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245 East Magnolia Street

245 East Magnolia Street, Pomona, CA 91767
Property in Pomona
Sold Jul 02, 2015
$317,000
$423,500 by Mk Lending Corp
Mortgage Due Dec 01, 2051
Sold Sep 02, 2014
$228,000
Local assessors in Pomona, CA have categorized 245 East Magnolia Street as a residential type of property. The home was built in 1939 and is 85 years old. The property's lot size has been calculated to be 6,500 square feet. The linear feet between the front and back of the lot was measured at 1,300 ft and the front of the lot was measured at 500 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a conventional style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 7 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there are 2 full bathrooms. There are also 2 partial bathrooms. This is a single story home so it's perfect for folks who don't want to have to climb stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 245 East Magnolia Street has a total of 1,266 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. There is only one available parking space, so if you need more, you may need to find some alternatives. It might sound scary but did you know that buildings can move depending on the weather? Both hot and cold weather can have severe impact on the longevity of your home structure depending on how much your home moves. Hence why architects pay a lot of attention to the type of control joints used in the construction process. Just so you know, this home was built with wood control joints. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - B. The building has a gable style roof that was made of composition shingle. Lots of stucco were used in the construction of the exterior walls of the home. The home's floor/wall heating system is the primary heating source. There is a single fireplace in the home which may result in additional cleaning fees for the homeowner. We've gathered and summarized the following transaction history in an effort to provide more transparency and up-to-date information for our users. According to our sources, 245 East Magnolia Street sold most recently in May 1, 2015 for a total of $317,000. If you work out the math, that's approximately a cost of $250.39 per sqft. Before that, the property was also sold for $228,000 in Aug 15, 2014. There could be many factors that caused the property to sell at a higher price and increase in value. Tax-wise, the current owner is expected to pay close to $6,710 in taxes each year. 245 East Magnolia Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $539,871. If we break it down further, the land itself was valued at $354,832. Improvements to the property, however, were assessed at a total of $185,039. The property's total assessed value has been marked as more than the total market value which is pretty atypical. Purchasing a home can require a lot of financial power in this day and age but not everyone has the savings to do so. As a result, many will get a mortgage loan to aid them in one of the most finance-intensive purchases of their lives. It's important when shopping for a mortgage to aim the best possible rate you can get. The lower your interest rate, the better as it can mean more money saved in the long run. In the following guide, we'll cover our best tips for how to get the best mortgage rate to your situation. Sadly, this property is not available for sale but we are constantly updating our inventory in real time. Sign up for a RealtyHop account and add this property to your favorites to get updates on when this property is back on the market. Or alternatively, you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1939
  • Effective Year Built: 1939
  • Building Count: 2
  • Total Rooms: 7
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: B
  • Construction Type: Wood
  • Building Style: Conventional
  • Exterior Walls Type: Stucco
  • Roof Shape Type: Gable
  • Roof Cover Type: Composition shingle
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 6,500
  • Lot Size Depth Feet: 1,300
  • Lot Size Frontage Feet: 500
  • Total Building Area: 1,266
  • Building Area: 1,266
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,266
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: 1114
  • Land Acres: 0.149
  • Standard Land Use Code: Single family residential
  • Legal Description 1: TRACT NO 1114 LOT/SEC 9 BLK/DIV/TWN A

Ownership

  • Current Owner : ROJAS JONATHAN AARON
  • Current Owner 2: ROJAS RICARDO
  • Previous Owner : SHARK INVESTMENTS LLC
  • Owner Before Previous Owner: DEUTSCHE BANK NATIONAL TRUST COMPANY
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Pomona Unified School District
  • Census Tract: 402102

Zoning

  • Zoning: POR17200*

Geography

  • Assessors Map Reference: 90-F4
  • Subdivision Tract Number: 1114
  • Parcel: 8366-011-005
  • Block: A
  • Lot: 9
  • Municipality: EAST /N. POMONA
  • Latitude: 34.0928
  • Longitude: -117.747

    Address

  • Full Address: 245 E Magnolia St
  • Address - House Number: 245
  • Street Direction: E
  • Address - Street Name: Magnolia
  • Address - Suffix Type: St
  • State: CA
  • City Name: Pomona
  • Carrier Code: C084
  • 4-Digit Zip Code: 2111
  • Zip Code: 91767

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $6,710
  • Tax Rate Code Area: 07-790

    Appraisal Valuation

  • Standard Deviation: 0.2272
  • Valuation Date: Aug 04, 2023
  • Confidence Score: 68
  • Final Value: 656,498
  • High Value: 805,668
  • Low Value: 507,329

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $423,500
  • First Open Lien Mortgage Lender: MK LENDING CORP
  • First Open Lien Mortgage Recording Date: Nov 08, 2021
  • First Open Lien Mortgage Loan Amount: $423,500
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Dec 01, 2051

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $539,871
  • Assessed Land Value: $354,832
  • Assessed Improvements Value: $185,039

    Sales

  • Current Sale Contract Date: May 01, 2015
  • Current Sale Recording Date: Jul 02, 2015
  • Current Sale Transaction ID: 1213168912
  • Current Sale Price: $317,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 15-0798748
  • Previous Sale Recording Date: Sep 02, 2014
  • Previous Sale Contract Date: Aug 15, 2014
  • Previous Sale Amount: $228,000
  • Previous Sale Document Type: Grant Deed

About Pomona



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Unit for rent at 3746 Towne Park Circle, Pomona, CA, 91767

$3,500 /mo

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3746 Towne Park Circle, Pomona, CA, 91767 Listing by WEN-CHUN TANG

Frequently Asked Questions

What neighborhood is 245 East Magnolia Street located in?
The 245 East Magnolia Street is a located in the neighborhood of Pomona in Pomona, Pomona.
What is the average sales price for listings in 245 East Magnolia Street?
The average sales price for units in 245 East Magnolia Street is $0 currently.

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