Seller's Agent in 2024
Fatasha Cummings
HomeSmart AV
(661) 406-2580
1 in this area
25 Total Sales
953 W 3rd St Pomona, CA 91766
Ganesha Neighborhood
2
Beds
1.5
Baths
1,191
Sq Ft
7,367
Sq Ft Lot
Highlights
- No HOA
- Cooling System Mounted To A Wall/Window
- Laundry Room
- 1 Car Attached Garage
- Park
- 4-minute walk to Memorial Park
About This Home
As of November 2024Investment Opportunity in Pomona!
The gem of this property lies in its potential: the city has confirmed that it can accommodate up to 11 units.(buyer and buyer's agent to do their due diligence) A golden opportunity for anyone looking to capitalize on additional income production. With many properties on the block currently serving as duplexes and four-plexes, this location is perfect for future expansion. Discover a fantastic investment property 2 bed 2 bath 1191 sq ft home situated on a 7,367 sq ft lot. Priced significantly below market value at $550,000 this property is an exceptional deal for cash or conventional buyers looking to make their mark in a thriving area.
This charming two-bedroom home features a unique layout with two bathrooms. 1 Full bath (with it's own entrance) and a 1/4 bath convenient Jack and Jill powder room situated between the bedrooms. This cute cottage features indoor laundry that comes with a washer and dryer. Pantry off the well lighted kitchen, formal Livingroom and separate dining room. There is also a large porch from the front to the side of the home. The property requires some cosmetic updates to unlock its full potential, it promises a wealth of opportunities for the savvy investor.
Surrounding this residence, you’ll find a serene setting adorned with fruit trees—including avocado, lemon, guava and orange trees—offering a peaceful escape right in your backyard which has an entrance from the back.
Location is Key! This property is conveniently situated near a variety of amenities:
Dining and Shopping: Explore a vibrant selection of restaurants and shops in downtown Pomona and nearby Pasadena.
Entertainment: Enjoy family fun at Raging Waters and hit the art scene at the Pomona Arts District.
Education: Close proximity to quality schools and colleges, including **California State Polytechnic University, Pomona.**
Parks and Recreation: Numerous parks and recreational areas are nearby, such as Ganesha Park and Frank G. Bonelli Regional Park, which offer outdoor activities for all ages.
Transportation: Easy access to major highways (I-10, I-57) and public transportation options make commuting a breeze.
In addition to its appealing location, the property includes a detached garage, which can easily be converted into an Accessory Dwelling Unit (ADU), providing even more rental income potential.
Last Agent to Sell the Property
HomeSmart AV Brokerage Phone: 661-406-2580 License #01722625 Listed on: 10/05/2024
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $2,650
Year Built
- Built in 1901
Lot Details
- 7,367 Sq Ft Lot
- Density is up to 1 Unit/Acre
Parking
- 1 Car Attached Garage
Home Design
- Entry on the 1st floor
Interior Spaces
- 1,191 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 2 Main Level Bedrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Exterior Lighting
- Rain Gutters
Utilities
- Cooling System Mounted To A Wall/Window
Listing and Financial Details
- Tax Lot 15
- Tax Tract Number 184
- Assessor Parcel Number 8342005015
Community Details
Overview
- No Home Owners Association
Recreation
- Park
- Water Sports
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 5, 2024
Closed on
Oct 22, 2024
Sold by
Payan Maria C
Bought by
Rincon Saul Jimenez
Seller's Agent
Fatasha Cummings
HomeSmart AV
Buyer's Agent
Lilian Lopez
Century 21 Masters
List Price
$550,000
Sold Price
$550,000
Views
28
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,796
Avg. Annual Appreciation
6.85%
Original Mortgage
$484,000
Outstanding Balance
$478,686
Interest Rate
6.12%
Mortgage Type
New Conventional
Estimated Equity
$105,110
Purchase Details
Closed on
Apr 25, 2007
Sold by
Payan Maria C
Bought by
Payan J Enemecio and Payan Maria C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$544,185
Interest Rate
5.93%
Mortgage Type
Reverse Mortgage Home Equity Conversion Mortgage
Purchase Details
Closed on
Feb 21, 2006
Sold by
Payan Jose Enemecio
Bought by
Payan Maria C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
