NOT LISTED FOR SALE

3221 Jackson Ave Rosemead, CA 91770

Estimated Value: $1,146,000 - $1,740,000

7 Beds
4 Baths
3,191 Sq Ft
$492/Sq Ft Est. Value

Last Sold October 17, 2014

Last sale price $900,000 $282 Per Sq Ft

Est. 74% increase in value since last sale

Current estimated payment $9,239/month

62 Days on Market

About This Home

As of October 2014

Very nice 3 units rental property in good location. First time on market, near school, market and located south of valley and east of new. 3225 Front unit has 3 beds& 2 baths. Just recently remodeled with new carpets, new binds, new tile floor, new kitchen, and new paint in and out. Must see to appreciate.

Last Agent to Sell the Property

Yaotian Luo

Skyway Investment Corp. License #01107097 Listed on: 08/18/2014

Last Buyer's Agent

Yaotian Luo

Skyway Investment Corp. License #01107097 Listed on: 08/18/2014

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1967

Lot Details

  • 0.25 Acre Lot
  • 1 Common Wall
  • Density is 2-5 Units/Acre

Parking

  • 6 Car Garage

Home Design

  • 3,191 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 11402
  • Assessor Parcel Number 5286015012

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $500
  • Trash Expense $918
  • Water Sewer Expense $2,400
  • Gross Income $4,650
  • Net Operating Income $50,782

Property Details

Home Type

Multi-Family

Year Built

Built in 1967

Lot Details

0.25 Acres

Parking

6

Listing Details

  • Property Attached: Yes
  • Water Sewer Expenses: 2400.00
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 5286015012
  • Year Built: 1967
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Levels: Two
  • Price Per Square Foot: 282.04

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 6.00
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Sewer Available
  • Trash Expense: 918.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 10895.00
  • Lot Size Acres: 0.2500

Multi Family

  • Gross Income: 4650.00
  • Gross Scheduled Income: 55800.00
  • Insurance Expense: 500.00
  • Lot Size Area: 10895.0000 Square Feet
  • Net Operating Income: 50782.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 5018.00
  • Rent Control: No

Tax Info

  • Tax Lot: 12
  • Tax Tract Number: 11402
  • Tax Year: 2013

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 11, 2015
Sold by
Wu Guo Zhen
Bought by
Lo You and Wu Guo Zhen
Current Estimated Value
$1,569,053

Purchase Details

Listed on
Aug 18, 2014
Closed on
Oct 7, 2014
Sold by
Lo You
Bought by
Wu Guo Zhen
Seller's Agent
Yaotian Luo
Skyway Investment Corp.
Buyer's Agent
Yaotian Luo
Skyway Investment Corp.
List Price
$880,000
Sold Price
$900,000
Premium/Discount to List
$20,000
2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.01%
Original Mortgage
$540,000
Outstanding Balance
$428,941
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,140,112

Purchase Details

Listed on
Aug 18, 2014
Closed on
Sep 29, 2014
Sold by
Chu Michael Kal Cheung and Chu Joanne Yan
Bought by
Wu Guo Zhen
Seller's Agent
Yaotian Luo
Skyway Investment Corp.
Buyer's Agent
Yaotian Luo
Skyway Investment Corp.
List Price
$880,000
Sold Price
$900,000
Premium/Discount to List
$20,000
2.27%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Outstanding Balance
$428,941
Interest Rate
5.12%
Mortgage Type
Adjustable Rate Mortgage/ARM
Estimated Equity
$1,140,112

Purchase Details

Closed on
Jun 30, 2006
Sold by
Muir Pamela and The Wright Dupree Trust
Bought by
Chu Michael Kai Cheung and Chu Joanne Yan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$621,000
Interest Rate
6.76%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 20, 2005
Sold by
Bank Of The West
Bought by
Muir Pamela and The Wright-Dupree Trust
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
Lo You -- None Available
Wu Guo Zhen -- Title365 Company
Wu Guo Zhen $900,000 Title365 Company
Chu Michael Kai Cheung $828,000 Investors Title Company
Muir Pamela -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Wu Guo Zhen $540,000
Previous Owner Chu Michael Kai Cheung $621,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/17/2014 10/17/14 Sold $900,000 +2.3% $282 / Sq Ft
09/08/2014 09/08/14 Pending -- -- --
07/08/2014 07/08/14 For Sale $880,000 -- $276 / 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 $13,873 $1,081,656 $781,199 $300,457
2024 $13,873 $1,060,448 $765,882 $294,566
2023 $13,367 $1,039,656 $750,865 $288,791
2022 $12,742 $1,019,272 $736,143 $283,129
2021 $12,695 $999,287 $721,709 $277,578
2020 $12,575 $989,041 $714,309 $274,732
2019 $12,221 $969,649 $700,303 $269,346
2018 $12,080 $950,637 $686,572 $264,065
2016 $11,086 $913,724 $659,912 $253,812
2015 $10,911 $900,000 $650,000 $250,000
2014 $9,953 $810,000 $500,000 $310,000
Source: Public Records

Agents Affiliated with this Home

  • Y

    Seller's Agent in 2014

    Yaotian Luo

    Skyway Investment Corp.

    (626) 288-7373

    21 Total Sales

    Yaotian Luo
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: AR14144376

California Regional Multiple Listing Service (CRMLS)

APN: 5286-015-012

California Los Angeles County Rosemead 91770

3221 Jackson Ave, Rosemead, CA

Not Listed for Sale

MultiFamily

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