240 E Kingsley, Pomona, California 91767, Pomona, 91767 - 3 bed, 2 bath

240 E Kingsley, Pomona, California 91767 home-pic-0
ACTIVE$775,000$1,541/sqft
Est. Value: $717,131
-7%
AboveEstimate
240 E Kingsley, Pomona, California 91767
3Beds
2Baths
1,541Sqft
7,123Lot

Price Vs. Estimate

The estimated value ($717,131.06) is $57,868.94 (7%) lower than the list price ($775,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7123, living area = 1541.
Top Cons:
Age-Related System Concerns: As a 1907 build, the property may have original or older infrastructure (e.g., plumbing, electrical, HVAC) that could require future maintenance, repair, or upgrades not explicitly detailed.

Compared to the nearby listings

Price:$775.0K vs avg $680.0K (+$95,000)76%
Size:1,541 sqft vs avg 1,416.5 sqft61%
Price/sqft:$503 vs avg $49756%

More Insights

Built in 1907 (119 years old).
Condition: Built in 1907, this historic home shows signs of regular maintenance on the exterior, including a well-kept roof and fresh paint, suggesting it's not in a state of disrepair. The description mentions 'modern livability,' implying some updates have been made. However, the listing explicitly notes 'Age-Related System Concerns' and 'Lack of Detailed Modernization.' Without interior images or specific renovation dates, it's highly probable that major systems (plumbing, electrical, HVAC) and key areas like the kitchen and bathrooms are functional but outdated, requiring minor to moderate updates to meet current standards and buyer expectations. This aligns with the 'Fair' category, indicating an aged but maintained property where major components are functional but show signs of being outdated, requiring minor updates or repairs.
Year Built
1907
Close
-
List price
$775K
Original List price
$775K
Price/Sqft
$503
HOA
-
Days on market
-
Sold On
-
MLS number
SW26010491
Home ConditionFair
Features
View-

About this home

Charming historic single family home in the historic area of Lincoln Park Historic district. This home has an early 20th-century character with modern livability. Situated on a 7,121 square foot lot, the property features approximately 1,541 square feet of living space with 3 bedrooms and 2 bathrooms. The home is one level, making it accessible and comfortable, and includes a detached 2 car garage in the back of the lot. Located in a very walkable downtown Pomona area with good transit and nearby amenities. The property lies within the much desired Pomona Valley Unified School District. Hurry to this one before it's gone!

M
Maria Murray
Listing Agent

Price History

Date
Event
Price
01/31/24
Sold
$350,000
Condition Rating
Fair

Built in 1907, this historic home shows signs of regular maintenance on the exterior, including a well-kept roof and fresh paint, suggesting it's not in a state of disrepair. The description mentions 'modern livability,' implying some updates have been made. However, the listing explicitly notes 'Age-Related System Concerns' and 'Lack of Detailed Modernization.' Without interior images or specific renovation dates, it's highly probable that major systems (plumbing, electrical, HVAC) and key areas like the kitchen and bathrooms are functional but outdated, requiring minor to moderate updates to meet current standards and buyer expectations. This aligns with the 'Fair' category, indicating an aged but maintained property where major components are functional but show signs of being outdated, requiring minor updates or repairs.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7123, living area = 1541.
Historic Character & Location: Situated in the desirable Lincoln Park Historic District, the home retains its early 20th-century charm, offering unique architectural appeal and a sense of history.
Exceptional Walkability & Amenities: Boasts a highly walkable downtown Pomona location with excellent transit access and proximity to various amenities, enhancing lifestyle convenience.
Single-Level Living: The single-level floor plan provides comfortable and accessible living, appealing to a wide range of buyers including those seeking ease of movement.
Detached Two-Car Garage: Features a valuable detached two-car garage, offering secure parking, additional storage, and potential for future expansion or conversion.
Desirable School District: Located within the highly-regarded Pomona Valley Unified School District, a significant draw for families.

Cons

Age-Related System Concerns: As a 1907 build, the property may have original or older infrastructure (e.g., plumbing, electrical, HVAC) that could require future maintenance, repair, or upgrades not explicitly detailed.
Lack of Detailed Modernization: While described with 'modern livability,' the listing lacks specific details on recent major renovations or system updates, potentially leaving buyers to infer the extent of modernization.
Absence of Scenic Views: The property explicitly states 'None' for views, indicating a lack of special or scenic vistas, which might be a consideration for some buyers.
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