NOT LISTED FOR SALE

7522 Emerson Place Rosemead, CA 91770

Estimated Value: $1,139,000 - $1,186,000

4 Beds
3 Baths
2,094 Sq Ft
$555/Sq Ft Est. Value

Last Sold August 31, 2017

Last sale price $738,000 $352 Per Sq Ft

Est. 57% increase in value since last sale

Current estimated payment $7,028/month

1 Day on Market

Highlights

  • Laundry Room
  • 2 Car Garage
  • 1-Story Property
  • Garvey (Richard) Intermediate School Rated A-
  • Back and Front Yard

About This Home

As of August 2017

Huge front and back yard, front house shows 3 bed and 2 bath (title shows 2 bed 2 bath). Back house is 1 bed 1 bath and 2 car attached garage with 9522 sqft lot. Zone for R2. Big patio, property to be sold as is in its current condition. Buyer agents to do their own due diligence and investigations. Convenient to location. Close to market, school, bus and Garvey Park. Freeways nearby are 10, 60 and 605.

Last Agent to Sell the Property

Richon Phan

RICHON PHAN License #01100042 Listed on: 07/28/2017

Last Buyer's Agent

Richon Phan

RICHON PHAN License #01100042 Listed on: 07/28/2017

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,678

Year Built

  • Built in 1949

Lot Details

  • 9,522 Sq Ft Lot
  • No Common Walls
  • Back and Front Yard

Parking

  • 2 Car Garage
  • Parking Available
  • Unassigned Parking

Interior Spaces

  • 2,094 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Laundry

  • Laundry Room
  • Washer and Gas Dryer Hookup

Location

  • Suburban Location

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 4823
  • Assessor Parcel Number 5286017003

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gross Income $32,760

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,678

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: Holly
  • Other Phone Number: 626-617-1575
  • Property Attached: No
  • Zoning: RMR2*
  • Property Type: Residential Income
  • Parcel Number: 5286017003
  • Year Built: 1949
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 352.44

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Unassigned, Concrete, Garage
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Gas Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Front Yard, Lot 6500-9999
  • Lot Size Sq Ft: 9522.00

Multi Family

  • Gross Income: 32760.00
  • Gross Scheduled Income: 32760.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 4823.04
  • Tax Lot: 2
  • Tax Tract Number: 4823.0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 28, 2017
Closed on
Aug 7, 2017
Sold by
Cheung Lynn Duong and Cheung Wynn
Bought by
Leung Kwan Moon and Guan Jeanette Jing
Seller's Agent
Richon Phan
RICHON PHAN
Buyer's Agent
Richon Phan
RICHON PHAN
List Price
$719,999
Sold Price
$738,000
Premium/Discount to List
$18,001
2.5%
Current Estimated Value
$1,162,349

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$424,349
Avg. Annual Appreciation
6.37%
Original Mortgage
$516,600
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 23, 2014
Sold by
Cheung Lynn D and Cheung Wynn
Bought by
The Lynn Duong Cheung & Wynn Cheung Livi

Purchase Details

Closed on
Apr 25, 2005
Sold by
Tran Henry P and Ngo Danny
Bought by
Cheung Wynn and Cheung Lynn D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
5.99%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jan 22, 2004
Sold by
Sen Vuong Xuan Binh and Sen Thai Khiem
Bought by
Tran Henry P and Ngo Danny

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,000
Interest Rate
5.8%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Leung Kwan Moon $738,000 Ticor Title
The Lynn Duong Cheung & Wynn Cheung Livi -- None Available
Cheung Wynn $553,000 Stewart Title
Tran Henry P $370,000 Ctc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Leung Kwan Moon $449,000
Closed Leung Kwan Moon $516,600
Previous Owner Cheung Lynn D $225,000
Previous Owner Cheung Lynn D $246,827
Previous Owner Cheung Wynn $300,000
Previous Owner Cheung Wynn $300,000
Previous Owner Tran Henry P $230,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/31/2017 08/31/17 Sold $738,000 +2.5% $352 / Sq Ft
07/29/2017 07/29/17 Pending -- -- --
07/28/2017 07/28/17 For Sale $719,999 -- $344 / 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 $10,678 $839,714 $625,804 $213,910
2024 $10,678 $823,250 $613,534 $209,716
2023 $10,286 $807,108 $601,504 $205,604
2022 $9,801 $791,283 $589,710 $201,573
2021 $9,768 $775,769 $578,148 $197,621
2020 $9,675 $767,815 $572,220 $195,595
2019 $9,400 $752,760 $561,000 $191,760
2018 $9,306 $738,000 $550,000 $188,000
2016 $7,884 $651,147 $488,304 $162,843
2015 $7,760 $641,367 $480,970 $160,397
2014 $6,998 $570,000 $430,000 $140,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS17173706

California Regional Multiple Listing Service (CRMLS)

APN: 5286-017-003