NOT LISTED FOR SALE

Estimated Value: $1,174,000 - $1,655,424

0.39 Acre
$3,670,606 Price per Acre
17,099 Sq Ft Lot

Last Sold October 04, 2017

Last sale price $1,085,000 $581 Per Sq Ft

Est. 33% increase in value since last sale

Current estimated payment $8,956/month

57 Days on Market

Highlights

  • 17,099 Sq Ft lot
  • Mountain View
  • No HOA

About This Lot

As of October 2017

Development opportunity in a highly desirable and high demand area. Possibility to build seven units or use expired plans for six PUDS. Large lot, other possibilities may be an option. Please check with city of Glendale. Two existing units are currently on the lot. Don't miss this one, with current rents and sales prices.

Last Agent to Sell the Property

Saro Dilanchian

Latitude Real Estate & Invest License #01314546 Listed on: 07/13/2017

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $13,446

Lot Details

  • 0.39 Acre Lot
  • Property is zoned GLR4*

Additional Features

  • Mountain Views
  • Urban Location
  • Private Water Source

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 5661017018

Property Details

Property Type

Land

Est. Annual Taxes

$13,446

Lot Details

0

Listing Details

  • View: Yes
  • Zoning: GLR4*
  • Property Type: Land
  • Parcel Number: 5661017018
  • Special Features: None
  • Property Sub Type: LotsLands

Interior Features

  • Price Per Square Foot: 63.45

Exterior Features

  • View: Mountain(s)

Utilities

  • Water Source: Private

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 17099.00

Tax Info

  • Tax Census Tract: 3010.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2025
Sold by
Fortunate Realty Corp
Bought by
Primior Capital Partners Vi Llc
Current Estimated Value
$1,440,856

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$5,911,000
Outstanding Balance
$5,880,979
Interest Rate
6.91%
Mortgage Type
Construction
Estimated Equity
-$4,440,123

Purchase Details

Listed on
Jul 13, 2017
Closed on
Aug 29, 2017
Sold by
Bazikyan Ivet and Mehrabyan Karmen
Bought by
Fortunate Realty Corp
Seller's Agent
Saro Dilanchian
Latitude Real Estate & Invest
List Price
$1,079,000
Sold Price
$1,085,000
Premium/Discount to List
$6,000
0.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.66%

Purchase Details

Closed on
Jul 1, 2016
Sold by
Bazikyan Ivet
Bought by
Bazikyan Ivet and Mehrabyan Karmen

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$470,000
Interest Rate
3.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 7, 2011
Sold by
Tatos Silva
Bought by
Bazikyan Ivet

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$398,400
Interest Rate
4.43%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 29, 2007
Sold by
Tatos Razmik
Bought by
Tatos Silva L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.73%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
May 23, 2007
Sold by
Brower Margaret L
Bought by
Tatos Silva L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.73%
Mortgage Type
Credit Line Revolving
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
Primior Capital Partners Vi Llc -- Western Resources Title
Fortunate Realty Corp $1,085,000 North American Title Co
Bazikyan Ivet -- Chicago Title Company
Mehrabyan Karmen -- Chicago Title Company
Bazikyan Ivet $498,000 Lawyers Title
Tatos Silva L -- First American Title Co La
Tatos Silva L $900,000 First American Title Co La
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Primior Capital Partners Vi Llc $5,911,000
Previous Owner Fortunate Realty Corp $200,000
Previous Owner Fortunate Realty Corp $150,000
Previous Owner Fortunate Realty Corp $620,750
Previous Owner Fortunate Realty Corp $500,000
Previous Owner Bazikyan Ivet $470,000
Previous Owner Bazikyan Ivet $398,400
Previous Owner Tatos Silva L $190,000
Previous Owner Tatos Silva L $650,000
Previous Owner Brower Margaret L $161,000
Previous Owner Brower Margaret L $20,283
Previous Owner Brower Margaret L $130,000
Previous Owner Brower Margaret L $108,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
10/04/2017 10/04/17 Sold $1,085,000 +0.6% $581 / Sq Ft
09/08/2017 09/08/17 Pending -- -- --
07/13/2017 07/13/17 For Sale $1,079,000 -- $578 / 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 $13,446 $1,234,541 $1,024,044 $210,497
2024 $13,446 $1,210,335 $1,003,965 $206,370
2023 $13,140 $1,186,604 $984,280 $202,324
2022 $12,912 $1,163,338 $964,981 $198,357
2021 $12,694 $1,140,528 $946,060 $194,468
2020 $12,512 $1,128,834 $936,360 $192,474
2019 $12,207 $1,106,700 $918,000 $188,700
2018 $12,007 $1,085,000 $900,000 $185,000
2016 $8,733 $790,048 $757,582 $32,466
2015 $8,556 $778,182 $746,203 $31,979
2014 $8,490 $762,939 $731,586 $31,353
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: BB17159970

California Regional Multiple Listing Service (CRMLS)

APN: 5661-017-018