NOT LISTED FOR SALE

Estimated Value: $979,000 - $1,188,122

6 Beds
4 Baths
2,536 Sq Ft
$420/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $670,000 $264 Per Sq Ft

Est. 59% increase in value since last sale

Current estimated payment $6,382/month

20 Days on Market

About This Home

As of August 2017

Beautiful fourplex, 1) very large 2 bedrooms rented for $1270.00. ----- 2) 2 bedrooms rented for $900.00. ----- 3) 1 bedroom rented for $1100.00. ----
4) 1 bedroom rented for $1050.00. ----
3 apartment units are rented to the city of Pomona they pay 90 percent of the rent (section 8 program) ----
4 car garage with alley access, this property is a wonderful investment opportunity

Last Agent to Sell the Property

Mario Saenz

Berkshire Hathaway HomeServices California Properties Corp. License #01161716 Listed on: 07/12/2017

Last Buyer's Agent

Kevin Hsu

Re/Max Premier Prop Arcadia License #01872038

Re/Max Premier Prop Arcadia

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,761

Year Built

  • Built in 1938

Lot Details

  • 6,007 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot
  • Level Lot
  • No Sprinklers
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • 2,536 Sq Ft Home
  • Quadruplex

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • Exterior Lighting
  • Sewer Assessments

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 8335017025

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 4 Units
  • Built by crabbs subdivision

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,400
  • Trash Expense $1,344
  • Water Sewer Expense $1,369
  • New Taxes Expense $5,523
  • Operating Expense $9,736
  • Net Operating Income $315

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,761

Year Built

Built in 1938

Lot Details

0

Parking

4

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 1369.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 8335017025
  • Year Built: 1938
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Levels: One
  • Price Per Square Foot: 264.20

Exterior Features

  • Builder Name: crabbs subdivision
  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Sewer Assessments
  • Trash Expense: 1344.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Corner Lot, Level with Street, Level, Sprinklers None
  • Lot Size Sq Ft: 6007.00

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Scheduled Income: 4320.00
  • Insurance Expense: 1400.00
  • Net Operating Income: 315.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 315.00
  • Rent Control: No
  • Total Actual Rent: 4320.00
  • Total Expenses: 9736.00

Tax Info

  • New Taxes Expense: 5523.00
  • Tax Lot: 1
  • Tax Tract: lot 1 blk 4
  • Tax Tract Number: 1 blk

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 12, 2017
Closed on
Aug 24, 2017
Sold by
Saenz Flor M
Bought by
Wong Andrew and Wong Meiling
Seller's Agent
Mario Saenz
Berkshire Hathaway HomeServices California Properties Corp.
Buyer's Agent
Kevin Hsu
Re/Max Premier Prop Arcadia
List Price
$695,000
Sold Price
$670,000
Premium/Discount to List
-$25,000
-3.6%
Current Estimated Value
$1,064,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$394,031
Avg. Annual Appreciation
5.83%
Original Mortgage
$502,500
Outstanding Balance
$420,087
Interest Rate
4.03%
Mortgage Type
New Conventional
Estimated Equity
$643,944

Purchase Details

Closed on
May 20, 2008
Sold by
Saenz Mario A
Bought by
Saenz Flor M

Purchase Details

Closed on
Feb 1, 2008
Sold by
Us Bank Na
Bought by
Saenz Mario A and Saenz Flor M

Purchase Details

Closed on
May 30, 2007
Sold by
Negrete Michael
Bought by
Us Bank Na and Csab 2006-3

Purchase Details

Closed on
May 24, 2006
Sold by
Chu Chien Tsun and Chu Chia Yi
Bought by
Negrete Michael

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$480,000
Interest Rate
6.56%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 14, 2005
Sold by
Chen Shau Jen
Bought by
Chu Chien Tsun and Chu Chia Yi

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 5, 2002
Sold by
Jackson Regina B
Bought by
Turner Mark P and Turner Judy A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$220,500
Interest Rate
6.05%

Purchase Details

Closed on
Jul 23, 1996
Sold by
Anderson Dale L
Bought by
Jackson Regina B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$139,111
Interest Rate
8.23%
Mortgage Type
FHA
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
Wong Andrew $670,000 Chicago Title Insurance
Saenz Flor M -- None Available
Saenz Mario A $361,000 First American Title Ins Co
Us Bank Na $497,250 Accommodation
Negrete Michael $600,000 Chicago Title Co
Chu Chien Tsun $485,000 Chicago Title Co
Turner Mark P $777,000 Commerce Title
Jackson Regina B $141,000 Fidelity National Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wong Andrew $502,500
Previous Owner Negrete Michael $480,000
Previous Owner Chu Chien Tsun $285,000
Previous Owner Turner Mark P $220,500
Previous Owner Jackson Regina B $139,111
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/31/2017 08/31/17 Sold $670,000 -3.6% $264 / Sq Ft
08/01/2017 08/01/17 Pending -- -- --
07/12/2017 07/12/17 For Sale $695,000 -- $274 / 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 $9,761 $762,341 $341,347 $420,994
2024 $9,761 $747,394 $334,654 $412,740
2023 $9,568 $732,741 $328,093 $404,648
2022 $9,415 $718,374 $321,660 $396,714
2021 $9,196 $704,289 $315,353 $388,936
2020 $9,166 $697,388 $312,120 $385,268
2019 $9,395 $683,720 $306,000 $377,720
2018 $8,730 $670,320 $300,000 $370,320
2016 $5,346 $400,552 $289,597 $110,955
2015 $5,302 $394,536 $285,247 $109,289
2014 $5,282 $386,809 $279,660 $107,149
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW17158266

California Regional Multiple Listing Service (CRMLS)

APN: 8335-017-025