NOT LISTED FOR SALE

Estimated Value: $1,043,000 - $1,682,000

3 Beds
2 Baths
1,555 Sq Ft
$801/Sq Ft Est. Value

Last Sold July 02, 2015

Last sale price $666,750 $429 Per Sq Ft

Est. 87% increase in value since last sale

Current estimated payment $7,542/month

11 Days on Market

Highlights

  • Horse Property
  • Paved or Partially Paved Lot
  • 4-minute walk to Bette Davis Park
  • Herbert Hoover High School Rated A-
  • Back and Front Yard

About This Home

As of July 2015

Rare Find! Duplex in Glendale Rancho!! 1 bedroom unit features living room / formal dining area, kitchen with washer / dryer hook-ups, hardwood floors, and 1 parking space. Tenant has been there since 1993. Back unit is owner's unit that features 2 bedrooms, formal dining room, living room with fireplace, separate laundry room, private backyard, and use of 2-car garage.

Last Agent to Sell the Property

Brad Korb

Brad Korb Real Estate Group License #00698730 Listed on: 05/11/2015

Last Buyer's Agent

Charles Dunn

NAI Capital, Inc. License #00965553

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,645

Year Built

  • Built in 1951

Lot Details

  • 5,534 Sq Ft Lot
  • 1 Common Wall
  • Paved or Partially Paved Lot
  • Back and Front Yard

Parking

  • 2 Car Garage

Home Design

  • 1,555 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Outdoor Features

  • Horse Property
  • Exterior Lighting

Listing and Financial Details

  • Tax Lot 43
  • Tax Tract Number 10391
  • Assessor Parcel Number 5626008007

Community Details

Overview

  • 2 Units

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $1,200
  • Water Sewer Expense $1,200
  • New Taxes Expense $8,375
  • Gross Income $3,190
  • Net Operating Income $26,305

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,645

Year Built

Built in 1951

Lot Details

0

Parking

2

Listing Details

  • CapRate: 3.90
  • Property Attached: Yes
  • Water Sewer Expenses: 1200.00
  • Property Type: Residential Income
  • Parcel Number: 5626008007
  • Year Built: 1951
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 1 Common Wall
  • Price Per Square Foot: 428.78

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 2.00
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Sewer Connected
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Community Features: Curbs, Street Lights

Lot Info

  • Lot Features: Back Yard, Front Yard, Horse Property, Paved
  • Lot Size Sq Ft: 5534.00
  • Price Per Lot Square Foot: 120.48
  • Lot Size Acres: 0.1270

Multi Family

  • Gross Income: 3190.00
  • Gross Multiplier: 17.50
  • Gross Scheduled Income: 38280.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 5534.0000 Square Feet
  • Net Operating Income: 26305.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 11975.00
  • Rent Control: No

Tax Info

  • New Taxes Expense: 8375.00
  • Tax Lot: 43
  • Tax Tract Number: 10391

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 3, 2020
Sold by
Herrill Matthew Lawrence and Herrill Maryanne
Bought by
Herrill Matthew and Herrill Maryanne
Current Estimated Value
$1,246,087

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$431,000
Outstanding Balance
$386,145
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$859,942

Purchase Details

Listed on
May 11, 2015
Closed on
Jun 1, 2015
Sold by
Hsu William W
Bought by
Herrill Matthew Lawrence and Herrill Maryanne
Seller's Agent
Brad Korb
Brad Korb Real Estate Group
Buyer's Agent
Charles Dunn
NAI Capital, Inc.
List Price
$669,966
Sold Price
$666,750
Premium/Discount to List
-$3,216
-0.48%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.37%
Original Mortgage
$466,750
Interest Rate
3.81%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 26, 2012
Sold by
Hsu William W and Hsu Betty
Bought by
Hsu William W and Hsu Betty
Source: Public Records

Range of Values:

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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
Herrill Matthew -- Lawyers Title Company
Herrill Matthew Lawrence $667,000 Fidelity Sherman Oaks
Hsu William W -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Herrill Matthew $431,000
Closed Herrill Matthew Lawrence $466,750
Previous Owner Hsu William W $298,000
Previous Owner Hsu William W $166,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2015 07/02/15 Sold $666,750 -0.5% $429 / Sq Ft
05/22/2015 05/22/15 Pending -- -- --
05/11/2015 05/11/15 For Sale $669,966 -- $431 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $8,645 $789,290 $469,668 $319,622
2024 $8,645 $773,814 $460,459 $313,355
2023 $8,450 $758,642 $451,431 $307,211
2022 $8,302 $743,768 $442,580 $301,188
2021 $8,160 $729,185 $433,902 $295,283
2020 $8,043 $721,709 $429,453 $292,256
2019 $7,848 $707,559 $421,033 $286,526
2018 $7,684 $693,686 $412,778 $280,908
2016 $7,332 $666,750 $396,750 $270,000
2015 $4,318 $390,330 $234,201 $156,129
2014 -- $382,685 $229,614 $153,071
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB15100440

California Regional Multiple Listing Service (CRMLS)

APN: 5626-008-007