NOT LISTED FOR SALE

1116 E Palmer Ave Unit 18 Glendale, CA 91205

Adams Hill Neighborhood

Estimated Value: $528,207

1 Bed
1.5 Baths
780 Sq Ft
0.97 Acres

Last Sold June 23, 2015

Last sale price $361,000 $463 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $3,237/month

Highlights

  • 0.97 Acre Lot
  • Wood Flooring
  • Controlled Access
  • Living Room with Fireplace
  • Loft
  • 2-minute walk to Adams Square Mini Park

About This Home

As of November 2024

Welcome to the coveted Adams Hill, a hidden gem in Glendale. Boasting with natural light and vaulted ceilings, immerse yourself in this unique unit. The main floor highlights the expandable living room with fireplace featuring hardwood flooring, sizable dining area, galley kitchen with marble counter tops and bedroom with frosted glass closet. The second level features an airy loft; ideal home office/guest room and an in-unit washer and dryer. Gated two car subterranean assigned parking with storage. Community offers patio sitting, BBQ grill and onsite laundry facilities that operate with debit/credit cards- no coins needed! This quaint neighborhood offers a mini-park on the corner, a great neighborhood coffee shop, and market, minutes away. It is also centrally located close to Americana Mall, Burbank, Pasadena and to 134, 2 and 5 freeways.

Last Agent to Rent the Property

Sarah Chung

Compass License #01963579 Listed on: 11/06/2024

Compass

Last Renter's Agent

Sarah Chung

Compass License #01963579 Listed on: 11/06/2024

Compass

Condo Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,575

Year Built

  • Built in 1987

Lot Details

  • 0.97

Parking

  • 2 Car Garage
  • Automatic Gate
  • Controlled Entrance

Interior Spaces

  • 780 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Decorative Fireplace
  • Gas Fireplace
  • Living Room with Fireplace
  • Loft

Kitchen

  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Laundry on upper level
  • Dryer
  • Washer

Home Security

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $5,700
  • $200 Move-In Fee
  • Tenant pays for electricity, move in fee, move out fee, gas, insurance
  • Rent includes water, trash collection, association dues
  • 12 Month Lease Term
  • Assessor Parcel Number 5676-019-059

Community Details

Overview

  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Community Storage Space

Security

  • Controlled Access
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Condo Details

Home Type

Condominium

Est. Annual Taxes

$4,575

Year Built

Built in 1987

Lot Details

0

Parking

2

Rental Info

  • Credit Report Paid By: Tenant
  • Credit Report Required: Yes
  • Rent Excludes: Electricity, gas, internet, cable
  • Rent Includes: Water, Trash Collection, Association Dues
  • Security Deposit: 5700
  • Tenant Pays: Electricity, Move In Fee, Move Out Fee, Gas, Insurance
  • Total Move In Costs: 200.00

Listing Details

  • Property Type: Residential Lease
  • Single Family Or Apt: Condo/Apt
  • Levels: Two
  • Street Number Display: Yes
  • Lease Terms: 1+Year
  • Living Area: 780
  • Lot Acreage: 0.9672
  • Year Built: 1987
  • Number Of Photos: 28
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: Condos
  • Stories: 0

Interior Features

  • Fireplace Rooms: Decorative, Living Room, Gas
  • Flooring: Hardwood, Tile
  • Bedrooms: 1
  • Full Bathroom: 1
  • Half Bathroom: 1
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Closet, In Unit, On Upper Level
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Dryer, Microwave, Refrigerator, Washer, Garbage Disposal, Range/Oven
  • Price Per S Q F T: 3.65

Exterior Features

  • Pool: No
  • View: No

Garage/Parking

  • Garage Spaces: 2
  • Covered Parking: 2
  • Parking Garage: Assigned, Community Garage, Controlled Entrance
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Smoke Detector, Automatic Gate

Association/Amenities

  • Amenities: Assoc Pet Rules, Assoc Barbecue, Assoc Maintains Landscape, Extra Storage, Controlled Access

Lot Info

  • Assessor Parcel Number: 5676-019-059
  • Lot Size Area: 42132

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 10, 2019
Sold by
Sung Andrew and Chung Sarah
Bought by
Chung Sarah Grace and Sung Andrew
Current Estimated Value
$528,207

Purchase Details

Closed on
Oct 28, 2016
Sold by
Sung Andrew
Bought by
Sung Andrew and Chung Sarah

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$255,366
Outstanding Balance
$164,956
Interest Rate
3.48%
Mortgage Type
New Conventional
Estimated Equity
$363,251

Purchase Details

Listed on
Jun 23, 2015
Closed on
Jun 23, 2015
Sold by
Elm Gardens Llc
Bought by
Sung Andrew
Seller's Agent
Jerry Hoffman
RLG Properties, Inc.
Buyer's Agent
Sarah Chung
Compass
List Price
$361,000
Sold Price
$361,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.79%
Original Mortgage
$261,000
Interest Rate
3.75%
Mortgage Type
Adjustable Rate Mortgage/ARM

Purchase Details

Closed on
Apr 24, 2012
Sold by
Palmer Gardens Llc
Bought by
Elm Gardens Llc

Purchase Details

Closed on
Jan 29, 2009
Sold by
1116 & 1118 E Palmer Avenue Llc
Bought by
Palmer Gardens Llc

Purchase Details

Closed on
Jul 17, 2008
Sold by
Palmer Gardens Llc
Bought by
1116 & 1118 E Palmer Avenue Llc
Source: Public Records

Range of Values:

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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
Chung Sarah Grace -- None Available
Sung Andrew -- Entitle Insurance Company
Sung Andrew -- Entitle Insurance Company
Sung Andrew $361,000 Fntg Builder Services
Elm Gardens Llc -- None Available
Palmer Gardens Llc -- Stewart Title
1116 & 1118 E Palmer Avenue Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Sung Andrew $255,366
Closed Sung Andrew $261,000
Previous Owner Palmer Gardens Llc $850,000
Previous Owner Palmer Gardens Llc $5,760,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/06/2024 11/06/24 For Rent $2,850 0.0% --
11/01/2024 11/01/24 Rented $2,850 0.0% --
10/19/2024 10/19/24 Off Market $2,850 -- --
09/24/2024 09/24/24 For Rent $2,850 +9.6% --
08/19/2022 08/19/22 Rented $2,600 0.0% --
08/15/2022 08/15/22 For Rent $2,600 0.0% --
06/23/2015 06/23/15 Sold $361,000 0.0% $463 / Sq Ft
06/23/2015 06/23/15 Pending -- -- --
06/23/2015 06/23/15 For Sale $361,000 -- $463 / 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 $4,575 $427,343 $261,615 $165,728
2024 $4,575 $418,965 $256,486 $162,479
2023 $4,470 $410,751 $251,457 $159,294
2022 $4,388 $402,698 $246,527 $156,171
2021 $4,311 $394,803 $241,694 $153,109
2019 $4,142 $383,095 $234,526 $148,569
2018 $4,086 $375,584 $229,928 $145,656
2016 $3,892 $361,000 $221,000 $140,000
2015 $1,275 $112,706 $47,797 $64,909
2014 -- $110,499 $46,861 $63,638
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 24-441617

The MLS

APN: 5676-019-059