NOT LISTED FOR SALE

7522 Melrose Ave Rosemead, CA 91770

Estimated Value: $870,796 - $1,026,000

3 Beds
2 Baths
1,402 Sq Ft
$668/Sq Ft Est. Value

Last Sold August 17, 2017

Last sale price $551,000 $393 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $5,790/month

10 Days on Market

Highlights

  • Fireplace in Primary Bedroom
  • Property is near public transit
  • Private Yard
  • Monterey Vista Elementary School Rated A-
  • Wood Flooring
  • No HOA

About This Home

As of August 2017

This 3 bedrooms 1.75 bathrooms home is 1,402 SF on 6,845 SF lot in R2 Zone, with Living Room, Family Room, big backyard with BBQ pad and room to add a second unit (verify with city). Original hardwood floors in LR/DR, front two bedrooms, and hallway. 3rd bedroom is huge. Property is conveniently located in a quiet residential neighborhood, within walking distance to elementary and middle schools, markets, dining, transportation and easy access to 10 and 60 Freeways. House needs repairs and updating. Sold in “AS IS” present physical condition.

Last Agent to Sell the Property

Nancy Eng

Pegasus Financial Inc. License #01228296 Listed on: 07/19/2017

Co-Listed By

Eva Wong

Pegasus Financial Inc. License #00828257

Last Buyer's Agent

DICKSON LUU

MASTERS REALTY License #01070926

MASTERS REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $7,953

Year Built

  • Built in 1947

Lot Details

  • 6,845 Sq Ft Lot
  • Cul-De-Sac
  • Level Lot
  • Private Yard
  • Back and Front Yard
  • Property is zoned RMR2*

Parking

  • 2 Car Garage
  • Parking Available
  • Driveway

Interior Spaces

  • 1,402 Sq Ft Home
  • 1-Story Property
  • Separate Family Room
  • Combination Dining and Living Room
  • Neighborhood Views

Flooring

  • Wood
  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • Fireplace in Primary Bedroom

Laundry

  • Laundry Room
  • Laundry Located Outside

Outdoor Features

  • Patio
  • Front Porch

Location

  • Property is near public transit
  • Suburban Location

Utilities

  • Cooling System Mounted To A Wall/Window
  • Private Water Source

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 21
  • Tax Tract Number 8285
  • Assessor Parcel Number 5285015020

Home Details

Home Type

Single Family

Est. Annual Taxes

$7,953

Year Built

Built in 1947

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • View: Yes
  • Zoning: RMR2*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5285015020
  • Year Built: 1947
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 1402.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Carpet, Vinyl, Wood
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 2
  • Three Quarter Bathrooms: 1
  • Total Bedrooms: 3
  • Eating Area: In Living Room
  • Fireplace Features: Master Bedroom
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 393.01
  • Room Type: Kitchen, Living Room, Separate Family Room

Exterior Features

  • Patio: Yes
  • View: Neighborhood
  • Patio And Porch Features: Front Porch
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Water Source: Private
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

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

Schools

  • School District: Alhambra

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Cul-De-Sac, Front Yard, Lot 6500-9999, Level, Near Public Transit, Yard
  • Lot Size Sq Ft: 6845.00

Multi Family

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

Tax Info

  • Tax Census Tract: 4825.02
  • Tax Lot: 21
  • Tax Tract Number: 8285

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 19, 2017
Closed on
Aug 15, 2017
Sold by
Tsang Da Chao
Bought by
Luo Yong Kang and Zhang Yuyan
Seller's Agent
Nancy Eng
Pegasus Financial Inc.
Buyer's Agent
DICKSON LUU
MASTERS REALTY
List Price
$499,000
Sold Price
$551,000
Premium/Discount to List
$52,000
10.42%
Current Estimated Value
$936,449

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$385,449
Avg. Annual Appreciation
6.86%
Original Mortgage
$371,000
Interest Rate
3.96%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 16, 2017
Sold by
Tsang Tat Wah
Bought by
Tsang Da Chao and Tsang Wendy

Purchase Details

Closed on
Sep 26, 2013
Sold by
Tsang Tat Wah
Bought by
Tsang Tat Wah

Purchase Details

Closed on
Jan 31, 2013
Sold by
Tsang Tat Wah
Bought by
Tsang Tat Wah and Tsang Winny

Purchase Details

Closed on
Nov 30, 2006
Sold by
Tsang Tat Wah and Tsang Loi
Bought by
Tsang Tat Wah
Source: Public Records

Range of Values:

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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
Luo Yong Kang $551,000 Stewart
Tsang Da Chao -- None Available
Tsang Tat Wah -- None Available
Tsang Tat Wah -- None Available
Tsang Tat Wah -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Luo Yong Kang $340,000
Closed Luo Yong Kang $371,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/17/2017 08/17/17 Sold $551,000 +10.4% $393 / Sq Ft
07/29/2017 07/29/17 Pending -- -- --
07/29/2017 07/29/17 For Sale $499,000 -9.4% $356 / Sq Ft
07/26/2017 07/26/17 Off Market $551,000 -- --
07/19/2017 07/19/17 For Sale $499,000 -- $356 / 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 $7,953 $626,938 $496,772 $130,166
2024 $7,953 $614,646 $487,032 $127,614
2023 $7,576 $602,595 $477,483 $125,112
2022 $7,216 $590,780 $468,121 $122,659
2021 $7,190 $579,197 $458,943 $120,254
2019 $6,917 $562,020 $445,332 $116,688
2018 $6,853 $551,000 $436,600 $114,400
2016 $4,475 $368,967 $269,645 $99,322
2015 $4,403 $363,426 $265,595 $97,831
2014 $4,348 $356,308 $260,393 $95,915
Source: Public Records

Agents Affiliated with this Home

  • N

    Seller's Agent in 2017

    Nancy Eng

    Pegasus Financial Inc.

    (626) 286-6200

    4 Total Sales

    Section Image

  • E

    Seller Co-Listing Agent in 2017

    Eva Wong

    Pegasus Financial Inc.

    Section Image
  • DICKSON LUU

    Buyer's Agent in 2017

    DICKSON LUU

    MASTERS REALTY

    (626) 292-7200

    18 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR17159290

California Regional Multiple Listing Service (CRMLS)

APN: 5285-015-020

California Los Angeles County Rosemead 91770

7522 Melrose Ave, Rosemead, CA

This home is located at 7522 Melrose Ave, Rosemead, CA 91770 since 19 July 2017 and is currently estimated at $936,449, approximately $667 per square foot. This property was built in 1947. 7522 Melrose Ave is a home located in Los Angeles County with nearby schools including Monterey Vista Elementary School, Garvey (Richard) Intermediate School, and San Gabriel High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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