NOT LISTED FOR SALE

2942 Oak Glen Rd Glendale, CA 91208

Verdugo Woodlands Neighborhood

Estimated Value: $3,605,000

2 Beds
1 Bath
2,132 Sq Ft
$1,691/Sq Ft Est. Value

Last Sold June 08, 2015

Last sale price $1,200,000 $563 Per Sq Ft

Est. 200% increase in value since last sale

Current estimated payment $21,701/month

Highlights

  • 6.18 Acre Lot
  • Mountain View
  • Laundry Room
  • John C. Fremont Elementary School Rated A-
  • Wood Flooring
  • 3-minute walk to Glorietta Park

About This Home

As of June 2016

This home offers 2 bedrooms and 1 bath with hardwood flooring, views of the Verdugo Mountains and a great location. Minutes from Montrose Shopping Park, Glendale College and Glorietta Park. The driveway is large for extra parking and has 2 one car garages. This is a quiet setting on a private street.

Last Agent to Rent the Property

Ralph Suarez

Engel & Völkers La Canada License #01206855 Listed on: 05/24/2016

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $26,525

Year Built

  • Built in 1945

Lot Details

  • 6.18 Acre Lot
  • Property is zoned GLR1*

Property Views

  • Mountain Views

Flooring

  • Wood
  • Carpet

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Full Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Listing and Financial Details

  • Security Deposit $5,200
  • Rent includes water
  • Assessor Parcel Number 5654005003

Home Details

Home Type

Single Family

Est. Annual Taxes

$26,525

Year Built

Built in 1945

Lot Details

0

Rental Info

  • Credit Check: Yes
  • Deposit Security: 5200

Listing Details

  • Property Attached: No
  • Subdivision Name Other: Not Applicable - 1007242
  • View: Yes
  • Zoning: GLR1*
  • Property Sub Type: Single Family Residence
  • Property Type: Residential Lease
  • Parcel Number: 5654005003
  • Year Built: 1945
  • Special Features: None

Interior Features

  • Common Walls: No Common Walls
  • Flooring: Carpet, Wood
  • Full Bathrooms: 1
  • Full And Three Quarter Bathrooms: 1
  • Total Bedrooms: 2

Exterior Features

  • View: Mountain(s)

Utilities

  • Laundry: Yes
  • Laundry Features: In Garage

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 269061.00
  • Lot Size Acres: 6.1800

Multi Family

  • Lot Size Area: 269061.0000 Square Feet
  • Rent Includes: Water

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 2, 2023
Sold by
Alaverdian Bela
Bought by
Arutyunyan Armen
Current Estimated Value
$3,605,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,787,000
Interest Rate
6.61%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 16, 2018
Sold by
Arutyunyan Armen
Bought by
Alaverdian Bela

Purchase Details

Closed on
Jan 9, 2018
Sold by
Ribeye Management Llc
Bought by
Arutyunyan Armen and Alaverdian Bela

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,750,000
Interest Rate
4.04%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 13, 2015
Closed on
May 27, 2015
Sold by
Monaly Adelheid
Bought by
Ribeye Management Llc
Seller's Agent
Thomas Masterani
Engel & Völkers Burbank
Buyer's Agent
Thomas Masterani
Engel & Völkers Burbank
List Price
$1,695,000
Sold Price
$1,200,000
Premium/Discount to List
-$495,000
-29.2%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Interest Rate
3.62%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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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
Arutyunyan Armen -- Fidelity - Sherman Oaks
Alaverdian Bela -- California Members Title Ins
Arutyunyan Armen $2,200,000 Chicago Title Company
Ribeye Management Llc $1,200,000 Fidelity National Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arutyunyan Armen $1,787,000
Previous Owner Arutyunyan Armen $1,750,000
Previous Owner Ribeye Management Llc $200,000
Previous Owner Ribeye Management Llc $500,000
Previous Owner Ribeye Management Llc $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/27/2016 06/27/16 Rented $2,200 0.0% --
06/27/2016 06/27/16 Under Contract -- -- --
05/24/2016 05/24/16 For Rent $2,200 0.0% --
06/08/2015 06/08/15 Sold $1,200,000 -29.2% $563 / Sq Ft
05/22/2015 05/22/15 Pending -- -- --
07/21/2014 07/21/14 For Sale $1,695,000 -- $795 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

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
2023 $26,525 $2,406,019 $1,968,562 $437,457
2022 $26,074 $2,358,843 $1,929,963 $428,880
2021 $25,644 $2,312,592 $1,892,121 $420,471
2020 $25,282 $2,288,880 $1,872,720 $416,160
2019 $24,663 $2,244,000 $1,836,000 $408,000
2018 $14,196 $1,267,519 $1,056,266 $211,253
2016 $13,572 $1,218,300 $1,015,250 $203,050
2015 $6,474 $565,372 $458,906 $106,466
2014 -- $554,298 $449,917 $104,381
Source: Public Records

Agents Affiliated with this Home

  • R

    Landlord's Agent in 2016

    Ralph Suarez

    Engel & Völkers La Canada

  • T

    Seller's Agent in 2015

    Thomas Masterani

    Engel & Völkers Burbank

    (818) 843-7100

    21 Total Sales

    Thomas Masterani
    Section Image

  • C

    Seller Co-Listing Agent in 2015

    Cynthia Rademacher

    Dilbeck Real Estate

  • Dan Sanchez

    Buyer Co-Listing Agent in 2015

    Dan Sanchez

    Engel & Völkers Burbank

    (818) 730-2361

    46 Total Sales

    Dan Sanchez
    Section Image
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Map

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P0-316004852

Pasadena-Foothills Association of REALTORS®

APN: 5654-005-003

California Los Angeles County Glendale 91208 Verdugo Woodlands

2942 Oak Glen Rd, Glendale, CA

This home is located at 2942 Oak Glen Rd, Glendale, CA 91208 since 24 May 2016 and is currently priced at $3,605,000. This property was built in 1945. 2942 Oak Glen Rd is a home located in Los Angeles County with nearby schools including John C. Fremont Elementary School, Rosemont Middle School, and Crescenta Valley High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Pasadena-Foothills Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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