NOT LISTED FOR SALE

3056 Muscatel Ave Rosemead, CA 91770

Estimated Value: $1,045,000 - $1,358,000

5 Beds
2 Baths
1,850 Sq Ft
$641/Sq Ft Est. Value

Last Sold February 05, 2021

Last sale price $965,000 $522 Per Sq Ft

Est. 23% increase in value since last sale

Current estimated payment $7,563/month

21 Days on Market

Highlights

  • 0.3 Acre Lot
  • Laundry Room
  • Back and Front Yard
  • Temple (Roger W.) Intermediate School Rated A-

About This Home

As of February 2021

Rosemead Duplex with oversized lot and lots of potential! Front House: 3 bedroom, 1 bathroom, and 1 car garage. Back House: 2 bedroom, 1 bathroom, and 1 car garage. The property also offers lots of storage/parking with a long driveway.  ADDED BONUS: A huge lot in the back that is ready for development!!

Last Agent to Sell the Property

Eric Lambert

Circa Properties, Inc. License #01905253 Listed on: 11/29/2020

Circa Properties, Inc.

Co-Listed By

Merian Lambert

Circa Properties, Inc. License #00906124

Last Buyer's Agent

Thao Nguyen

Coldwell Banker Dynasty T.C. License #01703136

Coldwell Banker Dynasty T.C.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,186

Year Built

  • Built in 1951

Lot Details

  • 0.3 Acre Lot
  • No Common Walls
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • 1,850 Sq Ft Home

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Listing and Financial Details

  • Tax Lot 125
  • Tax Tract Number 3706
  • Assessor Parcel Number 5289011008

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $692
  • Trash Expense $500
  • New Taxes Expense $11,573
  • Operating Expense $12,765
  • Gross Income $35,880
  • Net Operating Income $35,380

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,186

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • Property Attached: No
  • Zoning: RMR1YY
  • Property Type: Residential Income
  • Parcel Number: 5289011008
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 521.62

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 500.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 13218.00
  • Lot Size Acres: 0.3034

Multi Family

  • Average1 Bed Area: 1100 Square Feet
  • Average2 Bed Area: 750 Square Feet
  • Gross Income: 35880.00
  • Gross Scheduled Income: 35880.00
  • Insurance Expense: 692.00
  • Lot Size Area: 13218.0000 Square Feet
  • Net Operating Income: 35380.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 500.00
  • Rent Control: No
  • Total Expenses: 12765.00

Tax Info

  • New Taxes Expense: 11573.00
  • Tax Census Tract: 4336.01
  • Tax Lot: 125
  • Tax Tract Number: 3706

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 29, 2020
Closed on
Jan 25, 2021
Sold by
Ghafoori Marvin J and Ghafoori Homyra
Bought by
Ung Linh and Ung Denh
Seller's Agent
Eric Lambert
Circa Properties, Inc.
Buyer's Agent
Thao Nguyen
Coldwell Banker Dynasty T.C.
List Price
$985,000
Sold Price
$965,000
Premium/Discount to List
-$20,000
-2.03%
Current Estimated Value
$1,186,378

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$221,378
Avg. Annual Appreciation
4.12%
Original Mortgage
$700,000
Outstanding Balance
$626,431
Interest Rate
2.6%
Mortgage Type
New Conventional
Estimated Equity
$532,946

Purchase Details

Closed on
Dec 22, 2016
Sold by
Martinez Blanca
Bought by
Ghafoori Marvin J and Ghafoori Homyra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,400
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 1, 2016
Sold by
Martinez Blanca and The Blanca Martinez Revocable
Bought by
Ghafoori Marvin J and Ghafoori Homyra

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$236,400
Interest Rate
3.47%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 2, 2015
Sold by
Martinez Blanca
Bought by
Ghafoori Marvin J

Purchase Details

Closed on
Jun 30, 2015
Sold by
Martinez Blanca
Bought by
Livi Martinez Blanca and Livi Blanca Martinez Revocable

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 24, 2015
Sold by
Livi Martinez Blanca and Livi Blanca Martinez Revocable
Bought by
Martinez Blanca

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,000
Interest Rate
4.01%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 13, 2011
Sold by
Martinez Blanca E and Martinez Blanca
Bought by
Livi Martinez Blanca and Livi Blanca Martinez Revocable
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
Ung Linh $965,000 Fidelity Natl Ttl Orange Cnt
Ghafoori Marvin J -- None Available
Ghafoori Marvin J -- Priority Title
Ghafoori Marvin J -- None Available
Livi Martinez Blanca -- Accommodation
Martinez Blanca -- Pct
Livi Martinez Blanca -- Equity Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ung Linh $700,000
Previous Owner Ghafoori Marvin J $236,400
Previous Owner Martinez Blanca $232,000
Previous Owner Martinez Jose L $262,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
02/05/2021 02/05/21 Sold $965,000 -2.0% $522 / Sq Ft
12/21/2020 12/21/20 For Sale $985,000 +2.1% $532 / Sq Ft
12/20/2020 12/20/20 Pending -- -- --
12/01/2020 12/01/20 Off Market $965,000 -- --
12/01/2020 12/01/20 Pending -- -- --
11/29/2020 11/29/20 For Sale $985,000 -- $532 / 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 $13,186 $1,369,149 $865,945 $503,204
2024 $13,186 $1,024,065 $848,966 $175,099
2023 $12,699 $1,003,986 $832,320 $171,666
2022 $12,097 $984,300 $816,000 $168,300
2021 $1,819 $52,485 $22,389 $30,096
2020 $1,321 $51,948 $22,160 $29,788
2019 $1,297 $50,930 $21,726 $29,204
2018 $1,152 $49,932 $21,300 $28,632
2016 $1,069 $47,995 $20,474 $27,521
2015 $1,054 $47,275 $20,167 $27,108
2014 $1,060 $46,349 $19,772 $26,577
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW20248068

California Regional Multiple Listing Service (CRMLS)

APN: 5289-011-008