NOT LISTED FOR SALE

Estimated Value: $1,140,000 - $1,510,364

3 Beds
3 Baths
2,195 Sq Ft
$585/Sq Ft Est. Value

Last Sold October 10, 2014

Last sale price $500,000 $228 Per Sq Ft

Est. 157% increase in value since last sale

Current estimated payment $7,624/month

5 Days on Market

Highlights

  • No HOA
  • Forced Air Heating and Cooling System
  • 1-Story Property
  • Neighborhood Views
  • Front Yard
  • 3-minute walk to Glendale Heritage Garden

About This Home

As of October 2014

Short Sale Duplex listing is located in the Citrus Grove neighborhood of Glendale, CA. Built in 1922, older home that needs some TLC. Subject to short sale approval. Located near park, shops, and restraunts.

Last Agent to Sell the Property

Lisa Dugum

Crown Road, Inc. License #01465078 Listed on: 02/06/2014

Last Buyer's Agent

Roksun Ghoraishy

Agents of LA Inc. License #01419587

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1922

Lot Details

  • 6,790 Sq Ft Lot
  • No Common Walls
  • Front Yard

Parking

  • 2 Car Garage

Home Design

  • Entry on the 1st floor
  • Fixer Upper
  • Shingle Roof

Interior Spaces

  • 2,195 Sq Ft Home
  • 1-Story Property
  • Living Room with Fireplace
  • Laminate Flooring
  • Neighborhood Views

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Utilities

  • Forced Air Heating and Cooling System

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas, HVAC maintenance, water
  • Tax Lot 1
  • Tax Tract Number 4289
  • Assessor Parcel Number 5674014001

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Gardener Expense $660
  • Insurance Expense $1,250
  • New Taxes Expense $8,918
  • Gross Income $1,800
  • Net Operating Income $18,000

Property Details

Home Type

Multi-Family

Year Built

Built in 1922

Lot Details

0

Parking

2

Listing Details

  • Assessments: Yes
  • Property Attached: No
  • View: Yes
  • Property Condition: Fixer
  • Property Type: Residential Income
  • Gardener Expense: 660.00
  • Parcel Number: 5674014001
  • Year Built: 1922
  • Special Features: 12
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: No Common Walls
  • Flooring: Laminate
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 227.79
  • Room Type: All Bedrooms Down

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Roof: Shingle
  • Spa: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Sewer Available
  • Heating: Yes
  • Heating Type: Forced Air
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

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

Lot Info

  • Lot Features: Front Yard
  • Lot Size Sq Ft: 6790.00
  • Lot Size Acres: 0.1560

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas, HVAC Maintenance, Water

Multi Family

  • Average1 Bed Area: 900
  • Average2 Bed Area: 1295
  • Gross Income: 1800.00
  • Gross Scheduled Income: 21600.00
  • Insurance Expense: 1250.00
  • Lot Size Area: 6790.0000 Square Feet
  • Net Operating Income: 18000.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Number With Dishwasher: 2
  • Number With Drapes: 1
  • Number With Range: 2
  • Number With Refrigerator: 2
  • Operating Expense: 3600.00
  • Rent Control: No
  • Total Actual Rent: 1800.00

Tax Info

  • New Taxes Expense: 8918.00
  • Tax Lot: 1
  • Tax Tract Number: 4289
  • Tax Year: 2012

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 14, 2024
Sold by
Harvadam
Bought by
Gabrielyan Hakob
Current Estimated Value
$1,284,091

Purchase Details

Closed on
Feb 6, 2024
Sold by
Gabrielyan Hakob
Bought by
Harvadam

Purchase Details

Closed on
Feb 22, 2018
Sold by
Gabrielyan Hakob
Bought by
Invincible Resources Inc

Purchase Details

Closed on
Jun 6, 2017
Sold by
Elizarov Artur
Bought by
Gabrielyan Hakob B

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$560,000
Interest Rate
3.95%
Mortgage Type
Construction

Purchase Details

Listed on
Feb 6, 2014
Closed on
Sep 23, 2014
Sold by
Adzhemyan Vartan
Bought by
Elizarov Artur
Seller's Agent
Lisa Dugum
Crown Road, Inc.
Buyer's Agent
Roksun Ghoraishy
Agents of LA Inc.
List Price
$585,000
Sold Price
$500,000
Premium/Discount to List
-$85,000
-14.53%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
8.78%
Original Mortgage
$487,600
Interest Rate
4.08%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 14, 2005
Sold by
Megerdichian Astine and Reitter Arda
Bought by
Adzhemyan Vartan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$600,000
Interest Rate
1.75%
Mortgage Type
Negative Amortization

Purchase Details

Closed on
Jan 13, 2005
Sold by
Megerdichian Astine and Reitter Arda
Bought by
Megerdichian Astine and Reitter Arda

Purchase Details

Closed on
Oct 1, 2004
Sold by
Reitter Klaus
Bought by
Reitter Arda

Purchase Details

Closed on
Jul 9, 1996
Sold by
Bedrossian Karekin and Bedrossian Angel
Bought by
Bedrossian Karekin and Bedrossian Angel
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Gabrielyan Hakob -- None Listed On Document
Harvadam -- None Listed On Document
Invincible Resources Inc -- None Available
Gabrielyan Hakob B $862,000 Chicago Title Company
Elizarov Artur $500,000 Priority Title
Adzhemyan Vartan $750,000 Financial Title
Megerdichian Astine -- --
Reitter Arda -- --
Megerdichian Astine -- --
Bedrossian Karekin -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Gabrielyan Hakob B $560,000
Previous Owner Elizarov Artur $487,600
Previous Owner Adzhemyan Vartan $600,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2014 10/10/14 Sold $500,000 -14.5% $228 / Sq Ft
02/11/2014 02/11/14 Pending -- -- --
02/06/2014 02/06/14 For Sale $585,000 -- $267 / 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 $10,763 $1,126,000 $716,000 $410,000
2024 $10,763 $961,573 $673,102 $288,471
2023 $12,702 $1,144,440 $624,240 $520,200
2022 $10,337 $924,235 $646,965 $277,270
2021 $10,158 $906,114 $634,280 $271,834
2020 $10,063 $896,824 $627,777 $269,047
2019 $9,821 $879,240 $615,468 $263,772
2018 $5,813 $517,569 $364,411 $153,158
2017 $5,723 $507,421 $357,266 $150,155
2016 $5,534 $497,472 $350,261 $147,211
2015 $5,422 $490,000 $345,000 $145,000
2014 $9,245 $836,088 $668,873 $167,215
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR14030048

California Regional Multiple Listing Service (CRMLS)

APN: 5674-014-001