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1517 Holly Way

1517 Holly Way, Pomona, CA 91766
Property in Pomona
Sold Aug 13, 2021
$2,790,000
$2,029,500 by Broadway Federal Bank Fsb
Mortgage Due Sep 01, 2051
Sold Feb 27, 2013
$223,000
$795,000 by Jpmorgan Chase Bank Na
Mortgage
1517 Holly Way has been categorized by the local assessors in Pomona, CA as a residential type of property. The building on the property was first built in 1964 and is 60 years old. The home has a total of 8 bedrooms. Residents will have access to 4 full bathrooms. There are 4 partial bathrooms in the home. In addition, 1517 Holly Way has 4,400 sqft of living area. The living area typically only takes into consideration the heated or air conditioned part of the building. The area measurement of the land has been determined as 9,804 square feet. Fans of architecture and design would be interested in knowing that the building on the property was built in a quadplex style.

Want to learn more? We've sourced additional information from the local assessor's office that we've shared on this page with you. Along the lines of building condition, did you know that weather changes can cause buildings to move? It may sound alarming, but thats why the type of control joints used in the construction of your home is extremely important. Architects often have to plan these out well in advance to ensure the longevity of the building. Therefore, as part of your consideration, you should note that the home was built with wood control joints. From what we've gathered, the quality of these control joints have been graded with a letter grade of C by the local assessor. The inside of the home is being cooled with air conditioning at the moment. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 1517 Holly Way was last sold in Jul 1, 2021 for $2,790,000. According to our calculations, that's $634.09 per sqft. Prior to that sales transaction, the property was sold for $223,000 in Feb 1, 2013. Current property owners are expected to pay $12,154 in taxes per year. The property on 1517 Holly Way was last assessed in 2023. As a result of that assessment, the total value of the property was placed at $948,600. To break that down further, the land itself was valued at $510,000. While improvements to the property were assessed at a total of $438,600. Based on our records, the total assessed value for this property has been marked as more than the total market value as of this moment. Which is pretty atypical. If possible, try to put down at least 20% towards the down payment during your home purchasing process. While you may be able to buy a home with less than a 20% down payment, your lender may then require you to pay for a private mortgage insurance (PMI). PMI protects the lenders and lowers their financial risk in case the borrower defaults. Generally, you'll need to pay more PMI when your total loan amount is higher. However, certain factor such as your credit score, loan type, loan term, and loan-to-value ratio can all impact your PMI as well.This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1964
  • Effective Year Built: 1964
  • Building Count: 1
  • Bedroom Count: 8
  • Bathroom Count: 4
  • Full Bathrooms: 4
  • Partial Bathrooms: 4
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Quadplex
  • Living Units: 4
  • Basement Area: 0
  • Parking Space Count: 0

    Dimensions

  • Lot Size Square Feet: 9,804
  • Total Building Area: 4,400
  • Gross Building Area: 4,400
  • Building Area: 4,400
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: Yes
  • Heating: unknown
  • Heated Square Feet: 4,400
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 27664
  • Land Acres: 0.225
  • Standard Land Use Code: Quadruplex (4 units, any combination)
  • Legal Description 1: TR=27664 VAC ALLEY ADJ ON W AND LOT 4

Ownership

  • Current Owner : ZHOU ZHILONG
  • Current Owner 2: WANG LIN
  • Previous Owner : JACOBS AARON B
  • Owner Before Previous Owner: MUNDY DANIEL PATRICK
  • Owner Before Previous Owner 2: THE DANIEL PATRICK MUNDY TRUST

Neighborhood

  • School District Name: Pomona Unified School District
  • Census Tract: 402903

Geography

  • Assessors Map Reference: 95-A4
  • Subdivision Tract Number: 27664
  • Parcel: 8328-009-090
  • Lot: 4
  • Municipality: EAST /POMONA
  • Latitude: 34.0437
  • Longitude: -117.735

    Address

  • Full Address: 1517 Holly Way
  • Address - House Number: 1517
  • Address - Street Name: Holly
  • Address - Suffix Type: Way
  • State: CA
  • City Name: Pomona
  • Carrier Code: C054
  • 4-Digit Zip Code: 5458
  • Zip Code: 91766

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $12,154
  • Tax Rate Code Area: 07-790

    Appraisal Valuation

  • Standard Deviation: 0.2172
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 70
  • Final Value: 843,645
  • High Value: 1,026,892
  • Low Value: 660,399

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $2,029,500
  • First Open Lien Mortgage Lender: BROADWAY FEDERAL BANK FSB
  • First Open Lien Mortgage Recording Date: Aug 13, 2021
  • First Open Lien Mortgage Loan Amount: $2,029,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: Commercial
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $948,600
  • Assessed Land Value: $510,000
  • Assessed Improvements Value: $438,600

    Sales

  • Current Sale Contract Date: Jul 01, 2021
  • Current Sale Recording Date: Aug 13, 2021
  • Current Sale Transaction ID: 11848015416
  • Current Sale Price: $2,790,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 21-1242912
  • Previous Sale Recording Date: Feb 27, 2013
  • Previous Sale Contract Date: Feb 01, 2013
  • Previous Sale Amount: $223,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: BROADWAY FEDERAL BANK FSB
  • First Mortgage Transaction Date: Aug 13, 2021
  • First Mortgage Loan Amount: $2,029,500
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: Commercial
  • First Mortgage Loan Due Date: Sep 01, 2051

    Previous Mortgages

  • Previous Mortgage Lender: JPMORGAN CHASE BANK NA
  • Previous Mortgage Transaction Date: Feb 27, 2013
  • Previous Mortgage Financing Type: Variable
  • Previous Mortgage Loan Amount: $795,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: Future Advance Clause / Open End Mortgage

About Pomona



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Frequently Asked Questions

What neighborhood is 1517 Holly Way located in?
The 1517 Holly Way is a located in the neighborhood of Pomona in Pomona, Pomona.
What is the average sales price for listings in 1517 Holly Way?
The average sales price for units in 1517 Holly Way is $0 currently.

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