NOT LISTED FOR SALE

4661 Kingsley St Montclair, CA 91763

Estimated Value: $771,930 - $956,000

4 Beds
2 Baths
1,728 Sq Ft
$512/Sq Ft Est. Value

Last Sold October 26, 2022

Last sale price $735,000 $425 Per Sq Ft

Est. 12% increase in value since last sale

Current estimated payment $5,177/month

94 Days on Market

Highlights

  • City View
  • Ground Level Unit
  • Laundry Room
  • Traditional Architecture
  • Double Pane Windows
  • Ceramic Tile Flooring

About This Home

As of October 2022

Homebuyers or investors! Have you thought of a turnkey duplex to live in one side and income from the other unit or two family members at the same property? This well-maintained, single-story building is being offered for the first time in 30 years. The property is approximately 1,728 SF and sits on a 7,137 SF lot . Two (2) bed/1 bathroom units each with its own single car garage. Newly upgraded front unit has freshened paint, new high efficiency a/c unit, cabinets, new bathroom tub/shower, vanity, toilet. New flooring throughout, updated exterior yard. Each unit has their own private patio. Air conditioning unit in (rear) replaced within the last 5 years. New front sprinkler/timer. This area has tremendous demand for rental units. Low vacancy turnover history. Close to elementary school, good location. Units will be delivered vacant at closing. Please Do Not Disturb Occupants. Can be shown with minimal notice. Contact agent.

Last Agent to Sell the Property

Jill Hanson

Essex Real Estate License #01226536 Listed on: 06/10/2022

Last Buyer's Agent

Jenny Smith

Cal American Homes License #01830635

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,204

Year Built

  • Built in 1964 | Remodeled

Lot Details

  • 7,137 Sq Ft Lot
  • Lot Dimensions are 61x117
  • North Facing Home
  • Front Yard Sprinklers

Parking

  • 2 Car Garage
  • Assigned Parking

Home Design

  • Traditional Architecture
  • Slab Foundation
  • Composition Roof
  • Stucco

Interior Spaces

  • 1,728 Sq Ft Home
  • 1-Story Property
  • Double Pane Windows
  • City Views
  • Laundry Room

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Location

  • Ground Level Unit
  • City Lot

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Radiant Heating System
  • Heating System Mounted To A Wall or Window
  • Gas Water Heater
  • Sewer in Street
  • Cable TV Available

Community Details

  • 2 Units
  • Vacancy Allowance $1,600

Listing and Financial Details

  • Tenant pays for electricity, gas, cable TV
  • The owner pays for water
  • Assessor Parcel Number 1009-481-17-0000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,204

Year Built

Built in 1964 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Property Type: Residential Income
  • Style: Traditional
  • Levels: Ground Level
  • Street Number Display: Yes
  • ADA Compliant: No
  • Additional Assessor Parcel Numbers: No
  • Advertising Remarks: https://www.themls.com/properties/pw/CA/MONTCLAIR/4661---KINGSLEY-ST/Residential-Income/22-154355 Homebuyers or investors! Have you thought of a turnkey duplex to live in one side and income from the other unit or two family members at the same property? This well-maintained, single-story building is being offered for the first time in 30 years. The property is approximately 1,728 SF and sits on a 7,137 SF lot . Two (2) bed/1 bathroom units each with its own single car garage. Newly upgraded front unit has freshened paint, new high efficiency a/c unit, cabinets, new bathroom tub/shower, vanity, toilet. New flooring throughout, updated exterior yard. Each unit has their own private patio. Air conditioning unit in (rear) replaced within the last 5 years. New front sprinkler/timer. This area has tremendous demand for rental units. Low vacancy turnover history. Close to elementary school, good location. Units will be delivered vacant at closing. Please Do Not Disturb Occupants. Can be shown with minimal notice. Contact agent.
  • Alley: Yes
  • Entry Floor: 1
  • Entry Location: Foyer
  • Living Area: 1728
  • Lot Acreage: 0.1638
  • Lot Dimensions: 61x117
  • Probate: No
  • Property Condition: Updated/Remodeled
  • Stories: 1
  • Year Built: 1964
  • Builders Tract Name: 6620
  • Number Of Photos: 39
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Drywall Walls, Common Walls
  • Number Carpet: 2
  • Number Dishwasher: 1
  • Number Disposal: 2
  • Number Refrigerator: 1
  • Flooring: Carpet, Ceramic Tile
  • Bedrooms: 4
  • Common Walls: Attached
  • Laundry: Laundry Area
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 436.92
  • Windows: Double Pane Windows

