Seller's Agent in 2020
Mai Matthesen
Equity Union
(818) 512-8913
1 in this area
26 Total Sales
2718 Muscatel Ave Rosemead, CA 91770
Estimated Value: $733,000 - $956,000
8
Beds
4
Baths
2,700
Sq Ft
$317/Sq Ft
Est. Value
Highlights
- View of Trees or Woods
- Property is near public transit
- Two Homes on a Lot
- Temple (Roger W.) Intermediate School Rated A-
- Converted Garage
- Cooling System Mounted To A Wall/Window
About This Home
As of December 2020Lowest price and best value in desirable Rosemead. Exceptional Opportunity: centrally-located, on quiet street, close to good amenities in the San Gabriel Valley. Three non-conforming units (front: 4 bdrms, 2 bths; converted detached garage: 1+1; rear: 3+1). The newer rear unit and the garage conversion do not appear in the tax assessor's sqft of 932 but have been in existence for an extended period of time. Stable multi-year tenants now on month-to-month. Gross yearly income is $43,800 w/ minimal expenses. Tenants pay for all utilities, owner for property taxes and insurance only. Optimal 5.22% cap rate, 15.50 gross multiplier. Ample lot size of 6773 sqft. Property to be sold "as is" in its present condition, with no guarantee and retrofitting, subject to buyers' inspections. Interior inspection only after acceptance of fully-documented offer, with current proof of funds, FICO scores, and prequalification. Sellers may carry for 12 months with 75% down, subject to acceptable credit and proof of income.
Compare, drive by and submit offer: amazing value, great bread and butter investment!
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $8,851
Year Built
- Built in 1938
Lot Details
- 6,773 Sq Ft Lot
- Wrought Iron Fence
- No Landscaping
- Density is 2-5 Units/Acre
- Property is zoned RMR2
Parking
- 1 Car Garage
- 4 Carport Spaces
- Converted Garage
- Driveway
- On-Street Parking
Home Design
- Composition Roof
- Asphalt
- Stucco
Interior Spaces
- 2,700 Sq Ft Home
- 1-Story Property
- Library
- Storage
- Views of Woods
- Gas Cooktop
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
- Washer and Gas Dryer Hookup
Additional Homes
- Two Homes on a Lot
Location
- Property is near public transit
- Suburban Location
Utilities
- Cooling System Mounted To A Wall/Window
- Floor Furnace
- Standard Electricity
- Septic Type Unknown
Community Details
- 3 Units
- Rent Control
Listing and Financial Details
- Tenant pays for all utilities
- Tax Lot 30
- Tax Tract Number 830
- Assessor Parcel Number 5282025018
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Sep 12, 2020
Sold by
Phan Don T and Tran Hanh K
Bought by
Hong Daniel and Yau Katie
Current Estimated Value
Purchase Details
Closed on
Aug 22, 2017
Sold by
Du Van
Bought by
Phan Don T and Tran Hanh K
Purchase Details
Closed on
Aug 31, 2016
Sold by
Du Van
Bought by
Du Van and Lin Maggie
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.48%
Mortgage Type
New Conventional
Purchase Details
Closed on
Feb 22, 2007
Sold by
Ly Martin and Tran Tom G
Bought by
Du Van
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$340,000
Interest Rate
6.21%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Nov 1, 2005
Sold by
Ly Martin and Tran Tom G
Bought by
Ly Martin
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$371,000
Interest Rate
6.31%
Mortgage Type
Fannie Mae Freddie Mac
Purchase Details
Closed on
Mar 31, 2004
Sold by
Wu Zi Xin and Chen Qing Chan
Bought by
Ly Martin
Purchase Details
Closed on
Mar 29, 2004
Sold by
Dutran Lynn H
Bought by
Tran Tom G
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Hong Daniel | $650,000 | Fidelity National Title Co | |
| Phan Don T | $586,000 | Fidelity National Title Co | |
| Du Van | -- | Title 365 | |
| Du Van | $440,000 | United Title | |
| Ly Martin | -- | Ticor Title Company | |
| Tran Tom G | -- | Ticor Title Company | |
| Ly Martin | -- | Ticor Title Company | |
| Tran Tom G | -- | Ticor Title Company | |
| Ly Martin | -- | Ticor Title Company |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Du Van | $250,000 | |
| Previous Owner | Du Van | $340,000 | |
| Previous Owner | Tran Tom G | $371,000 | |
| Closed | Ly Martin | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/08/2020 12/08/20 | Sold | $650,000 | +0.2% | $241 / Sq Ft |
| 09/14/2020 09/14/20 | Pending | -- | -- | -- |
| 07/14/2020 07/14/20 | For Sale | $649,000 | -- | $240 / 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 |
|---|---|---|---|---|
| 2025 | $8,851 | $703,578 | $560,266 | $143,312 |
| 2024 | $8,851 | $689,783 | $549,281 | $140,502 |
| 2023 | $8,522 | $676,259 | $538,511 | $137,748 |
| 2022 | $8,116 | $663,000 | $527,952 | $135,048 |
| 2021 | $8,095 | $650,000 | $517,600 | $132,400 |
| 2020 | $7,626 | $609,673 | $469,636 | $140,037 |
| 2019 | $7,407 | $597,720 | $460,428 | $137,292 |
| 2018 | $7,323 | $586,000 | $451,400 | $134,600 |
| 2016 | $5,421 | $447,500 | $358,000 | $89,500 |
| 2015 | $4,729 | $387,000 | $309,600 | $77,400 |
| 2014 | $4,756 | $387,000 | $309,600 | $77,400 |
Source: Public Records
Agents Affiliated with this Home
-
Mai Matthesen
-
Katie Yau
Buyer's Agent in 2020
Katie Yau
Pinnacle Real Estate Group
(626) 922-6822
3 in this area
67 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SR20138242
APN: 5282-025-018
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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