NOT LISTED FOR SALE

Estimated Value: $1,187,000 - $1,472,145

4 Beds
4 Baths
2,234 Sq Ft
$571/Sq Ft Est. Value

Last Sold October 25, 2024

Last sale price $1,200,000 $537 Per Sq Ft

Est. 6% increase in value since last sale

Current estimated payment $7,783/month

29 Days on Market

Highlights

  • Fireplace in Guest House
  • Laundry Room
  • East Facing Home
  • No HOA
  • Attached Carport
  • Wall Furnace

About This Home

As of October 2024

Live-Work-Commute...LOCATION, LOCATION, LOCATION! Invest in a property with tons of potential! Make this mid-century traditional home yours! There is over 2200 sq ft of permitted living space on an expansive multi-family zoned lot. The main house has a spacious living room and dining room, including a den, fireplace, and built-ins. The attached Guest House & Recreation Room has a separate water heater and electric meter, and each has its own entrance from the exterior, bathrooms, and a room with a closet. The recreation room has a charming fireplace to cozy up to. The property features a large paved driveway and backyard with planter beds and covered patio. There is plenty of space for multi-generational family living or use for rentals as a great income producing property $$$$. It is located within the Glendale Unified School District, and close to public transportation, highways, colleges, hospitals, studios, entertainment, and within walking distance to restaurants, shopping, markets, makes and more! Image of the Floorplan is the existing layout (it is not proposed)

Whether you’re a professional looking for convenience or an investor, this is a great opportunity! The property needs some TLC so bring your creative vision for the possibilities, and make this property your investment! Make an offer before it's gone! Buyers are advised to do their own due diligence!

Last Agent to Sell the Property

Dean Dana

General Realty Group,Inc. Brokerage Phone: 818-571-5230 License #01206781 Listed on: 08/16/2024

Co-Listed By

Cissy Varkey-Altamirano

JohnHart Real Estate Brokerage Phone: 818-571-5230 License #02097959

Last Buyer's Agent

Haik Bokhchalian

JohnHart Real Estate License #01325511

JohnHart Real Estate

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1930

Lot Details

  • 7,500 Sq Ft Lot
  • East Facing Home
  • Density is up to 1 Unit/Acre
  • Property is zoned R3050

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 2,234 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 4 Main Level Bedrooms

Parking

  • Attached Carport
  • Parking Available
  • Driveway
  • Paved Parking

Additional Features

  • Fireplace in Guest House
  • Wall Furnace

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Lot 52
  • Tax Tract Number 6215
  • Assessor Parcel Number 5680012033
  • $296 per year additional tax assessments
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Year Built

Built in 1930

Lot Details

0

Listing Details

  • Structure Type: House
  • Assessments: No
  • Property Attached: No
  • Road Surface Type: Paved
  • View: No
  • Zoning: R3050
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5680012033
  • Year Built: 1930
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2234.00 Square Feet
  • Stories: 1
  • Common Walls: No Common Walls
  • Full Bathrooms: 2
  • Three Quarter Bathrooms: 2
  • Total Bedrooms: 4
  • Entry Level: 1
  • Fireplace Features: Family Room, Guest House
  • Levels: One
  • Main Level Bathrooms: 4
  • Main Level Bedrooms: 4
  • Price Per Square Foot: 537.15
  • Room Type: All Bedrooms Down

Exterior Features

  • Direction Faces: East
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Parking: Yes
  • Parking Features: Carport, Attached Carport, Covered, Driveway, Concrete

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 7500.00
  • Lot Size Acres: 0.1722

Multi Family

  • Lease Considered: No
  • Lot Size Area: 7500.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 3021.03
  • Tax Lot: 52
  • Tax Tract Number: 6215
  • TaxOtherAnnualAssessmentAmount: 296.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Aug 16, 2024
Closed on
Oct 21, 2024
Sold by
Panattu Basil Varkey
Bought by
Akopyan Karen Gary
Seller's Agent
Dean Dana
General Realty Group,Inc.
Buyer's Agent
Haik Bokhchalian
JohnHart Real Estate
List Price
$1,215,000
Sold Price
$1,200,000
Premium/Discount to List
-$15,000
-1.23%
Views
36
Current Estimated Value
$1,274,786

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$74,786
Avg. Annual Appreciation
5.17%
Original Mortgage
$900,000
Outstanding Balance
$890,267
Interest Rate
6.2%
Mortgage Type
New Conventional
Estimated Equity
$384,519

Purchase Details

Closed on
May 20, 2018
Sold by
Grace Guyette Erin
Bought by
Panattu Basil Varkey

Purchase Details

Closed on
May 3, 2016
Sold by
Silva Luis Alejandro
Bought by
Silva Ciny Varkey
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Akopyan Karen Gary $1,200,000 Old Republic Title Company
Akopyan Karen Gary -- Old Republic Title Company
Panattu Basil Varkey -- None Listed On Document
Panattu Basil Varkey -- None Listed On Document
Silva Ciny Varkey -- None Available
Panattu Varkey V -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Akopyan Karen Gary $900,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2024 10/25/24 Sold $1,200,000 -1.2% $537 / Sq Ft
08/16/2024 08/16/24 For Sale $1,215,000 -- $544 / 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
2025 $13,399 $1,200,000 $1,056,200 $143,800
2024 $13,399 $1,206,864 $910,350 $296,514
2023 $3,588 $304,291 $146,052 $158,239
2022 $3,525 $298,326 $143,189 $155,137
2021 $3,461 $292,478 $140,382 $152,096
2019 $3,334 $283,805 $136,219 $147,586
2018 $3,175 $278,242 $133,549 $144,693
2016 $1,920 $165,843 $79,485 $86,358
2015 $1,882 $163,353 $78,292 $85,061
2014 $1,876 $160,154 $76,759 $83,395
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR24169709

California Regional Multiple Listing Service (CRMLS)

APN: 5680-012-033