NOT LISTED FOR SALE

3034 Burton Ave Rosemead, CA 91770

Estimated Value: $920,000 - $1,344,000

4 Beds
2 Baths
2,262 Sq Ft
$475/Sq Ft Est. Value

Last Sold June 15, 2016

Last sale price $1,085,000 $480 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $6,473/month

25 Days on Market

Highlights

  • No HOA
  • Temple (Roger W.) Intermediate School Rated A-
  • 1-Story Property

About This Home

As of June 2016

STANDARD SALE 3 units which consist of three separate buildings 2 bedroom 1 bathroom each sitting on 12232 lot size on parcel #5289-005-043 to sell with front parcel 5289-005-037 which has a SFR and is also a 2 bedroom 1 bathroom. Just over 20k lot size combined. Front unit was built in 1922 and rear units in 1955 (per assessor). Seller is very motivated. Close to shopping, transportation, schools, Fwy's, parks and seller is very motivated so you will get a fast response to this one, don't let it get away.

Last Agent to Sell the Property

Anthony Chavez

THE ASSOCIATES REALTY GROUP License #01753597 Listed on: 05/20/2016

THE ASSOCIATES REALTY GROUP

Co-Listed By

karla miguel

GRISELDA REYNA, BROKER License #01930346

Last Buyer's Agent

Anthony Chavez

THE ASSOCIATES REALTY GROUP License #01753597 Listed on: 05/20/2016

THE ASSOCIATES REALTY GROUP

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 0.28 Acre Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Parking Spaces

Interior Spaces

  • 2,262 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 75
  • Tax Tract Number 3706
  • Assessor Parcel Number 5289005043

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $2,500
  • New Taxes Expense $2,757
  • Gross Income $43,200
  • Net Operating Income $43,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0.28 Acres

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 5289005043
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 479.66

Exterior Features

  • Pool Private: No

Garage/Parking

  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Community Features: Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 12232.00
  • Price Per Lot Square Foot: 88.70

Multi Family

  • Gross Income: 43200.00
  • Gross Scheduled Income: 43200.00
  • Insurance Expense: 2500.00
  • Net Operating Income: 43200.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Rent Control: No

Tax Info

  • New Taxes Expense: 2757.00
  • Tax Lot: 75
  • Tax Tract Number: 3706

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 20, 2016
Closed on
Jun 1, 2016
Sold by
Cortez Alberto
Bought by
Cortez Alberto
Seller's Agent
Anthony Chavez
THE ASSOCIATES REALTY GROUP
Buyer's Agent
Anthony Chavez
THE ASSOCIATES REALTY GROUP
List Price
$1,100,000
Sold Price
$1,085,000
Premium/Discount to List
-$15,000
-1.36%
Current Estimated Value
$1,073,991

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$11,009
Avg. Annual Appreciation
-0.10%
Original Mortgage
$326,250
Outstanding Balance
$259,718
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$814,273

Purchase Details

Listed on
May 20, 2016
Closed on
May 5, 2016
Sold by
Cortez Alberto
Bought by
Liu Zhiwen and Kuang Li
Seller's Agent
Anthony Chavez
THE ASSOCIATES REALTY GROUP
Buyer's Agent
Anthony Chavez
THE ASSOCIATES REALTY GROUP
List Price
$1,100,000
Sold Price
$1,085,000
Premium/Discount to List
-$15,000
-1.36%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$326,250
Outstanding Balance
$259,718
Interest Rate
3.66%
Mortgage Type
New Conventional
Estimated Equity
$814,273

Purchase Details

Closed on
Jan 21, 2016
Sold by
Cortez Alberto
Bought by
Miguel John

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 30, 2015
Sold by
S & B Associates Llc
Bought by
Cortez Alberto

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2013
Sold by
Silva Cheryl R
Bought by
S & B Associates Inc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$524,000
Interest Rate
4.36%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 9, 2006
Sold by
Chalupka Ruby E and Flores Ruby E
Bought by
Chalupka Ruby E

Purchase Details

Closed on
May 15, 2004
Sold by
Chalupa Ruby E
Bought by
Chalupa Ruby E
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
Cortez Alberto -- Property Id Title
Liu Zhiwen $435,000 Property Id Title
Miguel John -- Fatco
Cortez Alberto $400,000 First American Title Company
S & B Associates Inc $655,000 Fidelity National Title Co
Silva Cheryl R -- Fidelity National Title Co
Chalupka Ruby E -- None Available
Chalupa Ruby E -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Liu Zhiwen $326,250
Previous Owner Cortez Alberto $300,000
Previous Owner S & B Associates Inc $524,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/15/2016 06/15/16 Sold $1,085,000 -1.4% $480 / Sq Ft
06/14/2016 06/14/16 Pending -- -- --
05/20/2016 05/20/16 For Sale $1,100,000 -- $486 / 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 $8,804 $697,264 $411,958 $285,306
2024 $8,804 $683,593 $403,881 $279,712
2023 $8,478 $670,190 $395,962 $274,228
2022 $8,075 $657,050 $388,199 $268,851
2021 $8,047 $644,168 $380,588 $263,580
2019 $6,556 $527,024 $369,300 $157,724
2018 $5,659 $452,573 $362,059 $90,514
2016 $2,764 $212,283 $191,573 $20,710
2015 $2,721 $209,095 $188,696 $20,399
2014 $2,693 $35,152 $25,378 $9,774
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV16123868

California Regional Multiple Listing Service (CRMLS)

APN: 5289-005-037

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