NOT LISTED FOR SALE

221 E Lexington Dr Unit 305 Glendale, CA 91206

City Center Neighborhood

Estimated Value: $717,000 - $903,000

3 Beds
2 Baths
1,493 Sq Ft
28,164 Sq Ft Lot

Sale Details

Date Sold: October 18, 2016

Last sale price $437,850 $293 Per Sq Ft

Est. 81% increase in value since last sale

Current estimated payment $5,054 / mo

26 Days on Market

Highlights

  • 28,164 Sq Ft lot
  • Neighborhood Views
  • Community Barbecue Grill
  • Sauna
  • Community Pool
  • Zero Lot Line

About This Home

As of October 2016

RARE OPPERTUNITY! GREAT VALUE! Spacious, airy, corner unit. Walking score of 95 out of 100 (Walker's Paradise Daily errands do not require a car). Top floor corner unit with a partial view. One (1 1/2) blocks east of Brand Blvd. Minutes from Americana, Glendale Galleria. Two car subterranean secured parking with big storage cabinets. It shouldn't take much for someone to turn this into their own luxurious "Penthouse" unit. HOA offers pool, dry sauna, barbecue area, pool table and covers Hot & Cold water and gas. Great Opportunity for First Time Home Buyers and Investors...This could be a Fix and Flip DREAM!! Please go to the Xome com website and type in the property address for more information.

Last Agent to Sell the Property

Chris Johnson

Allison James Estates & Homes License #01501699 Listed on: 09/21/2016

Property Details

Home Type

  • Condominium

Year Built

  • Built in 1974

Lot Details

  • 1 Common Wall
  • Zero Lot Line

HOA Fees

  • $390 Monthly HOA Fees

Home Design

  • Entry on the 3rd floor

Interior Spaces

  • 1,493 Sq Ft Home
  • Neighborhood Views

Bedrooms and Bathrooms

  • 3 Main Level Bedrooms
  • 2 Full Bathrooms

Parking

  • Parking Available
  • Controlled Entrance

Location

  • Urban Location

Utilities

  • Central Heating and Cooling System
  • Hot Water Heating System

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 31912
  • Assessor Parcel Number 5643005062

Community Details

Amenities

  • Community Barbecue Grill
  • Sauna

Recreation

  • Community Pool

Property Details

Home Type

Condominium

Year Built

Built in 1974

Lot Details

0.65 Acres

HOA Fees

$390 per month

Listing Details

  • Property Attached: Yes
  • View: Yes
  • Zoning: GLR4*
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Parcel Number: 5643005062
  • Year Built: 1974
  • Special Features: None

Interior Features

  • Living Area: 1493.00 Square Feet
  • Common Walls: 1 Common Wall
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Entry Level: 3
  • Levels: One
  • Main Level Bathrooms: 2
  • Main Level Bedrooms: 3
  • Price Per Square Foot: 293.27

Exterior Features

  • View: Neighborhood
  • Pool Features: Association, Community
  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Controlled Entrance

Utilities

  • Heating: Yes
  • Heating Type: Central
  • Sewer: Public Sewer
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: Yes
  • Amenities: Pool, Sauna, Barbecue, Hot Water
  • Association Fee: 390.00
  • Association Fee Frequency: Monthly
  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Walkstreet, Zero Lot Line
  • Lot Size Sq Ft: 28164.00

Multi Family

  • Lease Considered: No

Tax Info

  • Tax Census Tract: 3019.00
  • Tax Lot: 1
  • Tax Tract Number: 31912

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 21, 2016
Closed on
Oct 4, 2016
Sold by
U S Bank National Association
Bought by
Ambartsumyan Grach and Ambartsumyan Natalya
Seller's Agent
Chris Johnson
Allison James Estates & Homes
List Price
$500,900
Sold Price
$437,850
Premium/Discount to List
-$63,050
-12.59%
Current Estimated Value
$793,178

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$355,328
Avg. Annual Appreciation
6.45%

Purchase Details

Listed on
Sep 21, 2016
Closed on
Sep 8, 2016
Sold by
Muradyan Elina
Bought by
U S Bank National Association
Seller's Agent
Chris Johnson
Allison James Estates & Homes
List Price
$500,900
Sold Price
$437,850
Premium/Discount to List
-$63,050
-12.59%

Purchase Details

Closed on
Dec 6, 2011
Sold by
Muradyan Elina
Bought by
Muradyan Family Trust and Cnl Ventures

Purchase Details

Closed on
May 10, 2004
Sold by
The Doris Meinerd Living Trust
Bought by
Muradyan Elina

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$332,800
Interest Rate
6.87%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Ambartsumyan Grach $438,000 Title365 Company
U S Bank National Association $62,024 Title365
Muradyan Family Trust -- None Available
Muradyan Elina $416,000 Ltc
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Muradyan Elina $332,800
Closed Muradyan Elina $83,200
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/18/2016 10/18/16 Sold $437,850 -12.6% $293 / Sq Ft
10/17/2016 10/17/16 Pending -- -- --
09/21/2016 09/21/16 For Sale $500,900 -- $335 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $5,501 $508,331 $382,991 $125,340
2024 $5,501 $498,365 $375,482 $122,883
2023 $5,375 $488,594 $368,120 $120,474
2022 $5,278 $479,014 $360,902 $118,112
2021 $5,183 $469,623 $353,826 $115,797
2019 $4,981 $455,695 $343,332 $112,363
2018 $4,904 $446,760 $336,600 $110,160
2016 $4,838 $438,000 $299,300 $138,700
2015 $5,294 $483,000 $330,000 $153,000
2014 $4,690 $422,000 $288,000 $134,000
Source: Public Records

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR16707814

California Regional Multiple Listing Service (CRMLS)

APN: 5643-005-062

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