NOT LISTED FOR SALE

5163 Kingsley St Montclair, CA 91763

Estimated Value: $604,000 - $724,000

2 Beds
1 Bath
1,680 Sq Ft
$395/Sq Ft Est. Value

Last Sold March 23, 2021

Last sale price $420,000 $250 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,993/month

56 Days on Market

Highlights

  • No Units Above
  • No HOA
  • Level Lot
  • All Bedrooms Downstairs
  • Living Room
  • Wall Furnace

About This Home

As of March 2021

Nice 2 unit building near Montclair city Hall. Both tenants are long term tenants and are willing to stay. Garage in the back off of the alley. Rents are very low for the area. Units are priced low due to the condition. Submit all offers subject to interior inspection. Thank you for not Disturbing the current tenants.

Last Agent to Sell the Property

Ron Blasco

Price Real Estate Group, Inc License #00799754 Listed on: 11/16/2020

Co-Listed By

JOEL BLACK

BLASCO REAL ESTATE INC. License #01852971

Last Buyer's Agent

Ron Blasco

Price Real Estate Group, Inc License #00799754 Listed on: 11/16/2020

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,887

Year Built

  • Built in 1959

Lot Details

  • 7,728 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • 1 Common Wall
  • Level Lot
  • Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Property Attached

Interior Spaces

  • 1,680 Sq Ft Home
  • Living Room

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 1 Bathroom

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tax Lot 4
  • Tax Tract Number 5658
  • Assessor Parcel Number 1010622040000

Community Details

Overview

  • No Home Owners Association
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Trash Expense $100
  • Water Sewer Expense $200
  • New Taxes Expense $5,200
  • Operating Expense $6,200
  • Gross Income $19,200
  • Net Operating Income $13,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,887

Year Built

Built in 1959

Lot Details

0

Parking

2

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 200.00
  • Property Type: Residential Income
  • Parcel Number: 1010622040000
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall, No One Above, No One Below
  • Appliances: No
  • Price Per Square Foot: 250.00
  • Room Type: All Bedrooms Down, Kitchen, Living Room, Main Floor Bedroom

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: No
  • Heating Type: Wall Furnace
  • Sewer: Public Sewer
  • Trash Expense: 100.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Lot Features: Front Yard, Level with Street
  • Lot Size Sq Ft: 7728.00
  • Lot Size Acres: 0.1774

Multi Family

  • Average2 Bed Area: 840 Square Feet
  • Gross Income: 19200.00
  • Gross Scheduled Income: 19200.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 7728.0000 Square Feet
  • Net Operating Income: 13000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 6200.00
  • Rent Control: Yes
  • Total Expenses: 6200.00

Tax Info

  • New Taxes Expense: 5200.00
  • Tax Census Tract: 3.01
  • Tax Lot: 4
  • Tax Tract Number: 5658

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 16, 2020
Closed on
Mar 18, 2021
Sold by
Nelson Richard and Nelson Jean
Bought by
Quezada Jorge Humberto
Seller's Agent
Ron Blasco
Price Real Estate Group, Inc
Buyer's Agent
Ron Blasco
Price Real Estate Group, Inc
List Price
$480,000
Sold Price
$420,000
Premium/Discount to List
-$60,000
-12.5%
Current Estimated Value
$663,226

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$243,226
Avg. Annual Appreciation
10.48%
Original Mortgage
$412,392
Outstanding Balance
$371,356
Interest Rate
2.7%
Mortgage Type
FHA
Estimated Equity
$285,011

Purchase Details

Closed on
Oct 25, 2019
Sold by
Nelson Richard
Bought by
Nelson Richard and Nelson Jean

Purchase Details

Closed on
May 9, 1994
Sold by
Nelson Jean M
Bought by
Nelson Richard W

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$105,000
Interest Rate
8.52%
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
Quezada Jorge Humberto $420,000 Fidelity National Ttl Co Ie
Nelson Richard -- None Available
Nelson Richard W -- Continental Lawyers Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Quezada Jorge Humberto $412,392
Previous Owner Nelson Richard W $105,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/23/2021 03/23/21 Sold $420,000 -12.5% $250 / Sq Ft
01/12/2021 01/12/21 Pending -- -- --
11/16/2020 11/16/20 For Sale $480,000 -- $286 / 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 $4,887 $454,621 $135,304 $319,317
2024 $4,887 $445,707 $132,651 $313,056
2023 $4,749 $436,968 $130,050 $306,918
2022 $4,687 $428,400 $127,500 $300,900
2021 $655 $57,393 $13,034 $44,359
2020 $644 $56,804 $12,900 $43,904
2019 $639 $55,690 $12,647 $43,043
2018 $630 $54,598 $12,399 $42,199
2017 $608 $53,528 $12,156 $41,372
2016 $584 $52,479 $11,918 $40,561
2015 -- $51,691 $11,739 $39,952
2014 $562 $50,678 $11,509 $39,169
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV20239483

California Regional Multiple Listing Service (CRMLS)

APN: 1010-622-04