NOT LISTED FOR SALE

7950 Hershey St Rosemead, CA 91770

Estimated Value: $989,000 - $1,325,000

4 Beds
3 Baths
2,210 Sq Ft
$508/Sq Ft Est. Value

Last Sold September 30, 2016

Last sale price $665,000 $301 Per Sq Ft

Est. 69% increase in value since last sale

Current estimated payment $6,920/month

9 Days on Market

About This Home

As of September 2016

Fully remodeled property with a large front house (1870 sq fts), a back unit (340 sq fts) and a shed (16x16). Open floor plan with an expansive updated master suite with large master bathroom and living room. The front house features 3 bedrooms and 2 bathrooms, a large dining room area and fireplace in original living room offering a great gathering place. The back unit has 1 bedroom and 1 bathroom. Zoned R2, it is buyer's responsibilities to check with city. Great location with short distance to park, school, market, restaurant, transportations and more amenities to see...

Last Agent to Sell the Property

Jessica Chiu

A + Realty & Mortgage License #01303406 Listed on: 08/10/2016

Last Buyer's Agent

JENNY HO

IRN REALTY License #01202526

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,685

Year Built

  • Built in 1926

Lot Details

  • 5,344 Sq Ft Lot
  • No Common Walls
  • Front Yard

Home Design

  • 2,210 Sq Ft Home

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Parking

  • 2 Parking Spaces
  • 1 Carport Space

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 53
  • Tax Tract Number 7353
  • Assessor Parcel Number 5287019025

Community Details

Overview

  • 3 Buildings
  • 2 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • New Taxes Expense $7,140
  • Gross Income $2,800
  • Net Operating Income $25,260

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,685

Year Built

Built in 1926

Lot Details

0

Listing Details

  • Property Attached: No
  • Zoning: RMR2YY
  • Property Type: Residential Income
  • Parcel Number: 5287019025
  • Year Built: 1926
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Entry Location: Ground Level With Steps
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 300.90

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 1.00
  • Total Parking Spaces: 2.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 5344.00
  • Price Per Lot Square Foot: 118.82

Multi Family

  • Gross Income: 2800.00
  • Gross Scheduled Income: 33600.00
  • Insurance Expense: 1200.00
  • Net Operating Income: 25260.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 8340.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 7140.00
  • Tax Lot: 53
  • Tax Tract Number: 7353

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 24, 2018
Sold by
Ho Jenny
Bought by
Ho Jenny and Jenny Ho Family Trust
Current Estimated Value
$1,121,924

Purchase Details

Listed on
Aug 10, 2016
Closed on
Sep 20, 2016
Sold by
Ip Joseph
Bought by
Ho Jenny
Seller's Agent
Jessica Chiu
A + Realty & Mortgage
Buyer's Agent
JENNY HO
IRN REALTY
List Price
$635,000
Sold Price
$665,000
Premium/Discount to List
$30,000
4.72%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.17%
Original Mortgage
$476,250
Interest Rate
3.43%
Mortgage Type
New Conventional

Purchase Details

Listed on
Mar 1, 2016
Closed on
May 26, 2016
Sold by
Avila Luz Elena
Bought by
Ip Joseph and Ip Bonnie
Seller's Agent
NoEmail NoEmail
Src Non-mls
Buyer's Agent
Jessica Chiu
A + Realty & Mortgage
List Price
$575,000
Sold Price
$500,000
Premium/Discount to List
-$75,000
-13.04%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
143.80%

Purchase Details

Closed on
Jun 8, 2004
Sold by
Avila Jesus and Avila Luz Elena
Bought by
Avila Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
5.99%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 9, 2001
Sold by
Rivas Maria Francisca
Bought by
Avila Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,296
Interest Rate
6.63%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 30, 1994
Sold by
Maldonado Francisco Javier and Maldonado Olga P
Bought by
Avila Jesus

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,500
Interest Rate
6.5%
Source: Public Records

Range of Values:

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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
Ho Jenny -- None Available
Ho Jenny $665,000 Title 365
Ip Joseph $500,000 Stewart Title Of Ca Inc
Avila Jesus -- Gateway Title Company
Avila Jesus -- --
Avila Jesus $165,000 World Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ho Jenny $540,000
Closed Ho Jenny $476,250
Previous Owner Avila Jesus $280,000
Previous Owner Avila Jesus $130,296
Previous Owner Avila Jesus $130,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2016 09/30/16 Sold $665,000 +4.7% $301 / Sq Ft
08/19/2016 08/19/16 Pending -- -- --
08/10/2016 08/10/16 For Sale $635,000 +27.0% $287 / Sq Ft
06/07/2016 06/07/16 Sold $500,000 -9.1% $469 / Sq Ft
04/11/2016 04/11/16 Pending -- -- --
04/01/2016 04/01/16 Price Changed $550,000 -4.3% $516 / Sq Ft
03/01/2016 03/01/16 For Sale $575,000 -- $539 / 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 $9,685 $771,783 $539,669 $232,114
2024 $9,685 $756,651 $529,088 $227,563
2023 $9,325 $741,815 $518,714 $223,101
2022 $8,880 $727,271 $508,544 $218,727
2021 $8,849 $713,012 $498,573 $214,439
2020 $8,764 $705,702 $493,461 $212,241
2019 $8,512 $691,866 $483,786 $208,080
2018 $8,416 $678,300 $474,300 $204,000
2016 $2,740 $209,931 $148,939 $60,992
2015 $2,697 $206,778 $146,702 $60,076
2014 $2,669 $202,729 $143,829 $58,900
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: TR16176183

California Regional Multiple Listing Service (CRMLS)

APN: 5287-019-025