NOT LISTED FOR SALE

1401 N Central Ave Unit 7 Glendale, CA 91202

Verdugo Viejo Neighborhood

Estimated Value: $707,000 - $802,000

2 Beds
2 Baths
1,313 Sq Ft
$477/mo HOA Fee

Last Sold June 29, 2021

Last sale price $625,000 $476 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,042/month

8 Days on Market

Highlights

  • City View
  • 0.89 Acre Lot
  • Ground Level Unit
  • Herbert Hoover High School Rated A-
  • End Unit
  • Den

About This Home

As of June 2021

Welcome to this prime north west Glendale location with easy access to shopping and transportation. The Royal Palms is a beautifully landscaped 1962 mid-century complex of 30 condominium units. This first floor rear unit boasts a large 1,313 sq. ft. of living space. A spacious living room with laminate floors opens up to a dining area and family room (which can be easily converted to a third bedroom). The kitchen has been updated with quartz countertops, tiled backsplash and flooring, and modern stainless steel appliances. The large primary bedroom has an en-suite bathroom with a walk-in shower and tons of closet space. The second bedroom is also large and has excellent closet space as well. The main bathroom features an in-unit stacked washer/dryer area. There is a nice enclosed patio off the dining area. HOA monthly fee covers all utilities (not phone or cable), building insurance and maintenance. Shared private double garage with storage and convenient street parking. This is a jewel not to be missed!

Last Agent to Sell the Property

Rick Lemasters

Berkshire Hathaway HomeServices California Properties License #01809152 Listed on: 05/18/2021

Berkshire Hathaway HomeServices California Properties

Last Buyer's Agent

Zsuzsanna Nagy

License #01832306

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1962

Lot Details

  • 0.89

HOA Fees

  • $477 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Storage or Cabinetry

Property Views

  • City
  • Courtyard

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 1,313 Sq Ft Home
  • 2-Story Property
  • Plantation Shutters
  • Blinds
  • Dining Area
  • Den

Kitchen

  • Oven or Range
  • Dishwasher
  • Disposal

Flooring

  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Dryer
  • Washer

Utilities

  • Central Air
  • Radiant Heating System

Additional Features

  • Enclosed Patio or Porch
  • End Unit
  • Ground Level Unit

Listing and Financial Details

  • Assessor Parcel Number 5633-005-025

Community Details

Overview

  • Association fees include water, utilities, trash, sewer, maintenance paid, electricity, building and grounds
  • 30 Units
  • Royal Palms Association

Amenities

  • Laundry Facilities

Pet Policy

  • Pet Size Limit
  • Call for details about the types of pets allowed

Property Details

Home Type

Condominium

Year Built

Built in 1962

Lot Details

0

HOA Fees

$477 per month

Parking

1

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Garden Condo
  • Levels: Ground Level
  • Street Number Display: Yes
  • Complex Name: Royal Palms
  • Entry Floor: 1
  • Living Area: 1313
  • Lot Acreage: 0.8877
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 2
  • Year Built: 1962
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Flooring: Mixed, Laminate, Tile
  • Appliances: Electric
  • Bedrooms: 2
  • Full Bathroom: 1
  • Half Bathroom: 0
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 1
  • Eating Areas: Dining Area
  • Laundry: In Unit, Community
  • Total Bathrooms: 2.00
  • Equipment: Garbage Disposal, Dishwasher, Refrigerator, Dryer, Washer, Range/Oven
  • Price Per S Q F T: 468.39
  • Windows: Plantation Shutters, Window Blinds

Exterior Features

  • Other Features: End Unit
  • Patio: Enclosed
  • Pool: No
  • View: City, Courtyard
  • View: Yes

Garage/Parking

  • Garage Spaces: 1
  • Parking Garage: Garage - 1 Car, Built-In Storage
  • Total Parking: 1

Utilities

  • Cooling: Central
  • Earth Quake Ins: 0
  • Heating: Radiant

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA #2 Fee Frequency: Annually
  • Association Fees Include: Water, Utilities, Trash, Sewer, Maintenance Paid, Electricity, Building and Grounds
  • HOA Fees: 477.00
  • Management Company: Royal Palms Association
  • HOA: Yes

Association/Amenities

  • Pet Rules: Assoc Pet Rules, Call, Pets Permitted, Weight Limit

Lot Info

  • Assessor Parcel Number: 5633-005-025
  • Lot Size Area: 38668

Multi Family

  • Number Of Units: 30

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 14, 2017
Closed on
Apr 10, 2017
Sold by
Chisholm Janice L and Chisholm Family Trust
Bought by
Joseph Preston and Joseph Jill
Seller's Agent
Karen Volpei
Equity Union
Buyer's Agent
Rick LeMasters
Berkshire Hathaway Home Servic
List Price
$479,000
Sold Price
$465,000
Premium/Discount to List
-$14,000
-2.92%
Current Estimated Value
$757,593

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$292,593
Avg. Annual Appreciation
5.74%
Original Mortgage
$418,500
Outstanding Balance
$346,753
Interest Rate
4.14%
Mortgage Type
New Conventional
Estimated Equity
$410,840

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 18, 1997
Sold by
Chisholm Earl R and Chisholm Janice L
Bought by
Chisholm Earl and Chisholm Janice L
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Joseph Preston $465,000 Chicago Title Company
Ewing Linda C -- Chicago Title
Chisholm Earl -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Joseph Preston $418,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
06/29/2021 06/29/21 Sold $625,000 +1.6% $476 / Sq Ft
05/26/2021 05/26/21 Pending -- -- --
05/18/2021 05/18/21 For Sale $615,000 +32.3% $468 / Sq Ft
05/02/2017 05/02/17 Sold $465,000 -2.9% $354 / Sq Ft View Prior Sale
03/14/2017 03/14/17 For Sale $479,000 -- $365 / Sq Ft
Source: The MLS

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 $7,520 $676,517 $461,223 $215,294
2024 $7,359 $663,253 $452,180 $211,073
2023 $7,191 $650,249 $443,314 $206,935
2022 $7,064 $637,500 $434,622 $202,878
2021 $5,491 $498,571 $303,432 $195,139
2020 $5,410 $493,460 $300,321 $193,139
2019 $5,277 $483,785 $294,433 $189,352
2018 $5,209 $474,300 $288,660 $185,640
2016 $1,816 $166,232 $19,231 $147,001
2015 $1,779 $163,736 $18,943 $144,793
2014 $1,769 $160,529 $18,572 $141,957
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 21-732226

The MLS

APN: 5633-005-025