tomo logo

$699,000

Beds
3
Baths
1.75
sq ft
1,276

220 Palm Pl, Pomona, CA 91767

220 Palm Pl

Pomona, CA 91767

  • 41 days on market
    • Price drop $31,000↓
Charming Completely Remodeled Craftsman Home with Solar Power and Ready-to-Go ADU Plans. Step into the perfect blend of timeless charm and modern upgrades with this completely remodeled 3-bedroom, 2-bathroom Craftsman home. Nestled on a quiet, palm tree-lined street, this home offers a sustainable lifestyle with fully paid-off solar panels, a new elastomeric roof, and an energy-efficient HVAC system. Every detail has been thoughtfully updated, combining the best of classic appeal with the convenience of modern living. The inviting front yard is fully fenced and features garden beds perfect for your vegetable and flower dreams. A newly paved, wide concrete path leads you to the porch and front door, setting the stage for the warmth and character that await inside. Upon entering, you'll be greeted by a cozy living room with large colonial-style windows, a charming fireplace, and built-in curio cabinets. The space flows effortlessly into the formal dining room, where you'll find elegant wainscoting, a plate rail, and coffered ceilings, ideal for gatherings. The kitchen is a true chef's dream, with open wooden shelving, stunning quartz countertops, and a large kitchen sink with a pull-down faucet, all complemented by ample lighting. Two of the bedrooms share a bathroom featuring a newer bathtub and a classic pedestal sink, while the second bath, located off the third bedroom and kitchen, offers a luxurious corner walk-in subway tile shower with spa-inspired stone accents. Throughout the home, you'll find high-end laminate flooring and beautiful lighting that enhances the thoughtful design. Updated windows and updated electrical ensure both style and function, while a new water heater adds to the home's modern efficiency. Step outside into the backyard, where the sweet scent of jasmine fills the air. A large avocado tree and various fruit trees, including orange, lemon, apple, tangerine, and mulberry, make this a delightful space for outdoor living. The backyard is divided by a vinyl fence, offering the perfect balance of privacy and space for relaxation or future projects. Best of all, ADU plans are ready to go! With approved plans for an 800 sq. ft. ADU featuring 3 bedrooms and 2 bathrooms, this property has the potential to generate cash flow and provide additional living space. Additional Features: Solar panels fully paid off; Updated HVAC and water heater for modern comfort; Updated windows and electrical for improved efficiency; Mills Act tax reduction may apply (subject to further investigation by buyer); Convenient location within walking distance to shops, grocery stores, Pomona Packing Plant, the train station, and Western University; This home perfectly balances old-world charm with modern amenities. Don't miss the opportunity to make it yours!

Details

Property type

Single Family Residence

Est. home value

$492,843

Lot size

6,079 sq ft

Price per sq ft

$548

Year built

1912

HOA

No

Price History

04/03/2025
CLAW

CLAW #25504930

Price change
$699,000
-4.25%
02/28/2025
CLAW

CLAW #25504930

Listed
$730,000
+226.62%
11/26/2014
CRMLS

CRMLS #CV14171173

Sold
$223,500

Schools & Community

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Negotiation Insights

Before you make an offer, understand who you are negotiating with so you can tailor your negotiation strategy to their situation.

Seller could get up to

$219,707
Asking price
$699,000
Closing costs (~8% of asking)
-$55,920
Est. remaining loan balance
-$423,373
Cash to seller
$219,707

This is an estimate of how much the seller could receive at closing after paying off the outstanding mortgage.

Seller’s Loan History

Lender

Paramount Residential Mortgage Group Inc

Loan start date

March 2022

Original loan amount

$450,000

Est. remaining balance

$423,373

Interest rate

3.55%

Loan type

New Conventional, 30 year

Seller

Basem P Bishay and Dina Henry

Source: Public records data

If you're the owner, you can request to remove loan details. Email listingsupport@tomo.com

How insights can help you

Interest rate

If the seller has a low interest rate, they may be tempted to rent the property out if they can't get the price they have in mind.

Motivation

If the seller already got a job in a different city, they may feel pressure to sell quickly to free up cash for a new home.

Equity

If the seller stands to receive a large amount of cash when they sell the property, they might be willing to negotiate on the offer price.

Interested in learning more?

Status: Active

Tomo last checked: 04/10/2025 at 3:05 PM

Listing updated: 04/07/2025 at 9:40 PM

Listed by: David Hurtado, Century 21 Masters Phone #: (909) 595-6697

MLS: CLAW #25504930

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