NOT LISTED FOR SALE

1116 E Palmer Ave Unit 23 Glendale, CA 91205

Adams Hill Neighborhood

Estimated Value: $517,017 - $525,000

1 Bed
2 Baths
780 Sq Ft
0.97 Acres

Last Sold December 23, 2014

Last sale price $330,000 $423 Per Sq Ft

Est. 58% increase in value since last sale

Current estimated payment $3,173/month

125 Days on Market

Highlights

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

About This Home

As of December 2014

Beautifully appointed one bedroom + loft condominium located on highly desirable Adams Hill. Tiled countertops, Rustic Oak hardwood flooring, fireplace, newer appliances, controlled access. 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: 06/17/2014

Last Buyer's Agent

MIREN ALVAREZ

PREMIER ONE REALTY INV. GROUP License #01867072

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,324

Year Built

  • Built in 1987

Lot Details

  • 0.97

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 780 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Loft
  • Wood Flooring

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Home Security

Parking

  • Subterranean Parking
  • Gated Parking

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5676-019-064

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

$4,324

Year Built

Built in 1987

Lot Details

0

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
  • Unit Floor In Building: 2
  • Year Built: 1987
  • Number Of Photos: 1
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 1
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Ceiling Fan, Dishwasher, Garbage Disposal, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 434.62

Exterior Features

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

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Subterranean

Utilities

  • Cooling: Air Conditioning, Ceiling Fan, Central
  • Earth Quake Ins: 0
  • Heating: Central
  • Security: Carbon Monoxide Detector(s), Fire and Smoke Detection System, Fire Sprinklers

Association/Amenities

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

Condo/Co-op/Association

  • HOA Fees: 169.00

Lot Info

  • Assessor Parcel Number: 5676-019-064
  • 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
Jun 17, 2014
Closed on
Oct 27, 2014
Sold by
Elm Gardens Llc
Bought by
Kim Sharon
Seller's Agent
Jerry Hoffman
RLG Properties, Inc.
Buyer's Agent
MIREN ALVAREZ
PREMIER ONE REALTY INV. GROUP
List Price
$339,000
Sold Price
$330,000
Premium/Discount to List
-$9,000
-2.65%
Current Estimated Value
$520,254

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$190,254
Avg. Annual Appreciation
4.34%
Original Mortgage
$264,000
Interest Rate
4%
Mortgage Type
New Conventional

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
Kim Sharon $330,000 Chicago Title Company
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 Kim Sharon $221,500
Previous Owner Kim Sharon $264,000
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
12/23/2014 12/23/14 Sold $330,000 -2.7% $423 / Sq Ft
10/20/2014 10/20/14 Pending -- -- --
06/17/2014 06/17/14 For Sale $339,000 -- $435 / 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 $4,324 $396,602 $237,721 $158,881
2024 $4,324 $388,826 $233,060 $155,766
2023 $4,226 $381,203 $228,491 $152,712
2022 $4,150 $373,729 $224,011 $149,718
2021 $4,078 $366,402 $219,619 $146,783
2020 $4,018 $362,646 $217,368 $145,278
2019 $3,920 $355,536 $213,106 $142,430
2018 $3,869 $348,566 $208,928 $139,638
2016 $3,687 $335,032 $200,816 $134,216
2015 $3,612 $330,000 $197,800 $132,200
2014 $1,271 $110,499 $46,861 $63,638
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2014

    Jerry Hoffman

    RLG Properties, Inc.

    Section Image

  • M

    Buyer's Agent in 2014

    MIREN ALVAREZ

    PREMIER ONE REALTY INV. GROUP

See All Agents

Map

Source: The MLS

MLS Number: 14-801003

The MLS

APN: 5676-019-064

California Los Angeles County Glendale 91205 Adams Hill

1116 E Palmer Ave Unit 23, Glendale, CA

This home is located at 1116 E Palmer Ave Unit 23, Glendale, CA 91205 since 17 June 2014 and is currently estimated at $520,254, approximately $666 per square foot. This property was built in 1987. 1116 E Palmer Ave Unit 23 is a home located in Los Angeles County with nearby schools including John Muir Elementary School, Theodore Roosevelt Middle School, and Glendale High School.

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