NOT LISTED FOR SALE

1116 E Palmer Ave Unit 14 Glendale, CA 91205

Adams Hill Neighborhood

Estimated Value: $524,000 - $789,000

1 Bed
1.5 Baths
780 Sq Ft
$169/mo HOA Fee

Last Sold September 29, 2018

Last sale price $461,000 $591 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $3,783/month

21 Days on Market

Highlights

  • Gated Parking
  • Wood Flooring
  • Controlled Access
  • 42,132 Sq Ft lot
  • Breakfast Area or Nook
  • 2-minute walk to Adams Square Mini Park

About This Home

As of September 2018

Don't let the size of this place fool you! This corner unit has huge vaulted ceilings with hardwood floors through out, a spacious bedroom, and a bathroom where you can enjoy a nice bath in that deep tub. Cozy up in the living room in front of the fireplace or go upstairs and work in your fancy office/loft. It doesn't stop there - not only do you have in-unit laundry and storage, but you also have 2 side-by-side parking spaces. That's right, 2 spaces! Located in the desirable Adams Hill of Glendale, you got Eagle Rock, Glassell Park, Atwater Village, and Los Feliz all up in your alley.

Last Agent to Sell the Property

Sarah Chung

Compass License #01963579 Listed on: 08/09/2018

Compass

Last Buyer's Agent

Hal Johnson III

License #01861820

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,576

Year Built

  • Built in 1987

Lot Details

  • 0.97

HOA Fees

  • $169 Monthly HOA Fees

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 780 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Area

Kitchen

  • Breakfast Area or Nook
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Laundry in unit
  • Washer

Home Security

Parking

  • Garage
  • Parking Storage or Cabinetry
  • Gated Parking
  • Controlled Entrance

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5676-019-055

Community Details

Overview

  • 54 Units
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Pet Policy

  • Pets Allowed

Security

  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,576

Year Built

Built in 1987

Lot Details

0

HOA Fees

$169 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Unknown
  • Street Number Display: Yes
  • Complex Name: Palmer Gardens
  • Entry Floor: 2
  • Living Area: 780
  • Planned Urban Dev: 0
  • Stories: 2
  • Unit Floor In Building: 2
  • Year Built: 1987
  • Number Of Photos: 31
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood, Tile
  • Bedrooms: 1
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community, In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Garbage Disposal, Gas Dryer Hookup, Microwave, Refrigerator, Washer
  • Fireplace: Yes
  • Price Per S Q F T: 575.64

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: No

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Built-In Storage, Community Garage, Controlled Entrance

Utilities

  • Cooling: Air Conditioning, Ceiling Fan, Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System

Association/Amenities

  • Amenities: Assoc Barbecue, Assoc Maintains Landscape, Assoc Pet Rules, Controlled Access, Gated Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 169.00
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5676-019-055
  • Geocode Override: No
  • Lot Size Area: 42132

Multi Family

  • Number Of Units: 54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 9, 2018
Closed on
Sep 17, 2018
Sold by
Nguyen Thien Trang
Bought by
Tran Josh
Seller's Agent
Sarah Chung
Compass
Buyer's Agent
Hal Johnson III
List Price
$449,000
Sold Price
$461,000
Premium/Discount to List
$12,000
2.67%
Current Estimated Value
$596,143

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$135,143
Avg. Annual Appreciation
3.38%
Original Mortgage
$437,950
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Listed on
Aug 9, 2018
Closed on
Sep 10, 2018
Sold by
Shin David Sangchul
Bought by
Tran Josh
Seller's Agent
Sarah Chung
Compass
Buyer's Agent
Hal Johnson III
List Price
$449,000
Sold Price
$461,000
Premium/Discount to List
$12,000
2.67%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,950
Interest Rate
4.5%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 30, 2017
Sold by
Kim Michael C
Bought by
Shin David Sangchul

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$360,000
Interest Rate
3.92%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 20, 2007
Sold by
Palmer Gardens Llc
Bought by
Kim Michael C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$280,000
Interest Rate
6.74%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

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Average Value
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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
Tran Josh -- Old Republic Title Company
Tran Josh $461,000 Old Republic Title Company
Shin David Sangchul $410,000 Lawyers Title
Kim Michael C $350,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Tran Josh $415,000
Closed Tran Josh $437,950
Previous Owner Shin David Sangchul $360,000
Previous Owner Kim Michael C $255,000
Previous Owner Kim Jasmine M $266,300
Previous Owner Kim Michael C $280,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/29/2018 09/29/18 Sold $461,000 +2.7% $591 / Sq Ft
08/30/2018 08/30/18 Pending -- -- --
08/09/2018 08/09/18 For Sale $449,000 -- $576 / Sq Ft
Source: The MLS

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 $5,576 $514,248 $359,640 $154,608
2024 $5,576 $504,166 $352,589 $151,577
2023 $5,449 $494,281 $345,676 $148,605
2022 $5,352 $484,591 $338,899 $145,692
2021 $5,261 $475,090 $332,254 $142,836
2019 $5,057 $461,000 $322,400 $138,600
2018 $4,536 $410,000 $268,700 $141,300
2017 $4,080 $367,000 $248,000 $119,000
2016 $4,033 $367,000 $248,000 $119,000
2015 $3,655 $334,000 $226,000 $108,000
2014 $3,317 $299,000 $202,400 $96,600
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-373242

The MLS

APN: 5676-019-055