NOT LISTED FOR SALE

248 W Loraine St Unit 208 Glendale, CA 91202

Verdugo Viejo Neighborhood

Estimated Value: $796,146 - $971,000

3 Beds
2 Baths
1,410 Sq Ft
$485/mo HOA Fee

Last Sold July 06, 2022

Last sale price $725,000 $514 Per Sq Ft

Est. 21% increase in value since last sale

Current estimated payment $5,935/month

16 Days on Market

Highlights

  • Spa
  • Gated Parking
  • 0.85 Acre Lot
  • Herbert Hoover High School Rated A-
  • Gated Community
  • Main Floor Bedroom

About This Home

As of July 2022

Located in picturesque Glendale, this condo offers lovely garden-style condominium living within a gated community. With three bedrooms, two bathrooms, 1,410 square feet of interior space and access to a community spa and grill area, explore a prime opportunity to live near shopping, restaurants and entertainment. Past the walkway garden and charming brick exterior, enter the home's living room, which features large windows, a brick-clad gas fireplace, space for a dining room table and sliding glass doors that lead to the private outdoor area. The kitchen includes a gas stove, washer and dryer, a dishwasher and a dining nook. The primary bedroom is spacious, offering oversized windows for abundant natural light. Central air conditioning and forced-air heat ensure the space is comfortable all year long. Dual balconies tie the indoors and outdoors together seamlessly. Enjoy the ease of two parking spots and storage space in the underground garage. The central location is moments from the Iconic Americana at Brand which offers some of the best of Glendale.

Last Agent to Sell the Property

Keri White

Element RE, Inc License #01491049 Listed on: 05/25/2022

Last Buyer's Agent

Sylvia Friedman

No Firm Affiliation License #01355972

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $8,188

Year Built

  • Built in 1982

Lot Details

  • 0.85

HOA Fees

  • $485 Monthly HOA Fees

Interior Spaces

  • 1,410 Sq Ft Home
  • 4-Story Property
  • Gas Fireplace
  • Living Room with Fireplace
  • Dining Area

Kitchen

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

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Main Floor Bedroom
  • 2 Full Bathrooms
  • Bathtub with Shower

Laundry

  • Laundry in Kitchen
  • Electric Dryer Hookup

Parking

  • 2 Parking Spaces
  • Gated Parking
  • Assigned Parking

Outdoor Features

  • Spa
  • Balcony

Utilities

  • Central Heating and Cooling System
  • Property is located within a water district
  • Sewer in Street

Listing and Financial Details

  • Assessor Parcel Number 5633-010-076

Community Details

Overview

  • Association fees include trash, water, insurance, building and grounds
  • 28 Units
  • Association Phone (626) 795-3282

Amenities

  • Community Barbecue Grill
  • Community Mailbox

Recreation

  • Community Spa

Pet Policy

  • Call for details about the types of pets allowed

Security

  • Controlled Access
  • Gated Community

Property Details

Home Type

Condominium

Est. Annual Taxes

$8,188

Year Built

Built in 1982

Lot Details

0

HOA Fees

$485 per month

Listing Details

  • Property Type: Residential
  • Property Sub Type: Condominium
  • Style: Garden Condo
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Complex Name: Woodlane Village HOA
  • Entry Floor: 2
  • Entry Location: Main Level
  • Living Area: 1410
  • Lot Acreage: 0.8521
  • Planned Urban Dev: 0
  • Probate: No
  • Stories: 4
  • Unit Floor In Building: 2
  • Year Built: 1982
  • Number Of Photos: 29
  • State Abbrv: CA
  • Special Features: None

Interior Features

  • Fireplace Rooms: Gas, Living Room
  • Flooring: Carpet, Ceramic Tile
  • Bedrooms: 3
  • Fireplaces: 1
  • Full Bathroom: 2
  • Half Bathroom: 0
  • Bedroom Features: Main Floor Bedroom, Master Bedroom
  • Common Walls: Attached
  • One Quarter Bathrooms: 0
  • Bathroom Features: Shower and Tub
  • Three Quarter Bathrooms: 0
  • Dining Room: 0
  • Family Room: 0
  • Eating Areas: Dining Area, Breakfast Area
  • Kitchen Features: Corian Counters
  • Laundry: In Unit, In Kitchen
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Electric Dryer Hookup, Range/Oven, Garbage Disposal
  • Fireplace: Yes
  • Price Per S Q F T: 495.74

