NOT LISTED FOR SALE

7435 Hellman Ave Rosemead, CA 91770

Estimated Value: $846,000 - $1,081,000

3 Beds
1 Bath
1,224 Sq Ft
$808/Sq Ft Est. Value

Last Sold June 28, 2018

Last sale price $639,998 $523 Per Sq Ft

Est. 54% increase in value since last sale

Current estimated payment $5,943/month

63 Days on Market

Highlights

  • Lawn
  • No HOA
  • Family Room
  • Garvey (Richard) Intermediate School Rated A-
  • Laundry Room
  • Level Lot

About This Home

As of June 2018

R-3 Zoned Lot, 45 ft. W x 199 ft.L. Hard to Find a mixed use Multi Residential RMR3YY Zoned Property. Develop Multiple-family dwellings and apartment houses, or multi-family residential as allowed by City Of Rosemead/County of Los Angeles Development guidelines; Deep Lot (8944 Sq ft, per Assessor) with potential to develop into an income producing property (Buyer to verify zoning and land usage with the City Of Rosemead Planning Department). There is a small 3 bedroom 1 Bath, 1224 Sq ft. per Assessor, built in 1937, on the property that is in poor shape; owner will make no repairs nor any considerations will be made for the subject House; The property is being sold for its highest and best value which is for the land and it's RMR3YY Zoning. The immediate locale has proximal retail shopping, and many employment categories within a few mile radius. Freeway access is within one block, and travels approximately 400 feet north of the subject site. The Lots dimensions are as follows 45 ft. W x 199 ft. L

Last Agent to Sell the Property

Kenneth Spainhour

411 RES License #01507908 Listed on: 03/20/2018

Last Buyer's Agent

Norman Tran

EXP REALTY OF SOCAL License #01863684

EXP REALTY OF SOCAL

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1937

Lot Details

  • 8,944 Sq Ft Lot
  • Level Lot
  • Lawn
  • Back and Front Yard
  • Value in Land
  • Tear Down
  • Property is zoned RMR3YY

Interior Spaces

  • 1,224 Sq Ft Home
  • 1-Story Property
  • Free Standing Fireplace
  • Family Room
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 1 Full Bathroom

Utilities

  • Septic Type Unknown

Listing and Financial Details

  • Tax Lot 142
  • Tax Tract Number 2826
  • Assessor Parcel Number 5286008012

Community Details

Overview

  • No Home Owners Association
  • Valley

Amenities

  • Laundry Facilities

Home Details

Home Type

Single Family

Year Built

Built in 1937

Lot Details

0

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: No
  • Zoning: RMR3YY
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5286008012
  • Year Built: 1937
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1224.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 3
  • Fireplace Features: Free Standing
  • Levels: One
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 522.87
  • Room Type: All Bedrooms Down, Family Room, Kitchen

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer, Unknown
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Valley

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lawn, Level with Street, Lot 6500-9999, Tear Down, Value In Land
  • Lot Size: 45w x 199L
  • Lot Size Sq Ft: 8944.00

Multi Family

  • Lease Considered: No
  • Number Of Units In Community: 1
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4823.03
  • Tax Lot: 142
  • Tax Tract Number: 2826

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 3, 2019
Sold by
Fang Yinyou
Bought by
Huang Weiqiang
Current Estimated Value
$988,402

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Outstanding Balance
$429,965
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$558,437

Purchase Details

Closed on
Aug 23, 2019
Sold by
Huang Qiqun
Bought by
Huang Qiqun and Huang Weiqiang

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$492,000
Outstanding Balance
$429,965
Interest Rate
3.7%
Mortgage Type
New Conventional
Estimated Equity
$558,437

Purchase Details

Listed on
Mar 20, 2018
Closed on
Jun 23, 2018
Sold by
Calderon Mary Ann
Bought by
Chen Jun Ping and Huang Qiqun
Seller's Agent
Kenneth Spainhour
411 RES
Buyer's Agent
Norman Tran
EXP REALTY OF SOCAL
List Price
$650,000
Sold Price
$639,998
Premium/Discount to List
-$10,002
-1.54%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.97%
Original Mortgage
$500,000
Interest Rate
4.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 14, 2009
Sold by
Calderon Henry R
Bought by
Calderon Mary Ann and The Mary Ann Calderon Revocable Trust

Purchase Details

Closed on
Jul 21, 2006
Sold by
Calderon Mary Ann
Bought by
Calderon Mary Ann and The Mary Ann Calderon Revocable Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2006
Sold by
Calderon Mary Ann
Bought by
Calderon Mary Ann and Calderon Henry R

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 6, 1998
Sold by
Calderon Ysidra R
Bought by
Calderon Henry R and Calderon Maryann
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
Huang Weiqiang -- Property Id Title Company
Huang Qiqun -- Property Id Title Company
Chen Jun Ping $640,000 First American Title Company
Calderon Mary Ann -- None Available
Calderon Mary Ann -- None Available
Calderon Henry R -- None Available
Calderon Mary Ann -- None Available
Calderon Henry R -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huang Qiqun $492,000
Previous Owner Chen Jun Ping $500,000
Previous Owner Calderon Henry R $25,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/28/2018 06/28/18 Sold $639,998 -1.5% $523 / Sq Ft
05/22/2018 05/22/18 Pending -- -- --
03/20/2018 03/20/18 For Sale $650,000 -- $531 / 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 $9,168 $728,204 $582,565 $145,639
2024 $9,168 $713,927 $571,143 $142,784
2023 $8,827 $699,930 $559,945 $139,985
2022 $8,407 $686,207 $548,966 $137,241
2021 $8,382 $672,752 $538,202 $134,550
2020 $8,302 $665,855 $532,684 $133,171
2019 $8,064 $652,800 $522,240 $130,560
2018 $2,976 $216,022 $147,905 $68,117
2016 $2,737 $207,635 $142,162 $65,473
2015 $2,694 $204,517 $140,027 $64,490
2014 $2,668 $200,512 $137,285 $63,227
Source: Public Records

Agents Affiliated with this Home

  • K

    Seller's Agent in 2018

    Kenneth Spainhour

    411 RES

    Section Image
  • Norman Tran

    Buyer's Agent in 2018

    Norman Tran

    EXP REALTY OF SOCAL

    (626) 202-9299

    1 in this area

    36 Total Sales

    Norman Tran
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC18064491

California Regional Multiple Listing Service (CRMLS)

APN: 5286-008-012

California Los Angeles County Rosemead 91755

7435 Hellman Ave, Rosemead, CA

Not Listed for Sale

Detached

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