NOT LISTED FOR SALE

Estimated Value: $2,022,000 - $2,606,000

4 Beds
4 Baths
2,727 Sq Ft
$879/Sq Ft Est. Value

Last Sold May 24, 2021

Last sale price $2,395,000 $878 Per Sq Ft

Current estimated payment $15,286/month

12 Days on Market

Highlights

  • Corral
  • Wine Cellar
  • Custom Home
  • John C. Fremont Elementary School Rated A-
  • Primary Bedroom Suite
  • Golf Course View

About This Home

As of May 2021

This is a hidden Spanish Revival estate in the Montecito Park neighborhood. Even neighbors do not know it is here as it was last on the market 50 years ago. Only a wrought iron gate on the original rock pilasters from 1936 give a hint of what lies up the long tree canopied driveway. The elegant one story 4-bedroom hacienda design is centered around an open courtyard. The formal entry is a time capsule of Saltillo tiles, exposed wood beam ceiling, a window seat of original tiles, and a handmade copper sconce. The formal living room has a gorgeous vaulted wood beam ceiling, long plank flooring, subtle arches, and the original fireplace. The family room has custom built-ins and the same plank flooring. The bright kitchen has been remodeled and overlooks the private front grounds, while the dining room has a high raised ceiling, two original built-in china cabinets, and glass doors opening out to the courtyard. Each of the bedrooms has its own remodeled bath. The master retreat enjoys its own sitting room, walk-in closet,home office, glass doors overlooking the front grounds,and a remodeled master bath. Extending onto its own knoll with a view out over the Oakmont Country Club, the grounds are a wonder with a large front grass area, extra off-street parking, several gardens, play yards and entertaining areas, including an open-air cigar lounge. Features include: CA/FA, an attached garage with interior stair, a work shop, and a secret wine cellar.

Last Listed By

Craig Farestveit

Craig Estates & Fine Propertie License #00990645 Listed on: 04/09/2021

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,270

Year Built

  • Built in 1936 | Remodeled

Lot Details

  • 0.63 Acre Lot
  • Landscaped
  • Secluded Lot
  • Property is zoned GLR1RY

Parking

  • 2 Car Attached Garage
  • Parking Available
  • Auto Driveway Gate
  • Guest Parking

Home Design

  • Custom Home
  • Spanish Architecture
  • Spanish Tile Roof

Interior Spaces

  • 2,727 Sq Ft Home
  • Beamed Ceilings
  • Formal Entry
  • Wine Cellar
  • Separate Family Room
  • Living Room with Fireplace
  • Dining Room
  • Home Office
  • Utility Room
  • Laundry Room
  • Golf Course Views
  • Basement

Kitchen

  • Updated Kitchen
  • Eat-In Kitchen

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Retreat
  • Primary Bedroom on Main
  • Primary Bedroom Suite
  • Walk-In Closet
  • Remodeled Bathroom

Outdoor Features

  • Covered patio or porch
  • Lanai
  • Outdoor Grill

Horse Facilities and Amenities

  • Corral

Utilities

  • Forced Air Heating and Cooling System
  • Sewer Paid

Community Details

  • No Home Owners Association
  • Not Applicable 105 Subdivision

Listing and Financial Details

  • Assessor Parcel Number 5613020016

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,270

Year Built

Built in 1936 | Remodeled

Lot Details

0

Parking

2

Listing Details

  • Assessments: No
  • Property Attached: No
  • Subdivision Name Other: Not Applicable-635
  • View: Yes
  • Zoning: GLR1RY
  • Architectural Style: Spanish, Custom Built
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5613020016
  • Year Built: 1936
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2727.00
  • Interior Amenities: Beamed Ceilings
  • Entry Location: Ground Level w/Steps
  • Common Walls: No Common Walls
  • Flooring: Tile, Wood
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 4
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Eating Area: In Kitchen, Dining Room
  • Fireplace Features: Living Room
  • Levels: One
  • Price Per Square Foot: 878.25
  • Room Type: Basement, Family Room, Formal Entry, Master Bedroom, Office, Retreat, Separate Family Room, Utility Room, Wine Cellar, Main Floor Master Bedroom, Master Suite, Walk-In Closet
  • Bathroom Features: Remodeled
  • Room Kitchen Features: Remodeled Kitchen

Exterior Features

  • Patio: Yes
  • Exterior Features: Barbecue Private, Corral
  • View: Golf Course
  • Patio And Porch Features: Covered, Lanai, Patio Open, Tile
  • Pool Private: No
  • Roof: Spanish Tile, Other
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 2.00
  • Number Remotes: 1
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Guest

