NOT LISTED FOR SALE

Estimated Value: $1,197,000 - $1,509,000

4 Beds
3 Baths
2,104 Sq Ft
$642/Sq Ft Est. Value

Last Sold April 27, 2015

Last sale price $755,000 $359 Per Sq Ft

Est. 79% increase in value since last sale

Current estimated payment $7,971/month

29 Days on Market

Highlights

  • Living Room
  • Laundry Room
  • Back Yard
  • Herbert Hoover High School Rated A-
  • Tile Flooring

About This Home

As of April 2015

Investor Special!!! An absolute stunning Triplex in the beautiful city of Glendale! An income booster for all Investors alike! The main unit to this amazing property is a spacious 3 bedrooms, 1 bathroom home which features a formal dining area near the kitchen, tile flooring, recently upgraded kitchen cabinets and granite counter tops! The other two units are adorable 1 bedroom, 1 bath units with identical layouts. This property is in a very desirable location near The Americana, the Glendale Galleria, schools, parks and plenty of entertainment for all. (Please do not disturb tenants)

Last Agent to Sell the Property

Polly Watts

Shelter Club Realty, Inc. License #00895696 Listed on: 01/15/2015

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,939

Year Built

  • Built in 1948

Lot Details

  • 6,996 Sq Ft Lot
  • No Common Walls
  • Chain Link Fence
  • Back Yard

Parking

  • 3 Parking Spaces

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,104 Sq Ft Home
  • Living Room
  • Laundry Room

Flooring

  • Carpet
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Listing and Financial Details

  • Tax Lot 40
  • Tax Tract Number 393
  • Assessor Parcel Number 5641014022

Community Details

Overview

  • 2 Buildings
  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 3 Separate Water Meters
  • Electric Expense $575
  • Gardener Expense $1,134
  • Pest Control $1,060
  • Water Sewer Expense $1,565
  • Gross Income $4,050

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,939

Year Built

Built in 1948

Lot Details

0

Listing Details

  • Other Phone Number: 866-640-3040
  • Property Attached: No
  • Water Sewer Expenses: 1565.00
  • Property Type: Residential Income
  • Gardener Expense: 1134.00
  • Parcel Number: 5641014022
  • Year Built: 1948
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Carpet, Tile
  • Price Per Square Foot: 358.84
  • Room Type: Living Room

Exterior Features

  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition, Shingle

Garage/Parking

  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected, Water Connected
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Pest Control Expense: 1060.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Sidewalks

Lot Info

  • Lot Features: Back Yard
  • Lot Size Sq Ft: 6996.00
  • Lot Size Acres: 0.1610

Multi Family

  • Electric Expense: 575.00
  • Gross Income: 4050.00
  • Gross Scheduled Income: 48600.00
  • Lot Size Area: 6996.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 3
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Lot: 40
  • Tax Tract Number: 393
  • Tax Year: 2014

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 15, 2015
Closed on
Mar 26, 2015
Sold by
West Ridge Rentals Llc
Bought by
Der Sahakian Narek
Seller's Agent
Polly Watts
Shelter Club Realty, Inc.
List Price
$800,000
Sold Price
$755,000
Premium/Discount to List
-$45,000
-5.62%
Current Estimated Value
$1,351,249

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$596,249
Avg. Annual Appreciation
5.71%
Original Mortgage
$562,500
Outstanding Balance
$433,966
Interest Rate
3.8%
Mortgage Type
New Conventional
Estimated Equity
$917,283

Purchase Details

Closed on
Jun 12, 2013
Sold by
Mid Cal Real Services Inc
Bought by
West Ridge Rentals Llc

Purchase Details

Closed on
Jun 4, 2013
Sold by
Keefer Apolonia
Bought by
Mid Cal Realty Serices Inc

Purchase Details

Closed on
Sep 6, 2008
Sold by
Polaris International Llc
Bought by
Keefe Apolonia

Purchase Details

Closed on
Aug 7, 2006
Sold by
Keefe Apolonia
Bought by
Polaris International Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Jul 20, 2006
Sold by
Bondoc Allan Jay
Bought by
Keefe Apolonia

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$650,000
Interest Rate
2%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 3, 2004
Sold by
Quilala Ricardo F
Bought by
Bondoc Allan Jay

Purchase Details

Closed on
Sep 22, 2003
Sold by
Quilala Tessie
Bought by
Quilala Ricardo F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,000
Interest Rate
7.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Aug 27, 2003
Sold by
Aguilera Margarito C
Bought by
Quilata Ricardo F

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$437,000
Interest Rate
7.9%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 7, 2001
Sold by
Aguilera Diane J
Bought by
Aguilera Margarito C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,000
Interest Rate
6.9%
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
Der Sahakian Narek $755,000 Title 365
West Ridge Rentals Llc -- Accommodation
Mid Cal Realty Serices Inc $525,600 Accommodation
Keefe Apolonia -- None Available
Polaris International Llc -- Accommodation
Keefe Apolonia -- Investors Title Company
Bondoc Allan Jay -- --
Quilala Ricardo F -- Gateway Title Company
Quilata Ricardo F $460,000 Gateway Title Company
Aguilera Margarito C -- Benefit Land Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Der Sahakian Narek $562,500
Previous Owner Keefe Apolonia $650,000
Previous Owner Quilata Ricardo F $437,000
Previous Owner Aguilera Margarito C $146,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2015 04/27/15 Sold $755,000 -5.6% $359 / Sq Ft
02/13/2015 02/13/15 Pending -- -- --
01/15/2015 01/15/15 For Sale $800,000 -- $380 / 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 $9,939 $907,387 $679,040 $228,347
2024 $9,939 $889,596 $665,726 $223,870
2023 $9,714 $872,154 $652,673 $219,481
2022 $9,544 $855,054 $639,876 $215,178
2021 $9,378 $838,289 $627,330 $210,959
2020 $9,244 $829,694 $620,898 $208,796
2019 $9,020 $813,426 $608,724 $204,702
2018 $8,873 $797,478 $596,789 $200,689
2016 $8,465 $766,513 $573,616 $192,897
2015 $6,784 $614,764 $491,812 $122,952
2014 -- $602,723 $482,179 $120,544
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW15009969

California Regional Multiple Listing Service (CRMLS)

APN: 5641-014-022