NOT LISTED FOR SALE

8423 Norwood Place Rosemead, CA 91770

Estimated Value: $877,000 - $1,173,000

3 Beds
2 Baths
1,436 Sq Ft
$718/Sq Ft Est. Value

Last Sold September 26, 2017

Last sale price $752,000 $524 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $6,439/month

10 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • Mildred B. Janson Elementary School Rated A-

About This Home

As of September 2017

South Facing duplex located in the City of Rosemead. This property sits just South of Valley, North of of the 10 fwy in between San Gabriel and Walnut Grove Ave. Front house #8423 consists of 1036 sq ft with a 2 bed 1 bath and a den. Interior has laminated wood floor, double pane windows, recently remodeled kitchen with granite counter top. Back house unit #8425 was recently added with a 1 bed 1 bath, 400+ sq ft with permit and a 345 sq ft attached 1 car garage / workshop. The detached oversize 572 sq ft 2 car garage sits in the end of long driveway with all cement paved. Lot Frontage is 50 x 168.83'. Central located to restaurants, supermarkets, Rosemead Adult school, Rosemead Library.

Last Agent to Sell the Property

Kiet Do

KO TAI REALTY License #01917495 Listed on: 08/15/2017

KO TAI REALTY

Co-Listed By

Tony Totrakam

KO TAI REALTY License #00708660

Last Buyer's Agent

PHUNG NGO

Century 21 Dynasty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,835

Year Built

  • Built in 1925

Lot Details

  • 8,362 Sq Ft Lot
  • No Common Walls
  • Density is 2-5 Units/Acre

Parking

  • 3 Car Garage

Interior Spaces

  • 1,436 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Exterior Lighting
  • Suburban Location

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 7062
  • Assessor Parcel Number 5371008021

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • Gross Income $37,200

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,835

Year Built

Built in 1925

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Road Frontage Type: City Street
  • Zoning: RMR1YY
  • Property Type: Residential Income
  • Parcel Number: 5371008021
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 523.68

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

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

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 8362.00

Multi Family

  • Gross Income: 37200.00
  • Gross Scheduled Income: 37200.00
  • Number Of Units Total: 2
  • Rent Control: No

Tax Info

  • Tax Census Tract: 4813.00
  • Tax Lot: 5
  • Tax Tract Number: 7062

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Feb 10, 2021
Sold by
Huynh Minh Thi and Hinh Franklin
Bought by
Huynh Minh Thi and Hinh Franklin
Current Estimated Value
$1,031,288

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
3.1%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jan 25, 2019
Sold by
Wong Quen Due
Bought by
Huynh Minh Thi and Hinh Franklin

Purchase Details

Listed on
Aug 15, 2017
Closed on
Sep 20, 2017
Sold by
Wang Qinghong
Bought by
Huynh Minh Thi and Wong Quen Duc
Seller's Agent
Kiet Do
KO TAI REALTY
Buyer's Agent
PHUNG NGO
Century 21 Dynasty
List Price
$690,000
Sold Price
$752,000
Premium/Discount to List
$62,000
8.99%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.12%
Original Mortgage
$320,000
Interest Rate
3.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 24, 2014
Closed on
Jan 8, 2015
Sold by
Hui Keung
Bought by
Wang Qinghong
Seller's Agent
Peter So
Pinnacle Real Estate Group
Buyer's Agent
Peter So
Pinnacle Real Estate Group
List Price
$659,000
Sold Price
$648,000
Premium/Discount to List
-$11,000
-1.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.76%

Purchase Details

Listed on
Sep 24, 2014
Closed on
Dec 30, 2014
Sold by
Xu Zhiwen
Bought by
Wang Qinghong
Seller's Agent
Peter So
Pinnacle Real Estate Group
Buyer's Agent
Peter So
Pinnacle Real Estate Group
List Price
$659,000
Sold Price
$648,000
Premium/Discount to List
-$11,000
-1.67%

Purchase Details

Closed on
Sep 16, 2007
Sold by
Hui Keung and Lee May Shing
Bought by
Hui Keung

Purchase Details

Closed on
Aug 29, 2003
Sold by
To Luc Hue and Luong Nga
Bought by
Hui Keung

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$253,000
Interest Rate
4.87%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jun 16, 2003
Sold by
Llamas Maria Ofelia
Bought by
To Lue Hue

Purchase Details

Closed on
Oct 10, 2002
Sold by
Llamas Hector
Bought by
Llamas Maria Ofelia

Purchase Details

Closed on
Jan 6, 1994
Sold by
Llamas Hector L and Llamas Maria Ofelia
Bought by
Llamas Hector L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$144,000
Interest Rate
4.62%
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
Huynh Minh Thi -- Chicago Title
Huynh Minh Thi -- Accommodation
Huynh Minh Thi $752,000 Chicago Title Company
Wang Qinghong $648,000 First American Title Company
Wang Qinghong -- First American Title Company
Hui Keung -- None Available
Hui Keung $343,000 New Century Title Company
To Lue Hue $302,000 Investors Title Company
Llamas Maria Ofelia -- Investors Title
Llamas Hector L -- Gateway Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Huynh Minh Thi $440,000
Closed Huynh Minh Thi $250,000
Previous Owner Huynh Minh Thi $320,000
Previous Owner Lee May Shing $280,500
Previous Owner Hui Keung $300,000
Previous Owner Hui Keung $80,000
Previous Owner Hui Keung $253,000
Previous Owner Llamas Hector L $144,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/26/2017 09/26/17 Sold $752,000 0.0% $524 / Sq Ft
08/28/2017 08/28/17 Off Market $752,000 -- --
08/25/2017 08/25/17 Pending -- -- --
08/15/2017 08/15/17 For Sale $690,000 +6.5% $481 / Sq Ft
01/28/2015 01/28/15 Sold $648,000 -1.7% $460 / Sq Ft
12/29/2014 12/29/14 Pending -- -- --
09/24/2014 09/24/14 For Sale $659,000 -- $468 / 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 $9,835 $802,248 $565,114 $237,134
2024 $9,835 $786,519 $554,034 $232,485
2023 $9,884 $771,098 $543,171 $227,927
2022 $9,508 $755,979 $532,521 $223,458
2021 $9,413 $741,157 $522,080 $219,077
2020 $9,215 $733,558 $516,727 $216,831
2019 $9,755 $767,040 $563,040 $204,000
2018 $9,286 $752,000 $552,000 $200,000
2016 $8,161 $657,881 $459,908 $197,973
2015 $5,261 $405,762 $299,296 $106,466
2014 $5,147 $397,815 $293,434 $104,381
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: WS17189175

California Regional Multiple Listing Service (CRMLS)

APN: 5371-008-021