NOT LISTED FOR SALE

129 S Cedar St Glendale, CA 91205

Citrus Grove Neighborhood

Estimated Value: $1,062,000 - $1,370,479

3 Beds
2 Baths
1,480 Sq Ft
$817/Sq Ft Est. Value

Last Sold May 28, 2021

Last sale price $905,000 $611 Per Sq Ft

Est. 34% increase in value since last sale

Current estimated payment $7,299/month

13 Days on Market

About This Home

As of May 2021

Duplex consists of two freestanding structures: first is 1,064 square feet, 2 bed, 1 bath; second is 416 square feet, 1 bed, 1 bath. Both units are currently being rented out/are occupied and limited to drive by showings only. Showings of interior spaces subject to accepted offer and interior inspection. Great rental income opportunity in a popular area near shopping, dining, and entertainment.

Last Agent to Sell the Property

Mark Cianciulli

The CREM Group License #01990266 Listed on: 04/14/2021

Last Buyer's Agent

Taline Soualian

License #01937721

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,683

Year Built

  • Built in 1914

Lot Details

  • 7,245

Parking

  • Garage

Home Design

  • 1,480 Sq Ft Home
  • Duplex

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Additional Features

  • 7,245 Sq Ft Lot
  • Cooling System Mounted To A Wall/Window

Community Details

  • 2 Buildings
  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5674-009-019

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,683

Year Built

Built in 1914

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Advertising Remarks: Duplex consists of two freestanding structures: first is 1,064 square feet, 2 bed, 1 bath; second is 416 square feet, 1 bed, 1 bath. Both units are currently being rented out/are occupied and limited to drive by showings only. Showings of interior spaces subject to accepted offer and interior inspection. Great rental income opportunity in a popular area near shopping, dining, and entertainment.
  • Living Area: 1480
  • Lot Acreage: 0.1663
  • Probate: Yes
  • Year Built: 1914
  • Number Of Photos: 38
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 3
  • Total Bathrooms: 2.00
  • Price Per S Q F T: 593.92

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Garage Is Detached

Utilities

  • Cooling: Wall/Window

Schools

  • School District: Glendale Unified

Lot Info

  • Assessed Improvement Percent: 32.63
  • Assessed Improvement Value: 50538
  • Assessed Land Percent: 67.37
  • Assessed Land Value: 104348
  • Total Assessed Value: 154886
  • Assessor Parcel Number: 5674-009-019
  • Lot Size Area: 7245

Rental Info

  • Number Leased: 2
  • Court Approve: No

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 23.66
  • Number Of Units: 2
  • Total Annual Expense: 12999
  • Type Of Units: Duplex
  • Vacancy Rate: 0

MLS Schools

  • School District: Glendale Unified

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 14, 2021
Closed on
Apr 29, 2021
Sold by
Wesson Bernard C and Estate Of Kenneth W Binder
Bought by
Galvez Alex
Seller's Agent
Mark Cianciulli
The CREM Group
Buyer's Agent
Taline Soualian
List Price
$879,000
Sold Price
$905,000
Premium/Discount to List
$26,000
2.96%
Current Estimated Value
$1,208,870

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$303,870
Avg. Annual Appreciation
6.88%
Original Mortgage
$678,750
Outstanding Balance
$614,155
Interest Rate
3%
Mortgage Type
New Conventional
Estimated Equity
$594,715
Source: Public Records

Range of Values:

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Average Value
Not Available
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
Galvez Alex $905,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Galvez Alex $678,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/28/2021 05/28/21 Sold $905,000 +3.0% $611 / Sq Ft
04/27/2021 04/27/21 Pending -- -- --
04/14/2021 04/14/21 For Sale $879,000 -- $594 / 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 $10,683 $979,599 $649,458 $330,141
2024 $10,683 $960,392 $636,724 $323,668
2023 $10,440 $941,562 $624,240 $317,322
2022 $10,259 $923,100 $612,000 $311,100
2021 $1,942 $156,490 $105,429 $51,061
2020 $1,914 $154,886 $104,348 $50,538
2019 $1,872 $151,850 $102,302 $49,548
2018 $1,770 $148,874 $100,297 $48,577
2016 $1,674 $143,095 $96,403 $46,692
2015 $1,642 $140,946 $94,955 $45,991
2014 $1,643 $138,186 $93,095 $45,091
Source: Public Records

Agents Affiliated with this Home

  • Mark Cianciulli

    Seller's Agent in 2021

    Mark Cianciulli

    The CREM Group

    (949) 285-0343

    2 in this area

    201 Total Sales

    Mark Cianciulli
    Section Image

  • T

    Buyer's Agent in 2021

    Taline Soualian

  • R

    Buyer Co-Listing Agent in 2021

    Raffi Soualian

See All Agents

Map

Source: The MLS

MLS Number: 21-715774

The MLS

APN: 5674-009-019

California Los Angeles County Glendale 91205 Citrus Grove

129 S Cedar St, Glendale, CA

This home is located at 129 S Cedar St, Glendale, CA 91205 since 14 April 2021 and is currently estimated at $1,208,870, approximately $816 per square foot. This property was built in 1914. 129 S Cedar St is a home located in Los Angeles County with nearby schools including John Marshall Elementary School, Woodrow Wilson Middle School, and Glendale High School.

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