NOT LISTED FOR SALE

1652 E Kingsley Ave Unit 8 Pomona, CA 91767

Pomona East Neighborhood

Estimated Value: $176,000 - $420,000

1 Bed
1 Bath
562 Sq Ft
$100/mo HOA Fee

Last Sold June 20, 2013

Last sale price $85,000 $151 Per Sq Ft

Est. 222% increase in value since last sale

Current estimated payment $1,681/month

29 Days on Market

Highlights

  • Cooling System Mounted To A Wall/Window
  • Paved or Partially Paved Lot
  • Wall Furnace
  • Detached Carport Space

About This Home

As of June 2013

****POSITIVE INCOME FLOW. MAJOR PRICE REDUCTION FOR QUICK SALE. SOLID CONDO, NOT A MANUFACTURED HOME. GREAT INVESTMENT OPPORTUNITY. VERY LOW HOA OF ONLY $100/MONTH !!! RETURN ON INVESTMENT > 7%. POSITIVE INCOME FLOW NICE CONDO BUILT IN 1963-- 1 BEDROOM 1 BATH WITH 562 SFT AND ON THE UPPER LEVEL. 1 ASSIGNED CARPORT PARKING. NO LAUNDRY FACILITY. GATED ENTRANCE. CENTRALLY LOCATED. NEAR FREEWAY AND STORES. SCHOOLS, PARKS, AND SERVICES 2-3 MILES. COMMUTER FRIENDLY WITH 71 and 10 FWY. CURRENTLY THE BEST PRICE IN POMONA. DON'T LET THIS ONE GET AWAY. MOTIVATED SELLER! SELLER WILL ENTERTAIN ALL OFFERS. YOU WON'T FIND ANYTHING CHEAPER IN POMONA, IN THIS MARKET. EASY TO SHOW. EASY TO RENT OUT FOR $750/MO. CAN ALSO BE SOLD WITH TENANT. SELLER IS OPEN TO FINDING A TENANT FIRST AND THEN SELL AS INVESTMENT PROPERTY. COMPLEX IS NOT FHA APPROVED....LONG TERM TENANTS MOSTLY OCCUPY THE COMPLEX, CASH PREFERRED. SHOW AND SELL. SELLER IS A LICENSED RE AGENT.

Last Agent to Sell the Property

Theresa Wen

FIRST TEAM REAL ESTATE License #00916395 Listed on: 04/23/2013

FIRST TEAM REAL ESTATE

Co-Listed By

PHOEBE CHIANG

Real Broker License #01863350

Last Buyer's Agent

Demitra Mroncz

HomeSmart, Evergreen Realty License #01882059

HomeSmart, Evergreen Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,479

Year Built

  • Built in 1963

Lot Details

  • Two or More Common Walls

HOA Fees

  • $100 Monthly HOA Fees

Home Design

  • 562 Sq Ft Home

Bedrooms and Bathrooms

  • 1 Bedroom
  • All Upper Level Bedrooms
  • 1 Full Bathroom

Parking

  • Detached Carport Space
  • Parking Available

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Community Details

  • 12 Units

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 23385
  • Assessor Parcel Number 8323026048

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,479

Year Built

Built in 1963

Lot Details

0

HOA Fees

$100 per month

Listing Details

  • Assessments: Yes
  • Other Phone Number: 6267108299
  • Property Attached: Yes
  • View: No
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 8323026048
  • Year Built: 1963
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 562.00
  • Common Walls: 2+ Common Walls
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Levels: Two
  • Price Per Square Foot: 151.25
  • Room Type: All Bedrooms Up

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Covered, Detached Carport

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Association Fee: 100.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Lot Features: Paved
  • Lot Size Sq Ft: 12046.00
  • Lot Size Acres: 0.2770

Multi Family

  • Lease Considered: No
  • Lot Size Area: 12046.0000 Square Feet
  • Number Of Units In Community: 12
  • Number Of Units Total: 12

