NOT LISTED FOR SALE

1116 E Palmer Ave Unit 24 Glendale, CA 91205

Adams Hill Neighborhood

Estimated Value: $518,000 - $526,000

1 Bed
2 Baths
780 Sq Ft
0.97 Acres

Last Sold March 24, 2015

Last sale price $345,000 $442 Per Sq Ft

Est. 51% increase in value since last sale

Current estimated payment $3,192/month

224 Days on Market

Highlights

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

About This Home

As of March 2015

Beautifully appointed one bedroom + loft condominium located on highly desirable Adams Hill. Vaulted ceilings, tiled countertops, hardwood (engineered) and slate flooring, custom designer bathroom, fireplace, newer appliances, controlled access. Laundry hook-ups inside unit! 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

Timothy Xu

Compass License #01703821

Compass

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,516

Year Built

  • Built in 1987

Lot Details

  • Gated Home

Parking

  • Subterranean Parking

Home Design

  • Contemporary Architecture

Interior Spaces

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

Kitchen

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

Flooring

  • Wood
  • Slate Flooring

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Gas And Electric Dryer Hookup

Home Security

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5676-019-065

Community Details

Overview

  • 54 Units
  • Maintained Community

Amenities

  • Community Barbecue Grill

Pet Policy

  • Pets Allowed

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,516

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: Slate, Wood
  • 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: In Unit
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Cable, Ceiling Fan, Dishwasher, Garbage Disposal, Gas Or Electric Dryer Hookup, Microwave, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 448.72

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, Gated, Smoke Detector

Association/Amenities

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

Condo/Co-op/Association

  • HOA Fees: 169.00

Lot Info

  • Assessor Parcel Number: 5676-019-065
  • 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
Mar 12, 2015
Sold by
Elm Gardens Llc
Bought by
Hearon Nicole
Seller's Agent
Jerry Hoffman
RLG Properties, Inc.
Buyer's Agent
Timothy Xu
Compass
List Price
$350,000
Sold Price
$345,000
Premium/Discount to List
-$5,000
-1.43%
Current Estimated Value
$520,853

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$175,853
Avg. Annual Appreciation
4.03%
Original Mortgage
$293,250
Outstanding Balance
$224,756
Interest Rate
3.54%
Mortgage Type
New Conventional
Estimated Equity
$296,097

Purchase Details

Closed on
Apr 24, 2012
Sold by
Palmer Gardens Llc
Bought by
Elm Gardens Llc
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
Hearon Nicole $345,000 Chicago Title Co
Elm Gardens Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Hearon Nicole $293,250
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
03/24/2015 03/24/15 Sold $345,000 -1.4% $442 / Sq Ft
01/27/2015 01/27/15 Pending -- -- --
01/13/2015 01/13/15 For Sale $350,000 0.0% $449 / Sq Ft
01/13/2015 01/13/15 Price Changed $350,000 +3.2% $449 / Sq Ft
11/09/2014 11/09/14 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 $4,516 $414,628 $246,374 $168,254
2024 $4,516 $406,499 $241,544 $164,955
2023 $4,413 $398,529 $236,808 $161,721
2022 $4,334 $390,715 $232,165 $158,550
2021 $4,259 $383,055 $227,613 $155,442
2020 $4,197 $379,129 $225,280 $153,849
2019 $4,095 $371,696 $220,863 $150,833
2018 $4,041 $364,409 $216,533 $147,876
2016 $3,852 $350,261 $208,126 $142,135
2015 $1,275 $112,706 $47,797 $64,909
2014 $1,271 $110,499 $46,861 $63,638
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2015

    Jerry Hoffman

    RLG Properties, Inc.

    Section Image
  • Timothy Xu

    Buyer's Agent in 2015

    Timothy Xu

    Compass

    (310) 227-1001

    82 Total Sales

    Timothy Xu
    Section Image
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Map

Source: The MLS

MLS Number: 14-808811

The MLS

APN: 5676-019-065

California Los Angeles County Glendale 91205 Adams Hill

1116 E Palmer Ave Unit 24, Glendale, CA

This home is located at 1116 E Palmer Ave Unit 24, Glendale, CA 91205 since 17 June 2014 and is currently estimated at $520,853, approximately $667 per square foot. This property was built in 1987. 1116 E Palmer Ave Unit 24 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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