NOT LISTED FOR SALE

1116 E Palmer Ave Unit 7 Glendale, CA 91205

Adams Hill Neighborhood

Estimated Value: $453,000 - $475,000

1 Bed
1 Bath
620 Sq Ft
0.97 Acres

Last Sold April 07, 2016

Last sale price $315,000 $508 Per Sq Ft

Est. 47% increase in value since last sale

Current estimated payment $2,835/month

Highlights

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

About This Home

As of April 2016

Great corner unit! Beautifully appointed one bedroom located on highly desirable Adams Hill. White Carrera marble countertops, rustic oak hardwood flooring, fireplace, newer 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: 03/14/2016

Last Buyer's Agent

Peter Terzian

License #01959791

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,061

Year Built

  • Built in 1987

Lot Details

  • Gated Home

Parking

  • Automatic Gate

Home Design

  • Contemporary Architecture
  • Entry on the 1st floor

Interior Spaces

  • 620 Sq Ft Home
  • Ceiling Fan
  • Living Room with Fireplace
  • Dining Area
  • Wood Flooring
  • Intercom

Kitchen

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

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System
  • Cable TV Available

Listing and Financial Details

  • Assessor Parcel Number 5676-019-048

Community Details

Overview

  • 54 Units
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

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

$4,061

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: 620
  • Planned Urban Dev: 0
  • Unit Floor In Building: 1
  • Year Built: 1987
  • Number Of Photos: 10
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 1
  • Fireplaces: 1
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: Community
  • Total Bathrooms: 1.00
  • Den: 0
  • Equipment: Cable, Ceiling Fan, Dishwasher, Garbage Disposal, Intercom, Microwave, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 508.06

Exterior Features

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

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned, Community Garage, Gated, 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 Community, Gated Parking
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fees: 169.00

Lot Info

  • Assessor Parcel Number: 5676-019-048
  • 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
Mar 14, 2016
Closed on
Mar 28, 2016
Sold by
Elm Gardens Llc
Bought by
Keeshen Michael
Seller's Agent
Jerry Hoffman
RLG Properties, Inc.
Buyer's Agent
Peter Terzian
List Price
$315,000
Sold Price
$315,000
Current Estimated Value
$461,772

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$146,772
Avg. Annual Appreciation
4.14%

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
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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
Keeshen Michael $315,000 Fntg
Keeshen Michael -- Fntg
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
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
04/07/2016 04/07/16 Sold $315,000 0.0% $508 / Sq Ft
03/14/2016 03/14/16 Pending -- -- --
03/14/2016 03/14/16 For Sale $315,000 -- $508 / 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 $4,061 $372,887 $243,266 $129,621
2024 $4,061 $365,577 $238,497 $127,080
2023 $3,968 $358,410 $233,821 $124,589
2022 $3,897 $351,384 $229,237 $122,147
2021 $3,830 $344,495 $224,743 $119,752
2019 $3,682 $334,279 $218,078 $116,201
2018 $3,633 $327,725 $213,802 $113,923
2016 $1,148 $100,921 $48,525 $52,396
2015 $1,125 $99,406 $47,797 $51,609
2014 $1,123 $97,460 $46,861 $50,599
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2016

    Jerry Hoffman

    RLG Properties, Inc.

    Section Image

  • P

    Buyer's Agent in 2016

    Peter Terzian

  • A

    Buyer Co-Listing Agent in 2016

    Ann Call

    RE/MAX ONE

  • Tom Barseghian

    Buyer Co-Listing Agent in 2016

    Tom Barseghian

    (818) 472-5555

    112 Total Sales

    Tom Barseghian
    Section Image
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Map

Source: The MLS

MLS Number: 16-121174

The MLS

APN: 5676-019-048

California Los Angeles County Glendale 91205 Adams Hill

1116 E Palmer Ave Unit 7, Glendale, CA

This home is located at 1116 E Palmer Ave Unit 7, Glendale, CA 91205 since 14 March 2016 and is currently estimated at $461,772, approximately $744 per square foot. This property was built in 1987. 1116 E Palmer Ave Unit 7 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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