NOT LISTED FOR SALE

8053 Newmark Ave Rosemead, CA 91770

Estimated Value: $1,342,056 - $1,542,000

7 Beds
3 Baths
3,605 Sq Ft
$400/Sq Ft Est. Value

Last Sold April 09, 2020

Last sale price $930,000 $258 Per Sq Ft

Est. 55% increase in value since last sale

Current estimated payment $8,540/month

10 Days on Market

Highlights

  • Primary Bedroom Suite
  • No HOA
  • Views
  • Temple (Roger W.) Intermediate School Rated A-
  • 2 Car Attached Garage
  • Laundry Room

About This Home

As of April 2020

Very High CAP RATE!!!!!Beautiful Two Story Single Family Home Situated On a Nice & Quiet Street In Rosemead ,This Home Features 7 bedrooms and 3 baths. 4 bedrooms with 2 bathrooms upstairs, One of them is master-suite with walk-in closet and 3 bedrooms 1 bath downstairs.Wide double door entry, foyer with marble flooring. Bright Living room and Dinning room with high ceilings, chandelier and newer laminate flooring. Functioning kitchen with granite counter tops. This home is near the Schools,Bank,Supermarkets, And 10 & 60/Freeways. This beautiful home you must see!

Last Agent to Sell the Property

Jason Wei

RE/MAX PREMIER/ARCADIA License #01968787 Listed on: 01/06/2020

RE/MAX PREMIER/ARCADIA

Last Buyer's Agent

Xujing Zheng

Re/Max Premier Prop Arcadia License #01977285

Re/Max Premier Prop Arcadia

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1992

Lot Details

  • 5,777 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned RMR2*

Parking

  • 2 Car Attached Garage

Interior Spaces

  • 3,605 Sq Ft Home
  • Family Room
  • Living Room with Fireplace
  • Property Views

Bedrooms and Bathrooms

  • 7 Bedrooms | 3 Main Level Bedrooms
  • Primary Bedroom Suite
  • 3 Full Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Utilities

  • Central Heating and Cooling System

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 9
  • Tax Tract Number 6806
  • Assessor Parcel Number 5284015041

Home Details

Home Type

Single Family

Year Built

Built in 1992

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • View: Yes
  • Zoning: RMR2*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5284015041
  • Year Built: 1992
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3605.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 3
  • Total Bedrooms: 7
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 257.98
  • Room Type: Family Room, Living Room, Master Suite

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 5777.00
  • Lot Size Acres: 0.1326

Multi Family

  • Lease Considered: No
  • Lot Size Area: 5777.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4825.03
  • Tax Lot: 9
  • Tax Tract Number: 6806

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 6, 2020
Closed on
Mar 23, 2020
Sold by
Chen Eva H
Bought by
He Hui and He Wu
Seller's Agent
Jason Wei
RE/MAX PREMIER/ARCADIA
Buyer's Agent
Xujing Zheng
Re/Max Premier Prop Arcadia
List Price
$960,000
Sold Price
$930,000
Premium/Discount to List
-$30,000
-3.12%
Current Estimated Value
$1,440,764

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$510,764
Avg. Annual Appreciation
7.83%
Original Mortgage
$575,350
Outstanding Balance
$508,583
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$932,181

Purchase Details

Closed on
Jan 27, 2020
Sold by
Chen Jonathan Hai Lin
Bought by
Chen Eva H

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$575,350
Outstanding Balance
$508,583
Interest Rate
3.4%
Mortgage Type
New Conventional
Estimated Equity
$932,181

Purchase Details

Closed on
Oct 16, 2003
Sold by
Chen Jonathan Hai Lin and Chen Pamela
Bought by
Chen Jonathan Hai Lin

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$322,000
Interest Rate
5.37%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
May 23, 2002
Sold by
Chan Man Din and Chan Wai Fun
Bought by
Chen Jonathan Hai Lin and Chen Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,700
Interest Rate
6.74%
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
He Hui $930,000 Stewart Title
Chen Eva H -- Stewart Title Of Ca Inc
Chen Jonathan Hai Lin -- Investors Title
Chen Jonathan Hai Lin $413,000 Southland Title Corporation
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open He Hui $575,350
Previous Owner Chen Jonathan Hai Lin $322,000
Previous Owner Chen Jonathan Hai Lin $300,700
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/09/2020 04/09/20 Sold $930,000 -3.1% $258 / Sq Ft
03/26/2020 03/26/20 Price Changed $960,000 0.0% $266 / Sq Ft
01/16/2020 01/16/20 Pending -- -- --
01/06/2020 01/06/20 For Sale $960,000 -- $266 / 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 $12,705 $1,017,085 $579,629 $437,456
2024 $12,705 $997,143 $568,264 $428,879
2023 $12,233 $977,592 $557,122 $420,470
2022 $11,648 $958,425 $546,199 $412,226
2021 $7,644 $600,012 $210,012 $390,000
2020 $7,570 $593,861 $207,859 $386,002
2019 $7,358 $582,218 $203,784 $378,434
2018 $7,292 $570,803 $199,789 $371,014
2016 $6,670 $548,640 $192,032 $356,608
2015 $6,566 $540,400 $189,148 $351,252
2014 $6,481 $529,815 $185,443 $344,372
Source: Public Records

Agents Affiliated with this Home

  • Jason Wei

    Seller's Agent in 2020

    Jason Wei

    RE/MAX

    (626) 229-2200

    7 in this area

    198 Total Sales

    Jason Wei
    Section Image

  • X

    Buyer's Agent in 2020

    Xujing Zheng

    RE/MAX

    (626) 328-0836

    1 in this area

    39 Total Sales

    Xujing Zheng
    Section Image

  • X

    Buyer's Agent in 2020

    Xu Zheng

    Coldwell Banker George Realty

See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS20002154

California Regional Multiple Listing Service (CRMLS)

APN: 5284-015-041

California Los Angeles County Rosemead 91770

8053 Newmark Ave, Rosemead, CA

Not Listed for Sale

Detached

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