NOT LISTED FOR SALE

1021 Allen Ave Glendale, CA 91201

Grandview Neighborhood

Estimated Value: $1,288,000 - $1,739,000

5 Beds
4 Baths
2,681 Sq Ft
$569/Sq Ft Est. Value

Last Sold April 30, 2012

Last sale price $560,000 $209 Per Sq Ft

Est. 172% increase in value since last sale

Current estimated payment $8,629/month

199 Days on Market

About This Home

As of April 2012

Four-unit property located in prime Glendale area between Glenoaks and San Fernando. 2br 1BA Front House with two car garage, and three separate, 1br, 1ba units in the back with 1 car garage each in the back.

Last Agent to Sell the Property

Arbi Sarkissian

Real Brokerage Technologies, I License #01714624 Listed on: 09/27/2011

Last Buyer's Agent

Jacqueline Vartanian

Genesis Realty, Inc. License #01019079

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1925

Lot Details

  • 7,836 Sq Ft Lot

Parking

  • 4 Car Garage

Home Design

  • 2,681 Sq Ft Home
  • Property Attached

Listing and Financial Details

  • Assessor Parcel Number 5624008009

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters

Property Details

Home Type

Multi-Family

Year Built

Built in 1925

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Property Type: Residential Income
  • Parcel Number: 5624008009
  • Year Built: 1925
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Price Per Square Foot: 208.88

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 5.00

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 7836.00
  • Lot Size Acres: 0.1799

Multi Family

  • Lot Size Area: 7836.0000 Square Feet
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 4

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 27, 2011
Closed on
Apr 20, 2012
Sold by
Arakelian Aram H and Vartanian Nayiri
Bought by
Karayan Rafi
Seller's Agent
Arbi Sarkissian
Real Brokerage Technologies, I
Buyer's Agent
Jacqueline Vartanian
Genesis Realty, Inc.
Sold Price
$560,000
Current Estimated Value
$1,525,667

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$965,667
Avg. Annual Appreciation
7.60%
Original Mortgage
$420,000
Outstanding Balance
$304,559
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$1,221,108

Purchase Details

Listed on
Sep 27, 2011
Closed on
Mar 23, 2012
Sold by
Davtyan Vicky
Bought by
Karayan Rafi
Seller's Agent
Arbi Sarkissian
Real Brokerage Technologies, I
Buyer's Agent
Jacqueline Vartanian
Genesis Realty, Inc.
Sold Price
$560,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Outstanding Balance
$304,559
Interest Rate
5%
Mortgage Type
New Conventional
Estimated Equity
$1,221,108

Purchase Details

Closed on
Mar 1, 2006
Sold by
Yunker Donald Allen and Yunker Sylvia Joy
Bought by
Arakelian Aram H and Vartanian Nayiri

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$135,000
Interest Rate
6.25%
Mortgage Type
Stand Alone Second
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
Karayan Rafi $560,000 Fidelity National Title Co
Karayan Rafi -- Fidelity National Title Co
Arakelian Aram H $675,000 Trans Union Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Karayan Rafi $420,000
Previous Owner Arakelian Aram H $135,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2012 04/30/12 Sold $560,000 -- $209 / Sq Ft
04/13/2012 04/13/12 Pending -- -- --
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 $7,907 $703,379 $527,537 $175,842
2024 $7,907 $689,589 $517,194 $172,395
2023 $7,733 $676,068 $507,053 $169,015
2022 $7,599 $662,812 $497,111 $165,701
2021 $7,463 $649,816 $487,364 $162,452
2020 $7,357 $643,414 $482,367 $161,047
2019 $7,183 $630,804 $472,909 $157,895
2018 $6,982 $618,442 $463,637 $154,805
2016 $6,649 $594,180 $445,635 $148,545
2015 $6,516 $585,256 $438,942 $146,314
2014 $6,481 $573,792 $430,344 $143,448
Source: Public Records

Agents Affiliated with this Home

  • Arbi Sarkissian

    Seller's Agent in 2012

    Arbi Sarkissian

    Real Brokerage Technologies, I

    (818) 371-0236

    68 Total Sales

    Arbi Sarkissian
    Section Image
  • Jacqueline Vartanian

    Buyer's Agent in 2012

    Jacqueline Vartanian

    Genesis Realty, Inc.

    (818) 242-2404

    1 Total Sale

    Jacqueline Vartanian
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 12157109

California Regional Multiple Listing Service (CRMLS)

APN: 5624-008-009

California Los Angeles County Glendale 91201 Grandview

1021 Allen Ave, Glendale, CA

Not Listed for Sale

MultiFamily

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