NOT LISTED FOR SALE

7707 Emerson Place Rosemead, CA 91770

Estimated Value: $1,562,401 - $1,762,000

6 Beds
4 Baths
3,071 Sq Ft
$534/Sq Ft Est. Value

Last Sold November 18, 2016

Last sale price $880,000 $287 Per Sq Ft

Est. 86% increase in value since last sale

Current estimated payment $10,095/month

313 Days on Market

Highlights

  • Wood Flooring
  • Corner Lot
  • Wall Furnace
  • Garvey (Richard) Intermediate School Rated A-
  • Private Yard

About This Home

As of November 2016

** HUGE,HUGE PRICE REDUCTION** **Amazing Opportunity to Own this Duplex** **Main House is Now Vacant** **Look No Further** **Two Separate Houses On One Big Lot** **No Rent Control** **First House features 4 Bed Rooms and 3 Bath Rooms (Now Vacant)** **2nd House Features 2 Bed Rooms and 1 Bath Room** **Exterior Features Cemented Back Yard** **Detached 2 Car Garage** **Large Carport With Parking Space To Fit 4 Vehicles** **Access For RV Parking** **Close To Freeway** **Stores And Shopping Mall** **Ideal For A Big Family With In-Laws** **Or Live In One And Lease The Other For Extra Income** **First time on The Market in 40 years** **Don't Miss Out On This Opportunity** **PLEASE DO NOT DISTURB TENANTS** **AND PLEASE DO NOT WALK AROUND THE PROPERTY** **PROPERTY IS BEING SOLD AS IS**

Last Agent to Sell the Property

David Gomez

The Heights Real Estate Group License #01441936 Listed on: 10/14/2015

Last Buyer's Agent

Xujing Zheng

Re/Max Premier Prop Arcadia License #01977285

Re/Max Premier Prop Arcadia

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $13,916

Year Built

  • Built in 1944

Lot Details

  • 0.25 Acre Lot
  • No Common Walls
  • Corner Lot
  • Private Yard
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • 3,071 Sq Ft Home

Flooring

  • Wood
  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Utilities

  • Wall Furnace

Listing and Financial Details

  • Tax Lot 25
  • Tax Tract Number 2078
  • Assessor Parcel Number 5286031014

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$13,916

Year Built

Built in 1944

Lot Details

0

Parking

2

Listing Details

  • Other Phone Description: AGENTS CELL
  • Other Phone Number: 562 244-4611
  • Property Attached: No
  • Property Type: Residential Income
  • Parcel Number: 5286031014
  • Year Built: 1944
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile, Wood
  • Price Per Square Foot: 286.55

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Wall Furnace
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Lot Features: Front Yard, Lot 10000-19999 Sqft, Corner Lot, Yard
  • Lot Size Sq Ft: 11036.00
  • Price Per Lot Square Foot: 83.82
  • Lot Size Acres: 0.2530

Multi Family

  • Lot Size Area: 11036.0000 Square Feet
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Lot: 25
  • Tax Tract Number: 2078

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 14, 2015
Closed on
Sep 19, 2016
Sold by
Yu Jiangfengl
Bought by
Yu Xueping
Seller's Agent
David Gomez
The Heights Real Estate Group
Buyer's Agent
Xujing Zheng
Re/Max Premier Prop Arcadia
List Price
$1,049,000
Sold Price
$880,000
Premium/Discount to List
-$169,000
-16.11%
Current Estimated Value
$1,639,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$759,850
Avg. Annual Appreciation
7.15%
Original Mortgage
$528,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Aug 23, 2016
Sold by
Hernandez Carlos and Hernandez Elida
Bought by
Yu Xueping

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$528,000
Interest Rate
4.37%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Sep 20, 2000
Sold by
Hernandez Carlos G and Hernandez Elida C
Bought by
Hernandez Carlos and Hernandez Elida
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
Yu Xueping -- Chicago Title
Yu Xueping $880,000 Chicago Title Co
Hernandez Carlos -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Yu Xueping $208,742
Previous Owner Yu Xueping $528,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/18/2016 11/18/16 Sold $880,000 -4.9% $287 / Sq Ft
08/22/2016 08/22/16 Pending -- -- --
07/20/2016 07/20/16 Price Changed $925,000 -11.8% $301 / Sq Ft
10/14/2015 10/14/15 For Sale $1,049,000 -- $342 / 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 $13,916 $1,089,757 $754,378 $335,379
2024 $13,916 $1,068,390 $739,587 $328,803
2023 $12,577 $981,653 $725,086 $256,567
2022 $11,986 $962,406 $710,869 $251,537
2021 $11,942 $943,536 $696,931 $246,605
2020 $11,732 $933,862 $689,785 $244,077
2019 $11,399 $915,552 $676,260 $239,292
2018 $11,263 $897,600 $663,000 $234,600
2016 $1,938 $119,213 $21,299 $97,914
2015 $1,911 $117,424 $20,980 $96,444
2014 $1,904 $115,125 $20,570 $94,555
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW15225569

California Regional Multiple Listing Service (CRMLS)

APN: 5286-031-014