$470,000
SOLD JUN 13, 2018

1116 E Palmer Ave Unit 22 Glendale, CA 91205

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

Recently Sold

$603 Per Sq Ft

1% Above List Price

10 Days on Market

Highlights

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

About This Home

As of June 2018

Beautifully appointed one bedroom + loft located on highly desirable Adams Hill- One of LA's safest neighborhoods! HUGE vaulted ceilings, tiled bathroom with refinished hardwood floors throughout. Gas fireplace, newer stainless steel appliances and custom designer bath fixtures. Laundry hook-ups inside the unit. Loft space can be open or closed creating a second small bedroom with its own bathroom. Lush landscaping with mature trees and controlled access. Security cameras were just installed in parking garage recording 24/7. Also 2 community laundry rooms onsite that takes credit/debit cards- no coins needed! Strong HOA reserves! Great shopping and movie theaters are within minutes of 3 major nearby malls; Glendale Galleria, The Americana and Burbank Media Center. Minutes from Griffith Park and the LA River bike paths. Easy access to 5,134 and 2 freeways. Close to downtown.

Last Agent to Sell the Property

Jerry Hoffman

RLG Properties, Inc. License #01428622 Listed on: 04/16/2018

Last Buyer's Agent

Laura Cutrona

Coldwell Banker Realty License #02004042

Coldwell Banker Realty

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $5,795

Year Built

  • Built in 1987

Lot Details

  • Gated Home

HOA Fees

  • $169 Monthly HOA Fees

Home Design

  • Contemporary Architecture

Interior Spaces

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

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom

Laundry

  • Laundry in unit
  • Gas Dryer Hookup

Parking

  • Tandem Parking
  • Gated Parking

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5676-019-063

Community Details

Overview

  • 54 Units

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Pet Policy

  • Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$5,795

Year Built

Built in 1987

Lot Details

0

HOA Fees

$169 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: The Hudson On Adams Hill
  • Entry Floor: 2
  • Living Area: 780
  • Planned Urban Dev: 0
  • Stories: 2
  • Unit Floor In Building: 2
  • Year Built: 1987
  • Number Of Photos: 21
  • 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: Cable, Ceiling Fan, Dishwasher, Electric Dryer Hookup, Garbage Disposal, Gas Dryer Hookup, Hood Fan, Intercom, Microwave, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 596.15

Exterior Features

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

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Gated, Subterranean, Tandem

Utilities

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

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: 5676-019-063
  • 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
Apr 16, 2018
Closed on
May 17, 2018
Sold by
Rahmlow Jayson
Bought by
Nei Ada
Seller's Agent
Jerry Hoffman
RLG Properties, Inc.
Buyer's Agent
Laura Cutrona
Coldwell Banker Realty
List Price
$465,000
Sold Price
$470,000
Premium/Discount to List
$5,000
1.08%
Current Estimated Value
$553,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$83,542
Avg. Annual Appreciation
2.45%

Purchase Details

Listed on
Feb 21, 2015
Closed on
Apr 16, 2015
Sold by
Elm Gardens Llc
Bought by
Rahmlow Jayson and Rahmlow Vanessa
Seller's Agent
Jerry Hoffman
RLG Properties, Inc.
Buyer's Agent
Alex Brunkhorst
Compass
List Price
$355,000
Sold Price
$355,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.41%
Original Mortgage
$213,000
Interest Rate
3.73%
Mortgage Type
New Conventional

Purchase Details

Closed on
Apr 24, 2012
Sold by
Palmer Gardens Llc
Bought by
Elm Gardens Llc
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $470,000 Lawyers Title Co
Grant Deed $355,000 Chicago Title Company
Grant Deed -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $100,000 Credit Line Revolving
Previous Owner $213,000 New Conventional
Previous Owner $850,000 Unknown
Previous Owner $5,760,000 Unknown
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/13/2018 06/13/18 Sold $470,000 +1.1% $603 / Sq Ft
04/26/2018 04/26/18 Pending -- -- --
04/16/2018 04/16/18 For Sale $465,000 +31.0% $596 / Sq Ft
05/01/2015 05/01/15 Sold $355,000 0.0% $455 / Sq Ft
03/10/2015 03/10/15 Pending -- -- --
03/05/2015 03/05/15 For Sale $355,000 0.0% $455 / Sq Ft
02/22/2015 02/22/15 Pending -- -- --
02/21/2015 02/21/15 For Sale $355,000 -- $455 / 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 $5,795 $534,774 $377,074 $157,700
2024 $5,795 $524,289 $369,681 $154,608
2023 $5,662 $514,010 $362,433 $151,577
2022 $5,561 $503,932 $355,327 $148,605
2021 $5,467 $494,052 $348,360 $145,692
2019 $5,255 $479,400 $338,028 $141,372
2018 $4,080 $374,971 $227,095 $147,876
2016 $3,886 $360,413 $218,278 $142,135
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: 18-333278

The MLS

APN: 5676-019-063