NOT LISTED FOR SALE

8426 Drayer Ln Rosemead, CA 91770

Estimated Value: $847,099 - $1,044,000

2 Beds
2 Baths
1,220 Sq Ft
$742/Sq Ft Est. Value

Last Sold September 30, 2019

Last sale price $631,000 $517 Per Sq Ft

Est. 43% increase in value since last sale

Current estimated payment $5,628/month

15 Days on Market

Highlights

  • No HOA
  • Cooling Available
  • Laundry Room

About This Home

As of September 2019

BEST FIND IN ROSEMEAD! GORGEOUS HOUSE, THIS BEAUTIFUL HOME TURN KEY HOME. IT IS CONVENIENT LOCATED CLOSE TO FREWWAYS 60 AND 605. ROOF IS ONE YEAR OLD.COOLING-ELECTRICAL HVAC AIR CONDITIONER, SEPARATE LAUNDRY ROOM. ALL WINDOWS ARE NEW AND DOUBLE PANEL, WALKING CLOSET IN THE MASTER BEDROOM, ALL NEW ELECTRICAL. IT IS CLOSE TO MALL AND SCHOOLS. HOME INCLUDE ALARME SYSTEM.

THE BACK YARD HAS MANY TREES: AVOCADO, CHERIMOYA, GUAVA, GREEN SEEDLESS GRAPE VINES, MANGO, JAPANESE PERSIMON, NAVEL ORANGE AND TANGARINE.

Last Agent to Sell the Property

Mario Jarquin

Excellence RE Real Estate License #01139856 Listed on: 07/25/2019

Excellence RE Real Estate

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $8,366

Year Built

  • Built in 1949

Lot Details

  • 8,319 Sq Ft Lot
  • Sprinkler System
  • Property is zoned LCRA*

Parking

  • 2 Open Parking Spaces
  • 2 Car Garage

Home Design

  • 1,220 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Additional Features

  • Laundry Room
  • Suburban Location
  • Cooling Available

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 5279
  • Assessor Parcel Number 5279024087

Home Details

Home Type

Single Family

Est. Annual Taxes

$8,366

Year Built

Built in 1949

Lot Details

0

Parking

2

Listing Details

  • Structure Type: House
  • Assessments: Yes
  • Other Phone Description: 626-688-6205
  • Other Phone Number: 562-274-5165
  • Property Attached: No
  • View: No
  • Zoning: LCRA*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5279024087
  • Year Built: 1949
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1220.00 Square Feet
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 517.21
  • Room Type: All Bedrooms Down

Exterior Features

  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 2.00
  • Total Parking Spaces: 4.00
  • Uncovered Spaces: 2.00

Utilities

  • Sprinklers: Yes
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Electric
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Schools

  • School District: Montebello Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Sprinkler System
  • Lot Size Sq Ft: 8319.00
  • Lot Size Acres: 0.1910

Multi Family

  • Lease Considered: No
  • Lot Size Area: 8319.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 4824.02
  • Tax Lot: 2
  • Tax Tract Number: 5279

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 30, 2024
Sold by
Lu Mingfang and Zhai Wanmei
Bought by
Lu & Zhais Family Trust and Lu
Current Estimated Value
$905,025

Purchase Details

Closed on
Feb 13, 2021
Sold by
Xiang Zhenbao
Bought by
Lu Mingfang and Zhai Wanmei

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,000
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 25, 2019
Closed on
Sep 9, 2019
Sold by
Lu Qiying
Bought by
Xiang Zhenbao
Seller's Agent
Mario Jarquin
Excellence RE Real Estate
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$600,000
Sold Price
$631,000
Premium/Discount to List
$31,000
5.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.86%
Original Mortgage
$473,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jul 25, 2019
Closed on
Aug 21, 2019
Sold by
Paik Mitchell J and Paik Ana M
Bought by
Lu Mingfang and Zhai Wanmei
Seller's Agent
Mario Jarquin
Excellence RE Real Estate
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$600,000
Sold Price
$631,000
Premium/Discount to List
$31,000
5.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$473,000
Interest Rate
3.6%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 5, 2005
Sold by
Paik Mitchell and Paik Ana
Bought by
Paik Mitchell J

Purchase Details

Closed on
Nov 12, 2002
Sold by
Nishiyama Rioichi Rio and Nishiyama Tomie
Bought by
Paik Mitchell

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$130,000
Interest Rate
5.95%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Feb 28, 2002
Sold by
Nishiyama Tomie and Nishiyama Trust
Bought by
Nishiyam Tomie and Nishiyama Trust
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
Lu & Zhais Family Trust -- None Listed On Document
Lu Mingfang -- Servicelink
Xiang Zhenbao -- Wfg National Title Ins Co
Lu Mingfang $631,000 Arista National Title
Paik Mitchell J -- --
Paik Mitchell $150,000 North American Title Co
Nishiyam Tomie -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Lu Mingfang $468,000
Previous Owner Xiang Zhenbao $473,000
Previous Owner Paik Mitchell J $304,000
Previous Owner Paik Mitchell J $317,250
Previous Owner Paik Mitchell J $324,000
Previous Owner Paik Mitchell $100,000
Previous Owner Paik Mitchell $70,000
Previous Owner Paik Mitchell $130,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/30/2019 09/30/19 Sold $631,000 +5.2% $517 / Sq Ft
08/09/2019 08/09/19 Pending -- -- --
07/25/2019 07/25/19 For Sale $600,000 -- $492 / 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 $8,366 $696,032 $557,117 $138,915
2024 $8,366 $682,386 $546,194 $136,192
2023 $8,378 $669,007 $535,485 $133,522
2022 $8,082 $655,890 $524,986 $130,904
2021 $7,737 $637,536 $510,029 $127,507
2020 $7,680 $631,000 $504,800 $126,200
2019 $3,761 $292,113 $240,187 $51,926
2018 $3,780 $286,386 $235,478 $50,908
2016 $3,613 $275,267 $226,335 $48,932
2015 $3,399 $271,133 $222,936 $48,197
2014 $3,359 $265,822 $218,569 $47,253
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: RS19178241

California Regional Multiple Listing Service (CRMLS)

APN: 5279-024-087