NOT LISTED FOR SALE

2641 Pine St Rosemead, CA 91770

Estimated Value: $740,000 - $1,052,000

2 Beds
2 Baths
1,150 Sq Ft
$742/Sq Ft Est. Value

Last Sold June 22, 2017

Last sale price $548,000 $477 Per Sq Ft

Est. 56% increase in value since last sale

Current estimated payment $5,259/month

35 Days on Market

Highlights

  • All Bedrooms Downstairs
  • Property is near public transit
  • Tile Flooring
  • Temple (Roger W.) Intermediate School Rated A-
  • Laundry Room
  • 2 Attached Carport Spaces

About This Home

As of June 2017

LOCATION ! LOCATION ! LOCATION ! THIS DUPLEX LOCATED IN ONE OF THE MOST COVENIENT LIFE LIVING AREA IN ROSEMEAD. WALKING DISTANCE TO SQUARE SUPERMARKET, STARBUCK, CVS, WALGREENS AND RESTAURANTS. EASY ACCESS TO FWY 10, 60. THIS PROPERTY IS ZONED R-2. EACH UNIT HAS 1 BEDROOM, 1 BATH WITH TILE FLOORING, COOPER PLUMBING, CARPORTS, INDIVIDUAL LAUNDRY HOOK-UP, LONG TIME TENANTS ON "MONTH-TO-MONTH" TERM. PROPERTY IS SOLD "AS IS" PRESENT CONDITION, NO REPAIR BY THE SELLER, ALL APPLIANCES ARE EXCLUDED.

Last Agent to Sell the Property

Truman Trinh

IRN Realty License #02012044 Listed on: 04/09/2017

IRN Realty

Last Buyer's Agent

Serena Kwong

IRN Realty License #01354828

IRN Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 5,589 Sq Ft Lot
  • Two or More Common Walls
  • Fenced
  • Fence is in average condition
  • Density is up to 1 Unit/Acre

Home Design

  • Duplex

Interior Spaces

  • 1,150 Sq Ft Home
  • Tile Flooring

Bedrooms and Bathrooms

  • 2 Bedrooms
  • All Bedrooms Down
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside
  • Washer and Gas Dryer Hookup

Parking

  • 1 Open Parking Space
  • 3 Parking Spaces
  • 2 Attached Carport Spaces
  • Driveway
  • On-Street Parking

Utilities

  • Wall Furnace
  • Source of electricity is unknown
  • Natural Gas Connected
  • Septic Type Unknown

Additional Features

  • Exterior Lighting
  • Property is near public transit

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 7
  • Tax Tract Number 6806
  • Assessor Parcel Number 5284015002

Community Details

Overview

  • 2 Units

Building Details

  • 2 Leased Units
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $714
  • Trash Expense $639
  • Water Sewer Expense $990
  • New Taxes Expense $1,812
  • Operating Expense $4,155
  • Gross Income $21,600
  • Net Operating Income $17,445

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

5,589 Sq Ft Lot

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 990.00
  • Zoning: RMR2*
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5284015002
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Common Walls: 2+ Common Walls
  • Flooring: Tile
  • Levels: One
  • Price Per Square Foot: 476.52
  • Room Type: All Bedrooms Down

Exterior Features

  • Fence: Yes
  • Fencing: Average Condition
  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Parking Features: Attached Carport, Uncovered, Driveway, Street
  • Total Parking Spaces: 3.00
  • Uncovered Spaces: 1.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Electric: Electricity - Unknown
  • Heating Type: Wall Furnace
  • Laundry Features: Gas & Electric Dryer Hookup, Outside, Washer Hookup
  • Sewer: Unknown
  • Trash Expense: 639.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Near Public Transit
  • Lot Size Sq Ft: 5589.00

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 21600.00
  • Gross Scheduled Income: 21600.00
  • Insurance Expense: 714.00
  • Net Operating Income: 17445.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 2
  • Number Of Units Total: 2
  • Operating Expense: 4155.00
  • Rent Control: No
  • Total Actual Rent: 1800.00
  • Total Expenses: 4155.00

Tax Info

  • New Taxes Expense: 1812.00
  • Tax Area: 3917
  • Tax Census Tract: 4825.03
  • Tax Lot: 7
  • Tax Tract Number: 6806

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2017
Closed on
May 24, 2017
Sold by
Lamberti Giuseppe
Bought by
Ma Yan Zan and Lin Li
Seller's Agent
Truman Trinh
IRN Realty
Buyer's Agent
Serena Kwong
IRN Realty
List Price
$569,000
Sold Price
$548,000
Premium/Discount to List
-$21,000
-3.69%
Current Estimated Value
$853,656

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$305,656
Avg. Annual Appreciation
5.25%
Original Mortgage
$200,000
Outstanding Balance
$166,096
Interest Rate
4.05%
Mortgage Type
New Conventional
Estimated Equity
$687,560
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ma Yan Zan $548,000 Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ma Yan Zan $200,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/22/2017 06/22/17 Sold $548,000 -3.7% $477 / Sq Ft
05/14/2017 05/14/17 Pending -- -- --
04/09/2017 04/09/17 For Sale $569,000 -- $495 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,739 $687,287 $519,939 $167,348
2024 $8,739 $673,812 $509,745 $164,067
2023 $8,416 $660,600 $499,750 $160,850
2022 $8,019 $647,648 $489,951 $157,697
2021 $7,995 $634,950 $480,345 $154,605
2019 $498 $570,479 $466,099 $104,380
2018 $7,116 $559,300 $456,960 $102,340
2016 $1,812 $118,137 $47,250 $70,887
2015 $1,784 $116,364 $46,541 $69,823
2014 $1,775 $114,086 $45,630 $68,456
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR17072940

California Regional Multiple Listing Service (CRMLS)

APN: 5284-015-002

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