NOT LISTED FOR SALE

1118 E Palmer Ave Unit 114 Glendale, CA 91205

Adams Hill Neighborhood

Estimated Value: $462,454 - $512,000

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

Last Sold May 14, 2024

Last sale price $485,000 $782 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $3,212/month

91 Days on Market

Highlights

  • Gated Parking
  • 0.97 Acre Lot
  • Traditional Architecture
  • Gated Community
  • Living Room with Fireplace
  • 2-minute walk to Adams Square Mini Park

About This Home

As of May 2024

Welcome to Adams Hill! Discover Glendale's discreet enclave with a relaxed atmosphere. This lower unit is tucked away in the back corner and has recently undergone renovations. It comes unfurnished, offering a charming 1-bedroom residence in one of the best neighborhoods in LA County the tranquil Adams Hill area. Inside, you'll find hardwood rustic oak floors, elegant white carrera marble countertops, stainless steel tiles, and modern appliances. The unit features glass closet doors, a fireplace, central AC, and comes with gated 1-car subterranean assigned parking along with dedicated storage. Controlled access ensures security, and onsite laundry facilities accept debit/credit cards, eliminating the need for coins. As a bonus, the owner has reinforced the bedroom ceiling to minimize sound disturbances. Enjoy the presence of a beautiful mini-park just around the corner and a delightful coffee shop in this charming part of Adams Hill. The location is conveniently close to the 134, 2, and 5 freeways, with the Americana at Brand nearby. It's also in proximity to Burbank, Pasadena, and provides easy access to downtown LA.

Last Agent to Sell the Property

Chad Schlotterback

JohnHart Corp. License #01807076 Listed on: 01/08/2024

JohnHart Corp.

Last Buyer's Agent

Sonya Carter

Sonya Carter, Broker License #01400633

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1986

Lot Details

  • 0.97

HOA Fees

  • $325 Monthly HOA Fees

Parking

  • Gated Parking

Home Design

  • Traditional Architecture
  • Entry on the 1st floor

Interior Spaces

  • 620 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Fireplace
  • Living Room with Fireplace
  • Property Views

Kitchen

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

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5676-019-081

Community Details

Overview

  • 54 Units
  • Association Phone (818) 342-7876

Amenities

  • Community Barbecue Grill
  • Laundry Facilities
  • Community Storage Space

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Year Built

Built in 1986

Lot Details

0

HOA Fees

$325 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Traditional
  • Levels: One
  • Street Number Display: Yes
  • Complex Name: MRI Property Management
  • Entry Floor: 1
  • Living Area: 620
  • Lot Acreage: 0.9675
  • Planned Urban Dev: 0
  • Year Built: 1986
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room, Gas
  • Flooring: Hardwood, Tile
  • Bedrooms: 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: Dishwasher, Ceiling Fan, Garbage Disposal, Hood Fan, Microwave, Refrigerator, Range/Oven
  • Price Per S Q F T: 788.71

Exterior Features

  • Pool: No
  • View: Yes

Garage/Parking

  • Covered Parking: 1
  • Parking Garage: Assigned, Subterranean

Utilities

  • Cooling: Air Conditioning, Ceiling Fan, Central
  • Heating: Central

Association/Amenities

  • Amenities: Assoc Barbecue, Extra Storage, Controlled Access, Gated Community, Gated Parking
  • Pet Rules: Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA #2 Fee Frequency: Monthly
  • HOA Fees: 325.00
  • Phone: 8183427876|
  • HOA: Yes

Lot Info

  • Assessor Parcel Number: 5676-019-081
  • Lot Size Area: 42145

Multi Family

  • Number Of Units: 54

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 8, 2024
Closed on
May 8, 2024
Sold by
Choi Mia Ae
Bought by
Billups Joseph M
Seller's Agent
Chad Schlotterback
JohnHart Corp.
Buyer's Agent
Sonya Carter
Sonya Carter, Broker
List Price
$500,000
Sold Price
$485,000
Premium/Discount to List
-$15,000
-3%
Views
136
Current Estimated Value
$482,364

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$2,636
Avg. Annual Appreciation
-0.33%
Original Mortgage
$14,550
Outstanding Balance
$7,098
Interest Rate
6.82%
Mortgage Type
New Conventional
Estimated Equity
$475,266

Purchase Details

Listed on
Aug 15, 2019
Closed on
Oct 17, 2019
Sold by
Hoffman Jerry S
Bought by
Choi Mi Ae
Seller's Agent
Jerry Hoffman
RLG Properties, Inc.
Buyer's Agent
Chad Schlotterback
JohnHart Corp.
List Price
$387,000
Sold Price
$370,000
Premium/Discount to List
-$17,000
-4.39%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.31%
Original Mortgage
$333,000
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Feb 29, 2008
Sold by
1116 & 1118 East Palmer Avenue Llc
Bought by
Hoffman Jerry S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$289,750
Interest Rate
5.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Oct 16, 2007
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
Billups Joseph M $485,000 Chicago Title Company
Choi Mi Ae $370,000 Lawyers Title Company
Hoffman Jerry S $305,000 Fidelity National Title Co
1116 & 1118 E Palmer Avenue Llc -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Billups Joseph M $14,550
Open Billups Joseph M $460,750
Previous Owner Choi Mi Ae $333,000
Previous Owner Hoffman Jerry S $289,750
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
05/14/2024 05/14/24 Sold $485,000 -0.8% $782 / Sq Ft
04/09/2024 04/09/24 Pending -- -- --
03/13/2024 03/13/24 Price Changed $489,000 -6.9% $789 / Sq Ft
01/12/2024 01/12/24 Price Changed $525,000 +5.0% $847 / Sq Ft
01/08/2024 01/08/24 For Sale $500,000 +35.1% $806 / Sq Ft
12/13/2019 12/13/19 Sold $370,000 -2.4% $597 / Sq Ft View Prior Sale
10/16/2019 10/16/19 Pending -- -- --
10/07/2019 10/07/19 Price Changed $379,000 -2.1% $611 / Sq Ft
08/15/2019 08/15/19 For Sale $387,000 -- $624 / 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 $4,399 $494,700 $356,796 $137,904
2024 $4,399 $396,712 $275,662 $121,050
2023 $4,299 $388,934 $270,257 $118,677
2022 $4,221 $381,308 $264,958 $116,350
2021 $4,199 $373,832 $259,763 $114,069
2019 $3,950 $359,128 $247,271 $111,857
2018 $3,898 $352,087 $242,423 $109,664
2016 $3,680 $335,000 $231,300 $103,700
2015 $2,938 $268,000 $185,000 $83,000
2014 $2,844 $256,000 $176,800 $79,200
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 23-340471

The MLS

APN: 5676-019-081