$600,000
SOLD MAR 17, 2017
2 Beds
2.5 Baths
1,864 Sq Ft
$850/mo HOA Fee

Recently Sold

$322 Per Sq Ft

5% Below List Price

247 Days on Market

Highlights

  • Concierge
  • 24-Hour Security
  • Gated Parking
  • Fitness Center
  • Heated In Ground Pool
  • Panoramic View

About This Home

As of July 2021

BEST VALUE IN MONTEREY ISLAND! Luxury high rise living in the prestigious Monterey Island complex of Downtown Glendale. Enjoy panoramic views of the mountains, downtown Glendale and LA from this sought after corner unit featuring 2 bedrooms and 2 1/2 baths. Free flowing living room, large master bedroom with his and hers sinks, separate soaking tub and huge closets throughout. 2nd bedroom also has private bathroom. Laundry area in unit. Floor to ceiling windows and a private balcony. Walking distance to Americana, Glendale shopping, dining and entertainment. Enjoy resort style living in this secure complex with 24 hour security and concierge services. Private terrace with pool and spa. Recreation room, gym and Men's & Women's saunas. Priced to sell. Check the comps!

Last Agent to Sell the Property

Ara Der Sarkissian

Sarkis Realty, Inc. License #01318747 Listed on: 06/08/2016

Last Buyer's Agent

Ara Der Sarkissian

Sarkis Realty, Inc. License #01318747 Listed on: 06/08/2016

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,900

Year Built

  • Built in 1982

HOA Fees

  • $850 Monthly HOA Fees

Parking

  • Gated Parking

Property Views

  • Panoramic
  • Mountain
  • Hills

Home Design

  • Contemporary Architecture

Interior Spaces

  • 1,864 Sq Ft Home
  • Built-In Features
  • Living Room with Fireplace
  • Wood Flooring

Kitchen

  • Breakfast Area or Nook
  • Oven or Range
  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 2 Bedrooms

Laundry

  • Laundry in unit
  • Gas And Electric Dryer Hookup

Additional Features

  • Heated In Ground Pool
  • Central Heating and Cooling System

Listing and Financial Details

  • Assessor Parcel Number 5644-018-086

Community Details

Overview

  • 88 Units
  • High-Rise Condominium

Amenities

  • Concierge
  • Sauna
  • Elevator

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,900

Year Built

Built in 1982

Lot Details

0

HOA Fees

$850 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Contemporary
  • Street Number Display: Yes
  • Complex Name: Monterey Island
  • Entry Floor: 6
  • Living Area: 1864
  • Planned Urban Dev: 0
  • Unit Floor In Building: 6
  • Year Built: 1982
  • Number Of Photos: 24
  • State Abbrv: CA
  • Special Features: None
  • Stories: 0

Interior Features

  • Fireplace Rooms: Living Room
  • Flooring: Hardwood
  • Bedrooms: 2
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 1
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Laundry: In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Garbage Disposal, Gas Or Electric Dryer Hookup, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 332.56

Exterior Features

  • Tennis Court Y/N: No
  • Pool Description: Association Pool, Heated
  • Pool: Yes
  • View: City, City Lights, Hills, Mountains, Panoramic
  • View: Yes

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Community Garage

Utilities

  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Security: 24 Hour, Gated Community with Guard

Association/Amenities

  • Amenities: Assoc Pet Rules, Concierge, Elevator, Exercise Room, Gated Parking, Pool, Sauna, Spa
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 850.00
  • HOA: Yes

Lot Info

  • Special Zoning: Property Report
  • Assessor Parcel Number: 5644-018-086
  • Geocode Override: No
  • Lot Size Area: 38248

Multi Family

  • Number Of Units: 88

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
May 5, 2023
Sold by
Khostarian Karine
Bought by
Karine Khostarian Trust
Total Days on Market
247
Current Estimated Value
$1,111,740

Purchase Details

Listed on
Apr 28, 2021
Closed on
Jun 29, 2021
Sold by
Abramian Arkadi
Bought by
Khostarian Karine
Seller's Agent
Mark Velasco
West Shores Realty, Inc.
Buyer's Agent
Nadia Melkonian
Coldwell Banker Hallmark Realty
List Price
$900,000
Sold Price
$950,000
Premium/Discount to List
$50,000
5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.10%
Original Mortgage
$540,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 28, 2021
Closed on
May 31, 2021
Sold by
Edalat Poria
Bought by
Khostarian Karine
Seller's Agent
Mark Velasco
West Shores Realty, Inc.
Buyer's Agent
Nadia Melkonian
Coldwell Banker Hallmark Realty
List Price
$900,000
Sold Price
$950,000
Premium/Discount to List
$50,000
5.56%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$540,000
Interest Rate
2.9%
Mortgage Type
New Conventional

Purchase Details

Listed on
May 12, 2017
Closed on
Aug 18, 2017
Sold by
Nahapetia Ani
Bought by
Edalat Poria
Seller's Agent
Ara Der Sarkissian
Sarkis Realty, Inc.
Buyer's Agent
Byron Lohman
List Price
$799,000
Sold Price
$745,000
Premium/Discount to List
-$54,000
-6.76%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
6.50%
Original Mortgage
$707,750
Interest Rate
4.03%
Mortgage Type
New Conventional

