$745,000
SOLD AUG 23, 2017
2 Beds
2.5 Baths
1,864 Sq Ft
$865/mo HOA Fee

Recently Sold

$400 Per Sq Ft

7% Below List Price

67 Days on Market

Highlights

  • Fitness Center
  • Heated In Ground Pool
  • City Lights View
  • 24-Hour Security
  • Gated Parking
  • 38,248 Sq Ft lot

About This Home

As of July 2021

Welcome home to this dazzling one of a kind completely renovated unit in the prestigious Monterey Island Condominiums. Highly sought after corner unit with 2 bedrooms and 2.5 bathrooms. Enjoy stunning views of Downtown L.A. and Glendale from floor to ceiling windows in every room. The contemporary kitchen boasts custom European style cabinets, professional series SS appliances, quartz countertops and a breakfast nook / bar area complete with wine chiller. 3-D marble fireplace. The 2 spacious bedrooms each come with private bathrooms and an abundance of closet space. The master bathroom has his & hers sinks, a makeup counter, separate tub and glass enclosed shower. Enjoy a wealth of amenities which include 24 hour security, state of the art exercise gym, his & hers saunas, heated pool and spa and side by side parking including plenty of guest spots. Best of all this complex is walking distance to many restaurants, shops, Trader Joe's, Glendale Galleria & The Americana at Brand

Last Agent to Sell the Property

Ara Der Sarkissian

Sarkis Realty, Inc. License #01318747 Listed on: 05/12/2017

Last Buyer's Agent

Byron Lohman

License #01272085

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $10,900

Year Built

  • Built in 1982

HOA Fees

  • $865 Monthly HOA Fees

Property Views

  • Mountain

Interior Spaces

  • 1,864 Sq Ft Home
  • Built-In Features
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Area

Kitchen

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

Flooring

  • Laminate
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Powder Room

Laundry

  • Laundry closet
  • Gas Dryer Hookup

Home Security

Parking

  • 2 Parking Spaces
  • Side by Side Parking
  • Gated Parking
  • Guest Parking

Additional Features

  • Heated In Ground Pool
  • Central Heating

Listing and Financial Details

  • Assessor Parcel Number 5644-018-086

Community Details

Overview

  • 88 Units
  • High-Rise Condominium
  • 16-Story Property

Amenities

  • Sauna
  • Elevator
  • Community Storage Space

Recreation

  • Community Spa

Pet Policy

  • Pets Allowed

Security

  • 24-Hour Security
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Est. Annual Taxes

$10,900

Year Built

Built in 1982

Lot Details

0

HOA Fees

$865 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: High or Mid-Rise Condo
  • Street Number Display: Yes
  • Complex Name: Monterey Island Condominiums
  • Entry Floor: 6
  • Living Area: 1864
  • Planned Urban Dev: 0
  • Stories: 16
  • Unit Floor In Building: 6
  • Year Built: 1982
  • Number Of Photos: 23
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Living Room
  • Flooring: Ceramic Tile, Laminate
  • 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 Closet, In Unit
  • Total Bathrooms: 3.00
  • Den: 0
  • Equipment: Built-Ins, Dishwasher, Electric Dryer Hookup, Freezer, Garbage Disposal, Gas Dryer Hookup, Range/Oven, Refrigerator
  • Fireplace: Yes
  • Price Per S Q F T: 417.92

Exterior Features

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

Garage/Parking

  • Covered Parking: 2
  • Parking Garage: Assigned, Community Garage, Gated, Parking for Guests, Side By Side
  • Total Parking: 2

Utilities

  • Cooling: Air Conditioning
  • Heating: Central
  • Security: 24 Hour, Carbon Monoxide Detector(s), Fire Sprinklers, Smoke Detector

Association/Amenities

  • Amenities: Assoc Pet Rules, Elevator, Exercise Room, Extra Storage, Fitness Center, Gated Parking, Pool, Sauna, Security, Spa
  • Pet Rules: Yes

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • HOA Fees: 865.00
  • HOA: Yes

Lot Info

  • 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
67
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: 17-230538

The MLS

APN: 5644-018-086