NOT LISTED FOR SALE

996 S Towne Ave Pomona, CA 91766

Pomona East Neighborhood

Estimated Value: $621,000 - $697,000

4 Beds
2 Baths
1,120 Sq Ft
$590/Sq Ft Est. Value

Last Sold June 02, 2015

Last sale price $360,000 $321 Per Sq Ft

Est. 67% increase in value since last sale

Current estimated payment $3,728/month

61 Days on Market

About This Home

As of June 2015

Excellent opportunity for Investors,Builders,and/or Developers, Located in a Prime location,nice flat lots, Value is mostly in the land. 2 lots approx 28,000 sf(2nd APN# 8333-004-025), Land could possibly be configured for 9 new tract homes on both parcels, Both lots to be sold together as one for $750,000. 964 Towne is a single family house currently used as 3 units, monthly rent income is $3,000. 996 Towne is a single family house currently used as 2 units monthly rent income is $2,200. Buyer(s) and their agent to fully investigate the properties for themselves including SQ.FT., building permits,zoning, land usage etc. Listed concurrently w/MLS# TR15048066.

Last Agent to Sell the Property

Steven Chang

RE/MAX Galaxy License #01342782 Listed on: 03/07/2015

RE/MAX Galaxy

Last Buyer's Agent

Steven Chang

RE/MAX Galaxy License #01342782 Listed on: 03/07/2015

RE/MAX Galaxy

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,536

Year Built

  • Built in 1923

Lot Details

  • 0.32 Acre Lot
  • No Common Walls

Parking

  • 2 Parking Spaces

Home Design

  • 1,120 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 2
  • Assessor Parcel Number 8333004026

Community Details

Overview

  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $400
  • Trash Expense $600
  • Water Sewer Expense $900
  • New Taxes Expense $2,720
  • Gross Income $2,200
  • Net Operating Income $4,620

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,536

Year Built

Built in 1923

Lot Details

0

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Water Sewer Expenses: 900.00
  • Property Type: Residential Income
  • Parcel Number: 8333004026
  • Year Built: 1923
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 321.43

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Lot Size Sq Ft: 13705.00
  • Lot Size Acres: 0.3150

Multi Family

  • Gross Income: 2200.00
  • Gross Scheduled Income: 26400.00
  • Insurance Expense: 400.00
  • Lot Size Area: 13705.0000 Square Feet
  • Net Operating Income: 4620.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 4620.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 2720.00
  • Tax Lot: 2
  • Tax Tract Number: 0000

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 14, 2025
Sold by
Hsia Chou Hai
Bought by
Xin Yanwei
Current Estimated Value
$599,644

Purchase Details

Closed on
Feb 11, 2025
Sold by
Xia Yinghai
Bought by
Xin Yanwei

Purchase Details

Listed on
Mar 7, 2015
Closed on
May 5, 2015
Sold by
Huang Herbert
Bought by
Ren Li Ping and Teng Ta Jen
Seller's Agent
Steven Chang
RE/MAX Galaxy
Buyer's Agent
Steven Chang
RE/MAX Galaxy
List Price
$375,000
Sold Price
$360,000
Premium/Discount to List
-$15,000
-4%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.95%
Original Mortgage
$234,000
Interest Rate
3.67%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Listed on
Jun 11, 2012
Closed on
Jul 9, 2012
Sold by
Wells Fargo Bank Na
Bought by
Huang Herbert and Huang Vanessa
Seller's Agent
Sanne Lee
A + Realty & Mortgage
Buyer's Agent
Steven Chang
RE/MAX Galaxy
List Price
$165,000
Sold Price
$200,000
Premium/Discount to List
$35,000
21.21%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
22.90%

Purchase Details

Closed on
Sep 20, 2011
Sold by
Morales Glendis
Bought by
Wells Fargo Bank Na and Wachovia Mortgage

Purchase Details

Closed on
Jul 25, 2002
Sold by
Cervantes Pascual and Uribe Guadalupe Cervantes
Bought by
Morales Glendis

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$148,800
Interest Rate
7.75%
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Xin Yanwei $150,000 Old Republic Title Company
Xin Yanwei -- Old Republic Title Company
Ren Li Ping $360,000 Title 365
Huang Herbert $200,000 Fidelity National Title Co
Wells Fargo Bank Na $149,775 None Available
Morales Glendis $186,000 First American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ren Li Ping $243,750
Previous Owner Ren Li Ping $234,000
Previous Owner Morales Darwin $150,000
Previous Owner Morales Glendis $72,000
Previous Owner Morales Glendis $202,500
Previous Owner Morales Glendis $148,800
Closed Morales Glendis $37,200
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/02/2015 06/02/15 Sold $360,000 -4.0% $321 / Sq Ft
05/07/2015 05/07/15 Pending -- -- --
03/07/2015 03/07/15 For Sale $375,000 +87.5% $335 / Sq Ft
07/26/2012 07/26/12 Sold $200,000 +21.2% $179 / Sq Ft
07/03/2012 07/03/12 Pending -- -- --
06/11/2012 06/11/12 For Sale $165,000 -- $147 / 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 $5,536 $432,655 $270,892 $161,763
2024 $5,536 $424,173 $265,581 $158,592
2023 $5,427 $415,857 $260,374 $155,483
2022 $5,344 $407,704 $255,269 $152,435
2021 $5,225 $399,711 $250,264 $149,447
2019 $5,341 $387,857 $242,842 $145,015
2018 $4,901 $380,253 $238,081 $142,172
2016 $4,605 $365,489 $228,837 $136,652
2015 $2,738 $204,922 $102,461 $102,461
2014 -- $200,908 $100,454 $100,454
Source: Public Records

Agents Affiliated with this Home

  • S

    Seller's Agent in 2015

    Steven Chang

    RE/MAX

    7 Total Sales

    Section Image

  • S

    Seller's Agent in 2012

    Sanne Lee

    A + Realty & Mortgage

    (626) 823-1572

    14 Total Sales

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR15048072

California Regional Multiple Listing Service (CRMLS)

APN: 8333-004-026

California Los Angeles County Pomona 91766 Pomona East

996 S Towne Ave, Pomona, CA

This home is located at 996 S Towne Ave, Pomona, CA 91766 since 07 March 2015 and is currently estimated at $660,292, approximately $589 per square foot. This property was built in 1923. 996 S Towne Ave is a home located in Los Angeles County with nearby schools including Washington Elementary School, Simons Middle School, and Garey High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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

Nearby Homes