NOT LISTED FOR SALE

1147 Winchester Ave Glendale, CA 91201

Grandview Neighborhood

Estimated Value: $1,336,924 - $1,538,000

5 Beds
4 Baths
2,672 Sq Ft
$536/Sq Ft Est. Value

Last Sold April 01, 2013

Last sale price $600,000 $225 Per Sq Ft

Est. 139% increase in value since last sale

Current estimated payment $8,172/month

155 Days on Market

Highlights

  • Dumbwaiter
  • Mediterranean Architecture
  • No HOA
  • Herbert Hoover High School Rated A-
  • Private Yard
  • Home Office

About This Home

As of April 2013

***BOM 11/28/12, BUYER DID NOT QUALIFY, SOLD WITH MULTIPLE OFFERS WHEN FIRST HIT THE MARKET on 7/3/12 ****** 3 UNIT IN PRIME LOCATION ABOVE GLENOAKS BLVD. CONSISTS OF ONE DETACHED 3 BEDROOM/2 BATH SINGLE FAMILY DWELLING(appx. 1550sf) AND TWO ATTACHED UNITS IN THE REAR(1,145sf combined) EACH 1 BED/1 BATH. FRONT UNIT IS FULLY REMODELED AND LEASED FOR $2,500 A MONTH. REAR UNITS ARE EACH ON MONTH TO MONTH FOR $1,000. FRONT HOUSE CAN BE DELIVERED VACANT IF NEEDED. SEPERATE METERS.

Last Agent to Sell the Property

Edmond Khudyan

Coldwell Banker Hallmark License #01196809 Listed on: 07/05/2012

Coldwell Banker Hallmark

Last Buyer's Agent

Tigran Arutunian

Discovery Realty and Finance License #00991108

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,375

Year Built

  • Built in 1941

Lot Details

  • 7,485 Sq Ft Lot
  • Landscaped
  • Private Yard
  • Front Yard

Parking

  • 2 Car Garage
  • 2 Carport Spaces

Home Design

  • Mediterranean Architecture
  • Property Attached

Interior Spaces

  • Walk-In Closet
  • 2,672 Sq Ft Home
  • Formal Entry
  • Home Office

Kitchen

  • Dumbwaiter
  • Gas and Electric Range
  • Dishwasher
  • Disposal

Laundry

  • Laundry Room
  • Laundry in Garage

Outdoor Features

  • Rain Gutters

Listing and Financial Details

  • Assessor Parcel Number 5623015010

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $480
  • Insurance Expense $2,600
  • Pest Control $600
  • Water Sewer Expense $1,800
  • Operating Expense $18,475
  • Net Operating Income $35,525

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,375

Year Built

Built in 1941

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 1800.00
  • Architectural Style: Mediterranean
  • Property Type: Residential Income
  • Gardener Expense: 480.00
  • Parcel Number: 5623015010
  • Year Built: 1941
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Interior Amenities: Dumbwaiter
  • Appliances: Yes
  • Levels: One
  • Price Per Square Foot: 224.55
  • Room Type: Formal Entry, Office, Walk-In Closet

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Laundry: Yes
  • Appliances: Gas & Electric Range, Dishwasher, Disposal
  • Laundry Features: In Garage
  • Pest Control Expense: 600.00

Condo/Co-op/Association

  • Association: No
  • Community Features: Gutters, Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Yard
  • Lot Size Sq Ft: 7485.00
  • Lot Size Acres: 0.1718

Multi Family

  • Gross Scheduled Income: 54000.00
  • Insurance Expense: 2600.00
  • Lot Size Area: 7485.0000 Square Feet
  • Maintenance Percent: 2000.00
  • Net Operating Income: 35525.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Operating Expense: 13220.00
  • Total Expenses: 18475.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • Tax Annual Amount: 9375.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 21, 2013
Sold by
Mkhitarian Armen and Mkhitarian Siran
Bought by
Mkhitarian Armen and Mkhitarian Siran
Current Estimated Value
$1,432,481

Purchase Details

Listed on
Jul 5, 2012
Closed on
Mar 25, 2013
Sold by
Mehrabi Armen and Sarkisyan Roman
Bought by
Mkhitarian Armen and Mkhitarian Siran
Seller's Agent
Edmond Khudyan
Coldwell Banker Hallmark
Buyer's Agent
Tigran Arutunian
Discovery Realty and Finance
Sold Price
$600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.05%

Purchase Details

Closed on
Jul 11, 2012
Sold by
Mehrabi Armen
Bought by
Mehrabi Armen and Sarkisyan Roman

Purchase Details

Listed on
Dec 23, 2011
Closed on
May 1, 2012
Sold by
Khudaverdyan Zhenya
Bought by
Mehrabi Armen
Seller's Agent
Raymond Ovsepyan
Windfall Realty Group Inc
Buyer's Agent
Edmond Khudyan
Coldwell Banker Hallmark
Sold Price
$425,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
9.29%
Original Mortgage
$275,000
Interest Rate
3.94%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 2, 2001
Sold by
Kim Chin I and Kim Ye Kyung
Bought by
Khudaverdyan Zhenya

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$285,300
Interest Rate
7.12%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Mkhitarian Armen -- None Available
Mkhitarian Armen $600,006 Lawyers Title Company
Mehrabi Armen -- Lawyers Title
Mehrabi Armen $425,000 Lawyers Title Company
Khudaverdyan Zhenya $317,000 Chicago Title
Khudaverdyan Zhenya -- Chicago Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Mehrabi Armen $275,000
Previous Owner Khudaverdyan Zhenya $285,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/01/2013 04/01/13 Sold $600,000 +41.2% $225 / Sq Ft
12/07/2012 12/07/12 Pending -- -- --
05/02/2012 05/02/12 Sold $425,000 -- $181 / Sq Ft View Prior Sale
12/23/2011 12/23/11 Pending -- -- --
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 $8,264 $738,844 $443,309 $295,535
2024 $8,264 $724,358 $434,617 $289,741
2023 $8,081 $710,156 $426,096 $284,060
2022 $7,941 $696,233 $417,742 $278,491
2021 $7,799 $682,582 $409,551 $273,031
2020 $7,688 $675,584 $405,352 $270,232
2019 $7,505 $662,338 $397,404 $264,934
2018 $7,299 $649,352 $389,612 $259,740
2016 $6,952 $624,139 $374,484 $249,655
2015 $6,811 $614,764 $368,859 $245,905
2014 $6,766 $602,723 $361,634 $241,089
Source: Public Records

Agents Affiliated with this Home

  • Edmond Khudyan

    Seller's Agent in 2013

    Edmond Khudyan

    Coldwell Banker Hallmark

    (818) 476-3000

    16 Total Sales

    Edmond Khudyan
    Section Image

  • T

    Buyer's Agent in 2013

    Tigran Arutunian

    Discovery Realty and Finance

    (818) 731-7180

    18 Total Sales

    Tigran Arutunian
    Section Image

  • R

    Seller's Agent in 2012

    Raymond Ovsepyan

    Windfall Realty Group Inc

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 12165963

California Regional Multiple Listing Service (CRMLS)

APN: 5623-015-010

California Los Angeles County Glendale 91201 Grandview

1147 Winchester Ave, Glendale, CA

Not Listed for Sale

MultiFamily

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