NOT LISTED FOR SALE

Estimated Value: $1,216,000 - $1,476,088

6 Beds
4 Baths
2,447 Sq Ft
$574/Sq Ft Est. Value

Last Sold March 18, 2016

Last sale price $825,000 $337 Per Sq Ft

Est. 70% increase in value since last sale

Current estimated payment $8,250/month

115 Days on Market

About This Home

As of March 2016

** Great Income Property ** Located in the City of Glendale on Western Ave and Glenoaks Blvd near all major shopping areas, Freeways and Restaurants. Minutes away from Burbank Media Center. Great to Live and Rent or for BIG family. The complex offers great parking and security has several covered car ports and lots of space for more. Each unit has it own Laundry Hook ups and Gas Meters and in good condition. Great Neighborhood, Great Location. Feel free to drive by and see the area.

Last Agent to Sell the Property

Gustavo Rodriguez

INTERO Real Estate Services License #01937004 Listed on: 08/08/2015

Last Buyer's Agent

Serozh Markarian

License #01249956

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1940

Lot Details

  • 6,264

Parking

  • 3 Car Garage

Interior Spaces

  • 2,447 Sq Ft Home
  • Ceiling Fan

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Additional Features

  • 6,264 Sq Ft Lot
  • Window Unit Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5623-016-026

Community Details

Overview

  • 3 Buildings
  • 3 Units

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Year Built

Built in 1940

Lot Details

0

Parking

3

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 2447
  • Year Built: 1940
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 6
  • Total Bathrooms: 4.00
  • Price Per S Q F T: 342.87

Exterior Features

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

Garage/Parking

  • Garage Spaces: 3
  • Covered Parking: 2
  • Garage Structures: 1
  • Total Parking: 6

Utilities

  • Cooling: Ceiling Fan, Window Unit(s)
  • Electric Expense: 120.00
  • Water Expense: 180.00

Association/Amenities

  • Pet Rules: Yes

Fee Information

  • Gas Expense: 160.00
  • Insurance Expense: 200.00
  • Trash Expense: 37.00

Lot Info

  • Assessed Improvement Value: 186668
  • Assessed Land Value: 413516
  • Assessor Parcel Number: 5623-016-026
  • Geocode Override: No
  • Lot Size Area: 6264

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 21000.00
  • Number Of Units: 3
  • Rent Control: 0
  • Type Of Units: sfr

Tax Info

  • Tax Expense: 6648.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 8, 2015
Closed on
Mar 24, 2016
Sold by
Mahali Sevan Chahar and Heshmati Andre
Bought by
Mahali Sevan Chahar
Seller's Agent
Gustavo Rodriguez
INTERO Real Estate Services
Buyer's Agent
Serozh Markarian
List Price
$949,900
Sold Price
$825,000
Premium/Discount to List
-$124,900
-13.15%
Current Estimated Value
$1,404,022

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$579,022
Avg. Annual Appreciation
5.58%
Original Mortgage
$797,465
Outstanding Balance
$630,936
Interest Rate
3.72%
Mortgage Type
FHA
Estimated Equity
$773,086

Purchase Details

Listed on
Aug 8, 2015
Closed on
Feb 24, 2016
Sold by
Delrosario Renato A and Delrosario Del Rosario
Bought by
Chaharmahali Sevan and Mahali Sevana Chahar
Seller's Agent
Gustavo Rodriguez
INTERO Real Estate Services
Buyer's Agent
Serozh Markarian
List Price
$949,900
Sold Price
$825,000
Premium/Discount to List
-$124,900
-13.15%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$797,465
Outstanding Balance
$630,936
Interest Rate
3.72%
Mortgage Type
FHA
Estimated Equity
$773,086

Purchase Details

Closed on
Feb 6, 2003
Sold by
Delrosario Ma Evelyn
Bought by
Delrosario Renato A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,100
Interest Rate
7.88%

Purchase Details

Closed on
Jan 15, 2003
Sold by
Moradian Anahid
Bought by
Delrosario Renato A and Delrosario Archival D

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$457,100
Interest Rate
7.88%

Purchase Details

Closed on
Apr 24, 2002
Sold by
Mallari Amparo Nazareth
Bought by
Moradian Anahid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
7.08%

Purchase Details

Closed on
Sep 27, 2000
Sold by
Wheeler Robert William
Bought by
Mallari Amparo Nazareth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,700
Interest Rate
8%

Purchase Details

Closed on
Sep 26, 2000
Sold by
Babayans Alfred and Babayans Anahid
Bought by
Mallari Amparo Nazareth

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$252,700
Interest Rate
8%

Purchase Details

Closed on
Sep 23, 1999
Sold by
Gaffaney Michael L
Bought by
Babayans Alfred and Babayans Anahid

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
7.68%

Purchase Details

Closed on
Oct 17, 1996
Sold by
Chung Kyung C and Chung Kyong H
Bought by
Gaffaney Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.91%

Purchase Details

Closed on
Oct 4, 1996
Sold by
Bibb Diane L
Bought by
Gaffaney Michael L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$95,000
Interest Rate
7.91%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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
Mahali Sevan Chahar -- Lawyers Title
Chaharmahali Sevan $825,000 Pacific Coast Title
Delrosario Renato A -- Commerce Title
Delrosario Renato A $508,000 Commerce Title
Moradian Anahid $450,000 Landsafe Title
Mallari Amparo Nazareth -- Landsafe Title
Mallari Amparo Nazareth $323,000 Landsafe Title
Babayans Alfred $220,000 South Coast Title
Gaffaney Michael L $170,000 Guardian Title
Gaffaney Michael L -- Guardian Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chaharmahali Sevan $797,465
Previous Owner Delrosario Renato A $457,100
Previous Owner Moradian Anahid $150,000
Previous Owner Mallari Amparo Nazareth $252,700
Previous Owner Babayans Alfred $198,000
Previous Owner Gaffaney Michael L $95,000
Closed Mallari Amparo Nazareth $16,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/18/2016 03/18/16 Sold $825,000 -13.1% $337 / Sq Ft
12/01/2015 12/01/15 Pending -- -- --
08/08/2015 08/08/15 For Sale $949,900 -- $388 / 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 $10,728 $976,616 $585,971 $390,645
2024 $10,728 $957,468 $574,482 $382,986
2023 $10,485 $938,695 $563,218 $375,477
2022 $10,303 $920,290 $552,175 $368,115
2021 $10,123 $902,247 $541,349 $360,898
2020 $9,979 $892,997 $535,799 $357,198
2019 $9,737 $875,489 $525,294 $350,195
2018 $9,548 $858,324 $514,995 $343,329
2016 $6,906 $621,510 $428,210 $193,300
2015 $6,766 $612,175 $421,778 $190,397
2014 $6,720 $600,184 $413,516 $186,668
Source: Public Records

Agents Affiliated with this Home

See All Agents

Map

Source: The MLS

MLS Number: 15-927699

The MLS

APN: 5623-016-026