NOT LISTED FOR SALE

Estimated Value: $643,340 - $819,000

2 Beds
2 Baths
1,233 Sq Ft
5.03 Acres

Last Sold October 25, 2019

Last sale price $520,000 $422 Per Sq Ft

Est. 37% increase in value since last sale

Current estimated payment $4,239/month

Highlights

  • In Ground Pool
  • Sauna
  • Mountain View
  • John C. Fremont Elementary School Rated A-
  • 5.03 Acre Lot
  • End Unit

About This Home

As of August 2022

Gorgeous and fully remodeled Condominium with an amazing view from it's huge private balcony (best in complex, second floor, corner unit, no obstructions). Offering laminate flooring throughout the entire unit, quartz counter tops, and stainless steel applicates. This condo is located in one of the best areas of Glendale with an open floorplan joining the living room, dining room, and kitchen. The condo has two updated bathrooms & large bedrooms. The Alpha Terrace Community has a huge pool, hot spa, sauna, recreation room, and more. It is located in a remote & quiet neighborhood on a large hillside parcel, just up the street from Glendale Community College & Verdugo Park, and just down the street from Montrose & Honolulu (popular for street shops and farmers markets). Freeway access points are very conveniently near by. Don't miss out on this opportunity to own a condo in one of the most charming complexes in Glendale.

Last Agent to Rent the Property

Vahik Sarkissian

Glendale Realty & Investment I License #01139099 Listed on: 07/30/2022

Co-Listed By

Andre Sarkissian

Glendale Realty & Investment I License #01766995

Last Renter's Agent

Karen Roberson

Dilbeck Real Estate License #00796179

Dilbeck Real Estate

Condo Details

Home Type

  • Condominium

Year Built

  • Built in 1969

Lot Details

  • End Unit
  • 1 Common Wall

Parking

  • 1 Car Garage

Interior Spaces

  • 1,233 Sq Ft Home
  • Living Room
  • Sauna
  • Mountain Views
  • Laundry Room

Bedrooms and Bathrooms

  • 2 Main Level Bedrooms
  • 2 Full Bathrooms

Pool

  • In Ground Pool
  • Fence Around Pool

Utilities

  • Central Heating and Cooling System

Listing and Financial Details

  • Security Deposit $3,500
  • Rent includes association dues, gardener, pool, trash collection, water
  • 12-Month Minimum Lease Term
  • Available 7/30/22
  • Tax Lot 1
  • Tax Tract Number 34968
  • Assessor Parcel Number 5654002106

Community Details

Overview

  • No Home Owners Association
  • 101 Units
  • Alpha Terrace Association, Phone Number (818) 957-1156

Amenities

  • Laundry Facilities

Recreation

  • Community Pool
  • Community Spa
  • Dog Park

Pet Policy

  • Pets Allowed
  • Pet Deposit $300

Condo Details

Home Type

Condominium

Year Built

Built in 1969

Lot Details

0

Parking

1

Rental Info

  • Cashiers Check: 1ST Month Rent, Security Deposit
  • Available Date: 2022-07-30
  • Credit Check Paid By: Tenant
  • Deposit Pets: 300
  • Deposit Security: 3500
  • Furnished: Unfurnished
  • Pets Allowed: Yes
  • Transfer Fee Paid By: Tenant

Listing Details

  • Structure Type: Multi Family
  • Assessments: Yes
  • Property Attached: Yes
  • View: Yes
  • Zoning: GLR3*
  • Property Sub Type: Condominium
  • Property Type: Residential Lease
  • Parcel Number: 5654002106
  • Year Built: 1969
  • Special Features: None

Interior Features

  • Fireplace: No
  • Living Area: 1233.00 Square Feet
  • Common Walls: 1 Common Wall, End Unit
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 2
  • Price Per Square Foot: 2.84
  • Room Type: Kitchen, Laundry, Living Room, Master Bathroom, Master Bedroom, Sauna

Exterior Features

  • View: Mountain(s)
  • Pool Features: Community, Fenced, In Ground
  • Pool Private: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Central
  • Laundry Features: Community, Inside
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Amenities: Pool, Spa/Hot Tub
  • Association Name: Alpha Terrace
  • Phone: (818) 957-1156
  • Senior Community: No
  • Community Features: Dog Park
  • Association Management: Alpha Terrace