Tax Info

  • Tax Lot: 6
  • Tax Tract Number: 23385

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 23, 2013
Closed on
Jun 4, 2013
Sold by
Frakes Mary L
Bought by
Seyedfarshi Amir H
Seller's Agent
Theresa Wen
FIRST TEAM REAL ESTATE
Buyer's Agent
Demitra Mroncz
HomeSmart, Evergreen Realty
List Price
$99,900
Sold Price
$85,000
Premium/Discount to List
-$14,900
-14.91%
Current Estimated Value
$273,881

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$188,881
Avg. Annual Appreciation
10.00%

Purchase Details

Listed on
Apr 23, 2013
Closed on
May 28, 2013
Sold by
Wen Jeffrey and Chiang Phoebe
Bought by
Seyedfarshi Amir H
Seller's Agent
Theresa Wen
FIRST TEAM REAL ESTATE
Buyer's Agent
Demitra Mroncz
HomeSmart, Evergreen Realty
List Price
$99,900
Sold Price
$85,000
Premium/Discount to List
-$14,900
-14.91%

Purchase Details

Listed on
Nov 1, 2011
Closed on
Feb 9, 2012
Sold by
U S Bank National Association
Bought by
Wen Jeffrey and Chiang Phoebe
Seller's Agent
Art Acosta
ERA REGENCY REALTORS
Buyer's Agent
PHOEBE CHIANG
Real Broker
List Price
$36,500
Sold Price
$36,600
Premium/Discount to List
$100
0.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
91.20%

Purchase Details

Closed on
Jun 8, 2011
Sold by
Ramirez Oscar
Bought by
U S Bank National Association

Purchase Details

Closed on
Feb 15, 2006
Sold by
Ramirez Mirna
Bought by
Ramirez Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
6.15%
Mortgage Type
Stand Alone Second

Purchase Details

Closed on
Dec 14, 2005
Sold by
Arangua Michael J
Bought by
Ramirez Oscar

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,000
Interest Rate
6.15%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Sep 24, 2001
Sold by
Moyses Harvey and Moyses Marion
Bought by
Arangua Michael J
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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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
Seyedfarshi Amir H -- Western Resources Title Co
Seyedfarshi Amir H $85,000 Western Resources Title Co
Wen Jeffrey $37,000 Servicelink
U S Bank National Association $58,500 Landsafe Default Inc
Ramirez Oscar -- Investors Title Company
Ramirez Oscar $130,000 Investors Title Company
Arangua Michael J $40,000 Orange Coast Title
Arangua Michael J -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ramirez Oscar $26,000
Previous Owner Ramirez Oscar $104,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/20/2013 06/20/13 Sold $85,000 -4.2% $151 / Sq Ft
05/22/2013 05/22/13 Pending -- -- --
04/30/2013 04/30/13 Price Changed $88,688 -11.2% $158 / Sq Ft
04/23/2013 04/23/13 For Sale $99,900 0.0% $178 / Sq Ft
05/01/2012 05/01/12 Rented $750 0.0% --
04/23/2012 04/23/12 Under Contract -- -- --
03/11/2012 03/11/12 For Rent $750 0.0% --
03/01/2012 03/01/12 Sold $36,600 0.0% $65 / Sq Ft View Prior Sale
01/25/2012 01/25/12 Pending -- -- --
01/10/2012 01/10/12 Off Market $36,600 -- --
12/29/2011 12/29/11 Price Changed $29,900 -18.1% $53 / Sq Ft
11/30/2011 11/30/11 For Sale $36,500 -0.3% $65 / Sq Ft
11/09/2011 11/09/11 Off Market $36,600 -- --
11/01/2011 11/01/11 For Sale $36,500 -- $65 / 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 $1,479 $104,658 $20,928 $83,730
2024 $1,479 $102,607 $20,518 $82,089
2023 $1,448 $100,596 $20,116 $80,480
2022 $1,423 $98,624 $19,722 $78,902
2021 $1,388 $96,691 $19,336 $77,355
2019 $1,413 $93,824 $18,763 $75,061
2018 $1,314 $91,986 $18,396 $73,590
2016 $1,235 $88,417 $17,683 $70,734
2015 $1,224 $87,090 $17,418 $69,672
2014 $1,221 $85,385 $17,077 $68,308
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV13073688

California Regional Multiple Listing Service (CRMLS)

APN: 8323-026-048