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554 West Center Street

554 West Center Street, Pomona, CA 91768
Property in Pomona
Sold May 23, 2022
$850,000
$525,000 by Center Street Lending Viii Spe
Mortgage
Sold Jun 21, 2001
$115,000
$113,622 by Empire Financial
Mortgage Due Jul 01, 2031
Local assessors in Pomona, CA have categorized 554 West Center Street as a residential type of property. The home was built in 1885 and is 139 years old. It was most recently renovated and altered in 1935. The property's lot size has been calculated to be 8,417 square feet. The linear feet between the front and back of the lot was measured at 1,170 ft and the front of the lot was measured at 720 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 6 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 554 West Center Street has a total of 1,260 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 - C. The building has a gable style roof that was made of composition shingle. The home's floor/wall heating system is the primary heating source. 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, 554 West Center Street sold most recently in Apr 20, 2022 for a total of $850,000. If you work out the math, that's approximately a cost of $674.60 per sqft. Before that, the property was also sold for $115,000 in May 3, 2001. 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 $2,785 in taxes each year. The initial year of tax delinquency occurred in 2022. 554 West Center Street was most recently assessed in 2023. During this assessment, the property's total value was estimated to be about $867,000. If we break it down further, the land itself was valued at $765,000. Improvements to the property, however, were assessed at a total of $102,000. The property's total assessed value has been marked as more than the total market value which is pretty atypical. If you're currently on the market shopping for a loan, then you've most likely encountered the two terms "interest rate" and "annual percentage rate (aka APR)". But do you know the difference between the two? Typically, APRS are higher than interest rates because they include most additional fees and one-time costs. As a result, it's important to look at both and if you notice that your APR is significantly higher, that might mean that too many additional fees are being charged. 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: 1885
  • Effective Year Built: 1935
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 2
  • Full Bathrooms: 2
  • Partial Bathrooms: 2
  • Building Quality: C
  • Construction Type: Wood
  • Building Style: Conventional
  • 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: 8,417
  • Lot Size Depth Feet: 1,170
  • Lot Size Frontage Feet: 720
  • Total Building Area: 1,260
  • Building Area: 1,260
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: Floor/wall
  • Heated Square Feet: 1,260
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Subdivision: ANNIS W WILLIAMS SUB LOTS 5&6 BLOCK 158
  • Land Acres: 0.193
  • Standard Land Use Code: Single family residential
  • Legal Description 1: ANNIS W WILLIAMS SUB OF LOTS 5&6 BLK 158 POMONA LOT/SEC 2

Ownership

  • Current Owner : RE DEVELOPMENT & INVESTMENT INC
  • Previous Owner : MISAEL PLACENCIA
  • Owner Before Previous Owner: GARCIA RAUL
  • Owner Before Previous Owner 2: GARCIA NORMA
  • Ownership Rights Codes: Company/Corporation
  • Current Owner Is a Corporation Indicator: Yes

Neighborhood

  • School District Name: Pomona Unified School District
  • Census Tract: 408800

Zoning

  • Zoning: POR31000*

Geography

  • Assessors Map Reference: 94-E2
  • Parcel: 8340-030-012
  • Block: 158
  • Lot: 5,6
  • Municipality: EAST /S. POMONA
  • Latitude: 34.061
  • Longitude: -117.758

    Address

  • Full Address: 554 W Center St
  • Address - House Number: 554
  • Street Direction: W
  • Address - Street Name: Center
  • Address - Suffix Type: St
  • State: CA
  • City Name: Pomona
  • Carrier Code: C007
  • 4-Digit Zip Code: 3703
  • Zip Code: 91768

Valuation

    Tax

  • Tax Year: 2022
  • Tax Amount: $2,785
  • Intital Tax Deliquent Year: 2022
  • Tax Rate Code Area: 07-792

    Appraisal Valuation

  • Standard Deviation: 0.2174
  • Valuation Date: Nov 08, 2023
  • Confidence Score: 70
  • Final Value: 732,515
  • High Value: 891,790
  • Low Value: 573,241

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $525,000
  • First Open Lien Mortgage Lender: CENTER STREET LENDING VIII SPE
  • First Open Lien Mortgage Recording Date: May 23, 2022
  • First Open Lien Mortgage Loan Amount: $525,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $867,000
  • Assessed Land Value: $765,000
  • Assessed Improvements Value: $102,000

    Sales

  • Current Sale Contract Date: Apr 20, 2022
  • Current Sale Recording Date: May 23, 2022
  • Current Sale Transaction ID: 11888116282
  • Current Sale Price: $850,000
  • Current Sale Document Type: Grant Deed
  • Current Sale Input Document Number: 552206
  • Previous Sale Recording Date: Jun 21, 2001
  • Previous Sale Contract Date: May 03, 2001
  • Previous Sale Amount: $115,000
  • Previous Sale Document Type: Grant Deed

    Last Sale Mortgage

  • First Mortgage Lender: CENTER STREET LENDING VIII SPE
  • First Mortgage Transaction Date: May 23, 2022
  • First Mortgage Loan Amount: $525,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional

    Previous Mortgages

  • Previous Mortgage Lender: EMPIRE FINANCIAL
  • Previous Mortgage Transaction Date: Jun 21, 2001
  • Previous Mortgage Loan Amount: $113,622
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: FHA
  • Previous Mortgage Loan Due Date: Jul 01, 2031

About Pomona



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Frequently Asked Questions

What neighborhood is 554 West Center Street located in?
The 554 West Center Street is a located in the neighborhood of Pomona in Pomona, Pomona.
What is the average sales price for listings in 554 West Center Street?
The average sales price for units in 554 West Center Street is $0 currently.

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