NOT LISTED FOR SALE

1118 E Palmer Ave Unit 109 Glendale, CA 91205

Adams Hill Neighborhood

Estimated Value: $459,004 - $482,000

1 Bed
1 Bath
610 Sq Ft
$325/mo HOA Fee

Last Sold August 20, 2024

Last sale price $459,000 $752 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $3,274/month

176 Days on Market

Highlights

  • Gated Community
  • 0.97 Acre Lot
  • Traditional Architecture
  • Updated Kitchen
  • Property is near public transit
  • 2-minute walk to Adams Square Mini Park

About This Home

As of August 2024

LAST CHANCE to own this beautiful home in the heart downtown Glendale! Price reduce! Great for first time home buyers or investors. The unit comes with 1 large bedroom, remodeled bathroom, nice kitchen with stainless steel appliances and ample kitchen cabinets. Solid oak flooring throughout the house, gas fireplace, recessed lights, and ceiling fans. The gated complex is on the 1st floor elevated from the street with secured parking. The unit also boasts Central HVAC with Nest thermostat and remote door locks. Located near The Americana, Glendale Galleria, famous restaurants and bars. Easy access to the I-5 and 134 freeways makes this condo a central location in the Los Angeles area. Hurry and come see it for yourself!

Last Agent to Sell the Property

Noli Reyes

Bella Vista Estates Real Estate Group Inc Brokerage Phone: 818-458-7888 License #01818516 Listed on: 01/23/2024

Last Buyer's Agent

Khoren Barutyan

KB Estates, Inc. License #01899044

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $4,631

Year Built

  • Built in 1986 | Remodeled

Lot Details

  • Two or More Common Walls
  • Fenced
  • Stucco Fence
  • Sprinkler System
  • Lawn
  • Front Yard

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Parking Lot

Home Design

  • Traditional Architecture
  • Fire Rated Drywall
  • Composition Roof
  • Stucco

Interior Spaces

  • 610 Sq Ft Home
  • 2-Story Property
  • Ceiling Fan
  • Double Pane Windows
  • Window Screens
  • Living Room with Fireplace
  • Living Room Balcony
  • Combination Dining and Living Room
  • Wood Flooring
  • Attic Fan
  • Home Security System

Kitchen

  • Updated Kitchen
  • Breakfast Area or Nook
  • Gas Oven
  • Six Burner Stove
  • Gas Cooktop
  • Range Hood
  • Microwave
  • Water Line To Refrigerator
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Stone Countertops
  • Self-Closing Drawers and Cabinet Doors

Bedrooms and Bathrooms

  • 1 Main Level Bedroom
  • Remodeled Bathroom
  • Bathroom on Main Level
  • 1 Full Bathroom
  • Stone Bathroom Countertops
  • Makeup or Vanity Space
  • Low Flow Toliet
  • Bathtub with Shower
  • Walk-in Shower
  • Exhaust Fan In Bathroom
  • Linen Closet In Bathroom

Laundry

  • Laundry Room
  • Laundry in Carport

Utilities

  • Whole House Fan
  • Central Heating and Cooling System
  • Heating System Uses Natural Gas
  • Vented Exhaust Fan
  • Hot Water Heating System
  • Gas Water Heater
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Property is near public transit

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 62932
  • Assessor Parcel Number 5676019076
  • $86 per year additional tax assessments
  • Seller Considering Concessions

Community Details

Overview

  • Front Yard Maintenance
  • Master Insurance
  • 54 Units
  • Palmer Gardens Association, Phone Number (818) 342-7876
  • Mri Property Management HOA
  • Maintained Community

Amenities

  • Community Barbecue Grill
  • Laundry Facilities

Recreation

  • Hiking Trails
  • Bike Trail

Pet Policy

  • Pets Allowed

Security

  • Resident Manager or Management On Site
  • Controlled Access
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$4,631

Year Built

Built in 1986 | Remodeled

Lot Details

0

HOA Fees

$325 per month

Parking

1

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Inclusions: Ring Door Camera, Nest, Smart Door Lock, TV Wall Mount / Console, and Window Curtains.
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Security: Fire and Smoke Detection System, Gated Community, Security System, Smoke Detector(s)
  • View: No
  • Zoning: GLR4YY
  • Architectural Style: Traditional
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5676019076
  • Year Built: 1986
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 610.00 Square Feet
  • Interior Amenities: Attic Fan, Ceiling Fan(s), Living Room Balcony
  • Stories: 2
  • Entry Location: Front
  • Common Walls: 2+ Common Walls
  • Flooring: Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Breakfast Nook, Dining Room, In Living Room
  • Entry Level: 1
  • Fireplace Features: Living Room
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 752.46
  • Room Type: Kitchen, Living Room, Primary Bathroom, Primary Bedroom
  • Window Features: Double Pane Windows, Screens
  • Bathroom Features: Bathtub, Low Flow Toilet(s), Shower, Shower In Tub, Exhaust Fan(s), Linen Closet/Storage, Main Floor Full Bath, Remodeled, Stone Counters, Vanity Area
  • Room Kitchen Features: Remodeled Kitchen, Self-Closing Cabinet Doors, Self-Closing Drawers, Stone Counters

Exterior Features

  • Patio: Yes
  • Fence: Yes
  • Fencing: Stucco Wall
  • Patio And Porch Features: Covered, Front Porch
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Drywall Walls, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Parking Space, Subterranean
  • Total Parking Spaces: 1.00

