NOT LISTED FOR SALE

3248 Prospect Ave Rosemead, CA 91770

Estimated Value: $748,000 - $849,000

2 Beds
1 Bath
916 Sq Ft
$862/Sq Ft Est. Value

Last Sold August 04, 2021

Last sale price $599,000 $654 Per Sq Ft

Est. 32% increase in value since last sale

Current estimated payment $4,799/month

7 Days on Market

Highlights

  • No HOA
  • Garvey (Richard) Intermediate School Rated A-
  • Park

About This Home

As of August 2021

City Approved Plan to rebuild existing unit(916 SQ FT)(2 bedrooms + 1 Bath), and Garage coversion to ADU(498 SQ FT)(1 Badroom + 1 Beth) available for review. Sold "AS IS". Buyer to check with city.
Note: Please be noted, The Listing agent is related to the seller.
Note: Please provide proof of Funds.

Last Agent to Sell the Property

Phillip Mu

RICHTOWN REALTY License #00950642 Listed on: 07/10/2021

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1924

Lot Details

  • 6,420 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned RMR2YY

Parking

  • 498 Car Garage

Home Design

  • 916 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 1 Full Bathroom

Listing and Financial Details

  • Tax Lot 23
  • Tax Tract Number 3914
  • Assessor Parcel Number 5286015026

Community Details

Overview

  • No Home Owners Association

Recreation

  • Park

Home Details

Home Type

Single Family

Year Built

Built in 1924

Lot Details

0

Parking

498

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Property Attached: Yes
  • View: No
  • Zoning: RMR2YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5286015026
  • Year Built: 1924
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 916.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 653.93
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 498.00
  • Total Parking Spaces: 498.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6420.00
  • Lot Size Acres: 0.1474

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6420.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4823.03
  • Tax Lot: 23
  • Tax Tract Number: 03914

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 17, 2013
Sold by
Chen Rickey
Bought by
Chen Rickey and Chen & Ng Family Trust
Current Estimated Value
$789,831

Purchase Details

Closed on
Dec 11, 2005
Sold by
Chen Tony
Bought by
Chen Tony and Tony Chen & Sophia To Family Trust

Purchase Details

Closed on
Feb 20, 1998
Sold by
Griffith Kendrick P and Griffith Edith S
Bought by
Chen Rickey

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Outstanding Balance
$16,988
Interest Rate
6.9%
Estimated Equity
$772,843
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Chen Rickey -- None Available
Chen Tony -- --
Chen Rickey $125,454 Benefit Land Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chen Rickey $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/04/2021 08/04/21 Sold $599,000 +22.5% $654 / Sq Ft
07/17/2021 07/17/21 Pending -- -- --
07/10/2021 07/10/21 For Sale $488,990 -- $534 / 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 $8,022 $635,661 $508,530 $127,131
2024 $8,022 $623,198 $498,559 $124,639
2023 $7,724 $610,980 $488,784 $122,196
2022 $7,357 $599,000 $479,200 $119,800
2021 $2,559 $184,367 $138,799 $45,568
2020 $2,536 $182,477 $137,376 $45,101
2019 $2,468 $178,900 $134,683 $44,217
2018 $2,383 $175,393 $132,043 $43,350
2016 $2,192 $168,583 $126,916 $41,667
2015 $2,156 $166,052 $125,010 $41,042
2014 $2,135 $162,801 $122,562 $40,239
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS21150677

California Regional Multiple Listing Service (CRMLS)

APN: 5286-015-026