llc

Purchase Details

Closed on
Mar 23, 2007
Sold by
Beck Johnny
Bought by
Salazar Francisco and Salazar Rosa Maria

Purchase Details

Closed on
Mar 7, 2007
Sold by
Beck Lanette
Bought by
Beck Johnny and Beck Lanette

Purchase Details

Closed on
Mar 22, 2005
Sold by
Beck John and Beck Bonnie
Bought by
Beck Lanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 24, 2005
Sold by
Beck Johnny
Bought by
Beck Lanette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
4.52%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 24, 2003
Sold by
Fray George
Bought by
Beck John and Beck Bonnie

Purchase Details

Closed on
Jul 23, 1999
Sold by
Fray George
Bought by
Beck John and Beck Bonnie
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

Date Buyer Sale Price Title Company
Xiao Na $303,500 Chicago Title Company
Xiao Na -- Chicago Title Company
Liu Chenglu -- None Available
Liu Chenglu $905,000 Chicago Title Company
Salazar Rosa Maria -- None Available
Braves Developments Llc $595,000 Chicago Title Company
Salazar Francisco $759,000 Alliance Title Company
Beck Johnny -- Alliance Title Company
Beck Lanette $400,000 Alliance Title
Beck Lanette -- Alliance Title
Beck John -- --
Beck John -- Fidelity Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Beck Lanette $280,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/05/2018 04/05/18 Sold $905,000 -8.6% $504 / Sq Ft
02/28/2018 02/28/18 Pending -- -- --
11/01/2017 11/01/17 For Sale $990,000 +67.8% $551 / Sq Ft
08/09/2013 08/09/13 Sold $590,000 -14.4% $328 / Sq Ft View Prior Sale
06/12/2013 06/12/13 Pending -- -- --
04/22/2013 04/22/13 For Sale $689,000 -- $383 / 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 $3,524 $282,614 $282,614 --
2024 $3,524 $277,073 $277,073 --
2023 $3,450 $271,641 $271,641 $0
2022 $3,397 $266,315 $266,315 $0
2021 $3,325 $261,094 $261,094 $0
2019 $3,421 $255,000 $255,000 $0
2018 $1,953 $146,102 $146,102 $0
2016 $1,872 $140,430 $140,430 $0
2015 $1,853 $138,321 $138,321 $0
2014 $1,836 $135,612 $135,612 $0
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR17248672

California Regional Multiple Listing Service (CRMLS)

APN: 8333-004-012