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Forced Air
  • Laundry Features: In Closet, Inside
  • Sewer: Sewer Paid
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No

Schools

  • School District: Glendale Unified

Lot Info

  • Land Lease: No
  • Land Lease Purchase: No
  • Lot Features: Landscaped, Secluded
  • Lot Size Sq Ft: 27629.00
  • Lot Size Acres: 0.6343

Multi Family

  • Lease Considered: No
  • Lot Size Area: 27629.0000 Square Feet

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 9, 2021
Closed on
May 18, 2021
Sold by
Bakijan Goharik
Bought by
Bakijan Rafik
Seller's Agent
Craig Farestveit
Craig Estates & Fine Propertie
Buyer's Agent
Albert Babayan
JohnHart Real Estate
List Price
$1,989,000
Sold Price
$2,395,000
Premium/Discount to List
$406,000
20.41%
Total Days on Market
12
Current Estimated Value
$2,395,791

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$791
Avg. Annual Appreciation
1.58%
Original Mortgage
$1,640,000
Outstanding Balance
$1,514,358
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,034,884

Purchase Details

Listed on
Apr 9, 2021
Closed on
Apr 26, 2021
Sold by
Villa Richard M and Villa Kimberly K
Bought by
Bakijanian Armond and Bakijan Rafik
Seller's Agent
Craig Farestveit
Craig Estates & Fine Propertie
Buyer's Agent
Albert Babayan
JohnHart Real Estate
List Price
$1,989,000
Sold Price
$2,395,000
Premium/Discount to List
$406,000
20.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,640,000
Outstanding Balance
$1,514,358
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,034,884

Purchase Details

Listed on
Apr 9, 2021
Closed on
Apr 23, 2021
Sold by
Bakijanian Sona
Bought by
Bakijanian Armond
Seller's Agent
Craig Farestveit
Craig Estates & Fine Propertie
Buyer's Agent
Albert Babayan
JohnHart Real Estate
List Price
$1,989,000
Sold Price
$2,395,000
Premium/Discount to List
$406,000
20.41%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,640,000
Outstanding Balance
$1,514,358
Interest Rate
3.1%
Mortgage Type
New Conventional
Estimated Equity
$1,034,884

Purchase Details

Closed on
May 30, 2013
Sold by
Villa Richard M and Villa Kimberly K
Bought by
Villa Richard M and Villa Kimberly K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$920,000
Interest Rate
3.25%
Mortgage Type
Stand Alone Refi Refinance Of Original Loan

Purchase Details

Closed on
Feb 24, 2005
Sold by
Villa Richard M and Villa Kimberly K
Bought by
Villa Richard M and Villa Kimberly K

Purchase Details

Closed on
Apr 19, 2004
Sold by
Hietter Mary C and The Trust Of Mary C Hietter
Bought by
Villa Richard M and Villa Kimberly K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$860,000
Interest Rate
5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Sep 21, 2001
Sold by
Hietter Mary C
Bought by
Hietter Mary C and Trust Of Mary C Hietter

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
Bakijan Rafik -- Chicago Title Company
Bakijanian Armond $2,395,000 Chicago Title Company
Bakijanian Armond -- Chicago Title Company
Villa Richard M -- Lsi Title Company
Villa Richard M -- Lsi Title Company
Villa Richard M -- --
Villa Richard M $1,075,000 Equity Title Company
Hietter Mary C -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Bakijanian Armond $1,640,000
Previous Owner Villa Richard M $877,000
Previous Owner Villa Richard M $903,000
Previous Owner Villa Richard M $920,000
Previous Owner Villa Richard M $860,000
Closed Villa Richard M $107,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/24/2021 05/24/21 Sold $2,395,000 +20.4% $878 / Sq Ft
04/21/2021 04/21/21 Pending -- -- --
04/09/2021 04/09/21 For Sale $1,989,000 -- $729 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $23,270 $2,117,109 $1,692,626 $424,483
2023 $22,735 $2,075,598 $1,659,438 $416,160
2022 $22,340 $2,034,900 $1,626,900 $408,000
2021 $14,190 $1,280,670 $1,149,324 $131,346
2020 $13,986 $1,267,540 $1,137,540 $130,000
2019 $13,644 $1,242,687 $1,115,236 $127,451
2018 $13,415 $1,218,321 $1,093,369 $124,952
2016 $12,801 $1,171,013 $1,050,913 $120,100
2015 $12,538 $1,153,424 $1,035,128 $118,296
2014 $12,427 $1,130,831 $1,014,852 $115,979
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: 320005611

California Regional Multiple Listing Service (CRMLS)

APN: 5613-020-016