2522 Strathmore Ave Rosemead, CA 91770
Estimated Value: $983,085 - $1,360,000
5
Beds
3
Baths
2,044
Sq Ft
$540/Sq Ft
Est. Value
Highlights
- No HOA
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
- Garvey (Richard) Intermediate School Rated A-
- Laundry Room
About This Home
As of May 2016** Great Investment Opportunity ** Schools: Bitely Elementary, Garvey Middle, San Gabriel HS.
The downstairs unit just finished remolding. The upstairs unit was remolded recently and fully furnished.
This duplex apartment building has 2 separated addresses: 2522 & 2524 Strathmore Ave which is located in the desirable area of Rosemead, half block south of Garvey Ave. This income property consists of good size of 3b/2b down unit and 2b/1b upper unit. The down unit has installed brand new central A/C & heater.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,058
Year Built
- Built in 1965
Lot Details
- 5,076 Sq Ft Lot
- Lot Dimensions are 44x115
- 1 Common Wall
Parking
- 3 Car Garage
Home Design
- Property Attached
Interior Spaces
- 2,044 Sq Ft Home
- Living Room with Fireplace
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 3 Bathrooms
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating and Cooling System
- Wall Furnace
Listing and Financial Details
- Tax Lot 23
- Tax Tract Number 4825
- Assessor Parcel Number 5284030033
Community Details
Overview
- No Home Owners Association
- 2 Units
Amenities
- Laundry Facilities
Building Details
- 2 Separate Electric Meters
- 2 Separate Gas Meters
- 1 Separate Water Meter
- Gross Income $3,700
- Net Operating Income $31,568
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 2, 2016
Closed on
May 5, 2016
Sold by
Taxauctioninvestcom Llc
Bought by
Wang Jianbo and Ding Bo
Seller's Agent
Margaret Shieh
GIE Realty
Buyer's Agent
Margaret Shieh
GIE Realty
List Price
$695,000
Sold Price
$670,000
Premium/Discount to List
-$25,000
-3.6%
Total Days on Market
60
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$434,521
Avg. Annual Appreciation
5.50%
Original Mortgage
$368,500
Interest Rate
5.5%
Mortgage Type
Adjustable Rate Mortgage/ARM
Purchase Details
Closed on
Jan 20, 2013
Sold by
Sy Anthony Joseph
Bought by
Taxauctioninvestcom Llc
Purchase Details
Closed on
Nov 30, 2012
Sold by
Guillen Marcos and Guillen Manuela
Bought by
Sy Anthony Joseph
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Oct 17, 2012
Sold by
Guillen Marcos P and Guillen Manuela
Bought by
Prime Ventures
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$40,000
Interest Rate
3.43%
Mortgage Type
Purchase Money Mortgage
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Similar Homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Wang Jianbo | $670,000 | Stewart Title Company | |
| Taxauctioninvestcom Llc | -- | None Available | |
| Sy Anthony Joseph | $375,000 | None Available | |
| Prime Ventures | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Wang Jianbo | $250,000 | |
| Closed | Wang Jianbo | $175,001 | |
| Closed | Wang Jianbo | $368,500 | |
| Previous Owner | Taxauctioninvestcom Llc | $350,000 | |
| Previous Owner | Taxauctioninvestcom Llc | $650,000 | |
| Previous Owner | Prime Ventures | $40,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/12/2016 05/12/16 | Sold | $670,000 | -3.6% | $328 / Sq Ft |
| 03/20/2016 03/20/16 | Pending | -- | -- | -- |
| 01/20/2016 01/20/16 | For Sale | $695,000 | -- | $340 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $10,058 | $777,586 | $545,472 | $232,114 |
| 2023 | $9,687 | $762,340 | $534,777 | $227,563 |
| 2022 | $9,228 | $747,393 | $524,292 | $223,101 |
| 2021 | $9,196 | $732,739 | $514,012 | $218,727 |
| 2019 | $8,849 | $711,008 | $498,767 | $212,241 |
| 2018 | $8,798 | $697,068 | $488,988 | $208,080 |
| 2016 | $6,324 | $514,914 | $312,070 | $202,844 |
| 2015 | $6,224 | $507,181 | $307,383 | $199,798 |
| 2014 | $6,148 | $497,247 | $301,362 | $195,885 |
Source: Public Records
Agents Affiliated with this Home
-
Margaret Shieh
Seller's Agent in 2016
Margaret Shieh
GIE Realty
(626) 377-7374
2 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR16012167
APN: 5284-030-033
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