NOT LISTED FOR SALE

Glendale, CA 91206

Citrus Grove Neighborhood

Estimated Value: $1,436,942 - $1,640,000

4 Beds
4 Baths
2,986 Sq Ft
$514/Sq Ft Est. Value

Last Sold October 04, 2013

Last sale price $719,000 $241 Per Sq Ft

Est. 113% increase in value since last sale

Current estimated payment $8,837/month

53 Days on Market

Highlights

  • Craftsman Architecture
  • French Doors
  • South Facing Home
  • Laundry Room

About This Home

As of October 2013

This triplex shows true pride of ownership and boasts a lovely Craftsman style home in the front, featuring hardwood flooring and custom moldings in the living room,and a large dining area with French doors that open out to the patio. The master suite is oversized and complete with its own ample bathroom. The front house also offers central heating & air and private laundry. The two units in the rear were built in the Traditional style and have just as much charm including hardwood floors and a lovely bay window. Each one features a spacious living room, private bedroom and an eating area in the kitchen with access out to a lovely secluded yard.

Last Agent to Sell the Property

Cariy Hernandez

Keller Williams Realty License #01211566 Listed on: 08/02/2013

Keller Williams Realty

Last Buyer's Agent

Zaven Khanjian

Kanjyan Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1920

Lot Details

  • 7,800 Sq Ft Lot
  • South Facing Home

Parking

  • 3 Car Garage

Home Design

  • Craftsman Architecture
  • Raised Foundation

Interior Spaces

  • French Doors
  • Gas Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Room
  • Laundry in Kitchen

Utilities

  • Water Heater

Listing and Financial Details

  • Tenant pays for electricity, trash collection
  • Assessor Parcel Number 5645005014

Community Details

Overview

  • 3 Units

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • Insurance Expense $2,400
  • Water Sewer Expense $1,050
  • Operating Expense $13,350
  • Gross Income $44,940
  • Net Operating Income $31,590

Property Details

Home Type

Multi-Family

Year Built

Built in 1920

Lot Details

0

Parking

3

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1050.00
  • Architectural Style: Craftsman
  • Property Type: Residential Income
  • Parcel Number: 5645005014
  • Year Built: 1920
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Yes
  • Door Features: French Doors
  • Levels: One

Exterior Features

  • Direction Faces: South
  • Foundation: Raised

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Laundry: Yes
  • Appliances: Gas Range, Refrigerator, Water Heater
  • Laundry Features: In Kitchen

Condo/Co-op/Association

  • Senior Community: No

Green Features

  • Green Location: Transportation, Walkability

Lot Info

  • Lot Size Sq Ft: 7800.00
  • Lot Size Acres: 0.1800

Rental Info

  • Tenant Pays: Electricity, Trash Collection

Multi Family

  • Average1 Bed Area: 600 Square Feet
  • Average2 Bed Area: 1200 Square Feet
  • Gross Operating Income: 44940.00
  • Gross Scheduled Income: 44940.00
  • Insurance Expense: 2400.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 7800.0000 Square Feet
  • Net Operating Income: 31590.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Number With Patio: 3
  • Operating Expense: 13350.00
  • Total Actual Rent: 3745.00
  • Total Expenses: 13350.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 7, 2020
Sold by
Keushguerian George Levon and Keushguerian Betty Antoinette
Bought by
Keushguerian George Levon and Keushguerian Betty Antoinette
Current Estimated Value
$1,533,986

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Outstanding Balance
$418,040
Interest Rate
2.9%
Mortgage Type
New Conventional
Estimated Equity
$1,115,946

Purchase Details

Listed on
Aug 2, 2013
Closed on
Sep 9, 2013
Sold by
Raccippio Pamela S and Raccippio John A
Bought by
Keushguerian George Levon and Keushguerian Betty Antoinette
Seller's Agent
Cariy Hernandez
Keller Williams Realty
Buyer's Agent
Zaven Khanjian
Kanjyan Realty
List Price
$725,000
Sold Price
$719,000
Premium/Discount to List
-$6,000
-0.83%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.38%
Original Mortgage
$539,250
Interest Rate
4.57%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 9, 2012
Sold by
Raccippio John A and Raccippio Pamela S
Bought by
Raccippio Pamela S and Raccippio John A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$335,000
Interest Rate
3.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 10, 1997
Sold by
Raccippio John A and Sigismonti Pamela
Bought by
Raccippio John A and Raccippio Pamela S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$200,000
Interest Rate
7.94%

Purchase Details

Closed on
Dec 22, 1994
Sold by
Federal Home Loan Mortgage Corporation
Bought by
Raccippio John A and Sigismonti Pamela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$203,150
Interest Rate
9.28%

Purchase Details

Closed on
Aug 9, 1994
Sold by
Mejia Ruben and Mejia Ok Yon
Bought by
Countrywide Funding Corp

Purchase Details

Closed on
Jul 8, 1994
Sold by
Countrywide Funding Corp
Bought by
Federal Home Loan Mortgage Corporation
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Keushguerian George Levon -- Wfg National Title Co Of Ca
Keushguerian Matthew Levon -- Wfg Title Company Of Ca
Keushguerian George Levon $719,000 Equity Title Company
Raccippio Pamela S -- Lawyers Title
Raccippio John A -- Fidelity Title
Raccippio John A $220,000 World Title Company
Countrywide Funding Corp $160,000 World Title Company
Federal Home Loan Mortgage Corporation -- World Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Keushguerian George Levon $470,000
Closed Keushguerian George Levon $539,250
Previous Owner Raccippio Pamela S $335,000
Previous Owner Raccippio John A $200,000
Previous Owner Raccippio John A $203,150
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/04/2013 10/04/13 Sold $719,000 -0.8% $241 / Sq Ft
09/24/2013 09/24/13 Pending -- -- --
08/02/2013 08/02/13 For Sale $725,000 -- $243 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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 $9,797 $881,385 $697,266 $184,119
2024 $9,797 $864,104 $683,595 $180,509
2023 $9,578 $847,162 $670,192 $176,970
2022 $9,413 $830,551 $657,051 $173,500
2021 $9,244 $814,267 $644,168 $170,099
2020 $9,113 $805,918 $637,563 $168,355
2019 $8,895 $790,116 $625,062 $165,054
2018 $8,681 $774,624 $612,806 $161,818
2016 $8,270 $744,547 $589,011 $155,536
2015 $8,103 $733,364 $580,164 $153,200
2014 $8,045 $719,000 $568,800 $150,200
Source: Public Records

Agents Affiliated with this Home

  • Cariy Hernandez

    Seller's Agent in 2013

    Cariy Hernandez

    Keller Williams Realty

    (626) 862-3591

    82 Total Sales

    Cariy Hernandez
    Section Image

  • Z

    Buyer's Agent in 2013

    Zaven Khanjian

    Kanjyan Realty

    Section Image
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Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-22178267

Pasadena-Foothills Association of REALTORS®

APN: 5645-005-014

California Los Angeles County Glendale 91206

Citrus Grove

Not Listed for Sale

MultiFamily

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