1%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 2, 2004
Sold by
Payan Maria C and Payan Jose Enemecio
Bought by
Payan Jose Enemecio and Payan Maria C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,000
Interest Rate
5.9%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Dec 30, 2003
Sold by
Payan Maria C
Bought by
Payan Jose Enemecio and Payan Maria C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$120,000
Interest Rate
7.05%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jun 10, 2001
Sold by
Payan Jose E
Bought by
Payan Maria C
Purchase Details
Closed on
Apr 5, 2001
Sold by
Ruiz Luis A and Ruiz Monica
Bought by
Payan Maria C
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$106,000
Interest Rate
7.14%
Purchase Details
Closed on
Oct 17, 2000
Sold by
Hud
Bought by
Ruiz Luis A and Ruiz Monica
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$68,400
Interest Rate
7.82%
Purchase Details
Closed on
Sep 17, 1999
Sold by
North American Mtg Company
Bought by
Hud
Purchase Details
Closed on
Sep 13, 1999
Sold by
Castrejon Benancio
Bought by
North American Mtg Company
Purchase Details
Closed on
May 5, 1998
Sold by
Avila Trust Escobar Miriam R Tr Miriam Escoba
Bought by
Castrejon Benancio
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$127,893
Interest Rate
7.17%
Mortgage Type
FHA
Purchase Details
Closed on
Mar 5, 1996
Sold by
Escobar Miriam R
Bought by
Escobar Miriam R and The Miriam Escobar Avila Trust
Purchase Details
Closed on
Feb 24, 1994
Sold by
Escobar Miriam R
Bought by
Escobar Miriam R
Purchase Details
Closed on
Jan 6, 1994
Sold by
A F G Capital Corp
Bought by
Escobar Miriam R
Purchase Details
Closed on
Oct 22, 1993
Sold by
Federal Deposit Insurance Corporation
Bought by
A F G Capital Corp
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$32,000
Interest Rate
7.2%
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $550,000 | Chicago Title Company | |
| Interfamily Deed Transfer | -- | First American Title | |
| Interfamily Deed Transfer | -- | Southland Title | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Chicago Title Co | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co | |
| Grant Deed | $132,500 | Fidelity Title | |
| Grant Deed | $85,500 | First Southwestern Title Co | |
| Grant Deed | -- | Benefit Land Title Ins Co | |
| Trustee Deed | $144,133 | Benefit Land Title Ins Co | |
| Grant Deed | $129,000 | Gateway Title Company | |
| Interfamily Deed Transfer | -- | -- | |
| Grant Deed | -- | -- | |
| Corporate Deed | -- | -- | |
| Quit Claim Deed | $42,000 | First American Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $484,000 | New Conventional | |
| Previous Owner | $544,185 | Reverse Mortgage Home Equity Conversion Mortgage | |
| Previous Owner | $185,000 | Purchase Money Mortgage | |
| Previous Owner | $148,000 | Purchase Money Mortgage | |
| Previous Owner | $120,000 | New Conventional | |
| Previous Owner | $106,000 | No Value Available | |
| Previous Owner | $68,400 | No Value Available | |
| Previous Owner | $127,893 | FHA | |
| Previous Owner | $32,000 | No Value Available |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/19/2024 11/19/24 | Sold | $550,000 | 0.0% | $462 / Sq Ft |
| 10/15/2024 10/15/24 | Pending | -- | -- | -- |
| 10/05/2024 10/05/24 | For Sale | $550,000 | -- | $462 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $2,650 | $550,000 | $457,200 | $92,800 |
| 2024 | $2,650 | $195,721 | $111,231 | $84,490 |
| 2023 | $2,596 | $191,884 | $109,050 | $82,834 |
| 2022 | $2,551 | $188,122 | $106,912 | $81,210 |
| 2021 | $2,488 | $184,434 | $104,816 | $79,618 |
| 2019 | $2,533 | $178,965 | $101,708 | $77,257 |
| 2018 | $2,338 | $175,457 | $99,714 | $75,743 |
| 2017 | $2,298 | $172,017 | $97,759 | $74,258 |
| 2016 | $2,190 | $168,645 | $95,843 | $72,802 |
| 2015 | $2,170 | $166,113 | $94,404 | $71,709 |
| 2014 | $2,160 | $162,860 | $92,555 | $70,305 |
Source: Public Records
Agents Affiliated with this Home
-
Fatasha Cummings
-
Lilian Lopez
Buyer's Agent in 2024
Lilian Lopez
Century 21 Masters
(310) 989-6790
1 in this area
50 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR24206762
APN: 8342-005-015
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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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