NOT LISTED FOR SALE

Estimated Value: $1,412,000 - $1,832,000

4 Beds
4 Baths
2,517 Sq Ft
$622/Sq Ft Est. Value

Last Sold April 13, 2016

Last sale price $905,000 $360 Per Sq Ft

Est. 73% increase in value since last sale

Current estimated payment $9,215/month

39 Days on Market

Highlights

  • Wood Flooring
  • No HOA
  • Laundry Room
  • Verdugo Woodlands Elementary School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

About This Home

As of April 2016

Excellent investment opportunity in a fabulous Glendale location, above Glendale College. Property consists of three units. The back unit has 2 bedr.2 baths and a den, fireplace, dining room and yard. The other 2 units are 1 bedr.1 bath each with small yards. All with hardwood floors and laundry hook-ups in each unit. Detached 3 car garages in the back.

Last Agent to Sell the Property

Mary Morrison

Keller Williams R. E. Services License #00952378 Listed on: 01/28/2016

Keller Williams R. E. Services

Last Buyer's Agent

nick karasarkisian

Legacy Realty License #01022153

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,550

Year Built

  • Built in 1938

Lot Details

  • 7,911 Sq Ft Lot
  • 1 Common Wall

Parking

  • 3 Car Garage
  • Parking Available
  • Single Garage Door

Home Design

  • Property Attached
  • Stucco

Interior Spaces

  • 4 Bedrooms
  • 2,517 Sq Ft Home
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Gas Oven or Range
  • Range

Laundry

  • Laundry Room
  • Gas Dryer Hookup

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Assessor Parcel Number 5652003030

Community Details

Overview

  • No Home Owners Association
  • 3 Units
  • Not Applicable 105 Subdivision

Building Details

  • 3 Leased Units
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,478
  • Gardener Expense $1,020
  • Insurance Expense $1,332
  • Maintenance Expense $2,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,550

Year Built

Built in 1938

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Inclusions: Some appliances
  • Property Attached: Yes
  • View: No
  • Zoning: GLR4-L
  • Property Type: Residential Income
  • Gardener Expense: 1020.00
  • Parcel Number: 5652003030
  • Year Built: 1938
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Common Walls: 1 Common Wall
  • Flooring: Wood
  • Appliances: Yes
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 359.56

Exterior Features

  • Pool Private: No
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Garage - Single Door

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Range, Gas Cooking
  • Heating Type: Wall Furnace
  • Laundry Features: Inside, Gas Dryer Hookup
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No

Green Features

  • Green Location: Transportation, Walkability

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 7911.00
  • Lot Size Acres: 0.1816

Multi Family

  • Electric Expense: 1478.00
  • Insurance Expense: 1332.00
  • Lot Size Area: 7911.0000 Square Feet
  • Maintenance Expense: 2000.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Total Actual Rent: 51300.00

Tax Info

  • Tax Annual Amount: 8550.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jan 28, 2016
Closed on
Mar 10, 2016
Sold by
Callas Steve J
Bought by
Chopurian Hagop and Chopurian Sona
Seller's Agent
Mary Morrison
Keller Williams R. E. Services
Buyer's Agent
nick karasarkisian
Legacy Realty
List Price
$880,000
Sold Price
$905,000
Premium/Discount to List
$25,000
2.84%
Current Estimated Value
$1,565,241

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$660,241
Avg. Annual Appreciation
5.91%
Original Mortgage
$300,000
Outstanding Balance
$129,338
Interest Rate
3.64%
Mortgage Type
New Conventional
Estimated Equity
$1,435,903

Purchase Details

Closed on
Jun 9, 2011
Sold by
Callas Steve J
Bought by
Callas Steve J and Callas Christine

Purchase Details

Closed on
Jan 26, 2011
Sold by
Callas Steve J
Bought by
Callas Steve J and Callas Christine

Purchase Details

Closed on
Mar 13, 2006
Sold by
Callas Steve J
Bought by
Callas Steve J and Callas Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,300
Interest Rate
6.19%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Feb 13, 2006
Sold by
Ovanespour Rouben
Bought by
Callas Steven J and Callas Christine

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$645,300
Interest Rate
6.19%
Mortgage Type
Fannie Mae Freddie Mac

Purchase Details

Closed on
Jan 22, 2002
Sold by
Ovanespour Rouben
Bought by
Ovanespour Rouben and Ovanespour Alicia

Purchase Details

Closed on
Jan 26, 2001
Sold by
Ovanespour Rouben
Bought by
Ovanespour Rouben and Ovanespour Alicia
Source: Public Records

Range of Values:

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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
Chopurian Hagop $905,000 Chicago Title Company
Callas Steve J -- None Available
Callas Steve J -- Ortc
Callas Steve J -- Accommodation
Callas Steven J $915,000 Alliance Title
Ovanespour Rouben -- --
Ovanespour Rouben -- Old Republic Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Chopurian Hagop $300,000
Previous Owner Callas Steven J $645,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/13/2016 04/13/16 Sold $905,000 +2.8% $360 / Sq Ft
03/14/2016 03/14/16 Pending -- -- --
02/12/2016 02/12/16 For Sale $880,000 -- $350 / 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 $11,777 $1,071,331 $917,440 $153,891
2024 $11,777 $1,050,325 $899,451 $150,874
2023 $11,512 $1,029,731 $881,815 $147,916
2022 $11,312 $1,009,541 $864,525 $145,016
2021 $11,116 $989,747 $847,574 $142,173
2019 $10,693 $960,393 $822,436 $137,957
2018 $10,464 $941,562 $806,310 $135,252
2016 $9,929 $900,000 $774,000 $126,000
2015 $8,743 $795,000 $683,700 $111,300
2014 $8,358 $750,000 $645,000 $105,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 316000884

California Regional Multiple Listing Service (CRMLS)

APN: 5652-003-030