NOT LISTED FOR SALE

1116 E Palmer Ave Unit 27 Glendale, CA 91205

Adams Hill Neighborhood

Estimated Value: $562,132 - $704,000

1 Bed
2 Baths
930 Sq Ft
$169/mo HOA Fee

Last Sold August 09, 2018

Last sale price $500,000 $538 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $3,940/month

6 Days on Market

Highlights

  • Automatic Gate
  • 42,132 Sq Ft lot
  • Wood Flooring
  • Views of Trees
  • Contemporary Architecture
  • 2-minute walk to Adams Square Mini Park

About This Home

As of August 2018

Upstairs corner unit! Beautifully appointed 1 bedroom + LOFT located on desirable Adams Hill- One of LA's safest neighborhoods! HUGE vaulted ceilings, tiled bathroom with refinished Brazilian walnut hardwood floors throughout. Gas fireplace, newer stainless steel appliances and designer fixtures. Washer/dryer inside the unit. Loft space can be a second small bedroom with its own bathroom. HUGE Master bedroom (nearly twice the size as others in the complex) separated into 2 rooms with frosted glass sliding doors. Amazing office space! Lush landscaping with mature trees and controlled access. Security cameras in parking garage. Also community laundry rooms onsite that takes credit/debit cards instead of coins! Strong HOA reserves! Great shopping and movie theaters are within minutes of 3 major nearby malls; Glendale Galleria, The Americana, Burbank Media Center. Minutes from Griffith Park and the LA River bike paths. Easy access to 5,134 & 2 freeways. Close to Downtown. 2 parking spaces!

Last Agent to Sell the Property

Jerry Hoffman

RLG Properties, Inc. License #01428622 Listed on: 06/30/2018

Last Buyer's Agent

Nancy Eisenstadt

Compass License #01904745

Compass

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1987

Lot Details

  • Gated Home

HOA Fees

  • $169 Monthly HOA Fees

Home Design

  • Contemporary Architecture
  • Entry on the 2nd floor

Interior Spaces

  • 930 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Views of Trees
  • Intercom

Kitchen

  • Breakfast Bar
  • Oven or Range
  • Microwave
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 1 Bedroom
  • 2 Full Bathrooms

Laundry

  • Laundry in unit
  • Dryer

Parking

  • Side by Side Parking
  • Automatic Gate
  • Controlled Entrance

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5676-019-068

Community Details

Overview

  • 54 Units
  • Maintained Community

Amenities

  • Community Barbecue Grill

Pet Policy

  • Pets Allowed

Security

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

Property Details

Home Type

Condominium

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: 930
  • Planned Urban Dev: 0
  • Stories: 2
  • Year Built: 1987
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, 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
  • Laundry: In Unit
  • Total Bathrooms: 2.00
  • Equipment: Cable, Ceiling Fan, Dishwasher, Dryer, Garbage Disposal, Intercom, Microwave, Range/Oven, Refrigerator, Vented Exhaust Fan
  • Fireplace: Yes
  • Price Per S Q F T: 558.06

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No
  • View: Tree Top
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Controlled Entrance, Gated, Side By Side, Subterranean

Utilities

  • Cooling: Air Conditioning, Ceiling Fan, Central
  • Heating: Central
  • Security: Automatic Gate, 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: Assoc Pet Rules, Yes

Condo/Co-op/Association

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

Lot Info

  • Assessor Parcel Number: 5676-019-068
  • 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 30, 2018
Closed on
Jul 10, 2018
Sold by
Seaver Jason
Bought by
Nailling Blyth L
Seller's Agent
Jerry Hoffman
RLG Properties, Inc.
Buyer's Agent
Nancy Eisenstadt
Compass
List Price
$519,999
Sold Price
$500,000
Premium/Discount to List
-$19,999
-3.85%
Current Estimated Value
$626,533

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$126,533
Avg. Annual Appreciation
3.09%
Original Mortgage
$396,000
Outstanding Balance
$343,193
Interest Rate
4.5%
Mortgage Type
New Conventional
Estimated Equity
$283,340

Purchase Details

Closed on
Oct 2, 2015
Sold by
Seaver Jason
Bought by
Seaver Jason and Seaver Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,600
Interest Rate
3.78%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 14, 2014
Sold by
Elm Gardens Llc
Bought by
Seaver Jason and Seaver Elizabeth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$287,950
Interest Rate
3.82%
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:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Nailling Blyth L $500,000 Lawyers Title Co
Seaver Jason -- Title365 Company
Seaver Jason -- Title365 Company
Seaver Jason $320,000 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 Nailling Blyth L $396,000
Previous Owner Seaver Jason $289,600
Previous Owner Seaver Jason $287,950
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/09/2018 08/09/18 Sold $500,000 -3.8% $538 / Sq Ft
07/06/2018 07/06/18 Pending -- -- --
06/30/2018 06/30/18 For Sale $519,999 -- $559 / 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 $5,974 $557,753 $373,696 $184,057
2024 $5,974 $546,818 $366,369 $180,449
2023 $5,836 $536,097 $359,186 $176,911
2022 $5,730 $525,587 $352,144 $173,443
2021 $5,631 $515,283 $345,240 $170,043
2019 $5,411 $500,000 $335,000 $165,000
2018 $3,763 $338,002 $164,353 $173,649
2017 $3,700 $331,376 $161,131 $170,245
2016 $3,584 $324,879 $157,972 $166,907
2015 $1,416 $125,231 $47,823 $77,408
2014 $1,411 $122,779 $46,887 $75,892
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-360356

The MLS

APN: 5676-019-068