NOT LISTED FOR SALE

1104 N Verdugo Rd Glendale, CA 91206

Woodbury Neighborhood

Estimated Value: $1,388,000 - $1,614,716

4 Beds
4 Baths
2,856 Sq Ft
$519/Sq Ft Est. Value

Last Sold February 03, 2015

Last sale price $825,000 $289 Per Sq Ft

Est. 80% increase in value since last sale

Current estimated payment $8,766/month

51 Days on Market

About This Home

As of February 2015

BOM - Previously sold with multiple bids! Run, don't walk! Awesome location! Walk to shopping! Walk to Glendale Community College! Great owners unit features huge living room with fireplace, hardwood floors, private patio, and 2-car garage! Two 1 bedroom units share half of a 2-car garage!

Last Agent to Sell the Property

Brad Korb

Brad Korb Real Estate Group License #00698730 Listed on: 11/20/2014

Last Buyer's Agent

Peter Chorebanian

No Firm Affiliation License #00357682

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 6,531 Sq Ft Lot
  • Property fronts an alley
  • Two or More Common Walls
  • Paved or Partially Paved Lot
  • Back and Front Yard

Parking

  • 4 Car Garage

Home Design

  • 2,856 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 14863
  • Assessor Parcel Number 5665002005

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,526
  • Gardener Expense $1,260
  • Insurance Expense $1,875
  • Maintenance Expense $917
  • New Taxes Expense $11,250
  • Gross Income $4,140
  • Net Operating Income $36,452

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Parking

4

Listing Details

  • CapRate: 4.05
  • Property Attached: Yes
  • Road Frontage Type: Alley
  • Property Type: Residential Income
  • Gardener Expense: 1260.00
  • Parcel Number: 5665002005
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 288.87

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks, Street Lights

Lot Info

  • Lot Features: Back Yard, Front Yard, Paved
  • Lot Size Sq Ft: 6531.00
  • Lot Size Acres: 0.1500

Multi Family

  • Electric Expense: 1526.00
  • Gross Income: 4140.00
  • Gross Multiplier: 16.89
  • Gross Scheduled Income: 53280.00
  • Insurance Expense: 1875.00
  • Lot Size Area: 6531.0000 Square Feet
  • Maintenance Expense: 917.00
  • Net Operating Income: 36452.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 16828.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 11250.00
  • Tax Lot: 7
  • Tax Tract Number: 14863

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 20, 2014
Closed on
Jan 5, 2015
Sold by
Charlton Stephen
Bought by
Kiaman George and Kiaman Jasmine
Seller's Agent
Brad Korb
Brad Korb Real Estate Group
Buyer's Agent
Peter Chorebanian
No Firm Affiliation
List Price
$899,998
Sold Price
$825,000
Premium/Discount to List
-$74,998
-8.33%
Current Estimated Value
$1,483,179

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$658,179
Avg. Annual Appreciation
5.55%
Original Mortgage
$612,500
Outstanding Balance
$467,585
Interest Rate
3.75%
Mortgage Type
New Conventional
Estimated Equity
$1,015,594

Purchase Details

Closed on
Mar 26, 2011
Sold by
Cannon Christopher and Cannon Denise
Bought by
Cannon Christopher and Cannon Denise

Purchase Details

Closed on
Mar 3, 2010
Sold by
Cannon Denise Charlton and Charlton Jennifer Lea
Bought by
Charlton Stephen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$238,000
Interest Rate
4.93%
Mortgage Type
New Conventional

Purchase Details

Closed on
Dec 15, 2009
Sold by
Cannon Denise Charlton and Vivian L Charlton Trust
Bought by
Cannon Denise Charlton

Purchase Details

Closed on
Sep 21, 2005
Sold by
Charlton Vivian L
Bought by
Charlton Vivian L and Vivian L Charlton Trust Of September 21
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
Kiaman George $875,000 Fidelity
Cannon Christopher -- None Available
Charlton Stephen $223,500 Fidelity Van Nuys
Cannon Denise Charlton -- Fidelity Natl Title Co Of Ca
Charlton Vivian L -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Kiaman George $612,500
Previous Owner Charlton Stephen $238,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/03/2015 02/03/15 Sold $825,000 -8.3% $289 / Sq Ft
12/17/2014 12/17/14 Pending -- -- --
10/27/2014 10/27/14 For Sale $899,998 -- $315 / 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 $11,573 $1,051,608 $841,290 $210,318
2024 $11,573 $1,030,990 $824,795 $206,195
2023 $11,312 $1,010,775 $808,623 $202,152
2022 $11,116 $990,957 $792,768 $198,189
2021 $10,921 $971,527 $777,224 $194,303
2019 $10,505 $942,713 $754,172 $188,541
2018 $10,285 $924,230 $739,385 $184,845
2016 $9,807 $888,343 $710,675 $177,668
2015 $5,392 $483,023 $257,314 $225,709
2014 $5,361 $473,562 $252,274 $221,288
Source: Public Records

Agents Affiliated with this Home

  • Brad Korb

    Seller's Agent in 2015

    Brad Korb

    Brad Korb Real Estate Group

    (818) 859-0310

    355 Total Sales

    Brad Korb
    Section Image

  • P

    Buyer's Agent in 2015

    Peter Chorebanian

    No Firm Affiliation

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB14230158

California Regional Multiple Listing Service (CRMLS)

APN: 5665-002-005

California Los Angeles County Glendale 91206 Woodbury

1104 N Verdugo Rd, Glendale, CA

Not Listed for Sale

MultiFamily

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