Lot Info

  • Additional Parcels: No
  • Lot Size Sq Ft: 219128.00
  • Lot Size Acres: 5.0305

Multi Family

  • Insurance Water Furniture: No
  • Lease Term: 12 Months
  • Lot Size Area: 219128.0000 Square Feet
  • Number Of Units In Community: 101
  • Number Of Units Total: 101
  • Rent Includes: Association Dues, Gardener, Pool, Trash Collection, Water

Tax Info

  • Tax Census Tract: 3008.00
  • Tax Lot: 1
  • Tax Tract Number: 34968

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 30, 2019
Closed on
Oct 16, 2019
Sold by
Oganesyan Armen
Bought by
Gabrielyan Sona
Seller's Agent
Daniel Shalvardzhyan
Compass
List Price
$530,000
Sold Price
$520,000
Premium/Discount to List
-$10,000
-1.89%
Current Estimated Value
$712,585

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$192,585
Avg. Annual Appreciation
5.22%
Original Mortgage
$484,000
Outstanding Balance
$425,728
Interest Rate
3.7%
Estimated Equity
$286,857

Purchase Details

Listed on
Jul 30, 2019
Closed on
Oct 2, 2019
Sold by
Zadourian Arianna Ani
Bought by
Gabrielyan Sona and Oganesyan Ani
Seller's Agent
Daniel Shalvardzhyan
Compass
List Price
$530,000
Sold Price
$520,000
Premium/Discount to List
-$10,000
-1.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$484,000
Outstanding Balance
$425,728
Interest Rate
3.7%
Estimated Equity
$286,857

Purchase Details

Closed on
Mar 21, 2011
Sold by
Aurora Bancorp
Bought by
Zadourian Arianna Ani

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$204,000
Interest Rate
5.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 26, 2010
Sold by
Garcia Esperanza M
Bought by
Aurora Bancorp and Vancouver Financial Ltd

Purchase Details

Closed on
Jan 17, 2007
Sold by
Garcia Esperanza
Bought by
Garcia Esperanza M and Esperanza M Garcia Trust

Purchase Details

Closed on
Sep 20, 2006
Sold by
Martikian Edward and Estate Of Zarouhi E Amirkhania
Bought by
Garcia Esperanza

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$79,800
Interest Rate
6.36%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Gabrielyan Sona -- Stewart Title
Gabrielyan Sona $520,000 Stewart Title
Zadourian Arianna Ani $255,002 Advantage Title Inc
Aurora Bancorp -- None Available
Garcia Esperanza M -- None Available
Garcia Esperanza $399,000 Investors Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Gabrielyan Sona $484,000
Closed Gabrielyan Sona $484,000
Previous Owner Zadourian Arianna Ani $204,000
Previous Owner Garcia Esperanza $79,800
Previous Owner Garcia Esperanza $319,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
08/24/2022 08/24/22 Rented $3,500 0.0% --
08/02/2022 08/02/22 Price Changed $3,500 -5.4% $3 / Sq Ft
07/30/2022 07/30/22 For Rent $3,700 +23.3% --
05/25/2021 05/25/21 Rented $3,000 0.0% --
05/19/2021 05/19/21 For Rent $3,000 0.0% --
10/25/2019 10/25/19 Sold $520,000 -1.9% $422 / Sq Ft View Prior Sale
09/13/2019 09/13/19 For Sale $530,000 +1.9% $430 / Sq Ft
09/12/2019 09/12/19 Off Market $520,000 -- --
08/09/2019 08/09/19 Price Changed $530,000 +7.1% $430 / Sq Ft
07/30/2019 07/30/19 For Sale $495,000 -- $401 / 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 $6,208 $568,690 $408,911 $159,779
2024 $6,208 $557,541 $400,894 $156,647
2023 $6,067 $546,610 $393,034 $153,576
2022 $5,959 $535,893 $385,328 $150,565
2021 $5,856 $525,386 $377,773 $147,613
2019 $3,293 $292,863 $162,280 $130,583
2018 $3,239 $287,122 $159,099 $128,023
2016 $3,083 $275,974 $152,922 $123,052
2015 $3,021 $271,829 $150,625 $121,204
2014 $3,000 $266,505 $147,675 $118,830
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: GD22168019

California Regional Multiple Listing Service (CRMLS)

APN: 5654-002-106