NOT LISTED FOR SALE

1116 E Palmer Ave Unit 5 Glendale, CA 91205

Adams Hill Neighborhood

Estimated Value: $435,958 - $481,000

1 Bed
1 Bath
610 Sq Ft
0.97 Acres

Last Sold February 18, 2016

Last sale price $312,500 $512 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,746/month

12 Days on Market

Highlights

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

About This Home

As of February 2016

NEWLY RENOVATED TOP TO BOTTOM!Beautifully appointed one bedroom located on highly desirable Adams Hill. White Carrera marble countertops, newly refinished Rustic Oak hardwood flooring, fireplace, brand new stainless steel appliances, recessed lighting, controlled access. Frosted glass bedroom closet doors and custom designer bath fixtures. 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: 12/05/2015

Last Buyer's Agent

Edvin Niazi

License #01306133

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1987

Lot Details

  • Gated Home

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor

Interior Spaces

  • 610 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Area
  • Intercom

Kitchen

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

Flooring

  • Wood
  • Ceramic Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Parking

  • Gated Parking
  • Controlled Entrance

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5676-019-046

Community Details

Overview

  • 54 Units
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Laundry Facilities
  • Community Storage Space

Pet Policy

  • Pets Allowed

Security

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

Property Details

Home Type

Condominium

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: 1
  • Living Area: 610
  • Planned Urban Dev: 0
  • Year Built: 1987
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Ceramic Tile, Hardwood
  • Bedrooms: 1
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Laundry: Community
  • Total Bathrooms: 1.00
  • Equipment: Cable, Ceiling Fan, Dishwasher, Garbage Disposal, Intercom, Microwave, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 516.39

Exterior Features

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

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned, Controlled Entrance, 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, Assoc Pet Rules, Controlled Access, Extra Storage, Gated Community, Gated Parking, Hot Water
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 169.00

Lot Info

  • Assessor Parcel Number: 5676-019-046
  • Geocode Override: No
  • Lot Size Area: 42132

Multi Family

  • Number Of Units: 54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 20, 2016
Sold by
Alver Roger
Bought by
Alver Roger and Parseghian Angineh
Current Estimated Value
$459,990

Purchase Details

Listed on
Dec 5, 2015
Closed on
Feb 10, 2016
Sold by
Elm Gardens Llc
Bought by
Avanesian Artimis and Parseghian Angineh
Seller's Agent
Jerry Hoffman
RLG Properties, Inc.
Buyer's Agent
Edvin Niazi
List Price
$315,000
Sold Price
$312,500
Premium/Discount to List
-$2,500
-0.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.00%
Original Mortgage
$281,250
Outstanding Balance
$224,353
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$235,637

Purchase Details

Listed on
Dec 5, 2015
Closed on
Feb 4, 2016
Sold by
Parseghian Hookas
Bought by
Avanesian Artimis
Seller's Agent
Jerry Hoffman
RLG Properties, Inc.
Buyer's Agent
Edvin Niazi
List Price
$315,000
Sold Price
$312,500
Premium/Discount to List
-$2,500
-0.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$281,250
Outstanding Balance
$224,353
Interest Rate
3.97%
Mortgage Type
New Conventional
Estimated Equity
$235,637

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
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
Alver Roger -- None Available
Parseghian Hookas -- None Available
Avanesian Artimis $312,500 Fntg
Avanesian Artimis -- Fidelity National Title Co
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 Avanesian Artimis $281,250
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2016 02/18/16 Sold $312,500 -0.8% $512 / Sq Ft
12/17/2015 12/17/15 Pending -- -- --
12/13/2015 12/13/15 For Sale $315,000 0.0% $516 / Sq Ft
12/10/2015 12/10/15 Pending -- -- --
12/05/2015 12/05/15 For Sale $315,000 -- $516 / 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 $4,029 $369,929 $242,319 $127,610
2024 $4,029 $362,676 $237,568 $125,108
2023 $3,937 $355,565 $232,910 $122,655
2022 $3,866 $348,594 $228,344 $120,250
2021 $3,800 $341,760 $223,867 $117,893
2019 $3,653 $331,626 $217,228 $114,398
2018 $3,604 $325,124 $212,969 $112,155
2016 $1,138 $100,049 $48,525 $51,524
2015 $1,116 $98,548 $47,797 $50,751
2014 $1,113 $96,618 $46,861 $49,757
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jerry Hoffman

    RLG Properties, Inc.

    Section Image

  • E

    Buyer's Agent in 2016

    Edvin Niazi

See All Agents

Map

Source: The MLS

MLS Number: 15-963687

The MLS

APN: 5676-019-046

California Los Angeles County Glendale 91205 Adams Hill

1116 E Palmer Ave Unit 5, Glendale, CA

Not Listed for Sale

Condos

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