Utilities

  • Utilities: Cable Available, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sprinklers: Yes
  • Heating: Yes
  • Laundry: Yes
  • Appliances: 6 Burner Stove, Dishwasher, ENERGY STAR Qualified Appliances, Gas Oven, Gas Cooktop, Gas Water Heater, Microwave, Range Hood, Refrigerator, Vented Exhaust Fan, Water Heater, Water Line to Refrigerator
  • Electric: Electricity - On Property, Standard
  • Heating Type: Central, Fireplace(s), Natural Gas
  • Laundry Features: Community, In Carport
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air, Whole House Fan
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Barbecue, Cable TV, Electricity, Gas, Insurance, Maintenance Grounds, Trash, Utilities, Sewer, Water, Pets Permitted, Call for Rules, Management, Controlled Access, Hot Water, Maintenance Front Yard
  • Association Fee: 325.00
  • Association Fee Frequency: Monthly
  • Association Name: Palmer Gardens
  • Phone: 818-342-7876
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Hiking, Sidewalks
  • Association Management: MRI Property Management

Schools

  • School District: Glendale Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lawn, Near Public Transit, Sprinkler System
  • Lot Size Sq Ft: 42145.00
  • Lot Size Acres: 0.9675
  • Latitude Manual: 34.13234500

Multi Family

  • Lease Considered: No
  • Lot Size Area: 42145.0000 Square Feet
  • Number Of Units In Community: 54
  • Number Of Units Total: 20

Tax Info

  • Tax Census Tract: 3021.02
  • Tax Lot: 1
  • Tax Tract Number: 62932
  • TaxOtherAnnualAssessmentAmount: 86.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 23, 2024
Closed on
Aug 14, 2024
Sold by
Castro Valdizno Jettro
Bought by
Zohrabian Mikia
Seller's Agent
Noli Reyes
Bella Vista Estates Real Estate Group Inc
Buyer's Agent
Khoren Barutyan
KB Estates, Inc.
List Price
$499,000
Sold Price
$459,000
Premium/Discount to List
-$40,000
-8.02%
Views
113
Current Estimated Value
$470,251

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$11,251
Avg. Annual Appreciation
2.40%
Original Mortgage
$344,250
Outstanding Balance
$340,985
Interest Rate
6.89%
Mortgage Type
New Conventional
Estimated Equity
$129,266

Purchase Details

Listed on
Mar 11, 2020
Closed on
Mar 31, 2020
Sold by
Shakhnazaryan Albert and Gabrielyan Marianna
Bought by
Valdizno Jettro Castro
Seller's Agent
Jerry Hoffman
RLG Properties, Inc.
Buyer's Agent
Rashaad Dixon
List Price
$385,000
Sold Price
$390,000
Premium/Discount to List
$5,000
1.3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.82%
Original Mortgage
$312,000
Interest Rate
3.2%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 17, 2014
Closed on
Apr 16, 2015
Sold by
Elm Gardens Llc
Bought by
Shakhnazaryan Albert and Gabrielyan Marianna
Seller's Agent
Jerry Hoffman
RLG Properties, Inc.
Buyer's Agent
Jerry Hoffman
RLG Properties, Inc.
List Price
$299,000
Sold Price
$295,000
Premium/Discount to List
-$4,000
-1.34%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.79%
Original Mortgage
$265,471
Interest Rate
3.62%
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 7, 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
Zohrabian Mikia $459,000 None Listed On Document
Valdizno Jettro Castro $390,000 Stewart Title
Shakhnazaryan Albert $295,000 Fntg Builder Services
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 Zohrabian Mikia $344,250
Previous Owner Valdizno Jettro Castro $312,000
Previous Owner Shakhnazaryan Albert $256,000
Previous Owner Shakhnazaryan Albert $265,471
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
08/20/2024 08/20/24 Sold $459,000 0.0% $752 / Sq Ft
07/18/2024 07/18/24 Pending -- -- --
07/17/2024 07/17/24 Price Changed $459,000 -2.3% $752 / Sq Ft
06/27/2024 06/27/24 Price Changed $469,900 -5.8% $770 / Sq Ft
06/02/2024 06/02/24 For Sale $499,000 +8.7% $818 / Sq Ft
05/26/2024 05/26/24 Off Market $459,000 -- --
05/16/2024 05/16/24 For Sale $519,900 +13.3% $852 / Sq Ft
04/24/2024 04/24/24 Off Market $459,000 -- --
04/20/2024 04/20/24 For Sale $519,900 +13.3% $852 / Sq Ft
02/21/2024 02/21/24 Off Market $459,000 -- --
01/23/2024 01/23/24 For Sale $519,900 +33.3% $852 / Sq Ft
04/17/2020 04/17/20 Sold $390,000 +1.3% $639 / Sq Ft
03/17/2020 03/17/20 Pending -- -- --
03/11/2020 03/11/20 For Sale $385,000 +30.5% $631 / Sq Ft
05/03/2015 05/03/15 Sold $295,000 -1.3% $484 / Sq Ft
04/05/2015 04/05/15 Pending -- -- --
03/20/2015 03/20/15 For Sale $299,000 0.0% $490 / Sq Ft
02/25/2015 02/25/15 Pending -- -- --
06/17/2014 06/17/14 For Sale $299,000 -- $490 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $4,631 $459,000 $326,000 $133,000
2024 $4,631 $418,154 $299,035 $119,119
2023 $4,525 $409,956 $293,172 $116,784
2022 $4,444 $401,919 $287,424 $114,495
2021 $4,369 $394,039 $281,789 $112,250
2020 $3,592 $324,182 $207,916 $116,266
2019 $3,504 $317,827 $203,840 $113,987
2018 $3,457 $311,596 $199,844 $111,752
2016 $3,296 $299,498 $192,085 $107,413
2015 $1,116 $98,548 $47,797 $50,751
2014 -- $96,618 $46,861 $49,757
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24009497

California Regional Multiple Listing Service (CRMLS)

APN: 5676-019-076