NOT LISTED FOR SALE

3048 Walnut Grove Ave Rosemead, CA 91770

Estimated Value: $1,215,000 - $1,434,000

5 Beds
4 Baths
2,862 Sq Ft
$462/Sq Ft Est. Value

Last Sold February 22, 2019

Last sale price $905,000 $316 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $8,333/month

20 Days on Market

Highlights

  • Ceramic Tile Flooring
  • Temple (Roger W.) Intermediate School Rated A-
  • 1-Story Property

About This Home

As of February 2019

Triplex (all detached homes are 2 bed + 1 bath with their own laundry rooms) + added studio with over 2,800 sf total ! Large lot with garage for 4 cars. Grassy front yard and all single story units. Most units have tile floors in kitchen and baths with some wood floors and carpeting. Sold as-is. Current rents are $4465/mo total, but below market. Fair market rents for 2 bed + 1 bath homes in this area are between $1500-1900/mo depending on location, upgrades and size. So fair market rents for these 4 units exceeds $6500/mo !

Last Agent to Sell the Property

Steven Aslanian

RE/MAX ONE License #01130429 Listed on: 01/03/2019

RE/MAX ONE

Last Buyer's Agent

Steven Aslanian

RE/MAX ONE License #01130429

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,059

Year Built

  • Built in 1961

Lot Details

  • 0.29

Flooring

  • Carpet
  • Ceramic Tile

Parking

  • 4 Car Garage
  • Driveway

Additional Features

  • 1-Story Property
  • Sewer in Street

Community Details

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,059

Year Built

Built in 1961

Lot Details

0

Listing Details

  • Total Bathrooms: 4.00
  • Building Style: Ranch
  • Unit Levels: One
  • Listing Member Name: Steven Aslanian
  • Listing Office Short Id: CB1905001
  • List Office Board Code: Conejo Simi Moorpark Association (CSMAR)
  • Open House Office I D: 20160917164812815188000000
  • Prop. Type: C
  • Selling Member Short Id: C159087937
  • Selling Office Short Id: CB1905001
  • Tract Suffix: Avenue
  • Year Built: 1961
  • OFFICELIST_ZIP4: 2716
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Advertising Remarks: Triplex (all detached homes are 2 bed + 1 bath with their own laundry rooms) + added studio with over 2,800 sf total ! Large lot with garage for 4 cars. Grassy front yard and all single story units. Most units have tile floors in kitchen and baths with some wood floors and carpeting. Sold as-is. Current rents are $4465/mo total, but below market. Fair market rents for 2 bed + 1 bath homes in this area are between $1500-1900/mo depending on location, upgrades and size. So fair market rents for these 4 units exceeds $6500/mo !
  • Basement Full Bathrooms: 4
  • Cooking Appliances: Cooktop - Gas
  • DwellingTotalFloors: 1
  • Entry Location: Ground Level w/Steps, Other
  • Fireplace: No
  • Flooring: Carpet, Ceramic Tile
  • Laundry Locations: Area in Unit
  • Lower Floor 1 Bedrooms: Studio
  • Number Of Buildings: 3

Exterior Features

  • Common Walls: No
  • Disclosures: Other
  • Exterior Construction: Siding, Stucco
  • Foundation: Concrete Slab, Raised
  • Pool: No
  • Roofing: Composition Shingle
  • Spa: No
  • View: No
  • Exterior Construction: Frame & Stucco

Garage/Parking

  • Parking Features: Auto Driveway Gate, Driveway - Concrete
  • ParkingSpacesInformationTotalGarageSpaces: 4.00
  • Parking Type: Garage - 4 Doors

Utilities

  • Cooling Type: Wall or Window Units
  • Heating Fuel: Natural Gas
  • Heating Type: Floor Furnace
  • Sewer: In Street
  • Hot Water: District/Public
  • Water Heater Feature: None

Condo/Co-op/Association

  • Total Number of Units In Complex: 3
  • HOA1InformationHOA: No

Lot Info

  • Lot Acres: 0.2900
  • Zoning: RMR2YY

Rental Info

  • Land Lease Type2: Fee Simple

Tax Info

  • APNTaxID: 5289004029

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 3, 2019
Closed on
Jan 15, 2019
Sold by
Schlereth Susan
Bought by
Wong Harry and Wong Xin
Seller's Agent
Steven Aslanian
RE/MAX ONE
Buyer's Agent
Steven Aslanian
RE/MAX ONE
List Price
$905,000
Sold Price
$905,000
Current Estimated Value
$1,323,333

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$418,333
Avg. Annual Appreciation
6.80%

Purchase Details

Closed on
Feb 12, 2004
Sold by
Lee Joanne
Bought by
Lee Arthur

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
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 9, 2004
Sold by
Lee Allen and Lee Anita
Bought by
Lee Arthur and Lee Anita

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
5.85%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 27, 2001
Sold by
Schlereth Susan
Bought by
Schlereth Thomas A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$247,000
Interest Rate
6.98%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 26, 1997
Sold by
Denton Sally J Tr Sally J Denton Trust
Bought by
Denton Sally J and The Sally J Denton Living Trus
Source: Public Records

Range of Values:

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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
Wong Harry $905,000 First American Title Co
Lee Arthur -- Investors Title Company
Lee Arthur $190,000 Investors Title Company
Schlereth Thomas A -- Orange Coast Title
Schlereth Thomas A -- Orange Coast Title
Denton Sally J -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lee Arthur $300,000
Previous Owner Schlereth Thomas A $297,500
Previous Owner Schlereth Thomas A $247,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/22/2019 02/22/19 Sold $905,000 0.0% $316 / Sq Ft
01/23/2019 01/23/19 Pending -- -- --
01/03/2019 01/03/19 For Sale $905,000 -- $316 / Sq Ft
Source: Conejo Simi Moorpark Association of REALTORS®

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 $13,059 $1,009,539 $707,236 $302,303
2024 $13,059 $989,745 $693,369 $296,376
2023 $12,587 $970,339 $679,774 $290,565
2022 $12,003 $951,314 $666,446 $284,868
2021 $11,959 $932,662 $653,379 $279,283
2020 $11,848 $923,100 $646,680 $276,420
2019 $5,425 $376,860 $181,002 $195,858
2018 $5,198 $369,471 $177,453 $192,018
2016 $4,777 $355,125 $170,563 $184,562
2015 $4,704 $349,791 $168,001 $181,790
2014 $4,662 $342,940 $164,711 $178,229
Source: Public Records

Agents Affiliated with this Home

  • Steven Aslanian

    Seller's Agent in 2019

    Steven Aslanian

    RE/MAX ONE

    (818) 599-3322

    1 in this area

    62 Total Sales

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Map

Source: Conejo Simi Moorpark Association of REALTORS®

MLS Number: 219000096

Conejo Simi Moorpark Association of REALTORS®

APN: 5289-004-029

California Los Angeles County Rosemead 91770

3048 Walnut Grove Ave, Rosemead, CA

This home is located at 3048 Walnut Grove Ave, Rosemead, CA 91770 since 03 January 2019 and is currently estimated at $1,323,333, approximately $462 per square foot. This property was built in 1961. 3048 Walnut Grove Ave is a home located in Los Angeles County with nearby schools including Willard (Frances E.) Elementary School, Temple (Roger W.) Intermediate School, and San Gabriel High School.

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