NOT LISTED FOR SALE

3019 Burton Ave Rosemead, CA 91770

Estimated Value: $707,000 - $884,000

2 Beds
2 Baths
916 Sq Ft
$859/Sq Ft Est. Value

Last Sold December 13, 2016

Last sale price $491,000 $536 Per Sq Ft

Est. 60% increase in value since last sale

Current estimated payment $4,891/month

181 Days on Market

About This Home

As of December 2016

JUST REDUCED!!! Great opportunity! This great single story in Rosemead will not last. Property features two units on a 5,533 sq ft lot, zoned for multifamily. Each unit has 1 bedroom 1 bathroom. Lot is zoned RMM1
Great location! Close To Everything Schools, Shopping, Downtown, City Hall…
Drive By Only Please.

Last Agent to Sell the Property

Reyna Martinez

REYNA MARTINEZ, BROKER License #01472563 Listed on: 05/31/2016

Last Buyer's Agent

OLGA CASTILLO

CENTURY 21 KING License #01761686

CENTURY 21 KING

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $7,327

Year Built

  • Built in 1952

Lot Details

  • 5,134 Sq Ft Lot
  • 1 Common Wall

Home Design

  • 916 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tenant pays for electricity, gas, water
  • Tax Lot 50
  • Tax Tract Number 3706
  • Assessor Parcel Number 5289004040

Community Details

Overview

  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $123
  • Gross Income $1,800
  • Net Operating Income $900

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$7,327

Year Built

Built in 1952

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Property Type: Residential Income
  • Parcel Number: 5289004040
  • Year Built: 1952
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 536.03

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 123.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 5134.00
  • Price Per Lot Square Foot: 101.29

Rental Info

  • Tenant Pays: Electricity, Gas, Water

Multi Family

  • Gross Income: 1800.00
  • Gross Scheduled Income: 21600.00
  • Net Operating Income: 900.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number Wall A C: 2
  • Rent Control: Yes

Tax Info

  • Tax Lot: 50
  • Tax Tract Number: 3706

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 21, 2024
Sold by
Nie Yong Quan
Bought by
Yen Family Revocable Living Trust and Yen
Current Estimated Value
$787,041

Purchase Details

Listed on
May 31, 2016
Closed on
Dec 2, 2016
Sold by
Solorzano Alonzo
Bought by
Nie Yong Quan
Seller's Agent
Reyna Martinez
REYNA MARTINEZ, BROKER
Buyer's Agent
OLGA CASTILLO
CENTURY 21 KING
List Price
$520,000
Sold Price
$491,000
Premium/Discount to List
-$29,000
-5.58%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.04%

Purchase Details

Closed on
Sep 14, 2004
Sold by
Russell Jean P
Bought by
Solorzano Alonzo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$292,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 29, 2002
Sold by
Chan Sidney and Law Jen
Bought by
Russell Jean P

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$218,000
Interest Rate
6.37%

Purchase Details

Closed on
Dec 29, 1994
Sold by
Chan Sidney
Bought by
Wong Sik Ho

Purchase Details

Closed on
Jul 12, 1994
Sold by
Wong Sik Ho
Bought by
Chan Sidney
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Yen Family Revocable Living Trust $700,000 Fidelity National Title
Nie Yong Quan $491,000 First American Title Company
Solorzano Alonzo $365,000 Laywers Title Company
Russell Jean P -- Lawyers Title
Russell Jean P $229,954 Lawyers Title
Wong Sik Ho -- --
Chan Sidney -- --
Chan Sidney -- Lawyers Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Solorzano Alonzo $364,000
Previous Owner Solorzano Alonzo $292,000
Previous Owner Russell Jean P $269,000
Previous Owner Russell Jean P $218,000
Closed Solorzano Alonzo $73,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/13/2016 12/13/16 Sold $491,000 -3.7% $536 / Sq Ft
11/28/2016 11/28/16 Pending -- -- --
11/17/2016 11/17/16 Price Changed $510,000 -1.9% $557 / Sq Ft
05/31/2016 05/31/16 For Sale $520,000 -- $568 / 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 $7,327 $746,640 $559,980 $186,660
2024 $7,327 $558,669 $444,888 $113,781
2023 $7,058 $547,715 $436,165 $111,550
2022 $6,727 $536,976 $427,613 $109,363
2021 $6,706 $526,448 $419,229 $107,219
2019 $6,455 $510,836 $406,796 $104,040
2018 $6,410 $500,820 $398,820 $102,000
2016 $5,313 $429,777 $362,665 $67,112
2015 $5,229 $423,322 $357,218 $66,104
2014 $5,167 $415,031 $350,221 $64,810
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV16116463

California Regional Multiple Listing Service (CRMLS)

APN: 5289-004-040