NOT LISTED FOR SALE

Estimated Value: $1,029,000 - $1,300,000

4 Beds
2 Baths
1,772 Sq Ft
$665/Sq Ft Est. Value

Last Sold July 09, 2018

Last sale price $915,000 $516 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $7,191/month

About This Home

As of July 2018

Well maintained nice duplex unit is located in La Crescenta/Glendale. Close to Mall, Park and Fwy 210. Great for one unit owner occupying and one unit rent out. One of Blue Ribbon School District in La Crescenta. Abraham Lincoln Elementary School, Crescenta Valley Senior High School and Anderson W. Clark Magnet High School. This Units is near Crescenta Valley County Park, Dunsmore Park and Montrose Community Park. PLEASE DRIVE BY ONLY. PLEASE DO NOT DISTURB TENANTS!

Last Agent to Sell the Property

Jenny Kang

Bee Investment, Inc. License #01755711 Listed on: 05/10/2018

Co-Listed By

Sook Won Hwang

Redpoint Realty License #02001560

Last Buyer's Agent

Hilda Haghnazarian

License #01433239

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,295

Year Built

  • Built in 1949

Lot Details

  • 5,951 Sq Ft Lot

Interior Spaces

  • 1,772 Sq Ft Home
  • 1-Story Property

Kitchen

  • Dishwasher
  • Disposal

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Units

Listing and Financial Details

  • Assessor Parcel Number 5606-007-040

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,295

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Street Number Display: Yes
  • Living Area: 1772
  • Stories: 1
  • Year Built: 1949
  • Number Of Photos: 8
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bedrooms: 4
  • Dining Room: 0
  • Family Room: 0
  • Total Bathrooms: 2.00
  • Den: 0
  • Equipment: Dishwasher, Garbage Disposal
  • Price Per S Q F T: 507.34

Exterior Features

  • Tennis Court Y/N: No
  • Pool: No

Garage/Parking

  • Parking Garage: Assigned
  • Total Parking: 2

Utilities

  • Cooling: Wall/Window
  • Heating: Wall Gas

Fee Information

  • Insurance Expense: 800.00

Lot Info

  • Assessed Improvement Value: 106103
  • Assessed Land Value: 424415
  • Assessor Parcel Number: 5606-007-040
  • Geocode Override: No
  • Lot Size Area: 5951

Rental Info

  • Total Actual Rent: 42000.00
  • Land Lease Type: Fee

Multi Family

  • Unit Type: 2106, 2107
  • Number Of Units: 2
  • Total Annual Expense: 0
  • Type Of Units: 2
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Sep 21, 2018
Sold by
Arakellian Henrik and Sarkisian Janet
Bought by
Arakellian Henrik and Sarkisian Janet
Current Estimated Value
$1,178,798

Purchase Details

Listed on
May 10, 2018
Closed on
Jun 1, 2018
Sold by
Kang Hyun Joo and Kyijn Joo Kang Living Trust
Bought by
Arakelian Henrik and Sarkisian Janet
Seller's Agent
Jenny Kang
Bee Investment, Inc.
Buyer's Agent
Hilda Haghnazarian
List Price
$899,000
Sold Price
$915,000
Premium/Discount to List
$16,000
1.78%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
3.56%
Original Mortgage
$580,000
Outstanding Balance
$502,726
Interest Rate
4.6%
Mortgage Type
New Conventional
Estimated Equity
$676,072

Purchase Details

Closed on
Aug 12, 2013
Sold by
Kang Hyun Joo
Bought by
The Hyun Joo Kang Living Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 21, 2013
Sold by
Nam Sun He
Bought by
Kang Hyun Joo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$375,000
Interest Rate
3.48%
Mortgage Type
New Conventional

Purchase Details

Closed on
Nov 24, 2002
Sold by
Fraines Ludwig and Fraines Nancy D C
Bought by
Nam Sun Eh

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$232,750
Interest Rate
5.96%
Mortgage Type
Balloon

Purchase Details

Closed on
May 8, 2002
Sold by
Kim Kyung Hwan
Bought by
Kang Hyun Joo

Purchase Details

Closed on
Mar 31, 2000
Sold by
Fraines Ludwig M and Fraines Nancy D
Bought by
Fraines Ludwig and Fraines Nancy D C
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
Arakellian Henrik -- Accommodation
Arakelian Henrik $915,000 Usa National Title Inc
The Hyun Joo Kang Living Trust -- None Available
Kang Hyun Joo $500,000 Chicago Title Company
Nam Sun Eh $332,500 Commonwealth Land Title
Kang Hyun Joo -- Chicago Title Co
Fraines Ludwig -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Arakelian Henrik $580,000
Previous Owner Kang Hyun Joo $375,000
Previous Owner Nam Sun Eh $232,750
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/09/2018 07/09/18 Sold $915,000 +1.8% $516 / Sq Ft
05/10/2018 05/10/18 Pending -- -- --
05/10/2018 05/10/18 For Sale $899,000 -- $507 / 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 $11,295 $1,020,696 $892,413 $128,283
2024 $11,295 $1,000,683 $874,915 $125,768
2023 $11,042 $981,062 $857,760 $123,302
2022 $10,659 $961,827 $840,942 $120,885
2021 $10,477 $942,968 $824,453 $118,515
2019 $10,074 $915,000 $800,000 $115,000
2018 $6,041 $541,128 $432,903 $108,225
2016 $5,758 $520,117 $416,094 $104,023
2015 $5,641 $512,305 $409,844 $102,461
2014 $5,599 $502,270 $401,816 $100,454
Source: Public Records

Agents Affiliated with this Home

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Map

Source: The MLS

MLS Number: 18-344322

The MLS

APN: 5606-007-040