NOT LISTED FOR SALE

Terrace View 1517 E Garfield Ave Unit 48 Glendale, CA 91205

Somerset Neighborhood

Estimated Value: $455,000 - $578,000

1 Bed
1 Bath
715 Sq Ft
$684/Sq Ft Est. Value

About This Home

Specious and Luxurious unit in a very well kept condo complex. The Living room with plenty of natural light with big balcony, that has city view and vistas of downtown Glendale. Kitchen area with green granite counter tops with plenty of built in cabinet space. bedroom has a walk in closet and plenty of room and has the same view as the living room. Bathroom has bath tub and shower. This unit has central AC and heat. This unit is part of the condo complex that has pool, spa, well equipped Gym, and community room. One assigned parking space, as well as storage space.

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 30, 2019
Sold by
Gregorians Areg and Gregorians Anahid
Bought by
Zargarian Mine
Current Estimated Value
$489,146

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$279,200
Interest Rate
3.5%

Purchase Details

Closed on
Jan 25, 2011
Sold by
Federal National Mortgage Association
Bought by
Gregorians Areg and Gregorians Anahid

Purchase Details

Closed on
Jan 5, 2010
Sold by
Poghosyan Myasnik
Bought by
Federal National Mortgage Association

Purchase Details

Closed on
Mar 7, 2007
Sold by
Soghomonyan Armen
Bought by
Poghosyan Myasnik

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$260,000
Interest Rate
6.29%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 19, 2003
Sold by
Tabekakyan Ararat and Tobekhakyan Ararat
Bought by
Soghomonyan Armen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 8, 2003
Sold by
Alexanyan Kharik
Bought by
Tobekhakyan Ararat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$166,250
Interest Rate
5.37%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 1, 2003
Sold by
Villanueva Victoria
Bought by
Tobekhakyan Ararat

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$116,800
Interest Rate
5.87%
Source: Public Records

Range of Values:

Collateral Analytics

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ICE

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Quantarium

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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
Zargarian Mine $349,000 Lawyers Title Company
Gregorians Areg $161,000 Stewart Title Of California
Federal National Mortgage Association $286,972 Landsafe Title
Poghosyan Myasnik $325,000 Southland Title
Soghomonyan Armen $175,000 Gateway Title Company
Tobekhakyan Ararat -- --
Tobekhakyan Ararat $146,000 American Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Zargarian Mine $279,000
Closed Zargarian Mine $279,200
Previous Owner Poghosyan Myasnik $260,000
Previous Owner Poghosyan Myasnik $65,000
Previous Owner Soghomonyan Armen $71,280
Previous Owner Soghomonyan Armen $166,250
Previous Owner Tobekhakyan Ararat $116,800
Closed Tobekhakyan Ararat $21,900
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/24/2025 08/24/25 Off Market $2,200 -- --
08/02/2025 08/02/25 For Rent $2,200 -- --

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 $4,169 $381,676 $260,722 $120,954
2024 $4,169 $374,193 $255,610 $118,583
2023 $4,075 $366,857 $250,599 $116,258
2022 $4,001 $359,665 $245,686 $113,979
2021 $3,933 $352,614 $240,869 $111,745
2020 $3,875 $349,000 $238,400 $110,600
2019 $2,086 $184,902 $84,642 $100,260
2018 $2,051 $181,278 $82,983 $98,295
2016 $1,952 $174,240 $79,761 $94,479
2015 $1,913 $171,623 $78,563 $93,060
2014 $1,902 $168,263 $77,025 $91,238
Source: Public Records

About Terrace View

Map

California Los Angeles County Glendale 91205 Somerset

1517 E Garfield Ave Unit 48, Glendale, CA

This home is located at 1517 E Garfield Ave Unit 48, Glendale, CA 91205 and is currently estimated at $489,146, approximately $684 per square foot. 1517 E Garfield Ave Unit 48 is a home located in Los Angeles County with nearby schools including John Muir Elementary School, Theodore Roosevelt Middle School, and Glendale High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

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