NOT LISTED FOR SALE

107 E Chestnut St Glendale, CA 91205

Mariposa Neighborhood

Estimated Value: $1,294,000 - $1,730,058

6 Beds
4 Baths
2,810 Sq Ft
$555/Sq Ft Est. Value

Sale Details

Date Sold: December 2, 2016

Last sale price $1,100,000 $391 Per Sq Ft

Est. 42% increase in value since last sale

Current estimated payment $9,465 / mo

14 Days on Market

Highlights

  • Property is near public transit
  • Private Yard
  • 5-minute walk to Glendale Central Park
  • Horace Mann Elementary School Rated A-
  • No HOA

About This Home

As of December 2016

Back on the Market .....LOCATION!.. LOCATION! ..LOCATION! Excellent Opportunity!! 4 Units in the heart of Glendale, 3 SMALL BLOCKS from "The Americana" , 4 BLOCK from "Glendale Galleria" this lot is 8,742 SqFt. and 2,810 SqFt. of construction (per public records) Good opportunity for Investors, it could be a possible development, Propety does need same TLC, COMMERCIAL ZONING: GLC3 (per public records) Provide easy access to shops, restaurants, entertainment, ETC.

Last Agent to Sell the Property

Romeo Cruz

Brightstone Estate Properties License #01051110 Listed on: 08/31/2016

Last Buyer's Agent

Walfre Alvizures

Brightstone Estate Properties License #01507344

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 8,742 Sq Ft Lot
  • No Common Walls
  • Private Yard
  • Density is up to 1 Unit/Acre

Home Design

  • 2,810 Sq Ft Home

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Location

  • Property is near public transit

Listing and Financial Details

  • Tax Lot 119
  • Tax Tract Number 3022
  • Assessor Parcel Number 5641006024

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 10 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $75
  • Insurance Expense $2,000
  • Trash Expense $1,400
  • Water Sewer Expense $450
  • New Taxes Expense $4,111
  • Gross Income $4,020
  • Net Operating Income $39,954

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

8,742 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 450.00
  • Zoning: No Zoning Found!
  • Property Type: Residential Income
  • Parcel Number: 5641006024
  • Year Built: 1922
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Price Per Square Foot: 391.46

Exterior Features

  • Pool Private: No

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 1400.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre, Near Public Transit, Yard
  • Lot Size Sq Ft: 8742.00
  • Price Per Lot Square Foot: 148.14

Multi Family

  • Electric Expense: 75.00
  • Gross Income: 4020.00
  • Gross Scheduled Income: 48240.00
  • Insurance Expense: 2000.00
  • Net Operating Income: 39954.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 10
  • Operating Expense: 8286.00
  • Rent Control: Yes
  • Total Actual Rent: 4020.00

Tax Info

  • New Taxes Expense: 4111.00
  • Tax Lot: 119
  • Tax Tract Number: 3022

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 31, 2016
Closed on
Nov 23, 2016
Sold by
Bought by
Seller's Agent
Romeo Cruz
Brightstone Estate Properties
Buyer's Agent
Walfre Alvizures
Brightstone Estate Properties
List Price
$1,295,000
Sold Price
$1,100,000
Premium/Discount to List
-$195,000
-15.06%
Current Estimated Value
$1,559,515

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$459,515
Avg. Annual Appreciation
3.70%
Original Mortgage
$825,000
Interest Rate
0.0352%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 19, 2016
Sold by
Bought by

Purchase Details

Listed on
Jan 4, 2016
Closed on
Jan 12, 2016
Sold by
Bought by
Seller's Agent
Romeo Cruz
Brightstone Estate Properties
Buyer's Agent
Estuardo Victorio
No Firm Affiliation
List Price
$499,000
Sold Price
$550,000
Premium/Discount to List
$51,000
10.22%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.54%
Original Mortgage
$420,000
Interest Rate
0.0397%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
0.055%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Aug 23, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
0.055%
Mortgage Type
Negative Amortization
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
-- Usa National Title
$1,100,000 Usa National Title
$5,500 Usa National Title
-- Commonwealth Land Title Co
$300,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $825,000
Previous Owner $420,000
Previous Owner $552,500
Previous Owner $210,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/02/2016 12/02/16 Sold $1,100,000 -15.1% $391 / Sq Ft
09/14/2016 09/14/16 Pending -- -- --
08/31/2016 08/31/16 For Sale $1,295,000 +135.5% $461 / Sq Ft
02/19/2016 02/19/16 Sold $550,000 +10.2% $196 / Sq Ft View Prior Sale
01/04/2016 01/04/16 For Sale $499,000 -- $178 / Sq Ft
06/20/2015 06/20/15 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $14,258 $1,276,640 $765,985 $510,655
2024 $13,899 $1,251,609 $750,966 $500,643
2023 $13,584 $1,227,069 $736,242 $490,827
2022 $13,348 $1,203,009 $721,806 $481,203
2021 $13,115 $1,179,421 $707,653 $471,768
2020 $12,927 $1,167,328 $700,397 $466,931
2019 $12,612 $1,144,440 $686,664 $457,776
2018 $12,391 $1,122,000 $673,200 $448,800
2016 $4,202 $367,029 $318,097 $48,932
2015 $4,120 $361,516 $313,319 $48,197
2014 $4,111 $354,435 $307,182 $47,253
Source: Public Records

Agents Affiliated with this Home

  • Romeo Cruz

    Seller's Agent in 2016

    Romeo Cruz

    Brightstone Estate Properties

    (818) 430-4210

    50 Total Sales

    Romeo Cruz
    Section Image

  • E

    Buyer's Agent in 2016

    Estuardo Victorio

    No Firm Affiliation

  • Walfre Alvizures

    Buyer's Agent in 2016

    Walfre Alvizures

    Brightstone Estate Properties

    (818) 335-2355

    10 Total Sales

    Walfre Alvizures
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16089738

California Regional Multiple Listing Service (CRMLS)

APN: 5641-006-024

California Los Angeles County Glendale 91205 Mariposa

107 E Chestnut St, Glendale, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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