Exterior Features

  • Other Features: Balcony
  • Tennis Court Y/N: No
  • Pool: No
  • Spa: Association Spa
  • Spa Yn: Yes
  • View: No

Garage/Parking

  • Parking Garage: Assigned, Gated Underground
  • Total Parking: 2

Utilities

  • Cooling: Central
  • Heating: Central
  • Sewer: In Street
  • Water: District

Association/Amenities

  • Community Features: Community Mailbox
  • Amenities: Assoc Barbecue, Gated Community, Controlled Access, Spa
  • Pet Rules: Assoc Pet Rules, Call

Condo/Co-op/Association

  • HOA Fee Frequency: Monthly
  • Association Fees Include: Trash, Water, Insurance, Building and Grounds
  • HOA Fees: 485.00
  • Phone: 6267953282|
  • HOA: Yes

Lot Info

  • Horses: No
  • Assessor Parcel Number: 5633-010-076
  • Lot Size Area: 37184

Rental Info

  • Land Lease Purchase Yn: No
  • Land Lease Type: Fee

Multi Family

  • Number Of Units: 28

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 25, 2022
Closed on
Jun 14, 2022
Sold by
Judy Goldstock And Guy Tower 2020 Trust
Bought by
Mirza-Avakyan Grigor Artem and Minassi Lina
Seller's Agent
Keri White
Element RE, Inc
Buyer's Agent
Sylvia Friedman
No Firm Affiliation
List Price
$699,000
Sold Price
$725,000
Premium/Discount to List
$26,000
3.72%
Current Estimated Value
$875,037

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$150,037
Avg. Annual Appreciation
6.17%
Original Mortgage
$580,000
Outstanding Balance
$552,652
Interest Rate
5.1%
Mortgage Type
New Conventional
Estimated Equity
$322,385

Purchase Details

Closed on
Aug 10, 2020
Sold by
Tower Guy Nagib and Goldstock Judy Alice
Bought by
Tower Guy Nagib and Goldstock Judy Alice

Purchase Details

Closed on
Nov 15, 2012
Sold by
Jacobson Richard L
Bought by
Tower Guy N and Goldstock Judy

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$288,000
Interest Rate
3.35%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 14, 2012
Sold by
Jacobson Richard L and Jacobson Sandra K
Bought by
Jacobson Richard L
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
Mirza-Avakyan Grigor Artem $725,000 Fidelity National Title
Tower Guy Nagib -- None Available
Tower Guy N $360,000 Equity Title Company
Jacobson Richard L -- Equity Title Company
Jacobson Richard L -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Mirza-Avakyan Grigor Artem $580,000
Previous Owner Tower Guy N $293,000
Previous Owner Tower Guy N $305,000
Previous Owner Jacobson Richard L $288,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/06/2022 07/06/22 Sold $725,000 +3.7% $514 / Sq Ft
06/10/2022 06/10/22 Pending -- -- --
05/25/2022 05/25/22 For Sale $699,000 -- $496 / 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
2025 $8,188 $754,289 $485,554 $268,735
2024 $8,188 $739,500 $476,034 $263,466
2023 $8,001 $725,000 $466,700 $258,300
2022 $4,607 $417,737 $219,661 $198,076
2021 $4,523 $409,547 $215,354 $194,193
2019 $4,347 $397,401 $208,967 $188,434
2018 $4,280 $389,610 $204,870 $184,740
2016 $4,073 $374,482 $196,915 $177,567
2015 $3,989 $368,858 $193,958 $174,900
2014 $3,956 $361,633 $190,159 $171,474
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 22-160489

The MLS

APN: 5633-010-076