Exterior Features

  • Direction Faces: North
  • Construction: Stucco
  • Other Structures: None
  • Tennis Court Y/N: No
  • Foundation Details: Slab
  • Number Patio: 2
  • Paved: Yes
  • Pool: No
  • Roof: Composition
  • Spa Yn: No
  • View: City
  • View: Yes

Garage/Parking

  • Garage Spaces: 2
  • Other Spaces: 2
  • Covered Parking: 2
  • Garage Structures: 1
  • Parking Garage: Garage - 2 Car, Garage Is Attached, Assigned
  • Total Parking: 4

Utilities

  • TV Svcs: Cable TV
  • Water District: Monte Vista Water Dist.
  • Water Heater: Gas
  • Cooling: Wall Unit(s)
  • Heating: Wall, Radiant, Electric
  • Number Electric Meters: 2
  • Number Gas Meters: 2
  • Sewer: In Street, In Street Paid
  • Water: In Street
  • Water Expense: 1580.00
  • Water Heaters: Yes

Fee Information

  • Insurance Expense: 882.00
  • Trash Expense: 1244.00

Schools

  • School District: Ontario/Montclair Unified

Lot Info

  • Sprinklers: Front
  • Additions Alterations: No
  • Assessed Improvement Percent: 63.58
  • Assessed Improvement Value: 171131
  • Assessed Land Percent: 36.42
  • Assessed Land Value: 98016
  • Total Assessed Value: 269147
  • Assessor Parcel Number: 1009-481-17-0000
  • Lot Location: City
  • Lot Size Area: 7137

Rental Info

  • Total Actual Rent: 36000.00
  • Land Lease Type: Fee
  • Owner Pays: Water
  • Rent Control: No
  • Tenant Pays: Electricity, Gas, Cable TV

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Number Wall A C: 2
  • Total Annual Expense: 8215
  • Type Of Units: 2bd/1 bath
  • Vacancy Allow: 1600
  • Vacancy Allow Percent: 50.00
  • Vacancy Rate: 1

Tax Info

  • Tax Expense: 3869.00
  • Tax Total: 3879.00
  • Tax Rate Year: 2022

MLS Schools

  • School District: Ontario/Montclair Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 10, 2022
Closed on
Sep 29, 2022
Sold by
Lopez Maria Cruz
Bought by
Garcia Marco Antonio Lope
Seller's Agent
Jill Hanson
Essex Real Estate
Buyer's Agent
Jenny Smith
Cal American Homes
List Price
$755,000
Sold Price
$735,000
Premium/Discount to List
-$20,000
-2.65%
Current Estimated Value
$820,747

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$85,747
Avg. Annual Appreciation
4.07%
Original Mortgage
$624,750
Outstanding Balance
$602,575
Interest Rate
6.02%
Mortgage Type
New Conventional
Estimated Equity
$218,870

Purchase Details

Closed on
Nov 16, 2020
Sold by
Romero Alan and Romero Jacqueline
Bought by
Romero Alan and Romero Jacqueline

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,000
Interest Rate
2.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 11, 2007
Sold by
Romero Alan
Bought by
Romero Alan and Romero Jacqueline
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
Garcia Marco Antonio Lope -- Chicago Title
Garcia Marco Antonio Lope $735,000 Chicago Title
Romero Alan -- Stewart Title
Romero Alan -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Garcia Marco Antonio Lope $624,750
Closed Garcia Marco Antonio Lope $624,750
Previous Owner Romero Alan $285,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/26/2022 10/26/22 Sold $735,000 0.0% $425 / Sq Ft
09/13/2022 09/13/22 Off Market $735,000 -- --
09/12/2022 09/12/22 Pending -- -- --
09/08/2022 09/08/22 For Sale $755,000 +2.7% $437 / Sq Ft
09/06/2022 09/06/22 Off Market $735,000 -- --
07/21/2022 07/21/22 Price Changed $755,000 -5.5% $437 / Sq Ft
06/10/2022 06/10/22 For Sale $799,000 -- $462 / Sq Ft
Source: The MLS

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 $8,204 $764,694 $208,080 $556,614
2024 $8,204 $749,700 $204,000 $545,700
2023 $7,973 $735,000 $200,000 $535,000
2022 $3,903 $356,425 $119,355 $237,070
2021 $3,879 $269,147 $98,016 $171,131
2020 $2,940 $266,387 $97,011 $169,376
2019 $2,915 $261,164 $95,109 $166,055
2018 $2,875 $256,043 $93,244 $162,799
2017 $2,772 $251,023 $91,416 $159,607
2016 $2,663 $246,101 $89,624 $156,477
2015 $2,645 $242,405 $88,278 $154,127
2014 $2,563 $237,657 $86,549 $151,108
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-154355

The MLS

APN: 1009-481-17