NOT LISTED FOR SALE

7914 Hellman Ave Rosemead, CA 91770

Estimated Value: $709,000 - $836,310

2 Beds
1 Bath
900 Sq Ft
$889/Sq Ft Est. Value

Last Sold June 10, 2016

Last sale price $391,000 $434 Per Sq Ft

Est. 105% increase in value since last sale

Current estimated payment $4,771/month

111 Days on Market

About This Home

As of June 2016

Great R2 zoning property (Rosemead zoning code: RMR2YY)! Check with city for details and guidelines to build 1 large or 2 new units on the property or to make additions to the existing home on the property. Currently the property needs some updating and remodeling to make this home to meet new buyer's requirements. Currently, the property sits on a flat, all build-able, land. It has a small kitchen with room with a dining table, a living room, and a bathroom. The owner loves plants so many of the plants on the property are in pots and they can be removed. There is a long drive for up to 5 cars and a detached 2-car garage. There are mature palm trees, and many flowering plants and fruit trees on the property. Conveniently located in the heart of Rosemead with easy access to Fwy 10, 60, 605 and 710 and just minutes to downtown LA. This is a diamond in the rough. Buyers and buyer's agent to verify all city guidelines prior to closing! Adjacent property at 7910 Hellman Ave, Rosemead also listed for sale (MLS # TR160018765). Buyer of both property can make this property in one large parcel with over 11,000+ sq. ft. of land!

Last Agent to Sell the Property

Ashley Kay

BHHS CA Properties License #01478038 Listed on: 05/01/2016

BHHS CA Properties

Last Buyer's Agent

John Phan

IRN REALTY License #01934661

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1941

Lot Details

  • 5,578 Sq Ft Lot

Parking

  • 2 Car Garage

Home Design

  • 900 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 113
  • Tax Tract Number 7353
  • Assessor Parcel Number 5287018030

Home Details

Home Type

Single Family

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Road Frontage Type: City Street
  • View: No
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5287018030
  • Year Built: 1941
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 900.00
  • Common Walls: No Common Walls
  • Full Bathrooms: 1
  • Total Bedrooms: 2
  • Levels: One
  • Price Per Square Foot: 434.44

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 7.00

Utilities

  • Utilities: Sewer Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Size Sq Ft: 5578.00
  • Price Per Lot Square Foot: 70.10
  • Lot Size Acres: 0.1280

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5578.0000 Square Feet

Tax Info

  • Tax Lot: 113
  • Tax Tract Number: 7353

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 1, 2016
Closed on
May 17, 2016
Sold by
Garcia Salvador
Bought by
Kong Hon Lam and Kong Bing
Seller's Agent
Ashley Kay
BHHS CA Properties
Buyer's Agent
John Phan
IRN REALTY
List Price
$388,000
Sold Price
$391,000
Premium/Discount to List
$3,000
0.77%
Current Estimated Value
$800,328

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$409,328
Avg. Annual Appreciation
7.76%

Purchase Details

Closed on
May 27, 2014
Sold by
Garcia Yolanda
Bought by
Garcia Salvador and Garcia Yolanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
4.27%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 1, 1999
Sold by
Wu Chun H
Bought by
Garcia Yolanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,182
Interest Rate
6.84%
Mortgage Type
FHA

Purchase Details

Closed on
May 21, 1999
Sold by
Garcia Salvador
Bought by
Garcia Yolanda

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$99,182
Interest Rate
6.84%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
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
Kong Hon Lam $391,000 None Available
Garcia Salvador -- Ticor Title
Garcia Yolanda $100,000 Old Republic Title Company
Garcia Yolanda -- Old Republic Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Garcia Salvador $190,000
Previous Owner Garcia Yolanda $99,182
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
06/10/2016 06/10/16 Sold $391,000 0.0% $434 / Sq Ft
05/17/2016 05/17/16 Pending -- -- --
05/12/2016 05/12/16 Off Market $391,000 -- --
05/01/2016 05/01/16 For Sale $388,000 0.0% $431 / Sq Ft
04/18/2016 04/18/16 Pending -- -- --
02/17/2016 02/17/16 For Sale $388,000 -0.8% $431 / Sq Ft
02/16/2016 02/16/16 Pending -- -- --
02/05/2016 02/05/16 Off Market $391,000 -- --
01/27/2016 01/27/16 For Sale $388,000 -- $431 / 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 $7,026 $552,889 $370,287 $182,602
2024 $7,026 $542,049 $363,027 $179,022
2023 $6,766 $531,421 $355,909 $175,512
2022 $6,445 $521,002 $348,931 $172,071
2021 $6,423 $510,788 $342,090 $168,698
2019 $80 $488,841 $331,945 $156,896
2018 $5,184 $406,796 $325,437 $81,359
2016 $1,964 $142,600 $105,938 $36,662
2015 $1,933 $140,459 $104,347 $36,112
2014 $1,916 $137,708 $102,303 $35,405
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR16017933

California Regional Multiple Listing Service (CRMLS)

APN: 5287-018-030