NOT LISTED FOR SALE

1401 N Central Ave Unit 29 Glendale, CA 91202

Verdugo Viejo Neighborhood

Estimated Value: $538,262 - $600,000

1 Bed
1 Bath
774 Sq Ft
$280/ mo HOA Fee

Last Sold March 25, 2022

Last sale price $555,000 $717 Per Sq Ft

Est. 5% increase in value since last sale

Current estimated payment $3,900/month

8 Days on Market

Highlights

  • Corral
  • 0.88 Acre Lot
  • Wood Flooring
  • Herbert Hoover High School Rated A-
  • Midcentury Modern Architecture
  • Covered Patio or Porch

About This Home

As of March 2022

Located at the top of palm-tree-lined Central Ave where it intersects with Mountain St and just doors from beautiful single-family homes is the classic Royal Palms condominium complex. This modest 30-unit collection features lush landscaping and vintage tropical mid-century architecture. #29 is a second floor unit tucked away toward the back of the complex with close-by access to its single dedicated garage parking space and the community laundry. The top floor location ensures the unit gets lots of natural sunlight into the south-facing Living Room, Bedroom and private covered Patio. With laminate flooring throughout, a just-refreshed Bathroom, fresh paint and modern lighting this unit is bright and cheerful. There is HOA provided central AC and unit-specific electric radiant heat in the ceiling. The $280/mo HOA fee includes hot/cold water, electricity and trash (unit does not have natural gas). Pets allowed with a 25 lb weight limit for dogs.

Last Agent to Sell the Property

Chris Cragnotti

G&C Properties License #01401809 Listed on: 02/15/2022

Last Buyer's Agent

Carlo Gharibian

Coldwell Banker Hallmark License #01453004

Coldwell Banker Hallmark

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1962

Lot Details

  • 1 Common Wall
  • East Facing Home

HOA Fees

  • $280 Monthly HOA Fees

Parking

  • 1 Car Attached Garage
  • Parking Storage or Cabinetry
  • Parking Available
  • Single Garage Door
  • Garage Door Opener
  • Parking Lot
  • Assigned Parking

Home Design

  • Midcentury Modern Architecture
  • Composition Roof
  • Stucco

Interior Spaces

  • 774 Sq Ft Home
  • Dining Room
  • Laundry Room

Kitchen

  • Electric Oven
  • Electric Cooktop
  • Tile Countertops
  • Disposal

Flooring

  • Wood
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Full Bathroom

Home Security

Outdoor Features

  • Balcony
  • Covered Patio or Porch

Horse Facilities and Amenities

  • Corral

Utilities

  • Central Air
  • Hot Water Heating System
  • 220 Volts in Kitchen
  • Central Water Heater
  • Sewer Paid

Listing and Financial Details

  • Assessor Parcel Number 5633005047

Community Details

Overview

  • Master Insurance
  • 30 Units
  • Royal Palms Association
  • Beven & Brock HOA
  • Not Applicable 105 Subdivision

Amenities

  • Laundry Facilities

Pet Policy

  • Pets Allowed with Restrictions

Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Year Built

Built in 1962

Lot Details

0.88 Acres

HOA Fees

$280 per month

Parking

1

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • Security: Carbon Monoxide Detector(s), Smoke Detector(s)
  • Subdivision Name Other: Not Applicable-105
  • Zoning: GLR1*
  • Architectural Style: Mid Century Modern
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5633005047
  • Year Built: 1962
  • Special Features: None

Interior Features

  • Living Area: 774.00
  • Interior Amenities: Balcony
  • Common Walls: 1 Common Wall
  • Flooring: Tile, Laminate, Wood
  • Appliances: Yes
  • Full Bathrooms: 1
  • Total Bedrooms: 1
  • Eating Area: Dining Room
  • Levels: One
  • Price Per Square Foot: 717.05
  • Room Kitchen Features: Tile Counters

Exterior Features

  • Patio: Yes
  • Direction Faces: East
  • Exterior Features: Corral
  • Patio And Porch Features: Covered
  • Roof: Composition
  • Construction Materials: Stucco