Purchase Details

Listed on
Jun 8, 2016
Closed on
Mar 14, 2017
Sold by
Assatourians Ana M
Bought by
Sarkissian Ara Der
Seller's Agent
Ara Der Sarkissian
Sarkis Realty, Inc.
Buyer's Agent
Ara Der Sarkissian
Sarkis Realty, Inc.
List Price
$629,000
Sold Price
$600,000
Premium/Discount to List
-$29,000
-4.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
63.55%

Purchase Details

Listed on
Jun 8, 2016
Closed on
Mar 13, 2017
Sold by
Manouchekian Bedros
Bought by
Nahapetia Ani and Sarkissian Ara Der
Seller's Agent
Ara Der Sarkissian
Sarkis Realty, Inc.
Buyer's Agent
Ara Der Sarkissian
Sarkis Realty, Inc.
List Price
$629,000
Sold Price
$600,000
Premium/Discount to List
-$29,000
-4.61%

Purchase Details

Closed on
Feb 1, 2005
Sold by
Park Jin Won
Bought by
Majer Mary

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$460,000
Interest Rate
5.61%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Nov 26, 2001
Sold by
Ozbaronyan Gilbert
Bought by
Park Jin Won and Cho Mi Sook

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$275,000
Interest Rate
6.63%

Purchase Details

Closed on
Jul 23, 1999
Sold by
Mathisen Ray C
Bought by
Ozbaronyan Gilbert

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
7.64%
Source: Public Records

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Listed On Document
Interfamily Deed Transfer -- First American Title Company
Grant Deed $950,000 First American Title Company
Grant Deed $745,000 Chicago Title
Interfamily Deed Transfer -- Chicago Title Company
Interfamily Deed Transfer -- None Available
Grant Deed $600,000 Chicago Title Company
Grant Deed $575,000 Ort
Grant Deed $300,000 Equity Title
Individual Deed $260,000 Chicago Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $540,000 New Conventional
Previous Owner $670,000 New Conventional
Previous Owner $707,750 New Conventional
Previous Owner $353,000 New Conventional
Previous Owner $140,000 Credit Line Revolving
Previous Owner $460,000 Purchase Money Mortgage
Previous Owner $322,000 Unknown
Previous Owner $25,000 Credit Line Revolving
Previous Owner $278,000 Unknown
Previous Owner $275,000 No Value Available
Previous Owner $210,000 No Value Available
Closed $57,500 No Value Available
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/02/2021 07/02/21 Sold $950,000 +5.6% $510 / Sq Ft
05/24/2021 05/24/21 Pending -- -- --
04/28/2021 04/28/21 For Sale $900,000 +20.8% $483 / Sq Ft
08/23/2017 08/23/17 Sold $745,000 -4.4% $400 / Sq Ft
06/20/2017 06/20/17 Price Changed $779,000 -1.3% $418 / Sq Ft
06/01/2017 06/01/17 Price Changed $789,000 -1.3% $423 / Sq Ft
05/12/2017 05/12/17 For Sale $799,000 +33.2% $429 / Sq Ft
03/17/2017 03/17/17 Sold $600,000 -3.2% $322 / Sq Ft
02/10/2017 02/10/17 Pending -- -- --
01/13/2017 01/13/17 Price Changed $619,900 -1.2% $333 / Sq Ft
01/09/2017 01/09/17 Price Changed $627,500 -0.2% $337 / Sq Ft
12/12/2016 12/12/16 For Sale $629,000 0.0% $337 / Sq Ft
12/12/2016 12/12/16 Price Changed $629,000 +4.8% $337 / Sq Ft
12/08/2016 12/08/16 Off Market $600,000 -- --
11/14/2016 11/14/16 Price Changed $629,900 -0.8% $338 / Sq Ft
10/10/2016 10/10/16 Price Changed $635,000 -0.6% $341 / Sq Ft
09/13/2016 09/13/16 Price Changed $639,000 -1.5% $343 / Sq Ft
07/28/2016 07/28/16 Price Changed $649,000 -0.9% $348 / Sq Ft
07/18/2016 07/18/16 Price Changed $655,000 -1.5% $351 / Sq Ft
07/14/2016 07/14/16 Price Changed $665,000 -1.5% $357 / Sq Ft
07/05/2016 07/05/16 Price Changed $675,000 -3.4% $362 / Sq Ft
06/08/2016 06/08/16 For Sale $699,000 -- $375 / Sq Ft
Source: The MLS

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
2024 $10,900 $988,380 $296,514 $691,866
2023 $10,650 $969,000 $290,700 $678,300
2022 $10,463 $950,000 $285,000 $665,000
2021 $8,669 $783,127 $362,656 $420,471
2020 $8,543 $775,098 $358,938 $416,160
2019 $8,334 $759,900 $351,900 $408,000
2018 $8,235 $745,000 $345,000 $400,000
2016 $7,530 $686,000 $500,600 $185,400
2015 $7,486 $686,000 $500,600 $185,400
2014 $7,564 $686,000 $500,600 $185,400
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 16-132998

The MLS

APN: 5644-018-086