NOT LISTED FOR SALE

3249 Prospect Ave Rosemead, CA 91770

Estimated Value: $1,268,000 - $1,654,000

8 Beds
4 Baths
3,294 Sq Ft
$455/Sq Ft Est. Value

Last Sold November 12, 2015

Last sale price $925,000 $281 Per Sq Ft

Est. 62% increase in value since last sale

Current estimated payment $9,037/month

9 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Private Yard
  • Cooling System Mounted To A Wall/Window
  • Garvey (Richard) Intermediate School Rated A-
  • No HOA
  • Laundry Room

About This Home

As of November 2015

This property is a total of 4 single story units. There is a total of 8 bedrooms, 4 bathrooms. Each unit has 2 bed, 1 ba, patio, and covered porch. All units have a 1 car garage attached. Conveniently located near schools, markets, freeways and many more amenities.

Last Agent to Sell the Property

Marci scott

Alta Realty Group CA, Inc License #01907105 Listed on: 09/09/2015

Alta Realty Group CA, Inc

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 9,603 Sq Ft Lot
  • 1 Common Wall
  • Level Lot
  • Private Yard
  • Density is 2-5 Units/Acre

Parking

  • 4 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 3,294 Sq Ft Home
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Fireplace in Kitchen
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Fireplace in Primary Bedroom
  • 4 Bathrooms
  • Fireplace in Bathroom

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 22
  • Tax Tract Number 21
  • Assessor Parcel Number 5286013049

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 4 Units

Amenities

  • Laundry Facilities

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,000
  • Professional Management Expense $5,160
  • Trash Expense $1,226
  • Water Sewer Expense $3,000
  • New Taxes Expense $1,864
  • Gross Income $4,300
  • Net Operating Income $39,350

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Parking

4

Listing Details

  • Professional Management Expense: 5160.00
  • Property Attached: Yes
  • Water Sewer Expenses: 3000.00
  • Property Type: Residential Income
  • Parcel Number: 5286013049
  • Year Built: 1958
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Fireplace Features: Bath, Dining Room, Kitchen, Living Room, Master Bedroom
  • Levels: One
  • Price Per Square Foot: 280.81

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Trash Expense: 1226.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Lot Features: 2-5 Units/Acre, Level with Street, Yard
  • Lot Size Sq Ft: 9603.00
  • Price Per Lot Square Foot: 96.32
  • Lot Size Acres: 0.2200

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 4300.00
  • Gross Scheduled Income: 51600.00
  • Insurance Expense: 1000.00
  • Lot Size Area: 9603.0000 Square Feet
  • Net Operating Income: 39350.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 12250.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 1864.00
  • Tax Lot: 22
  • Tax Tract Number: 21-52

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 9, 2015
Closed on
Nov 8, 2015
Sold by
Huang Jong Ten
Bought by
Choy Rosa K
Seller's Agent
Marci scott
Alta Realty Group CA, Inc
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$880,000
Sold Price
$925,000
Premium/Discount to List
$45,000
5.11%
Current Estimated Value
$1,500,056

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$575,056
Avg. Annual Appreciation
4.88%
Original Mortgage
$693,750
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 9, 2015
Closed on
Sep 23, 2015
Sold by
Uchida Haruo and Uchida Kiyoe M
Bought by
Choy Rosa K and Huang Ya Gin H
Seller's Agent
Marci scott
Alta Realty Group CA, Inc
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$880,000
Sold Price
$925,000
Premium/Discount to List
$45,000
5.11%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$693,750
Interest Rate
3.8%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 1, 2006
Sold by
Uchida Haruo and Uchida Kiyoe
Bought by
Uchida Haruo and Uchida Kiyoe M
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
Choy Rosa K -- First American Title
Choy Rosa K $924,545 First American Title Co
Uchida Haruo -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Choy Rosa K $693,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
11/12/2015 11/12/15 Sold $925,000 +5.1% $281 / Sq Ft
09/18/2015 09/18/15 Pending -- -- --
09/09/2015 09/09/15 For Sale $880,000 -- $267 / 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 $14,313 $1,095,005 $591,896 $503,109
2024 $14,313 $1,073,536 $580,291 $493,245
2023 $13,797 $1,052,487 $568,913 $483,574
2022 $13,160 $1,031,851 $557,758 $474,093
2021 $13,009 $1,011,620 $546,822 $464,798
2020 $12,888 $1,001,249 $541,216 $460,033
2019 $12,528 $981,617 $530,604 $451,013
2018 $12,379 $962,370 $520,200 $442,170
2016 $11,369 $925,000 $500,000 $425,000
2015 $1,885 $85,512 $15,973 $69,539
2014 $1,891 $83,838 $15,661 $68,177
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC15199553

California Regional Multiple Listing Service (CRMLS)

APN: 5286-013-049