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Built-In Storage, Garage Door Opener, Assigned, Garage - Single Door, Parking Space
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Cooktop, Electric Oven, Water Heater Central, Disposal, Refrigerator
  • Electric: 220 Volts in Kitchen
  • Heating Type: Electric
  • Laundry Features: Community
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Hot Water, Pet Rules, Electricity, Insurance, Sewer, Trash, Water
  • Association Fee: 280.00
  • Association Fee Frequency: Monthly
  • Association Name: Royal Palms Association
  • Association Management: Beven & Brock

Lot Info

  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Size Sq Ft: 38668.00
  • Lot Size Acres: 0.8800

Multi Family

  • Lease Considered: No
  • Lot Size Area: 38668.0000 Square Feet
  • Number Of Units In Community: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 15, 2022
Closed on
Feb 24, 2022
Sold by
Maloof Glenn E and Maloof Suzi S
Bought by
Nazarian Shake
Seller's Agent
Chris Cragnotti
G&C Properties
Buyer's Agent
Carlo Gharibian
Coldwell Banker Hallmark
List Price
$435,000
Sold Price
$555,000
Premium/Discount to List
$120,000
27.59%
Current Estimated Value
$581,566

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$26,566
Avg. Annual Appreciation
1.18%
Original Mortgage
$386,250
Outstanding Balance
$360,760
Interest Rate
3.89%
Mortgage Type
New Conventional
Estimated Equity
$220,806

Purchase Details

Closed on
Apr 15, 2005
Sold by
Lucas Marcia and The Marcia Lucas Living Trust
Bought by
Ewing Linda C and Linda C Ewing Living Trust

Purchase Details

Closed on
Mar 10, 2004
Sold by
Howard Tyrone M and The Melody C Libonati Living T
Bought by
Maloof Glenn E and Maloof Suzi S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Feb 8, 2004
Sold by
Libonati Melody C
Bought by
The Melody C Libonati Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$188,000
Interest Rate
5.57%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Apr 8, 1996
Sold by
Moe Kathryn L
Bought by
Libonati Melody C

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$47,700
Interest Rate
7.41%
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
Nazarian Shake $555,000 Chicago Title
Ewing Linda C -- Chicago Title
Maloof Glenn E $235,000 Equity Title Company
The Melody C Libonati Living Trust -- --
Libonati Melody C $68,000 Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Nazarian Shake $386,250
Previous Owner Maloof Glenn E $188,000
Previous Owner Libonati Melody C $47,700
Closed Maloof Glenn E $47,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
03/25/2022 03/25/22 Sold $555,000 +27.6% $717 / Sq Ft
02/23/2022 02/23/22 Pending -- -- --
02/15/2022 02/15/22 For Sale $435,000 -- $562 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $6,390 $588,969 $420,768 $168,201
2024 $6,390 $577,421 $412,518 $164,903
2023 $6,244 $566,100 $404,430 $161,670
2022 $3,529 $314,832 $200,422 $114,410
2021 $3,468 $308,660 $196,493 $112,167
2019 $3,335 $299,507 $190,666 $108,841
2018 $3,276 $293,635 $186,928 $106,707
2016 $3,124 $282,234 $179,670 $102,564
2015 $2,974 $270,000 $172,600 $97,400
2014 $2,576 $230,000 $147,000 $83,000
Source: Public Records

Agents Affiliated with this Home

  • Chris Cragnotti

    Seller's Agent in 2022

    Chris Cragnotti

    G&C Properties

    (818) 244-5499

    5 in this area

    55 Total Sales

    Chris Cragnotti
    Section Image
  • Carlo Gharibian

    Buyer's Agent in 2022

    Carlo Gharibian

    Coldwell Banker Hallmark

    (818) 476-3000

    1 in this area

    22 Total Sales

    Carlo Gharibian
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 320009229

California Regional Multiple Listing Service (CRMLS)

APN: 5633-005-047

California Los Angeles County Glendale 91202 Verdugo Viejo

1401 N Central Ave Unit 29, Glendale, CA

Not Listed for Sale

Condos

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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