Seller's Agent in 2014
Tin-Jon Syiau
RAC Development Inc.
(888) 584-9427
18 Total Sales
1441 Lake St Glendale, CA 91201
Riverside Rancho NeighborhoodEstimated Value: $1,336,000 - $2,211,000
8
Beds
4
Baths
4,890
Sq Ft
$375/Sq Ft
Est. Value
Highlights
- 0.27 Acre Lot
- Herbert Hoover High School Rated A-
- Central Heating
About This Home
As of July 2014This spacious 4 unit condo complex conveniently located near the 5, 134 Fwy, Griffith Park, L.A. Zoo, and Glendale Galleria. The property has 2 separate two-story buildings with 2 units each building. There is a detached 4 car garage with plenty of street parking and common area in the back of the property. Each unit has its own electric and gas meters. Both upstairs units are currently vacant and have been upgraded and remodeled with new kitchens, bathrooms, paint, and flooring. All windows have been upgraded and replaced. Excellent income property with no rent control and easy rentals. Outstanding schools. Do not miss this great opportunity!
Last Agent to Sell the Property
RAC Development Inc. License #01913608 Listed on: 03/28/2014
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $13,561
Year Built
- Built in 1921
Lot Details
- 0.27 Acre Lot
- 1 Common Wall
- Density is 2-5 Units/Acre
Parking
- 4 Car Garage
Home Design
- 4,890 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 8 Bedrooms
- 4 Bathrooms
Outdoor Features
- Rain Gutters
Utilities
- Central Heating
- Wall Furnace
Listing and Financial Details
- Tax Lot 2
- Tax Tract Number 4593
- Assessor Parcel Number 5626025028
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $2,742
- Water Sewer Expense $2,500
- Gross Income $5,700
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 28, 2014
Closed on
Jun 2, 2014
Sold by
Rac Development Inc
Bought by
Vargo Mark and Clark Christine
Seller's Agent
Tin-Jon Syiau
RAC Development Inc.
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$1,080,000
Sold Price
$1,005,000
Premium/Discount to List
-$75,000
-6.94%
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$830,867
Avg. Annual Appreciation
6.04%
Original Mortgage
$603,000
Interest Rate
4.07%
Mortgage Type
New Conventional
Purchase Details
Closed on
Jul 26, 2013
Sold by
Isabelo Maria Aurora
Bought by
Rac Development Inc and Rac Development Inc Investment Trust Pro
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$510,000
Interest Rate
4.51%
Mortgage Type
Unknown
Purchase Details
Closed on
Dec 23, 2004
Sold by
Escobedo Jose Luis
Bought by
Isabelo Maria Aurora
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
4.32%
Mortgage Type
Negative Amortization
Purchase Details
Closed on
Dec 21, 2004
Sold by
Torres Rose Joy
Bought by
Isabelo Maria Aurora
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$570,000
Interest Rate
4.32%
Mortgage Type
Negative Amortization
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Vargo Mark | $1,005,000 | Ticor Title Company | |
| Rac Development Inc | -- | None Available | |
| Isabelo Maria Aurora | -- | Orange Coast Title | |
| Isabelo Maria Aurora | -- | Orange Coast Title | |
| Isabelo Maria Aurora | -- | Orange Coast Title |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Vargo Mark | $550,000 | |
| Closed | Vargo Mark | $600,000 | |
| Closed | Vargo Mark | $603,000 | |
| Previous Owner | Rac Development Inc | $510,000 | |
| Previous Owner | Isabelo Maria Aurora | $200,000 | |
| Previous Owner | Isabelo Maria Aurora | $570,000 | |
| Previous Owner | Isabelo Maria Aurora | $570,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/11/2014 07/11/14 | Sold | $1,005,000 | -6.9% | $206 / Sq Ft |
| 04/05/2014 04/05/14 | Pending | -- | -- | -- |
| 03/28/2014 03/28/14 | For Sale | $1,080,000 | -- | $221 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $13,561 | $1,215,452 | $727,114 | $488,338 |
| 2024 | $13,561 | $1,191,620 | $712,857 | $478,763 |
| 2023 | $13,260 | $1,168,256 | $698,880 | $469,376 |
| 2022 | $13,032 | $1,145,350 | $685,177 | $460,173 |
| 2021 | $12,794 | $1,122,893 | $671,743 | $451,150 |
| 2019 | $12,313 | $1,089,590 | $651,820 | $437,770 |
| 2018 | $11,955 | $1,061,546 | $639,040 | $422,506 |
| 2016 | $11,382 | $1,020,326 | $614,226 | $406,100 |
| 2015 | $11,153 | $1,005,000 | $605,000 | $400,000 |
| 2014 | $9,713 | $860,000 | $520,000 | $340,000 |
Source: Public Records
Agents Affiliated with this Home
-
Tin-Jon Syiau
-
NoEmail NoEmail
N
Buyer's Agent in 2014
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
5,809 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: AR14063834
APN: 5626-025-028
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